A fire halted shipping from a 12 million barrel crude and oil products storage terminal on the Caribbean island of Bonaire on Wednesday, the day after a deadly Mexican refinery blast rattled gasoline and diesel markets. No ships were loading or unloading while the fire at a tank containing 200,000 b
Dredging of the Myall River at Port Stephens is just weeks away from being completed after a decade of campaigning by the local community. The New South Wales Government allocated funding over a year ago but the dredging work only started in March this year.
Ship Equip announced the signing of a major broadband communications contract with Frontline Management, world leader in the international seaborne transportation of crude oil. The agreement between Ship Equip and Frontline Management AS (NYSE:FRO) includes ships from Frontline, Golden Ocean and Kni
The 18,800 DWT bulk carrier under construction for ESL Shipping at ABG shipyard in India has been named Alppila. The vessel is ice strengthened, satisfying the regulations of the highest Finnish/Swedish Ice Class 1A Super. Scheduled for delivery in the end of 2010, the vessel is designed for traffic
Daewoo Shipbuilding and Marine Engineering Co. is making big strides in its business in Russia with advanced technologies and a localization… (koreaherald) [mappress] Source: koreaherald, September 9, 2010;
The St. Martin Parish Council voted Tuesday to hire Sellers and Associates, of Abbeville, as the engineers on the Bayou Du Portage, locally known as drainage project near Lake Dauterive and Lake Fausse Point. The measure passed 7-0 with councilmen Lloyd “Red” Higginbotham and James Hebert absent.
Responding to the rapidly changing global economic scenario, the tuna industry has gone through some readjustments and consolidation for the past decade. Stricter management measures enforced by the Regional Fisheries Management Organizations (RMFOs), growing popularity of driven market eco-labels,
Dana announced that the Company (through its subsidiary Dana Petroleum (E&P) Limited) has entered into an agreement with Petro-Canada UK Limited (“Petro-Canada UK”), a wholly owned subsidiary of Suncor Energy Inc. (“Suncor”), to acquire Petro-Canada UK’s interests in certain UK assets (the “PCUK Ass
BW Offshore has signed the contract for the FPSO BW Carmen with Ithaca Energy (UK) Ltd and partners. The FPSO will be employed on the Athena oil field in the UK sector and is expected to commence production during 2H 2011. The contract includes a fixed charter period of three years, plus options for
Chevron Corporation announced that it has been granted approval by the Liberian government to acquire a 70 percent interest and operatorship in three deepwater concessions in Liberia. “We are very pleased to participate in Liberia’s emerging energy sector,” said Chevron Vice Chairman George Kirkland
Spring Energy announces the sale of 15% in PL 378 (containing the Grosbeak discovery), 20% in PL 375 (containing the Beta discovery) and 20% in PL 551 to Talisman Energy Norge AS (Talisman) for an amount between USD 114,5 million to USD 129,5 million pending certain near term milestones. As part of
Marathon Oil Corporation provided an updateon its Droshky development in the deepwater Gulf of Mexico, which began operations on time and under budget on July 15, 2010, and has since ramped up production to approximately 45,000 net barrels of oil equivalent per day (boepd), consisting of approximate
In the world’s northernmost wind farm at Havøygavlen, Statoil is to test next generation turbine technology. The innovation is a gearless turbine that promises to achieve significant reductions in operation and maintenance costs for offshore wind power. One of the biggest challenges with developing
Santos has today executed an agreement with Total for the sale of a 15% interest in GLNG for A$650 million. In parallel, PETRONAS has also entered into an agreement to sell a 5% interest in GLNG to Total. Upon completion of the Santos and PETRONAS sale transactions, the ownership structure of GLNG w
