Australia will welcome a record number of cruise ships this summer, with more than 40 vessels sailing in local waters, Cruise Lines International Association (CLIA) said. A record 41 ships from CLIA member cruise lines will be based in Australia or visiting local waters between October 1, 2016, and
Oil services company Weatherford has agreed to pay a $140 million penalty to settle the U.S. Securities and Exchange Commission (SEC) claims that it inflated earnings by using deceptive income tax accounting. The agency stated on Tuesday that two of the company’s senior accounting executives at the
Another important company will be present during Offshore Energy Exhibition and Conference (OEEC): Iranian Oil Terminals (IOTC), who are responsible for exporting more than 90 percent of Iran’s Crude Oil. IOTC CEO Mr. Mousavi plus two of his deputies will pay a visit to the exhibition and conference
London-based Cluff Natural Resources has received all the regulatory approvals required to complete the cross-assignment of equity positions in two contiguous license areas in the Southern North Sea with Simwell Resources and Burgate E&P. Cluff announced the decision to combine the equity position a
In the first half of 2016, German wind power generation amounted to 41.1TWh with a significantly increased share of offshore wind, according to TenneT. TenneT transmitted 5.18TWh of wind power from the North Sea in the first six months, which is 2.3 times as much as in the same period of 2015 when 2
Six robbers armed with guns boarded and fired upon the duty crew onboard an anchored containership while the vessel was at the Conakry Anchorage in Guinea, according to the International Maritime Bureau’s (IMB) piracy reporting center. The Master activated the SSAS alert, raised the alarm and locked
Golar LNG Partners, a limited partnership formed by Golar LNG, said, Doug Arnell stepped down from the Partnership’s board of directors.
Mitsui O.S.K. Lines on Friday said it has secured a 100 billion Japanese Yen (approximately Us$987 million) hybrid loan as part of the restructuring of its financial base.
Gazprom of Russia has received a survey permit for two strings of the TurkStream gas pipeline’s offshore section in Turkey’s territorial waters.
Lundin Petroleum said its unit, Lundin Norway, completed the drilling and testing of the re-entry of appraisal well Alta-3, on the eastern flank of the Alta discovery in PL609.
A barge carrying out dredging works discovered an unexploded World War Two bomb on the seabed of the Portsmouth Harbour on Thursday. The barge was preparing seabed for the arrival of the Navy’s new 65,000-tonne aircraft carrier HMS Queen Elizabeth next spring. Royal Navy bomb disposal experts towed
Swedish oil firm Lundin Petroleum has successfully completed the drilling and testing of the re-entry of appraisal well 7220/11-3 A (Alta-3) on the eastern flank of the Alta discovery in PL609, offshore Norway. The Alta discovery is estimated to contain gross contingent resources of between 125 and
The Deepwater Horizon oil spill six years ago caused widespread marsh erosion that may be permanent in some places, according to a new Duke University-led analysis of 270 miles of the Louisiana, Mississippi and Alabama coasts. At the hardest-hit of 103 Natural Resource Damage Assessment (NRDA) sites
Search and rescue operations continue for two oil workers who went missing after a helicopter carrying six people crashed offshore Angola on Monday. Four other passengers have been confirmed dead. The accident happened on Monday, after the helicopter bound for the Tombua-Landana offshore platform, o
