Despite being beset with technical challenges and shipowners opposition, the implementation of the IMO Ballast Water Management Convention (BWMC) might provide the basis for a dry market recovery, according to Maritime Strategies International (MSI) Following the regulation’s entry into force on Sep
Teekay LNG Partners on Wednesday said it plans to offer Series A cumulative redeemable perpetual preferred units in a public offering.
Oil and gas services company Wood Group has established a new data analytics center of excellence at its office in Galway, Ireland. The center, which is supported by the Department of Jobs, Enterprise & Innovation through IDA Ireland, broadens Wood Group’s capabilities in advanced data analytics to
Subsea supply chain businesses in the south-west of England will be joining forces to identify opportunities and debate the challenges facing the sector at an industry networking event organised by Subsea UK. The session on October 12, will be held at the National Composites Centre (NCC), and will f
Following the launch of the Telescopic Access Bridge (TAB) M series, with which Windforce’s personnel working on the Wikinger offshore wind farm clocked more than 200 safe transfers this summer, SMST has expanded the product range with the SMST Access & Cargo Tower. The Access & Cargo Tower covers a
The long-awaited approval of the Petronas-led Pacific NorthWest LNG project proposed for northwest British Columbia came under fire by environmental groups opposing the project, despite 190 environmental impact mitigating conditions attached to it.
The $2.5 billion takeover of Papua New Guinea-focused player InterOil by U.S.-based energy giant ExxonMobil requires a final order by a Canadian Supreme Court, InterOil said on Wednesday. The closing of the transaction “would require issuance of the final order by the Supreme Court of Yukon no later
Fugro has placed surrogate unexploded ordnance (UXO) items on the seabed at the Beatrice offshore wind farm area to enable towed magnetometer verification as part of the pre-construction UXO survey, according to Brown & May Marine. The surrogate units are inert and do not contain any explosive charg
Following a fatal helicopter accident offshore Angola on Monday in which four people died and two were missing, the helicopter’s type has been revealed. When it crashed, the helicopter was bound for Chevron-operated Tombua-Landana platform, offshore Cabinda, carrying five passengers and a pilot. Ang
Following yet another delay by the Australian authorities to give approval for BP’s environmental plan for drilling in the Great Australian Bight, Greenpeace says this is proof that BP’s plan is full of holes and must not be approved. To remind, National Offshore Petroleum Safety and Environmental M
Sakhalin Energy, the operator of Russia’s only LNG export plant, said the terminal is currently producing 11 percent above its design capacity and the company is actively engaging with buyers as part of LNG marketing for the third liquefaction train. The LNG facility located in Prigorodnoye on Russi
Contractors have begun driving piles to rebuild Pier 4 of the Northwest Seaport Alliance’s (NWSA) Husky Terminal as part of a redevelopment aimed at supporting larger container cranes and vessels at the terminal. The first of 1,241 piles were driven last week to align Pier 4 with an adjacent pier to
Around 350 oil service workers have been laid off in Norway as a result of a strike action that started a week ago. To remind, over 300 oil service workers went on strike after mediation over the collective oil service agreement between the Norwegian Oil and Gas Association and the Norwegian union o
Tenaris, a multinational manufacturer and supplier of steel pipes to the oil and gas industry, has informed that one of its employees might have been on the fatal helicopter flight en route to a Chevron platform in Angola, Monday. In a statement on Tuesday, Tenaris said: “We regret to inform that a
