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Fossil EnergyClean FuelShipbuildingGreen Marine
Goliat field support vessel to switch to hybrid power
News

Goliat field support vessel to switch to hybrid power

Eni Norge and Simon Møkster Shipping have reached an agreement to ensure reductions in fuel consumption of the Stril Barents vessel.

about 7 years ago
Ocean Network Express considering LNG as fuel
News

Ocean Network Express considering LNG as fuel

Singapore-headquartered Ocean Network Express (ONE) is considering the use of liquefied natural gas (LNG) as fuel in order to comply with IMO regulations, coming into force on January 1, 2020.

about 7 years ago
Korean Court Orders MHI to Pay WWII Forced Labor Compensation
News

Korean Court Orders MHI to Pay WWII Forced Labor Compensation

MHI ordered to compensate South Koreans who were forced to work for MHI predecessor during WWII.

about 7 years ago
Shell still expects to launch Prelude FLNG production this year
News

Shell still expects to launch Prelude FLNG production this year

Shell’s giant Prelude floating liquefied natural gas (FLNG) facility located offshore Western Australia is still expected to produce its first cargo by the end of this year. “We continue to progress Prelude towards operations with safety and quality being our main focus. We expect to see production

about 7 years ago
Rystad: OPEC+ must cut 2019 supply growth or wave goodbye to short term recovery
News

Rystad: OPEC+ must cut 2019 supply growth or wave goodbye to short term recovery

The OPEC + countries must cut 2019 supply growth by 1.5 million bpd if they want oil prices back above $70 next year.

about 7 years ago
Australia: Gladstone LNG exports jump in November
News

Australia: Gladstone LNG exports jump in November

LNG exports from the three liquefaction plants located on Curtis Island offshore Gladstone totaled 1.92 million tons in November reaching the second highest volume since exports from Gladstone kicked off in 2015.

about 7 years ago
Iran’s President: No Oil Will Be Exported from the Gulf, if Iranian Exports Are Halted
News

Iran’s President: No Oil Will Be Exported from the Gulf, if Iranian Exports Are Halted

Rouhani: If the U.S. wants to stop our oil sales, no oil will be exported from the Persian Gulf.

about 7 years ago
Golden Energy to take over vessel management company
News

Golden Energy to take over vessel management company

Golden Energy Offshore Services has entered into a term sheet with Golden Energy Offshore Management Holdings AS (GEOMH) for the possible acquisition of Golden Energy Offshore Management AS (GEOM).

about 7 years ago
Shipowners Welcome Push toward European Maritime Single Window Environment
News

Shipowners Welcome Push toward European Maritime Single Window Environment

ECSA, WSC welcome the adoption of a General Approach on the proposal for a European Maritime Single Window.

about 7 years ago
Three commodity traders in race for Pakistan LNG cargo tender
News

Three commodity traders in race for Pakistan LNG cargo tender

Trading companies Gunvor International, Trafigura and Vitol Bahrain have qualified for a tender to supply Pakistan with three liquefied natural gas (LNG) cargoes in January and February. State-owned company Pakistan LNG said on Wednesday in a tender document it received 11 bids in total. The financi

about 7 years ago
Texo selects Port of Blyth as location for new facility
News

Texo selects Port of Blyth as location for new facility

UK’s Port of Blyth will soon be welcoming another new client to its offshore energy hub.

about 7 years ago
Update: Pirates board offshore vessel in Nigeria
News

Update: Pirates board offshore vessel in Nigeria

An offshore vessel was reportedly attacked and boarded by pirates on Tuesday while on its way to an FPSO offshore Nigeria.

about 7 years ago
IHS Markit to floating rig owners: Curb your enthusiasm!
News

IHS Markit to floating rig owners: Curb your enthusiasm!

Following several years of depressing market conditions, offshore rig owners have started showing optimism about the market outlook, encouraged by a recent rise in oil prices and the expectations that the oil majors must start spending more on exploration after years of underinvestment.

about 7 years ago
DNO questions the value of Faroe’s asset swap deal with Equinor
News

DNO questions the value of Faroe’s asset swap deal with Equinor

DNO is questioning the value of Faroe’s Norwegian asset swap deal with Equinor amid recent hostile takeover attempt it had launched for Faroe.

about 7 years ago
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