China’s Shanghai Zhenhua Heavy Industry Co (ZPMC) will take legal action over a cancelled shipbuilding contract it had with UK oilfield services supplier Petrofac. To remind, Petrofac on October 9, 2015 said it had terminated the contract with ZPMC for the construction of its JSD 6000 deepwater mult
The boat building specialist Mainstay Marine Solutions has delivered the 20m vessel Porth Nefyn to transfer vessel operator Turbine Transfers. The Porth Nefyn will work principally on offshore European wind farm sites between the Baltic and Irish Seas. The vessel is an extended version of the existi
Congressman Frank Pallone, Jr., Ranking Member of the House Energy and Commerce Committee, sent a letter to Governor Christie urging him to veto the proposal to build the Port Ambrose offshore LNG port 24 miles off the coast of Long Branch, New Jersey.
EMAS Offshore has secured additional options for extension on an existing contract, as well as new awards for charters with an oil major and independent oil company in West Africa and Asia. The total value of the deals with undisclosed clients is more than $33 million, including options. In West Afr
An offshore personnel transfer company, Reflex Marine, is developing a new personnel access concept for the offshore wind and traditional energy industries, the SEA-SPIDER. The innovation will utilise winch based access to offer an alternative to current access methods, such as butting a vessel agai
An offshore personnel transfer company, Reflex Marine, is developing a new personnel access concept for the offshore wind and traditional energy industries, the SEA-SPIDER. The innovation will utilise winch based access to offer an alternative to current access methods, such as butting a vessel agai
Following the cornerstone laying in August for Manga LNG’s Tornio terminal works have progressed at the Port of Röyttä, Finland.
Petronet LNG, India’s largest importer of the chilled gas, posted a net profit of Rs. 248.85 crore for the quarter ended September 30, 2015, 5% down on the same quarter in, 2014.
Yinson, a Malaysia-based provider of floating production units to the international oil and gas industry, has won a charter extension, for its FPSO Adoon. The vessel, moored at the Antan field offshore Nigeria, will continue its contract with Addax Petroleum for three years, until October 16, 2018.
The Obama administration has cancelled the Arctic Lease Sales for the Beaufort Sea and the Chukchi Sea oil and gas exploration in the current five-year oil and gas program. The U.S. Department of the Interior Friday said that, in light of current market conditions and low industry interest, it would
AziLat Ltd., an oil and gas exploration company focused on South America will buy two offshore blocks in Brazil from OGX Petróleo e Gás S.A. (“OGX”). The blocks CE-M-603 and POT-M-475 are located in the Ceará Basin and the Potiguar Basin, respectively, and are operated by ExxonMobil Exploração Brasi
Today we are bringing you an interesting infographic showing a detailed review of maritime transport in 2014. The infographic, which is a part of UNCTAD’s Review of Maritime Transport, provides an analysis of structural and cyclical changes affecting seaborne trade, ports and shipping. The infograph
Today we are bringing you an interesting infographic showing a detailed review of maritime transport in 2014. The infographic, which is a part of UNCTAD’s Review of Maritime Transport, provides an analysis of structural and cyclical changes affecting seaborne trade, ports and shipping. The infograph
InterOil Corporation said it has assigned one of its drilling rigs to join the Elk-Antelope appraisal program in Papua New Guinea.
