Energy News - page 57


McClain Appointed MD of Braemar Engineering

Jun 08, 2016

Braemar Shipping Services Group PLC is pleased to announce that Sheila McClain, Executive Vice President of Braemar Engineering, has been appointed Braemar Engineering's new Managing Director.  Sheila will continue to be based in Houston, Texas…

COSCO Launches World's Largest Oil Tanker Fleet

Jun 07, 2016

China's largest shipping company by fleet size China COSCO Shipping Co has officially launched COSCO Shipping Energy Transportation Co in Shanghai on Monday, creating the world's largest oil tanker fleet in terms of both ship numbers and deadweight tonnage…

CWind CEO Resigns, Andrews Steps up as MD

Jun 06, 2016

Offshore wind services provider CWind announced that its CEO, Chris Randle, has decided to leave the group to pursue opportunities outside the company.  Lee Andrews has accepted the position as Managing Director for CWind, moving up from…

Esvagt Deepens Relationship with Hess

Jun 06, 2016

Purpose built ESVAGT vessel to perform additional tasks for Hess at the South Arne field. ESVAGT and Hess, who have collaborated at the South Arne field for 17 years, have agreed to extend their relationship for an additional twelve years…

GTT Settles in China

Jun 06, 2016

6 June 2016. GTT has inaugurated, on June 3rd, its office in Shanghai: GTT China. Several officials from Chinese companies in the transport and industry of Liquefied Natural Gas (LNG) sectors attended the ceremony, in the company of Adnan Ezzarhouni…

Maersk to Use Drones to Resupply its Fleet of Tankers

Jun 06, 2016

Global shipping and logistics firm Maersk is looking at ways to use drones for delivering equipment to ships and is planning to conduct a test later this year, after using the technology in January for delivering cookies to a tanker at sea…

ATCM Reaffirm Commitment to Ban on Mining in Antarctic

Jun 04, 2016

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 Evaluates Array Cable Risk in UK

Jun 03, 2016

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…

2016 and Two FPSOs in US GoM: The 20 Year Saga

Jun 02, 2016

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 Winches for Wave Energy Capture

Jun 02, 2016

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 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…

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