News
Seagreen Schedules Offshore Wind Talks
Seagreen Wind Energy Limited is hosting three public exhibitions in February to allow local residents and interested parties the opportunity to view details of proposed modifications to the offshore works on the Seagreen Alpha and Seagreen Bravo wind farms off Scotland.
Infographic: Top 10 Global Fleets Worth USD 516 Bn
Greece remains on the throne of the top shipowning nations by value whose combined fleet is worth USD 516 billion.
Wartsila order intake climbs, sees improved marine industry outlook for this year
Finnish engine maker Wärtsilä reported a 14 percent rise in quarterly order intake as it expects more growth opportunities in 2018, mainly in the company’s service business. Wärtsilä’s bookings of new orders in the fourth quarter rose to 1.51 billion euros ($1.87 billion). For the full-year of 2017,
VesselsValue: Chinese Owners Take the Lead in VLCC Market
VesselsValue: Chinese companies dominate the ownership of very large crude carriers.
i3 Energy in fundraise for North Sea development
i3 Energy has made progress with multiple funding options to finance its Liberator field development located in the UK North Sea.
Trifleet Leasing forays into LNG container business
Trifleet Leasing, the Netherlands-based tank container leasing company, is entering the cryogenic tank containers business with a focus on liquefied natural gas (LNG). The company said in a statement on Wednesday that it started building up a cryogenic container fleet and offering a full range of re
APLNG boosts Origin’s revenue
Australia’s Origin Energy on Wednesday reported a 26 percent increase in second-quarter revenue, on the back of higher Australia Pacific LNG output and higher realized prices. The Sydney-based company said its revenue for the December quarter rose to A$686.3 million from A$544.3 million a year earli
Beach completes acquisition of Origin’s Lattice Energy
Australia’s Beach Energy has completed the $1,58 billion acquisition of Lattice Energy from Origin Energy.
Sunken Kiribati Ferry Carried More Than 80, Authorities Confirm
About 80 passengers and a crew of likely five were on board the ferry Butiraoi when it sank on January 18.
Greenpeace activists board offshore supply vessel in New Zealand. Four arrested
Five Greenpeace activists jumped aboard an offshore supply vessel in the Port on Taranaki, New Zealand on Wednesday, locking themselves to the vessel, protesting against oil exploration in the country.
Lekoil reveals intention to farm-down Nigerian block
Lekoil has revealed an intention to farm-down its working interest in OPL 325 license offshore Nigeria, following completion of an independent study which identified eleven prospects and leads on the block.
BP makes two oil and gas discoveries in UK North Sea
British oil major BP on Wednesday announced two new exploration discoveries in the North Sea.
Evol to supply LNG to WA gold mine
Wesfarmers unit Evol LNG has won a long-term contract to supply liquefied natural gas to a gold mine in Western Australia’s Murchison region. Evol LNG entered into a deal with Gascoyne Resources’ wholly-owned subsidiary GNT Resources for the supply of LNG to the Dalgaranga Gold Project, it said in a
Diving Into Augmented Reality (Expertise Hub Video)
Offshore WIND Expertise Hub interview with Max De Feber, a student at the Delft University of Technology, Offshore & Dredging Engineering Department.