Traffıc in the Bosphorus Strait was briefly suspended yesterday following a minor collision between two bulk carriers around the Anadolu Hirasi, according to GAC. Namely, due to a rudder mulfunction on the 3,634 dwt bulk carrier Forward, the vessel collided with the 70,000 dwt bulker Wadi Alkarnak i
Crowley Maritime’s unit, Carib Energy has secured an approval from the U.S. Department of Energy to export liquefied natural gas (LNG) over a period of 20 years. Carib Energy aims to export about 1.3 Bcf/year (0.004 Bcf/day) of LNG in ISO containers transported on oceangoing carriers to nations in C
Egypt has reportedly selected its suppliers for about 60 cargoes of liquefied natural gas it sought through what was claimed to be the largest mid-term tender ever issued.
Denmark’s A.P. Moller-Maersk and Dong Energy are reportedly in talks to merge their oil and gas operations. Reuters reported on Monday, citing sources familiar with the matter, that the deal would create a business worth over $10 billion, including debt. The news agency also informed Maersk is worki
LNG engineer IHI E&C named Robert Etheridge as project director for the Dominion Cove Point LNG export project, effective immediately.
Norwegian offshore vessel designer Skipsteknisk shared a photo through its social media channels on Tuesday of the new offshore construction vessel (OCV) Volstad Oceanic as it was leaving the Tersan Shipyard in Yalova, Turkey. Skipsteknisk is the designer of the ST-259 Arctic, later named the Volsta
By Ron Bousso and Dmitry Zhdannikov LONDON (Reuters) – Royal Dutch Shell is considering selling out of its oil fields in Iraq as part of its global $30 billion (24.18 billion pound) asset disposal programme, industry sources said on Monday. Shell is seeking to slim down its vast oil and gas portfoli
Houston-based oil and gas company Vaalco Energy is hoping to restart production at the Avouma platform at the Etame Marin Permit, offshore Gabon, by the end of the year following a shutdown caused by issues with an electrical submersible pump. Earlier this year, Vaalco experienced issues at its Avou
Australian oil and gas explorer TTE Petroleum informed it has appointed Maurice Brand as executive chairman of the company with immediate effect.
TransCanada’s Prince Rupert Gas Transmission project (PRGT) on Tuesday informed it has signed project agreement with 12 hereditary chiefs of the Gitxsan Nation.
Akastor informed that it has completed the sale of the ITO and the BPO business of Frontica Business Solutions to Cognizant. The closing of the transaction took place on November 28, 2016, the company said. The company sold the business for a consideration of NOK 1,025 million on a debt-and-cash-fre
Last week, Fred. Olsen Windcarrier’s Bayard class crew transfer vessel (CTV) fleet received the International Safety Management (ISM) and Maritime Labour Convention (MLC) certification by DNV GL. The certificate was issued after an auditing process by DNV GL confirming all procedures and operations
Last week, Fred. Olsen Windcarrier’s Bayard class crew transfer vessel (CTV) fleet received the International Safety Management (ISM) and Maritime Labour Convention (MLC) certification by DNV GL. The certificate was issued after an auditing process by DNV GL confirming all procedures and operations
Exploration & production company Primeline Energy has received support from a group of Chinese banks amid the company’s ongoing arbitrations with Zhejiang Gas and CNOOC over a contract for the sale of gas from a field offshore China. Primeline informed on Monday that the group, made up of China Deve
