News
Meriaura Group Introduces Eeva VG EcoCoaster
In December 2014, the Finnish Meriaura Group entered into a contract with Dutch shipyard Royal Bodewes for the construction of two 4,700 dwt VG EcoCoasterTM general cargo vessels. The delivery of both vessels was scheduled for autumn 2016: first Eeva VG, and, approximately three months later, the se
Are UK ports ready to accept decommissioned rigs? Not yet, law firm says
Enhanced Government support and following through on Budget promises are needed if UK industry is to cash in on multi-billion-pound decommissioning projects in the North Sea, Pinsent Masons, a UK law firm says. In a statement on Monday, the company said that Scottish ports were also at risk of losin
EU Urged to Include Shipping Emissions in 2030 Climate Target
Members of the European Parliament have urged Europe to include shipping emissions in the 2030 emissions reduction target through a maritime climate fund, in response to the decision by International Maritime Organization (IMO) to prolong any decision on a global agreement to cut emissions from ship
Increasing Offshore Wind Activity to Fire Up Specialist Vessel Demand
Increased investment in the offshore wind sector could spur demand for specialist vessels, according to Clarksons Research. Bigger turbines and wind farms to be built in deeper waters are likely to drive a need for new, larger wind turbine installation vessels (WTIVs), after investment in WTIVs reac
Statoil committed to ‘Verbier’ drilling
Norwegian oil company Statoil has committed to drill an exploration well in the Licence P.2170, in the UK sector of the North Sea. The news has been revealed by Jersey Oil & Gas, Statoil’s partner in the offshore block, which holds an 18 percent stake there. According to Jersey Oil & Gas Statoil, as
Fincantieri in Vard takeover bid
Italian shipbuilder Fincantieri is making a swoop for Vard Holdings Limited, a company building offshore support vessels for the oil and gas industry. Singapore-listed Vard, constructing offshore and specialized vessels, has around 9,000 employees and nine shipyards in Norway, Romania, Brazil and Vi
Subsea Asia, OSEA 2016 Partnership Offers Opportunities for UK Firms
Subsea Asia 2016 is set to offer more opportunities for UK businesses to establish links in the region as the event moves to a four-day exhibition running alongside OSEA 2016 International Conference, Subsea UK informed. Subsea Asia provides a platform for suppliers in the subsea industry to meet po
Popular news, November 7 – 13, 2016
The unexpected has happened. Donald Trump will be the next president of the United States of America.
Top news of the week November 7-12
FID reached on Woodfibre LNG project in Canada Woodfibre LNG on Friday said its parent company Pacific Oil & Gas Limited, part of the Singapore-based RGE group of companies, has made the final investment decision for the project. DSME: first Arctic LNG carrier to test icebreaking capabilities during
Alarm goes off on Statoil’s Gullfaks A platform
Statoil has been hit by another incident on one of its platforms offshore Norway. According to Aftenbladet, a Norwegian business news website, an alarm went off on a night from Thursday to Friday on the Gullfaks A platform with 194 workers on board. The website also reported that the alarm went off
Gibraltar Port Becomes Part of Marine LNG Society
The Gibraltar Port Authority (GPA) has joined the non-governmental organisation Society for Gas as a Marine Fuel (SGMF), established to promote safety and industry best practice in the use of gas as a marine fuel. During his speech at the opening of the International Bunker Industry Association’s (I
BP recovers body of worker missing from Deepwater Gunashli platform
BP has recovered the body of an offshore worker who went missing from a BP-operated platform in Azerbaijan. BP on Friday confirmed to Offshore Energy Today that the body of the person reported missing on November 8, 2016, has been recovered. “BP, as operator of the Azeri-Chirag- Deepwater Gunashli f
Port State Control to Focus on Sulphur Limit Regulations
Port State control authorities across 45 countries and 5 continents – South America, North America, Europe, Asia and Australia – have agreed to carry out a so-called Concentrated Inspection Campaign (CIC) in 2018 focusing on air pollution from ships. The focus on the sulphur limit regulations will b
Gazprom, JBIC talk investment in Sakhalin II’s third LNG train
Japan Bank for International Cooperation could finance the third liquefaction train at Russia’s only LNG export facility, the Sakhalin II.