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News

Kongsberg introduces new integrated vessel concepts
News

Kongsberg introduces new integrated vessel concepts

Kongsberg Maritime, a global marine technology company, has launched a new portfolio of fully Integrated Vessel Concepts (IVC) designed to harmonize handling, operations and energy systems on a wide range of specific vessel types. Kongsberg said on Tuesday that the concepts are the product of the co

about 10 years ago
Monadalphous names non-executive director
News

Monadalphous names non-executive director

Australian LNG engineer, Monadelphous, on Tuesday informed it named Helen Gillies as a non-executive director of the company, effective September 5.

about 10 years ago
Ocean Rig loses drillship
News

Ocean Rig loses drillship

Struggling offshore driller Ocean Rig UDW has amended its credit facility signed with DNB Bank in February 2015 for up to $475 million. To remind, the original loan deal was signed by Ocean Rig’s subsidiary Drillship Alonissos Shareholders, and the owner of the Ocean Rig Apollo drillship, with the c

about 10 years ago
Windea La Cour Starts Working on Gemini OWF
News

Windea La Cour Starts Working on Gemini OWF

Following the mobilisation of the Bernhard Schulte Offshore’s Windea La Cour, chartered out to Siemens Wind Power, the new service operation vessel (SOV) sailed out for the first service campaign at the 600MW Gemini wind farm in the Netherlands on 1 September. Windea La Cour is supporting the ongoin

about 10 years ago
Boxship Fire Extinguished, Burchardkai Running as Normal
News

Boxship Fire Extinguished, Burchardkai Running as Normal

The fire service completed its work on board the 2015-built containership CCNI Arauco shortly before midnight on Sunday after the fire, which started aboard the vessel on September 1, had been extinguished, according to Hamburger Hafen und Logistik Aktiengesellschaft (HHLA). The cause of the fire is

about 10 years ago
New Subsea Company Established in the UK
News

New Subsea Company Established in the UK

A new subsea company, dedicated to the offshore energy industry, was officially launched in Bristol, UK, today. Rovco, which is focused on underwater integrity, remotely operated vehicles (ROVs), surveying and subsea services for both oil and gas and renewables sectors, has already secured its first

about 10 years ago
Offshore Energy 2016: Technical sessions on Decommissioning
News

Offshore Energy 2016: Technical sessions on Decommissioning

Offshore Energy event not only offers an exhibition floor where companies and visitors can do business, network and learn more about products and services, we also offer an extensive conference program. Ten technical sessions, side events, keynotes, the Offshore WIND Conference and much more. Techni

about 10 years ago
BIMCO: Strong Tanker Freight Market Comes to an End
News

BIMCO: Strong Tanker Freight Market Comes to an End

Lower growth rates for refinery throughput and drawdowns on swollen oil stocks has impacted the seaborne tanker market negatively, according to BIMCO. The refiners and traders, primarily in Asia, have reduced their appetite for crude oil as margins and profits have diminished. Global oil prices came

about 10 years ago
Petronet LNG’s net profit climbs 55 pct
News

Petronet LNG’s net profit climbs 55 pct

Petronet LNG, India’s largest importer of the chilled fuel, reported a 55 percent rise in its net profit for the quarter ended June 30.

about 10 years ago
Excelerate performs 1000th STS LNG transfer
News

Excelerate performs 1000th STS LNG transfer

Excelerate Energy on Monday informed it has completed its 1000th commercial ship-to-ship transfer of liquefied natural gas at the GNL Escobar in Argentina at the end of August.

about 10 years ago
OHT Enters Offshore Wind with Hywind Scotland Contract
News

OHT Enters Offshore Wind with Hywind Scotland Contract

Technip has hired Offshore Heavy Transport (OHT) for the provision of transportation services for the 30MW Hywind Scotland Pilot Park. Torgeir Ramstad, CEO of OHT, said: “This marks our entry into the offshore wind business, a market with enormous needs for logistical and transportation services. OH

about 10 years ago
APPEA: Australian oil and gas exploration in free fall
News

APPEA: Australian oil and gas exploration in free fall

Australian oil and gas exploration is in free fall, APPEA, the oil and gas industry representative said on Monday, after seeing the latest numbers by the Australian Bureau of Statistics. According to the released statistics, the trend estimate for offshore petroleum exploration expenditure fell 13.2

about 10 years ago
Awilco LNG freight income down on lower fleet utilization
News

Awilco LNG freight income down on lower fleet utilization

Oslo-based LNG shipping company, Awilco LNG, posted a second-quarter US$8.3 million freight income, down from $8.9 million in the first quarter due to lower utilization of its LNG carrier WilPride.

about 10 years ago
Novatek, JBIC pen LNG development MoU
News

Novatek, JBIC pen LNG development MoU

Yamal LNG operator, Novatek, on Monday said it has signed a memorandum of understanding with Japan Bank for International Cooperation (JBIC) to cooperate on liquefied natural gas projects.

about 10 years ago
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