Norway Postpones Decision on Arctic Oil Terminal
The Norwegian government has postponed a decision on whether to mandate the construction of an oil processing terminal near the Arctic tip of northern Europe until the third quarter of next year, it said on Friday.If built, the onshore Veidnes terminal would receive crude via a pipeline from Equinor's offshore Johan Castberg oilfield, which is expected to start producing in late 2022.Equinor originally ditched plans for an onshore terminal in order to save costs, preferring instead to load oil on to crude tankers at the field before exporting it to global markets.Parliament earlier this year u
BREAKING: Tanker, Frigate Collision Shuts Down Norwegian Oil, Gas to Europe
Norway has been forced to close the Sture Oil Terminal near Bergen and has started closing down the nearby Kollsness gas-and-condensate terminal — a lifeline of heating gas to Europe — after an early morning collision between a $440-million frigate and an oil tanker.The frigate Helge Ingstad, now listing heavily to its port side, is loaded with torpedoes and weapons systems said to be unstable as a result of the collision. Eight navy personnel are said to be injured, including two flown to regional hospital…
Vard Selected to Build Autonomous Ship Yara Birkeland
Norwegian shipbuilder VARD has secured a contract worth approximately NOK 250 million ($29.5 million) to build the world’s first autonomous and electric container vessel, Yara Birkeland. VARD will deliver the groundbreaking ship for launch in early 2020, and the vessel will gradually move from manned operation to remote-controlled voyages and then fully autonomous sailing by 2022.Yara Birkeland is the result of a partnership between Norwegian chemicals company YARA and technology firm KONGSBERG…
Norwegian Flag Raised to 10-year High
There were 600 ships registered in the Norwegian International Ship Register (NIS) by the end of January, making the highest number of ships in the register since 2008. The ship register had been characterized by decline until 2015; there were 522 ships in the NIS in 2014. In order to reverse the negative trend, the Norwegian government presented several measures as tpart of its maritime strategy that, among other things, relaxed the trade area restrictions for NIS-registered ships and strengthened the grant scheme for the employment of Norwegian seafarers.
Can You Farm Fish Inside a Cargo Ship?
The world’s biggest Atlantic salmon producer wants to start farming fish inside a ship – and the idea has merit, says a report in IOL. Building traditional fish farms on the open water in Norway has become almost impossible because of state rules intended to curb outbreaks of sea lice, a parasite that can kill young fish. So raising salmon inside an unwanted cargo ship is one of a few options proposed by Marine Harvest ASA, which is trying to boost production at a time when prices are near a record high.
Norwegian Officials Meet with HHI Leadership
Norway’s Prime Minister Erna Solberg, along with Jan Grevstad, Norwegian Ambassador to the Republic of Korea, and other Norwegian government officials, visited Hyundai Heavy Industries (HHI) to meet with Choi Kil-seon, chairman and CEO of HHI, and Kwon Oh-gap, president and CEO of HHI. During the meeting held at the HHI headquarters in Ulsan, South Korea, the prime minister showed particular interests in HHI that has been developing long-term business partnerships with the Norwegian companies and government in the areas of offshore exploration and production…
Gassco Examines Feasibility of CO2 Shipping
Gassco has commissioned Knutsen OAS Shipping and Larvik Shipping to study transport of CO2 by ship in connection with the Norwegian government’s full-scale project for managing this greenhouse gas. In cooperation with Gassnova, Gassco has earlier studied CO2 handling chains. “The transport study will help to ensure that the government’s ambition of realising at least one full-scale CO2 facility by 2020 can be met,” says Gassco CEO Frode Leversund. The CO2 chain is being addressed by industrial players.
Statoil Welcomes Paris Agreement
On 12 December the world’s leaders agreed on an ambitious plan to address climate change. Statoil welcomes the agreement and is well positioned to play our part in the transition to a low carbon future. “Statoil has called for an effective international climate agreement. We appreciate the huge effort the French leadership, the Norwegian government and all the countries involved, have put in to land this agreement”, says Bjørn Otto Sverdrup, senior vice president of Corporate Sustainability in Statoil.
What’s Next for Shipping?
Close to 1,000 maritime exhibitors showed off the breadth and diversity of the shipping industry at this week’s Nor-Shipping, the bi-annual event that opened in Oslo on 1 June. About 35,000 delegates from 70 countries are expected to attend more than 100 events during the weeklong event that celebrates its 50th anniversary this year. The speakers said that innovation and investment are key to boosting the maritime industry to new levels. A mix of geopolitics, regulatory pressure, innovation and business issues were discussed at the NorShipping.
