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US Oil Export Boom Sparks Battle to Build Texas Ports

Jan 10, 2019

Booming U.S. oil exports have set off a scramble to build Gulf Coast ports to handle more than 3 million barrels per day in new supplies expected over the next five years.Of seven proposed oil-export projects, nowhere is the opportunity greater or the competition more fierce than in Corpus Christi, Texas, where three firms are vying to open the state's first deepwater port.Commodities trader Trafigura…

Dredging International Contract Goes to Sif

Dec 13, 2018

Netherlands-based Sif Holding N.V. announced that Dredging International has awarded to Sif the production of 58 monopiles and the primary steel of the transition pieces for SeaMade offshore wind farm.The manufactures steel foundations to the…

Herman Sr. BV Places Order for Damen Shoalbuster

Oct 30, 2018

A contract has been signed between Damen Shipyards Hardinxveld and Herman Sr. BV for the building and delivery of a Shoalbuster 2308 S, to be named Teddy. The new vessel will join the five other Damen Shoalbusters currently operated by the company and…

Van Oord Bags Husky Energy's West White Rose Project

Oct 19, 2018

Dutch offshore and dredging services specialist Van Oord has been awarded the contract to carry out offshore installation works for the West White Rose Project of the east coast of Newfoundland, Canada.The project will give Canadian oil company…

Current News

Oman’s Block 50 Offshore Drilling Ops Face Further Delays

Oman’s Block 50 Offshore Drilling Ops Face Further Delays

Aramco Picks McDermott for Energy Projects in Saudi Arabia

Aramco Picks McDermott for Energy Projects in Saudi Arabia

Velesto’s Jack-Up Rig Up for Gulf of Thailand Drilling Campaign

Velesto’s Jack-Up Rig Up for Gulf of Thailand Drilling Campaign

Kuwait Sees 70% Oil Output Recovery within Two Months of Hormuz Reopening

Kuwait Sees 70% Oil Output Recovery within Two Months of Hormuz Reopening

Capricorn Energy Grants Third Extension for Potential Takeover Offer

Capricorn Energy Grants Third Extension for Potential Takeover Offer

Ichthys LNG Strike Causes Delay to Taiwan-Bound Cargo

Ichthys LNG Strike Causes Delay to Taiwan-Bound Cargo

Indonesia Targets Higher Oil and Gas Output in 2027

Indonesia Targets Higher Oil and Gas Output in 2027

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Oil prices remain unchanged despite uncertainty surrounding US-Iran peace agreement
NHK reports that Japan plans to upgrade its nuclear power plants to increase the supply of electricity.
Demand offsets macro-headwinds to drive copper prices higher at the end of this week
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