BG Egypt signed a tie-in agreement with BP Egypt and RWE DEA that will enable the increase of the supply of energy to the Egyptian domestic network through the utilization of BG Egypt’s comprehensive infrastructure. Libra and Taurus fields, located largely within BP/RWE Dea’s North Alexandria Conces
BG Egypt signed a tie-in agreement with BP Egypt and RWE DEA that will enable the increase of the supply of energy to the Egyptian domestic network through the utilization of BG Egypt’s comprehensive infrastructure. Libra and Taurus fields, located largely within BP/RWE Dea’s North Alexandria Conces
Malaysian offshore support vessels builder Nam Cheong has received orders for two vessels worth approximately US$58 million to two repeat customers. A 200-men Accommodation Work Vessel (“AWV”) has been ordered by a subsidiary of a repeat customer, SGX Mainboard listed Marco Polo Marine Ltd (“MPML”)
Following the ”Joint Statement on Protection at Sea in the Twenty-First Century,’‘ several United Nations agencies have agreed to establish a mechanism to enhance existing inter-agency communication with respect to the maritime aspects of mixed migration by sea. The intention is that the mechanism w
Chemical tanker shipping faces another challenging year of falling freight rates in 2015 but the trade is expected to recover next year, according to Drewry’s latest edition of the Chemical Forecaster. Seaborne trade in chemicals and associated products fell by 1.2% in volume terms in 2014. Drewry a
The Iranian Navy foiled a pirate attack targeting a Filipino-flagged cargo ship on Sunday, March 8th while the ship was sailing in the Sea of Oman. Panama-Gade’s crew requested assistance from the Iranian Navy’s 33rd flotilla having been approached by an armed group of pirates in motorboats. The shi
After plunging to unprecedented low levels at the beginning of the year, the Baltic Dry Index is en route for recovery based on the latest figures. Namely, the BDI stood at 565 points last week.The rebound has been driven by strong vessel demand from the sector, Reuters reports, pushing daily rates
Qatargas has recently shut it natural gas liquefaction train 4 for scheduled maintenance.
Qatargas has recently shut it natural gas liquefaction train 4 for scheduled maintenance.
Drydocks World has been awarded the contract from Kvaerner to carry out the fabrication of components on the Johan Sverdrup Riser Platform Jacket for end-user Statoil, to be located in the Norwegian sector of the North Sea. Kvaerner won contract from Statoil in January and Drydocks World will carry
The most read article at Offshore Energy Today this past week was the one on BW Offshore recovering bodies of three Brazilian workers who went missing after an explosion on an FPSO in Brazil, on February 11, 2014. The final death toll from this incident stands at nine. The second most popular articl
Despite great strides made by the international women’s rights movement over many years, women around the world are still facing restrictions in the energy industry; specifically within oil & gas. 440,000 people in the UK employed within the energy sector, only 3.7% were female. Undoubtedly the oil
South Korea and Saudi Arabia have inked a maritime trade deal in Riyadh during South Korean President Park Geun-hye’s two day visit to the country. The deal, signed on Tuesday, paves way for ensuring a safe and steady supply of oil to South Korea from the Middle East country, Yonhap news agency info
ADGAS of Abu Dhabi is planning to shut down two LNG production trains at its liquefaction plant on Das Island for maintenance.
