Arctic Operations News

 

New Arctic Oil Spill Recovery Icebreaker

Apr 16, 2013

Aker Arctic Technology to introduce the ‘Heavy Duty’ oblique icebreaker project for Arctic operations (Aker ARC 100 HD) at upcoming expo.With the awarding of drilling permits in the Arctic subject to increasing scrutiny, Aker Arctic Technology…

China Gets at Least a Toe-hold in Arctic

Apr 16, 2013

The Arctic Institute sees agreement the China-Iceland trade agreement as a clear sign of China's drive to gain a foothold in the Arctic region.In response the signing of a free trade agreement between China and Iceland today, The Arctic Institute’s Executive Director Malte Humpert said:'…

Northern Sea Route Carrier to be Privatised

Apr 16, 2013

The Russian state-owned stake in Murmansk Shipping Company (MSCO) will be privatised by the end of 2013.MSCO assets are composed of fleets of three shipping companies: Murmansk Shipping Company (Murmansk), Northern Sea Shipping Company (Arkhangelsk)…

Arctic Summers Possibly Ice-free Within Twenty Years

Apr 14, 2013

'It’s not a question of 'if' there will be nearly ice-free summers, but 'when,' say two NOAA scientists.James Overland of NOAA’s Pacific Marine Environmental Laboratory and Muyin Wang of the NOAA Joint Institute for the Study of Atmosphere and Ocean at the University of Washington…

Russian Arctic LNG May Ship to Europe

Apr 12, 2013

The partners in Russia 's Yamal LNG project are in talks to ship cargoes to Britain & northwest Europe in winter, when heavy sea ice clogs routes to Asia.Under the plan, a fleet of around 14 LNG ice-breaking vessels will deliver Arctic gas…

Arctic OSV Named at Arctech Yard

Apr 12, 2013

Arctic offshore vessel NB 507 has been named after Russian Navigator Aleksey Chirikov at Arctech Helsinki Shipyard.The vessel will be delivered to the largest Russian shipping company Sovcomflot shortly and will continue its path straight to Sakhalin area in Far East Russia…

ConocoPhillips Put Arctic Drilling Plans on Hold

Apr 11, 2013

Regulatory uncertainty leads ConocoPhillips to call a halt to its 2014 Chukchi Sea exploration drilling plans.ConocoPhillips say it will put its 2014 Alaska Chukchi Sea exploration drilling plans on hold given the uncertainties of evolving…

Arctic Integrated Management & Planning Advocated

Apr 05, 2013

A US interagency working group calls for an integrated management strategy for the rapidly changing Arctic.The recently issued report of the inter-agency working group, chaired by Interior Deputy Secretary David J. Hayes, highlights the need…

Shell's Fresh Arctic Oil Exploration Attempt

Apr 05, 2013

Shell to sign Russian Arctic deal with Gazprom Neft, Kremlin reveals.The companies are preparing to sign an agreement that will cover joint offshore drilling in the Russian Arctic as well as shale oil projects onshore in Western Siberia, reports The Telegraph…

Arctic Russia LNG Plant Contracts Awarded

Apr 04, 2013

Japan's JGC Corporation with France's Technip to carry out the EPIC & commissioning of an integrated facility for natural gas liquefaction at the Yamal Peninsular.The contract was awarded by JSC Yamal LNG, owned by NOVATEK (80%) and TOTAL (20%)…

Arctic LNG Plant Project Gets Green Light

Mar 26, 2013

Yamal LNG, a J/V between Russia’s Novatek and France’s Total, granted permission to build a liquefied natural gas plant in the Russian Arctic.The joint venture, majority-owned by Novatek with an 80 percent stake, received a positive assessment…

Russian Presidential Decree Establishes NSR Administration

Mar 22, 2013

From an office in downtown Moscow, 15 people will regulate traffic along Russia’s Northern Sea Route.A decree signed this week by Prime Minister Dmitry Medvedev marks the formal establishment of the new Northern Sea Route administration. The office…

GSP Offshore Dips a Toe in Barents Sea

Mar 18, 2013

Romania's Grup Servicii Petroliere (GSP) to start drilling in June, admitting it has no experience of drilling operations in the Arctic.Operations are scheduled to start at the beginning of June and will be carried out in Dolginskoye oil field…

DOI Assess 2012 Arctic Drilling

Mar 15, 2013

The Department of the Interior (DOI) issued a press release stating that the assessment of Shell’s 2012 Arctic operations has been completed. The Report found that Shell entered the 2012 drilling season without having finalized key components of the program and did not maintain strong…

China Plan NSR Voyages this Season

Mar 15, 2013

A Chinese shipping firm is planning the country’s first commercial voyage through the Northern Sea Route, summer 2013.By 2020 as much as 15 percent of the country’s international trade can be shipped through the Arctic, reports the Barents Observer…

Logistics News

DP World Pledges $5b Infrastructure Investment in India

DP World Pledges $5b Infrastructure Investment in India

Dry Bulk Vessel Market Softens as Coal Shipments Decline

Dry Bulk Vessel Market Softens as Coal Shipments Decline

NYK and Port of Duqm Collaborate on Development

NYK and Port of Duqm Collaborate on Development

Croatia Inaugurates Rijeka Container Terminal as Regional Hub

Croatia Inaugurates Rijeka Container Terminal as Regional Hub

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