News
Clarksons: VLGC Earnings 42 Pct below Trend
Very large gas carriers (VLGC) have seen their earnings dwindle 42 percent below trend, as the tanker market moved into negative territory in the first half of this year, Clarksons Research reported in a half-year review. “The larger ships are feeling the biggest correction as fleet growth, particul
Trump nominates new FERC chairman
U.S. President Donald Trump aims to nominate attorney Kevin McIntyre to be chairman of the Federal Energy Regulatory Commission.
Ireland: Providence boasts ‘significant’ Avalon prospect
Irish oil & gas company Providence Resources has described its Avalon prospect off Ireland as ‘significant’ following a technical report for Licensing Option 16/27. The LO 16/27 is located in the central Porcupine Basin and is currently operated by Providence. Total farmed into the license in June b
Offshore safety body finds electrical issues during Edvard Grieg audit
Norway’s safety watchdog, the Petroleum Safety Authority (PSA), has found five non-conformities and six improvement points during an audit of electrical facilities on the Edvard Grieg field, off Norway. The PSA said on Monday that the audit, conducted from May 23 to June 1, targeted Lundin’s work to
Statoil hits gas in Barents Sea
Norwegian energy company and LNG player Statoil, with its partners Eni and Petoro, made a small gas discovery in the Blåmann well, between the Snøhvit and Goliat fields in the Barents Sea.
Tokyo Gas, JXTG scrap plan for Kawasaki gas-fired plant expansion
Japan’s biggest city gas supplier and LNG importer, Tokyo Gas and JXTG Nippon Oil & Energy Corp have cancelled a plan to build two additional natural gas-fired power units at their jointly operated Kawasaki power plant. The two companies submitted the plan back in 2015 to add the two generators with
A Lecture about Speed versus Safety at Sea
Is it possible for ships to sail faster through rough water and keep the safety of the crew a priority? Lex Keuning, Associate Professor at the Technical University (TU) Delft, asked himself this question after he had broken both of his kneecaps in a speeding incident at sea. In cooperation with Jaa
Top News of the Week, 10 – 16 July 2017
Offshore WIND’s most read news from 10 to 16 July 2017.
Popular news, July 10 – 16, 2017
The most popular articles of the week.
Top news of the week July 10-15
LNG giant Shell to invest billions in new energies to cut emissions The Hague-based LNG giant Shell aims to spend as much as $1 billion a year on its New Energies unit by the end of the decade as it is seeking to lower emissions. Ichthys LNG FPSO to depart South Korea soon Ichthys Venturer, [&hellip
U.S. irritated by Japan-Russia offshore exploration deal
The U.S. is reportedly irritated by the recently signed offshore exploration cooperation agreement between Rosneft and a consortium of Japanese companies. According to Bloomberg, which cited people familiar with the matter, the U.S. feels that Japan would, as part of the Group of Seven Allies, be wo
VOS Start Gears Up for Walney Extension Offshore Wind Farm
Vroon’s first DP2 subsea-support walk-to-work (W2W) vessel, VOS Start, will start her first offshore wind charter at DONG Energy’s Walney Extension offshore wind farm following her official naming ceremony scheduled for next Thursday, 20 July.
IEA: US Set to Claim LNG Exporter Crown
By 2022, the United States will be on course to challenge Australia and Qatar for global leadership among LNG exporters, the International Energy Agency (IEA) estimates. Despite the fact that the demand for gas in the United States – the world’s largest gas consumer and producer – is growing, the IE
SCF calls for improved Northern Sea Route navigational safety
Russia’s largest shipping company Sovcomflot has called for the Russian government to improve navigational safety measures on the Northern Sea Route (NSR).