News
BP profits surge
UK-based energy giant and LNG player BP reported a surge in its fourth-quarter earnings boosted by higher oil and gas prices and a rise in production from new projects. BP’s underlying replacement cost profit, the company’s version of net profit, was at $2.1 billion, compared with $400 million in th
Hijacked Marine Express Recovered, Crew Safe and Well
Marine Express and its twenty-two crew members have reassumed control of their ship.
Royal IHC to cut first steel for Subsea 7’s new vessel in March
Royal IHC has passed the first significant milestones in the design and build process of an integrated reel lay vessel for Subsea 7 ordered back in October 2017.
DSME scores order to build two LNG carriers
South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) said it had secured an order worth 394.1 billion won ($366m) to build two liquefied natural gas (LNG) carriers. The two LNG vessels are scheduled for delivery by the first half of 2020, DSME said in a filing to the stoc
GALLERY: Sovcomflot holds naming ceremony for new icebreaker
Sovcomflot has held a naming ceremony for a new icebreaker supplier built by Arctech Helsinki Shipyard.
SPE Aberdeen reveals Young Professional award finalists
SPE Aberdeen has revealed the finalists for the Young Professional award at the Offshore Achievement Awards.
Report: Eni, Total in large gas discovery offshore Cyprus
Eni and Total have reportedly made what is believed to be a large gas discovery at their Calypso prospect offshore Cyprus.
Update: MOL Prestige Fire Put Out, Extent of Damage Unknown
The fire that broke out on MOL Prestige boxship on February 1, has been extinguished.
Ireland: ESB Eyes Two Sites for New 500MW Offshore Wind Farm(s)
ESB-owned Hibernian Wind Power has applied for two investigative foreshore licences, aiming to examine the feasibility of building a 500MW offshore wind farm (or wind farms) off Ireland’s East Coast.
PSA Opens New Container Terminal in Mumbai
Singapore’s PSA has inaugurated a new container terminal at Jawaharlal Nehru Port Trust (JNPT).
Gulf Ship-to-Ship Transfer Spills Common and Neglected?
An oil slick was spotted on January 25 on the beaches of Aqqah, Fujairah, a home to renowned beach resorts in UAE.
Report: Chevron sells first Wheatstone gas condensate cargo
US-based energy company Chevron, the operator of the Wheatstone LNG export project, has reportedly sold a first gas condensate cargo from the LNG facility in Western Australia. The 650,000-barrel gas condensate cargo will be loaded in February and has been sold to Thailand’s PTT, Reuters reported on
ASL Marine Warns of Expected Loss
ASL Marine Holdings anticipates reporting red ink for the second quarter of 2018 financial year.
Total enters prolific Guyana Basin. Buys two offshore blocks
Total enters prolific Guyana Basin. Buys two offshore blocks