Foreship Appoints Sward to Head US Operations
Naval architecture and marine engineering company Foreship Ltd has appointed Benjamin Sward as President of Foreship LLC to take responsibility for the company’s U.S. activities. Based in Fort Lauderdale, Fla., Sward will also oversee Foreship’s Seattle operation.The appointment sees a return to Foreship for Sward, who served the company as a Naval Architect and Project Manager between 2015-2018 and led a variety of upgrade projects for high-profile cruise clients such as Royal Caribbean, Norwegian Cruise Line, Celebrity Cruises.
Offshore Energy Outlook for 2020
The “new normal” is a phrase tossed around often in offshore energy circles today as those servicing and operating in the sector grapple with the harsh realities of the prolonged industry downturn. Operators, service companies and equipment suppliers have been forced to adjust to oil selling at prices well below the $100+ per barrel mark seen in years past. As of this writing, Brent oil was hovering around $62 per barrel, and analysts expect prices will remain in this range for some time into the future.On top of this…
New Player Enters the Decommissioning Market
A new entrant to North Sea decommissioning, Well-Safe Solutions was established by a group of oil industry stalwarts Alasdair Locke, Mark Patterson and Paul Warwick, setting out to provide a new approach to the safe and cost-efficient decommissioning of subsea wells. The new start company, which aims to attract £200 million ($260 million) in investment and create 400 new jobs, will offer a specialist well abandonment service. Well-Safe has secured funding from Scottish Enterprise…
CEVA launches City of Energy in Middle East
CEVA Logistics, one of the world’s leading global supply chain management companies, today announced the official opening of the City of Energy in the United Arab Emirates. The hub, which covers an area of 27,000 sqm of warehouse space and 10,000 sqm of yard space, is strategically located in Jebel Ali Free Zone in Dubai and is fully dedicated to the warehousing and handling of oil and gas products for the Energy sector. The cutting-edge logistics platform is unique in the Middle East, being the first logistics company with a facility dedicated solely to the oil and gas market. The City of Energy will house CEVA’s oil and gas customers and will be home to CEVA’s dedicated Oil & Gas and project logistics team.
Industry Research into Oil and Gas Skills
The most thorough analysis of the North Sea oil and gas skills landscape ever undertaken will commence next week with nine of the U.K.’s leading energy, business and skills organizations involved. The major study is the first to examine in depth exactly how many people and what skills are needed in order to address the critical shortage in the industry both now and in the future. Senior representatives from more than 1,000 operators, contractors and organizations throughout the…
Liquid Robotics, Schlumberger Form Oil & Gas Joint Venture
Liquid Robotics, Inc. and Schlumberger announced the creation of Liquid Robotics Oil & Gas, a joint venture to develop services for the oil and gas industry using Wave Gliders, the world’s first wave-powered, autonomous marine vehicles. The joint venture will combine Liquid Robotics Wave Glider technology with Schlumberger oil and gas expertise and industry knowledge to integrate and deploy new solutions for customers worldwide. Liquid Robotics and Schlumberger have equal ownership of the joint venture.
Australian Wind & Wave Energy Platform a World First
The triangular shaped Energy Island will comprise six oscillating water column (OWC) wave energy devices and an offshore wind turbine assembly and will be capable of generating up to 10 megawatts of power. It is envisaged that six or more Energy Islands may be linked together to create an Energy Farm, which is estimated could supply power to 16,500 Australian households per year. Wood Group Kenny's initial eight-month scope of work under the contract will be carried out in two parts. The first part will involve a data gathering exercise covering a wide range of environmental and technical issues, and the second part will involve conceptual study work to define the layout and configuration of the overall Energy Island assembly.
AREG Members Tackle Renewable Challenges
Asset integrity and initiatives to tackle skills shortages are among the subjects to be discussed when Aberdeen City and Shire’s leading renewable energy industry body hosts a business seminar in Aberdeen today (Tuesday, October 18). Leading figures from five of Aberdeen Renewable Energy Group’s (AREG) member organizations will be highlighting and addressing current industry issues. They will also brief fellow members on recent developments and emerging solutions in their specialist areas.
Statoil to Become U.S. Shale Operator by 2013
Statoil ASA (STO, STL.OS), which built its oil and gas expertise in Norway's offshore waters, is stretching its land legs in the U.S., where it seeks to partake of the shale bounty. Like many international oil and gas companies, Norway's Statoil has poured billions into joint ventures with some of the North American independents that in the last decade figured out how to profitably unlock the oil and gas trapped in shale, bankrolling their drilling while hoping to learn some of their techniques. But peering over its partners' shoulders is not enough: Statoil plans to run its own U.S. shale operation in South Texas's Eagle Ford Shale by early 2013, said the company's executive vice president for North America, Bill Maloney.
