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Oslo-listed drilling company Awilco Drilling has signed a Letter of Intent with an unnamed operator for the provision of its WilPhoenix drilling rig.Awilco said Thursday that the contract would be in support of a three well Plug & Abandonment…
Governors 1, a 400-passenger ferry built by Blount Boats delivered in 2019, provides service between Lower Manhattan and Governors Island, a park-like respite .5 nm away from the bustle of New York City.The 132' x 40' Governors 1 has dual 800 hp engines…
Tap Oil on Friday shared an update on the Yothaka East-2 appraisal well drilled in the G1/48 concession Manora Production License, operated by Mubadala Petroleum, in the Northern Gulf of Thailand.Operations on the sidetrack of the Yothaka East…
Venezuelan President Nicolas Maduro on Sunday pledged funds for a state-owned Argentine shipyard to finish building two long- overdue tankers for state oil company Petroleos de Venezuela, which is struggling with a diminished tanker fleet.Maduro…
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, inched lower on Wednesday on weaker demand for panamax vessels.The Baltic index, which reflects rates for capesize, panamax and supramax vessels…
ABS announced on Wednesday it has been awarded more than $2.1 million for two projects focused on strengthening safety culture in the offshore oil and gas industry.The money from the Gulf Research Program (GRP) of the National Academies of Sciences…
The maritime classification society Lloyd's Register Group Limited (LR) has secured a significant contract win with the European electricity transmission system operator TenneT.The five-year contract covers inspection and assurance services…
Polarcus said it has been awarded a seismic acquisition program in Brazil commencing in the third quarter of 2020.According to Polarcus, the 10-month program comprises 4D acquisition in obstructed areas with a multi-azimuth component.
DOF Subsea, an international subsea operating company, has entered into a two-month long contract with an unnamed, international energy client in Africa.The Norway-based provider integrated project managed and engineered subsea solutions to…
Today is the celebration of International Maritime Organization (IMO) World Maritime Day, where the 2019 theme is “Empowering Women in the Maritime Community“.This raises awareness of the importance of gender equality, in line with the United Nations’ Sustainable Development Goals…
U.S. oil and gas producer ConocoPhillips reported a lower-than-expected quarterly adjusted profit on Tuesday and boosted its share buyback program by $10 billion.Investors have made higher returns a key priority, pressing oil and gas drillers…
Kosmos Energy has completed drilling the Oldfield exploration well in the U.S. Gulf of Mexico, and the well failed to find oil.Oldfield was designed to test a sub-salt Miocene prospect located in Mississippi Canyon, targeting approximately 10 mmboe net to Kosmos which owns 40 percent in the block…
VARD has announced a contract to build 2 new-generation luxury expedition cruise vessels for PONANT.The new units, due for delivery both in 2022, will represent an evolution of the “PONANT EXPLORERS” class vessels. They will be operated in the…
SAL Heavy Lift, a global carrier specialized in sea transport of heavy lift and project cargo, said that it has become the first shipping company in the world to introduce hydrogen/methanol emission reduction technology to its fleet.The Harren…
Independent upstream oil and gas company KrisEnergy said first steel has been cut for the minimum facilities wellhead platform (MiniPlatform) for the Apsara oil field in Block A, offshore Cambodia, the nation’s maiden hydrocarbon development.A…
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation said that encouraged by the steady economic growth and foreign trade in between Indonesia, Singapore, Malaysia and Thailand, it continues to enhance its Southeast Asia…
Though bankruptcies among U.S. onshore exploration and production (E&P) companies are on the increase during these days, Rystad Energy doesn’t believe this indicates doom for the shale industry.“In a nutshell, we do not believe the recent bankruptcies…
ECOsubsea, the Norwegian cleantech firm with a unique hull cleaning technology has won contracts to clean in North European ports of Antwerp and Zeebrugge thanks to the technology’s ability to remove all hull fouling from the water.The technologically…
The official grand opening of the Port Canaveral vehicle processing facility was marked with a ribbon-cutting ceremony and the arrival of 730 new vehicles aboard the 653-foot-long vessel Wisteria Ace, the first vehicle carrier to call at the Port’s facility.
