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Offshore News

 

Subsea 7 Signs on for FutureOn Planning Software

Aug 03, 2018

Norway-based digital technology innovator FutureOn announced a multi-license contract for its Field Activity Planner (FieldAP) software with Subsea 7, a leading global contractor providing engineering, construction and services to the offshore energy industry…

DNV GL Secures Shell Penguins Contract

Aug 02, 2018

DNV GL has won a cross-service contract to support Shell's Penguins Field redevelopment on the UK Continental Shelf.The contract with Shell involves a team which will deliver an integrated verification and class project for the operator's Penguins…

Bhagwan Marine Expands Fleet

Aug 01, 2018

Just months after moving its corporate headquarters to Perth in order to strengthen relationships with Western Australia’s largest Oil & Gas clients, Bhagwan Marine has expanded its fleet further to meet the needs of those clients.The CMV Athos…

Shell Hires Velesto Energy for Malaysia Drilling

Jul 30, 2018

Velesto Energy was awarded a RM 101 million (USD 25 million) contract from Sarawak Shell Bhd (SSB) and Sabah Shell Petroleum Company Ltd (SSPC) for the provision of jack up drilling rig services.Velesto Energy was formerly known as UMW Oil &…

Liebherr Bags Order to Deliver Heavy Lift Crane

Jul 30, 2018

Switzerland based Liebherr Group together with the Norwegian companies OHT, Ulstein Design & Solution BV, DNV-GL as well as Chinese shipyard CMHI are working to manufacture a unique vessel for applications in the wind energy sector, decommissioning…

Wison Bags FEED Contract for FLNG Project from Western LNG

Jul 28, 2018

Wison Offshore & Marine and Western LNG signed a technical service agreement (TSA) for the new floating liquefied natural gas (LNG) project that Western is developing in British Columbia, Canada.Pursuant to the TSA, Wison will develop the basis…

Baker Technology Buys Stake in CH Offshore

Jul 28, 2018

Oil and gas equipment supplier Baker Technology on Thursday made a mandatory unconditional cash offer for all the shares in CH Offshore, a vessel chartering firm.'BT Investment (BTI), a direct wholly-owned subsidiary Baker Technology, has announced…

GTT Revenue Grows Thanks to Strong LNG Market

Jul 27, 2018

French liquefied natural gas containment system specialist Gaztransport & Technigaz (GTT), on the back of liquefied natural gas (LNG) market growth, reported 12% growth in revenues linked to royalties  for the first half of 2018.Growth in LNG…

DNV GL, TMT Sign Deal on Rotor Blades

Jul 26, 2018

DNV GL, the world’s largest resource of independent energy experts and certification body, has signed a comprehensive framework agreement with leading Chinese wind turbine blade manufacturer Zhuzhou Times New Material Technology (TMT).The deal…

169 Ships Sold to South Asian Beaches for Breaking

Jul 25, 2018

Of the 220 ships broken in the second quarter of 2018, 169 were sold to be scrapped on the beaches of South Asia, says NGO Shipbreaking Platform.In the second quarter of 2018, American ship owners sold the most ships to the South Asian yards with 26 vessels beached…

Ocean Rig Announces New Contracts

Jul 23, 2018

The international contractor of offshore deepwater drilling services Ocean Rig UDW  has entered into a new drilling contract with Chariot Oil & Gas Limited for a one-well drilling program, for drilling offshore Namibia.The contract is expected…

Teekay Offshore Taps Steinsland as CFO

Jul 23, 2018

Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P., announced today that Jan Rune Steinsland has been appointed the new Chief Financial Officer (CFO) of Teekay Offshore Group Ltd., a management services company that…

UAE's Adnoc Awards USD 1.6bln Contract to China’s CNPC

Jul 20, 2018

The Abu Dhabi National Oil Company (ADNOC) has awarded contracts worth AED 5.88bn (US $1.6bn) for the world’s largest continuous 3D onshore and offshore seismic survey, covering an area up to 53,000 square kilometres, as the company continues…

MOL buys Eni's Adriatic Offshore Gas Stakes

Jul 20, 2018

MOL Group’s Croatian INA agreed to buy Eni Croatia BV, a wholly-owned member of Eni Group, through which Eni participated in the joint project of gas production in Croatia’s offshore areas Northern Adriatic and Marica.INA will become the 100%…

Ice-Breaking LNG Carrier Vladimir Rusanov First Call at PetroChina LNG Jiangsu Terminal

Jul 20, 2018

Mitsui O.S.K. Lines (MOL) announced that the Ice-Breaking LNG Carrier 'Vladimir Rusanov', which is jointly owned by MOL and China COSCO Shipping Corporation Limited for the Yamal LNG project, made its first call at PetroChina LNG Jiangsu Terminal in China on 17 July…

Logistics News

DFC, Chubb Announce Additional Partners and Maritime Reinsurance Coverage

DFC, Chubb Announce Additional Partners and Maritime Reinsurance Coverage

Petronas-Chartered Tanker Passes Through Hormuz

Petronas-Chartered Tanker Passes Through Hormuz

Ukrainian Drones Sink Russian Cargo Vessel

Ukrainian Drones Sink Russian Cargo Vessel

Operations Begin at Jubail Container Terminal in Saudi Arabia

Operations Begin at Jubail Container Terminal in Saudi Arabia

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Bloomberg News reports that the Russian Baltic port has resumed crude loading following an attack.
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Trump says he will strike Iran's infrastructure on Tuesday, if the Strait is blocked