Ship repair yards challenged to keep ship owners’ investment costs lowMay 11, 2012International environmental regulations for the shipping industry are being tightened and demand a reduction of the emissions of sulphur and nitrous
H2O Inc.'s Crapzapper division to provide affordable aftermarket partsMay 11, 2012H2O Inc.’s Crapzapper™ division has expanded its offerings to provide aftermarket parts for electrolytic type sewage treatment systems, announced
New HPFAC tool from DrawworksMay 11, 2012A new High Pressure Fill-up and Circulation (HPFAC) tool from Drawworks, L.P. allows operators to fill-up, circulate and take flow-back while casing is
Bremen Fire-brigade and Police take delivery of Damen Fire Fighting VesselMay 10, 2012Damen Shipyards has recently delivered the ‘Bremen 1’ to the City of Bremen (Germany) to replace its 1975-built predecessor. Both the local police force
Fairstar Heavy Transport awarded $ 9.6 million float-over contract by SaipemMay 10, 2012Fairstar Heavy Transport N.V. (FAIR) has been awarded a contract by Saipem S.p.A. to provide float-over and installation services to Saipem for the
Drilling on Albert prospect has startedMay 10, 2012Norwegian Energy Company ASA (Noreco) report that drilling of exploration well 6201/11-3 in PL519 has started. The well will target the Albert prospect, which is
Forum Energy provide trading statementMay 10, 2012Forum Energy Plc notes the announcement made by Philex Petroleum Corporation to the Philippines Stock Exchange in relation to its financial
ITIC says ship managers must beware increase in claims by ownersMay 10, 2012International Transport Intermediaries Club (ITIC) says it has seen a noticeable increase in claims against ship managers by shipowners who are going
Mediterranean O&G granted exploration extension in ItalyMay 10, 2012Mediterranean Oil & Gas reported that the Italian Ministry for Economic Development has granted a three year extension until May 5, 2015 to the
Faroe commences Norwegian Sea Cooper exploration wellMay 10, 2012Faroe Petroleum report that drilling has commenced on the Cooper prospect in the Norwegian Sea (Faroe 30%). The exploration well will target the Cooper prospect
Environmental Drilling to receive investment backing from Element Partners and CSL CapitalMay 10, 2012Environmental Drilling Solutions, LLC, (EDS) has received a growth equity investment from Element Partners and CSL Capital Management, announced
Sound Oil applies for the San Lorenzo production concessionMay 9, 2012Sound Oil has formally applied to the Italian authorities for the San Lorenzo Production Concession, with the target to develop and produce the Casa
Xcite reports total depth at 9/3b-7 well on the Bentley fieldMay 9, 2012Xcite Energy reports that drilling of the 9/3b-7 well on the Bentley field is progressing satisfactorily, having reached a total depth of 6,684 feet.
Technology Centre Mongstad openedMay 9, 2012Prime Minister Jens Stoltenberg and Minister of Petroleum and Energy Ola Borten Moe today attended the opening of the Technology Centre Mongstad (TCM).
Oil and gas survey shows 2012 optimism despite lingering impact of 2011 BudgetMay 9, 2012The legacy of the Chancellor’s 2011 Budget lingers on in the oil and gas sector – despite increased optimism in the industry following the 2012 budget
Well Intervention Specialists set to gather in Norway for annual ICOTA seminarMay 9, 2012Leading oil and gas industry body, the Intervention & Coiled Tubing Association (ICoTA) European Chapter is set to host industry experts at a one-day
EIC Connect Oil & Gas International Supply Chain Event & Conference 2012May 9, 2012Many of the world’s leading oil & gas operators and contractors will be converging on Manchester this November for what is expected to be the biggest
Kvaerner invests in Stord facilitiesMay 9, 2012Kvaerner is preparing for a significant growth in its home market and invests approximately NOK 250 million in upgrades of its facilities at Stord.
InterDam introduces fire wall system of the futureMay 9, 2012InterDam – the supplier of blast- and fire-resistant doors and walls – introduces an innovative new application for firewalls.
Knutsen Maskin brings new snorkel lifts to NorwayMay 9, 2012Vei og Anlegg 2012 will be the European debuts for two Snorkel aerial work platforms, shown by the company’s official distributor for Norway.
Knowledge sector and industry join forces in new HME coursesMay 9, 2012Noise and vibration attenuation is an increasingly important subject in international shipping and the shipbuilding industry. This June the maritime industry
Statoil reports 2012 first quarter resultsMay 9, 2012Statoil's first quarter 2012 net operating income was NOK 57.9 billion, a 14% increase compared to NOK 50.8 billion in the first quarter of 2011.
Aker Solutions celebrates opening of carbon capture plant at MongstadMay 8, 2012Aker Solutions celebrates the official opening of the carbon capture plant at CO2 Technology Centre Mongstad, which forms a basis for further
DNV enters into a strategic partnership with Norwegian Storm Geo GroupMay 8, 2012DNV has, as part of a strategic partnership with StormGeo, acquired the right to purchase 22,6 % of StormGeo’s shares through a mutually convertible