Teekay Offshore has conditionally ordered two new shuttle tankers from South Korea’s Samsung Heavy Industries. The company, providing oil and gas shipping and production units to the oil and gas industry, has recently formed a separate shuttle tanker subsidiary, called Teekay Shuttle Tankers, into w
Temporary restrictions are being introduced on the sulfur content of fuel used and the movement of vessels carrying certain types of cargo in Xiamen Bay, China during the BRICS summit in September 2017, Xiamen People’s Government said in a notice. As a result, ships entering the waters of the Port A
Dockers unions in Indonesia are striking and protesting as they want better working conditions, the International Transport Workers’ Federation (ITF) informed. Namely, workers of Serikat Pekerja Jakarta International Container Terminal (SPJICT) will be striking from August 3 to 10 over “ruthless att
Dominion Energy said work on the Cove Point LNG export facility near Lusby, Maryland is 95 percent complete and on track to start service in the fourth quarter of 2017.
Vroon’s newly built VOS Start has arrived to ABP’s Port of Barrow prior to heading out to DONG Energy’s Walney Extension wind farm in the Irish Sea, the vessel’s first commercial contract.
U.S. oil firm Hess has installed the giant Stampede platform to its location in the U.S. Gulf of Mexico in preparation for the first oil in 2018. Discovered in 2005, Stampede is located 115 miles south of Fourchon, La., in the Gulf of Mexico. The field has total estimated recoverable resources in ex
Petrobangla’s deal signed last month with Qatar’s RasGas has marked Bangladesh’s official entrance into the LNG buyers club.
LNG shipper Teekay LNG Partners reported a slightly higher revenue in the second quarter of this year as its adjusted net income slid year-on-year. The US-listed company posted adjusted net income of $17.9 million, down from $53.8 million in the same quarter a year ago. Voyage revenues rose slightly
Siemens has extended Joe Kaeser’s appointment as the company’s president and CEO ahead of schedule.
Five crew members were taken from a general cargo vessel identified as the Panama-flagged Oya 1 which was boarded by armed pirates while underway on July 30, around 15 nautical miles south west of Bonny Island, Nigeria. Out of the five crew members, two are said to be Moroccan officers, and three ot
The Australian Maritime Safety Authority (AMSA) has banned the Bahamas-flagged bulk carrier MV Rena from entering or using Australian ports for six months. The prohibition comes after the 81,700 dwt ship repeatedly failed to pay outstanding wages and maintain a safe workplace for its crew. On June 3
ION Geophysical has announced a new 3D multi-client broadband reimaging program offshore the Western Gulf of Mexico using the Mexican National Hydrocarbons Commission (CNH) data library. The Mexican Ridges 3D reimaging program is fully supported by industry funding and contains eight surveys coverin
The UK’s Competition and Markets Authority (CMA) said Wood Group’s acquisition of Amec Foster Wheeler creates reasons for competition concerns.
The offshore industry is experiencing rapid change as companies have scaled down projects, introduced strict standards for facilities and equipment and optimized project design By Alessandro Blasi Senior Programme Officer The last few years have been particularly challenging for the oil and gas indu
