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  • 18 February 2015

    RenewableUK has warmly welcomed the announcement today that the giant Dogger Bank Creyke Beck offshore wind farm has gained consent from the Energy Secretary Edward Davey. Dogger Bank Creyke Beck is the largest consented offshore wind project in the world, with an installed capacity of up to 2.4 gigawatts (GW), enough to meet the needs of […]

  • 5 March 2014

    ABS, the leading offshore and maritime classification society, has been selected by Edison Chouest Offshore and Island Offshore through the company Island Ventures II LLC to class two next-generation offshore construction vessels (OCVs). The ULSTEIN SX165 design vessels, ordered through Island Ventures II LLC, will be built at Ulstein Verft in Norway and Edison Chouest’s […]

  • 3 June 2014
    Business & Finance, Equipment

    Claxton, an Acteon company, has been awarded a multi-year contract with Det norske oljeselskap ASA of Norway: the largest single riser contract in Claxton’s history.

  • 6 November 2014
    Business & Finance

    Edward Davey, the Secretary of State for Energy and Climate Change (DECC) UK, today, November 6, 2014, announced the offer of awards for Licenses in the 28th Seaward Licensing Round. “After thorough consideration of the applications made in the 28th Offshore Oil and Gas Licensing Round, I am pleased to be able to announce an […]

  • 12 February 2014

    Kyokuyo Shipyard Corporation will build a 540TEU container carrier for Kobe-based Imoto Lines, Ltd., a leading company for Japan’s domestic sea transport. This next generation domestic liner is the result of ‘chemical reaction’ between experience and expertise of the two companies. To meet the increasing demand in domestic transportation (for both normal and reverse logistics) […]

  • 16 January 2013

    UK’s Bibby Remote Intervention Limited (BRIL), a division of Bibby Offshore, is expanding its fleet by signing a contract to charter the multi-purpose offshore vessel the Toisa Warrior in its biggest vessel charter to date. The vessel will come under the control of BRIL in February 2013 on a 180-day charter and will act as […]

  • 31 December 2005

    The Bach Dang Shipyard, a member of the Vietnam National Shipbuilding Industry Corporation (VINASHINB) early this morning successfully launched VINASHIN SEA, an oil tanker of 13,500 tonnes, the biggest oil tanker launched so far in Vietnam.

  • 31 January 2007

    Operator Statoil has awarded Aker Kvaerner Offshorepartner (Akop) a contract worth NOK 390 million in relation to the Norwegian Sea’s Alve development. During the first quarter of this year, several Alve contracts worth around NOK 900 million will be agreed.

  • 28 April 2014
    Business & Finance, Equipment, Technology

    The Queensland Government has called on environmental groups and organisations to stop peddling misinformation regarding the Great Barrier Reef. Minister for Environment and Heritage Protection Andrew Powell said the deceitful campaigns are an attack on Queensland’s reputation and harmful to jobs. “These alarmist claims are doing nothing but muddying the waters around the real threats […]

  • 27 March 2014

    Norway’s biggest offshore disaster occurred just before 18.30 on 27 March 1980. The Alexander L Kielland flotel capsized and sank by the Edda platform on the Ekofisk field in the North Sea, with the loss of 123 lives. Eighty-nine people survived.

  • 5 August 2010

    In 2009, crude oil, natural gas, and pipeline transport services accounted for almost 50 percent of Norway’s exports value, 22 percent of GDP, and 27 percent of government revenues according to the Norwegian Petroleum Directorate. Although Norway’s oil production peaked in 2001 at 3.42 million barrels per day (bbl/d) and has declined to reach 2.35 […]

  • 9 January 2015
    Business & Finance

    Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has named the MSC Oscar, which with the nominal capacity of 19,224 TEU has claimed the title of the world’s biggest containership. The naming ceremony was held on Thursday, January 8th at DSME’s Okpo shipyard, Geoje in South Gyeongsang Province. The prestigious title has been taken over from […]

  • 11 March 2007

    A mega-yacht currently being built in Italy boasts seven decks, a helicopter pad and a price tag of 140 million euros, $184 million dollars. The Sunday Telegraph reported on the record-breaking privately-owned yacht, which will contain 15 staterooms, gold and marble bathroom fittings, Jacuzzis, an enclosed gym and a sun deck as well as jet […]

  • 17 April 2013

    Federal Resources Minister Gary Gray has predicted Australia will be the biggest liquefied natural gas (LNG) exporter in the world within five years. Addressing the 17th International Conference on Liquefied Natural Gas (LNG 17) in Houston, Texas, Minister Gray said that with seven of the world’s twelve projects now under construction in Australia, he expects […]

  • 5 February 2006

    CHINA has overtaken Japan to become the world’s second-biggest shipbuilding country in terms of orders, the Takungpao said.

  • 26 March 2013
    Business & Finance, Project & Tenders

    SBM Offshore announce that it has received a Letter of Intent (LOI) for the twenty year charter and operation of two (2) FPSOs from BM-S-11 subsidiary Tupi BV on 22 March 2013. The FPSOs will be deployed at the Lula field in the pre-salt province offshore Brazil. BM-S-11 block is under concession to a consortium […]

  • 26 March 2013
    Business & Finance

    SBM Offshore has received a Letter of Intent (LOI) for the twenty year charter and operation of two (2) FPSOs from BM-S-11 subsidiary Tupi BV on 22 March 2013. The FPSOs will be deployed at the Lula field in the pre-salt province offshore Brazil. BM-S-11 block is under concession to a consortium comprised of PETROBRAS […]

  • 22 November 2011

    DSME started construction of the fifth Royal Dock, which will be the biggest floating dock in the world, on 1st November. The steel cutting ceremony was held at Daehan Shipbuilding (DS) in the South Korean province of South Jeolla. The No.5 Royal Dock construction has been undertaken because of the increasing number of new orders […]

  • 22 November 2011

    Mozambique’s woeful infrastructure poses some of the biggest challenges for miners wanting to invest in coal mining projects in the southern African country… (iol) [mappress] Source: iol, November 22, 2011

  • 24 February 2014
    Business & Finance

    The National Institute of Oceanography (NIO), a constituent laboratory of the Council of Scientific and Industrial Research (CSIR) in India, has been awarded a Rs.17.94 crore project by the Oil and Natural Gas Corporation (ONGC). According to a press release issued today NIO will collect geophysical data from ONGC’s oil field in the Krishna-Godavari basin off […]

  • 15 July 2015
    Business & Finance

    The biggest spender on second hand tonnage in the first half of 2015 is United States-based transporter of crude oil Gener8 Maritime, which has earmarked USD 1.4 billion for a total of 14 vessels, according to VesselsValue. General Maritime Corporation and Navig8 Crude Tankers Inc. completed their merger in May to create Gener8 Maritime Inc., a world-class […]

  • 2 June 2014
    Business & Finance

    A record financial performance during 2013 has enabled Belfast Harbour to commit more than $100.5m to capital expenditure projects. The Harbour’s Annual Report has revealed that Turnover rose by 30% to $84.2m, whilst Profit before Taxation climbed by 42% to $43.8m during the financial year. During the period the Harbour also paid over $11m in […]