News
Putin not ruling out extension of oil production cut deal
Russian president Vladimir Putin is not ruling out a possible further extension of the agreement between OPEC and Non-Opec nations to cut oil production once the deal expires in March 2018. In a speech on Wednesday, during the Russian Energy Week event, Putin said that the deal Russia, other countri
SGMF, LNG MFI to jointly promote LNG as fuel
The Society for Gas as a Marine Fuel (SGMF) signed a memorandum of understanding with Australia’s LNG MFI to jointly promote the use of liquefied natural gas as fuel.
Two Injured in Explosion on Dredger off Cornish Coast
Two people have been injured earlier today in an explosion that occurred on board a dredging vessel some two nautical miles South of Dodman Point, Cornwall. “Just before 1pm today, UK Coastguard received a call from a dredging vessel reporting that they’d had an explosion on board. It is believed th
Anadarko reshuffles management team
Woodlands-based Anadarko, the developer of the giant Mozambique LNG project, announced on Wednesday several changes to its leadership structure. Since the beginning of 2015, Anadarko has sold nearly $7.5 billion of non-core assets in order to reposition and focus its business to deliver better retur
Oleg Strashnov Leaves Beatrice Site, Stanislav Yudin to Pick Up Jacket Installation
The installation of jacket foundations at the Beatrice offshore wind farm is now suspended as Seaway Heavy Lifting’s vessel Oleg Strashnov left the site on 2 October and Stanislav Yudin’s re-mobilisation for the work is awaited.
Semco Maritime to Open Office in Grimsby
Following media reports that Danish-based Semco Maritime will open an office in Grimsby, Offshore WIND contacted the company who confirmed and said the opening reception will be held on Thursday, 12 October, in Grimsby.
EMGS’ Vessel Utilization Increases
Electromagnetic Geoservices ASA (EMGS) has seen vessel utilization for the third quarter 2017 at 77% compared with 52% for the third quarter 2016. In the third quarter of 2017, the company had one vessel in operation. This vessel was allocated 72% to multi-client projects and 5% to a funded research
Mukran Port Receives Arkona Subsea Cable
Approximately 76 kilometres of subsea cable for the 385MW Arkona offshore wind farm has arrived to the basis station of Mukran Port on Rugen island.
Mukran Port Receives Arkona Subsea Cable
Approximately 76 kilometres of subsea cable for the 385MW Arkona offshore wind farm has arrived to the basis station of Mukran Port on Rugen island.
Wartsila scores Hamina LNG terminal gig in Finland
Finland’s Wärtsilä has been awarded a turn-key contract with Hamina LNG to supply a liquefied natural gas receiving terminal to be built in the port of Hamina. The contract scope includes site and civil works and a storage tank with a combined net volume of 30,000 cbm. The work also includes regasif
Parkwind Invests in Irish Offshore Wind Farm Project
Belgium-based offshore wind farm developer Parkwind has agreed an investment to become a strategic partner in the proposed 330MW Oriel offshore wind farm project in the North Irish Sea.
Operations at Barcelona, Tarragona Ports Hit by Catalonia Strike
The strikes being staged in Catalonia following the Spanish government’s crackdown on voters of Sunday’s independence referendum in Catalonia is affecting operations at Spanish ports of Barcelona and Tarragona. Workers in Catalonia took to the streets protesting the violence of the country’s police
Volvo launches new LNG trucks
Sweden-based Volvo Trucks introduced new Euro 6-compliant heavy-duty trucks running on liquefied natural gas (LNG) or biogas. According to a Volvo Trucks statement, the Volvo FH LNG and Volvo FM LNG trucks are able to reduce carbon dioxide (CO2) emissions by 20 to 100 percent. This relates to emissi
Shell cancels $900M offshore assets sale in Thailand
Shell will not be selling its Thai assets to Kuwait’s KUFPEC, as the two companies have mutually agreed to cancel the previously agreed deal. The Anglo/Dutch oil giant on Wednesday said that its subsidiary, BG Asia Pacific, and KUFPEC Thailand , a subsidiary of Kuwait Foreign Petroleum Exploration C