• 2007 March 15 11:35

    Aker Kvaerner establishes alliance with IBM in Norway

    Aker Kvaerner and IBM have established an alliance for Condition Based Maintenance of oil and gas plants in Norway. Condition based maintenance reduces plant downtime for ongoing maintenance to the minimum by means of a heightened monitoring system.
    The agreement integrates Aker Kvaerner's competence in engineering, planning and maintenance with IBM's expertise in data acquisition, integration and analysis. The initial focus will be on installations in the North Sea and onshore in Norway, with long term plans to expand internationally.
    Aker Kvaerner is a leading provider of operation and maintenance services in the North Sea, and has established a unique competence through long term contracts with the operating companies at the Norwegian Continental Shelf. The company is an established provider of operation and maintenance services in Norway, Great Britain, Canada and USA.
    As the global technology partner in the development of integrated operations, IBM offers the market's largest selection of innovative technology, products and expertise for the oil and gas industry.
    With the establishment of the IBM Oil & Gas Centre of Excellence in Stavanger, the parties have defined a joint business opportunity within Condition Based Maintenance.
    Collecting process data and condition data, information flow between the plant and the centre onshore, data analysis, condition reports and establishment of effective maintenance programs and routines are included in the offering.
    Integrated Operations are key to the future for the integrated operation of oil and gas fields, increasing daily production and extending the life of oil existing fields. A recent report by the The Norwegian Oil Industry's Association (OLF) states that it is possible to extract increased revenues of NOK 250 billion using Integrated Operations. One of the areas where improvements and benefits can be gained, the OLF contends, is through improving the efficiency of the maintenance process.
    Most maintenance in the industry requires a time-consuming and expensive total shut-down of equipment. Condition Based Maintenance (CBM) reduces the downtime through more efficient condition monitoring. Inspection and exchange of data in real time communicated through open integrated systems and solutions in real time provides increased operating time, reduced maintenance costs; improved exploitation of resources and better maintenance of equipment.
    Warnings of potential equipment problems are provided in advance, reducing safety hazards at both on- and offshore plants. The alliance will also investigate ways of reducing costs associated with both planned and unforeseen maintenance work.
    "To Aker Kvaerner the partnership with IBM is very exciting. Aker Kvaerner carries out work for all the operators on the Norwegian Continental Shelf and for many of the oil and gas companies globally. This co-operation implies outstanding business opportunities not only in our home market in the North Sea but also internationally. We are connecting two strong companies, each with an extremely wide background experience and thus enable a united competence which totally will give our partners a considerably added value," says Mr. Tore Sjursen, President of Aker Kvaerner Offshore Partner.
    "This is a very exciting opportunity for us," says Morten Thorkildsen, Country General Manager of IBM Norway. "IBM's global expertise in research and development and technological know-how enables us to help solve the challenges of existing and future oil fields.  Our collaborative partnerships -- with clients, business partners, academia, and other key constituencies -- enable us to accelerate the development and adoption of innovative technologies and business strategies.  And that is exactly what we are seeking to do with Aker Kvaerner --  develop innovative solutions in cooperation with the best companies in the industry and which may be exported to other oil producing markets," says Morten Thorkildsen.
    The IBM Oil & Gas Center of Excellence located in Stavanger is one of five IBM facilities focused on the global oil and gas industry that have opened in the past two years.  Other IBM facilities include: IBM Oil Sands Centre of Excellence in Calgary, Canada; the Energy Competency Center (ECC), Abu Dhabi; the Energy Competency Center (ECC) Beijing, and the Energy Competency Center (ECC) Moscow.

2024 November 13

18:00 COSCO Shipping Energy orders 6 new VLCCs
17:12 ABS, CCS and DNV approve COSCO's 50,000 cubic metre dual-fuel ammonia tanker design
16:47 Odfjell to use digital twins for weather routing on chemical tankers
14:51 Establishing an emission control area for ships in the North Atlantic Ocean could prevent several thousand premature deaths through 2050 - ICCT
14:11 Erma First Group acquires Ecochlor to lead the global BWTS market
13:53 Höegh Autoliners and Fortescue call for faster adoption of clean ammonia marine fuel at COP29
13:24 INEOS and Royal Wagenborg sign multi-year contract for CO2 carrier
12:22 Bureau Veritas acquires technical advisory company Versatec Energy
11:47 Wuchang Shipbuilding launches the large navigation ship of the South China Sea Navigation Support Center
11:24 GTT receives an order from China Merchant Heavy Industry-Jiangsu for the tank design of a new LNG сarrier
10:52 Thecla Bodewes Shipyards successfully launches 5,050dwt vessel 'Iana’ for Transtal Shipping
10:00 ACCIONA to build a new breakwater to shelter floating port terminal in Ravenna
09:21 Bureau Veritas embarks with Selar to certify its pioneering wind and solar powered polar expedition vessel

