News
Top Ten Craziest Cruise Ship Amenities
The cruise liners are taking the ‘at sea experience’ to another level with innovative amenities.
BIMCO, CIRM Propose Software Maintenance Standard for Shipping
BIMCO and CIRM have sent the proposal for an industry-wide standard for software maintenance to the IMO.
MPA Gives Financial Boost to LNG Bunkering in Singapore
The Maritime and Port Authority of Singapore has injected USD 8.9 million to boost LNG bunkering in the port.
Ineos: Crack in Forties pipeline stabilized, but repair works might take weeks
Following the controlled shutdown of the Forties Pipeline System on Monday, Ineos has stabilized the crack in the pipeline which prompted the closure. Ineos estimates that repair works might take weeks. Last week, Ineos discovered a small hairline crack in the pipe at Red Moss near Netherley, just s
Tanker Ordering Up by 17 Pct despite Anticipated Headwinds
Shipowners appear to be unfazed by the likelihood of low profits continuing into the next year.
GAC: Tankers Facing Berthing Delays at Dongying Port
Tankers calling at Dongying Port are facing a waiting time of around two weeks for berthing to discharge crude oil.
Brazil: Statoil completes Carcara deal with QGEP
Statoil has completed the acquisition of a 10% stake in the BM-S-8 block offshore Brazil from Queiroz Galvão Exploração e Produção (QGEP).
European Shipowners Call for Progress in Brexit Talks
ECSA, representing European shipowners, is pushing for rapid and positive progress to be made in the Brexit negotiations.
OGOG secures regulatory approval for NZOG acquisition (New Zealand)
Singapore’s OGOG has received regulatory approval its partial takeover offer for New Zealand Oil & Gas. New Zealand’s Overseas Investment Office has given its consent under the Overseas Investment Act 2005 and Overseas Investment Regulations 2005. It follows separate consent from New Zealand Petrole
Singapore invests more in LNG bunkering
The Maritime and Port Authority of Singapore has injected another S$12 million ($8.91m) to boost liquefied natural gas (LNG) bunkering in the Port of Singapore. Half of this sum has been set aside to co-fund the building of new LNG bunker vessels (LBVs) to facilitate the development of ship-to-ship
Petrofac chairman to step down
Petrofac, the international oil and gas facilities service provider, announced that Rijnhard van Tets will step down from his role as chairman of the board after eleven years with the company. He will step down at Petrofac’s annual meeting in May and will be succeeded by current senior independent d
ExxonMobil closes Mozambique deal with Eni
ExxonMobil has completed a transaction to acquire a 25 percent indirect interest in Mozambique’s gas-rich Area 4 block from Eni and assume responsibility for midstream operations. The transaction between the two companies worth around $2.8 billion was announced in March 2017. ExxonMobil will lead th
Norway’s offshore industry through Øyvind Sætre’s lens
Browsing through Linkedin the other day, I’ve stumbled across a beautiful photo of two heavy lift vessels carrying the giant Aasta Hansteen topside out of the Westcon yard in Ølensvåg, Norway.
Energean takes five new exploration licenses offshore Israel
Greek oil company Energean Oil & Gas has been awarded five offshore exploration licenses offshore Israel.