News
VIDEO: Jaxport’s New Electric Cranes Move First Boxes
Jacksonville Port Authority’s (Jaxport) new 100-gauge cranes have begun operations at the newly rebuilt Berth 35 at Blount Island Marine Terminal. On December 9, 2016, stevedores used two of the three cranes to move containers from Maersk Line’s Sea-Land Comet. The electric cranes, which arrived at
Husky Energy to boost spending next year
Canadian energy company Husky Energy will boost its capital expenditure program for 2017 as it had sanctioned several new projects. In addition, Husky will increase production next year compared to 2016 levels. In its 2017 production guidance and capital program revealed on Tuesday, the energy compa
Eni, Sonatrach pen gas deal
Italian energy firm Eni has signed a renegotiated gas deal with Algerian Sonatrach for the year 2016/2017. According to Eni, which buys natural gas from Algeria, the deal has been made for commercial terms in accordance with the relevant gas market. The company did not go into details on the terms o
InterOil, ExxonMobil extend takeover deadline
InterOil and ExxonMobil have agreed to extend the deadline for the closing date for the latter’s $2.5 billion takeover of the Papua New Guinea-focused player.
Obama bans drilling in Bering Sea
Barack Obama, the outgoing U.S. president, has closed off more Arctic acreage for offshore oil and gas exploration. The Obama administration in November removed the Beaufort and Chukchi Seas, offshore Alaska, from the proposed 2017-2022 offshore oil and gas lease sale program, and the president has
Senvion Picks Buss Orange Blue Terminal for Nordsee One
Buss Orange Blue Terminal and Senvion have signed an agreement for the Nordsee One offshore wind farm, under which Buss will take care of planning, transport and interim storage on the terminal premises to pre-assembly and subsequent delivery of the components to the quayside. From February 2017, a
Trump picks Exxon chief Tillerson as secretary of state
By Steve Holland WASHINGTON (Reuters) – President-elect Donald Trump announced Exxon-Mobil Corp’s Rex Tillerson as his choice for secretary of state on Tuesday, praising the business leader as a successful international dealmaker who has led a global operation. Tillerson’s experience in diplomacy st
JDR Inks EOWDC Cable Deal
VBMS, part of Boskalis, has awarded JDR with a contract for the supply of 66kV inter-array and export cables for Vattenfall’s European Offshore Wind Deployment Centre (EOWDC). JDR will supply more than 20 kilometres of inter-array and export cables, including the first deployment of its 66kV technol
South Korea ups November LNG imports
South Korea, the world’s second-largest buyer of LNG, boosted its imports of the chilled fuel by 26.9 percent in November year-on-year, according to the customs data. The country imported 3.42 million mt of LNG in November, as compared to 2.69 million mt in the corresponding month last year. South K
Qatar’s oil output cut starts in January
In line with OPEC’s recent agreement to cut output to stabilize oil prices, Qatar’s oil production levels will be reduced effective January 1, 2017, Qatar’s state-owned oil company, Qatar Petroleum, said on Tuesday. Qatar Petroleum President and CEO, Saad Sherida Al-Kaabi, said: “This decision comes
EC Asked to Revise Directive on Seafarers
European Community Shipowners’ Association (ECSA) and European Transport Workers’ Federation (ETF) are requesting the European Commission to amend the Agreement Directive on seafarers’ right to decent conditions of work. Adopted in 2009, the directive reflected the International Labour Organisation’
Norway’s new licensing round focuses on Barents Sea
Norwegian Ministry of Petroleum and Energy on Tuesday launched its annual licensing round for pre-defined areas (APA 2017), offering access to up to 87 new areas to oil and gas companies. The country’s annual licensing round is focusing on the mature areas of the Norwegian continental shelf that are
Chevron says Gorgon Train 1 still offline
Production is still shut at the first liquefaction train of Chevron’s giant Gorgon LNG plant on Barrow Island offshore Western Australia. To remind, Chevron halted production at the Gorgon Train 1 about two weeks ago. “Production from Gorgon LNG Train 1 remains on hold while we address some recent p
Bibby Wavemaster 1 Taking Shape, Launch Planned for Spring
Damen Shipyards Galati has completed the bow of Bibby Wavemaster 1, the first ever Damen Service Operations Vessel (SOV) ordered by Bibby Marine Services, and moved it from the covered shed to alongside the quay from where the SOV will be launched. The vessel is being built in two main sections. The