News
Historic wrecks to buoy up Wales’ marine renewables sector
Historic wrecks around the Welsh coastline are to play a part in assisting Wales’ growing marine renewable energy (MRE) sector, the researchers from the Bangor University have said.
Hyperdynamics closing in on initial portion of Fatala well
Oil and gas company Hyperdynamics Corporation is approaching completion of the initial portion of its Fatala-1 exploration well offshore Guinea. The Pacific Drilling-owned drillship Pacific Scirocco reached its target drilling location 165 kilometers offshore Guinea in early August, preparing to sta
McDermott Names New Senior VP, General Counsel and Secretary
McDermott has appointed John Freeman as senior vice president, general counsel and corporate secretary, effective today. He succeeds Liane Hinrichs who has announced her intention to retire from the company at the end of the year. David Dickson, president and chief executive officer of McDermott, st
NGOs Push for Financial Incentives for Clean Ship Recycling
NGOs are calling on the European Union not to put on hold the introduction of a financial incentive for sustainable ship recycling under the EU Ship Recycling Regulation. Namely, the European Commission (EC) has released its report on the viability of such a financial incentive for sustainable ship
Coastal Connections Meeting Takes Place in St.Bernard
Louisiana’s Coastal Protection and Restoration Authority (CPRA) will host their Coastal Connections event in St.Bernard, LA, tomorrow, August 15, to talk with residents about the Mid-Breton and Mid-Barataria Sediment Diversion projects. A cornerstone project of Louisiana’s Coastal Master Plan, the s
Machinemonitor wins Ichthys LNG electrical testing job
Machinemonitor, part of the MM Group of companies, has been contracted to provide high-voltage electrical testing services for the Inpex-led Ichthys LNG project.
Erin Energy in Oyo-9 spud
Oil company Erin Energy Corporation has started drilling of the Oyo-9 well offshore Nigeria. Oyo-9 is being drilled with the Pacific Drilling-owned drillship, the Pacific Bora. Erin hired the drillship for drilling operations on the Oyo-9 in March and the drillship reached its drilling location off
Nabors buys U.S. oilfield services company
Oil and gas drilling contractor Nabors Industries has signed an agreement to acquire the U.S. oilfield services company, Tesco Corporation, in an all-stock transaction. Nabors said on Monday it will acquire all of the issued and outstanding common shares of Tesco Corporation, with each outstanding s
Latin American Congress of Ports in Uruguay
The new edition of the Latin American Congress of Ports will take place in the Convention Center of the Conrad Hotel in Punta del Este, Uruguay, through November 6th to 9th, 2017. Convened by the American Association of Port Authorities (AAPA) Latin American Delegation in partnership with the Admini
U.S. Oil & Gas Liftboat Provider Boosts Fleet with Offshore Wind Installation Vessel
All Coast, a provider of liftboats to the U.S. oil and gas industry, has announced that it will add a new vessel to its fleet with which it will enter the U.S. offshore wind market. The vessel will be used for installation and maintenance of offshore wind farms.
Video: Ultra Large COSCO Boxship Stuck off Antwerp
A 366-meter containership CSCL Jupiter is stranded on the Westerschelde estuary near Bath, the Netherlands, following a grounding incident from earlier today. “We can confirm that the CSCL Jupiter ran aground on the Westerschelde estuary near Bath,” Dutch Rijkswaterstaat confirmed to World Maritime
Dare County Beach Nourishment Works in Full Swing
Dare County recently announced that Great Lakes Dredge and Dock Company completed beach nourishment operations in the Town Southern Shores on august 6th and is now focusing efforts in the town of Kitty Hawk. According to the latest video update, GLDD is pumping south from the subline landing located
Drewry: Weak Freight Outlook to Affect VLGC Asset Values
Given the weak freight rate outlook for LPG shipping over the next twelve months, there is more downside risk to the second-hand values of very large gas carriers (VLGCs), according to shipping consultancy Drewry. Shipping analysts have been bearish on the VLGCs market since the beginning of the yea
VIDEO: Statoil installs its first unmanned wellhead platform
Norwegian oil major Statoil on Friday launched a video showing the installation of its second offshore platform this summer, the Oseberg H. Statoil said that it installed one large and one small platform in the North Sea this summer. The large platform is the Mariner A located on the UK continental