Finland’s Wärtsilä has signed a contract with Shanghai Bestway Marine Engineering Design Co Ltd to design a new type of deep water dive support vessel. The ship is to be built for China state-owned Shanghai Salvage Bureau (SSB), one of the largest professional salvage companies in China. The contrac
Monaco-based Dynagas LNG Partners, the owner and operator of LNG carriers on Wednesday revealed a net income of US$60.9 million for the whole 2015, 15.7 percent up on the $52.6 million in 2014.
Top oil exporters Russia and Saudi Arabia agreed on Tuesday to freeze output levels but said the deal was contingent on other producers joining in – a major sticking point with Iran absent from the talks and determined to raise production.
Boa Offshore, a provider of offshore services for the oil and has industry, has been repaid a full amount of the advance payments for the cancelled offshore vessel order in China. To remind, Boa PSV, a subsidiary of Boa Offshore, in May 2013 signed a contract with Nantong Mingde Heavy Industry in Ch
US law firm, Morgan Lewis on Tuesday said it hired Kirstin Gibbs, a partner with oil experience in liquefied natural gas matters.
Greek dockworkers have launched a new two-day strike today, Inchape Shipping Services (ISS) Greece confirmed to World Maritime News. The port workers unions in Greek ports are protesting against the sale of the country’s biggest two ports, namely the Piraeus and Thessaloniki, which are being privati
Barcelona-based LNG engineer Sener, on Monday revealed it has inaugurated Bolivia’s virtual gas pipeline in Santa Cruz de la Sierra, in the Río Grande region.
The European Commission has on Tuesday released new proposals for a raft of measures related to prevention of gas crises and better coordination between EU countries. The proposals will also “tighten-up so-called intergovernmental agreements in the energy field between EU and non-EU countries and se
Russian gas giant Gazprom said it has re-elected Alexey Miller as the company’s chief executive officer.
Thailand’s PTT Pcl plans to delay its purchase of liquefied natural gas (LNG) from Shell Eastern Trading (PTE) and BP Singapore PTE Ltd due to weaker-than expected domestic demand, its executive said on Tuesday.
The last of the 72 foundations for the 288MW Sandbank offshore wind farm was installed last Friday with the help of Bilfinger Marine & Offshore Systems, the company which was in charge of transporting and installing the monopile foundations and transition pieces. The foundation installation works st
The Cape Breton Partnership, in collaboration with the Maritimes Energy Association and the Nova Scotia Department of Energy, is hosting a two day Oceans & Offshore Supplier Readiness Conference in Port Hawkesbury, Nova Scotia. The conference will bring together developers, suppliers, utilities, eng
The first power from the 600MW Gemini offshore wind farm being constructed off the coast of the Netherlands could be produced by the end of this month, a spokesperson for the Gemini Windpark told Offshore WIND. The Gemini’s first Siemens 4MW turbine is being installed today, Judith Achterberg, Gemin
The first power from the 600MW Gemini offshore wind farm being constructed off the coast of the Netherlands could be produced by the end of this month, a spokesperson for the Gemini Windpark told Offshore WIND. The Gemini’s first Siemens 4MW turbine is being installed today, Judith Achterberg, Gemin
