According to an April 30 report from AOLNews.com, the White House said today it is halting all new offshore drilling in U.S. waters until there's an "adequate review" of a massive 600-mile-wide oil slick that has begun to drift into Louisiana's wetlands. British Petroleum pledged to reimburse people whose property is damaged by the spill. (Source: AOLNews.com)
Northrop Grumman Corporation's (NYSE:NOC) Sperry Marine business unit has been awarded contracts to supply bridge navigation systems for four new offshore supply vessels to be built in Brazil. The four multipurpose platform supply vessels, designed by Rolls-Royce, will be built at the Estaleiro Alianca shipyard near Rio de Janeiro for Companhia Brasileira de Offshore (CBO). They will be placed on long-term charter with Petrobras, the Brazilian state oil company
A research report estimates the value of the global mobile offshore drilling market to be US$ 48.1-billion in 2012 An excerpt from the report follows: Oil and gas production from offshore resources is of considerable importance for energy companies as existing base resources are being depleted at a rapid rate. New significant oil discoveries are becoming less common, with the majority of major finds being offshore
Siemens Wind Power has received offshore prototype certification from GL Renewables Certification (GL RC) for testing its new 6 megawatt offshore wind turbine at DONG Energy's Gunfleet Sands III demonstration project in the UK. This will be the first offshore test of this new offshore wind turbine. Morten Pilgaard Rasmussen, head of research and development at Siemens Wind Power received the Prototype Certificate from Axel Dombrowski
The European Wind Energy Association (EWEA) has published offshore wind energy statistics for the first half year of 2011, showing a comfortable 4.5% increase in installations of offshore capacity compared to the first half of 2010. 101 new offshore wind turbines, with a total capacity of 348 Megawatt (MW), were connected to the power grids in the UK, Germany and Norway during the first six months of 2011. In Europe, eleven offshore wind farms worth some 8
Saipem has been awarded new offshore Engineering & Construction contracts in the Gulf of Mexico, for a total amount of approximately $750 million. Pemex has awarded Saipem an EPCI contract for the development of the Lakach field, located 98 km southeast of Veracruz and 131 km northwest of Coatzacoalcos, at a water depth varying between 850 and 1,200 metres. The scope of work of the contract involves the engineering, procurement
Nordic American Tankers Ltd. (NAT) inform that they have created a new offshore supply vessel company, Nordic American Offshore Ltd. that has completed a $250m private placement. Earlier this month the investor market was informed that NAT was coordinating the establishment of Nordic American Offshore Ltd. (NAO). NAO, an offshore supply ship company, has now been established and NAT is its largest shareholder (26%) with an investment of $65 mill.
MAN Diesel & Turbo has launched its PA6 B Offshore GenSet (OG). Aimed at the offshore drilling segment, the new engine is specifically targeted at semisubmersible drilling rigs. The PA6 B is a four-stroke, medium-speed engine built at MAN Diesel & Turbo’s St. Nazaire, France facility from where the company has sold the engine for many years. St. Nazaire will assemble individual PA6 B OG units together with an alternator in constructing the new, offshore GenSets
NOIA President Randall Luthi Comments on Pending Departure of Interior Secretary Ken Salazar. National Ocean Industries Association President Randall Luthi today issued the following statement on the upcoming departure of Interior Secretary Ken Salazar: “On behalf of the National Ocean Industries Association, I thank Secretary Salazar for his service and wish him the best on his return to Colorado
Rolls-Royce informs it has won a contract worth approximately £13.5 million to deliver a unique package of advanced ship equipment for a new offshore construction vessel (OCV) currently being built in Turkey for the Norwegian ship owner Volstad Shipping AS. The vessel is 125 meters long and is designed with ice class for operations in Arctic waters. It is a ST-259 design by Skipsteknisk and is due to be delivered from the Tersan Shipyard, Turkey, in the second half of 2015.
Japanese shipbuilder Mitsui Engineering & Shipbuilding Co., Ltd. (MES) announced it has developed a next generation hull platform for floating production, storage and offloading system (FPSO) that aims to offer improved flexibility between projects.
Press Release - Caterpillar Oil & Gas has announced the introduction of Asset Financial Solutions, a financial product that provides 100 percent financing new offshore or marine assets. The new solution enables Caterpillar to offer customers a tailored solution to optimize their business and
Reflex Marine, a specialist in offshore personnel access by crane, will exhibit its FROG-XT transfer device range for the first time at the 41st SPE Offshore Europe Conference & Exhibition from the September 8-11 in Aberdeen. Having unveiled the prototype in at OE in 2013
SSI's CAD/CAM ShipConstructor software utilizes a Marine Information Model (MIM) to store a wealth of data that can be leveraged for maintenance, repair and lifecycle support. Slated to exhibit at the American Society of Naval Engineers' Fleet Maintenance & Modernization Symposium
South Korean shipyard Hyundai Heavy Industries (HHI) has ordered two seawater/propane based regasification modules from Wärtsilä. The systems are to be installed on floating storage and regasification unit (FSRU) vessels owned by Höegh LNG
HEAVYLIFT@SEA and SeaRenergy Offshore present the new offshore assistance vessel (OAV) SR1 concept Dedicated ship design office HEAVYLIFT@SEA has partnered with service provider to the offshore industry SeaRenergy to produce a new vessel design that is poised to benefit from best practice
On April 21, Hyundai-10000, Hyundai Heavy Industries (HHI)’s newest floating crane, succeeded to the throne of “symbol of HHI” from the two 1,600-ton gantry cranes at its offshore yard by lifting a topside module of Moho Nord tension leg platform (TLP) at once.
Construction of the U.K. Royal Navy’s second new Offshore Patrol Vessel (OPV) has begun, marked by a ceremony led by Defense Secretary, Michael Fallon, at BAE Systems in Glasgow. The Secretary of State formally started construction of HMS Medway
Norwegian manufacturer of ballast water treatment systems MMC Green Technology reports it has sold more than 70 systems since going commercial with its MMC BWMS two years ago, 40 of which have already been installed on board vessels worldwide, the company said.
Norwegian shipping company Atlantic Offshore A.S. took delivery of new offshore multipurpose vessel Ocean Falcon from Zamakona Yards at the builder’s facilities in Pasajes, San Sebastián. Ocean Falcon is the third and final vessels in a series built by Zamakona for Atlantic
ABS Group has announced the release of a new offshore Asset Integrity Management (AIM) service focused on driving operational reliability, efficiency and profitability for asset owners and operators. The AIM services are delivered by a newly dedicated offshore business division using a
BP Shipping today celebrates its 100-year anniversary, making it the longest continually operating company in the BP group. Formed on April 30, 1915 as the British Tanker Company, the business has adapted to significant world events including two world wars, the Great Depression
German shipbuilding has made a significant turnaround. The country’s shipbuilding industry has seen increases in the number of employees, orders and deliveries compared to 2013, according to the German Shipbuilding and Ocean Industries Association (VSM).
The construction of the new offshore wind farm Luchterduinen entered its final and most noticeable phase yesterday, with the installation of the first wind turbine by Van Oord’s new transport and installation vessel, the Aeolus
Owners of tank barges eye November 15, 2015 with trepidation, as by then they must ensure that tank barge power units meet USCG Class 1, Division 1 requirements for non-sparking machinery in a hazardous environment. Laborde Products – with the “mechanical advantage of the