News
Lenders won’t extend Trinity’s debt payment deadline. Shares suspended
London-listed Trinity Exploration and Production, an independent E&P with offshore and onshore assets in Trinidad and Tobago, might be forced to pay its $13 million debt, as its lenders would not provide further extensions to the payment deadline. Namely, following numerous extensions to the morator
100 Turbines Up at Gemini
Van Oord has installed the 100th turbine at the 600MW Gemini offshore wind farm off the coast of the Netherlands. The installation of the 150 4MW Siemens turbines started in February 2016 when Van Oord’s offshore installation vessel, Aeolus, transported the first six turbines from the port of Esbjer
Qatar’s Nakilat posts higher H1 profit
Qatar’s Nakilat, the world’s largest LNG shipper, said its net profit rose 2 percent in the first half of this year as compared to the same period a year ago. The LNG shipping giant posted a net profit of 501 million riyals (US$138m) for the first half, compared to 491 million riyals in 2015. Earnin
ERSG to Support DONG Energy’s Danish OWFs
DONG Energy has chosen ERSG to provide contract professionals to support its Danish offshore wind farm projects over the next 5 years. Nigel Wilson, Head of Offshore Wind at ERSG said: “We are delighted to have been selected once again by DONG Energy to staff their Danish projects and my account man
VIDEO: Offshore Energy technical sessions. What to expect?
Offshore Energy Exhibition and Conference is this year organizing several technical session covering a plethora of subjects interesting to worldwide energy professionals. During the sessions, attendees will learn about, and discuss a range of topics on offshore oil and gas, offshore wind, tidal and
IEA sees rise in global oil supplies in June
Global oil supplies rose by 0.6 mb/d in June, to 96 mb/d, after outages curbed OPEC and non-OPEC supplies in May, while production was 750 kb/d below as higher OPEC output only partially offset non-OPEC declines, International Energy Agency (IEA) has informed in its Oil Market Report for July. IEA s
Canada to Modernize Port Saint John’s Westside Terminals
The governments of Canada and New Brunswick are providing more than CAD 136 million (USD 105.1 million) in funding to modernize Port Saint John’s Westside terminals. The project involves upgrading and consolidating the Rodney and Navy Island terminals to allow the port to accommodate larger vessels.
BOEM Updates Fishing Industry on Atlantic Offshore Wind Projects
The US Bureau of Ocean Energy Management (BOEM) has set up a new webpage that serves as a single point of entry for updates on Atlantic offshore renewable energy planning and leasing efforts. The webpage, dedicated to the commercial fishing industry, will provide users with status updates, charts an
BOEM Updates Fishing Industry on Atlantic Offshore Wind Projects
The US Bureau of Ocean Energy Management (BOEM) has set up a new webpage that serves as a single point of entry for updates on Atlantic offshore renewable energy planning and leasing efforts. The webpage, dedicated to the commercial fishing industry, will provide users with status updates, charts an
Industry majors unite to back LNG as marine fuel
An industry-wide coalition named SEALNG has been formed to accelerate the use of liquefied natural gas as a marine fuel.
Pilot Boat Hits LNG Carrier, Three Crew Injured
Three crewmembers were injured when the pilot vessel St Davids made hard contact with the 155,159 dwt LNG carrier Lijmiliya during a routine transfer of pilot operation in UK’s Port of Milford Haven. The incident, which occurred in the early hours on July 10, resulted in three of the five Port of Mi
EIA: US to become net natural gas exporter in second half of 2017
The United States is expected to become a net exporter of natural gas during the second half of 2017 as pipeline exports to Mexico continue to rise and Sabine Pass LNG ramps up capacity, according to the Energy Information Administration (EIA). Natural gas pipeline exports to Mexico have risen this
Robbers Strike Again in Indonesian Anchorage
A number of robbers boarded an anchored Indian-registered bulk carrier, Vishva Nidhi, unnoticed and escaped with ship’s properties on July 10, according to data from the International Maritime Bureau’s Piracy Reporting Centre (IMB PRC). At the time of the incident, the 57,144 dwt bulker was anchored
Marine Institute Consulting Public on New Galway Bay Lease
The Marine Institute will host a third public information meeting on the Galway Bay Marine and Renewable Energy Test Site on 21 July. The meeting is part of the public consultation to ensure full information is provided on the Marine Institute’s foreshore lease application to upgrade test and demons