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LR to Class India’s First FSRU

May 01, 2018

Lloyd’s Register (LR) said it signed a contract to class the first ever floating storage regasification unit (FSRU) to be ordered for Indian waters.Due for delivery in December 2019, the new 180,000m³ FSRU will be built to LR’s Rules for the…

LNG Carrier Seri Camar Delivered to MISC

May 01, 2018

Malaysian shipping firm MISC Group has taken delivery of Seri Cemara, the final vessel in a series of five MOSS-Type liquefied natural gas (LNG) carriers built for long-term charter to Petronas.The 150,200 CBM LNG carrier has been built for…

First Johan Sverdrup Topside Installed

Apr 26, 2018

With the last module of the Johan Sverdrup riser platform lifted into place, the first of four topsides of the next North Sea giant has been installed.“It’s a special feeling to see the first Johan Sverdrup platform in place, even a few days…

Sembcorp Marine Outlook Subdued on Q1 Profit Slump

Apr 25, 2018

Singaporean rig builder Sembcorp Marine Ltd said on Wednesday first-quarter profit fell 86 percent, and signaled a subdued outlook for orders and business volumes.Sembcorp Marine said profit came in at S$5.3 million ($4 million) for the three-month period ended March…

Current News

Wison Starts Topsides Fabrication for Türkiye’s Sakarya Deepwater FPU

Wison Starts Topsides Fabrication for Türkiye’s Sakarya Deepwater FPU

Oil Prices Ease as US Holds Off Renewed Strikes Against Iran

Oil Prices Ease as US Holds Off Renewed Strikes Against Iran

Velesto Secures Malaysia Drilling Deal with Hibiscus

Velesto Secures Malaysia Drilling Deal with Hibiscus

Yinson Production, PTSC Raise Over $130M for Vietnam’s Block B FSO

Yinson Production, PTSC Raise Over $130M for Vietnam’s Block B FSO

Oil Climbs Above $110 After Gulf Drone Attacks Raise Supply Fears

Oil Climbs Above $110 After Gulf Drone Attacks Raise Supply Fears

Global Businesses Face Mounting $25 Billion Fallout From Iran War

Global Businesses Face Mounting $25 Billion Fallout From Iran War

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

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The Canadian inflation rate has accelerated to 2.8% due to the Iran war and higher gasoline prices
Nigerian officials claim that joint US strikes have killed 175 Islamic State militants and senior leaders
Chairman of Bharat Petroleum India says that Bharat Petroleum reviews oil imports every day and buys more on the spot amid Iran War.
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