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Oil & Gas Vessels News - page 34

 

SBM Offshore: $45 Mln in Extra Impairments in Q3

Nov 15, 2018

SBM Offshore, the Netherlands-based maker of floating oil and gas production facilities, on Thursday said it expected $45 million in impairments in Brazil and the United States.In Brazil, SBM Offshore has decided to temporarily close the Brasa…

Petrobras Starts Production at P-75 Platform

Nov 12, 2018

The P-75 floating production, storage, and offloading unit (FPSO) has begun producing oil and natural gas in the Búzios 2 area of the pre-salt Santos Basin, Brazil's state-run Petroleo Brasileiro SA (Petrobras) said.With a daily capacity to process up to 150…

HH Ferries Launches Battery-powered Passenger Vessels

Nov 09, 2018

Swedish HH Ferries Group has inaugurated the two ferries Aurora and Tycho Brahe as the world’s largest battery-powered passenger ferries on the route between Helsingborg, Sweden and Helsingör, Denmark.A press release from the owner of the ferry…

Second Turkish Drill Ship Will Operate in Black Sea

Nov 09, 2018

Turkey has completed the purchase of its second drilling ship, which will operate in the Black Sea at the north of the country, Energy Minister Fatih Donmez said on Friday.Turkey is almost completely reliant on imports to meet its energy needs…

Higher US Export, Lower Fleet Growth Aid LPG Exports

Nov 08, 2018

The Middle East is the most active export market of LPG exports on very large gas carriers(VLGC), said Norway-based LPG shipping firm Avance Gas.Oslo-listed Avance Gas said in a statement that traditionally Saudi Arabia was the largest exporter…

Fred. Olsen Energy Proposes to Issue New Equity in Restructuring

Nov 06, 2018

Norwegian drillship and rig operator Fred. Olsen Energy, proposes to sell one of its drilling units and to issue $130-140 million in new equity to pay off debt, as part of a refinancing plan published on Tuesday.The proposal includes issuing about $90 million in new loan capital…

Uptime International Bags Contracts for Gangway Supply

Nov 05, 2018

Norway’s Uptime International has entered into two new contracts with compatriot vessel provider Island Offshore.'Island Clipper has secured a three-year agreement with Equinor as combined PSV and walk to work vessel. The vessel will be equipped with battery package…

GC Rieber Bags 4-month Charter for Polar Queen

Nov 05, 2018

Norwegian shipping company GC Rieber Shipping has entered into a time charter agreement with a European offshore client for the CSV  Polar Queen for a fixed period of four months with options to extend by up to one month.A press note from the…

FSU Delivered to Bahrain LNG

Nov 05, 2018

Teekay LNG’s first floating storage unit (FSU) has been delivered to charterer Bahrain LNG.The vessel Bahrain Spirit was delivered from the shipyard in South Korea at the end of August, before going on hire on September 19, 2018.The FSU will…

First Delivery by Titan LNG in German Port of Mukran

Nov 04, 2018

Titan LNG, the leading LNG supplier to marine and industrial users in North West Europe, has successfully completed the first-ever LNG bunker delivery at Mukran Port on the island of Rügen in the Baltic Sea.Truck deliveries enable delivery of LNG anywhere…

Babcock Delivers World's Largest LNG Bunker Supply Vessel

Nov 01, 2018

Babcock International is celebrating the completion of its ‘first of its kind’ and the world’s largest liquefied natural gas (LNG) bunker supply vessel, M.V. Kairos, as it is delivered to Babcock Schulte Energy (BSE).BSE is a 50:50 joint venture…

Sovcomflot's Lomonosov Prospect Transists Northern Sea Route on LNG

Oct 31, 2018

PAO Sovcomflot (SCF Group)'s large-capacity  LNG-fueled Aframax tanker Lomonosov Prospect has successfully completed its first commercial voyage along the Northern Sea Route (NSR) to deliver a cargo of petroleum products from the Republic of Korea to Northern Europe…

Ghana FSU/FSRU Finally Under Construction

Oct 31, 2018

Ghana's liquefied natural gas (LNG) import project is finally under construction, years after its original inception, with two vessels contracted to store and regasify the fuel by the second quarter of 2020, a project partner said on Wednesday…

Petrobras Stops Chevron Plan to Drill Offshore Brazil

Oct 31, 2018

A decision by Petrobras not to invest in drilling new wells has derailed Chevron Corp's plan to resume exploration in a Brazilian offshore field, people familiar with the matter said.Chevron, which operates the field with a 52 percent stake…

Skangas Inks LNG Bunker Deal with Gothia Tanker Alliance

Oct 31, 2018

Skangas entered into an agreement with parts of the Gothia Tanker Alliance to supply liquefied natural gas (LNG) as fuel.The new agreement comprises current as well as new vessels with LNG propulsion soon to come, said a press release from the…

Current News

Floating Wind and the Taming of Subsea Spaghetti

Floating Wind and the Taming of Subsea Spaghetti

Impending Shortage of Jackups within Ageing Asia Pacific Fleet

Impending Shortage of Jackups within Ageing Asia Pacific Fleet

Equinor Tries Again for a Japan Offshore Wind Lease

Equinor Tries Again for a Japan Offshore Wind Lease

Yinson Production Concludes Minority Stake Sale in FPSO Anna Nery

Yinson Production Concludes Minority Stake Sale in FPSO Anna Nery

Sunda Energy Pushes Back Chuditch-2 Appraisal Well Drilling Date

Sunda Energy Pushes Back Chuditch-2 Appraisal Well Drilling Date

CNOOC Starts Production at Another Oil Field in South China Sea

CNOOC Starts Production at Another Oil Field in South China Sea

ABS Takes Charge of Digital Twin Project for Petrobras’ FPSOs

ABS Takes Charge of Digital Twin Project for Petrobras’ FPSOs

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