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Statoil awards topsides contract for North Sea's Dagny platform

2013-02-20 01:00:00| Offshore Technology

Norwegian oil and gas major Statoil, along with its partners Total and Det norske, has awarded Daewoo Shipbuilding & Marine Engineering (DSME) and Aker Solutions a contract worth NOK6.1bn ($1bn), to construct topsides for the Dagny platform in the No

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Boston preparing for higher seas, more flooding from climate change

2013-02-17 06:09:00| Climate Ark Climate Change & Global Warming Newsfeed

Boston Globe: Many properties in Boston may have to waterproof their buildings -- raising critical electrical systems to higher levels or building barriers against storm surges -- as sea levels rise from climate change. The city is stepping up a campaign to prepare buildings for rising seas that could significantly flood neighborhoods during storms. The public-private plan comes at the same time a Boston Harbor Association report spotlights high-risk areas, such as Long Wharf and University of Massachusetts...

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Tanzania: Warming seas frustrate Zanzibar's seaweed farmers

2013-02-15 01:57:00| Climate Ark Climate Change & Global Warming Newsfeed

AlertNet: Rising sea temperatures and more extreme weather are damaging Zanzibar's formerly thriving seaweed farms, maritime experts say, reducing harvests and putting farmers out of work. Commercially valuable seaweed was brought to Zanzibar from the Philippines in the 1980s, and early producers found it grew well in the shallow waters off this Indian Ocean island. Some types of seaweed, used in the food and pharmaceutical industries as a stabilizer or emulsifying agent, are in great demand abroad,...

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East Coast Faces Rising Seas From Slowing Gulf Stream

2013-02-12 18:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: Experts on the sea level rise triggered by climate change have long known that it will proceed faster in some places than others. The mid-Atlantic coast of the U.S. is one of them, and the reason -- in theory, anyway -- is that global warming should slow the flow of the Gulf Stream as it moves north and then west toward northern Europe. Now there's a smoking gun that appears to validate the theory. A study in the February Journal of Geophysical Research: Oceans ties the measured acceleration of...

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Arctic draws oil money with stability, shallow seas

2013-02-12 14:37:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: It may not be this year, but Royal Dutch/Shell and other oil companies will be back to drill in northern Alaska's seas, drawn by political stability and shallow waters. Weary of Middle Eastern turbulence, alarmed by Argentina's nationalization of Spanish group Repsol's assets, and shocked by the Islamist siege of an Algerian gas plant, companies are looking to unexploited parts of the Arctic. Drilling in the cold, remote waters is technologically difficult and expensive but dwindling reserves...

Tags: money oil stability draws

 

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