New Jersey’s Department of Environmental Protection’s (DEP) artificial reef program is sinking two more vessels to enhance recreational fishing opportunities and enhance ocean habitat for fish, DEP informed. The program sank the 68-foot trawler, Austin, as part of the Axel Carlson Reef, 4.4 nautical
Two oil tankers suffered little damage after they collided in the morning hours of September 21, according to Belgian Maritime Rescue and Coordination Centre (MRCC). The vessels in question are the 50,215 dwt Ridgebury Katherine Z and the 73,334 dwt Maistros, both built in 2009. The cause of the inc
India’s imports of liquefied natural gas rose 34.6 percent in August as compared to the same month a year ago, according to the data from oil ministry’s Petroleum Planning and Analysis Cell (PPAC). India imported 2,144 million metric standard cubic metres (mmscm) of LNG in August compared with 1,593
The Economist Films, part of the renowned magazine The Economist, has produced a documentary investigating how new technologies and renewables are disrupting the fossil fuel industry, and what the oil industry is doing in response. With permission from The Economist, Offshore Energy Today is sharing
French oilfield services company Technip is set to cut around 130 jobs at its UK Subsea Delivery business in Aberdeen. Following reports that the French company is proposing to cut jobs at its UK business, Offshore Energy Today has reached out to the oilfield services firm seeking confirmation as we
The Malta-flagged oil tanker Seadelta has departed Libya’s port of Ras Lanuf carrying 781,000 barrels of crude oil as exports at the port resumed for the first time since 2014, Bloomberg cited sources close to the matter. The vessel, which was earlier withdrawn to a safe distance from the port due t
By Amanda Cooper LONDON (Reuters) – Oil prices jumped 2 percent on Wednesday after a surprisingly large drop in U.S. crude inventories and as an oil services workers strike in Norway threatened to cut North Sea output. Brent crude futures <LCOc1> were up 91 cents at $46.79 per barrel by 1113 GMT, wh
Vattenfall has shared two videos of a WW2 mine with a 700kg explosive charge being unearthed from the seabed where Denmark’s 400MW Horns Rev 3 offshore wind farm will be constructed, and subsequently detonated. The mine had been identified during a geophysical survey of the specific area, which was
Contrary to recent reports, Engie of France is not planning to sell its liquefied natural gas business, but it is looking to stop its coal and oil production activities.
Petrobras, the debt-laden Brazilian national oil company, is going to slash its planned investments by a quarter over the next five years in order to reduce debt. Revealing its 2017-2021 strategic plan on Tuesday, its first such plan under the new CEO Pedro Parente, Petrobras said it would spend som
Imports of liquefied natural gas (LNG) by world’s largest consumer of the chilled fuel, Japan increased 9.4 percent in August as compared to the same month a year ago. Japan imported 7.72 million mt of LNG in August, according to the provisional data released by Japan’s Ministry of Finance. The data
Thirty-three oil companies have applied for exploration acreage offshore Norway as part of this year’s licensing round, the APA 2016, comprising the predefined areas with blocks in the North Sea, the Norwegian Sea, and the Barents Sea. This year’s oil and gas exploration licensing round, expanded by
Malaysian oil and gas company Petronas is reportedly planning to reduce its workforce further due to a prolonged market downturn. The Wall Street Journal reported, citing sources familiar with the matter, that Petronas is looking to ax several hundred more jobs as the national oil company continues
Semco Maritime has won a contract to fabricate and install a sea fastening system on Seajacks Scylla, the world’s largest wind turbine installation vessel. Semco Maritime is to construct a special module, which will render it possible to adapt Seajacks Scylla’s freight deck to accommodate different
