The 29 countries party to the Antarctic Treaty unanimously agreed today to a resolution at the 39th Antarctic Treaty Consultative Meeting (ATCM) stating their “firm commitment to retain and continue to implement…as a matter of highest priority” the ban on mining activities in the Antarctic…
Jee Ltd, a subsea cable specialist engineering company, has completed a project for a wind farm operator to assess the risks to the array cables within a UK offshore wind farm.With concerns about the integrity of cables on the wind farm…
Peter Lovie’s Chronology of the FPSO’s difficult struggle to viability in the U.S. Gulf of Mexico is a fascinating journey through time and the oil industry itself. 2016 saw the arrival of the second FPSO in the US Gulf of Mexico. Despite…
MacGregor, part of Cargotec, has won an order to supply highly-specialised winches for a pilot project using an innovative system that generates electricity from waves. The system is called NEMOS and it is ideally suited to work in combination with offshore wind farms…
Offshore Technical Compliance (OTC) has introduced two new IADC-accredited regulatory compliance training programs: offshore drilling and marine regulatory compliance training. OTC’s Offshore Drilling Regulatory Compliance Training is a five-day…
AKD has appointed Annemieke Spijker a partner in its Transport & Energy team with effect from 1 June, 2016. Spijker joined AKD in July 2006, and became a member of the firm’s industry-leading Transport & Energy team in January 2008. She…
Coretrax, leading engineered servicing company for wellbore clean and abandonment, has secured cost savings of nearly £10 million in rig time for UK operators. Focused on improving operational efficiencies and saving rig time in wellbore clean up and abandonment operations…
The Port of Palm Beach District is proud to announce that Fitch Ratings has revised the Rating Outlook on approximately $9.72 million of outstanding Port of Palm Beach District port revenue bonds, series 2005, from Stable to Positive. The report…
Höegh LNG Partners LP in their Preliminary Financial Results for the Quarter Ended March 31, 2016 reported a net loss of $1.0 million for the first quarter of 2016 compared to operating income of $5.0 million and net income of $2.6 million for the first quarter of 2015…
Petrobras reports that it has received the letter of resignation of Mr. Aldemir Bendine the functions of a member of the Board of Directors and President of the Company today. In addition, Mr. Bendine also resigned today, the office of member…
Since more ships sail on Liquefied Natural Gas (LNG) or transport this quite new type of gas, Falck Safety Services offers LNG safety training for the maritime industry.In 2013 Falck developed a complete new training facility for the LNG industry…
A joint development project (JDP) between DNV GL, Statoil and Farstad Shipping has demonstrated that offshore supply vessels (OSV) can save up to 21,000 Euros on their annual fuel bill, by running the vessel at optimal trim. The project…
There is a growing interest in the fuel efficiency of ships because of fuel prices, climate change and energy security issues. This has resulted in, amongst other things, a regulation governing the design efficiency of new ships called the Energy Efficiency Design Index (or EEDI for short)…
Cyberhawk Innovations, the world leader in unmanned aerial vehicle (UAV) and drone inspection and survey, has bolstered its international presence by signing a partnership agreement with Nordic Unmanned, Norway’s leading UAV operator. The…
After the oil industry suffered from a severe drought in Venezuela, forest fires in Canada and rebel attacks on oil installations in Nigeria, it is now facing the consequences of a national strike in France, where members of the trade union…