Eni: closing of the sale of 12.5% of Saipem share capital to Fondo Strategico Italiano

The Shareholders Agreement between Eni and FSI has taken full effect San Donato Milanese (Milan), 22 January 2016 – With reference to the sale and purchase agreement between Eni S.p.A. (“Eni”) and Fondo Strategico Italiano S.p.A. (“FSI”), the object of which is the sale, from Eni to FSI, of a stake …

Wärtsilä signs maintenance agreement with Ensco

Wärtsilä signs maintenance agreement with Ensco for sustained cost savings and improved reliability Wärtsilä, the leading global supplier of flexible and efficient power plant solutions and services, has signed a maintenance agreement with Ensco, a global provider of offshore drilling services to the petroleum industry. The agreement, signed in September …

The Barents Sea ice challenge: Loads to learn

There is a sustained high interest for oil and gas exploration in the new unlocked areas of the Barents Sea, as announced in the 23rd licensing round in Norway. In particular southeast Barents Sea areas are so far unexplored, leaving an ocean of opportunities ahead. However, new challenges accompany the …

Criteria for entry into force of BWM Convention not yet reached

Insufficient tonnage to trigger entry into force despite recent ratifications Following the spate of ratifications in November 2015 of the Ballast Water Management (BWM) Convention, IMO and partner IHS Maritime & Trade have been engaged in a process to verify tonnage figures to ascertain whether or not the convention’s final …

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Eni sanctioned the OCTP project in Ghana

February 1, 2015 News No Comments

ENIEni, Vitol and GNPC signed with the President of Ghana and the Minister of Petroleum the agreement to proceed with the OCTP project. The project will provide domestic gas supply to Ghana’s thermal power plants for more than 15 years

The Offshore Cape Three Point (OCTP) project will provide domestic gas supply to Ghana’s thermal power plants for more than 15 years

San Donato Milanese (Milan), 27 January 2015 – Eni, Vitol and Ghana National Petroleum Corporation (GNPC) signed today with the President of the Republic of Ghana, John Dramani Mahama, and the Minister of Petroleum, Emmanuel Armah-Kofi Buah, the agreement to proceed with the OCTP integrated oil & gas project in Ghana. First oil is expected in 2017, first gas in 2018 and the peak production will be 80,000 boed in 2019.

The OCTP integrated project is a deep offshore development located approximately 60 km from the Ghanaian Western Region’s coast. It comprises oil and non-associated gas fields and will access around 41 billion cubic meters (1.45 Tcf) of gas and 500 million barrels of oil in place. … Continue Reading

UK industry leaders and government to discuss reducing carbon emissions

February 1, 2015 News No Comments

gl dnvA major London workshop on Tuesday 04 February will see 150 industry representatives and other stakeholders discuss the output from a year-long government-commissioned study into how the UK’s most heat intensive industries can reduce carbon emissions and improve energy efficiency whilst maintaining competitiveness.

With a keynote address from the Secretary of State for Energy and Climate Change, Ed Davey, and insights from leading industry and technical figures, attendees will have the opportunity to discuss the study’s findings, opportunities and emerging issues during a ‘question time’ style morning session. They will also be able to explore critical areas in more depth during afternoon workshop sessions.

The project is part of a government programme to develop decarbonisation roadmaps with industrial sectors to help meet the UK’s challenging 2050 emission reduction targets. The aim is to support the country’s transition to a low-carbon economy while maintaining a competitive industrial sector.  A full report of the study’s outputs will be published later this year.  … Continue Reading

Cruise lines move to meet new emissions regulations

February 1, 2015 News No Comments

RINACarnival announced plans to significantly increase installations of its industry-first exhaust gas cleaning technology to more than 70 vessels last year to cover over 70% of its entire fleet. Investing as much as US$400 million to design, build and install the systems being used for the first time in the restricted space found on cruise ships.

The system is called ECO Exhaust Gas Cleaning (ECO-EGC) for its ability to remove major pollutants from the exhaust gases at any operating condition of a ship.

Carnival’s system combines two established technologies that have been successfully used in shore applications like power plants, factories and vehicles to scrub the exhaust from high-sulphur fuel. For the first time this combination is being developed to accommodate restricted spaces on existing ships.

Its plan incorporates a two-pronged system ­ one to reduce particulates from the ship’s engine emissions, and another to use seawater to scrub sulphur compounds from the exhaust gases. … Continue Reading

Realistic safety drills are the perfect training for survival in an unexpected emergency

February 1, 2015 News No Comments

Nautical InstituteRealistic safety drills are the perfect training for survival in an unexpected emergency. Done diligently and regularly, they can save lives and help seafarers to survive whatever the unexpected may throw at them.

Nobody really enjoys emergency drills, and for those which are really worthwhile – those which are unexpected and inconvenient – there is probably an element of active dislike. But as the latest issue of the International Maritime Human Element Bulletin Alert! explains, diligent drills which drove the crew half mad ultimately saved their lives when they had to abandon ship in a hurry.

Alert! No 37 focuses on surviving the unexpected, the emergencies which raise their ugly heads in so many different guises, and examines how resources, training and procedures can help people to do the correct things almost instinctively when the chips are down.

Can new technology help in this? Alert! suggests that gaming technology, which has advanced in leaps and bounds in recent years, can help people learn from incidents without actually having to experience them. … Continue Reading

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JFC announces new jobs with Launch of new Marine Division

8 Nov 2015

John Concannon, MD. JFC Manufacturing announces details of new jobs, at the ‘Innovating the future of Marine Navigation Safety’ conference in Galway on Friday 16th October, at the launch of the west of Ireland company’s new division, JFC Marine. The …

The 2015 Irish Maritime Forum

6 Oct 2015

The 2015 Irish Maritime Forum, attended by over 150 delegates, discussed the importance of the Maritime Industry to Ireland’s continued economic growth and how solutions to a number of the world’s great challenges will come from the Sea. The National …

Wärtsilä propulsion solution chosen for new Scottish fishing vessel

12 Jul 2015

A new modern fishing vessel being built by Simek AS in Norway on behalf of the U.K. operator Antares (Whalsay) Fishing Company Ltd, will feature an integrated Wärtsilä propulsion solution including main engine, controllable pitch propeller and gearbox. The Wärtsilä …

Eni announces a new oil and gas discovery in the Western Desert of Egypt

27 Jan 2015

In the last three years, in the Western Desert of Egypt Eni has doubled its oil production through exploration of deep sequences. San Donato Milanese, 22 January 2015 – Eni has announced a new discovery of oil and gas in the …


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