News

The latest maritime and offshore news.


Wednesday, April 4, 2012
sbm offshore xikomba fpso
News

Keppel Shipyard to Upgrade Xikomba and Armada Claire FPSOs

Keppel Shipyard Ltd (Keppel Shipyard) has secured Floating Production Storage and Offloading (FPSO) upgrading projects from its long-term partners SBM Offshore

April 4, 2012
Total Views: 480

brent crude oil prices
News

Crude Oil Trades Slightly Lower as Investors Take Profits

LONDON (Dow Jones)–Oil prices traded lower Tuesday as some investors took profits from a 2% surge in prices the previous day and others stayed on the

April 4, 2012
Total Views: 36

Elgin’s Offshore Installation Manager Describes Evacuation, Decision-Making [INTERVIEW]
News

Elgin’s Offshore Installation Manager Describes Evacuation, Decision-Making [INTERVIEW]

Total’s interview with William Andrew Cardno, the Offshore Installation Manager (OIM) of the Elgin Platform.  He describes the evacuation of the

April 4, 2012
Total Views: 185

Tuesday, April 3, 2012
light sweet crude
Incidents

Gulf Production Spills Light Sweet Crude into the Gulf of Mexico

HOUSTON (Dow Jones)–About 630 gallons of oil were discharged Monday from a production facility near Head of Passes in the Gulf of Mexico due the failure

April 3, 2012
Total Views: 41

Bullish on Brent: “Betting on a Further Deterioration of Supplies”
News

Bullish on Brent: “Betting on a Further Deterioration of Supplies”

LONDON -(Dow Jones)- Oil market speculators were bullish on Brent crude prices in the week ended March 27, as fears about supply disruptions increased, though

April 3, 2012
Total Views: 24

seadrill west phoenix CS50 MKII
Engineering News

Seadrill Orders a $650M Arctic-Ready Semisubmersible from Jurong Shipyard

Hamilton, Bermuda – Oil and gas companies have increased their level of activity in harsh environment and arctic areas considerably during the last

April 3, 2012
Total Views: 223

Monday, April 2, 2012
3D Laser By Azule
News

Need to Create an Entire 3-D Rendering of an Engine Room by Noon?

It’ll take about 5 hours,  but it IS possible according to the folks at Harris Pye. Harris Pye reports that it has successfully used a 3D scanner to

April 2, 2012
Total Views: 61

FSRU Hoegh lng
Engineering News

Wartsila Hamworthy wins third FSRU Regasification Contract with Hoegh LNG

Hamworthy Oil & Gas Systems has secured a contract to supply its innovative LNG regasification technology for the third Hoegh LNG Floating Storage and

April 2, 2012
Total Views: 373

torm
Finance

TORM’s Capital Injection Talks Collapse, Restructuring Imminent [REPORT]

STOCKHOLM (Dow Jones)–Negotiations on a capital injection to save troubled Danish tanker and bulk vessel operator Torm A/S (TORM.KO) have collapsed,

April 2, 2012
Total Views: 21

Sapinhoá petrobras
News

Mitsubishi and Partners Sign 20 Year FPSO Charter Offshore Brazil

TOKYO (Dow Jones)–Mitsubishi Corp. (8058.TO) said Monday that it and two other companies have signed contracts to charter and operate a floating

April 2, 2012
Total Views: 55

jackup super 116 LeTourneau
Engineering News

Keppel AmFELS Wins $205 Million Order for New LeTourneau Super 116 Jackup Rig

Keppel AmFELS, a Brownsville, Texas-based subsidiary of Keppel Offshore & Marine Ltd, has won a contract from Mexico’s Perforadora Central SA de CV

April 2, 2012
Total Views: 146

india petronet lng
News

India Seeks to Widen Imports of Qatar LNG, Crude Oil, and LPG

NEW DELHI (Dow Jones)–India will look to increase imports of crude oil, liquefied natural gas and liquefied petroleum gas from Qatar in the coming years,

April 2, 2012
Total Views: 37

Sunday, April 1, 2012
Putin Promises “Favorable” Tax Conditions For Barents Sea Field Development
News

Putin Promises “Favorable” Tax Conditions For Barents Sea Field Development

MOSCOW -(Dow Jones)- Russian Prime Minister Vladimir Putin has reassured the chief executives of France’s Total SA (TOT) and Norway’s Statoil

April 1, 2012
Total Views: 72

wild well control
News

Total Contracts Wild Well Control to Conduct “Top Kill” at Elgin

ABERDEEN, Scotland (Dow Jones)–Total SA‘s (TOT) efforts to stem a natural gas leak on a North Sea platform gathered pace Sunday after an onboard

April 1, 2012
Total Views: 177

Saturday, March 31, 2012
tangguh foja lng carrier
News

54 Cargos of Indonesian LNG Destined for the Spot Market

JAKARTA (Dow Jones)–Indonesia aims to sell 54 cargoes of liquefied natural gas in the spot market in May, a senior official at upstream regulator BPMigas

March 31, 2012
Total Views: 64

Friday, March 30, 2012
kpi bridge oil composite
News

Bunker Prices Show Decline, Let’s Hope the Trend Continues [REPORT]

23 March -29 March 2012 We had a very strange and difficult week in the oil markets this week, but ship owners and charterers will be glad to see

March 30, 2012
Total Views: 44

signet weatherly robert allan
News

Signal Maritime Receives Newest RAmparts 3200 Offshore Tug

Signet Weatherly is the latest RAmparts 3200 Class ASD from the design board of Robert Allan Ltd. Recently delivered to her proud owner, Signet Maritime

March 30, 2012
Total Views: 67

Mad Carbon Fiber Skills, Azzam Conducts Emergency Hull Repair in the Deep Southern Ocean [VIDEO]
Multimedia

Mad Carbon Fiber Skills, Azzam Conducts Emergency Hull Repair in the Deep Southern Ocean [VIDEO]

via VolvoOceanRace.com Skipper Ian Walker supervised an incredible five-hour job that saw 30 bolts screwed through the hull of Abu Dhabi’s boat Azzam

March 30, 2012
Total Views: 153

Shell Ocana
News

Forties Crude Cargos Dropped Due to North Sea Field Shutdown

LONDON (Dow Jones)–Two more cargoes of North Sea Forties crude have been dropped from the April loading program and one delayed by several days as Total

March 30, 2012
Total Views: 43

vale sa
News

VLOCs to Enter Chinese Ports? VALE’s CFO Expresses Confidence

Vale expects that their massive ore carriers, the Valemax VLOCs, will soon get permission to enter Chinese ports to offload their cargos. It should happen

March 30, 2012
Total Views: 26