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ADNOC to Cut 2024 Upper Zakum Oil Supply to Some Term Buyers -sources

Nov 09, 2023

Abu Dhabi National Oil Company (ADNOC) has notified some term customers that it will reduce the volume of Upper Zakum crude oil supply in 2024, three sources with direct knowledge of the matter said on Thursday.The move could affect supplies to China, the world's top crude importer as well as the biggest lifter of Upper Zakum crude.It is not immediately known how much volume of the medium-sour grade ADNOC will reduce for existing customers…

DOF Sells PSV Skandi Captain

Dec 13, 2023

DOF Rederi, a fully owned subsidiary of Norway's DOF Group, on Wednesday entered into an agreement to sell the 2004-built, medium-size platform supply vessel (PSV) Skandi Captain to an undisclosed international buyer.The vessel is slated to…

Oceanology International Announces Marine Technology Reporter as Exclusive Video Media Partner

Nov 02, 2023

Marine Technology Reporter (MTR) has been unveiled as the exclusive video media partner of the Oceanology International exhibition and conference and will be delivering extended broadcast coverage from the 2024 event (Oi24).The collaboration…

Kraken Robotics Secures Order for AquaPix MINSAS System for HII's REMUS 620 Medium Class UUV

Nov 02, 2023

Canadian marine robotics specialist Kraken Robotics has received an initial order for its AquaPix Miniature Synthetic Aperture Sonar (MINSAS) System for HII’s new REMUS 620 Medium Class UUV. 'Synthetic Aperture Sonar is quickly becoming the…

CNOOC, Petrobras Announce Strategic Cooperation Agreement

Aug 29, 2023

Chinese state-owned oil and gas giant CNOOC has signed a strategic cooperation agreement with Brazilian state oil firm Petrobras, Chinese government-backed media outlet The Paper reported on Tuesday, citing CNOOC.The agreement stated that the…

Siem Offshore's AHTS Vessels Win Work in Australia

Jul 26, 2023

Norwegian offshore vessel operator Siem Offshore has secured a medium-term contract for two AHTS vessels.Siem Offshore said Tuesday that the contracts were for its 2010-built Siem Aquamarine and 2011-built Siem Amethyst AHTS vessels.The company did not say who the client was exactly…

Nord Stream Sabotage Probe Turns to Clues In Poland - WSJ

Jun 12, 2023

German investigators are examining evidence suggesting a sabotage team used Poland as an operating base to damage the Nord Stream pipelines in the Baltic Sea in September, the Wall Street Journal reported on Saturday.The investigators have reconstructed the two-week voyage of the 'Andromeda'…

U.S. Coast Guard Saves Three Boaters Stranded on Offshore Oil Platform

May 22, 2023

The U.S. Coast Guard said Sunday it had rescued three boaters from an offshore oil platform after their vessel sank near Freeport, Texas, Sunday.'Coast Guard Sector Houston-Galveston watchstanders received a report at approximately 3 a.m. from…

Norway Crude Mops Up in Europe as Russia's Urals Heads East

Apr 18, 2023

The clear winner in the race to replace Russian oil at Europe's refineries is Norway's Johan Sverdrup crude, according to Refinitiv Eikon data and traders.Johan Sverdrup was launched in 2019, making it a relative newcomer compared to Russia's Urals grade…

ClassNK Grants AIP for Offshore Wind Vessel Conversion

Apr 14, 2023

Classification society ClassNK announced it has issued an approval in principle (AIP) for the conversion plan of the medium-sized self-elevating platform (SEP) vessel for the installation of large wind turbine generator (WTG) on a semi-sub floater in port jointly developed by TOA Corporation (TOA)…

Helix Books Siem Topaz AHTS for Offshore Wind Work in Taiwan

Mar 09, 2023

Norwegian offshore vessel owner Siem Offshore has secured a medium-term contract for the AHTS Siem Topaz for client Helix Robotics Solutions Inc. in Taiwan. The contract will start during March 2023. The contract has a firm period reaching into the fourth quarter of 2023…

New Intelligence Points to Pro-Ukraine Group in Nord Stream Attack

Mar 07, 2023

New intelligence reviewed by U.S. officials suggests that a pro-Ukraine group - likely comprised of Ukrainians or Russians - attacked the Nord Stream gas pipelines in September, but there are no firm conclusions, the New York Times reported on Tuesday…

NKT to Provide Technical Support for Taiwan's First Subsea Power Cable Factory

Feb 24, 2023

NKT, a Denmark-based company specializing in power cable making and installation, said Friday it would sign a joint venture deal with Taiwanese cable company, Walsin Lihwa, to provide technical support for the construction of the first subsea power cable factory in Taiwan…

Drydocks, Aker Solutions JV Pens Deal to Upgrade FPSO for Equinor's Rosebank Field

Feb 03, 2023

Dubai's shipbuilding and shiprepair company Drydocks World and Norwegian offshore engineering and construction firm Aker Solutions have established a joint venture to upgrade the Petrojarl Knarr FPSO for Equinor's Rosebank offshore oil and gas field in the UK…

Atlantica Shipping Adds Fourth PSV to Fleet

Jan 24, 2023

Oslo-based offshore vessel owner Atlantica Shipping has taken delivery of its fourth platform supply vessel.The company said in a social media post that it had expanded its fleet with the 2005 built UT 755L Atlantica Server.The vessel, previously…

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Conflict Heating Up Over Cosco's Megaport in Peru

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Container Ship Deliveries Hit YTD Record

Insurance Coverage and the Key Bridge Collape

Insurance Coverage and the Key Bridge Collape

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