Rig firm Fred. Olsen Energy and South Korean yard Hyundai Heavy Industries settle dispute over construction of semi-submersible rig Bollsta Dolphin. Shares in Fred. Olsen Energy up 17 percent at 0736 GMT on the news, after rising 37 percent at the opening of the Oslo bourse. Ownership of platform will be retained by Hyundai and arbitration proceedings associated with disputes have been terminated by consent. Fred. Olsen Energy's subsidiary firm Bollsta Dolphin will receive about $176.4 million from Hyundai of first installment paid by Bollsta. Reporting by Gwladys Fouche
As a division of Brown & Root Energy International, Services (BRES), SubSea International, Inc. has been awarded a contract to provide remotely operated vehicle (ROV) services to support Burlington Resources, Inc.'s drilling program in the Gulf of Mexico. Brown & Root Energy Services is a business unit of Halliburton Company. Operating from onboard semi-submersible Borgny Dolphin, SubSea International's ROV systems. include a custom-built heavy launch and recovery system
The 63,800 dwt bulk carrier 'Amber Champion' has been completed and named at the Chengxi Shipyard Co. A spokesperson for the shipbuilder addressed guests at the ceremony, and the following is drawn from that speech. The Dolphin 64 bulk carrier is an energy-efficient, environmental-friendly, and economic Supermax vessel. Not only does it have an index of each function much higher than the required baseline standards, but it also shows unparalleled economy over vessels of similar types.
Rig to cost $195 mln to upgrade vs earlier $125 mln; upgrade to be completed in June vs earlier view April. Firm's down 5.6 percent. Norwegian rig firm Fred. Olsen Energy said on Tuesday that an upgrade on one of its most important rigs would be more expensive and would take longer than earlier thought, sending its shares sharply lower. The Blackford Dolphin rig would cost $195 million to undergo "additional structural upgrades", which would be completed in June
ESS Support Services Worldwide, part of Compass Group, has won a new, three-year contract, worth £10.5 million, to provide hotel and catering services to Dolphin Drilling Ltd. Aberdeen-based ESS has worked with Dolphin Drilling since 2007, delivering food and housekeeping services on board the Belford Dolphin. This second contract, which commenced on June 1, 2014, will see the ESS team provide catering and hotel services to 180 people across seven levels of accommodation on board
A record dolphin die-off in the northern Gulf of Mexico was caused by the largest oil spill in U.S. history, researchers said on Wednesday, citing a new study that found many of the dolphins died with rare lesions linked to petroleum exposure. Scientists said the study of dead dolphins tissue rounded out the research into a spike of dolphin deaths in the region affected by BP Plc's oil spill that was caused by the 2010 Deepwater Horizon oil rig explosion.
Minoan Lines subsidiary Minoan Flying Dolphins added to a recent flurry of vessel acquisition with the purchase of 10 more ferries for an undisclosed amount, bringing its total fleet to 63 vessels. The ferries purchased are: Poseidon Express II, Pegasus, Milos Express, Papadiamantis, Poseidon Hellas, Aeas, Apostolos, Hellas, Aphaea and Aegina. Minoan Flying Dolphins' fleet includes 34 new technology ships, 25 of conventional technology, and four RoRo ships.
