Wärtsilä to supply DEH system for African offshore oilfield

Wärtsilä is the market leader in topside direct electrical heating systems, being involved in 85 per cent of all contracted systems to date. This latest valuable order for Wärtsilä DEH technology provides further evidence of the benefits of the proven technology for West African installations. On...

May 23rd, 2013 | Energy, Oil Industry | Read More

Gibdock sets seismic trend

Gibdock has completed a refit of the seismic vessel WG Cook for WesternGeco, reflecting the yard’s growing ability to attract return customers in the specialised offshore vessel market. WG Cook is one of six 12-streamer 3D seismic ships delivered to the owner in 2010. The 19-day project was completed...

May 20th, 2013 | Energy, News, Oil Industry, Ship Conversions, Shipbuilding and Shipyards, Shiprepair | Read More

Well test finds record oil column at Johan Sverdrup

Well test finds record oil column at Johan Sverdrup Ross Davidson, 15th May 2013 The latest drilling tests at a giant North Sea discovery has hit a record oil column. Johan Sverdrup has been estimated to hold between 1.7billion and 3.3billion barrels of oil, but there had been uncertainty over the reservoir...

May 19th, 2013 | Energy, Oil Industry, Oil Platforms and Rigs, Story of the Month | Read More

Smit Lamnalco welcomes new vessels in Gabon

Welcoming ceremony SL Gabon SL Libreville (c) Smit Lamnalco A welcoming ceremony was held for two newbuild vessels SL Gabon and SL Libreville at Port‐Gentil, Gabon on 17 April. Among those attending the ceremony were the Minister Delegate of Transport Mr Emmanuel Jean Didier Biye, the Governor of the...

April 23rd, 2013 | Energy, Oil Industry, Trade and Commerce, Underwater Shipping | Read More

Lukoil VP “Wouldn’t Give A Kopek” To Invest In High-Risk Arctic Offshore Drilling

Lukoil VP “Wouldn’t Give A Kopek” To Invest In High-Risk Arctic Offshore Drilling, By Kiley Kroh A top exec at Russia’s second largest oil company — and the largest non-governmental driller — has no interest in taking a gamble on high-risk Arctic Ocean drilling. In an interview with the Financial...

April 12th, 2013 | Oil Industry | Read More

South African offshore survey for FUGRO

Cape Town, 11 April 2013 – Anadarko South Africa (Pty) Ltd (Anadarko), in partnership with PetroSA, is operating the first exploration period over frontier block 5/6 and block 7 of the Orange Basin, southwest of Cape Town, South Africa. Fugro was contracted by Anadarko to conduct a survey within...

April 11th, 2013 | Energy, Oceanology, Oil Industry | Read More

DYNAMIC Oil Trading appoints three new bunker traders

Lars Moller Major expansion of worldwide fuel trading team Singapore, 8th April 2013* – Dynamic Oil Trading, a global trading company for marine fuels and lubricants, today announced the appointment of three new bunker traders to its worldwide trading team. Alan Tan joins as Team Leader, Worldwide...

April 9th, 2013 | Bunkering, Energy, HR, Oil Industry | Read More

Wärtsilä to design and power four new offshore support vessels for Malaysian owner

Wärtsilä, the marine industry’s leading solutions and services provider, has been awarded a major contract to design a series of four multi-purpose platform support vessels (MPSVs) for Armada Offshore MPSV Limited, a wholly-owned subsidiary of Bumi Armada Berhad, a Malaysian-based international...

April 8th, 2013 | Marine Equipment Products and Services, News, Oil Industry, Shipbuilding and Shipyards, Technical | Read More

Wilhelmsen grows safety services in Australia

(l-r) Bijoy Babu Ships Agency Operator, Geoff Brown General Manager Northern Territory & S Australia, Kaarlo Perala Ships Agency Operator, Abdur Razzaque Liferaft Specialist, Wesley De Kruijf Ships Agency Operator. Wilhelmsen Ships Service (WSS) has expanded and upgraded its premises and service...

