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Tidewater orders Wärtsilä designed MPSV in Turkey

Tidewater orders Wärtsilä designed MPSV in Turkey

Wärtsilä has won a design contract for a multi-purpose platform supply vessel (MPSV) ordered at Turkey's Tersan Shipyard by Tidewater, Inc.for operation by its Troms Offshore subsidiary. There is an option for...

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BP and CNOOC sign 20-year LNG deal

BP and CNOOC sign 20-year LNG deal

LONDON – BP and the China National Offshore Oil Corp. (CNOOC) have agreed to supply up to 1.5 MM metric tons (1.65 MM tons) of LNG per year over 20 years starting in 2019.  ...

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SA's offshore oil hunt to grow

SA's offshore oil hunt to grow

SOUTH Australia's petroleum exploration potential appears to be hotting up with four large offshore blocks released for competitive bids. Interestingly three of the blocks surround the area where BP is currently conducting seismic exploration for oil and gas in the Great Australian Bight. The head of resou...

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Reach Subsea charters ‘Edda Fonn’

Reach Subsea charters ‘Edda Fonn’

Reach Subsea has today signed a three-year time charter agreement with Østensjø Rederi for the ROV / subsea vessel “Edda Fonn”. ...

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Lundin gets green light for new well in Norwegian North Sea

Lundin gets green light for new well in Norwegian North Sea

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 16/4-8, in the Norwegian part of the North Sea. ...

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DNV GL Launches New Recommended Practice on LNG Bunkering

DNV GL Launches New Recommended Practice on LNG Bunkering

DNV GL is launching a new Recommended Practice (RP) on LNG Bunkering in the Middle East & South Asia. The launch in Doha is in conjunction with Qatar’s announcement that it is going to establish a strategy of supplying LNG as a marine fuel in Qatar and the other countries forming the Gulf Cooperation Council (GCC). “Qatar’s entr...

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Lampung Project FSRU and Tower Yoke Mooring System Installed

Lampung Project FSRU and Tower Yoke Mooring System Installed

Höegh LNG announced that the PGN FSRU Lampung project reached a significant milestone on 17 May when the installation and connection of the FSRU and the Tower Yoke Mooring System were finalized on site, 6 km offshore Lampung, Indonesia. The project will commence commercial operation under a 20 year time charter with PGN by the middle of June 2014....

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Bugbee backs up words with action in $1m stock buy

Bugbee backs up words with action in $1m stock buy

Scorpio president places more of his own money on the line in the belief Scorpio Bulkers shares will rise Scorpio Bulkers president Robert Bugbee turned heads when he bought $1m of his company’s stock at the end of last week and he also may have turned back the clock. ...

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Vessel Operators Honored for Clean Shipping

Vessel Operators Honored for Clean Shipping

Twenty-two shipping lines were honored yesterday, May 14, 2014, by the Port of Long Beach (POLB) for their efforts to improve air quality by slowing down or deploying cleaner vessels – or both – at the Port’s first Environmental Achievement Awards, the port announced. ...

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Intermarine on a Newbuild Shopping Spree

Intermarine on a Newbuild Shopping Spree

As part of its ongoing commitment to providing the highest level of service to its heavy lift and project cargo customers, Intermarine, LLC (Intermarine) is adding 15 new vessels to its fleet. ...

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