News
IRClass Opens Maritime, Shipbuilding Centre of Excellence
Indian Register of Shipping has launched a centre of excellence in shipbuilding and maritime sector to support commercial ship design for seagoing, coastal and inland waterways operation in India. Established in association with India’s Ministry of Shipping and Siemens, the Centre of Excellence in M
Ancala completes Apache’s North Sea pipeline stake buy
Ancala Midstream has completed the acquisition of Apache’s interests in the Scottish Area Gas Evacuation (SAGE) System and the Beryl Gas Pipeline for an undisclosed sum.
Royal Navy destroys WWII bomb found near North Sea pipeline
UK’s Royal Navy has destroyed a World War II bomb found sitting on the sea bottom near a North Sea gas pipeline. In a statement on Friday, the navy said that a Royal Navy minehunter has destroyed a 500lb wartime bomb which was dredged up and then dropped “next to a major North Sea gas pipeline.” [&h
Wood starts work on Beryl pipeline and SAGE
Oilfield services company Wood has started a contract to act as operating partner of the Scottish Area Gas Evacuation (SAGE) system and Beryl pipeline, on behalf of Ancala Midstream Acquisitions Limited (Ancala Midstream).
Offshore safety audit finds flaws related to Visund’s flexible risers
Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has found several issues during an audit of the Statoil-operated Visund platform off Norway.
APPEA: Queensland’s regulatory reform to aid gas industry
The Australian Petroleum Production & Exploration Association is calling for reforms to alleviate the regulatory burden on Queensland’s natural gas industry.
Suspected Pirates Detained after More Attacks off Somalia
Six suspected pirates were detained following attacks on a 52,000 tonne containership and a fishing vessel, which reportedly took place on November 17 and 18 in the Southern Somali Basin. EU Naval Force (EU NAVFOR) informed that its Somalia flagship, the Italian vessel ITS Virginio Fasan, apprehende
Popular news, November 13 – 19, 2017
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Chinese company signs MoU on Djibouti LNG project investment
POLY-GCL Petroleum Group, a joint venture between China POLY Group and GCL Group, signed a memorandum of understanding with Djibouti on investing $4 billion in an LNG export project.
Clarksons: Recycling Market in Limbo
The ship demolition market is plagued by a high level of uncertainty leaving the market analysts in limbo when it comes to discerning which direction the market will take. Despite the lack of tonnage, reports suggest that there is a general apathy from the actual ship recyclers making it very hard t
Anadarko to spend $1.1 billion on U.S. Gulf of Mexico in 2018
U.S. oil company Anadarko will spend $4.2 to $4.6 billion on capital investments in 2018. Of this amount, the company will set aside around $1.1 billion for its deepwater Gulf of Mexico operations. The majority of the Gulf of Mexico spending will be focused on high-return oil development opportuniti
South Korea’s First Commercial Offshore Wind Farm Goes Live
South Korean Tamra offshore wind farm was officially opened today (17 November) at a ceremony attended by South Korea’s Minister of Trade, Industry and Energy, Paik Ungyu, and the officials from Korea South-East Power, the wind farm’s developer.
South Korea’s First Commercial Offshore Wind Farm Goes Live
South Korean Tamra offshore wind farm was officially opened today (17 November) at a ceremony attended by South Korea’s Minister of Trade, Industry and Energy, Paik Ungyu, and the officials from Korea South-East Power, the wind farm’s developer.
Polarcus set for Zenaide seismic survey in Australia
Seismic player Polarcus has secured high industry prefunding for a seismic survey project offshore Australia. The company on Friday said that the prefunding was for ‘Zenaide’ multi-client broadband 3D marine seismic project in the Bonaparte Basin The project is scheduled to start in Q4 2017 and will