News
First Batch of Foundation Piles In at Beatrice OWF
Seaway Heavy Lifting (SHL) installed the first cluster of foundation piles at the Beatrice offshore wind farm site on 2 April, according to the Beatrice Offshore Wind Limited’s (BOWL) social media pages.
Energy XXI hires Blake rig for GoM work
Blake International Rigs has secured a contract for its Blake Rig 651. The rig will mobilize to Energy XXI’s South Pass 77 “C” platform in the U.S. Gulf of Mexico. The initial contract term is for one well, which is scheduled to start in late April following a 30 day make ready period at Blake’s [&h
Explosion Hits Vessel at Bulgarian Shipyard
An explosion has occurred on board a vessel at Terem Shiprepair Yard in Varna, Bulgaria, according to a statement issued by Varna Municipality. The incident was reported on April 3, while the ship arrived at the shiprepair yard a day earlier. There were no injuries reported, Varna Municipality’s pre
Croatian, Cypriot shippers form LNG joint venture
Uljanik Plovidba, Croatian shipping company has set up Uljanik Plovidba LNG, a joint venture with the Cypriot ETCA Caspian Limited.
Update: EU NAVFOR Pinpoints Dhow Hijacked by Somali Pirates
EU Naval Force (EU NAVFOR) has confirmed that an Indian-flagged cargo dhow was seized by suspected pirates on April 1 and is now in the vicinity of Hobyo, Somalia. “An EU Naval Force maritime patrol aircraft has confirmed the exact location of the dhow and has attempted to establish radio communicat
Containerships granted support funds for LNG projects
Finnish shipping company Containerships has secured funding for its liquefied natural gas (LNG) project by the European Union and the Nordic Environment Finance Corporation (NEFCO).
Vole au Vent Preparing for Finnish Tahkoluoto Offshore Wind Farm
Jan De Nul’s heavy-lift jack up vessel Vole au vent will now be mobilised for work on the Tahkoluoto offshore wind farm in Finland, after completing turbine installation at the Nobelwind wind farm off the coast of Belgium.
Japan exchange launches new LNG contracts
Japan OTC Exchange, a unit of Tokyo Commodity Exchange, has launched the new liquefied natural gas (LNG) contracts on its new OTC trading platform. “The newly launched contracts include physical and cash settled swap contracts to be settled against the DES Japan/Korea Marker (JKM), assessed and publ
Tullow stalls Namibian well
UK-based oil company Tullow Oil and the Australian oil company Pancontinental Oil & Gas don’t see eye to eye when it comes to a decision about drilling an exploration well in PEL 37 offshore Namibia. Tullow farmed into Pancontinental’s PEL 37 license in September 2013 taking 65% interest as well as
Hilcorp stops Cook Inlet oil leak
Oil company Hilcorp has managed to stop an oil leak from a subsea pipeline in the Cook Inlet, Alaska. To remind, a Unified Command was established over the weekend after some sheen was found near Hilcorp’s Anna Platform in the Granite Point Field of Cook Inlet. A sheen was discovered by Hilcorp pers
Jaxport: LNG storage tanks for Crowley’s bunkering facility set on foundations
Jacksonville Port Authority (Jaxport) said that the two LNG storage tanks for Crowley Maritime’s shore-side bunkering facility on Talleyrand Marine Terminal have been set on their foundations.
Slight Drop for Polarcus Fleet Utilization
Seismic contractor, Polarcus, has seen a minor decrease in its vessel utilization during the first quarter of 2017. The utilization of the vessel fleet was 72 percent in Q1 2017 compared to 79 percent in the corresponding period in 2016. On the contracted basis the vessel activity was 58 percent com
Trafigura proposes standard LNG sale and purchase contract
Trafigura Group, one of the world’s largest commodity trading companies, called for the adoption of a standard master sale and purchase agreement (MSPA) for the LNG industry.
Parkmead nearly doubles its stake in West of Shetland license
Oil and gas company Parkmead has nearly doubled its stake in the Sanda North and Sanda South structures in the West of Shetland area of the UK North Sea. These two Palaeocene prospects are both located within Block 205/13. With this move, Parkmead has increased its equity in the licence from 56% to