Post-Brexit Troubles Spell More Job Losses for UK Fishing Sector
Britain could lose more jobs in its fishing sector if the current delays and increased costs involved in exporting to the EU post-Brexit are not ironed out soon, industry groups told British government officials on Tuesday.Speaking at an Environment, Food and Rural Affairs (EFRA) select committee inquiry, representatives of Britain's fishing sector said small to medium-sized enterprises were especially at risk and called on the government to urgently negotiate new export rules with the EU."(Even) if we get (export) systems sorted, we will still have cost implications.
Offshore Pipeline Standard Update by DNV GL
The most used and recognized offshore pipeline standard in the world has been updated to reflect the latest pipeline research and developments by DNV GL, the quality assurance and risk management company, and other leading industry players. The standard, previously called DNV-OS-F101 is now renamed DNVGL-ST-F101. Around 65% of all new projects globally are designed according to the standard, first issued in 1976. The new revision reflects the conclusions of joint industry projects (JIPs) by DNV GL and other leading industry players such as DNV GL’s JIP providing guidance for installation of rigid and flexible pipes, umbilicals and power cables.
Saipem: A Fleet Grows in Brazil
As some pre-salt plays begin production, a wide range of subsea infrastructure is being built, with O&G transportation pipeline grids being one of the vital downstream systems. Saipem has been recipient of the first major contracts to install deepwater pre-salt pipelines by national operator Petrobras. Claudio Paschoa, Maritime Reporter’s correspondent in Brazil brings us an in-depth look at Saipem’s vessels and projects in Brazil. Saipem’s pipelaying segment is part of a unified Business Unit Engineering & Construction, an entity with more than 30,000 employees from more than 100 nationalities, with more than 60 permanent establishments and numerous project execution centers worldwide, which has maintained yearly revenues exceeding $13 billion.
Saipem Wins $1.1B E&C Offshore Contracts
Saipem has been awarded new E&C Offshore contracts worth $1.1 billion in Brazil, Angola and the Caspian Sea. In Brazil, Saipem has signed an EPIC contract with Petrobras for the projects Sapinhoá Norte and Cernambi Sul, within the development of the Pre-Salt Risers in the Santos Basin, approximately 300 kilometres off the coasts of the Rio de Janeiro and São Paulo states, in water depths of 2,200 metres. Petrobras is operator of the BM-S-09 consortium with BG and Repsol and the BM-S-11 consortium with Galp and Repsol. The scope of work encompasses the engineering, procurement, fabrication, installation and pre-commissioning of the SLWR (Steel Lazy Wave Riser) for the collection system at the Sapinhoá Norte field…
Descartes to Acquire IES
Descartes Signs Definitive Agreement to Acquire Integrated Export Systems Business; Adds a Robust Freight Forwarder and Customs Broker Community Specializing in Processing Shipments Originating in Asia. Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, has signed a definitive agreement to acquire substantially all of the assets of Integrated Export Systems, Ltd. and IES Asia Limited (collectively referred to as "IES") for approximately US$35 million in cash. IES provides software-as-a-service solutions that help freight forwarders, non-vessel operating common carriers (NVOCCs), and customs brokers manage their businesses and improve profitability.
Global Offshore Pipeline Market by Region 1997-2006
The installation of almost 50,000 km of pipeline is forecast over the next five years in the new second edition of The World Offshore Pipelines and Umbilicals Report 2002-2006, published today by leading offshore analysts Douglas-Westwood and offshore data specialists Infield Systems. According to the report’s lead author, Dominic Harbinson of Douglas-Westwood, “This total represents an increase of 44 percent over the previous 5-year period, and will require a global Capex of almost $53.6 billion. Three regions dominate the market, accounting for almost 60 percent of forecast pipeline lengths and over half of forecast global Capex.” The three regions are: North West Europe (with a forecast spend of $11.4 billion), Asia Pacific ($9.5 billion) and the US Gulf of Mexico ($8.2 billion).
