Offshore News

 

Ocean Rig Commences Tender Offer

Mar 10, 2014

Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, announced that it has commenced a cash tender offer for any and all of its currently outstanding 9.5% Senior Unsecured Callable Notes due 2016 on the terms and subject…

Singapore, UK Researchers Team up for Maritime R&D

Mar 05, 2014

Building on the fruitful past decade of U.K.-Singapore cooperation in scientific research and development, A*STAR’s Institute of High Performance Computing (IHPC) and the Southampton Marine and Maritime Institute (SMMI) officially launched a…

Jamieson Joins Unique Maritime Group's Diving Division

Mar 03, 2014

Unique Maritime Group, an integrated turnkey subsea and offshore solution providers, has announced the joining of Scott Jamieson as the Group Business Development Manager for its Diving Division. He will be based at UMG’s head office in Sharjah…

Bibby Travel Buys GAC Travel

Mar 03, 2014

Bibby Travel announced the acquisition of GAC Travel Limited with effect from March 1, 2014. The deal will see GAC Travel integrated within Bibby Travel, a trading division of Bibby Ship Management Ltd in western Europe.Ed Rimmer, Chief Executive Officer…

BSEE's Salerno Visits Arctic Challenger, USCG, ABS Leaders

Feb 27, 2014

On February 20 and 21, 2014 Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno and BSEE Alaska Region Director Mark Fesmire traveled to Bellingham, Wash. to meet with senior leaders from the U.S. Coast Guard and the…

BP Loses Bid to Block Seafood Fund Payments

Feb 27, 2014

A U.S. federal judge on Wednesday denied BP Plc's request to halt payments from the $2.3 billion fund it created to compensate commercial fishermen for financial losses after the British company's 2010 offshore oil spill, according to court records…

Accident Prompts TAQA to Shut Down UK North Sea Platform

Feb 27, 2014

The 12,000 barrel-per-day (bpd) Harding oil platform in the UK North Sea is being shut down as a precaution after a worker fell off and died early on Thursday, a spokesman for operator TAQA said.'Production is being shut down,' the spokesman for the Abu Dhabi National Energy Co…

Conquest to Use MirTac and StarIPS Software

Feb 26, 2014

Maritime consultancy firm MirTac announced that Conquest Offshore has purchased the Star software and related database and implementation services. Conquest Offshore will be implementing the maintenance, purchase and safety management software both in the office as well as onboard its fleet…

Chesapeake Plans to Cut Drilling Costs by $900M

Feb 26, 2014

Reuters - Chesapeake Energy Corp said it planned to cut drilling and well-completion costs by nearly $900 million in 2014 after reporting quarterly results that missed analysts' estimates.The No.2 U.S. natural gas producer, whose shares fell 3 percent in premarket trading…

Sembcorp Marine Q4 Net Profit Up 9.2%

Feb 24, 2014

(Reuters) Singapore's Sembcorp Marine Ltd, one of the largest offshore drilling rig producers in the world, said its net profit in the fourth quarter rose 9.2 percent as higher operating profit offset lower contributions from associates and joint ventures…

Air2Work Invests £1million in UKCS Base

Feb 24, 2014

Energy sector breathing equipment specialist Air2Work has announced the appointment of new CEO Kevin O'Connor in Aberdeen, as it confirms an investment of more than £1million to expand its UKCS fleet of equipment for workers operating in hazardous environments on and offshore…

BOS Completes Short Notice Call Out Contract

Feb 19, 2014

Bibby Offshore Singapore (BOS) said it has successfully completed a call out contract with PTT Exploration & Production Co Ltd (PTTEP).The project involved a short notice mobilization, and saw the BOS-operated DP2 ROV Support Vessel, the…

Aasta Hansteen Project Creates 200 Jobs

Feb 14, 2014

The Aasta Hansteen and Polarled development projects will have significant spinoff effects in the north. So far the projects are set to ensure jobs for 200 people on the Helgeland coast.'Aasta Hansteen is a pioneer project in Northern Norway…

Lloyd’s Register Energy Offers O&G Insight

Feb 11, 2014

Lloyd's Register Energy provides insight into operational integrity at the 2014 Australasian Oil & Gas Exhibition and Conference, February 19-21. The event will showcase Lloyd’s Register Energy’s (LRE) capability in the oil and gas sector…

Drum Cussac Security Business up in 2013

Feb 05, 2014

Drum Cussac's maritime security market share grew by 50 percent in 2013  In the second half of 2013, the number of secured transits conducted by Drum Cussac, using both armed and un-armed security consultants, was 16% up on the same period in 2012…

Logistics News

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

DFDS Reaches 10,000 Sailings in Türkiye

DFDS Reaches 10,000 Sailings in Türkiye

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Nigeria's Trans Niger oil pipeline bursts, spills crude, rights group says
Data shows that Venezuela's state oil company exports crude grade previously exported by Chevron
CMA CGM, France, will redeploy its fleet to avoid U.S. Port Fees on Chinese vessels