Eclipse Group (EGI) has acquired the R/V New Horizon, a 170′ U.S. Flagged research vessel. The vessel has been renamed the Bold Horizon to reflect EGI’s corporate vision, the company said. The Bold Horizon is home ported at the 10th Avenue Marine Terminal located in San Diego, California. “The addit
Twelve people have been rescued by the United States Coast Guard from their vessel taking on water in Cuban territorial seas Saturday. On Saturday, watchstanders at the Coast Guard 7th District command center received notification that the Haitian Flagged, 120-ft coastal freighter, Granam ST Anne, w
Houston-based LNG player Cheniere recently informed that the overall construction on its Sabine Pass liquefaction project is nearing completion, although slightly behind the projected plan.
China’s Sinopacific Shipbuilding Group has delivered three platform supply vessels (PSV) to the shipowner Naviera Petrolera Integral S.A. de C.V. at Zhejiang Shipyard. The three platform supply vessels of the SPP17A design were ordered in July 2014. The vessels will support an oil and gas exploitati
Dolphin Group ASA, a parent company of Dolphin Geophysical, a Norwegian provider of marine seismic services, is counting its last hours on Oslo Børs, the Norwegian stock exchange. The exchange is delisting the shares of Dolphin Group ASA following the company’s filing for bankruptcy earlier this mon
South Korean gas demand is forecast to drop 5 percent over the following 15 years according to the country’s Ministry of Trade, Industry and Energy (MOTIE).
Oil fell towards $37 (25 pounds) a barrel on Monday, trading within sight of an 11-year low, pressured by excess supply that has more than halved prices since the downturn began in mid-2014.
Norwegian offshore shipowner, Atlantic Offshore has secured a contract for one of its vessels. Namely, Atlantic Offshore on Monday said its Ocean West vessel has been hired by Talisman Sinopec Energy UK Limited, an oil company with assets in UK North Sea. Under the contract, the Ocean West will serv
China’s National Petroleum Corporation informed on Saturday that its unit PetroChina halted LNG unloadings at the Tangshan terminal due to fog and strong winds which resulted in tighter gas supplies in Northern China and Beijing.
Swedish oil company PA Resources is trimming its staff in order to reduce cost following the board’s decision announced on November 17, 2015 to sell all of PA Resources’ assets. The company on Monday said its cost reduction efforts would entail several organisational and management changes. The comp
Norway’s Electromagnetic Geoservices ASA (EMGS) has secured a 3D EM data sale deal. The company on Monday said the data licensing agreement was with an oil company. While it did not disclose the identity of the client, EMGS said the deal was for the provision of 3D EM data from the multi-client data
Tidal Energy Today has compiled the top news from tidal and wave energy industry from December 21 – 27, 2015. FloWave spins tidal arrays UK’s Exeter and Edinburgh universities have tested up to 15 tidal device arrays at FloWave Ocean Energy Research Facility. Momentum Reversal Lift (MRL) concept was
Read the most popular news of the week.
Shell plans more cuts after BG deal Hague-based energy giant Shell said Tuesday it reduced capital spending plan for next year as it prepares to finalize the combination with BG in a low oil price environment. Egypt expanding LNG infrastructure Egyptian Ministry of Petroleum recently revealed a US$3
