New Offshore

White House Halts All New Offshore Drilling

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)

NG Supplies Nav Systems for Brazil OSVs

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

New Offshore Terminal Designs May Expedite LNG Deliveries

In the wake of announcements by the Federal Reserve about the need for more natural gas, Saipem Group, Single Buoy Moorings, Bluewater Offshore, Spectrum Energy Services, Hoegh LNG and Aker Kvaerner will discuss radically new concepts for receiving terminals at an industry meeting in Houston, June 19 and 20. "The LNG industry has typically required at least five years to put new supply chains into place. With local community opposition to onshore terminals running high

Offshore Wind Power: Good Growth in EU in 1H '11

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

Mobile Offshore Drilling Units – New Market Forecast

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 Turbine Certified

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

Saipem Wins Offshore Contracts Worth $230m

Saipem has been awarded two new offshore contracts in Kazakhstan and Egypt worth a total value of $230 million. Agip KCO awarded the Saipem and Aker Kvaerner unincorporated consortium a contract as part of the experimental programme of the Kashagan field development in the Caspian Sea. The contract includes early work activities for the hook-up and commissioning of the offshore facilities as well as for the inshore completion to be executed in the Kuryk yard

World’s First Offshore Barge with Built-in BWTS

The BALPURE ballast water treatment system, which received Type Approval in July 2011, has been selected for use on two flattop oceangoing heavy deck cargo barges. The Type-Approved BALPURE ballast water treatment system from Severn Trent De Nora has been selected for use on two oceangoing heavy deck cargo barges being constructed for Norwegian-based Greenway Shipping by Dalian Shipyard, at its shipyard in Dalian, China

Brazil's Wilson, Sons, Record Increase in Towage, Offshore Business in Q1 2012

Wilson, Sons report increase in towage, offshore revenues during first quarter 2012 The Company recorded Net Revenues of USD 157.2M, in line with 1Q11 figures. There was, however, healthy increase in Towage (up 34,9%) and Offshore (up 12,5%), due to better pricing and an increase in the number of vessels in operation. Currently, the Company has 3 tugboats and 5 PSVs in different phases of construction at the Guaruja Shipyard

NOIA Reacts to Salazar's Pending Departure

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