5407 results found for 'prosafe'

5407 results found for 'prosafe'
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  • Crowley: Puerto Rico Considers Leaving the Jones Act Behind

    2 May 2016
    Business & Finance

    A recent debate on stabilizing the economy of Puerto Rico also triggered discussions of exempting the island trade from the Jones Act, which could “bring further investment in vessels built in U.S. shipyards to a standstill,” Crowley Maritime Corporation’s Michael Roberts, senior vice president and general counsel, said. Roberts further said that no credible proof was offered to suggest […]

  • I.M. Skaugen Wins USD 420 Mn Worth of Charter Deals

    24 January 2017
    Business & Finance

    Oslo-based shipping company I.M. Skaugen has signed long-term time charter contracts for three multigas (MG) vessels, including two 10,000 cbm and one 12,000 cbm MGs. The company said that the contracts, which are a part of a project representing a “proof of concept” of its small scale LNG logistics solutions (SSLNG), are expected to generate […]

  • In a landmark move, OSPAR bans scrubber discharges in North-East Atlantic waters

    1 July 2025
    Authorities & Government, Environment, Regulation & Policy, Rules & Regulation

    A staged ban on scrubber discharges in coastal waters in the North-East Atlantic area (OSPAR region) has been approved. Believed to be “the first” regional regulation on scrubber discharges, the ban sets a precedent for other areas to follow. As informed, the ban will apply to discharges from open-loop scrubbers by July 2027, and to […]

  • Prospector: Options for Six Rigs Extended (China)

    2 January 2013
    Business & Finance

    Prospector Offshore Drilling S.A. announced an agreement with Dalian Shipbuilding Industry Offshore Co., Ltd. to extend the expiry dates on three of its rig construction option agreements with DSIC Offshore that were previously due to expire on 31 December 2012. The first of these rig construction option agreements (“Option Agreement No. 3”) entered into on […]

  • TGS in Nigeria Multibeam and Seafloor Sampling Study

    20 December 2019
    Operations & Maintenance

    TGS, along with its joint venture partner PetroData, plans to start Nigeria’s first regional multi-client multibeam and seafloor sampling (MB&SS) study. The study will cover an area of approximately 80,000 square kilometers of the offshore Niger Delta and will incorporate around 150 cores from the seabed,whose location is based on multibeam backscatter anomalies. Much of this […]

  • OPT Hybrid PowerBuoy Energy for Subsea

    2 March 2020
    Business & Finance, Equipment, Research & Development

    Ocean Power Technologies (OPT) has unveiled the prototype of its newest product, the hybrid PowerBuoy, in production at its New Jersey facility. The hybrid PowerBuoy will offer remote power for subsea and topside applications, reliable data communications, and a nominal 1.5-megawatt hours of energy storage. Solar charging of on-board battery power with a clean-fueled Stirling […]

  • Production vessel engulfed in flames after explosion

    3 February 2022
    Environment, Exploration & Production, Safety, Vessels

    An offshore production vessel located in waters offshore Nigeria has been engulfed in flames following an explosion.

  • Eni wins five new exploration licences in Egypt

    10 January 2022
    Business & Finance, Business Developments & Projects, Exploration & Production

    Italian oil and gas company Eni has been awarded five new exploration licences by the Egyptian Ministry of Petroleum.

  • Gabon set to launch offshore licensing round

    26 October 2018

    The Republic of Gabon is set to launch an offshore licensing round offering the country’s shallow and deepwater offshore blocks for oil companies to bid for.

  • PGS to create MegaSurvey offshore Peru

    2 December 2019

    Norwegian seismic services provider Petroleum Geo-Services (PGS) has reached an agreement with Perupetro to create a new MegaSurvey in Peru.

  • USA: TGS Starts Gulf of Mexico WAZ Survey

    23 May 2012

    TGS, Norway-based company that provides multi-client geoscience data and services to oil and gas Exploration and Production companies around the globe, has started acquisition of a 3D multi-client wide azimuth (WAZ) survey covering over 3,500 km2 in the Gulf of Mexico, offshore New Orleans. The survey, Independence WAZ 3D, continues TGS’ Constitution group of WAZ […]

  • ATP Spins Drill Bit at Shimshon Well Offshore Israel

    30 April 2012
    Business & Finance

    ATP Oil & Gas Corporation (NASDAQ:ATPG) and its wholly-owned subsidiary ATP East Med B.V.  have initiated drilling at the Shimshon well in the Levant Basin of offshore Israel with the Ensco 5006 drilling unit. The Shimshon well is in a water depth of 3,622 feet with a target depth of 14,764 feet. After spudding, several […]

  • Woodside Selects Acceleware’s Seismic Modeling Software

    2 December 2013
    Equipment

    Acceleware Ltd. last weeks announced that Woodside Petroleum Ltd., Australia’s largest independent oil and gas company has selected AxWave™, Acceleware’s high performance seismic modeling software, to simulate data acquisition in complex geological areas.   “AxWave is an efficient, cost effective solution for generating large scale synthetic seismic datasets used for survey design and data characterization […]

