Robotic arm systems (underwater manipulators) are being used in the offshore industries, especially in executing subsea intervention operations. Robotic arms can be mounted on remotely operated vehicles (ROVs), unmanned underwater vehicles (UUVs) and in some cases on autonomous underwater vehicles (
OPEC’s Joint Ministerial Monitoring Committee (JMMC) has made assurances of achieving 100 per cent conformity from all participating countries during the next three months.
The Covid-19-caused downturn is set to cause a 25 per cent yearly drop in global demand for oilfield services (OFS), a Rystad Energy analysis shows.
Shelf Drilling has received an early termination of a drilling contract for a jack-up rig operating offshore Egypt.
All crew members on board Hapag-Lloyd’s chartered container ship M/V Montpellier have fully recovered and tested negative for the COVID-19 virus, the company said in an update. To remind, the boxship, deployed by Hapag-Lloyd on its Middle East / India Africa Express (MIAX) Service, was ordered to re
The number of seafarers pending their sign-off at sea is increasing by the day as the industry awaits flag and port states to lift Covid-19 related travel restrictions and enable the unsung heroes of the sea to finally go home. The debate is heating up as unions vow to take matters into their own ha
In its global energy outlook, Rystad Energy revealed that the Covid-19 downturn will expedite peak oil demand, putting a lid on exploration efforts in remote offshore areas and as a result reducing the world’s recoverable oil by around 282 billion barrels.
PICO GoS Limited, a Cheiron Group company, has achieved the first oil production from its appraisal well GNN-4 in the Geisum Concession offshore Egypt.
South Africa’s Renergen signed a deal with a unit of French energy giant Total to market and distribute LNG in the southernmost country on the African continent. The natural gas and helium producer is building the country’s first LNG plant as part of its Victoria gas project. The project will develo
Finnish technology group Wärtsilä has received a contract to install its fully integrated main propulsion system on a new Mauritius multipurpose cargo vessel.
The massive consolidation drive in the container shipping market that dominated the narrative over the past four years seems to have brought about unexpected benefits during the coronavirus crisis. The driving force behind the phenomenon has been primarily achieving economies of scale, especially co
Maritime NGO Human Rights at Sea (HRAS) has denounced the ‘Enough is enough’ call to action by the International Transport Workers’ Federation (ITF), which has vowed support to seafarers in enforcing their right to stop working, leave ships and return home. The call came after a one-month deadline t
