Magseis and Seismic Apparition have signed an exclusive technology agreement to jointly develop and implement a new technology that could reduce the operational time for ocean bottom seismic. According to Magseis, technology development will be completed over the next 9 months and commercial field t
CMA CGM George Washington, a newly built ultra large container vessel (ULCV) owned by French shipping giant CMA CGM, arrived recently at the Port of Los Angeles on its maiden voyage. Built at Hyundai Heavy Industries (HHI) shipyard in South Korea, the 14,414 TEU boxship was delivered to CMA CGM on A
The European Marine Energy Centre (EMEC) has hired Applied Renewables Research to supply it with a micro-grid that will be used for the testing of marine energy converters.
Monaco-based tanker owner Scorpio Tankers revealed it has entered into definitive agreements to merge with Marshall Islands-incorporated petroleum products shipping company Navig8 Product Tankers and acquire Navig8’s 27 operating vessels. Under the agreements, Scorpio will acquire four LR1 tankers p
Waste management firm TWMA has been awarded two new projects with Maersk Oil UK in the central North Sea. TWMA said on Wednesday that both projects were already underway. The first project is onboard the Ocean Valiant semi-sub rig and will run until March 2018, while the second project on the Maersk
The U.S. Army Corps of Engineers, Galveston District, is hosting a 5-day USACE prospect course on dredging fundamentals. Student attendees included USACE employees, and members from both the Coast Guard and Navy, the Corps said in its announcement. The purpose of the course is to provide the attende
Danish energy company DONG Energy has entered into an agreement to divest its upstream oil and gas business to chemicals company Ineos. DONG informed on Tuesday that it agreed to divest the entire share capital of DONG E&P A/S to Ineos for an unconditional payment of $1.050 billion (DKK 7 billion) o
Sevan Marine, a cylindrical platform design provider, has decided to take legal action against Teekay Offshore Partners and subsidiary Logitel Offshore. According to a statement made by Sevan in its first quarter financial report on Tuesday, the company opted to act on circumstances surrounding the
Jadestone Energy, formerly known as Mitra Energy, has announced its withdrawal from the Bone production sharing contract offshore Indonesia (Bone PSC), a further key step in releasing the company from non-strategic exploration assets. Bone PSC is operated by Mitra Energy (Indonesia Bone) Limited, a
DONG Energy agreed to sell its entire share capital in its oil and gas business, DONG E&P, to Ineos.
Norwegian geophysical company Magseis has signed an exclusive technology agreement with Seismic Apparition to jointly develop and implement a new technology which could reduce operational time for ocean bottom seismic (OBS). Magseis said on Wednesday that the development of the tech, named Source Is
New York State Department of Environmental Conservation Commissioner, Basil Seggos, said that officials from local, state and federal agencies gathered yesterday to mark the 30th anniversaries of DEC’s Hudson River Estuary Program and the NY-NJ Harbor & Estuary Program. The anniversaries were recogn
The European Union (EU) has awarded the international Odyssea consortium €8.4 million to develop an interoperable and cost-effective platform that integrates networks of observation and forecasting systems across the Mediterranean basin. The Odyssea platform will collect information from databases m
Offshore Energy Today reporters met with Indonesian delegation during Sarajevo Business Forum where we took an opportunity to talk about the Indonesian energy sector. We spoke with Helmy Shebubakar, Vice Chairman of the Indonesian Chamber of Commerce & Industry, and Azhar Lubis, a representative of