April 2nd, 2013 | Logistics, Marine Equipment Products and Services, Oil Industry, Ship Agencies | Read More

BOURBON chooses PC Maritime ECDIS

The MPSV Bourbon Evolution 802 PC Maritime’s Navmaster ECDIS has been ordered for BOURBON’s latest generation IMR (Inspection, Maintenance & Repair) vessels being built in Zheijiang shipyard, China. Four dual Navmaster ECDIS have been supplied, with a further five Bourbon Evolution 800 to be...

April 2nd, 2013 | Marine Equipment Products and Services, News, Oil Industry, Shipbuilding and Shipyards | Read More

Massive illegal outflows of oil are hitting Nigeria as abject poverty wracks the masses – how far can shipping and oil companies address the crisis through corporate social responsibility, asks London meeting of Afrimari network

Captain Eddie Agbakoba, Joseph Croft and Jonathan Bearman Massive illegal outflows of oil are hitting Nigeria as abject poverty wracks the masses – how far can shipping and oil companies address the crisis through corporate social responsibility, asks London meeting of Afrimari network, By James...

March 27th, 2013 | Associations, Bribery and Corruption, Climate, Conferences, Seminars, Forums, Corporate Social Responsibility, Defense, Energy, Environment, Finance, Health and Safety, IMO, Inland Waterways, Jobs, Military, Oil Industry, Oil Platforms and Rigs, Oil Spill, Piracy and Terrorism, Politics and Government, Pollution, Ports & Terminals, Safety and Security, Sanctions, Trade and Commerce, UN | Read More

Mitsui & Co., Ltd., Mitsui O.S.K. Lines, Ltd. and Marubeni Corporation to Participate in Ultra-Deepwater FPSO Chartering Project for Iracema Norte Area of Brazilian Offshore Pre-Salt Oil Field

MODEC, Inc. (“MODEC,” head office: Chuo-ku, Tokyo; president: Toshiro Miyazaki), Mitsui & Co., Ltd. (“Mitsui,” head office: Chiyoda-ku, Tokyo; president: Masami Iijima), Mitsui O.S.K. Lines, Ltd. (“MOL,” head office: Minato-ku, Tokyo; president: Koichi Muto) and Marubeni Corporation...

March 22nd, 2013 | Energy, Fixtures, Oceanology, Oil Industry, Oil Platforms and Rigs | Read More

Oslo Børs’ oil service index becomes tradable

18/03/2013 - Oslo Børs is one of the world’s largest stock exchanges for the oil service sector and in 2010 the exchange launched the first European oil service index, OBOSX. On 18 March Oslo Børs introduces the opportunity to trade futures on the oil services index for investors seeking a broad...

March 18th, 2013 | Energy, News, Oil Industry, Stock Markets, Trade and Commerce | Read More

Dynamic Oil Trading appoints risk management specialist

Lars Moller Belle Shafer joins growing Singapore team Singapore, 15th March2013 – Dynamic Oil Trading, a global trading company for marine fuels and lubricants, today announced the appointment of Belle Shafer as a Bunker Trader specialising in risk management services and the Korean market. Her...

March 15th, 2013 | Bunkering, Energy, HR, News, Oil Industry | Read More

DNV:Pipeline Update – new edition is out

In 2012 DNV started publishing a new free magazine:PIPELINE UPDATE. Today we have the second issue coming out, which again addresses various interesting. Examples of these topics can be found below : Addressing pipeline operations on moveable seabed SliPIPE – New pipeline expansion concept Verification...

March 13th, 2013 | Classification Societies, Oil Industry | Read More

ABB wins $26 million marine repeat order to power deep sea exploration vessels

The Ramford Titan full view Efficient propulsion and electrical systems for ships that locate hydrocarbon deposits beneath the sea floor Zurich, Switzerland, March 13 – ABB, the leading power and automation technology group, recently won a $26 million order to supply electrical power and propulsion...

