News
Puerto Rico Expects Record-Breaking Cruise Season
Puerto Rico is on its way to break cruise passenger records for the second time in three years, according to Puerto Rico Tourism Company. The island’s port of San Juan posted record passenger numbers in 2015 with the arrival of 1.5 million passengers. The port now expects to break that record in the
Cheniere to acquire Cheniere Partners
Houston-based LNG player, Cheniere Energy, made an offer to the board of directors of Cheniere Energy Partners to acquire the publicly held shares of the partnership not already owned by Cheniere in a stock for stock exchange.
IOG pondering next step as Skipper appraisal bears a surprise
Independent Oil & Gas (IOG), a company working to develop its Skipper oil discovery in the UK sector of the North Sea, has shared mixed results of its first operated appraisal well there. The appraisal well was completed and, IOG says, it achieved its primary objective of retrieving oil samples from
First edition of Offshore Energy Opening Gala Dinner and Awards Show almost sold out!
Offshore Energy’s Opening Gala Dinner and Awards Show on Monday the 24th of October 2016 has almost sold out. The offshore energy industry is curious to find out who the winners of the Offshore Energy Awards 2016 will be. Only a few Table Sponsor packages are left. Individual tickets can still be bo
Angola heli crash: Tenaris worker identified
Local authorities in Angola have confirmed that a field service specialist employed by Tenaris, a multinational manufacturer, and supplier of steel pipes to the oil and gas industry, died as a result of Monday’s helicopter crash. The company said earlier this week that one of its workers might have
DW: Struggle ahead for offshore oilfield services. Onshore picking up from 2017
Offshore oilfield services companies are set for a long and bumpy road ahead, Douglas-Westwood, an energy consultancy, said in its recent report. As for the onshore oilfield services, DW feels the sector has reached its nadir, and it is expected to start recovering. As said above, DW’s projection fo
CLIA: Record Number of Cruise Ships to Visit Australia
Australia will welcome a record number of cruise ships this summer, with more than 40 vessels sailing in local waters, Cruise Lines International Association (CLIA) said. A record 41 ships from CLIA member cruise lines will be based in Australia or visiting local waters between October 1, 2016, and
Weatherford to pay $140M penalty over accounting fraud
Oil services company Weatherford has agreed to pay a $140 million penalty to settle the U.S. Securities and Exchange Commission (SEC) claims that it inflated earnings by using deceptive income tax accounting. The agency stated on Tuesday that two of the company’s senior accounting executives at the
IOTC meets OEEC
Another important company will be present during Offshore Energy Exhibition and Conference (OEEC): Iranian Oil Terminals (IOTC), who are responsible for exporting more than 90 percent of Iran’s Crude Oil. IOTC CEO Mr. Mousavi plus two of his deputies will pay a visit to the exhibition and conference
Cluff Natural Resources gains nod for North Sea license pair
London-based Cluff Natural Resources has received all the regulatory approvals required to complete the cross-assignment of equity positions in two contiguous license areas in the Southern North Sea with Simwell Resources and Burgate E&P. Cluff announced the decision to combine the equity position a
North Sea Wind Feeds German Grid with 5.18TWh in H1
In the first half of 2016, German wind power generation amounted to 41.1TWh with a significantly increased share of offshore wind, according to TenneT. TenneT transmitted 5.18TWh of wind power from the North Sea in the first six months, which is 2.3 times as much as in the same period of 2015 when 2
Robbers Fire Upon Crew aboard Anchored Boxship
Six robbers armed with guns boarded and fired upon the duty crew onboard an anchored containership while the vessel was at the Conakry Anchorage in Guinea, according to the International Maritime Bureau’s (IMB) piracy reporting center. The Master activated the SSAS alert, raised the alarm and locked
Golar LNG Partners makes board changes
Golar LNG Partners, a limited partnership formed by Golar LNG, said, Doug Arnell stepped down from the Partnership’s board of directors.
MOL secures funds for LNG carrier business
Mitsui O.S.K. Lines on Friday said it has secured a 100 billion Japanese Yen (approximately Us$987 million) hybrid loan as part of the restructuring of its financial base.