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News

Maritime Craft Services’ New CTV Begins Sea Trials
News

Maritime Craft Services’ New CTV Begins Sea Trials

Maritime Craft Services’ new crew transfer vessel, a 26m Typhoon class MCS SWATH 1, has begun sea trials, the company announced at this year’s Global Offshore Wind event. The MCS SWATH 1, the 24th vessel in the company’s fleet, will carry passengers and cargo to and from offshore wind farms. Managin

about 10 years ago
EU Moves to Set Up European Border and Coast Guard
News

EU Moves to Set Up European Border and Coast Guard

The creation of a European border control system received a first green light from the European Parliament and Council negotiators on Tuesday night. The cornerstone of the deal is to upgrade the Frontex border agency, which, together with national border management authorities, will form a European

about 10 years ago
Containerized Freight Rates on the Path of Recovery?
News

Containerized Freight Rates on the Path of Recovery?

The container shipping market is staging a small recovery, with short-term rates for the main Far East Asian to North European ports rising, suggesting long-term costs could soon follow suit, according to Oslo-based benchmarking and market intelligence platform for containerized ocean freight Xeneta

about 10 years ago
PHOTO: Cidade de Caraguatatuba FPSO Arrives at Lapa Field
News

PHOTO: Cidade de Caraguatatuba FPSO Arrives at Lapa Field

Petrobras informed that the floating production storage and offloading unit (FPSO) Cidade de Caraguatatuba has arrived in the Lapa field offshore Brazil. The FPSO connection to the production system is scheduled for August, the company said. The unit integration was completed in the Brasfels shipyar

about 10 years ago
Subsea 7 to slash over one thousand jobs by 2017
News

Subsea 7 to slash over one thousand jobs by 2017

Subsea engineering, construction and services company Subsea 7 has informed that the second phase of global resizing and cost reduction measures will begin in 2016. The group said on Wednesday that these measures are being done in view of continued difficult business and economic conditions in the o

about 10 years ago
Report: Sonangol says Kwanza block holds more than 800 mmboe
News

Report: Sonangol says Kwanza block holds more than 800 mmboe

Angola’s state-owned oil company Sonangol has reportedly provided an estimate of the reserves found in the Kwanza basin, offshore Angola. According to a Reuters article on Wednesday titled: “Angola state oil firm finds gas in Kwanza basin“ the oil and gas company said the reserves could total 813 mi

about 10 years ago
Moore Stephens: Shipping Confidence Slightly Up
News

Moore Stephens: Shipping Confidence Slightly Up

Overall confidence levels in the shipping industry rose slightly in the three months to May 2016, according to the latest Shipping Confidence Survey from accountant and shipping adviser Moore Stephens. In May 2016, the average confidence level expressed by respondents in the markets in which they op

about 10 years ago
FERC approves Freeport LNG feeder pipeline construction
News

FERC approves Freeport LNG feeder pipeline construction

The United States regulator issued an order authorizing the expansion of its existing 129 system and the construction of the Coastal Bend Header project, that would transport up to 1.42 billion cubic feet of natural gas per day to the Freeport LNG terminal in Texas.

about 10 years ago
V.Ships Offshore to manage Milaha’s lift boat
News

V.Ships Offshore to manage Milaha’s lift boat

V.Ships Offshore, part of V. Group, has been awarded a new ship management contract by Milaha Offshore to provide full technical and crew management services for their self-propelled jack-up lift boat – the Milaha Explorer. The ship management services will be delivered from V.Ships Offshore’s newly

about 10 years ago
Alaska LNG sees first production in 2025
News

Alaska LNG sees first production in 2025

Alaska LNG project filed its second draft resource report with the Federal Energy Regulatory Commission earlier in June noting the project is targeted to start up in approximately 2025.

about 10 years ago
Westermeerwind Officially Open
News

Westermeerwind Officially Open

Dutch Minister of Economic Affairs, Henk Kamp, officially opened the Westermeerwind wind farm yesterday. Main contractor Siemens, together with its subcontractors and Westermeerwind project team, has erected the 48-turbine wind farm with 65 ships and barges in nearly one million man-hours. Mammoet a

about 10 years ago
Atkins wins Chevron support services contract
News

Atkins wins Chevron support services contract

Atkins, the London-based engineering consultancy, has been awarded an engineering support services contract with Chevron’ Australian unit for its oil and gas assets in Western Australia.

about 10 years ago
Gazprom gives nod to new asset sales program
News

Gazprom gives nod to new asset sales program

Russian gas giant Gazprom has approved a new program for the disposal of non-core assets for the next three years. Over the period from 2013 through the first quarter of 2016, the company earned a total of RUB 45.2 billion ($705m) from selling non-core and inefficient assets, Gazprom said in a state

about 10 years ago
Wentworth’s Tembo-1 gas well development in Mozambique approved
News

Wentworth’s Tembo-1 gas well development in Mozambique approved

East African oil and gas explorer Wentworth Resources has received governmental approval for its Tembo-1 gas discovery appraisal plan in Mozambique, becoming operator and increasing its interest from 11.59 percent to 85 percent.

about 10 years ago
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