South Korean shipbuilder Samsung Heavy Industries (SHI) waved goodbye to Egina floating production storage and offloading (FPSO), which departed on a journey to Nigeria on October 31. Featuring a length of 330 meters, a width of 61 meters, the unit has 2.3 million barrels of storage capacity with to
Ten seafarers have been reported missing after the Turkey-flagged general cargo ship Bilal Bal sank some seven nautical miles off the coast of Istanbul. A search and rescue operation for the missing crew members, all of whom are of Turkish nationality, is currently underway, according to the Turkish
GulfSlope Energy, Texas South Energy and another, unnamed, partner have decided to extend the term of the letter of intent (LOI) for joint drilling and development of oil & gas prospects in the U.S. Gulf of Mexico. GulfSlope Energy said on Wednesday that the trio extended the LOI until November 30,
DONG Energy has received shareholders’ approval to change its name to Ørsted, reflecting a move away from oil and gas. Twitter jokes won’t be missed either.
Chinese crude oil demand needs 45 additional very large crude carriers (VLCCs) to support growth in imports of seaborne crude oil, according to BIMCO’s estimates. China has ramped up its import of seaborne crude oil by 13% for the first nine months of 2017 compared to the same period last year. As C
The United States Federal Energy Regulatory Commission issued a notice it will prepare an environmental impact statement (EIS) for the Fourchon LNG project.
Following limited contracting in the bulk carrier sector in the last three years, ordering has started to pick up with 17.1 million dwt contracted in the first nine months of 2017. By the end of September 2017, the orderbook totalled 623 vessels of 64 million dwt, equivalent to 7.9% of fleet capacit
Japan’s utility Osaka Gas plans to increase the resale of liquefied natural gas (LNG) to 3 million tons per year by 2020.
Lithuanian energy minister, Žygimantas Vaičiūnas, signed a memorandum of understanding with his UAE counterpart on bilateral cooperation, exchange of knowledge and experience in the fields of solar energy and LNG technologies.
Woodlands-based Anadarko, the developer of the giant Mozambique LNG project, reported a net loss of $699 million for the third quarter of 2017.
Offshore WIND’s highlights of the past month.
DOF Subsea has secured an offshore wind contract for its construction support vessel Skandi Neptune in the Atlantic region.
DOF Subsea has secured an offshore wind contract for its construction support vessel Skandi Neptune in the Atlantic region.
The Maersk Forza subsea construction vessel is expected to start recovery operations as soon as it is positioned over the site.
