News
Myanmar Ratifies Bunker Convention
Myanmar has ratified International Convention on Civil Liability for Bunker Oil Pollution Damage (BUNKER).
ITOPF: Two Large Oil Spills Reported in 2017
Two large oil spills and four medium spills from tankers were recorded in 2017.
Lundin sees reserves upgrade driven by two North Sea fields
Swedish independent Lundin Petroleum booked an increase in its reserves at the end of 2017.
Dyna-Mac starts building Liza FPSO topside
Dyna-Mac has kicked off the construction of the topsides for the Liza FPSO, destined for Exxon’s Liza field in Guyana.
OPEC and Non-OPEC oil production cuts at record highs
OPEC and Non-OPEC countries have achieved record-breaking levels of conformity with production adjustments during December 2017.
China boost LNG imports ahead of new cold snap
China has reportedly snapped up about 60 cargoes, totaling over 4 million tons of LNG for delivery before a new cold snap expected in mid-February.
First Siemens Gamesa 7MW Turbines Start Producing on Walney Extension
Power is now being generated from the final phase of Walney Extension which will become the world’s largest offshore wind farm on completion later this year, Ørsted, the developer of the wind farm, said.
Woodside’s non-commercial well turns out to be swell for Quadrant
Drilling results from Woodside’s Swell-1 well offshore Australia have turned out to be encouraging for Quadrant Energy’s adjacent Belgravia prospect.
Ultra Deep’s Picasso DSCV completes sea trials
Ultra Deep Solutions’ DSCV Picasso has completed all trials and will head down to Singapore to prepare for its long-term contract.
Freeport of Riga to Focus on Indian, Iranian Markets in 2018
Freeport of Riga is to focus on India and Iran as part of its geopolitical developments aimed at increasing cargo levels.
China Considering Salvage of Sunken Iranian Tanker
The Chinese authorities are reviewing a possibility of salvaging the wreck of sunken Iranian tanker.
Alewijnse Kits Out Windcat Sisters
Dutch electrical system integrator Alewijnse Marine System is currently undertaking electrical outfitting on two crew transfer vessels (CTVs) being built for Windcat Workboats BV at the Dok and Scheepsbouw Woudsend BV shipyard.
DeepOcean hired for Nord Stream 2 ploughing work
DeepOcean has been awarded a contract to carry out plowing operations on the Nord Stream 2 pipeline in the Baltic Sea.
Clarksons: Global Orderbook below 200 Mn DWT for 1st Time in 13 Years
The shipbuilding industry completed another difficult year as low contracting remained a trend in 2017.