Douglas-Westwood forecast that between 2013 and 2017, $91bn will be spent on floating production systems (FPS) – an increase of 100% over the preceding five-year period. A total of 121 floating production units are forecast to be installed – a 37% increase…
Bureau of Safety and Environmental Enforcement Update on Platform Fire Investigation. The Bureau of Safety and Environmental Enforcement (BSEE) began an investigation early Friday morning into the explosion and fire aboard a production platform…
The Renewable Fuels Association (RFA) & Burlington Northern Santa Fe (BNSF) Railway to co-host a free Ethanol Safety Seminar on Nov. 29, 2012.The seminar will be held at the Fire Service Training Center on the northwest campus of Tarrant County College…
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) has announced that, effective immediately, Allen M. Katz, has joined the company and will serve as Interim Senior Vice President and General Counsel through June 30, 2013. Subject to mutual agreement…
BP Exploration and Production Inc. Agrees to Plead Guilty to Felony Manslaughter, Environmental Crimes and Obstruction of Congress Surrounding Deepwater Horizon Incident; BP Agrees to Pay a Record $4 Billion in Criminal Fines and Penalties Two…
Jeppesen optimization solutions to be used aboard BP's LNG, Product & Crude Oil vessels to increase efficiency, reduce risks & save fuel.The contract will result in the installation of Jeppesen’s Vessel and Voyage Optimization Solution (VVOS)…
Corvus Energy to provide world’s largest ever hybrid propulsion marine battery pack for a Scandline diesel-electric ferry conversion.Corvus will provide Scandline with a 2.7MWh power pack consisting of an AT6500 advanced lithium polymer…
Proserv secure a £1.2-million contract to supply topside control equipment at a major southern North Sea development.The company was awarded the deal on the Cygnus field by operator GDF SUEZ through its design contractor AMEC. As part of the agreement Proserv will supply the design…
Aquatic Engineering & Construction Ltd, an Acteon company, is delighted to announce the appointment of Bill Smart as business development manager, North America.Prior to joining Aquatic, Smart served as the Vice President of Sales and Service for Prime Source Packaging…
Public Hearings Scheduled to provide opportunities for public input. The Bureau of Ocean Energy Management has completed a draft Supplemental Environmental Impact Statement (SEIS), providing updated environmental and socioeconomic analysis…
The Chairman of Drydocks World and Maritime World, Khamis Juma Buamim delivered the key address at the Indonesia Investment Summit. The Summit convened by the Investment Coordinating Board of Indonesia - BKPM - in Jakarta in association with The International Herald Tribune on November 6-7…
Alternative Energy Products Manufacturer Moves Own Facility to Greater EfficiencyImtra, a manufacturer of advanced LED Solutions, has announced the completion of its ‘green’ initiative to reduce energy consumption at its corporate headquarters…
Louisiana Gulf Coast Oil Exposition (LAGCOE), one of the world's pioneer oil and gas expositions, recently announced the creation of the LAGCOE Education Fund, a fund at Community Foundation of Acadiana (CFA), according to Angela Cring, Executive Director of LAGCOE…
Statoil's (OSE:STL, NYSE:STO) third quarter 2012 net operating income was NOK 40.9 billion, a 4% increase compared to NOK 39.3 billion in the third quarter of 2011.'Statoil delivered solid financial results in the quarter. By ramping up new fields…
DNV has developed SUNdy, a large-scale offshore solar field concept that aims to help countries seeking alternative energy sources.The core feature of the concept is a hexagonal array which floats on the sea surface. A collection of these arrays…
