Offshore shipping companies are increasingly turning to diesel electric propulsion systems as an efficient means of meeting the performance requirements for modern platform supply vessels. Builders in the U.S., China, Singapore and Norway have all delivered a variety of diesel electric vessels…
Aegean Marine Petroleum Network Inc. (NYSE:ANW) announced that it has taken delivery of the Zakynthos, a 6,272 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The vessel is expected to be deployed to the company's market located in Gibraltar…
Rolls-Royce has received an order worth over $20m to supply diesel generator sets and thrusters to Houston-based offshore engineering and construction company J. Ray McDermott. The order, which includes six underwater mountable azimuth thrusters and four Bergen generator sets…
Statoil has extended its contracts with Schlumberger Norge AS and Baker Hughes Norge AS for integrated drilling services. The extensions are valid for two years from the autumn of 2010.The contracts include delivery of directional drilling…
FloaTEC Singapore Pte Ltd (FloaTEC Singapore), an equal joint venture between Keppel FELS Ltd (Keppel FELS) and J. Ray McDermott (J. Ray), has signed a contract worth about $1b with the Papa-Terra Joint Venture, consisting of Petrobras and Chevron…
AMEC announced that it has been selected by Brazilian company QUIP to perform basic engineering services for the topsides of the P-63 floating production, storage and offloading (FPSO) vessel, to be operated on behalf of Petrobras, Brazil’s national oil company…
Governor Sean Parnell has directed the Department of Law to ask the Ninth Circuit Court of Appeals for permission to intervene in the lawsuit by environmental groups challenging the U.S. Interior Department’s decision to approve an oil exploration plan for the Chukchi Sea…
The Tyrihans field was one of five offshore developments to be presented with a Five Star Award at the Deep Offshore Technology (DOT) conference in Houston on Feb. 2. The Statoil-operated oil and gas project in the Norwegian Sea came on stream last July…
CNOOC Limited announced a summary of its business strategy and development plan for the year 2010. The total targeted net production of the company in 2010 is 275 million to 290 million barrels of oil equivalent (BOE) (assuming with WTI at $75/barrel)…
Keppel FELS Limited (Keppel FELS) has secured a contract from Aramco Overseas Company B.V., a subsidiary of Saudi Aramco, to build a customized KFELS Super B Class jackup rig. The contract is subject to a notice from the owner to proceed with construction by May 2010…
As part of Secretary of the Interior Ken Salazar's commitment to issue a decision on the application for the Cape Wind Energy Project, the Minerals Management Service (MMS) is accepting public comments on the historic preservation aspects of the project…
An estimated 513 billion barrels of technically recoverable heavy oil are in Venezuela’s Orinoco Oil Belt.This area contains one of the world's largest recoverable oil accumulations, and this assessment is the first to identify how much is…
Keppel FELS Limited (Keppel FELS) has delivered Ensco 8502, the third of seven Ensco 8500 Series semisubmersible (semi) drilling rigs it has been contracted to build exclusively for Ensco International (NYSE:ESV). Delivered seven days ahead of schedule…
Statoil has been awarded shares in eight exploration licenses on the Norwegian continental shelf. The company is operator on six of them. The award, which comprises 38 production licenses, is split between 25 for the North Sea, ten for the Norwegian Sea and three for the Barents Sea…
Topaz Energy and Marine, through its subsidiary Nico International Hydrospace, part of the newly established Topaz Engineering division, has completed the Vopak Horizon Fujairah Limited Phase 5 – Marine Extension Project. Topaz executed in subcontract…