The Short-Term Energy Outlook (STEO) released on August 11 forecasts that North Sea Brent crude oil prices will average $54 per barrel (b) in 2015 and $59/b in 2016, which is $6/b and $8/b lower than projected in last month’s STEO, respectively (Figure 1)…
More than 100 city officials, educators, community members, and representatives from the river industry attended West Kentucky Community and Technical College’s open house and ribbon cutting for its Inland Logistics and Marine Institute (ILMI) August 10…
Barakah Offshore Petroleum’s subsidiary, PBJV Group Sdn Bhd (PBJV), has received a Letter of Award from Malaysian oil company Petronas Carigali Sdn Bhd, for the supply, refurbishment and maintenance of cleaning pig and associated services in Sabah and Sarawak…
The Panama Canal Authority (ACP) expressed its satisfaction after the main contractor for the Third Set of Locks Project, Grupo Unidos por el Canal (GUPC), and the National Union of Workers of Construction and Similar Industries (SUNTRACS)…
Even as world energy prices continue to maintain low pricing levels, offshore contracts are there to be won.Keppel Offshore & Marine Ltd has secured a Floating Production Storage and Offloading (FPSO) conversion contract as well as three repair…
Divers Northern Fleet raised from the bottom of the Kola Bay, an American anti-aircraft gun, which lay there for 70 years.Earlier it was reported that the specialists of the search and rescue (UPASR) Northern Fleet (NF) completed the…
Adani Ports and Special Economic Zone Limited (“APSEZ”), India’s largest port developer and part of Adani Group, today announced the financial results for the quarter ended June 30, 2015.Consolidated cargo across all ports handled by the company was 40 MMT in Q1FY16…
Alberta's energy regulator said on Saturday it is investigating reports that about 30 blue herons have died at a Syncrude Canada oil sands mine site in the northern part of the Canadian province.The Alberta Energy Regulator said it sent investigators to the Syncrude Canada Mildred Lake site…
Hong Kong’s Marine Department has issued a reminder about safe handling of containers following the investigation into the death of a sailor on board a container vessel during cargo unloading operations.The incident occurred while containers…
Stoody, an ESAB brand, has recently launched the new Stoody Tech Services (STS) hotline to provide a valuable resource to distributors and applicators seeking answers about product selection and the application of hardfacing and high alloy joining consumables…
The Honorable Gail Shea, Minister of Fisheries and Oceans, announced today an investment to improve safety and working conditions for fishermen at Naufrage Harbor, Prince Edward Island. This funding will be used to replace a section of an existing deteriorated wharf with a new structure…
BW Offshore has successfully used Miko magnetic patches in a pioneering new repair technique that creates significant time and cost savings. When some cracks appeared in hull plating in the engine room of the FPSO Abo operating off the Nigerian coast…
International Maritime Organization (IMO)'s Chris Trelawny has visited the Maritime Trade Information Sharing Centre (MTISC-GoG), located in the Regional Maritime University of Accra, Ghana. The multinational centre provides advice and…
While searching for baby lobsters no bigger than a 50-cent piece, Australian researchers discovered a series of giant volcanoes off the coast of Sydney.The four previously unknown volcanoes, which are now extinct, are situated about 250 kilometres off Sydney in about five kilometres of water…
Iceland was not involved in the creation of the new joint cooperation agreement on fishing in the Arctic Ocean, and insists it should be included.The five nations involved in the agreements since 2008 all have coastal boundaries with the Arctic Ocean…
