News
Ballast Water Treatment Systems – Check Your Charter Party, Says North P&I
Retrofitting vessels to comply with the upcoming BWM Convention may affect the vessels’ performance, Intercargo has warned. Areas that are most likely to be affected are ballast transfer performance and bringing increased power demands. As a result, North P&I Club has cautioned owners to check their
Aquaterra Energy installs Gulf of Suez platform
Offshore engineering solutions provider Aquaterra Energy has designed, fabricated, and installed a new platform for PICO Petroleum Integrated Services, the lead contractor for Amal Petroleum Company’s Amal field in the Gulf of Suez, off Egypt. Aquaterra said on Monday that the Sea Swift conductor su
Waves4Power Connects WaveEL to Norwegian Grid
Waves4Power has connected its wave energy system to shore at Runde and started to deliver electricity to the Norwegian power grid on Friday. The Waves4Power wave energy system consists of the WaveEL buoy, a connection hub, and custom designed proprietary marine cables from the buoy to the hub, and f
Essar Projects commissions four offshore platforms for ONGC
India’s Engineering and construction contractor Essar Projects India Ltd. has completed the commissioning of four offshore well platforms for India’s Oil and Natural Gas Corporation (ONGC). An Essar-led consortium, with Saipem as the engineering partner, was awarded a contract for engineering, procu
Seacor Marine goes independent
U.S. offshore vessel owner Seacor Marine is now a fully independent company after spinning off from its parent company Seacor Holdings Inc on June 1. Seacor Marine has begun “regular-way” trading on NYSE today under the symbol “SMHI”. The company provides global marine and support transportation ser
Popular news, May 29 – June 4, 2017
Popular news, May 29 – June 4, 2017
USA: Weekly offshore rig count unchanged. Up by two units vs. 2016
The U.S. weekly offshore rig count remained unchanged from the previous week, the oilfield services provider Baker Hughes reported on Friday. BHI Rig Count: U.S. +8 to 916 rigs U.S. Rig Count is up 8 rigs from last week to 916, with oil rigs up 11 to 733, gas rigs down 3 to 182, and miscellaneous
Top news of the week May 29-Jun. 3
Update: Flex LNG inks contracts for six LNG carriers Flex LNG, the shipping company controlled by billionaire John Fredriksen, is set to add six new liquefied natural gas carriers to its fleet by 2019. OneLNG to pursue second FLNG project off Equatorial Guinea OneLNG, a partnership between Schlumber
Pressure Mounts on Shipping as Trump Pulls Out of Paris Accord
The decision of the President Donald Trump on US withdrawal from the Paris Agreement exerts further pressure on all major industrial sectors to deliver their fair share of carbon cuts, including shipping, according to NGOs focusing on environmental issues in the maritime sector. Commenting on the de
W&T offshore ordered to pay for Apache GoM dispute
U.S. Gulf of Mexico operator W&T Offshore has been ordered to pay more than $47 million to Apache over a dispute stemming back from 2014. Apache filed a lawsuit against W&T Offshore on December 15, 2014, alleging that W&T breached the joint operating agreement related to the abandonment of deepwater
Photo of the Day: Beatrice Jacket Readies for a Lift
Beatrice Offshore Windfarm Ltd (BOWL) has shared a photo of the teams at Burntisland Fabrications’ (BiFab) facility in Methil preparing to upend one of the jacket foundations built for the 588MW Beatrice offshore wind farm.
RenewableUK comments on U.S. pulling out of Paris Agreement
RenewableUK today commented on the announcement made by the U.S. President Donald Trump on the withdrawal from the Paris Climate Accord.
Panama Canal Authority to modify LNG toll structure
The Panama Canal Authority (ACP) proposed modifications to its current toll structure modifying the tolls charged to LPG and LNG vessels.
Trump on Paris Climate deal: “We’re getting out”
U.S. President Donald Trump has announced that the United States will withdraw from the Paris Climate Accord. The Paris Accord committed to tackling the climate change was signed by 195 nations in December 2015, who have pledged to try and keep the global warming going over 2 degrees celsius above p