Archive for the ‘Oil Platforms and Rigs’ Category

Liberia strikes blow for global shipping with challenge to Brazilian court ruling

Liberia strikes blow for global shipping with challenge to Brazilian court ruling
Scott Bergeron The Liberian Registry, in co-operation with the International Chamber of Shipping (ICS), has succeeded in helping the holder of a Liberian mortgage to overturn a decision of the Brazilian courts which, if left uncontested, could have had serious adverse legal and economic consequences...
November 20th, 2017 | Associations, Banking, Energy, Flags, International Chamber of Shipping, Legal, Markets, Oil Industry, Oil Platforms and Rigs, Shipfinance | Read More

BP’s Glen Lyon FPSO classed by DNV GL

BP’s Glen Lyon FPSO classed by DNV GL
BP Glen Lyon – picture credits BP DNV GL has awarded class to BP’s Glen Lyon Floating Production Storage and Offloading (FPSO) vessel located west of Shetland. DNV GL’s Maritime and Oil & Gas business areas have been working closely together, to provide BP with a broad range of technical...
September 8th, 2017 | Classification Societies, News, Oil Industry, Oil Platforms and Rigs | Read More

The Board of Oslo Børs approves Borr Drilling for listing

The Board of Oslo Børs approves Borr Drilling for listing
28/08/2017 – At its meeting on 28 August 2017, the Board of Directors of Oslo Børs resolved to admit the shares in Borr Drilling Ltd. to listing on Oslo Børs. The Board resolved to grant an exemption from the listing requirements regarding three years’ history and activity, cf. the Listing...
August 28th, 2017 | Gas, Oil Industry, Oil Platforms and Rigs, Stock Markets | Read More

Prelude officially enters into Lloyd’s Register class

Prelude officially enters into Lloyd’s Register class
Prelude being towed to Australia 23 August 2017 – Shell’s floating liquefied natural gas (FLNG) facility Prelude has officially entered into Lloyd’s Register (LR) class. At 488 metres long, 74 metres wide and displacing about 600,000 tonnes of water, Prelude is the largest floating offshore...
August 23rd, 2017 | Gas, News, Oil Platforms and Rigs, Shiprepair, Technical, Technology | Read More

DNV GL carries out its first offshore drone survey

DNV GL carries out its first offshore drone survey
DNV GL has carried out its first offshore drone survey on board the tender support vessel Safe Scandinavia. (Credit: DNV GL) Hamburg, 3 August 2017: DNV GL surveyors have carried out the classification society’s first offshore drone survey on the semisubmersible vessel Safe Scandinavia in the North...
August 3rd, 2017 | Classification Societies, Film Industry, News, Oil Industry, Oil Platforms and Rigs, Reports, Technical, Technology | Read More

Crowley supports Stampede Platform tow-out and installation in the U.S. Gulf

Crowley supports Stampede Platform tow-out and installation in the U.S. Gulf
Hess’ Stampede tension-leg platform (TLP) under tow (CORPUS CHRISTI, Texas; Aug. 2, 2017) – Crowley Maritime Corp.’s ocean class tugboats and 455-series high-deck strength barges recently played an integral role in the safe, successful tow-out and installation of Hess’ Stampede tension-leg...
August 2nd, 2017 | Associations, Oil Industry, Oil Platforms and Rigs, Salvage, Towage, Wreck Removals | Read More

The Capers save the day – yet again…

The Capers save the day – yet again…
John Faraclas The BDI gained 19 points earlier on today and now stands at 965 thanks to the Capers’ triple digit figure. The world is being subjected to enigmatic Geopolitics and only Zeus knows with …Ajax what’s next. Over the last two reports – yesterday and on Friday 28th of July,...
August 1st, 2017 | Chartering, Dry Bulkcarriers, Markets, News, Oil Industry, Oil Platforms and Rigs, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Fight against Piracy and Armed Robbery against Ships in Asia Given a Boost …

