U.S. offshore vessel owner Seacor Marine is now a fully independent company after spinning off from its parent company Seacor Holdings Inc on June 1. Seacor Marine has begun “regular-way” trading on NYSE today under the symbol “SMHI”. The company provides global marine and support transportation ser
Popular news, May 29 – June 4, 2017
The U.S. weekly offshore rig count remained unchanged from the previous week, the oilfield services provider Baker Hughes reported on Friday. BHI Rig Count: U.S. +8 to 916 rigs U.S. Rig Count is up 8 rigs from last week to 916, with oil rigs up 11 to 733, gas rigs down 3 to 182, and miscellaneous
Update: Flex LNG inks contracts for six LNG carriers Flex LNG, the shipping company controlled by billionaire John Fredriksen, is set to add six new liquefied natural gas carriers to its fleet by 2019. OneLNG to pursue second FLNG project off Equatorial Guinea OneLNG, a partnership between Schlumber
The decision of the President Donald Trump on US withdrawal from the Paris Agreement exerts further pressure on all major industrial sectors to deliver their fair share of carbon cuts, including shipping, according to NGOs focusing on environmental issues in the maritime sector. Commenting on the de
U.S. Gulf of Mexico operator W&T Offshore has been ordered to pay more than $47 million to Apache over a dispute stemming back from 2014. Apache filed a lawsuit against W&T Offshore on December 15, 2014, alleging that W&T breached the joint operating agreement related to the abandonment of deepwater
Beatrice Offshore Windfarm Ltd (BOWL) has shared a photo of the teams at Burntisland Fabrications’ (BiFab) facility in Methil preparing to upend one of the jacket foundations built for the 588MW Beatrice offshore wind farm.
RenewableUK today commented on the announcement made by the U.S. President Donald Trump on the withdrawal from the Paris Climate Accord.
The Panama Canal Authority (ACP) proposed modifications to its current toll structure modifying the tolls charged to LPG and LNG vessels.
U.S. President Donald Trump has announced that the United States will withdraw from the Paris Climate Accord. The Paris Accord committed to tackling the climate change was signed by 195 nations in December 2015, who have pledged to try and keep the global warming going over 2 degrees celsius above p
Cheniere’s Sabine Pass liquefaction facility has shipped a record monthly amount of LNG cargoes in May since it started exporting the fuel in February last year. The Sabine Pass plant in Lousiana, currently the only such facility to ship U.S. shale gas overseas, exported 18 cargoes in May, totaling
Russia’s Rosneft and the UK-based energy giant BP have on Friday signed an agreement on strategic cooperation in natural gas and LNG. The duo signed a Memorandum of Understanding (MoU) in respect to the sale and purchase of natural gas in Europe. Rosneft and BP agreed to develop integrated cooperati
Gazprom’s head, Alexey Miller discussed global energy market cooperation with Shell’s CEO, Ben van Beurden during a meeting in St. Petersburg.
The Paris MoU organization detained a livestock carrier in Midia, Romania, on April 29, 2017. The vessel in question is Youzarsif-H and flies the flag of Togo, which is black on the current Paris MoU White, Grey and Black (WGB) list. The 2,282 gross ton livestock carrier is the third ship to be deta
