News
USCG Detains Two Bulkers in Portland and Kalama
The US Coast Guard has set in motion a detention of the Panama-flagged bulk carriers Atlantic Ruby and Amber L after discovering substandard safety issues while conducting routine Port State Control exams onboard the vessels at the Port of Portland and the Port of Kalama on the Columbia River. The A
Japan’s MOL to buy stake in self-elevating platform vessel operator
Japanese Mitsui O.S.K. Lines (MOL) has revealed a plan to acquire a five percent share in Seajacks International, a UK-based owner and operator of five self-elevating platform vessels. Mitsui said on Friday that the company would buy the stake from its compatriot, Marubeni Corporation. This is a new
Keel laying ceremony held for Teekay’s east Canada-bound shuttle tanker
Teekay, a marine energy transportation, storage, and production company, held a keel laying ceremony for its first shuttle tanker newbuild bound for the East Canada Coast. Teekay said on Thursday that the ceremony was held on February 15 at the Samsung Heavy Industries shipyard in South Korea. This
Offshore safety body green-lights subsea ops off Norway
Oil and gas companies Aker BP, ExxonMobil, Gassco, and Statoil have received consent from Norway’s safety body, the Petroleum Safety Authority (PSA), for manned underwater operations in 2017. The PSA said on Friday that Statoil signed framework agreements with Technip Norge and Subsea 7 Norway on th
LNG newbuilding prices dropped sharply but orders remain weak
Costs of building a liquefied natural gas (LNG) carrier have declined lately due to the oil and gas industry downturn but this did not encourage shipowners to order new vessels. However, in the next four years, things could change. Many say that the current LNG shipping market is weak with low spot
GTT’s 2016 revenue up
Gaztransport & Technigaz (GTT), the French maker of LNG containment systems, posted a revenue of €235.6 million (Approx: US$249.5 million) for the year 2016, a 4 percent increase compared to the year before.
Petrobras suspends charter payments for ‘Arendal Spirit’
Brazilian oil company Petrobras has suspended charter payments for the Arendal Spirit flotel, owned by Teekay Offshore Partners. This was revealed by Teekay on Thursday in its financial report. Teekay said the Arendal Spirit experienced an operational incident relating to its dynamic-positioning sys
Chevron starts work on Gorgon second development phase
US-based energy giant Chevron said work has begun on further development at the Gorgon LNG project on Barrow Island offshore Western Australia. “Future development phases at the Chevron-operated Gorgon project have always been anticipated to maintain gas supply,” Chevron spokesman told LNG World New
European Offshore Wind Breaks Generation Record
On 22 February, offshore wind turbines in Europe generated 218GWh and thus broke the offshore wind generation record.
Second Race Bank OSS Ready to Go
The topside and jacket of the second substation for the Race Bank offshore wind farm have been loaded onto a pontoon in Hoboken, Belgium, according to Seacontractors’ latest social media post.
Kosmos, BP firm ties on West African LNG project
Kosmos Energy received governmental approval and completed the $916 million farm-out of assets in the Mauritania-Senegal basin to BP.
Teekay in Yemen LNG charter payment deferral, says to take delivery of third MEGI tanker soon
Teekay LNG, one of the world’s largest operators of liquefied natural gas tankers, said Thursday its joint venture with Marubeni has agreed to a further deferral of the charter payments for the two LNG carriers serving the closed Yemen liquefaction plant. Teekay LNG owns a 52 percent interest in the
MV Siddis Mariner to Soon Replace MV Siem Marlin at BARD Offshore 1
Ocean Breeze Energy will replace MV Siem Marlin, the vessel currently in service at the BARD Offshore 1 wind farm, with MV Siddis Mariner in the first quarter of 2017, according to Siem Offshore Contractors (SOC), the owner of the two vessels.
MV Siddis Mariner to Soon Replace MV Siem Marlin at BARD Offshore 1
Ocean Breeze Energy will replace MV Siem Marlin, the vessel currently in service at the BARD Offshore 1 wind farm, with MV Siddis Mariner in the first quarter of 2017, according to Siem Offshore Contractors (SOC), the owner of the two vessels.