News
Pieter van Oord speaker during Offshore WIND Conference
Offshore WIND Conference is proud to confirm speaker Pieter Van Oord of Van Oord. “There are ample opportunities in accelerating energy transition; we should think bigger and go faster”, comments Van Oord. Van Oord will be joining speakers from among others Siemens Gamesa, DONG, TNO Energy, European
Offshore Energy Community Square: Deep dive into digitalization
Digitalization is one of the key topics at Community Square. No wonder, because digitalization is a must. At company level. At industry level. At the level of the global economy. That is why OEEC 2017 features a program designed to show how a solid digitalization strategy can maximize benefits and m
PHOTO: Ultra Deep’s New Diving Vessel Set for July Launch
Ultra Deep Solutions (UDS) is progressing with the construction of its new DP2 multipurpose diving support vessel (DSCV) Van Gogh at the China Merchants Heavy Industry (CMHI) yard. According to the company’s latest update, the launching of the ship is planned for the end of July 2017. The vessel wil
Car Carrier Newbuild Touches Ground in River Ems
The large car and truck carrier (LCTC) Siem Cicero, only ten days old, briefly scraped the ground in the river Ems, northwestern Germany, in the early morning hours of July 13, the country’s water police informed. Before the incident, the Liberia-flagged vessel departed the Port of Emden and was en
Premier working to bring Tolmount online
Premier Oil, a London-listed oil and gas company, has reiterated its expected final investment decision date for the Tolmount gas field in the North Sea will be the first half of next year. The independent oil and gas producer and explorer said on Thursday that offshore and onshore FEED on the Premi
Novatek joins two groups promoting LNG as marine fuel
Novatek Gas & Power, a unit of Yamal LNG project developer Novatek, joined the Society for Gas as a Marine Fuel and the SEALNG association to help promote LNG as a marine fuel.
South Korea’s June LNG imports rise almost 40 pct YoY
Liquefied natural gas (LNG) imports into South Korea, the world’s second-largest buyer of the fuel, rose by 39.6 percent in June year-on-year. The country imported 3.46 million mt of LNG in June as compared to 2.48 million mt in the corresponding month the year before, according to the customs data.
Tidewater looking to expand fleet post-reorganization
Tidewater, one of the world’s largest offshore vessel owners, has had its reorganization plan, which would eliminate $1.6 billion in debt, confirmed by the court. According to Tidewater, the United States Bankruptcy Court for the District of Delaware has confirmed the company’s reorganization plan a
IBIA Reports Rise in Average Residual Fuel Sulphur Content
The yearly average sulfur content of tested residual fuel oils increased to 2.58% in 2016, up by 0.13% from 2.45% in 2015, according to data provided by the International Bunker Industry Association (IBIA) to the International Maritime Organization (IMO). Of the 143,141 samples tested by four provid
Oversupply keeping Asian spot-LNG prices low
Spot LNG market in Asia dropped to $5.4 per million British thermal units during this week, pressured by concerns of oversupply.
U.S. to offer 76 million acres in new Gulf of Mexico lease sale
U.S. Secretary of the Interior Ryan Zinke on Thursday said Department would offer 75.9 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida for oil and gas exploration and development. The region-wide lease sale scheduled for August 16, 2017 would include all available unleased
EIA: Sabine Pass exports rise on week
Cheniere’s Sabine Pass liquefaction terminal in Louisiana, currently the only such a facility to ship U.S. shale gas overseas, has exported more cargoes of the fuel in the week ending July 12 as compared to the week before. Four vessels with a combined LNG-carrying capacity of 15.2 Bcf departed Sabi
Bangladesh eyes more spot-LNG over long-term supplies
Negotiations between Bangladesh and Qatar on the long-term LNG supply contract has entered final stages with the importer eyeing lower volumes in favor of spot supplies.
BOEM approves Eni’s Beaufort Sea exploration plan
The US Bureau of Ocean Energy Management (BOEM) has conditionally approved a Beaufort Sea exploration plan (EP) it received from the Italian oil major Eni. BOEM said on Wednesday that the approval came after a comprehensive review and consideration of comments received from the public, stakeholders,