Babs Omotowa, Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), has raised alarm over Nigeria’s dwindling investments in Liquefied Natural Gas (LNG), according to a report in Thisday. He noted that with no new investments…
Cyprus-based Ocean Rig has stepped in to buy the sixth generation ultra-deepwater (UDW) drillship Cerrado, which once drilled the giant Libra prospect offshore Brazil, following its owner Brazil-based Schahin Group bankruptcy declaration last April…
Transocean, the world's leading offshore drilling contractor with 61 rigs in its fleet, has issued a Fleet Status Report that provides the current status of and contract information for the company's entire fleet of offshore drilling rigs. Being…
The National Ocean Industries Association (NOIA) presented Technip USA, Inc. with the 2016 NOIA Safety in Seas (SIS) Culture of Safety Award today during the association’s annual meeting in Washington, D.C. Technip USA won the Culture of Safety Award in recognition of Technip’s Pulse program…
Leading international classification society Bureau Veritas has developed guidelines for walk-to-work (W2W) motion compensated Offshore Access Systems (OAS) which are used to transfer industrial personnel to and from offshore installations.…
Incat Crowther announced the delivery of Najla McCall, the second vessel in SEACOR Marine’s Express Plus class of Fast Support Vessels (FSV).Sistership to the Alya McCall launched in November last year, Najla McCall has seating capacity…
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…