Expanded World Maritime University Campus Inaugurated
Expanded premises for the World Maritime University (WMU) were inaugurated on Monday, May 19, 2015 in Malmö, Sweden, by IMO Secretary-General and WMU Chancellor Koji Sekimizu. WMU is an international educational institute for the maritime community, operating under the auspices of IMO. At close to 6,000m2, WMU’s new facility is nearly double the size of the previous Malmö campus. It provides a new auditorium, multiple research laboratories, seminar rooms and video-conferencing capabilities for hosting international conferences.
Samskip Puts Multimodal Transport on the Norwegian Agenda
Samskip Multimodal presenting a ship model to the Norwegian Minister of Transport, Ketil Solvik-Olsen, last week, signalling its commitment to shortsea in specific and multimodal services, the company said. Samskip joined the Port of Oslo and the Norwegian Port Association to present the model on behalf of the shipping industry, to highlight shortsea’s contribution to policy aims, given its absence from the Government’s 2015 agenda. With new sulphur emission regulations effective from January 2015 and the Norwegian Government committed to reduce greenhouse gas emissions…
Prime Minister Solberg Visits DNV GL
Norway’s Prime Minister Erna Solberg visited DNV GL Høvik yesterday, September 16. Group President & CEO Henrik Madsen was host. “The Prime Minister was both enthusiastic and interested in DNV GL’s views on climate-friendly technologies in the industries we serve. We hope that our input on technological opportunities will be useful in the Norwegian government's work aimed at promoting a greener economy,” said Henrik Madsen when the hour long visit was over. As well as the Prime Minister herself, Norway’s Minister of Climate and Environment, Tine Sundoft, participated in the meeting.
Riding the Wave
Harvey Gulf International Marine leads the charge to recapitalize offshore support assets. Where will it lead next? In the midst of a red hot offshore boom, one that arguably has its epicenter squarely in the middle of the Gulf of Mexico, everyone seems to be busy: shipbuilders, operators, OEM vendors – everyone. Scores of new offshore assets are on the way. As it unfolds, three U.S.-based offshore support providers are pouring hundreds of millions of dollars into fleet and infrastructure renewals.
Arctic Oil & Gas - "Alaska 1, Norway 0"
E&P costs have been increasing by 11% per annum for the last five years, according to Barclays Capital, and nowhere are they increasing faster than in remote and harsh offshore environments like Alaska’s OCS or Norway’s north Barents Sea. The governments of Alaska and Norway have taken diametrically opposite courses. Alaska decreased its marginal tax on oil production from 85% to 35%, and BP promptly moved to add two new rigs to its Prudhoe Bay operations. By contrast, the Norwegian government has raised taxes on its oil industry…
From Norway to Brazil (and Back)
Norway’s involvement with this South American energy powerhouse predates the current oil boom. Today’s commerce model flows in both directions in ever increasing frequency and volumes. Make no mistake about it: Brazil is important to Norway. So important that the Norwegian government’s strategy for developing additional business here includes broad reaching initiatives such as Innovation Norway (IN), providing advisory and networking services for Norwegian companies in Rio de Janeiro…
Russian Companies Get Norwegian Arctic Offshore Licenses
Both Rosneft and Lukoil have secured license rights to blocks issued by the Norwegian government in Arctic waters. The massive opening of the Barents Sea for the oil industry includes invitations to Russia’s two powerful Russian petroleum companies, the first ever Russian companies on the Norwegian shelf, reports the 'Barents Observer'. Citing an announcement made by Minister of Petroleum and Energy Ola Borten Boe, Barents Observer says that Rosneft and its Norwegian subsidiary RN Nordic gets 20 percent of one license in the Barents Sea.
Statoil Delays Norwegian Barents Sea Project
On account of applicable Norwegian Government tax changes Statoil as operator has recommended a delay of the investment decision for the Johan Castberg project in the Norwegian Barents Sea. Statoil has continued to mature the resource base and development plans for the project. There are still uncertainties related to the resource estimate and investment level. "In addition, the Norwegian government has recently proposed reduced uplift in the petroleum tax system, which reduces the attractiveness of future projects…
Newbuild Jack-up Rig Charter Exended
Maersk Drilling receives two-year term extension for newbuild jack-up rig 'XL Enhanced 2'. Det Norske Oljeselskap ASA (Det norske) has on behalf of the partners in the Ivar Aasen project, exercised its contractual right to extend the contract for the newbuild ultra harsh environment jack-up, XL Enhanced 2, by two years. Consequently, the duration of the firm contract is now five years. The estimated value of the two-year contract extension is approximately USD 280 million, bringing the total estimated contract value to approximately USD 700 million.
