One crew member is reported missing after a Russia-flagged tanker Palflot-2 caught fire on April 23 in the Caspian Sea, according to the Ministry of Emergency Situations of the Republic of Azerbaijan. The relevant authorities dispatched helicopters and rescue vessels to the site of the fire and mana
Credit rating agency Fitch on Friday informed it has revised the outlook on Woodside’s IDR to negative from stable.
BOW Terminal has shared this photo of GeoSea’s Innovation at berth in Flushing and demobilising the equipment used for the installation of foundations at the 332MW Nordsee One offshore wind farm in the German North Sea. The photo shows a pile hammer stored along the heavy quay side and a noise mitig
Turbine Transfers’ 21m offshore support vessel Malltraeth Bay has started working on the Sandbank offshore wind farm, under a contract with VBMS. VBMS won a EUR 90 million contract for the Sandbank offshore wind farm in 2014. The company is in charge of cable supply, CPS, installation, post-lay buri
Marco Polo Marine, a Singapore-based marine logistic services provider, has won a grant of stay of legal proceeding initiated by the PPL Shipyard against the company. To remind, the PPL Shipyard, a Sembcorp Marine subsidiary, in December 2015 started a legal action against Marco Polo over a jack-up
By Sonali Paul MELBOURNE (Reuters) – Australia’s competition watchdog wants to break up a marketing joint venture between ExxonMobil Corp and BHP Billiton to help boost competition in the eastern Australian gas market, it said on Friday. Following a year-long investigation into gas supply concerns,
Prices of spot market LNG for May delivery to Asia averaged US$4.24 per MMBtu, according to latest Platts Japan/Korea Marker data for month-ahead delivery.
Interocean Marine Services has won a 5-year contract with international oil and gas company, Maersk Oil North Sea UK Limited. The contract is for the provision of rig move and marine technical support services. It will be managed by Interocean’s Head Office in Aberdeen, and will provide marine and e
Brazil’s oil giant Petrobras has exercised the option to extend the fixed term of the lease contract for BW Offshore’s FPSO BW Pioneer for three years. The contract was extended from the first quarter of 2017 to the first quarter of 2020. In the second quarter of 2016, BW Offshore will replace the p
The Bureau of Safety and Environmental Enforcement (BSEE), in partnership with the University of Alaska, recently completed a research study that examined the ability of current offshore structural designs to survive sea ice demands under extreme Arctic conditions. The agency explained that the obje
Offshore Wind: A Playfield with Giant Toys (Photo Gallery) The story of offshore wind farms moving farther from shore and wind turbines being installed in deeper waters does not finish with gigantic vessels and foundations, but extends to the almost entire supply chain, where equipment is also getti
FERC clears Magnolia LNG construction Australia’s Liquefied Natural Gas Limited on Monday informed it’s unit, Magnolia LNG, received the permit from the U.S. FERC to site, construct, and operate its LNG terminal in the Lake Charles District, Louisiana. Cheniere ships US LNG to Europe Cheniere’s Sabi
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Two crew members of an offshore supply vessel were kidnapped by pirates while their ship was underway around 97 nautical miles south west of Brass, Nigeria. According to the information provided by the International Maritime Bureau’s (IMB) piracy reporting center, a group of pirates attacked and boa