Fight against Piracy and Armed Robbery against Ships in Asia  Given a Boost …
ReCAAP Information Sharing Centre Executive Director Masafumi Kuroki (L) andOCIMF Director Andrew Cassels affirm shared interest and collaboration with MOU Fight against Piracy and Armed Robbery against Ships in Asia  Given a Boost with Cooperation between ReCAAP Information Sharing Centre and OCIMF The...
July 25th, 2017 | Military, News, Oil Industry, Oil Platforms and Rigs, Organisations, Piracy and Terrorism, Politics and Government, Shipmanagement | Read More

Crude oil tanker owners take advantage of low newbuilding prices

Crude oil tanker owners take advantage of low newbuilding prices
… Too low to say no A prolonged period of weak contracting activity has forced shipyards to drop their newbuilding prices to levels not seen in decades. Crude oil tanker owners have decided to take advantage of the situation, despite the weakening earnings sentiment in their segment. by Jakub Walenkiewicz,...
July 21st, 2017 | Classification Societies, Markets, Oil Industry, Oil Platforms and Rigs, Reports, Statistics, Tankers | Read More

Energy Underwriting: the value of process safety leading indicators

Energy Underwriting: the value of process safety leading indicators
Steven Braithwaite. Energy Underwriting: the value of process safety leading indicators By Steven Braithwaite* Major loss events are a serious and growing concern within the energy industry. Incidents such as Macondo (the explosion and fire in April 2010 on the Deepwater Horizon semi-submersible) and...
July 20th, 2017 | Energy, Environment, Insurance and Reinsurance, News, Oil Platforms and Rigs, Pollution | Read More

Basic Equity Participation Agreement Made on FPSO Owning and Chartering Business for Oil and Gas Field, offshore Ghana

Basic Equity Participation Agreement Made on FPSO Owning and Chartering Business for Oil and Gas Field, offshore Ghana
… Four companies (hereinafter the “four partners”), namely, Kawasaki Kisen Kaisha, Ltd. (head office: Chiyoda-ku, Tokyo; President & CEO: Eizo Murakami; hereinafter “’K’ Line”), Sumitomo Corporation (head office: Chuo-ku, Tokyo; President & CEO: Kuniharu Nakamura), JGC Corporation...
July 4th, 2017 | Gas, Oil Industry, Oil Platforms and Rigs | Read More

LR successfully completes first classification survey of BP’s new Glen Lyon FPSO vessel

LR successfully completes first classification survey of BP’s new Glen Lyon FPSO vessel
The Glen Lyon FPSO 15 June 2017 – BP’s newest North Sea asset, the Glen Lyon floating production storage and offloading (FPSO) vessel, has been awarded full-term classification certificates for service in the Schiehallion and Loyal fields, 175 kilometres west of Shetland. Conditions west of Shetland...
June 15th, 2017 | Classification Societies, Energy, News, Oil Industry, Oil Platforms and Rigs, Technical, Technology, Underwater Shipping | Read More

Offshore rig market must drill deeper to achieve a lasting turnaround, says MSI

Offshore rig market must drill deeper to achieve a lasting turnaround, says MSI
MSI’s James Frew Analyst begins quarterly sector coverage by contrasting recent market optimism with the impact of rig utilisation rates on near-term earnings London, June 6, 2017. Maritime Strategies International (MSI), a leading independent research and consultancy, has forecast a challenging...
June 6th, 2017 | Drill ships, Manning - Seafarers and Offshore, Markets, Oil Industry, Oil Platforms and Rigs | Read More

Capt. Antonio M. Padrón visits the new port of Granadilla

Capt. Antonio M. Padrón visits the new port of Granadilla
An aerial view of Puerto de Granadilla Capt. Antonio M. Padrón, “IMO Maritime Ambassador” and Maritime Authority of Tenerife visited the works of the new port of GRANADILLA, in Tenerife The visit was also attended by representatives of the Port Authority of Tenerife, the Maritime Authority...
May 23rd, 2017 | Associations, Oil Industry, Oil Platforms and Rigs, Ports & Terminals | Read More

