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Offshore News

 

Lowe Named Ensco's Next COO

Dec 07, 2015

Carey Lowe has been named chief operating officer of offshore drilling services provider Ensco plc. He is based in London and succeeds Mark Burns, who is retiring from the company.Lowe has held various executive management positions at Ensco since joining Ensco in 2008…

OpenHydro Claims Accolades for Innovation

Dec 07, 2015

Tidal energy developer OpenHydro, a DCNS company, has secured honors at this year’s Engineers Ireland Excellence Awards and SEAI Sustainable Energy Awards.  At the Engineers Ireland Excellence Awards, OpenHydro won the Tech Innovation Award for its Turbine Control Center…

National Oilwell Varco Slashes 900 Norwegian Jobs

Dec 07, 2015

U.S. oilfield equipment maker National Oilwell Varco Inc will cut its Norwegian workforce by another 900 people after low oil prices resulted in fewer orders, the company said on Monday.The layoffs come on top of cuts announced in June when…

Workers Rescued from Oil Platform Fire in Caspian Sea

Dec 04, 2015

Forty two workers have been rescued from an offshore oil platform that caught fire in Azerbaijan's sector of the Caspian Sea, Azeri independent TV ANS said on Friday. Azeri state energy company SOCAR was not immediately available to comment…

Three Workers Missing in Offshore Platform Accident

Dec 04, 2015

Three workers are missing after an accident at an offshore oil platform in the Caspian Sea in Azerbaijan, Azeri state energy company SOCAR said on Friday. SOCAR said a small cabin, where workers were living, was washed into the sea from the platform during a heavy storm…

Sembcorp - Marco Polo Dispute Update

Dec 02, 2015

Rig-builder Sembcorp Marine (SembMarine) is currently embroiled in a dispute with Marco Polo Marine over a US$214.3 million rig construction contract that Marco Polo wants terminated. In a statement on Monday, Macro Polo reiterated its…

Three Specialists join Wood Group

Dec 01, 2015

Wood Group has appointed three senior engineering specialists who will lead a new team of up to 20 people in the UK to further build Wood Group’s capability in vibration, dynamics and noise. This follows the acquisition of BETA Machinery Analysis…

Opportunities for Shipping from Decarbonisation Through Windpower

Nov 30, 2015

As the interconnector of global trade shipping facilitates every other part of the economy, and decision making around low-carbon pathways in other transport modes and industries will both influence and constrain decarbonisation in shipping…

Extended Warranty from Yanmar for Sailboat Engines

Nov 28, 2015

Yanmar Marine International B.V. has introduced an extended 3 years’ period of YANMAR Limited Warranty for Sailboat Engine Models. This extended warranty of 3 years is offered to owners of specific YANMAR marine engine models which will be used for private and personal pleasure use only…

Fugro's Havila Harmony to join MH370 Search

Nov 28, 2015

Fugro is providing an additional vessel, the Havila Harmony, to join the search for the missing flight MH370 in the southern Indian Ocean. From the 93-metre multi-role vessel, Fugro will deploy the Echo Surveyor VII autonomous underwater vehicle (AUV)…

Joint Effort to Raise reliability, Cut cost in DNV GL JIP

Nov 27, 2015

Lack of properly assessed and defined wear limits for jacking systems can lead to significant downtimes with financial implications for jackup operations. DNV GL, supported by leading global industry players in the jackup industry, has established a joint industry project (JIP)…

Wärtsilä's' Digital Services for Performance Enhancement

Nov 26, 2015

Wärtsilä, a global leader in complete lifecycle solutions for the marine and energy markets, launches a new service portfolio, Wärtsilä Genius services to help Wärtsilä's customers seize the opportunities from digitalisation.The three…

Need to Cut Cost for Barent Sea Development - DNV GL Study

Nov 25, 2015

OG21 today received the DNV GL study of technologies that should be developed for year-round oil and gas production at 74 degrees North in the Norwegian Barents Sea. New licenses are due to be awarded in this area as part of the Norwegian 23rd licensing round…

RasGas to Waive $1bln Penalty on LNG Deal

Nov 24, 2015

Qatar-based natural gas producer RasGas will not penalise Petronet LNG for lower offtake of the fuel, says a report by PTI. Qatar has agreed to waive $1 billion penalty on India for breaking a long-term LNG contract, and has also consented…

New Charges in 2012 Fatal Platform Blast

Nov 23, 2015

Black Elk Energy Offshore Operations LLC, Grand Isle Shipyards Inc., Wood Group PSN Inc., as well as Don Moss, 46, of Groves, Texas, Curtis Dantin, 50, of Cut-Off, La., and Christopher Srubar, 40, of Destrehan, La., have been charged with crimes…

Logistics News

Strong Demand in India Flips Russian Urals to Premium

Strong Demand in India Flips Russian Urals to Premium

Decrepit Port Infrastructure has Vessels Stacked Off Venezuela

Decrepit Port Infrastructure has Vessels Stacked Off Venezuela

Ships Trickle Through Strait of Hormuz

Ships Trickle Through Strait of Hormuz

Houston Ship Channel Trade Tonnage Climbs 16%

Houston Ship Channel Trade Tonnage Climbs 16%

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