Rolls-Royce LNG Engine Conversion for Bergen Tankers
Rolls-Royce has won a contract to convert the tankship 'Bergen Viking' to run on engines powered by natural gas, replacing the current diesel engines. Rolls-Royce Plc has won a contract to convert the merchant ship Bergen Viking to run on engines powered by natural gas, replacing the current diesel engines. The Norwegian ship owner Bergen Tankers AS has chosen gas engines and accompanying systems from Rolls-Royce for this upgrade, to provide a more environmental friendly and fuel efficient ship.
Statoil: In Amenas situation update
Algerian authorities carried out a military operation today against the hostage takers at the In Amenas plant. Statoil confirmed yesterday that five of its 17 employees were safe. Today an additional three Algerian employees are also confirmed to be safe. Five of the 17 Statoil employees involved in the hostage situation at the In Amenas gas facility have been safe since yesterday. They are now on their way to Norway. In addition, Statoil and BP have decided to bring non-critical personnel from our two other plants in Algeria – In Salah and Hassi Mouina – out of the area and home again.
DNV Authorized to Survey Japanese-flagged Vessels
Classification society DNV has been designated as a 'Recognized Organization' by the Japanese government. A year ago Nippon Kaiji Kyokai (ClassNK) was similarly designated as a 'Recognised Organisation' by the Norwegian government and was granted delegated responsibility for statutory surveys and permission to issue statutory certificates. The agreement authorized ClassNK to examine compliance to various treaties of Norwegian-flagged vessels and issue certificates for ships registered under its flag. The ceremony was held at the Japanese Ministry of Land, Infrastructure, Transport and Tourism.
Wrecked Russian Cruiser 'Drydocked'
An excavation pier around the Russian warship Murmansk that took three years to build has now been sealed, and within weeks the contractor will start the final phase of demolishing the old battleship, reports the 'Barents Observer'. On Christmas Eve 1994 the 1955-built cruiser “Murmansk” was being towed from its home port towards India for scrapping. Off the coast of Finnmark the towline of the decommissioned Russian cruiser broke and it ran ashore near the small Norwegian town of Sørvær. In 2009 the Norwegian Government decided to remove the wreck.
World's First LNG Fueled Product Tanker
The Bit Viking is reportedly the world's first vessel in service whose main machinery has been converted to burn LNG as fuel. She is also the largest commercial vessel which is not an LNG tanker, to use LNG as fuel. After the conversion which was undertaken under the supervision of classification society Germanischer Lloyd (GL), the 25,000 dwt product tanker successfully completed sea trials. Owned by Sweden's Tarbit Shipping, "Bit Viking" now qualifies for lower nitrogen oxide (NOx) emission taxes under the Norwegian government's NOx fund scheme…
Major Oil Discovery In The Barents Sea
Statoil, along with partners Eni Norway and Petoro, has made a significant oil discovery on the Skrugard prospect in the Barents Sea. The breakthrough discovery is one of the most important finds on the Norwegian continental shelf in the last decade. Statoil and its partners are in the process of concluding drilling operations on the Skrugard prospect, which is located approximately 100 kilometres north of the Snøhvit gas field in the Barents Sea. The well was drilled with the Polar Pioneer rig, and has proven gas column of 33 metres and an oil column of 90 metres.
New Report on Norwegian Energy Policy
Norway is pursuing ambitious, forward-thinking energy policies, but could go further in its efforts to become a low-carbon economy, the International Energy Agency (IEA) has concluded in a review published today. Energy Policies of IEA Countries - Norway 2011 Review says that it will be challenging for Norway to meet its 2020 target of reducing greenhouse gas emissions by 30% compared with 1990 levels, because both the country’s electricity supply and its energy use in buildings are already essentially carbon-free due to hydropower use.
EPE SA Wins Lebanese Contract, Oil Spill Cleanup
After several successful environmental projects in Lebanon, Environmental Protection Engineering S.A. (EPE SA ) recently won an international bid for offers and has been awarded a contract from the Higher Relief Commission of Lebanon (HRC) to provide oil spill cleanup services for the Lebanese coastline. The signature of the contract was held under the auspices of his Excellency Mohammad Rahal, Minister of Environment of Lebanon. Dr.Vassilios Mamaloukas-Frangoulis, Director of Marine Environment Protection Dept.