Search for ONGC Offshore Helicopter Crew Continues
The Indian Navy has widened its search operations for the missing crew members of the Pawan Hans helicopter (C/s VT-PWA) which crashed off the Mumbai coast on Saturday. The helicopter with seven people on-board, including five Oil and Natural Gas Corporation (ONGC) officers and two pilots, crashed off the Mumbai coast minutes after it took off for the state-owned company’s oil installation in the Arabian sea on Saturday. According to NDTV report, on the third day of search in the high seas, the rescuers located the last remaining body - of the missing pilot. Earlier the rescue teams of Indian Navy and the Coast Guard had recovered six bodies on Saturday, including the five ONGC deputy general managers who perished and one of the pilots. However, this is not officially confirmed.
Offshore Gas Leak in North Sea – Texans on the Way
A team of Texan troubleshooters head for Scotland to prevent a major gas blast in the North Sea, according to a report in the 'Daily Record' newspaper. The giant oil installation was completely sealed off and abandoned after being evacuated following the leak. The shutdown and evacuation is unprecedented in the history of oil and gas exploration off Scotland. The firm running the operation have drafted in a team of Texan “Hellfighters” in a bid to prevent a disaster akin to the Deepwater Horizon catastrophe in the US. Nineteen oil workers who stayed on the Total-owned Elgin platform were airlifted off yesterday. A two-mile air and sea exclusion zone was imposed around the Elgin and the connected Rowan Viking drilling rig 150 miles off Aberdeen.
GAC Acquires Majority Stake in Norway’s Ole R Olsen AS
The GAC Group has acquired an 80 percent stake in Ole R Olsen AS (ORO) Norway’s oldest shipping agency. This follows a strong and positive half-year strategic alliance between GAC and ORO. GAC purchased the shares of ORO’s retiring President Frank H Toftesund. The remaining 20 per cent shares are held by ORO’s Managing Director, Ahmet Øzsoy, who will continue to head the new entity GAC-ORO. The merger brings together GAC’s global connections with ORO’s 162 years of maritime experience in Norway and its support for that country’s oil installation in the North Sea. Established in Bergen, Norway in 1845, ORO’s headquarters are in Mongstad, home to the country’s biggest oil, gas and product terminal.
