News
French bank Societe Generale joins LNG bunkering coalition
French bank Societe Generale has joined SEALNG, the industry coalition promoting the use of liquefied natural gas (LNG) as a marine fuel. The bank is the first financial institution to join SEALNG. “As the 0.5% global sulphur cap from January 2020 edges ever closer, the case for LNG as a marine fuel
Horns Rev 3 Monopiles Stand Ready (VIDEO)
GeoSea’s heavy-lift jack-up Innovation installed the 49th and final monopile on Vattenfall’s Horns Rev 3 offshore wind farm in the Danish North Sea just after the New Year.
Norwegian gov’t acquires fresh seismic data
The Norwegian Petroleum Directorate (NPD) has acquired about 4,500 kilometers of 2D seismic offshore Norway.
Gulf of Mexico duo teams up with Delek to drill oil & gas prospects
GulfSlope Energy and Texas South Energy have entered into a partnership with Delek to mutually pursue o&g opportunities in the GoM.
Imports at Top US Container Ports End 2017 with 7 Pct Growth
Imports at the US major retail container ports grew 7 percent during 2017 over 2016.
Eni takes Statoil’s rig for a spin at Goliat
Eni will use the Songa Enabler rig for drilling and completion of two infill wells at the Goliat field, offshore Norway. The Petroleum Safety Authority on Thursday gave its consent to the Italian oil company to use the rig on the Barents Sea wells 7122/7-C-2 H and 7122/10-E-4 H, respectively. Owned
Suez Canal Authority Extends Toll Cuts for Dry Bulkers
The Suez Canal Authority has extended the discount offered to dry bulk vessels until the end of 2018.
OOS International’s new accommodation unit set for Brazil
OOS International has named and introduced its new semi-submersible accommodation vessel (SSAV), the OOS Tiradentes.
Venezuela’s Maduro orders launch of oil-linked cryptocurrency Petro
Venezuela’s president Nicolas Maduro has ordered an issuance of the national cryptocurrency Petro, he expects will help the country amid the deepening economic and humanitarian crisis. According to Maduro, Petro will be linked to the country’s oil reserves and will have a value of a Venezuelan barre
Update 2: Body of One Missing Mariner Found as Fears of Tanker Exploding Heat Up
A body of one of the 32 missing mariners has been found on board the Iranian tanker Sanchi burning off China.
Photo of the Day: First UK-Made Tower Section Locked and Loaded
CS Wind UK has loaded its first offshore tower section in Kintyre, Scotland, which is now ready to go to the Campbeltown harbour.
2018 Another Year of Pain for Tanker Owners?
An ominous cloud seems to be hovering over the tanker market as the sector sails into another challenging year.
Woodmac: Record production ahead for U.S. Gulf of Mexico
Energy intelligence group Wood Mackenzie expects to see a record production from the U.S. Gulf of Mexico in 2018. In a podcast released on Thursday, William Turner, Woodmac’s Senior Research analyst said he expected the U.S. Gulf of Mexico to reach an all time record this year. Furthermore, Woodmac
Injured Crewman Evacuated from Tanker off South Africa
A 38-year-old Filipino crewman has been evacuated from the oil tanker Grand Lady off Port Elizabeth, South Africa.