TURKISHMARITIME, Turkish, Straits, Ship, Shipyard, Shipbuilding, Pirates

New life for NW Hutton module Workers at a UK reclamation firm have successfully completed a renewal of a former North Sea platform accommodation module.		Shale gas exploration drilling A key government report on the future for potential shale gas development in the UK has been published today saying exploration drilling should be allowed.

Total first quarter production falls Total said its first quarter production was down year on year by 2% due partly to the Elgin Franklin gas condensate leak in the North Sea in 2012 and security issues in Nigeria.		Hyundai to handle Rosebank South Korea's Hyundai Heavy Industries has clinched a Us $1.9 billion deal to deliver a new FPSO for Chevron's deepwater Rosebank oil field development in the UK West of Shetlands region.

Orlando project approved Britain's Department of Energy and Energy and Climate Change has given the green light for a new North Sea field development.		Major new find at Gullfaks Statoil is reporting a significant new find within the Gullfaks field area – one of the oldest producing fields on the Norwegian Continental Shelf.

New bond to fund Breagh Sterling Resources has secured new funding to pay off existing debt and for the largest North Sea gas development for years.		Statoil reconsiders Shtokman Statoil appears to be considering a possible re-entry to the giant Shtokman gas development in the Barents Sea – if a lower cost development solution can be found.

US crude to overtake imports THE United States Department of Energy says monthly crude oil production in the nation is expected to exceed the amount of crude oil imports later this year for the first time since February 1995.		Another big Brazil win Brazil's Petrobras has turned to Aker Solutions to provide new hardware for its huge subsea developments in a deal nearing US $1 billion.

Bentley plan to be taken forward Development of the UK's Bentley heavy oil field is to be stepped up after a successful pre-production test.		Johan Sverdrup sizes up Further drilling on Norway's giant Johan Sverdrup field has confirmed that it stretches into a third licence area with the potential to boost the reserves on the huge discovery.

FMC bags Tullow support FMC has landed a deal to supply ongoing subsea services to Tullow Oil in Ghana for the next five years.		Decommissioning costs Britain's Chancellor George Osborne has provided new certainty over the cost of decommissioning redundant oil and gas platforms an energy industry group has said.

Higher risks and higher costs Contractors are facing higher levels of cost and risk on major projects according to the head of a leading offshore construction company.		NYK fuel-saving seminars JAPANESE shipping giant NYK has held two fuel-saving seminars for shipowners and ship management companies, the first in Imabari city, Ehime prefecture, and the second at its head office in Tokyo.

First oil for new North Sea field First production from the UK North Sea Huntington field is nearing with the completion of installation work on five production risers to the floating platform installed.		Eirik Raude strikes a new deal Ocean's Rig's harsh environment deepwater semi-submersible is set to play a part in further exploration offshore Ireland in the Atlantic Margin.

Sale for tender rig business Malaysia’s SapuraKencana Petroleum has moved a step closer to its planned $2.9bn purchase of Seadrill’s tender rig business with the two companies entering into a provisional sale and purchase agreement.		Sembcorp set for Ivar Aasen field Singapore's Sembcorp Marine has been selected to build the topsides for the Ivar Aasen field development offshore Norway under a S$900 million (US $727.18 m) under a letter of intent with operator Det norske oljeselskap.