News
Point Resources completes takeover of Exxon’s Norway assets
Oil firm Point Resources has closed its acquisition of the ExxonMobil-operated Balder, Ringhorne, Ringhorne East, Jotun, and Forseti fields on the Norwegian Continental Shelf (NCS).
Tuco Marine in Hydrographic Survey Vessels Deal
Tuco Marine has signed a contract for two hydrographic survey boats with the Danish Defence Acquisition and Logistics Organization (DALO). The new boats, based on Tuco’s ProZero concept, are designed to accommodate two hydrography specialists in addition to a dedicated helmsman. The boats are built
MISC LNG revenues up
Malaysian LNG shipper, MISC, reported a 16 percent increase in liquefied natural gas revenue for the third quarter of 2017, over the corresponding quarter last year.
LA, Long Beach Ports Approve New Clean Air Strategies
The governing boards of the ports of Los Angeles and Long Beach have approved the 2017 Clean Air Action Plan (CAAP) Update, ushering in a new era of clean air strategies for moving cargo through the nation’s busiest container port complex. Building on the clean air gains achieved since the ports ado
PTTEP evacuates offshore workers ahead of storm
PTTEP has set up a 24-hour monitoring team to watch and prepare safety measures for its offshore operations in the Gulf of Thailand.
Sembcorp Marine gets rid of Jurong Autoblast Services
Sembcorp Marine said that JAS was sold to a party unrelated to the company for an aggregate cash consideration of $256,933.
NorSea, IOS in logistics and inspection pact
NorSea Group UK and IOS have formed an alliance to provide a complete logistics, storage, and inspection package to energy companies operating in the northeast of Scotland.
Carnarvon snaps up new permit offshore W. Australia
The large 1,512km² permit sits in the “highly prospective” Bonaparte Basin
Novatek increases Kharbeyskoye field reserves estimate
Russia’s largest independent natural gas producer, Novatek, said that following exploration works at the Kharbeyskoye field its natural gas, gas condensate and crude oil reserves increased significantly.
GasLog turns to profit as LNG shipping market improves
Monaco-based LNG shipper GasLog reported a profit for the third quarter of 2017 as the contribution from its spot vessels improved.
Over a Tonne of Cocaine Seized aboard RORO Ship off Portugal
Over a tonne of cocaine was found on board a Roll-on/Roll-off (RORO) cargo ship named Agat which was intercepted in the middle of the Atlantic Ocean by the Portuguese authorities in an operation aimed at curbing illicit drug trafficking by sea. Namely, the Portuguese drug enforcement agency, in coop
Tullow looking to exit block off Mauritania
Tullow Oil is looking to exit the Block C-10 offshore Mauritania by the end of November.
Glory Amsterdam Refloated after Grounding in North Sea
Glory Amsterdam, a Panamax bulk carrier which ran aground in the German Bight, North Sea, on October 29, has finally been refloated, Central Command for Maritime Emergencies Germany (Havariekommando) informed. The 225-meter-long ship was towed with the help of two tugs into deeper waters at around 7
South Korea’s DSME develops new LNG containment system
South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) said it has developed a new liquefied natural gas (LNG) cargo containment system. According to DSME, this new cargo containment system has the lowest boil off rate (BOR) when compared to the existing LNG cargo containme