2024 November 12

18:06 Iraq shortlists 11 firms for Grand Faw port operation, decision in January 2025
17:42 ZeroNorth and Vitol launch digital bunker trial in port of Rotterdam
17:24 LR MDH joins call to accelerate adoption of zero-emission fuels by 2030
16:41 Port of Rotterdam Authority sets tariffs for the next three years
16:25 Vitol Terminal Latvia introduces new aniline transshipment service
15:45 UECC and Daphne Technology join forces to drive advanced emissions monitoring on UECC’s latest vehicle carrier
15:18 Seatrium inks LoI for a Heavy Lift Vessel for Japan’s wind market
14:55 Silverstream and Yiu Lian Dockyards (Shekou) sign MoU to drive Silverstream® System installations
14:13 AD Ports Group delivers record revenue of AED 4.66 bln and total net profit of AED 445 mln in Q3 2024
13:44 BAR Technologies signs an agreement with WindWaves to manufacture new 20 and 24 metre WindWings
12:31 Sanmar delivers powerful escort tug to P&O Maritime Logistics
11:40 e1 Marine and STAX Engineering partner on innovative barge-based emission capture and control project
11:00 New Yangzi Shipbuilding delivers SEASPAN's 12th dual-fuel medium-sized container ship
10:31 Van Oord completes major dredging project in Egypt
10:03 Zhenhua Heavy Industries launched the world's largest piling vessel for CCCC Second Harbor Engineering Bureau
09:49 Telemar announces agreement to install and maintain Sealution’s shipboard data collection technology

2024 November 11

18:00 ADNOC Gas to buy 60% in Ruwais LNG plant
17:18 Strategic Marine signs contract with Mainprize Offshore for six new Supa Swath vessels, with options for six more
17:01 Hanwha Ocean wins 713.5 bln-won deal to build two LNG carriers for Maran Gas Maritime
16:35 One missing after MSDF vessel sinks due to fire off Fukuoka
16:05 Northern European ports in collaboration receive EU funding for onshore power for container ships
15:32 Maersk Tankers to deploy suction sail technology at scale to reduce CO2 emissions
15:12 CMA CGM's revenue up 38.5% to USD 15.8 bln in Q3 2024
14:45 DP World Australia announces acquisition of Silk Logistics
13:24 SAFEEN Group achieves Guinness World Record for most powerful electric tugboat
12:53 Höegh Evi to partner with SEMOP Port-La Nouvelle to develop strategic infrastructure for hydrogen import to France and Europe
12:08 ICTSI's Adriatic Gate Container Terminal hit 2 more milestones
11:24 Daito Corporation to build an electric tugboat
10:43 Hudong Zhonghua completes sea trial of LNG carrier built for Qatar Energy
10:20 CSSC Engine delivers China's first domestically produced methanol dual-fuel main engine
09:47 Hapag-Lloyd acquires German ship management company Hamburger Lloyd

2024 November 10

15:03 Keel laying ceremony marks the birth date of new ships for Scilly
13:44 Singapore is strengthening its position as a global hub for supply chain management (SCM)
12:13 ACP: Panama Canal could double the number of containers transiting
11:38 INOX India Ltd announces Q2FY25 Results
10:09 Chittagong port sees 13% fall in export container handling

2024 November 9

13:41 Montreal port employers threaten shutdown over labour dispute
12:49 China Merchants signs letter of intent with Brazilian port authority Portos do Parana
11:08 ZIM integrates Hoopo’s solar tracking solutions
09:52 Mexican terminal TMAZ welcomes arrival of MSC vessel

2024 November 8

18:00 Greece, Turkey to keep talking on maritime boundaries agenda
17:35 Montreal Port urges Trudeau government to end strike
17:24 Yangzijiang Shipbuilding receives 98 new orders this year
16:57 Utilizing Milbros UV Graphs improves chemical tank cleaning safety and turnaround
16:25 Transnet National Ports Authority pilots usage of cleaner fuels on its tugboat fleet
15:34 Wallenius Wilhelmsen exercise options for two additional 11,700 CEU Shaper vessels
15:02 IMO heads to COP 29 to promote net-zero framework for shipping
14:45 Fincantieri, VARD and Sandock Austral Shipyards form alliance around the Afrika Offshore Patrol Vessel
14:25 KOTUG’s SD Waalo begins maiden voyage under bp charter for LNG operations
12:43 QatarEnergy inaugurates four LNG vessels, the first from Korean shipyards
12:24 Fincantieri finalizes order with Crystal for a new high-end cruise ship
10:09 Friday Shipbrokers fix chartering project with Boskalis to transport car carrier to China for repair
09:20 ExxonMobil successfully supplies Hapag-Lloyd with B25 bio marine fuel blend in Antwerp

2024 November 7

18:00 Innovation Norway and Team Norway sign two agreements aimed at advancing sustainable maritime solutions
17:54 MABUX: Bunker price trends in the world's four largest hubs, Nov 4 - Nov 8, 2024
17:36 Konecranes expands emissions reduction ambition by committing to setting long-term, science-based net-zero targets
17:16 HD KSOE receives AiP from LR and LISCR for ammonia fuel-related equipment