News
Port Everglades Posts Record December Box Throughput
Following the introduction of new container shipping services at Florida’s Port Everglades, the port had a record-setting month in December 2016. With 104,590 TEUs moved through Port Everglades, this was the highest producing month in the port’s nearly 90-year history and a 15 percent rise over Dece
All 5 Block Island Wind Farm Turbines Now Spinning
The fifth turbine at the Block Island Wind Farm, which had not gone online with the four that started commercial operation in mid-December 2016, is now operational, and America’s first offshore wind farm is now running at full capacity.
Statoil’s earnings drop
Norwegian energy giant and LNG operator Statoil reported a 58 percent drop in its adjusted operating profit for the year 2016.
Advertorial: Online Foreclosure Auction ‘ABIS Esbjerg’
By BVA-Nautic The heavy-lift motor sea vessel named “ABIS Esbjerg” will be auctioned online by BVA-Nautic.com, Europe’s largest online auctioneer to auction boats, ships and (seagoing) vessels. The forced auction will be held by order of Bank Gospodarstwa Krajowego (Poland). The auction will be held
BP turns to profit in 2016
UK-based energy giant and LNG player, BP reported a slight net profit for 2016, recovering from heavy losses the company logged the previous year. BP posted a profit of $115 million, compared with the headline loss of $6.5 billion reported for 2015. Theses figures included a total of $4 billion non-
FPSO P-66 Heads to Lula Field Off Brazil
Keppel Offshore & Marine (Keppel O&M) has, through BrasFELS shipyard, delivered the FPSO P-66 to Tupi BV, a consortium formed by Petrobras, BG E&P Brasil and Petrogal Brasil. P-66 departed the shipyard on February 04, 2017, to be deployed in the Lula Sul field, Santos Basin, Brazil. BrasFELS was eng
SCPA Monthly Box Volume Reaches All-Time High
South Carolina Ports Authority (SCPA) reported an all-time record container volume of 185,018 TEUs handled in January 2017. As measured in pier containers or total box volume, SCPA handled 104,792 boxes last month, surpassing the previous record of 104,003 containers handled in May 2015. Container v
Heriot-Watt Develops Robotics Solution for Offshore Wind Farms
A collaboration between colleagues from Heriot-Watt’s Ocean Systems Laboratory and the Smart Systems Group has secured funding to deliver a human-robotics hybrid solution for the maintenance and operation of offshore wind farms. The Heriot-Watt team, which includes Dr David Flynn, Dr Keith Brown and
Peru ships its first LNG cargo to UK
The UK is set to receive ist first cargo liquefied natural gas (LNG) from Peru.
UNH Gets Grant to Expand Marine Research
University of New Hampshire will expand its work in ocean exploration with the construction of a new wing at the Chase Engineering Laboratory to support bachelor’s degree in ocean engineering and faculty research. The expansion is available thanks to a $3 million gift from an anonymous alumnus, UNH
Renewable firm forges alliance to target O&G market
Renewable energy company Ocean Power Technologies (OPT) and HAI Technologies have formed an alliance which will focus on the offshore oil and gas sector. OPT said on Monday that the duo would pursue mutual opportunities through a joint applications development and marketing agreement targeting oil a
Interview: Global offshore rig fleet worth $56.6 billion
VesselsValue, a website providing intel on offshore and shipping world including the valuations of the various kinds of vessels, has now expanded its coverage to offshore drilling rigs. Offshore Energy Today has interviewed VV’s Head of Offshore Miles Cole to learn more about the service, how they
DW: O&G operators to shift away from troubled deepwater areas
Hydrocarbon production from the ‘Golden Triangle’ will peak in 2019 due to the lack of projects sanctioned in recent years, the energy intelligence group Douglas-Westwood said in its DW Monday report. The Golden Triangle incorporates the deepwater (>500 m water depth) plays of Brazil, the U.S. Gulf
India’s JSW mulls LNG investment
Indian billionaire Sajjan Jindal’s steel-to-power JSW Group is reportedly planning to invest in liquefied natural gas (LNG). JSW is aiming to invest into an LNG regasification plant, according to a report by India’s Business Standard. The move comes days after India, the world’s fourth-largest buyer