News
EnQuest denies ‘contingency plans’ talks with OGA. Shares rise
EnQuest, an independent oil and gas company focused on the UK sector of the North Sea, saw its shares rise 11.3 percent on Monday afternoon, after it launched a statement rebuffing claims on OGA’s North Sea contingency plans, written in the Telegraph on Saturday. Namely, the UK-based newspaper, citi
Gallery: Two Golars Hook Up in Gibraltar Bay
The Golar Ice and Golar Crystal, two LNG tankers owned by the shipping company Golar LNG, were conducting a ship-to-ship (STS) transfer operation in Gibraltar Bay last week. The gallery below shows from different angles the two vessels lined up for operation. Built in 2015, the Golar Ice is an 82,20
Wind Farm Vessels Respond to Mayday Call off Colwyn Bay
Tidal Transit’s crew transfer vessel Kitty Petra and North Sea Logistics’ Excalibur responded to a mayday call yesterday, after a jet ski capsized and threw a man and two children into the sea off Colwyn Bay. Following an alert by people ashore, Holyhead Coastguard broadcast a Mayday Relay to the ve
MEI: LNG oversupply to stretch to 2024
The latest research by McKinsey Energy Insights (MEI) predicts the LNG oversupply could last until 2024, meaning few projects could reach financial investment decision in the next 12 to 18 months.
Ardmore Craig Wins with Wind
The UK engineering consultancy, Ardmore Craig, has won a contract to design and build cable handling equipment and upgrade a previously supplied lay spread for on an offshore wind farm that the company left unnamed. This marks the 150th contract award for Ardmore Craig, which said that, despite the
Ardmore Craig Wins with Wind
The UK engineering consultancy, Ardmore Craig, has won a contract to design and build cable handling equipment and upgrade a previously supplied lay spread for on an offshore wind farm that the company left unnamed. This marks the 150th contract award for Ardmore Craig, which said that, despite the
Bulker Grounds in Mauritius after a Fight between Sailors
A 1998-built bulk carrier MV Benita ran aground on the southeast coast of Mauritius after an incident broke out between the vessel’s crewmembers, local media reported. A fight which broke out between two sailors on Thursday night was reportedly the cause of the vessel’s grounding on the coast of Le
BP steps forward with Atoll gas discovery development
UK-based energy giant BP has sanctioned the development of the Atoll Phase One project, an early production scheme to bring up to 300 million cubic feet a day gross of gas to the Egyptian market starting in the first half of 2018.
First DP2-Classed Feeder Vessel for CFL
On the 20th of April, CFL launched the first out of a series of ‘Joint Runner’ type DP2 Feeder vessels named Joint Runner 1. The first vessel was built in the Netherlands and her sister vessels are presently under construction at BrodoTrogir Shipyard in Croatia. The engineering and construction of t
ALE adds offshore barge transportation to its marine service offering
Global heavylift specialist ALE is expanding into full offshore barge transportation market which also encompasses brokering, chartering and hire, as well as full turnkey marine operations. ALE said on Monday that the services will be provided by the company’s own fleet, that includes 250′, 300′ and
IMCA Makes Change in CMID Concept of Operation
International Marine Contractors Association (IMCA) intends to improve the integrity and quality of its common marine inspection document system (CMID) by adopting a greater degree of oversight of the system. According to IMCA, this will enable greater cooperation with the offshore vessel inspection
Popular news, June 13 – 19, 2016
Read the most popular news of the week.
Top news of the week June 13-18, 2016
KDB bankrolls U.S. FLNG project Korea Development Bank said it has agreed to provide US$1.5 billion for the proposed Delfin FLNG project, 50 miles off the coastline of Cameron Parish, Louisiana. Flex LNG co-founders call it quits Flex LNG, the company controlled by billionaire John Fredriksen, infor
Quartet to form Russian-based LNG tech manufacturer
A group of companies on Friday signed an agreement of intent to establish a Russian-based manufacturer of natural gas liquefaction equipment.