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 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…
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…
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…
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, 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…
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…
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…
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 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…
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…
Marat Garaev has been appointed Director General of Gazprom Pererabotka, a fully-owned subsidiary of Gazprom.Marat Garaev was born in October 1973 in the Tatar Autonomous Soviet Socialist Republic. In 1998, he graduated from the Saint Petersburg…
Technip’s wholly-owned subsidiary Technip Umbilicals Ltd.(1) has been awarded a contract by Statoil ASA to supply the umbilical(2) to the Oseberg Vestflanken 2 field offshore Norway. This field is located approximately 8 kilometers North West…
Oil sector workers of French CGT and FO unions voted on Monday to begin a strike at Exxon Mobil's 240,000 barrels-per-day Port Jerome refinery in northern France, the unions said in a joint statement. Workers at a port terminal in Le Havre…
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…
