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Energy

BMT Supports Installation of Kriegers Flak Foundations

Image: BMT Group Ltd

 Utilising its meteorological and wave forecasting expertise, BMT has played a pivotal role in supporting Jan De Nul Group with the successful installation of two gravity-based foundations for the Kriegers Flak offshore wind farm, located off the coast of Denmark.   Christopher Derycke at Jan De Nul Group comments: “With any offshore operation,

'Sulphur Cap Chaos in 2020' Warn World’s Shipowners

Photo: International Chamber of Shipping

 The International Chamber of Shipping (ICS) fears ‘chaos and confusion’ unless the UN International Maritime Organization (IMO) urgently resolves some serious issues concerning the successful implementation of the 0.5 percent sulphur in marine fuel cap, which is scheduled to come into effect globally overnight on 1 January 2020.

Russia's First Sea-borne Nuclear Power Plant Arrives in Arctic

Akademik Lomonosov (Photo: Rosatom)

Russia's first-floating nuclear power plant arrived in the Arctic port of Murmansk over the weekend in preparation for its maiden mission, providing electricity to an isolated Russian town across the Bering Strait from Alaska.The state company behind the plant, called the "Akademik Lomonosov", says

Tokyo Gas Takes First LNG Cargo from Cove Point

© Dexter / MarineTraffic.com

Japan received its first shipment of liquefied natural gas (LNG) on Monday from Dominion Energy Inc's newly completed Cove Point export plant, the beginning of a jump in imports from the United States by the world's biggest buyer of the fuel.The docking of the tanker LNG Sakura at Tokyo Gas Co's Negishi

Oil Up as U.S., China hit the Trade War Pause Button

Oil prices rose on Monday as markets reacted to news that China and the United States have put a looming trade war between the world's two biggest economies "on hold". Brent crude futures were at $79.13 per barrel at 0121 GMT, up 62 cents, or 0.8 percent, from their last close. Brent broke through

DeepOcean Wins Equinor Susbsea Deal

Photo: DeepOcean Group Holding BV

 Subsea services provider DeepOcean has been awarded a long-term contract involving subsea life of field services on Equinor-operated fields.   The award covers onshore project management, engineering and offshore operations utilising a variety of vessels within the DeepOcean fleet of high quality vessels.

Awilco Drilling Signs Contract With Shell

Photo: Awilco Drilling

 Aberdeen-based Awilco Drilling said today that it had tied up a contract with Shell UK for the decommissioning of 18 wells.   "Awilco Drilling PLC is pleased to confirm that a contract has been signed with Shell UK Limited for the provision of WilPhoenix for a decommissioning program of 18 firm wells plus options totalling a further 8 wells,

Novatek Plans New Arctic Transport Company

Photo: PAO Novatek

 Russia's gas production and sales company PAO Novatek has created a transportation unit called Maritime Arctic Transport.   "The Board of Directors of PAO Novatek  resolved on creating a transportation subsidiary called Maritime Arctic Transport LLC to manage and optimize transportation costs, build

PAO Sovcomflot: Tanker Market is Challenging

Photo: PAO Sovcomflot

 PAO Sovcomflot (SCF Group) continued to increase the share of its fleet serving long-term energy projects over the first quarter ending 31 March 2018. This helped offset the negative impact of the protracted decline in freight rates that continues within the conventional tanker freight markets.  Nikolay Kolesnikov,

Xodus, Atlantis Resources Mulls Japanese Tidal Opportunities

Photo:  Xodus Group Ltd

Xodus Group has signed a Memorandum of Understanding (MoU) with Atlantis Resources to pursue the development of a tidal energy project in Japan.The ambition for this agreement is to secure funding and establish a commercially viable tidal energy demonstration project of three to eight turbines in the country.

Fjord1's First Battery-powered Ferry Named at Havyard

Photo: Havyard Group

Norwegian shipbuilder Havyard has christened the first battery-powered ferry ordered by transportation company Fjord1. The christening ceremony for MF Husavik was held at the yard in Leirvik in Sogn on May 14. "Havyard has met some very stringent environmental requirements and won a total of 13 contracts

Statoil to Become Equinor, Dropping 'Oil'

Photo: Jan Arne Wold / Woldcam

Shareholders in Norway's largest company, Statoil, will approve on Tuesday the board's proposal to drop "oil" from its name as its seeks to diversify its business and attract young talent concerned about fossil fuels' impact on climate change.From Wednesday, the majority state-owned company will change

Gunvor to Lease Exmar FSRU

Photo: Exmar

 Gunvor will lease the floating storage and regasification unit (FSRU) for ten years from the Belgian gas tanker company Exmar.   "Exmar is pleased to announce that it has executed a fully effective ten year charter with Gunvor for the provision of its FSRU (floating Storage and Regasification Unit) barge and related services in Bangladesh,

Offshore Wind Market in Aberdeen

Photo: UK Chamber of Shipping

 The sight of offshore wind turbines off the coast of Aberdeen symbolises a change in direction for the city, its energy mix and its offshore industry, says a press release by  UK Chamber of Shipping. Looking out to sea from Aberdeen, a gaggle of offshore wind turbines floats among the usual scattering

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