News
Ministry: Sewol Wreck to Be Transported to Mokpo on March 30
The wreck of the ferry Sewol, which was lifted last week following overnight salvage operations, is expected to embark for the Port of Mokpo, South Korea, on March 30, the country’s Ministry of Oceans and Fisheries (MOF) said. The preparations to relocate she ship have been completed and salvage cre
UK books first April LNG cargo
The United Kingdom has booked its first liquefied natural gas (LNG) cargo for April, extending the recent rise in imports of the chilled fuel. The 266,000-cbm Q-Max LNG tanker Rasheeda is expected to arrive at the UK’s South Hook LNG terminal on April 2 from Qatar, according to the Milford Haven Por
Somali Pirates Keep 7 Hostages on Hijacked Vessel
Somali pirates have kept 7 hostages on board the vessel hijacked last week off Somalia, indicating that it could be intended for use as a mother ship for further attacks, Oceans Beyond Piracy (OBP) cited local reports. The vessel, identified as the ocean going dhow Asayr 2 operating out of Bosaso, w
Maximizing workability, safety and efficiency in challenging market conditions
By ABB The challenges in the current offshore industry are still in full swing. With an oil price that is nowhere in the range of the level as in 2014, the current market conditions for many offshore contractors remain demanding. Offshore contractors can use smart software on their vessels to offer
Offshore Achievement Awards Winners Revealed
Twelve companies and individuals were revealed as the winners at the Offshore Achievement Awards 2017 (OAA) on Thursday at the Aberdeen Exhibition and Conference Centre (AECC). The winners included JDR Cable Systems, which collected two awards for Export Achievement and Great Large Company, whilst E
Beatrice Offshore Construction Kicks Off
Seaway Heavy Lifting (SHL) will begin installing piles for jacket foundations at the Beatrice offshore wind farm on 27 March. The work will be carried out by the heavy lift vessel Stanislav Yudin, recently equipped with NAMI’s purpose built 700-tonne Pile Installation Frame (PIF).
Hurricane proves Halifax linked to Lancaster field
UK offshore operator Hurricane Energy has found oil at the Halifax well off the Shetland Isles. What is more, the company has confirmed that the initial data analysis indicates Halifax is linked to the Lancaster field forming a single large hydrocarbon accumulation. The main purpose of the Halifax W
Study to assess potential for use of bio-LNG as transport fuel in Port of Rotterdam
The Port of Rotterdam Authority and the National LNG Platform intend to study the possibilities of developing LNG from renewable sources as a transport fuel in the port of Rotterdam.
Primeline collects overdue payment from Zhejiang Gas
E&P company Primeline Energy has received the full payment due under the recently agreed settlement of the dispute with Zhejiang Gas in relation to the gas sales contract for LS36-1 (GSC), off China. The settlement agreements were signed in early March between Primeline and CNOOC China Ltd (CCL) and
Standard Coaster Converted into Cement Carrier
There’s a saying that out of the following three items on the shipyard’s menu, a client can only choose two: low cost, fast delivery and high quality. However, there are ways to achieve all three courses and one of them is converting an existing semi-completed hull into a tailor-made solution. Repur
Popular news, March 20 – 26, 2017
The most popular articles of the week.
Top news of the week March 19-25
Adriatic LNG receives 500th cargo Qatar’s RasGas has delivered the 500th cargo to the Adriatic LNG terminal located about 15 kilometers off the Veneto coastline. Chevron ships 50 Gorgon LNG cargoes, says expansion is unlikely to happen Chevron said Tuesday it has shipped fifty cargoes of liquefied n
Shell sells onshore assets in Gabon. What about offshore?
Oil giant Shell has decided to sell its onshore assets in Gabon to Assala Energy, a Carlyle Group company, for $587 million in a move to partly make up for the $50 billion acquisition of BG Group last year. The sale, subject to certain approval and conditions, is expected to be closed in mid-2017. C
Peruvian cargo heading to Japan
Peruvian natural gas liquefaction and export plant at Pampa Melchorita dispatched a cargo of liquefied natural gas to Japan.