Two Norwegian oilfields were shut Wednesday amid fears that a stricken exploration rig might start dragging its anchors in high seas and threaten to crash into them. The North Sea Snorre and Vigdis fields, with a combined output of 260,000 bpd, closed after three of the rig's eight anchors broke free of the seabed in a storm which produced 55 ft. waves. About two-thirds of the rig workers were evacuated via helicopter, and no injuries were reported
Cruise ship passengers and tourists stopping in Gibraltar now have the opportunity to view the region’s dolphins and marine life from the comfort of a new Blyth Workcat. The 14-meter GRP-hulled boat has been acquired by Dive Charters Ltd. who own and operate Dolphin Adventure one of Europe’s largest dolphin watching organizations. The new Dolphin Adverturer II which can carry up to 70 passengers, has joined her sister ship Dolphin Adventurer which is a 50 seat 12-meter Blyth
BAM International and its South African joint-venture partner Stefanutti Stocks have been awarded the contract for the engineering, procurement and construction (EPC) of a petroleum jetty at the Kissy Oil Terminal of Freetown in Sierra Leone. It will take the joint venture approximately one year to design and complete the project for PetroJetty Ltd. The new petroleum jetty comprises a 240 metres steel trestle on steel piles, including a concrete offloading platform of 12 x 25 metres
The Government of Canada recognizes the critical role of international cooperation on energy, as it impacts economic and social development, innovation, safety and security, environmental protection, and climate change. Canada's Minister of Natural Resources, the Honourable Jim Carr
South Africa's newly appointed energy minister Mmamoloko Kubayi has postponed the signing of agreements between state-run power utility Eskom and renewable energy Independent Power Producers (IPPs), Business Report newspaper said on Tuesday.
The U.S. Department of Energy announced that it has signed an order authorizing Golden Pass Products LLC to export domestically produced liquefied natural gas (LNG) to countries that do not have a free trade agreement (FTA) with the United States
National Ocean Industries Association president Randall Luthi weighs in on President Trump’s Executive Order on offshore energy. It’s a new day and a new attitude for American energy. The National Ocean Industries Association (NOIA) applauds President Donald Trump’s Executive
The Coast Guard assisted a pilot involved in an aircraft emergency in Georgetown, Delaware, today. A Coast Guard Air Station Atlantic City MH-65 Dolphin helicopter crew was returning from routine training with members of Coast Guard Station Crisfield, Maryland
The Indian Ministry of Shipping, as a part of its ‘Green Port Initiative’ has been emphasizing on use of renewable sources of energy to power Major Ports across the nation. The Ministry aims to set up 91.50 MW of solar energy capacity at the twelve Major Ports and
Corvus Energy Inc. has announced that it has been selected as the supplier of the lithium ion based energy storage system (ESS) for a new hybrid chemical tanker being built for Rederiet Stenersen AS of Norway. The chemical tanker will be the first vessel of its kind to utilize an ESS
The Coast Guard rescued three fishermen Tuesday after the fishing vessel they were on caught fire 1 mile east of St. Catherines Island, Georgia. Coast Guard Sector Charleston Command Center watchstanders received a call from a crew member aboard the fishing vessel Sea Puppy at 3:16 p.m
Three fishermen were rescued Tuesday after their vessel caught fire 1 mile east of St. Catherines Island, Georgia. U.S. Coast Guard Sector Charleston command center watchstanders received a call from the fishing vessel at 3:16 p.m. stating their vessel was on fire and sinking
The U.S. Coast Guard is conducted a first-light assessment survey Thursday of a tugboat oil spill on the Halifax River near Ormond-by-the-Sea. The tug Tutahaca was reported to be leaking bilge oil into the river Wednesday.
Following President Trump’s address to the joint session of Congress, National Ocean Industries Association (NOIA) president Randall Luthi weighs in on shifting U.S. policy and its effects on offshore energy and the American economy.
Foreship has appointed Jan-Erik Räsänen as its Head of New Technology effective from March 1, 2017. The new role expands Foreship’s energy-saving consulting services at a time when the cruise industry is considering the best way of harnessing fast-emerging hybrid
Industry expert predicts LNG will remain a key energy source; energy authority expect that Japan’s reliance on LNG will continue to grow Japan imported 8.3 million metric tons of LNG in January, an increase of 1.06 million metric tons compared to the previous year
DONG Energy has decided to retire “Vindeby”, the world’s first offshore wind farm, which 25 years ago marked the birth of the offshore wind industry. Today, offshore wind is a recognised and proven renewable energy technology
Dolphin Drilling AS, a subsidiary of Fred. Olsen Energy ASA, has extended contract with Statoil for Bideford Dolphin. "We have entered into a one well contract extension, including one optional well, with Statoil for use of the semi-submersible drilling rig Bideford Dolphin for