Rolls-Royce has been selected by the Alaska Department of Transportation and Public Facilities, via its Alaska Marine Highway System, and Vigor Industrial, to provide a highly efficient propulsion system for its future Alaska Class ferries that will be built by Vigor Shipyards in Ketchikan…
SIU: Canada's coastline could become the easiest point-of-entry for terrorists if CETA becomes a reality. Their statement on the matter is shown below:The Seafarers International Union of Canada is today raising the alarm to inform Canadians…
Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines 'vessel utilisation' as the percentage of the vessel charter period spent on contracted or multi-client data acquisition…
Arctech Helsinki Shipyard is now 100 percent Russian-owned as United Shipbuilding Corporation bought the remaining half of the company’s shares from STX Finland Oy. Arctech Helsinki Shipyard Inc. was founded in December 2010 as United Shipbuilding…
Yamal is seen as the future of the Russian gas industryDevelopment of an unparalleled gas production center is well underway in Yamal, in harsh Arctic latitudes. The annual design capacity at Bovanenkovo has already amounted to 90 billion cubic meters of gas…
On December 18, Member of Rosneft Board of Directors, special representative of President of the Russian Federation on international cooperation in the Arctic and Antarctic Artur Chilingarov made a report 'Russia and Norway: Prospects for…
ABIS Projects has won a clutch of contracts worth around £1million over the next 15 months. The oil and gas project services consultancy has secured frame agreements and call-off contracts with ADTI, Hunting, Talisman Sinopec and North Sea newcomer…
Messoyakhneftegaz has began building a pressurized pipeline from the Messoyakhinskoe group of deposits, located to the north of Yamalo-Nenets Autonomous Region, to the main Arctic Circle-Purpe pipeline system.The oil pipeline with a maximum…
OAO Sovcomflot (SCF Group) signed a new USD 319 million 10 year credit facility with a consortium of leading European banks with ING acting as Agent. The funds will be used towards financing two new ice-class LNG carriers SCF Melampus and SCF Mitre…
Zamakona Yards signed a collaboration agreement with finish Multinational GS Hydro. The agreement, with an initial duration of two years, will include hydraulic services in the already extensive range of services offered by the Zamakona Yards group in the Canary Islands…
The scientists of Siberian Federal University with the support of Rosneft found a missing population of Evenki wild reindeer. It became possible through implementation of the “Evenki reindeer” project, realized jointly with East-Siberian…
State commission on reserves confirmed the fact of discovery of the new arctic oil and gas field Pobeda on the Kara sea shelf. The field was discovered as the result of the drilling of the northernmost well in the world – the Universitetskaya-1 well…
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 8 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea. 'This sale…
Norwegian Energy Company’s (Noreco) production in the third quarter of 2014 was basically unchanged from the previous quarter, significant impairments took down Noreco net results after tax to minus NOK 1 101 million.Revenues in the third quarter 2014 were NOK 296 million…
Statoil has been recommended as Johan Sverdrup operator. Their agreement will be included in the Unit Operating Agreement (UOA), which is planned to be submitted to the authorities in February 2015 together with the Plan for Development and Operation (PDO)…