Indonesia’s Pertamina is negotiating an agreement with an LNG portfolio seller to swap 0.7 million tons of United States liquefied natural gas over a period of five years.
The Democratic People’s Republic of Korea has ratified the International Maritime Organisation’s (IMO) Nairobi International Convention on the Removal of Wrecks. This brings the total number of states to accede to the treaty to 35. The convention, which entered into force in 2015, provides the legal
Debt-laden Indian offshore vessel provider GOL Offshore might be wound up following a court order to appoint a liquidator for the company. In a filing on Bombay Stock Exchange on Tuesday, the vessel operator said that the Court of Bombay had on May 5, 2017 issued the instructions for the admission o
The Navantia-Windar consortium has loaded out the first two of the five SPAR-type floating foundations built for Statoil’s 30MW Hywind Scotland floating wind farm.
The Navantia-Windar consortium has loaded out the first two of the five SPAR-type floating foundations built for Statoil’s 30MW Hywind Scotland floating wind farm.
Yamgaz, a joint-venture led by TechnipFMC with JGC and Chiyoda, has awarded Weir Flow Control France a contract to engineer and supply critical service safety valves for Yamal LNG.
At a meeting held on 8 May, the Board of Directors of Siemens Gamesa Renewable Energy appointed Markus Tacke as the company’s new Chief Executive Officer (CEO) with Michael Hannibal, previously CEO of the offshore division at Siemens Wind Power, now CEO of Siemens Gamesa’s offshore business.
Qatar Islamic Bank (QIB) has signed a $925 million financing facility with compatriot Gulf Drilling International Limited (GDI) to assist in the re-organization of the company’s debt. This new facility, based on Islamic finance principles, will also be used to further enhance GDI’s operational and f
The LNG engineer Chicago Bridge & Iron (CB&I) reported a net income of US$25 million for the first quarter of 2017, as compared to $107 million for the first quarter of 2016.
HNZ Group has been contracted to provide offshore search and rescue for the Inpex-led Ichthys LNG and the Shell-led Prelude FLNG projects.
Offshore construction company McDermott has officially committed to buy a remaining Oceanteam’s stake in the North Ocean 105 AS vessel. To remind, Oceanteam in January said it would sell its 25 pct ownership in the vessel to McDermott as part of its debt restructuring deal. North Ocean 105 is a fast
GasLog Partners, the New York-listed spinoff of LNG shipper GasLog is looking to sell 5,000,000 shares, to raise funds for future acquisitions from GasLog.
Bureau Veritas has launched the Veristar AIM 3D asset integrity management system, based on technology partner Dassault Systems’ 3DExperience platform. Veristar AIM 3D will be used in the design, development and implementation of the operational lifecycle, to reflect and predict the condition of any
Klaipedos Nafta, the operator of the first Lithuanian LNG terminal reported a 12.2 percent jump in sales revenue from the facility during the month of April 2017.
