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Neste Oil

Marlink Inks Deal with Neste Oil

Marlink to provide services to all eight Neste Oil vessels.

Neste Oil extended its VSAT services with Marlink while upgrading its network and on board satellite hardware. As part of the contract extension, Marlink is installing new VSAT antennas on all eight Neste Oil vessels whilst migrating the fleet to the established iDirect platform. The delivery, based on Marlink’s Sealink VSAT services also features multibearer support and the @SEAoptimizer solution, which is designed to enhance the efficiency of satellite data communications, optimize bandwidth utilisation and enhance the performance of web browsing and file transfers. The move to the iDirect shared platform is designed to deliver sufficient bandwidth for vessel operations and crew welfare, whilst providing competitive airtime rates and link stability. Four Neste Oils vessels will have a dual antenna set-up on board, to ensure uninterrupted communication during complex manoeuvres, where superstructure on board may block line of sight to the satellite. This approach provides uninterrupted connectivity that can support safety and efficiency during operations where continuous communication with the shore office is required. “We have a technology agnostic approach at Marlink, where our goal is to provide the most competitive, reliable and best performing connectivity regardless of platform,” comments Robin Hernandez, Key Account Manager, Marlink.  


Wärtsilä, Neste Oil Maintenance Agreement

The 106,000 dwt crude oil carrier Mt Mastera within the Neste Oil fleet will be covered by the new maintenance agreement signed between Wärtsilä and Neste Oil. (Photo courtesy Wärtsilä Corporation)

Wärtsilä has signed a five-year maintenance agreement with Finnish Neste Oil. The agreement covers both the main and auxiliary engines, delivered by Wärtsilä, for eight vessels in the Neste Oil fleet. According to the agreement, Wärtsilä offers maintenance operations, spare parts, including performance optimisation, as well as an annual visit of specialists to check the optimal operation of each vessel's engines under running conditions.  


Product Tanker Palva Delivered

The product tanker Palva was delivered today from Bordosplit Shipyard in Split. The Palva and sister vessel the Stena Poseidon, which was delivered from the same shipyard in January, this year, are jointly owned by Concordia Maritime and Neste Shipping on a 50-50 basis. Both vessels have been signed to 10-years charters with Neste Oil. The Palva was named at Brodosplit Shipyard in Split at the end of last year together with her sister the Stena Poseidon


MESAB to Retrofit Tankers with BWT Systems

MESAB Module

ME Solutions of Tumba Sweden (MESAB) has received an order from Alfa Laval Nordic AS regarding retrofitting two ships with the Pureballast PB500 2.0 system.   The ships are owned by Frederiet AB in Sweden and chartered by the oil company Nynäs AB, which is a subsidiary of the Finnish oil company Neste Oil. The system will be installed in the pump rooms of the ships. All piping will be made of GRE type pipes. Installation is estimated to be completed January 2012


Wartsila, Metso Jointly Develop Scrubber Systems

Wärtsilä recently signed an agreement with Metso Corporation to co-operate in developing and delivering scrubber systems for marine applications. Under the terms of this agreement, Metso is to supply the scrubber unit, while Wärtsilä is responsible for world-wide sales and integration, including automation, water treatment, and ancillaries. Both Wärtsilä and Metso have experience in the use of scrubber technology for land-based installations.


APC Secure Contracts

Ohio-based Advanced Polymer Coatings LLC (APC announced recent cargo tank coating contracts secured for this year and 2003 worth more than $11.0 million. In addition, a further $14.0 million-worth of its technologically advanced polymer coating MarineLINE has been specified for the tanks of more than 25 newbuildings planned for construction over the next three years. The firm orders cover 20 new construction and in-service vessels for a range of chemical and product tanker owners and


Investors Ask Oil Companies for Risk Reduction Strategies

According to an August 6 report from Environment News Service, suffering deep financial losses from the Deepwater Horizon oil spill in the Gulf of Mexico, and in response to a proliferation of deepwater offshore drilling for oil worldwide, investors have sent a joint letter to 27 major oil companies seeking transparency on risk reduction strategies for their offshore oil operations. Fifty-eight investors in the United States and Europe, representing trillions of dollars in assets


Petroleos: Oil Output Is Fine

The president of Venezuelan state oil giant Petroleos de Venezuela (PDVSA) insisted he did not see any need for OPEC member countries to raise output to cool sizzling oil prices. With prices close to 10-year highs, pressure is growing on the oil cartel from consumer nations to agree to pump more oil at its next ministerial meeting in Vienna on Sept. 10. But PDVSA chief Hector Ciavaldini, reiterating a position expressed by other Venezuelan oil officials such as OPEC President Ali Rodriguez


New STAUFF Mini Water Vac Cleans Oil Continuously

STAUFF_Mini_Water_Vac web.jpg

The STAUFFMini Water Vacpurifies hydraulic system oil, eliminating water, gas and particulate matter. The purified oil satisfies the most stringent quality requirements. The STAUFFMini Water Vac dehydrates and cleans most types of oils such as lubricating, hydraulic, transformer and switch oils while it neither removes nor alters oil additives. The water removal process is based on pure vacuum evaporation inside a vacuum chamber at a maximum temperature of +65 °C / +149 °F.


