Offshore News

 

IRSHAD Acquires Damen Shoalbuster 2308

Jul 29, 2015

Abu Dhabi Petroleum Ports Operating Company (IRSHAD), a part of the ADNOC Group of Companies, has taken delivery of a Damen Shoalbuster 2308, named Al Marfa 1. During a ceremony at Damen Shipyards Hardinxveld, the Netherlands, the company received the new vessel 3 weeks ahead of schedule…

'Kayaktivists' to Launch Blockade of Shell Icebreaker

Jul 29, 2015

A small group of protesters and activists are gathering at the Cathedral Park boat ramp in Portland, preparing to stay for a 24-hour vigil as they wait for Royal Dutch Shell Oil's icebreaker ship, the MSV Fennica, to depart from Portland for the Arctic…

Offshore Wind Shift to Drive Vessel Services Cooperation

Jul 28, 2015

Evolving procurement processes for U.K. Round 3 offshore wind farms will require a greater number of work streams, personnel with new and differing skills, and the ability to provide a larger suite of services, according to offshore energy support firm Seacat Services…

EIVA to Open Singapore Office

Jul 28, 2015

On August 1, 2015, EIVA will open a Singapore office as a result of increasing activities in the Asia-Pacific region, thereby offering customers and partners a local point of contact. During recent years, EIVA has increased its international activities…

ABB hands over Germany’s DolWin1

Jul 28, 2015

DolWin1 integrates 800 megawatts (MW) of clean energy into the German transmission gridABB, the leading power and automation technology group, has successfully commissioned and handed over the DolWin1 offshore wind grid connection to the Dutch-German transmission system operator TenneT…

Korean Shipyards in Troubled Water

Jul 28, 2015

Struggling with technology and a plunge in oil prices that has discouraged exploration, Korean vessel makers are racking up debt and could show billions of dollars in losses, reports Bloomberg. The Big Three shipbuilders in South Korea…

IMCA Appoints Faure as President

Jul 27, 2015

Bruno Faure, Group Senior Vice President Subsea Projects and Operations at Technip  has taken over the role of President of the International Marine Contractors Association (IMCA), the association representing the interests of more than 1,000 offshore…

Seabed Geosolutions Bags Two Contracts

Jul 27, 2015

Seabed Geosolutions will soon mobilise for the variation order that was signed today by Abu Dhabi National Oil Company (ADNOC) with CGG to conduct a shallow water seabed survey.The survey is over the Ghasha-Butini field, will take around 12 months and has a value of around USD 125 million…

Ships Cross Egypt's New Suez Canal in First Test-run

Jul 25, 2015

The first cargo ships passed through Egypt's New Suez Canal on Saturday in a test-run before it opens next month, state media reported, 11 months after the army began constructing the $8 billion canal alongside the existing 145-year-old Suez Canal…

Iceland Left out of Arctic Fishing Accord

Jul 25, 2015

Iceland was not involved in the creation of the new joint cooperation agreement on fishing in the Arctic Ocean, and insists it should be included.The five nations involved in the agreements since 2008 all have coastal boundaries with the Arctic Ocean…

Halliburton Seen Facing Antitrust Issues on Baker Hughes Deal

Jul 22, 2015

Oilfield services provider Halliburton Co's acquisition of smaller rival Baker Hughes Inc is facing resistance from U.S. regulators who are concerned that the deal could hurt competition, Bloomberg reported. Justice Department lawyers reviewing…

New Standard for Offshore O&G Project by DNV GL Led JIP is Cost Saving

Jul 22, 2015

Variations in owner, operator and regulatory requirements during engineering and construction phases at South Korean shipyards present a huge challenge for operators and drive up costs. DNV GL has kicked off a joint industry project (JIP) with Hyundai Heavy Industries (HHI)…

PetroVietnam ex-chairman held on suspected fraud-police

Jul 21, 2015

Police in Vietnam said on Tuesday they had detained the recently ousted chairman of state oil and gas company PetroVietnam on suspicion of fraud while he was leading the banking unit of conglomerate Ocean Group. The country's economic police…

Taimyr Disapprove Oil Terminal "Tanalau"

Jul 21, 2015

Association of Indigenous Peoples of Taimyr refused to sign the conclusion of the public hearings on the project and everything Payyahskogo Severopayyahskogo fields and the construction of the oil terminal 'Tanalau.''As a result of re…

Brazil Convicts First Engineering Exec in Petrobras Scandal

Jul 20, 2015

Three executives of Brazil's Camargo Correa group were convicted on money laundering, corruption and other charges on Monday, the first construction-industry executives to be sentenced in a giant price fixing and bribery scandal involving state-run oil company Petrobras…

Logistics News

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Ship Design, Maritime Accidents and There’s a Master on the Run

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Maersk: Effective US Tariffs Average Around 21% Currently

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US Grain Shipments Surge 9% in face of Chinese Tariffs

Great Lakes Limestone Trade Up in June

Great Lakes Limestone Trade Up in June

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