Energy News - page 57


Offshore Regulatory Compliance Training

Jun 01, 2016

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 Appoints Spijker

Jun 01, 2016

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 saves £10 million in Rig time

Jun 01, 2016

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…

Fitch Upgrades Palm Beach Port's Bond Outlook to Positive

Jun 01, 2016

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 Sinks to Loss in Q1

Jun 01, 2016

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 Announces new President, Management Changes

May 31, 2016

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…

Falck offers LNG Safety Training for Maritime Industry

May 31, 2016

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…

Trim Optimization – Saving Fuel on Offshore Supply Vessels

May 31, 2016

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…

The Impact of Hull Form on Efficiency

May 31, 2016

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, Nordic Unmanned Join Forces

May 30, 2016

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…

Strike In France: Implications for Tanker Demand

May 29, 2016

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…

Floating Storage Flattens Fortunes of $50 Crude

May 29, 2016

The prices of WTI and Brent crude briefly rose above $50/bbl during intraday trading on Thursday, the highest level seen since the end of July 2015, giving traders a brief moment of optimism, says a report from Alibra Shipping Research. But since then…

GloMEEP Project Forges Ahead with Train-the-Trainer Workshop

May 28, 2016

A global Train-the-Trainer workshop on energy efficiency has been delivered in China (23-27 May), preparing the personnel needed to cascade knowledge on energy efficiency for ships and related efforts for mitigation of greenhouse gas emissions from international shipping…

China COSCO Moving to Offshore Winds

May 27, 2016

China COSCO Shipping, which uses bulk carriers and container vessels to transport goods, has seen its cargo business decline amid China's slowdown and has decided to get into the offshore wind power generation business, reports  Nikkei. Recently…

Poland Getting Ready for More LNG Imports

May 26, 2016

State-run Polish gas company PGNiG will receive its first spot delivery of liquefied natural gas (LNG) from Norway’s Statoil on June 25, it said on Tuesday, taking advantage of cheap and abundant global supply. Reuters reports that on 25 June Swinoujscie will also take delivery of a 140…

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