Nippon Oil Starts Commercial Production

Nippon Oil Corp. has started commercial production of crude oil at a reservoir in the North Sea. Maximum daily oil production at the Blane field, located some 260 kilometers east of Scotland's Aberdeen, is estimated at 17,000 barrels. MOC Exploration (U.K.) Ltd., a fifty-fifty joint venture between Nippon Oil and the Japanese government, holds a 14.0 pct stake in the concession, which accounts for daily production of 2,380 barrels of crude oil.


Pirates Approach Tanker in Bab El Mandeb

The U.S. Navy Maritime Liaison Office in Bahrain (MARLO) has advised that on or about 12:30 UTC on 14 April, the Master of an oil tanker reported being approached by a white-blue skiff in position 12.25.00 North - 043.43.00 East, in the Bab El Mandeb (BAM).


Ex-BP Employee Settles Insider-trading Oil Spill Case

A former 20-year veteran of BP plc who oversaw the company's cleanup efforts from the Deepwater Horizon oil spill will pay more than $224,000 to settle civil charges alleging he used non-public information about the disaster to commit insider-trading, U.S. regulators said on Thursday.


McDermott Signs Agreement for North Sea Spoolbase

© McDermott International

McDermott International, Inc. announced that one of its subsidiaries has signed an option agreement with PD Ports which gives it the exclusive right to operate a spoolbase to serve projects in the North Sea. McDermott expects to have the facility available for projects in early 2015.


YPF Tenders to Buy Fuel Oil for June

State-run oil company YPF launched its second fuel oil tender in April, this time to buy two 50,000 metric ton cargoes (some 375,000 barrels each) to be received in June and supplied to domestic thermoelectrical companies, according to a document seen by Reuters on Thursday.


US 2014 Petroleum Production: Why Hubbert was Wrong

Combined production of crude oil, gas and condensates in the United States is on course to a hit a record this year, passing the previous peak set in 1972. The rise in output has confounded the famous forecast made by Shell geologist M King Hubbert who predicted that U.S


Ultra-deepwater Drillship 'Maersk Valiant' Delivered

Maersk Valiant: Photo Maersk Drilling

Maersk Drilling advises that its second new drillship, 'Maersk Valiant', has been delivered from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South-Korea. Maersk Valiant has begun its voyage towards the US Gulf of Mexico via Singapore to commence a two year contract with


Miami Tugboat Oil Spill: Coast Guard Respond

Oil spill containment: File image

The US Coast Guard says that its crewmembers are responding to a fuel spill in the vicinity of Government Cut in Miami, following a leak discovered aboard the 95-foot tugboat 'Neptune'. Upon further investigation, it has been determined that an estimated 2


Woodside Q1 earning up, no Leviathan deal

Woodside Petroleum, Australia's largest independent oil and gas producer, reported a 5 percent rise in first quarter production on Thursday but said it had not yet finalised a deal to take a stake in Israel's Leviathangas field.


Offshore Driller Noble Corp Q1 Earnings Beat Forecasts

Noble Corp., a leading offshore driller, reported first-quarter net income on Wednesday of $0.99 a share, higher than consensus forecasts, as new rigs helped lift revenues. ThomsonReuters I/B/E/S had forecast earnings of 70 cents a share or 82 cents a share excluding special items.


Crashes in Crucial US Crude Waterway Hit 10-year Low

USCG photo

Serious crashes in the bustling Bay of Galveston have fallen to the lowest level in a decade even as more oil moves on U.S. waterways, official data show, suggesting that better training and equipment are helping avert spills like one in March.


Keppel Q1 Profits Dip Slightly

Maersk Intrepid was delivered by Keppel in Q1 2014 (Photo courtesy Maersk)

The Keppel Corporation released its limited unaudited results for the first quarter ending March31, 2014, reporting a 5% decrease in net profits to S$339 million compared to Q1 2013's S$357 million, though the company attributed the decline to one-off gains from the reversal of provision from the


North Sea: Potential VLCC Moves to South Korea

North Sea Forties crude differentials were unchanged on Wednesday in very quiet pre-Easter trade, with dealers still watching two potential VLCC shipments to Asia and the stuttering return of Libyan oil supplies. A strong early rally in flat-price Brent futures also kept traders on the sidelines


Petrobras, Mitsui Study South Brazil LNG Import Terminal

Image: Petrobras

Brazil's state-run oil company Petroleo Brasileiro SA and Japanese trading house Mitsui Corp will study building a liquefied natural gas (LNG) terminal in the country's southernmost state, Rio Grande do Sul, to supply more fuel for local manufacturers and power generators.


USCG: Deepwater Horizon Response is Far from Complete

Discoverer Enterprise arrives to install the capping equipment - July 2010 (Photo: BP)

The U.S. Coast Guard federal on-scene coordinator (FOSC) for the Deepwater Horizon Response completed the transition to the “Middle Response” (“Middle R”) process and opened active National Response Center (NRC) cases for three miles of coastline in Louisiana.


Damen Launches Kuwait Oil Company’s New Tug

Photo: Damen

First of 14 ASD Tugs launched at Damen Shipyards Galati The Kuwait Oil Company’s (KOC) new ASD Tug 3212 was launched end of March at Damen Shipyards Galati, Romania. The ceremony marks the first in a 14-terminal tug contract between the two companies whose working relationship spans more


 
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