Canada’s Husky Energy has reported an unauthorized discharge of Blowout Preventer (BOP) control fluid from the semi-submersible drilling rig Henry Goodrich. According to the Canadian offshore safety body C-NLOPB, the incident occurred on March 26, 2017. Husky Energy estimates that 6397 liters of BOP
Australian provider of liquefied natural gas is looking to expand into new and existing markets through the development of its cryogenic ethane business.
Geophysical and geological services company Geoex has completed the voluntary offer to acquire all outstanding shares in the marine seismic data provider MultiClient Geophysical (MCG). Geoex’s voluntary cash offer for all outstanding shares of MCG was made on January 19, 2017, offering NOK 1.40 per
Rates in the multipurpose shipping sector seem to have bottomed out as signs of market recovery emerge after ten years, with momentum expected to build over the next few years, Drewry’s latest Multipurpose Shipping Market Annual Review and Forecast 2017 says. Dry cargo demand is forecast to grow by
Russia’s Novatek, the developer of the giant Yamal LNG project, signed on Wednesday a cooperation deal with Atomenergomash, a unit of Russian nuclear group Rosatom. Under the memorandum on strategic partnership and cooperation, the two companies plan to join forces in producing equipment, pipelines
China Oilfield Services Limited (COSL), an offshore oilfield service provider, is nearing the completion of a seismic survey offshore Gabon. COSL said on Wednesday that the seismic vessel Hai Yang Shi You 720, or HYSY720 for short, would complete the Gabon survey in early April 2017 as scheduled. Th
Saudi Aramco, the world’s most valuable oil company, could become one trillion dollars “bigger,” following the hydrocarbon tax cut announced by the Saudi government. Norwegian energy intelligence group Rystad Energy has lifted its Saudi Aramco valuation by about $1 trillion following the announced t
Woodside’s chief executive, Peter Coleman, sees the recent coalition created by major Asian LNG buyers as a sensible move that is no threat to the company.
SEALNG, the industry coalition promoting the adoption of LNG as a marine fuel has been joined by three new members JAX LNG, Petronet LNG and Toyota Tsusho Corporation (TTC).
The United States Coast Guard (USCG) has established a temporary safety zone for the navigable waters surrounding the Kilauea Volcano active lava flow entry into the Pacific Ocean on the southeast side of the Big Island, Hawaii, prohibiting vessel traffic in this area. The temporary safety zone will
By Henning Gloystein SINGAPORE (Reuters) – Oil prices on Wednesday extended gains from the previous session, lifted by supply disruptions in Libya and expectations that an OPEC-led output reduction will be extended into the second half of the year. Front-month Brent crude futures <LCOc1>, the intern
GeoSea’s jack-up vessel Innovation has installed all 56 turbine foundations at the 336MW Galloper offshore wind farm two months ahead of schedule, Galloper Wind Farm Ltd. reports.
GeoSea’s jack-up vessel Innovation has installed all 56 turbine foundations at the 336MW Galloper offshore wind farm two months ahead of schedule, Galloper Wind Farm Ltd. reports.
Nine seafarers remain missing after their general cargo vessel Hai Thanh 26 BIDV sank some 44 nautical mile off the coast of Vung Tau, according to Vietnam’s Ministry of Transportation. The 3,074 dwt vessel sank in the early morning hours on March 28 following a collision with another ship. At the t
