Oil and gas skills and workforce development organization OPITO has called out to the U.S. oil and gas sector to fully adopt industry standards to improve safety across the Gulf of Mexico in line with other areas in the world. The industry body addressed attendees at the OTC conference in Houston on
By Vera Eckert SINGAPORE (Reuters) – Singapore’s Cleartrade Exchange expects the overall market size of its core products of iron ore, shipping, and fuel oil to grow strongly to $200 million (155 million pounds) by 2020, and it aims to take a growing slice of that trading, its chief executive told R
Norwegian energy company and LNG player Statoil said it has transferred the operatorship of the Polarled natural gas pipeline to Gassco. The 482-kilometre pipeline between the Aasta Hansteen field in the Norwegian Sea and Nyhamna was delivered NOK 4.5 billion ($520m) below budget, according to a sta
Baltic Dry Index (BDI) has fallen for the eleventh straight session marring its recovery trend from March this year. The index is now at 1,034 points, down by 39 points. This is a considerable fall from the 1,282 point mark BDI passed on March 27, 2017. Cape index had the worst decline this week hav
Harvey Gulf International Marine has taken delivery of a Jones Act-compliant multi-purpose support vessel Harvey Subsea. This is the first of two such vessels expected for delivery to Harvey this year. A sister ship, Harvey Blue-Sea, is scheduled for delivery in July 2017. The U.S. company has descr
Pembina Pipeline Corporation has agreed to acquire Veresen in a transaction valued at $9.7 billion creating one of the largest energy infrastructure companies in Canada.
Mexico’s president Enrique Peña Nieto and Eni’s CEO Claudio Descalzi met in Mexico City and discussed the Italian company’s plans in the country with a focus on the offshore Amoca prospect. Eni is looking at an eary production phase at the Amoca. During Wednesday’s meeting, also attended by the Secr
The Manor Venture, Manor Renewable Energy’s new wind farm service vessel, has performed the first push test on the 336MW Galloper wind farm off Suffolk.
The Manor Venture, Manor Renewable Energy’s new wind farm service vessel, has performed the first push test on the 336MW Galloper wind farm off Suffolk.
UK oil and gas operator Centrica has said that its £60 million project to refurbish its Morecambe Bay platforms will secure 350 jobs. The project to refurbish two 5,000-tonne platforms in the East Irish Sea, which is expected to start later this month, will boost output from the fields which already
New shipping alliances that came into effect a month ago are unlikely to increase ocean freight competitiveness between the United States and its North American Free Trade Agreement (NAFTA) partners, freight forwarder iContainers said. According to data released by the US Department of Transportatio
New Orleans-based Harvey Gulf International Marine has taken delivery of its fourth LNG-powered offshore supply vessel. Built at Gulf Coast Shipyard Group in Mississippi, the Harvey Freedom is capable of carrying 253,000 USG of fuel oil, and 78,000 USG of LNG fuel. The Harvey Freedom is 310 feet lon
Australian LNG player Woodside said liquefied natural gas production resumed at the Karratha gas plant following an outage on April 15.
Denmark’s Bladt Industries has completed the first lifting operation of the external platform onto the upper jacket 3D structure for the first out of 30 jacket foundations for the Beatrice Offshore Windfarm Ltd (BOWL) project.
