Maritime services provider Navig8 Group has agreed to buy shallow-water contractor RK Offshore Management. Singapore-headquartered Navig8 Group, the world's largest provider of maritime services, announced that it has entered into agreements…
ABS has granted approval in principle (AIP) to a Hyundai Heavy Industries (HHI) floating liquefied natural gas (FLNG) hull design.Specifically conceptualized for near-shore operations, the vessel was designed with a length of 1,050 ft (320 m)…
Veresen, the developer of the Jordan Cove LNG facility in Oregon, has announced a preliminary agreement on key commercial terms with Itochu, including the purchase of 1.5 million mt/year of LNG (190 MMcf/d or 70.1 Bcf of gas) for an initial term of 20 years…
Automated rigid sail set to bring back wind-assisted propulsion for shipping.Onomichi, Japan – 8th April 2016 – In another important step towards bringing its rigid sail technology onto ships Eco Marine Power (EMP) has commenced work on the production of an EnergySail in Onomichi…
Perth-based Clough has been awarded an engineering services contract by LNG operator Woodside Energy. The contract covers the full spectrum of engineering services including concept and feasibility studies, front-end engineering and design (FEED)…
Bibby Offshore Holdings Limited, a provider of subsea installation, inspection, repair and maintenance (“IRM”) services to the offshore oil and gas industry, announced the appointment of Archie Kennedy to the Board of Bibby Offshore as a Non-Executive Director…
Wood Group has secured a two-year contract extension with TAQA in the North Sea. Wood Group PSN, will continue to provide engineering, construction and maintenance services to five offshore assets - Cormorant Alpha, North Cormorant, Eider…
Chevron Corporation today announced that Randolph S. Richards has been named corporate vice president and treasurer, effective May 1, 2016. Richards replaces Paul V. Bennett, who is retiring from the position after 36 years of service with the company…
U.S. Judge Carl Barbier granted final approval on Monday to BP Plc's civil settlement over its 2010 Gulf of Mexico oil spill after it reached a deal in July 2015 to pay up to $18.7 billion in penalties to the U.S. government and five states…
Subsea services provider to the oil and gas industry Bibby Offshore (BOUK) has secured a multimillion pound contract with a North Sea Operator, to deliver decommissioning operations in the Northern North Sea East Shetland Basin. The agreement…
Semco Maritime Norway informs it has been awarded a new framework agreement for supply of temporary staffing to Statoil ASA.The agreement applies to several types of specialists, both onshore and offshore, at Statoil’s installations and onshore facilities…
Nearly six years after the BP oil spill in the Gulf of Mexico, Hollywood takes its shot at recounting the tragedy with a film due this fall aiming to tell the story on the fatal blowout and its aftermath. The oil spill, one of the largest environmental disasters in global history…
Seaspan Shipyards, announced today the start of construction on Seaspan’s second National Shipbuilding Strategy (NSS) ship, the Canadian Coast Guard (CCG)’s second Offshore Fisheries Science Vessel (OFSV). “Seaspan is now full-steam ahead…
BlackRock Inc is planning to unveil a new U.S.-listed exchange-traded fund that will invest in all areas of the junk-bond market except the tattered energy sector, the asset manager said in a regulatory filing this week. The first-of-its kind fund…
Damen Shipyards Group has developed a committed response to the increasing number of laid up Platform Supply Vessels (PSVs) resulting from the current predicament facing the offshore oil and gas industry. The Dutch company’s solution involves…
