The crew of a Filipino flagged cargo ship, identified as the Foxhound, who had to abandon their sinking vessel off the PNG coast more than a week ago are now stuck on the deck of a container ship in Sydney, the International Transport Workers’ Federation said. The crew were rescued from a life boat
The crew of a Filipino flagged cargo ship, identified as the Foxhound, who had to abandon their sinking vessel off the PNG coast more than a week ago are now stuck on the deck of a container ship in Sydney, the International Transport Workers’ Federation said. The crew were rescued from a life boat
Ireland will increase the maximum tax rate on oil and gas fields from 40% to 55%. Ireland’s Minister for Finance, Michael Noonan T.D, on Thursday published Finance Bill 2015 that gives effects to taxation measures announced in Budget 2016. Following a review by the Department of Communications Energ
Rentel NV has chosen Siemens NV as its preferred bidder for the supply and installation of 42 offshore wind turbines, along with a 15-year maintenance agreement. The final negotiations with Siemens include the supply and installation of the SWT 7.0-154 turbines. Rentel said it will finalize negotiat
Wärtsilä has been contracted to supply the ship design for the Vestland Cygnus, a Platform Supply Vessel (PSV) owned by Norway based Norside AS that is to be converted to serve as an offshore wind farm service vessel. The conversion will take place at the Fjellstrand yard in Norway. The redesign inc
Wärtsilä has been contracted to supply the ship design for the Vestland Cygnus, a Platform Supply Vessel (PSV) owned by Norway based Norside AS that is to be converted to serve as an offshore wind farm service vessel. The conversion will take place at the Fjellstrand yard in Norway. The redesign inc
Petroleum Geo-Services (PGS), a geophysical company that provides a range of seismic and reservoir service, on Friday reported a loss of $110 million for the third quarter of 2015, compared to a profit of $8.4 million in the same period last year. The company also posted a drop in revenues as its th
LNG player Cheniere issued an update on the construction progress of the Sabine Pass liquefaction facility during the month of September.
Quarterly European LNG net imports declined year-on-year in Q3, for the first time since the beginning of the year.
The United States Federal Energy Regulatory Commission granted a certificate to Transcontinental Gas Pipe Line to construct and operate the Gulf Trace expansion project.
Halliburton’s $35 billion acquisition of Baker Hughes will have to wait some more as the Australian Competition and Consumer Commission (ACCC) has delayed its final decision on the acquisition until December due to competition concerns. Namely, the ACCC has released a Statement of Issues on the prop
The Norwegian Petroleum Directorate (NPD) wants unmanned wellhead platforms to be considered more often as an alternative to subsea tie-back in connection with development decisions. According to the NPD, a new study will look into the benefits and disadvantages of wellhead platforms. The NPD has co
As the Dutch offshore wind market is developing, domestic ports and terminals are preparing to take advantage of the booming industry. One such terminal is Holland Cargo Terminal (HCT), currently involved in one of the ongoing offshore wind projects in the Netherlands. The terminal serves as an asse
Dolphin Geophysical, a supplier of marine geophysical services, has received a Notice of Time Charter termination for two seismic vessels. The two vessels, Sanco Swift, built in 2013, and Sanco Sword, built in 2014, are owned by Sanco Shipping. Sanco Swift is under a five-year charter with Dolphin t
