News
Farstad scores several charter deals. Returns two PSVs from layup
Norway’s Farstad Shipping has secured charter deals for several of its offshore vessels. The company, soon to be part of the Solstad Farstad company after a recent merger deal, said on Monday it had found work for six of its vessels, of which five platform suppliers and one anchor handler. The Far S
Milaha’s net profit drops
Doha-based Qatar Navigation (Milaha) reported a 35 percent drop in its net profit for the year 2016.
GC Rieber’s 4Q hit by fleet impairment
Norwegian seismic player GC Rieber Shipping has posted the loss of continuing operations in fourth quarter of NOK 170.3 million, compared with a loss of NOK 110.0 million in the corresponding period 2015. Converted to U.S. dollars – today’s values – loss from continuing operations came at $20.35 mil
BOEM to offer a million acres for oil exploration in the Cook Inlet off Alaska
The U.S. Bureau of Ocean Energy Management (BOEM) has unveiled plans to offer 1.09 million acres in the Cook Inlet offshore Alaska in a proposed lease sale this year. BOEM said Friday that the Cook Inlet Oil & Gas Lease Sale 244, scheduled to take place in June 2017, would offer 224 blocks toward th
Jan de Nul’s New Vessel Launched in China
Jan De Nul’s new multi-purpose vessel ‘Adhémar de Saint-Venant’ has been launched from AVIC shipyard in Weihai, China. The second multi-purpose vessel, the Daniel Bernoulli, is set for launch in March 2017. Several different equipment sets can be installed on the vessels, which will provide them wit
India: H-Energy starts jetty construction for Jaigarh FSRU project
Hiranandani Energy (H-Energy) has started the construction of a jetty for its FSRU project at the Jaigarh Port in Maharashtra on the West Coast of India.
Algeria’s Sonatrach in talks to begin offshore drilling – source
By Lamine Chikhi ALGIERS (Reuters) – Algeria’s Sonatrach wants to start offshore oil drilling and has begun discussions with U.S. operators Exxon Mobil Corp <XOM.N> and Anadarko <APC.N> as well as Italy’s Eni <ENI.MI>, a source at the state energy company told Reuters on Sunday. The North African OP
Update: Chevron resumes Gorgon Train 2 production
US-based energy giant Chevron has restarted production at the second liquefaction train of its giant Gorgon LNG facility in Western Australia. The company said last Friday that Gorgon Train Two production had been suspended temporarily to undertake “minor maintenance.” “Train Two production resumed
Qatar Petroleum says to merge two chemical units
State-owned Qatar Petroleum on Sunday announced a plan to integrate activities of its two petrochemical units as it aims to trim domestic costs and expand internationally. This move also follows the Qatari company’s decision to integrate its two liquefied natural gas (LNG) units, Qatargas RasGas. Qa
Con4Mare Named Marine Warranty Surveyor at Merkur OWF
GeoSea has appointed Con4Mare to provide marine warranty survey services for the 396MW Merkur offshore wind farm (formerly known as MEG I), located 45km north of Borkum, Germany, in the North Sea.
Spain Approves Port Reform, Dockers to Go on New Strikes
The Spanish Council of Ministers approved a royal decree on the port system reform on February 24. As a result, the country’s dockworkers plan to stage new strikes, starting from March 6. The new law, which is in line with the requirements of the European Union, will enable ports to hire non-unioniz
Popular news, Feb 20 – 26, 2017
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Top news of the week February 20-25
Shell’s first LNG Outlook: LNG demand to grow at twice the rate of gas demand The Hague-based LNG giant Shell on Monday launched its first” LNG Outlook”, an assessment of the global liquefied natural gas (LNG) market. Explosion hits Nigeria LNG pipeline Nigeria LNG, the operator of the 22 mtpa lique
Competitive Industry
What can be done to achieve lower costs? Which technology is required and where can companies and industries collaborate? Offshore WIND spoke to ECN’s expert in wind energy Peter Eecen on new insights that follow from ECN’s work within FLOW, the Far and Large Offshore Wind collaborative research pro