News
Noble’s net loss deepens
U.S. independent Noble Energy’s net loss the second quarter of 2017 deepened to $1,5 billion, versus a loss of $315 million a year ago. The company explained the loss was driven by the impact of the Marcellus upstream asset exit in the U.S. Total Company sales volumes for the second quarter of 2017
MMHE net loss deepens
LNG carrier repair specialist Malaysia Marine and Heavy Engineering (MMHE) reported a deeper loss during the second quarter of 2017.
Airbus delivers H175 helicopter to CHC
Offshore helicopter operator CHC Helicopter is expanding its aircraft fleet with its first H175 Airbus helicopter for use in offshore oil and gas operations. The aircraft has been delivered in full offshore passenger transport configuration, allowing CHC to begin training and adjustment from the ope
New shuttle tankers for Teekay’s new subsidiary
Teekay Offshore has conditionally ordered two new shuttle tankers from South Korea’s Samsung Heavy Industries. The company, providing oil and gas shipping and production units to the oil and gas industry, has recently formed a separate shuttle tanker subsidiary, called Teekay Shuttle Tankers, into w
Control Measures Planned in Xiamen Bay during BRICS Summit
Temporary restrictions are being introduced on the sulfur content of fuel used and the movement of vessels carrying certain types of cargo in Xiamen Bay, China during the BRICS summit in September 2017, Xiamen People’s Government said in a notice. As a result, ships entering the waters of the Port A
Dockers in Indonesia on Strike
Dockers unions in Indonesia are striking and protesting as they want better working conditions, the International Transport Workers’ Federation (ITF) informed. Namely, workers of Serikat Pekerja Jakarta International Container Terminal (SPJICT) will be striking from August 3 to 10 over “ruthless att
Dominion: Cove Point LNG 95 percent complete
Dominion Energy said work on the Cove Point LNG export facility near Lusby, Maryland is 95 percent complete and on track to start service in the fourth quarter of 2017.
VOS Start Arrives to Barrow Ahead of Walney Extension Work
Vroon’s newly built VOS Start has arrived to ABP’s Port of Barrow prior to heading out to DONG Energy’s Walney Extension wind farm in the Irish Sea, the vessel’s first commercial contract.
Stampede platform in place. Production in 1H 2018
U.S. oil firm Hess has installed the giant Stampede platform to its location in the U.S. Gulf of Mexico in preparation for the first oil in 2018. Discovered in 2005, Stampede is located 115 miles south of Fourchon, La., in the Gulf of Mexico. The field has total estimated recoverable resources in ex
WoodMac: Bangladesh’s LNG demand to hit 8 mtpa after 2020
Petrobangla’s deal signed last month with Qatar’s RasGas has marked Bangladesh’s official entrance into the LNG buyers club.
Teekay LNG Q2 profit down but revenue slightly up
LNG shipper Teekay LNG Partners reported a slightly higher revenue in the second quarter of this year as its adjusted net income slid year-on-year. The US-listed company posted adjusted net income of $17.9 million, down from $53.8 million in the same quarter a year ago. Voyage revenues rose slightly
Siemens extends Joe Kaeser’s term as CEO
Siemens has extended Joe Kaeser’s appointment as the company’s president and CEO ahead of schedule.
Armed Pirates Kidnap Five Crew off Nigeria
Five crew members were taken from a general cargo vessel identified as the Panama-flagged Oya 1 which was boarded by armed pirates while underway on July 30, around 15 nautical miles south west of Bonny Island, Nigeria. Out of the five crew members, two are said to be Moroccan officers, and three ot
AMSA Bans Bulker from Australian Ports
The Australian Maritime Safety Authority (AMSA) has banned the Bahamas-flagged bulk carrier MV Rena from entering or using Australian ports for six months. The prohibition comes after the 81,700 dwt ship repeatedly failed to pay outstanding wages and maintain a safe workplace for its crew. On June 3