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Total Starts up CLOV in Angola's Block 17
French oil major Total said it had started production on Thursday on the CLOV development on offshore block 17 which it operates in Angola. CLOV is the fourth floating production storage and offloading (FPSO) unit on block 17 and will contribute to bringing the block's production to 700…
Drydocks World Completes DolWin Beta
Drydocks World, a international service provider to the shipping, maritime, offshore, oil, gas and energy sectors has announced the successful completion of the pioneering HVDC converter platform DolWin beta. The platform, the world’s largest in terms of capacity…
Ghana Allows Tullow to Increase Gas Flaring at Jubilee
Ghana has given Tullow Oil permission to increase the amount of gas it flares from the offshore Jubilee field, a spokesman said on Monday, a decision that will help the company meet its 2014 production target. The British company can increase…
Norwegian MP's Settle Statoil Electrification Dispute
The electrification of Norwegian oil platforms in an area of the North Sea with power from the shore must be completed by 2022, the country's parliament said on Wednesday, settling a dispute that had threatened a $20 billion Statoil project.
Petrobras' New Record at Cascade & Chinook
Petrobras reported that on March 04th, 2014, production at Cascade and Chinook fields hit 40,000 barrels per day (bpd), a new output record for these oilfields. Cascade has 3 wells in operation and Chinook 2 wells. The record levels were achieved by bringing on stream two new wells…
Electrification of Utsira High to Happen by 2022
The Norwegian parliament's energy committee has agreed the electrification of oil platforms on the Utsira High in the North Sea with power from land must be completed by 2022, Norwegian lawmakers said on Wednesday. The decision means that the $20 billion development of the Johan Sverdrup oilfield…
Global Ocean Trade: Latest Shipbuilding Orders
Shipbuilding orders for drybulk carriers, tankships, containerships and a RoRo were placed in the past week according to 'Clarkson Hellas S&P Weekly Bulletin'. Dry bulk carriers Cara Shipping, the shipping arm of Chinese domestic company Rizhao Steel…
Pon Power Supplies Engines, Gensets for ALP, Ulstein
Pon Power Scandinavia, a supplier of marine power and propulsion systems, announced that the company has been contracted by ALP Maritime Services and Ulstein Design & Solutions to provide engines and gensets to four oceangoing AHTS. Designed to tow large structures over long distances…
Marathon Quits Norway in $2.1 bln Deal
Marathon fails to sell smaller UK business; deal worth $2.7 bln including debt. Det norske shares rise as much as 9 pct. Marathon Oil Corp is to sell its Norwegian business for $2.1 billion to oil exploration group Det norske, part of plans…
Atlantic Offshore Rescue Secures Long Term Charter
Aberdeen-based standby vessel operator Atlantic Offshore Rescue has secured a five-year charter with five, one year options to extend with Shell UK to support operations in the Gannet, Annasuria and the Dana Petroleum Triton Asset in the central North Sea.
Norway PM: Politics Will Not Delay Statoil's Sverdrup Field
The startup of Norway's $20 billion Johan Sverdrup oil field, the country's largest industrial project in decades, will not be delayed by a political dispute over its source of power, Prime Minister Erna Solberg said on Wednesday. Opposition parties…
Shelf Drilling Sings 5-Yr Contract For 2 Newbuild Jackups
Shelf Drilling, Ltd. today announces that one of its subsidiaries has been awarded contracts for two newbuild jackup rigs by Chevron Thailand, a subsidiary of Chevron Corporation (NYSE : CVX). The two drilling contracts are for a five-year term…
Fire Shuts Two Petrochina and Pertamina Oil Wells in Indonesia
A fire that broke out during routine maintenance of several oil wells operated by Petrochina and Pertamina in East Java, Indonesia, on Tuesday has shut down 4,000 barrels per day of crude production, the country's oil and gas regulator (SKKMigas) said.
Agenda For DNV-GL Regional Offshore Committee Meet
His Excellency Khamis Juma Buamim, Chairman of Drydocks World and Maritime World and chairperson of the DNV GL Offshore Technical Committee outlined the key focus areas for the Regional Committee meeting that will be held in Dubai on October 23, 2014.
Bunker Suppliers Aegean Continue Upswing in Q1 2014
Greece's Aegean Marine Petroleum Network Inc. has announced its financial and operating results for the first quarter ended March 31st, 2014. First Quarter Highlights Sales volumes of 2,705,823 metric tons. Gross profit of $82.9 million. Operating income of $15.2 million.
ExxonMobil Increases Liquids-rich Wolfcamp Acreage in Permian Basin
Exxon Mobil Corporation today announced that it has executed an agreement to add nearly 26,000 acres to its U.S. oil and natural gas portfolio managed by subsidiary XTO Energy Inc., through a non-monetary exchange with LINN Energy, LLC. Virtually…
Vessel Optimization Data
A vessel optimization application offering combined tidal and non-tidal (ocean) current data was launched for integrated vessel speed and route optimization. Developed by Tidetech, the application offers resolution of six nautical miles at 60-minute intervals in a six-day forecast.
Documentary 'Window in the Waves'- Next Showing 5/21
'Window in the Waves', featuring Coral Reef in Gulf of Mexico will go on the air in May and June next. It is the story of the Flower Garden Banks, a documentary by Director of Photography Todd Richard of Synergy Productions in association with Louisiana Public Broadcasting.
ALP Tugs Get Rolls-Royce Deck Equipment
Rolls-Royce won a $31.9m contract to deliver deck machinery for four ocean going tugs, designed by Ulstein Design & Solutions, for Dutch company ALP Maritime Services. The vessels will be constructed in Japan by Niigata Shipbuilding & Repair.
Norway: Mandatory Oil Platform Onshore Electricity?
Norway's parliament will try to force oil rigs in a large area of the North Sea to use electricity delivered from onshore, an environmentally friendly move but one that could push up costs and delay projects. A majority of parliamentary parties…
Statoil Likely to Pick Floating Facility for Big Arctic Field
Statoil is more likely to develop the $15.5 billion Johan Castberg field in the Arctic using a floating production storage and offloading (FPSO) installation than via an oil terminal on land, a senior company executive said on Thursday. Last…