News
Chevron gives up on Great Australian Bight exploration
Chevron Australia has made a decision to discontinue the company’s Great Australian Bight exploration program. The company said on Thursday that, while the Great Australian Bight is one of Australia’s most prospective frontier hydrocarbon regions, it was not able to compete in the current low oil pr
DEPA secures participation in Alexandroupolis FSRU project
Greek state-run DEPA inked an agreement with the compatriot utility Gastrade to participate in the LNG terminal project in Northern Greece.
Video: Tanker Crewmember Medevaced off Durban
An Indian crewmember of the oil/chemical tanker Bochem Oslo was airlifted by South Africa’s Transnet National Ports Authority (TNPA) helicopter following a request for medical assistance from the ship’s crew. The 39-year-old crewman was suffering chest pains. The sea rescue craft Eikos Rescuer II wa
OEEC 2017 – Celebrating 10 years of Offshore Energy
Offshore Energy Exhibition & Conference 2017 brought together over 550 exhibitors and 12,145 visitors in halls 1, 2 & 5 of Amsterdam RAI. While the number of exhibitors slightly decreased compared to 2016, the visitor number increased. The conference attracted over 1,300 delegates who attended 20 se
Johan Sverdrup construction can improve, safety body says
The Norwegian safety body, the Petroleum Safety Authority (PSA), has found one improvement point during an audit of bridges and flare booms fabrication for the Johan Sverdrup project. The safety watchdog said on Friday that the identified improvement point was in relation to the continuous improveme
Offshore Energy Exhibition & Conference 2017 – Celebrating 10 years of Offshore Energy
Offshore Energy Exhibition & Conference brought together over 550 exhibitors and 12,145 visitors in halls 1, 2 & 5 of Amsterdam RAI. While the number of exhibitors slightly decreased compared to 2016, the visitor number increased. The conference attracted over 1,300 delegates who attended 20 session
Construction Starts on New West Port in Kalundborg
The construction of the New West Port in Kalundborg in Denmark has officially begun with the ceremonial throwing of a gold-plated stone into Kalundborg Fjord at the place where the new port area is scheduled to be completed in a couple of years. The gold-plated stone was thrown over the railing by m
‘Viking Princess’ becomes world’s first hybrid offshore vessel
Finland’s Wärtsilä has completed work on the Viking Princess making it the world’s first offshore vessel with a hybrid energy storage solution. Wärtsilä said on Friday that the Norwegian vessel was the first ever offshore supply vessel in which batteries reduce the number of generators aboard the sh
MDL delivers its largest reel drive system to Oceaneering
Subsea services provider Oceaneering International has taken delivery of an 800-tonne safe working load (SWL) reel drive system (RDS) from Maritime Developments (MDL). The company said that the modular system would be used to deploy and retrieve SURF products (subsea umbilicals, risers, and flowline
Ebara integrates its US LNG equipment units
Ebara Corporation integrated the operation of its Ebara International Corporation’s cryodynamics division (EIC Cryo) based in, Nevada into Elliott Group based in Pennsylvania.
Offshore Energy Exhibition & Conference 2017 – Celebrating 10 years of Offshore Energy
Offshore Energy Exhibition & Conference brought together over 550 exhibitors and 12,145 visitors in halls 1, 2 & 5 of Amsterdam RAI.
USA: Subcommittee discusses bill to open OCS to offshore drilling
U.S. Subcommittee on Energy and Mineral Resources has held a hearing on a proposed bill that could re-open large areas of the Outer Continental Shelf (OCS) to offshore o&g drilling. The Subcommittee said in an announcement on October 11 that the proposed Accessing Strategic Resources Offshore Act, o
Q3 2017 Bottom of Current Tanker Market Cycle
The third quarter of 2017 has seen tanker fleet utilization drop to levels last seen in 2013, according to the latest report from Clarksons Platou Securities. The fundamentally soft conditions in the market were further aggravated by seasonal weakness and reductions in Saudi Arabia’s crude exports i
Tokyo Gas only to sign LNG deals with no destination clauses
Japan’s Tokyo Gas will only sign long-term contracts in the future if the destination clause, restricting where the cargo can be sold, is included.