Offshore Energy News

 

Singapore Strengthens Maritime Ties with Norway

Oct 11, 2016

The Maritime and Port Authority of Singapore (MPA), represented by Chief Executive, Andrew Tan, signed a Joint Statement with the Norwegian Ministry of Trade, Industry and Fisheries on October 10 during the State Visit by President Tony Tan Keng Yam to Norway…

McNeel to Replace Lieungh as Sevan Marine CEO

Oct 10, 2016

Carl Lieungh will step down as CEO of Sevan Marine ASA effective January 1, 2017. The company’s board of directors has appointed current CFO Reese McNeel to take up the CEO role while continuing to carry out the CFO function. Under the agreement reached between Lieungh and the board…

ASRY Woos Back Greek Major Owner

Oct 10, 2016

ASRY has successfully brought one of the European tanker market’s biggest tanker fleet owners back to the yard. Euronav, the Greece-base owner, operator and manager of a fleet of 53 modern large tankers, chose ASRY for the recent repair of ‘Cap Diamant’…

DONG Energy to Build Hub for UK Offshore Wind

Sep 22, 2016

Denmark's DONG Energy said on Thursday it would build a multi-million-dollar maintenance hub in Grimsby, northeast England, to provide services for its offshore wind operations.The new facility would, subject to planning approval, be built…

Chet Morrison Partners on Riser Project

Sep 21, 2016

Chet Morrison Contractors’ Deepwater Riser Services division recently completed work on a complex deepwater riser maintenance project for an offshore drilling rig that included complete disassembly, blast, paint and reassembly of 57 risers. By…

IUMI: Gloomy Outlook for Offshore Energy Insurance Sector

Sep 21, 2016

Gloomy outlook for offshore energy insurance sector blighted by falling premium base and increased volatility, says IUMISpeaking at yesterday’s IUMI Genova conference, Simon Williams, Chairman of IUMI’s offshore energy committee, warned that…

InterMoor Appoints Price as Canada Country Manager

Sep 19, 2016

InterMoor, an Acteon company, has appointed Joe Price as Country Manager for InterMoor Canada based in St. John’s, Newfoundland, the regional hub for the Canadian offshore oil and gas sector.Price, a native Newfoundlander, is a graduate…

Cost Reduction of Well Construction on UK Continental Shelf

Sep 13, 2016

Since 2004, well construction costs in the UK Continental Shelf (UKCS) have doubled, directly impacting drilling activity which is currently at an all-time low. However, collective industry efforts are already focusing in on how a reduction…

VBR Supports South Louisiana Flood Victims

Sep 13, 2016

Variable Bore Rams Inc. (VBR), one of the largest original equipment manufacturer (OEM) ram and BOP component providers in the world, is lending support to communities in the southern Louisiana disaster zone in the wake of recent flooding. President of VBR…

DNV GL Launches New Approach to Manage Uncertainty in Risk Assessment

Aug 30, 2016

There is increasing emphasis from regulators on addressing uncertainty in risk assessments to improve safety. DNV GL’s new paper, ‘Enabling confidence – addressing uncertainty in risk assessments’, describes an improved risk management approach…

McDermott Uses Allocate Software to Manage Global Talent

Aug 24, 2016

Allocate Software, a provider of offshore and maritime workforce management software, announced McDermott International Inc successfully deployed the company’s Offshore Suite, creating a central skills matrix that harnesses the talents of its…

Szews Joins Rowan Board of Directors

Aug 23, 2016

Charles L. Szews has been appointed by Rowan Companies plc to the group’s board of directors, effective immediately. Szews was recommended to the company by one of its largest shareholders, Blue Harbour Group, L.P., which has entered into…

LR's OVID to Strengthens Vessel, Rig Inspection Service

Aug 18, 2016

Inspectors of Lloyd’s Register are optimising inspection regimes thanks to their accredited status using the OVID web based inspection tool to reference inspection reports.“OVID has been designed to provide a number of positive benefits…

Ng Pock Appointed Dy Chair of OSS Asia Pacific

Aug 17, 2016

OOS International BV has appointed Dr. Ng Pock Too as the Deputy Chairman of OOS Asia-Pacific Private Limited, a subsidiary of OOS International B.V., with effect from 28-July-2016.Dr. Ng will also serve as a supervisory board member to OOS International B…

Oil Rig Rescue Highlights ETV Importance - Nautilus

Aug 12, 2016

Responding to reports that the government’s Emergency Towing Vessel (ETV) Herakles was deployed to assist a tug experiencing trouble off the coast of Scotland, Nautilus general secretary Mark Dickinson said, ‘The incident highlights the vital…

Logistics News

Near-Record US Container Imports in April Expected to Snap in May Due to Tariffs

Near-Record US Container Imports in April Expected to Snap in May Due to Tariffs

New IMO Designation for the Mediterranean Sea Helps Bring More Doba Crude to Europe

New IMO Designation for the Mediterranean Sea Helps Bring More Doba Crude to Europe

Potential Return of Container Ships to Red Sea Following US-Houthi Ceasefire Could Collapse Freight Rates

Potential Return of Container Ships to Red Sea Following US-Houthi Ceasefire Could Collapse Freight Rates

Liebherr Marks 25 years of RTGs with Enhanced Product Range

Liebherr Marks 25 years of RTGs with Enhanced Product Range

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Ukraine sunoil exports fell 36.2% in April year-on-year, according to traders' union
Doba crude oil to be imported in greater quantities thanks to new Mediterranean fuel regulation
Tariffs are expected to end the near-record US container import streak in May