News
Trinidad’s LNG production drops 8 pct in March
Trinidad and Tobago’s liquefied natural gas (LNG) production has continued to decline due to ongoing gas supply shortfalls in the twin-island country.
Israel: Delek Drilling, Avner complete merger
Israel’s Delek Drilling and Avner Oil Exploration, both subsidiaries of Delek Group, have completed the previously announced merger. The two companies on Wednesday received a merger certificate from the Registrar of Partnerships, thus fulfilling all the preconditions for the merger to take place. Th
Buckie Harbour Readies For Beatrice Export Cable Trenching Team
The two vessels contracted to carry out the trenching along the export cable route for the Beatrice offshore wind farm project are expected to arrive in the Buckie harbour in Scotland this week and start mobilising for the project.
Eni, Rosneft strengthen cooperation
Italian energy giant and LNG player Eni signed a cooperation agreement with Russia’s Rosneft.
BP aiming at 4 million barrels a day by 2020
BP expects to grow its production to 4 million barrels a day by the end of the decade. During the Annual General Meeting on Wednesday, the company’s Chairman Carl-Henric Svanberg said that with BP’s recent recent investments, “in a few years’ time, our production should be back at the same level as
NHC Serves Innovation with Ad Hoc Flights to Merkur OWF
Northern HeliCopter (NHC), which was contracted for the Merkur offshore wind farm by GeoSea in January, recently carried out an ad hoc flight as the Innovation vessel called for urgently needed spare parts.
Report: DSME loses LNG boil-off patent battle to compatriots
A three-year-old boil-off gas reliquefaction technology patent dispute between the three South Korean shipbuilders has been settled by the country’s Supreme Court.
Tanker Catches Fire in Kiel Canal
A fire broke out onboard product/chemical tanker Oraness while it was transiting the Kiel Canal in the evening hours of May 16, a representative of the Fire Department Suchsdorf confirmed to World Maritime News. The 79-meter-long vessel, unloaded at the time of the incident, was en route to Brunsbüt
Pirate Attack against Bulk Carrier Foiled in Gulf of Aden
The Liberian-flagged bulk carrier MV Lord Mountbatten was attacked by pirates on Tuesday, May 16 while under way some 230 nautical miles South-West of Salalah, the Gulf of Aden. Namely, the ship was approached by two suspicious mother vessels along with up to eight skiffs, according to India’s Defen
Wintermar, lenders in debt deal
Indonesia’s offshore vessel owner PT Wintermar Offshore Marine has agreed with lenders to delay debt payment, citing tough market conditions as the reason. The company running a fleet of 70 offshore vessels said on Tuesday that a number of its subsidiaries has completed loan rescheduling agreements
20 Turbines Up at Nordsee One
Twenty of the total 54 wind turbines have been installed at the Nordsee One offshore wind farm.
20 Turbines Up at Nordsee One
Twenty of the total 54 wind turbines have been installed at the Nordsee One offshore wind farm.
Kogas’ earnings drop despite rise in sales volume
South Korean Kogas reported a drop in net income despite a slight increase in natural gas sales volume.
Fire breaks out at Samsung Heavy’s shipyard
A fire reportedly broke out on Wednesday at Samsung Heavy’s shipyard in Geoje, South Korea. According to a Wednesday report by Yonhap, a South Korean news agency, the blaze started from a cooling installation at 10:07 a.m. and was extinguished around 10:30 a.m. No casualties were reported. The news