Liquefied Natural Gas Limited announced the placement of 40 million fully paid ordinary shares in the capital of LNGL, which has raised A$174 million before costs (Placement). Use of Proceeds The proceeds of the Placement will be…
Schaffner EMC introduces new literature detailing the company’s ECOsin Active harmonic filters with Germanischer Lloyd approval. This proven technology injects corrective current to immediately compensate harmonics, phase-shift and load-imbalance…
Crowley Maritime Corp. acquired Seattle-based Maritime Management Services, Inc. (MMS), a company with more than a decade’s worth of experience in crew management for offshore oil and gas vessels primarily in the U.S. Gulf, Singapore and Gulf of Mexico…
DNV GL has developed a new unmanned floating LNG concept that it says overcomes many of the challenges currently faced by those looking to unlock the potential of remote offshore gas fields. Called Solitude, the concept demonstrates how…
The North Sea oil and gas industry has been urged to buck the trend and prepare for growth in the near future. Attendees at an event organized by subsea intervention and commercial diving specialists K.D. Marine in Aberdeen recently, heard an upswing in oil price was imminent and…
InterMoor Inc. has been selected as one of the top workplaces in the Greater New Orleans area, according to a list compiled by the New Orleans Times-Picayune. The top workplaces are determined on employee feedback. The employee survey is conducted by WorkplaceDynamics…
Norway's Odfjell Drilling has secured a contract with VietGazprom to deploy 2011-built drillship Deepsea Metro I (UDW drillship) to Vietnam. The area of operation is in Blocks 130 and 131 offshore Vietnam. Contract commencement is expected to take place mid 3Q 2015…
In its budget this week, Australia's Federal government announced reforms for foreign-flagged vessels operating in the country's waters.The new measures appear to revert to something similar to the earlier pre-2012 coastal trading system…
The 14,000-long ton capacity drydock Vigilant that will support hundreds of family-wage industrial jobs at Vigor Industrial’s shipyard on Harbor Island is scheduled to arrive in Elliott Bay late Saturday or early Sunday.The 528-foot long drydock…
After 20 years in the oil business, Craig Reed, 62, is thinking about winding down his career just as a second downturn in six years rocks the industry.Reed is part of the baby boomer generation that forms the backbone of the U.S. oil workforce…
China has voiced “serious concern” over US plans for military air and sea patrols in the South China Sea. There has been reports that US official reportedly said that Washington was planning to send ships and aircraft to “assert freedom…
Nippon Yusen Kabushiki Kaisha (NYK Line) has concluded time-charters for two new LNG carriers with Diamond Gas International, a Singapore affiliate of Mitsubishi Corporation. NYK also concluded a contract with MI LNG Company Limited for the construction of the LNG carriers…
Despite industry gloom about the offshore market, orders for production floaters continue to flow. Over the past few weeks a speculatively-ordered FLNG found use off Africa, negotiations began to convert a third LNG carrier to an FLNG, an FSRU…
Macro Sensors have introduced its Offshore LVDT Linear Position Sensors for marine and offshore applications. Because of their high accuracy and long-term reliability when operating in water, Macro Sensors Offshore LVDT Linear Position Sensors…
Universal LNG Holdings has launched West Africa LNG Development, a ground-breaking solution partnership between Universal LNG Holdings and Sembcorp Marine Group Company. With Sembcorp Marine's wholly owned subsidiary Jurong Shipyard participation…
