News
Seatools Bags Beatrice OWF Deal
Seaway Heavy Lifting has contracted Dutch subsea technology company Seatools as the provider of a piling template instrumentation and control system for the Beatrice offshore wind project. Seatools is in charge of the complete mechanical, electric, hydraulic, and software design of the piling templa
Perisai working on alternatives after noteholders reject its proposal
Malaysian offshore services provider Perisai Petroleum is working on alternatives after noteholders rejected its debt restructuring plan. Persai had hoped to receive waivers for the non-payment of principal interest for S$125 million notes due on October 3 and was hoping it would be able to defer th
New Cruise Pier Inaugurated at Piraeus Port
On October 3, 2016, a new cruise pier, Pier Saint Nikolaos, was inaugurated in the Greek port of Piraeus. The project was built with caissons and provides additional 284 meters of berthing space for vessels with a draught of up to 11 meters. The land area occupies 8,415 square meters. The upgrade al
Report: Thai PTT nearing new LNG supply deal with Shell, BP
PTT of Thailand is reportedly set to sign a liquefied natural gas supply contract with Shell Eastern Trading and BP Singapore before the end of the year.
FERC invites comments on Driftwood LNG
The United States Federal Energy Regulatory Commission (FERC) on Monday said it will prepare the environmental impact statement for the proposed Driftwood LNG project.
Keppel acknowledges ‘suspicious’ transactions in Brazil
Keppel, Singapore’s builder of offshore drilling rigs, has acknowledged it might have been involved in a bribery case in Brazil, and that its former agent in the country might have acted “suspiciously”. To remind, Zwi Skornicki, an employee of Eagle do Brasil which was the agent of Keppel FELS in Br
Investment Agreement Signed for Anaklia Deep Sea Port
The Government of Georgia and the Anaklia Development Consortium (ADC) signed an investment agreement for the construction and operation of the USD 2.5 billion Anaklia Deep Sea Port in the Black Sea Region. Under the agreement, the country’s government grants the ADC, comprised of TBC Holding from G
Fitzgerald named Progress Energy CEO as Culbert retires
Progress Energy, the Canadian unit of Petronas informed that Michael Culbert will step down from his position as president and CEO of the company effective October 31, 2016, as he begins to transition into retirement.
BP provides Clair oil spill volume estimate
British oil company BP has provided an estimate of the amount of oil spilled into the sea from the Clair platform in the North Sea on Sunday. In an update on Monday afternoon, BP said that the most likely volume of oil to sea has been calculated from platform data “as around 95 tonnes.” The [&hellip
Gazprom, Snam talk gas cooperation
Head of Russian gas giant Gazprom, Alexey Miller met on Monday in St. Petersburg with Marco Alvera, CEO of Italy’s Snam. The two executives discussed the future development of the European gas infrastructure and potential areas of cooperation, Gazprom said in a brief statement. Snam specializes in t
BW Group names new CFO
Singapore-based BW Group on Tuesday said it has named Jakob Bergholdt as the company’s CFO.
UK: Union urges gov’t to address North Sea job crisis
The UK government must take steps to tackle the crisis facing British shipping and seafarers as a consequence of the downturn in the North Sea, general secretary for the trade union Nautilus International, Mark Dickinson, told the union’s UK branch conference on Tuesday. Opening the meeting in Cardi
Iranian natural gas exports in H1 hit 4 bcm
Gas exports from Iran have reached almost 4 billion cubic meters in the first half of the Iranian calendar year that started on March 20.
Funding call for Gulf of Mexico oil spill research
The Gulf of Mexico Research Initiative (GoMRI), scheduled to complete its work in 2020, has released a new $65 million funding call for research proposals. GoMRI is an organization that supports research directed at improving the understanding of the effects of oil spills on the environment and peop