MacGregor, part of Cargotec, has won new contracts that will see electrically-driven versions of its mooring systems fitted to two new tender assist drilling rigs for Thailand-based Mermaid Maritime Public Company Limited. The Self-Erected Drilling Tender (Hull No…
To meet the rapidly growing demand for a wide variety of LNG related services, DNV GL has established a group of LNG experts in North America. In addition to deep LNG expertise, the Houston-based “LNG Solutions Group - Americas” is also experienced in all business…
Three days of speakers, panels, roundtable discussions, exhibits and networking events More than 150 shipping industry professionals from around the world gathered this month in Stamford, Conn., for SHIPPINGInsight 2014 – a technical and…
The running of the global regime for compensation from oil pollution from ships may be under threat, due to a decision by governments to wind up the 1971 International Oil Pollution Compensation Fund (IOPCF), says the International Chamber of Shipping (ICS)…
British oil and gas producer Afren Plc sacked its chief executive, chief operating officer and two associate directors after an independent review into unauthorised payments found evidence of 'gross misconduct.'Shares in the company rose as much as 6…
Woodside has finalised an agreement with Noble Energy and Glencore to farm in to the Tilapia Production Sharing Contract (PSC) off the coast of Cameroon.The 3875 km² block is located within the Douala Basin, offshore southwest Cameroon in water depths ranging from the shoreline to 1100 m…
Energy demand in South East Asia is expected to grow at twice the rate of the rest of the world. DNV GL has appointed Arve Johan Kalleklev regional manager for Oil & Gas in South East Asia just as the company is establishing a dedicated LNG and Gas Consulting unit in Singapore…
Ferguson Group announced the appointment of Richard Smith to lead its executive team. This appointment follows on from the acquisition of Ferguson Group by the global supply-chain logistics company, Brambles Limited, in September 2014. Richard…
The future of EU–China relations, the country’s investment in Europe as well as sustainable growth and environmental protection in the Chinese economy were just some of the topics on the agenda at the 6th Hamburg Summit last weekend. To foster…
Avisar Paz, the chief financial officer of Israel Corp, will take over as the conglomerate's chief executive once its reorganisation is complete, the company said on Monday.Israel Corp is planning to spin off some of its less profitable…
Drydocks World signed an agreement today with Petrofac to build the BorWin3 high voltage direct current (HVDC) converter platform in the North Sea, named BorWin gamma. When completed, this will provide an essential renewable offshore resource to meet increasing energy demands…
Mr Lui Tuck Yew, Minister for Transport, Singapore, will conduct SGMF’s Global Launch on Stand No. 33 on Wednesday 15th October 2014 at 10.15am in connection with SIBCON 2014 confirms SGMF’s Brand, Marketing and Membership Manager, John Saunders…
Oil and gas explorer and producer Samson Energy Company LLC is selling its offshore Gulf of Mexico assets that could fetch more than $1 billion, according to people familiar with the situation.The Tulsa, Oklahoma-based company has tapped Jefferies LLC…
Morgan Stanley said on Friday that there is 'no assurance' a deal to sell its physical oil trading business to Russian oil company Rosneft will close.The Wall Street bank cited a contractual requirement to get regulatory approvals by year end…
Sierra Leone is aiming to increase its power capacity tenfold by 2017, a plan the energy minister said should be driven by foreign investors despite the outbreak of Ebola and a history of bureaucratic difficulties.Sierra Leone has recorded…
