Emas Offshore has received bareboat charter terminations for two platform suppliers and one anchor handling tug and supply vessel.
The outlook for the global shipping industry remains negative, according to Fitch Ratings, as the rating agency doesn’t expect a material improvement in market fundamentals in 2018 due to lingering overcapacity. As explained, both container and bulk markets show signs of a revival, but the longevity
Singapore-based Pavilion Energy, a Temasek company, named Frédéric Barnaud company’s new CEO, succeeding Seah Moon Ming, who will focus on his new role as chairman of SMRT Corp.
Captain of a Malta-flagged ocean-going ship has been caught steering the vessel under the influence of alcohol in Kiel Canal, water police in Germany’s Kiel informed. In the incident, which occurred on December 1, 2017, the captain was reported by a fellow seafarer. Police authorities subsequently b
Petrofac’s Training Services business and the State Oil Company of the Republic of Azerbaijan (Socar) on Tuesday signed a shareholders agreement to form a joint venture for the pursuit of training opportunities across the country’s oil & gas and petrochemical industries. Under the agreement, Socar’s
Singapore’s Sembcorp Marine, also known as Sembmarine, has been awarded a letter of intent by Shell for the construction work related to the oil major’s Vito project in the U.S. Gulf of Mexico. The letter of intent is for the construction of the hull and topside as well as the integration of the Vit
African Petroleum has signed agreements to enter into the second extension periods of the SL-03 and SL-4A-10 licenses offshore Sierra Leone.
A Marathon offshore worker passed away last Thursday after falling ill aboard the Brae Alpha platform in the UK sector of the North Sea. A day later two more workers were airlifted and taken to hospital due to illness. In a statement sent to Offshore Energy Today, Marathon said the worker who passed
Somalia has become the 14th signatory to the Jeddah Amendment to the Djibouti Code of Conduct – the instrument developed and adopted by countries in the Western Indian Ocean and Gulf of Aden in an effort to repress piracy and armed robbery against ships operating in the region. Mariam Aweis, Ministe
Nissum Brednings Vindmøllelaug has completed the installation of the first Siemens 7MW direct drive wind turbine at the Nissum Bredning demonstration site in Denmark.
Australian energy company, AWE Limited said the indicative proposal to acquire 100 percent of the company’s shares by China Energy Reserve and Chemical Group Australia (CERCG) has been withdrawn.
Jumbo’s Heavy Lift Crane Vessel (HLCV) Fairplayer is now installing transition pieces (TPs) at the Arkona offshore wind farm. The vessel was outfitted with an SMST gangway shortly before the works started in early November, according to SMST.
Jumbo’s Heavy Lift Crane Vessel (HLCV) Fairplayer is now installing transition pieces (TPs) at the Arkona offshore wind farm. The vessel was outfitted with an SMST gangway shortly before the works started in early November, according to SMST.
Pakistan’s National Assembly Standing Committee on Planning and Development was informed that 1200 MW LNG-based power plants at Balloki and Haveli Bahadur Shah will be functional by February next year.
