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  • 5 June 2018
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    Welsh First Minister Carwyn Jones has called the UK government to offer price support for the Swansea Bay tidal lagoon ‘on the same terms’ to that agreed for the nuclear power station.

  • 7 November 2014
    Business & Finance

    The Australian Institute of Marine & Power Engineers (AIMPE) has given notice that the tug boat engineers at Port Hedland, Australia’s biggest iron ore port, intend to take protected industrial action in the form of a four-hour stoppage from 6am to 10am on Wednesday, November 12, 2014, Teekay Shipping reports in a release. The notice exempts […]

  • 22 October 2015

    The Crew Union of Towage Companies in Greece is about to stage a towage strike in Greece today which will affect vessel movements at all Greek ports and terminals, Inchcape Shipping Services (ISS) informed. The strike is scheduled to take place on 22nd to 23rd of October and will consist of daily four hour stoppages on […]

  • 22 October 2015

    The Crew Union of Towage Companies in Greece is about to stage a towage strike in Greece today which will affect vessel movements at all Greek ports and terminals, Inchcape Shipping Services (ISS) informed. The strike is scheduled to take place on 22nd to 23rd of October and will consist of daily four hour stoppages on […]

  • 20 January 2011
    Business & Finance

    Roc Oil (WA) Pty Limited, a wholly owned subsidiary of ROC, announced on 20 December 2010 that it had agreed to sell its 20% interest in WA-351-P, offshore Carnarvon Basin, Western Australia, to Woodside Energy Ltd for US$15.75 million subject to working capital adjustments and normal industry terms and conditions, including the receipt of joint […]

  • 16 October 2012

    This recent quarter was eventful and positive for Metgasco, with the NSW Government issuing a range of new regulations, renewing numerous exploration licences and approving our first production licence to support, Metgasco’s Casino Gas Project / Richmond Valley Power Station project. In doing so, the NSW Government gave the green light to the CSG industry. […]

  • 8 March 2013
    Research & Development

    The Norwegian Ministry of Petroleum and Energy has decided to rename the Dagny field in the North Sea. As from today 8 March – International Women’s Day – the field will be known as Gina Krog. Krog (1847-1916) was a well-known champion of women’s rights, who fought for equal rights for men and women and […]

  • 30 November 2012

    GulfMark Offshore, Inc. announced today that, subject to market conditions, it intends to offer $150 million in aggregate principal amount of its 6.375% Senior Notes due 2022 for sale in a private offering. The notes will have substantially the same terms as the $300 million aggregate principal amount of 6.375% Senior Notes due 2022 issued […]

  • 12 December 2016
    Business & Finance, Project & Tenders

    Italian oil and gas company Eni is trimming its stake in the giant Zohr discovery, offshore Egypt. Namely, the company will sell a 30 percent stake in the Shourouk Concession, containing the Zohr, to Rosneft. The sale, announced on Monday, follows a recent divestment of a ten percent stake in the license to BP, the completion […]

  • 7 February 2014
    Business & Finance

    Otto Marine Limited has secured charter contract for the ‘Sea Frost’ Platform Supply Vessel. The value of the contract is around $8.0 million. Under the contract, which has recently started, Sea Frost has been contracted to support the Atwood Eagle rig located in Australia for a period of 152 days. Otto did not reveal the name of […]

  • 4 May 2015
    Business & Finance

    China Shipping Bulk Carrier has entered into two charter agreements with sister companies China Shipping Haisheng and China Shipping Industry, the parent company China Shipping Development revealed in a stock exchange filing. The charter deal with Haisheng Shipping relates to six 57,000 dwt bulkers for a period of eight months. China Shipping Industry has agreed to […]

  • 29 August 2017
    Business & Finance

    Navig8 Chemical Tankers, a joint venture between the Navig8 Group and Oaktree Capital Management, has taken delivery of its second 25,000 dwt stainless steel chemical tanker. The newbuilding, named Navig8 Sol, was constructed by Japanese builder Fukuoka Shipbuilding. It is the second of two vessels contracted at the shipyard to be delivered to the company. […]

  • 26 July 2007

    The shuttle tanker Navion Gothenburg was delivered yesterday, after upgrading and modification1, from the shipyard Dubai Drydocks. The basic model of the vessel was built at the shipyard Samsung Heavy Industries in South Korea and is owned on a 50-50 basis and on the same terms by Stena Bulk and the Canadian shipping company Teekay, […]

  • 6 December 2013

    Dynagas LNG Partners said that, in connection with its previously announced initial public offering of 12,500,000 common units at $18.00 per unit, the underwriters have exercised in full the over-allotment option granted to them by Dynagas Holding, the Partnership’s sponsor.  Dynagas Holding has sold an additional 1,875,000 common units as a result of the over-allotment […]

  • 2 May 2018
    Business & Finance

    BW Offshore has agreed an extension for the Abo FPSO unit with Nigerian Agip Exploration.

  • 30 December 2013
    Business & Finance, Equipment, Technology

    Chatham Rock Phosphate has appointed London corporate finance advisers Wimmer Financial to manage an international capital raising over coming weeks. The financing, by private placement, is likely to be determined by a book build process managed in conjunction with Wimmer Financial. The offering, for qualified investors, is likely to be the final capital raising required […]

  • 28 June 2012
    Business & Finance

    North Atlantic Drilling has received a letter of intent from ExxonMobil for assignment of the harsh environment semi-submersible drilling unit West Alpha. The extension has a firm period of two years with an estimated revenue value of US$410 million. Commencement of operations under the contract extension is expected in the third quarter of 2014, in […]

  • 28 June 2012
    Business & Finance

    Seadrill’s subsidiary North Atlantic Drilling has received a letter of intent from ExxonMobil for assignment of the harsh environment semi-submersible drilling unit West Alpha. The extension has a firm period of two years with an estimated revenue value of US$410 million. Commencement of operations under the contract extension is expected in the third quarter of […]

  • 13 November 2014

    AMEC said that the offer to purchase all of the issued and to be issued registered shares of Foster Wheeler has been successfully completed. AMEC is making the necessary filings to change its name to Amec Foster Wheeler, the company said in a statement. As disclosed in the offer documents, Amec intends to complete the […]

  • 30 July 2010
    Business & Finance

    Seadrill has been awarded a six months contract extention for the ultra-deepwater semi-submersible drilling rig West Hercules by Husky Oil China Ltd. The estimated value of the contract extention is approximately US$90 million. The extention secures continued employment for the ultra-deepwater unit offshore China until May 2012. Husky Oil China Ltd. has the right to […]

  • 25 October 2018

    Dynagas LNG Partners, a limited partnership formed by the Greek shipowner Dynagas, secured $53 million after the closure of its previously announced offering. Dynagas LNG said in a statement on Wednesday it has granted the underwriters a 30-day option to purchase up to an additional 330,000 Series B Preferred Units on the same terms and […]

  • 28 February 2012

    Mærsk of Denmark said it has completed the sale of its wholly owned subsidiary Maersk LNG to Teekay LNG and Marubeni Corporation. “The agreement was subject to a regulatory approval and consents from Maersk LNG’s customers. These conditions have now been fulfilled. Accordingly, A.P. Møller – Mærsk A/S has today completed the sale of all […]