The Seafarers’ International Union of Canada (SIU) has launched a lawsuit challenging decisions by the Canadian Border Services Agency (CBSA) to grant temporary work permits to foreign maritime workers crewing foreign ships operating in Canadian waters. Canadian law requires that ships carrying pass
A Dutch-based shipping company Vroon has taken delivery of a Platform Supply Vessel (PSV) VOS Pride from Fujian Southeast Shipyard in China. Vroon said that the vessel was handed over during a ceremony held at Fujian Southeast Shipyard in August. According to Vroon, ‘VOS Pride’ left the Shipyard Mon
Singapore’s Pavilion Energy, a unit of Temasek, plans to invest in the small-scale liquefied natural gas business in Southeast Asia. “We have begun discussions with several partners in some markets, such as Indonesia and the Philippines, and look forward to progressing on this initiative,” Pavilion
A high oil price has enabled operators to extend field life and delay decommissioning time and time again on the UK continental shelf (UKCS), however the current low oil price has brought into stark relief that this cannot continue indefinitely concludes a new analysis by Wood Mackenzie. The report,
Bureau Veritas said it has finalized the acquisition of HydrOcean, a French engineering company specialized in hydrodynamic digital simulation for the maritime industry. HydrOcean provides design support for the construction of ships, offshore structures, racing yachts and marine energy systems. Its
Crude oil prices stabilized on Wednesday as Asian stock markets caught a tailwind from a strong performance in the United States and Europe, although fuel markets remained generally dogged by oversupply.
Erin Energy Corporation has obtained an eighteen-month extension of the Initial Exploration Period (IEP) of its offshore Kenya blocks, L27 and L28. The IEP on blocks L27 and L28 has been extended to February 2017. “We are delighted to receive this eighteen-month extension,” said Segun Omidele, Senio
Alewijnse Marine Systems and international dredging and marine contractor Van Oord have signed a long-term service level agreement covering the Van Oord cable-laying vessels Nexus and HAM601. The contract was started on 1 September 2015 and will run for three years. The partnership involves the mana
Bureau Veritas has finalized the acquisition of HydrOcean, a French engineering company specialized in hydrodynamic digital simulation for the maritime industry. Established in 2007, HydrOcean provides design support for the construction of ships, offshore structures, racing yachts and marine energy
Japan’s price of spot liquefied natural gas contracted in August averaged US$8.1 per mmBtu on DES basis, up from US$7.9 per mmBtu in July, according to the Ministry of Economy, Trade and Industry (METI). The average price of spot LNG imported into Japan that arrived in August 2015 was at US$7.7 per
Indonesia has submitted an official request to the Organization of the Petroleum Exporting Countries (OPEC) to reactivate its full membership in the organization. The request has been circulated to all OPEC Member Countries for their consideration and approval. OPEC has announced that the Indonesian
Brisbane-based Armour Energy on Wednesday advised its shareholders to reject a takeover offer by CSG producer Westside Corporation. “The Board of Armour unanimously recommends that shareholders reject the opportunistic and inadequate Westside offer as it significantly undervalues the company both in
Iran’s Petroleum Minister Bijan Namdar Zanganeh urged German companies to take the opportunity and enter into negotiations with Iranian counterparts prior to the lifting of sanctions so that contracts can be signed immediately after their relaxation. “German firms shall choose their local partners i
The Nigerian National Petroleum Corporation (NNPC) is looking to stem crude and petroleum products theft across the country by deploying drone technology, and equipping the Nigerian Navy with vessels for monitoring Nigerian waters. According to NNPC, the Group Managing Director of the Corporation, D
