Latest News
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...
Read more... 25/06/2014Reach 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”. ...
Read more... 25/06/2014Lundin 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. ...
Read more... 26/05/2014DNV 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...
Read more... 26/05/2014Lampung 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....
Read more... 26/05/2014Bugbee 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. ...
Read more... 16/05/2014Vessel 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. ...
Read more... 16/05/2014Intermarine 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. ...
Read more... 16/05/2014Munson Delivers Fireboat to Vancouver

Munson Boats announced its latest delivery of a 46’ Type IV Fire Emergency Response Vessel for the City of Vancouver Fire Department. Fully designed and built by Munson Boats in Burlington, Wash. the new vessel will operate in the lower Columbia River and can respond to incidents from Astoria, Ore. to Lewiston, Idaho. Twin Scania DI13-77M dies...
Read more... 16/05/2014Consider the risk of offshore drilling

Before South Carolina invites the oil and gas industry to plant drilling rigs off its shoreline, state leaders need to consider the possible consequences along with the claimed benefits. South Carolina has a tradi...
Read more... 04/05/2014