  • Lime Norway farms into North Sea license

    16 April 2015
    Business & Finance

    Hibiscus Petroleum’s jointly-controlled entity, Lime Petroleum Norway AS (Lime Norway), has executed an agreement with Lundin Norway AS (Lundin) to acquire a 30% interest in PL544, in the North Sea.   Lundin is the operator at PL544. The parties in the license will be Lundin with 40%, Bayerngas Norge AS2 holding 30%, and Lime Norway owning the remaining 30%, […]

  • Petredec to Order Up to Four VLGCs in China

    20 June 2017
    Business & Finance

    Singapore-based Petredec Holdings (Eastern) has decided to further expand its fleet with up to four very large gas carriers (VLGCs) to be constructed by China’s Jiangnan Shipyard. Under the contract signed between the parties, Petredec has placed orders for two 84,000 cbm LPG carriers with the option to build further two units. Petredec said that the […]

  • DOF Subsea adds new pipelay support vessel to Brazil fleet

    11 May 2018

    Norwegian subsea company DOF Subsea has welcomed a new pipelay support vessels to its Brazilian fleet. 

  • Trafigura Sells Texas Terminal Assets

    4 September 2014
    Business & Finance

    Trafigura AG, an international commodities trading and logistics provider, has signed an agreement for the sale of 80 percent of its membership interests in the entity which holds its South Texas midstream assets, Trafigura Terminals LLC, to Buckeye Partners, L.P. The total transaction value agreed was USD 860 million before customary post-closing adjustments. Closing of […]

  • Angola LNG Ships Its First Cargo to Brazil

    26 July 2013
    Business & Finance

    Angola LNG has delivered its first cargo to Brazil. The 160,000 m3 cargo – which left Soyo aboard the SS SONANGOL SAMBIZANGA last month – has been safely unloaded at Petrobras’ regasification terminal in Guanabara Bay, Rio de Janeiro. Commenting on the first cargo delivery Artur Pereira, CEO, Angola LNG Marketing Ltd. said: “Our main […]

  • Drewry: Recovery on the Horizon for VLGC Owners

    1 March 2018
    Business & Finance

    A slowdown in fleet growth is expected to push the VLGC sector into recovery, according to Drewry.

  • Japan: MCO Secures Order for Six FPSO Compressor Packages

    14 March 2012

    Mitsubishi Heavy Industries Compressor Corporation (MCO), a wholly-owned subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI), has received an order for six compressor packages to be installed on a floating production, storage & offloading system (FPSO), which Tupi BV plans to operate in the area of BM-S-11 at Brazil’s coast. The compressor packages are the core […]

  • EIA: U.S. Spot Gas Prices Up

    18 April 2014

    Although the Henry Hub spot price fell slightly from $4.66/MMBtu last Wednesday, April 9, to $4.62/MMBtu on April 15, natural gas spot prices rose somewhat at most market locations this week, the U.S. Energy Information Adminstration (EIA) said in a report. At the New York Mercantile Exchange (Nymex), the price of the near-month futures contract […]

  • Angola LNG Delivers First Cargo to Brazil

    25 July 2013
    Vessels

    Angola LNG has delivered its first cargo to Brazil. The 160,000 m3 cargo – which left Soyo aboard the SS SONANGOL SAMBIZANGA last month – has been safely unloaded at Petrobras’ regasification terminal in Guanabara Bay, Rio de Janeiro. Commenting on the first cargo delivery Artur Pereira, CEO, Angola LNG Marketing Ltd. said: “Our main […]

  • DEP: Natural Gas Vehicle Grants Now Open (USA)

    6 June 2013

    The Department of Environmental Protection of Pennsylvania announced that its Alternative Fuels Incentive Grant (AFIG) Natural Gas Vehicle program is now open. The program will provide an estimated $10 million in grants to help companies and organizations purchase or convert medium to light-weight natural gas vehicles. “During last year’s natural gas vehicle seminars, we heard from […]

  • Gertsen & Olufsen gains foothold in Brazil

    1 December 2009

    Danish marine specialist Gertsen & Olufsen has received its first order for electric vibration compensators from the growing shipbuilding market in Brazil. The company has initially been asked to supply vibration compensators to four Petrobras 48-ton product tankers and five Eisa 2,700-ton container ships. All nine ships are the first vessels to be built in […]

  • Martek Marine Release New Gas Monitoring System (UK)

    8 November 2012
    Business & Finance

    Martek Marine has released Marine Tankscape, a new gas monitoring system for tankers and reefer vessels which removes the need for seafarers taking hand notes on deck by producing a certificate for Port State Control and other inspectors as well as storing the information for download. The new Marine Tankscape system incorporates seven instruments for […]