Latest News - page 1830

 

Mud Rescue Exercise at Wirral's West Kirby Beach

Dec 01, 2014

Coastguards and Merseyside Fire & Rescue Service put their skills to the test this weekend, as they took part in a joint training exercise.Coastguard Rescue Officers from the Hoylake and New Brighton teams were involved in mud rescue scenarios alongside fire officers…

Fugro Names Randolph as UWA Geotechnics Chair

Dec 01, 2014

Professor Mark Randolph, Fellow of the Royal Society (UK), has been appointed to the recently announced ‘Fugro Chair in Geotechnics’ at the University of Western Australia’s Centre for Offshore Foundation Systems (COFS).  The announcement was made at a ceremony held at the university…

Early Termination for Viking’s AHTS Vessels

Dec 01, 2014

As previously communicated, Viking Supply Ships has entered into an agreement with a major oil company for the charter of three vessels. The contract applies to the drilling seasons 2014 and 2015, with options for the drilling seasons 2016 and 2017…

DSCV SBM Installer Sold to OS Installer

Dec 01, 2014

SBM Offshore has entered into an agreement to sell the DSCV SBM Installer, a Diving Support and Construction Vessel (DSCV), to OS Installer AS for US$150 million in cash.OS Installer AS is a newly established joint venture between Ocean Yield ASA (75%) and SBM Offshore (25%)…

SK E&C Awarded Contract for Magnolia LNG

Dec 01, 2014

Liquefied Natural Gas Limited informs that its wholly owned subsidiary, Magnolia LNG LLC (MLNG) has agreed to an EPC contract with SK E&C USA (EPC Contract) in relation to the Company’s Magnolia LNG Project. The Contract covers the initial 4 mtpa LNG installation…

CMA CGM Agent in Munich Relocated

Dec 01, 2014

CMA CGM Agent in Munich will be Relocated from Friday, November 28th, 2014, CMA CGM (Deutschland) office in Munich will move to the following address:CMA CGM (Deutschland) GmbHBranch Office MunichOtl-Aicher-Str. 70D-80807 MünchenGERMANYPhone and fax numbers remain unchanged.

Containers Must be Weighed Before Shipping

Dec 01, 2014

United Nations’ International Maritime Organization (IMO) has decided to make it mandatory to weigh loaded containers before they are transported by sea. This will enhance safety and prevent pollution of the marine environment.In the future…

NORECO's Revenue Dips in 3Q 2014

Dec 01, 2014

Norwegian Energy Company’s (Noreco) production in the third quarter of 2014 was basically unchanged from the previous quarter, significant impairments took down Noreco net results after tax to minus NOK 1 101 million.Revenues in the third quarter 2014 were NOK 296 million…

Keppel Infrastructure Sheds Facilities Arm

Dec 01, 2014

Keppel Infrastructure Holdings Pte Ltd (KI), through its wholly-owned subsidiary, has signed an agreement for the sale of its entire stake in Keppel FMO (KFMO) to Cofely GDF SUEZ for a cash consideration of S$44.72 million, subject to a post…

Statoil to be Johan Sverdrup operator

Dec 01, 2014

Statoil has been recommended as Johan Sverdrup operator. Their agreement will be included in the Unit Operating Agreement (UOA), which is planned to be submitted to the authorities in February 2015 together with the Plan for Development and Operation (PDO)…

Naimi Declares Price War on U.S. Shale Oil

Nov 30, 2014

Saudi Arabia's oil minister told fellow OPEC members they must combat the U.S. shale oil boom, arguing against cutting crude output in order to depress prices and undermine the profitability of North American producers.Ali al-Naimi won the argument at Thursday's meeting…

Vattenfall Puts Nuclear Plans on Hold

Nov 30, 2014

Sweden's Vattenfall will drop plans to build new nuclear reactors because a new government, which includes the Green Party, doesn't support them, the company said on Friday.The previous centre-right government overturned a policy of phasing out nuclear power…

Fire Takes Another Belgian Nuclear Reactor Offline

Nov 30, 2014

Electrabel temporarily closed a nuclear reactor on Sunday after an electrical fire, Belgium's electricity transmission system operator said, leaving only three of the Belgian firm's seven nuclear plants in action.Electrabel, part of France's GDF Suez…

Rosneft Acquires 16.67% Share in PCK Raffinerie

Nov 30, 2014

Total and Rosneft signed a Term Sheet that envisages the main terms and conditions of the purchase of 16.67% share in a refinery located in Schwedt, Germany (PCK Raffinerie GmbH). The document was signed in Sochi by the Head of Rosneft Igor…

Petrobras is World’s 12th largest

Nov 30, 2014

Petrobras is now the world’s 12th largest oil and gas company, according to the 2014 edition of the Petroleum Intelligence Weekly (PIW) ranking, published by the Energy Intelligence Group. This annual ranking lists the 50 largest companies in the sector…

Logistics News

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Ports Urge Congress to Reverse Infrastructure Funding Cuts

Ports Urge Congress to Reverse Infrastructure Funding Cuts

US Commerce Disorganization Stalls Thousands of Export Approvals

US Commerce Disorganization Stalls Thousands of Export Approvals

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Russian Oil Vessels Forced to Divert From India Under US Sanctions

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