March 13th, 2013 | Energy, Marine Equipment Products and Services, Oceanology, Oil Industry, Shipbuilding and Shipyards | Read More

Industry view: Andrew Hoggarth* on The Evolution of Offshore Survey Technology for Pipeline Inspections

Andrew Hoggarth Pipeline inspection surveys have been traditionally performed by Remotely Operated Vehicles (ROVs). ROVs are no longer the only vehicles being utilized for surveying pipelines. As technology has evolved Autonomous Underwater Vehicles (AUVs), Remotely Operated Towed Vehicles (ROTVs) and...

March 8th, 2013 | Energy, Oceanology, Oil Industry | Read More

IBIA’s nineteenth annual dinner

Over 1,000 members and guests of the International Bunker Industry Association (IBIA) attended IBIA’s19th annual dinner last Monday at the Grosvenor House Hotel in London’s Park Lane. Two drinks receptions, before and after, where the impetus for intense networking – that much needed business...

February 24th, 2013 | Associations, Bunkering, Charity, Events, Logistics, Marine Equipment Products and Services, Oil Industry, Pollution, WISTA - Women in Shipping | Read More

BIBBY Ship Management wins BP North Sea vessel management contract

BP North Sea vessels Bibby Ship Management has won a prestigious contract with BP Exploration Operating Company to fully manage four Regional Support Vessels (RSV) and an additional two new-build Platform Supply Vessels (PSV) for operation in the North Sea. The award of the contract marks a key milestone...

February 6th, 2013 | Energy, News, Oil Industry, Oil Platforms and Rigs | Read More

Confidence for oil and gas sector growth masks rising concerns over global talent cliff

Seismic Shifts New research reveals the industry’s outlook for 2013The global oil and gas industry remains confident for significant growth in 2013, despite concerns over a mounting shortage of skilled professionals and wider economic uncertainty, according to research findings released today by GL...

January 21st, 2013 | Energy, News, Oil Industry, Reports | Read More

Wärtsilä wins ship design contract for new Subsea 7 diving support vessel

The Subsea 7 Wärtsilä, the marine industry’s leading solutions and services provider, has signed a contract for the design of a new diving support vessel (DSV) to be built for Subsea 7, the seabed-to-surface engineering, construction, and services contractor to the offshore energy industry. The...

December 20th, 2012 | Energy, Marine Equipment Products and Services, News, Oil Industry, Oil Platforms and Rigs, Shipbuilding and Shipyards | Read More

Dynamic Oil heralds succesful start to new trading operations

Strong liquidity and capital provide foundation for strong start and quick growth Singapore, 17 December 2012 – Dynamic Oil Trading, the newly launched global trading company for marine fuels and lubricants, today announced an successful start to trading, since it commenced operations in October...

December 17th, 2012 | Energy, Oil Industry, Trade and Commerce | Read More

A seasonal tradition continues at AtoBviaC

As far as seasonal customs go in the shipping industry, the advent of the New Year’s Wordscale tanker flat rates, currently arriving on desks worldwide, has proven to be one of the most reliable. And again, this reliability extends to the choice of AtoBviaC as Worldscale’s partner in calculating...

December 17th, 2012 | Fixtures, Oil Industry, Trade and Commerce | Read More

Africa bids to realise its massively underplayed maritime potential: London meeting of Afrimari network is updated on major projects -

Uchenna Izundu, Steve Cameron and Marne Beukes on question time Africa bids to realise its massively underplayed maritime potential: London meeting of Afrimari network is updated on major projects, By James Brewer Africa has 3% to 4% of global container traffic, but 15% of the world’s population. So...

December 12th, 2012 | Conferences, Seminars, Forums, Energy, Oil Industry, Oil Platforms and Rigs, Politics and Government, Safety and Security, Story of the Week | Read More

Caution, caution, caution in all fronts – particularly for Greek shipping et al…

John Faraclas’ live interview to Panos Thomakos at SBC TV last Friday the 7th of December 2012 tackled the following issues: 1. The continuation of the downward markets – wet and dry, and the continuous stagnation of China for a 7th Quarter still affecting the chartering, and sales and purchase...

December 10th, 2012 | Breaking News, Markets, Oil Industry, Politics and Government, Ports & Terminals | Read More