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Offshore O&G: Cuts, Delays in Norway as Costs Soar

Home: http://www.npd.no/en/Publications/Facts/Facts-2012/Preface1/

More oil and gas projects in Norway could be put on hold because of rising costs, adding to a growing list of developments that have been delayed or called off, Bente Nyland, the head of the Norwegian Petroleum Directorate said on Thursday.

War of Words Drive Crude Higher

Photo: the Presidential Press and Information Office. (http://eng.kremlin.ru/photo)

Putin warns of 'consequences' of Ukrainian army actions Brent crude futures rose by more than a dollar a barrel on Thursday as mutual accusations of aggression by Ukraine and Russia raised concerns over future oil supplies, while strong U.

Mammoet Uses World’s Biggest Crawler Crane to Install Legs on Ship

Mammoet’s LR 13000 installs platform leg on Aeolus (Photo: Mammoet)

Mammoet, a global company in engineered heavy lifting and transport, said it is currently employing its LR13000, the biggest crawler crane in the world, to install four platform legs on Van Oord’s newest wind turbine installation vessel, the Aeolus.

Shipbuilding

Reps. Byrne and Palazzo Visit Ingalls Shipbuilding

Rep. Bradley Byrne (second from left) toured Ingalls Shipbuilding and the amphibious transport dock John P. Murtha (LPD 26). Pictured with Byrne are (left to right) LPD 26 Ship Construction Manager Hank Corcoran, LPD Program Director Mike Duthu and Ingalls Shipbuilding President Brian Cuccias. Rep. Steven Palazzo also participated in the tour but is not pictured. Photo by Andrew Young/HII

Reps. Bradley Byrne, R-Ala., and Steven Palazzo, R-Miss., visited Huntington Ingalls Industries'

Damen Opens JV Yard in Vietnam

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On March 20, 2014, Vietnamese Minister of Transport Nguyen Hong Truong, cut the ribbon for the

HHI to Deploy 3DEXPERIENCE Design Platform

Hyundai Heavy Industries Selects Marine & Offshore Industry Solution Experiences for Design and Engineering of Offshore Structures Dassault Systèmes, the 3DEXPERIENCE Company

Contracts

Liquid Robotics, NOAA Sign Forecasting Agreement

Photo courtesy Liquid Robotics

Liquid Robotics and the National Oceanic and Atmospheric Administration (NOAA) announced the

OSI to Integrate Software for UK Royal Navy

U.K. Royal Navy photo

OSI Maritime Systems (OSI) announced the signing of a contract to integrate its flagship software

Prysmian Contracted for Ireland Underwater Power Link

Prysmian Group, a company in the energy and telecom cable systems industry, has been awarded a new contract worth in total approximately €40 million by ESB (Ireland)

Technology

Europe’s Largest Tsunami Simulator Under Construction

Holiday residences in Thailand damaged by the Indian Ocean Tsunami 2004 (Image courtesy of Tiziana Rossetto)

UCL and HR Wallingford, the specialist hydraulic research and consultancy, are collaborating to

Rolls-Royce Wins Heyerdahl Award

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Rolls-Royce has been awarded the maritime Heyerdahl Award 2014. The award was presented by His

MacArtney Swivel Solution for Scotrenewables Tidal Turbine

Photo: MacArtney

MacArtney has been selected to supply a custom designed Moog Focal swivel solution for a next

Legal

Italian Pleads Guilty to Marine-hose Price-fixing in US

Photo courtesy Dunlop Marine and Oil

A former executive of Parker ITR Srl pleaded guilty on Thursday to conspiring to rig bids for

Judicial Proceedings Halted Against AdvanFort Charges

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Prosecution for the charges of trespassing and firearms possession against AdvanFort stopped until

Court: Japan's Mitsui Paid to Release Ship

A MOL Handymax bulker, Zebra Wind. Photo: MOL.com

China Supreme Court says Mitsui pays about $29 mln; Ship released about 0030 GMT Thursday.

People & Company News

Diamond Offshore Shares on the Rise

Photo courtesy Diamond Offshore

Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors

SCAA Supports International Oil Spill Conference

As the Voice of Spill Response Professionals, the Spill Control Association of America (SCAA) is supporting and assisting with the planning and coordination of IOSC 2014 on May

Meridian Adds Two Saab Seaeye ROVs

Falcon on environmental monitoring mission

Meridian Ocean Services has added two Saab Seaeye Lynx ROVs to its Falcon fleet to undertake a