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Offshore
Vietnam, China in South China Sea Standoff
Vietnamese and Chinese ships have been embroiled in a weeks-long standoff near an offshore oil block in disputed waters of the South China Sea, which fall within Vietnam's exclusive economic zone, two Washington-based think-tanks said on Wednesday.China's U-shaped "nine-dash line" marks a vast expanse of the South China Sea that it claims,
IEA: U.S., China to the LNG Lead by 2024
The United States and China will become the world's biggest liquefied natural gas (LNG) exporters and importers, respectively, in five years, according to projections by the International Energy Agency (IEA).U.S. LNG exports are expected to rocket to over 100 billion cubic meters (bcm) in 2024,
Ten Turkish Sailors Seized by Pirates off Nigeria
Ten Turkish sailors were taken hostage by armed pirates who attacked a Turkish-flagged cargo ship off the coast of Nigeria, the vessel's owner said on Tuesday, adding that another eight sailors were left safely aboard.Turkey's foreign ministry said the sailors were seized on Saturday evening.
Keppel Wins Yinson FPSO Modification Work
Singapore-based Keppel Offshore & Marine (Keppel O&M) has through its wholly-owned subsidiary Keppel Shipyard, secured a contract from repeat customer Yinson for the modification of a floating production, storage and offloading vessel (FPSO).The contract is between Keppel Shipyard and Yinson Nepeta Production Ltd,
Bourbon Aims to Step Up Crew Boat Comfort
Offshore personnel transport provider Bourbon Mobility said it is proposing services inspired by the aviation industry for its customers.The company has called on the expertise of the PEUGEOT Design Lab for the design of new cabins developed in a range of three comfort levels: Business Class, Premium and Eco.
German North Sea Wind Power Output Up
The North Sea "wind harvest" of the first half of 2019 exceeds the first half of 2018 by 16 percent.TenneT Holding said in a press release that in the first half of 2019, the wind energy transmitted from the North Sea to land by the transmission grid operator TenneT rose to 9.51 terawatt hours (TWh).
Paolo Thaon di Revel Launched
Italy launched 'Paolo Thaon di Revel', the first unit in a new class of multipurpose offshore patrol ships (abbreviated to PPA in Italian).The launching ceremony of the PPA took place yesterday (July 15) at Fincantieri’s shipyard in Muggiano (La Spezia), in the presence of the Italian Minister of Defence Elisabetta Trenta.
US Gulf Production Restarting After Barry
U.S. oil companies on Monday began restoring some of the more than nearly 74% production shut at U.S. Gulf of Mexico platforms ahead of Hurricane Barry, the U.S. offshore drilling regulator said.There was 1.3 million barrels per day (bpd) of oil production off line in the U.S.-regulated areas of the Gulf of Mexico on Monday,
OP/ED: Stronger Together
In 1941, geologist Orval Lester Brace stated “it may be tentatively assumed that the Gulf of Mexico is a potential source of salt-dome oil. Whether or not it will be economically feasible to explore these waters for the domes that must exist is a question for the future to answer.” The future hypothesized by Mr.
U.S. Oil Makes it to Ukraine, a blow to Moscow
U.S. crude exports are gaining traction in Europe as even Ukraine turns into a significant consumer of American barrels at the expense of Russian supplies amid heightened U.S. political pressure on Moscow and problems over contaminated Russian oil.Ukraine this month received its first ever barrels from the United States,
Tropical Storm Barry Forms in Gulf of Mexico
Tropical Storm Barry formed on Thursday with heavy rains expected across the north-central U.S. Gulf Coast, the National Hurricane Center said.Barry, the second named storm of the 2019 Atlantic hurricane season, was located about 95 miles (150 kilometers) south-southeast of the mouth of the Mississippi River at about 11 a.
National Hurricane Center Miami Issues Hurricane Watch
A Storm Surge Watch is in effect for: Mouth of the Pearl River to Intracoastal City. A Hurricane Watch is in effect for: Mouth of the Mississippi River to Cameron. A Tropical Storm Watch is in effect for: Mouth of the Mississippi River northward to the Mouth of the Pearl River.A Storm Surge Watch means
Wrist Ship Supply Acquires Van Hulle
Danish ship supplier Wrist Ship Supply acquires Belgian competitor Van Hulle in order to strengthen its position in Belgium and the Netherlands.According to a press release from the supplier of provision and stores to ships and offshore installations, while Van Hulle will continue operating as a stand-alone business unit,
Maersk Firm to Buy Wind Turbine Supplier
A.P. Moller Holding, which controls Danish shipping giant A.P. Moller-Maersk will acquire Danish wind turbine supplier KK Group, it said on Wednesday, in a first step into the renewable energy industry.The acquisition marks a new direction for the family-owned company, which has built its business on the shipping and oil industry.