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…
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…
Leading international classification society Bureau Veritas has developed a one-stop- shop mobile application which will allow marine professionals to easily perform daily class and statutory actions through a user-friendly interface. With My VeriSTAR…
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…
CIMC Enric, an affiliate company of China International Marine Containers (CIMC), has announced that it has terminated the acquisitions of Sinopacific Offshore & Engineering (SOE), the offshore unit of Sinopacific Shipbuilding.CIMC Enric…
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…
Thailand’s Mermaid Maritime said it has been awarded a number of subsea contracts in the Middle East with a total worth of $11million. It has also reached an agreement with builder China Merchants Industry Holdings to postpone the delivery dates for its new assets currently under construction…
Prosafe, owner and operator of semi-submersible accommodation vessels, informs that its Chairman, Harald Espedal, has notified the company that he will step down from his position as Chairman and Director of the Board “for work load reasons”…
Primeline Energy Holdings Inc. announces that it has sent a letter to China National Offshore Oil Corporation (CNOOC) and CNOOC China Limited (CCL) (together CNOOC Group) giving formal notice of its intention to commence arbitration proceedings…
Norwegian offshore shipping company Olympic Shipping has entered into a frame agreement with Canyon Offshore for the joint marketing and subsequent operation of the subsea construction vessel (SCV) Olympic Athene and Canyon’s ROV systems. Under…
Less domestic petrochemical consumption of LPG would be positive for VLGC shipping as it would result in a greater surplus of LPG available for export. However, it is still unclear whether this dedicated-feedstock ethylene (five new ethylene plants…
Oil majors are in talks with Mexico’s state-owned Petroleos Mexicanos (Pemex) as the struggling state-run oil producer seeks partners to develop deepwater crude in the Gulf of Mexico, reports Bloomberg. Petroleos Mexicanos is in talks with Exxon Mobil Corp…
Brazil's interim President Michel Temer will formally invite Pedro Parente, currently the chairman of financial bourse BM&FBovespa SA, to become chief executive of state-controlled oil company Petróleo Brasileiro SA , chief of staff Eliseu Padilha said on Thursday…
After a five-month integration process, DEA has set up a new organisation, DEA Norge in Norway and has appointed Hans-Hermann Andreae as its Managing Director. He heads the business in Norway from the new headquarters in Stavanger. The company…
The Middle-East-focused marine logistics services provider Atlantic Navigation Holdings (Singapore) Limited has won long term charters for 10 OSVs with a combined value of around $236m from a Middle Eastern national oil company. The 10…