European operators of large and underused liquefied natural gas (LNG) terminal capacity bet on new uses for their product in ships and vehicles to absorb future arrivals from the global market, the group's president Wim Groenendijk said on Tuesday…
Denmark's DONG Energy said on Thursday it would build a multi-million-dollar maintenance hub in Grimsby, northeast England, to provide services for its offshore wind operations.The new facility would, subject to planning approval, be built…
Chet Morrison Contractors’ Deepwater Riser Services division recently completed work on a complex deepwater riser maintenance project for an offshore drilling rig that included complete disassembly, blast, paint and reassembly of 57 risers. By…
An oil tanker left the Libyan port of Ras Lanuf for Italy early on Wednesday with the first crude export cargo from the terminal since at least late 2014, boosting hopes of reviving Libya's battered oil output.The port manager of Ras Lanuf…
Gloomy outlook for offshore energy insurance sector blighted by falling premium base and increased volatility, says IUMISpeaking at yesterday’s IUMI Genova conference, Simon Williams, Chairman of IUMI’s offshore energy committee, warned that…
Shell’s started operations of the new LNG fuel infrastructure at Gas Access to Europe (Gate) terminal in the Netherlands. The new LNG fuel infrastructure included the construction of a new berth. This new berth has now started operations…
Kenya Ports Authority annoucend: Kipevu Oil Terminal at Mombasa Port will be relocated early next year, to Dongo Kundu area, as a result of the ongoing capacity expansion programme. New, upgraded modern oil terminal is expected to have a capacity to accommodate four vessels of up to 200 000 DWT…
Since 2004, well construction costs in the UK Continental Shelf (UKCS) have doubled, directly impacting drilling activity which is currently at an all-time low. However, collective industry efforts are already focusing in on how a reduction…
Russia plans to fully halt exports of oil products from other than Russian ports on the Baltic Sea by 2018, the head of oil pipeline monopoly Nikolai Tokarev told President Vladimir Putin on Monday. Russia will increase the shipments via its own ports instead…
In an effort to take energy efficiency to the next level, the Hamburg Süd subsidiary Columbus Shipmanagement GmbH (CSG) and INTERSCHALT maritime systems GmbH, the software provider for cargo operations and fleet performance, concluded a contract…
The liquefied natural gas (LNG) industry has morphed from energy's golden child to black sheep in the last two years, with demand slumping just as supplies soars. While low prices are a boon for consumers, the lack of demand and lowered…
China's coal producers have sought government approval for a plan to increase output, sources said on Thursday, partially reversing efforts to cut capacity that has sent prices soaring and depleted domestic stockpiles this year. The State…
PAO Sovcomflot, Asea Brown Boveri Ltd. (ABB) Company and the Admiral Nevelskoy Maritime State University (MSU) have signed an agreement for research, technological and educational partnership. The document provides for the establishment of the…
Canada's trade deficit in July unexpectedly shrank on stronger non-energy exports, a sector the Bank of Canada says is crucial to helping revive an economy hit by low oil prices. Statistics Canada said on Friday that the July deficit was C$2…
ABS Quality Evaluations, Inc. (ABS QE), a subsidiary of ABS Group, has been selected as a third-party verifier by the National Association of Chemical Distributors (NACD), an international association of chemical distributors and their supply-chain partners…