Danish Tuco Marine Group has received a new order for their 11-metre wind farm service boat from an undisclosed European client. The boat is part of Tuco Marine’s ProZero series and is designed to serve as a daughter craft to SOVs at far shore wind farms. The vessel will be used for service operatio
The Maltese-flagged crude oil tanker Seachance has continued to load cargo at the Hariga oil export terminal in Libya after a three-week-long blockade by the Beyda government, Reuters reports citing local government officials. As disclosed, the ship returned to the port on Thursday when in started t
Marshall Islands-flagged oil/chemical tanker Siteam Anja ran aground onto the rocks just 400 meters off the shore of Lobos Island, about 8 kilometers southeast of Punta del Este, Uruguay on Tuesday, May 17th. The 1997-built tanker was en route from San Lorenzo, Argentina to Rio Grande, Brazil with m
Two investor advisory firms have recommended Royal Dutch Shell shareholders oppose the CEO’s 2015 remuneration, in the latest sign of rising discontent over pay amid falling oil prices.
Russian giant Gazprom on Thursday said its LNG portfolio more than doubled during 2015, reaching 3.56 million tons.
Recent changes to the Canadian Federal government’s New Building Canada Fund (NBCF) aim at enabling significant investments in infrastructure systems, including ferry replacement and refits, paving way for ferry owners, operators and shipbuilders to benefit from this initiative. Ferry operators acro
The U.S. House of Representatives passed the FY17 National Defense Authorization Act (NDAA) on Thursday, which includes LNG exports provisions that will streamline the Department of Energy permit application process for new LNG export terminals. As a result, the permitting process for LNG exports wo
China National Petroleum Corporation signed a deal with Mozambique’s national oil and gas company ENH, to strengthen cooperation in oil and gas exploration and production, and natural gas processing and marketing.
Hutchinson Port Holdings’ (HPH) subsidiary Barcelona Europe South Terminal (BEST) achieved its new container handling record on May 16 when it moved 7,760 TEU on the call of MSC Beatrice. BEST says it deployed simultaneously a total of eight ship-to-shore gantry cranes for the operation, achieving a
Australian LNG player Woodside on Friday increased it estimated contingent resource (2C) by 83 MMboe to 4,481 MMboe following two gas discoveries offshore Myanmar in Q1 2016.
E-marine, a provider of submarine cable solutions in the Middle East, has officially launched its newest cable-laying vessel in Dubai on Thursday. The vessel, named CS Maram, constructed in Abu Dhabi, is the fifth vessel to be added to E-Marine’s cable laying fleet. CS Maram can handle the installat
Australian Woodside has reported an increase in its best estimate contingent resource (2C) by 83 MMboe to 4,481 MMboe following the announcement of two gas discoveries offshore Myanmar in Q1 2016. Woodside announced the discovery of 32 m net gas pay (increased from an earlier 15 m net gas pay estima
The U.S. Bureau of Ocean Energy Management’s proposed offshore lease sale has been attacked as a program without vision, by the American Petroleum Institute. API Executive Vice President Louis Finkel addressed what he sees as flaws in the Bureau of Ocean Energy Management’s 2017-2022 Outer Continent
The government of South Korea is considering merging Korea National Oil Corporation (KNOC) and Korea Gas Corporation (KOGAS) in an attempt to boost the profitability of the two companies.
