News
Study: Maritime Industry Needs Better Data Sharing and Collaboration, But Change Is Coming
The maritime industry and broader ocean supply chain are suffering from major and costly inefficiencies due to ineffective data sharing and poor cross-industry collaboration, a new report and industry survey released by the Business Performance Innovation (BPI) Network in coordination with Navis and
Britain’s reliance on imported gas to jump as giant storage site axed
Britain is set to lose its largest natural gas storage site, increasing the country’s reliance on imported energy, after British Gas owner Centrica, said it would close its ageing Rough facility.
Industry Calls for Standardised UK-Dutch Offshore Working Practices in Southern North Sea
Standardised working practices, regulations and shared resources for the UK and Netherlands would bring much needed savings and operational excellence in the “small basin” of the Southern North Sea, industry experts were told.
M-Tech Offshore Acquires Cable Laying Vessel
M-Tech Offshore, the Danish joint venture company owned by NT Offshore and Maritech International, has acquired the CLV SIA cable laying vessel from CT Offshore. The recently upgraded DP-2 cable laying vessel, has been configured for worldwide inter-array and subsea power cable installations and mai
Woodmac: Centrica’s Rough closing ‘leaves a big hole’
Following Centrica Storage’s Tuesday announcement that it would not reopen its 3.4 bcm Rough storage facility, Wood Mackenzie, an energy intelligence group, has said it is no surprise, given the commercial reality of the current gas storage market in the UK and wider NW European market. Centrica’s a
Norway offers 93 Barents Sea blocks in 24th licensing round
Norway’s Ministry of Petroleum and Energy has launched the 24th licensing round on the Norwegian Continental Shelf. The licensing round includes a total of 102 blocks. Nine blocks are located in the Norwegian Sea and 93 in the Barents Sea. The aim is to award new production licenses during the first
Picture of the day: Dunkirk LNG terminal
In today’s “Picture of the day” we bring you an artistic black and white photo of France’s Dunkirk LNG import terminal taken from a beach nearby the EDF-operated facility in the port of Dunkirk. Dunkirk LNG terminal, one of Europe’s newest LNG import facilities, started commercial operations on Janu
LNG Croatia expects FID in early 2018
LNG Croatia, the company developing the liquefied natural gas project on the island of Krk, expects to make a final investment decision in early 2018 as open season unveils a strong interest in the project.
Norway getting offshore supply vessel giant on Thursday
Major Norwegian offshore vessel owners are set to complete the previously announced merger, with the new merged, company expected to start trading on the Oslo Exchange on Thursday. The merger, between Deep Sea Supply, Farstad Shipping, and Solstad Offshore will create Solstad Farstad, a new OSV play
Italy: Snam discussing purchase of Edison’s stake in Adriatic LNG
The Italian natural gas transmission system operator, Snam, has reportedly kicked off talks with Edison, EDF’s Italian unit, to purchase a share in Adriatic LNG.
EMO Hired for Marine Coordination at EnBW’s German OWF Duo
Emden-based EMS Maritime Offshore (EMO) will provide maritime coordination during construction of EnBW’s Hohe See and Albatros offshore wind farms in the German North Sea.
EMO Hired for Marine Coordination at EnBW’s German OWF Duo
Emden-based EMS Maritime Offshore (EMO) will provide maritime coordination during construction of EnBW’s Hohe See and Albatros offshore wind farms in the German North Sea.
EU Commission approves Russian LNG services JV
The European Commission on Tuesday cleared the formation of a joint venture that will provide engineering and design services for liquefied natural gas (LNG) projects in Russia. The joint venture partners are Russia’s NIPIgaspererabotka, controlled by SIBUR group, UK-based TechnipFMC and Germany’s L
McDermott takes over Oceanteam’s pipe lay vessel
Offshore service provider Oceanteam has completed the sale of its remaining 25 percent stake in vessel-owning company North Ocean 105 AS to joint venture partner McDermott. To recall, McDermott already held 75 percent stake in the vessel-owning company when Oceanteam in January decided to sell the r