Over the past four months owners have been busy ordering new tankers, keeping the crude oil tanker fleet expansion on course for a six-year-high, measured in DWT, BIMCO said. However, the fleet growth percentage is down from last years’ 5.9%, to 4.7% for the full year of 2017. The order book include
More international terminal portfolios are likely to move into the hybrid category in the coming years, as pure carrier terminal portfolios diminish over time, shipping consultancy Drewry said. Therefore, the majority of global/international terminal operator portfolios should end up being run more
N-Sea, a subsea IMR provider, has began work in the Cameroonian offshore market, via a contract win with Jumbo Offshore, a Dutch offshore lifting and transportation company. With phase one completed in mid-July, the project takes place off the shores of Cameroon’s South Province, as a part of the Hi
UK-based Chariot Oil & Gas has chosen not to enter into the first renewal exploration period of the exploration licenses covering Namibian offshore Blocks 2714A and 2714B. The company said on Tuesday that the Namibian Ministry of Mines and Energy, as well as Chariot’s partners, had been notified of
Subsea IMR provider, N-Sea, has started work in the Cameroonian offshore market through a contract win with Dutch offshore lifting and transportation company, Jumbo Offshore. With phase one completed in mid-July, the project takes place off the shores of Cameroon’s South Province, as a part of the H
Damen’s 3307 patrol vessel has been delivered to Homeland Integrated Offshore Services, increasing the company’s fleet of vessels protecting o&g offshore activities in Nigeria to three. The vessel Guardian 3, along with its sister ships Guardian 1 and 2, now provides security and support services to
The final preparations are happening for Marine Energy Event to be held on 11 October 2017 together with partners EWA (Dutch Energy from Water Association) and DMEC (Dutch Marine Energy Center). We are proud to announce our full list of speakers.
The current order book for bulk carriers stands at 60.4 million DWT, which is the lowest in 13 years, based on the data from BIMCO shipowners’ association. Despite the market turmoil stemming from hectic activity in the sales and purchase market, the ordering activity remained subdued for some time.
Oil & gas company Hyperdynamics completed the top portion of the Fatala-1 exploration well offshore Guinea over the weekend with early indications supporting the geophysical model of the prospect. The exploration well is being drilled with the Pacific Drilling-owned drillship, the Pacific Scirocco.
Subsea World News has put together a recap of the most interesting articles from the previous week (August 21 – August 27). Total is set to acquire Maersk Oil & Gas, a wholly owned subsidiary of A.P. Møller – Mærsk, for $7.45 billion in a share and debt transaction. Under the agreed terms, A.P. Møll
The most popular articles of the week August 21 – 27, 2017.
Tidal Energy Today has compiled the top news from tidal and wave energy industry from August 21 – 27, 2017.