VesselsValue launches OSV discounted Cash Flow Valuations

VesselsValue launches OSV discounted Cash Flow Valuations
… Global OSV fleet has a Discounted Cash Flow value 2.5 times higher than its Market Value VesselsValue (VV), the world’s leading online valuation provider, is launching daily Discounted Cash Flow (DCF) valuations for Offshore Support Vessels (OSVs). This new valuation type looks to increase VesselsValue’s...
May 8th, 2017 | Energy, Oil Industry, Oil Platforms and Rigs, Sales and Purchases | Read More

Capt. Antonio M. Padrón participates in the 1st Iberoamerican Offshore Congress

Capt. Antonio M. Padrón participates in the 1st Iberoamerican Offshore Congress
Capt. Antonio M. Padrón delivering his paper Capt. Antonio M. Padrón, IMO Maritime Ambassador and Maritime Authority of Tenerife, participated in the “1st Iberoamerican Offshore Congress” held in Venezuela The Congress was organized by the CONSORCIO COSTA AFUERA, under the slogan “Towards...
May 6th, 2017 | Academia, Energy, Events, Conferences,Forums and Symposiums, Gas, HR, Maritime Education and Training, Oil Industry, Oil Platforms and Rigs, Shiprepair | Read More

ODEBRECHT OIL & GAS accompanied by managers of ALFASHIP, its Agents in Tenerife visit Capt. Antonio M. Padrón

ODEBRECHT OIL & GAS accompanied by managers of ALFASHIP, its Agents in Tenerife visit Capt. Antonio M. Padrón
Capt. Antonio M. Padrón y Santiago, “IMO Maritime Ambassador” and Maritime Authority of Tenerife, received the visit of representatives of ODEBRECHT OIL & GAS accompanied by managers of ALFASHIP, its Agents in Tenerife Capt. Antonio M. Padrón (third from the right) with representatives...
March 26th, 2017 | Associations, Gas, Oil Industry, Oil Platforms and Rigs, Shiprepair | Read More

Wärtsilä to optimise performance and uptime of four Songa Offshore drilling rigs

Wärtsilä to optimise performance and uptime of four Songa Offshore drilling rigs
Songa Encourage is one of the four drilling rigs covered by the new services agreement between Wärtsilä and Songa Offshore. Wärtsilä Corporation, 14 March 2017 at 10 am EET – The technology group Wärtsilä has signed a five-year technical management and services agreement with Songa Offshore...
March 14th, 2017 | Drill ships, Energy, Marine Equipment Products and Services, Markets, Oil Platforms and Rigs | Read More

1 year HAEE: 2016 review

1 year HAEE: 2016 review
Professor Dr. Kostas Andriosopoulos Since its inception in March 2015, the Hellenic Association for Energy Economics (www.HAEE.gr) acts as an interdisciplinary forum / think tank that promotes the exchange of ideas, research results and experiences among academics, professionals, business executives...
December 30th, 2016 | Associations, Energy, Gas, LNG, LPG, Markets, Oil Industry, Oil Platforms and Rigs, Reports, Tankers | Read More

ABS, SHI Conclude JDP for New TLP Design

ABS, SHI Conclude JDP for New TLP Design
Industry partners work together to develop new production unit option. (Busan, Republic of Korea) ABS, the leading provider of classification and technical services to the offshore industry, and Samsung Heavy Industries (SHI) of South Korea announce the conclusion of a joint development project (JDP)...
October 19th, 2016 | Classification Societies, Energy, Marine Equipment Products and Services, Oil Platforms and Rigs, Technical, Technology | Read More

Hot Port News from GAC

Hot Port News from GAC
  07-Oct-2016 PORT READINESS CONDITION YANKEE SET AS PORTS BRACE FOR HURRICANE MATTHEW Savannah & Brunswick, Georgia, USA OIL & GAS WORKERS’ STRIKE AVOIDED Norway EXTREMELY DANGEROUS HURRICANE MATTHEW MOVING CLOSER TO FLORIDA EAST COAST Florida, USA Port Readiness Condition...
October 7th, 2016 | Energy, Gas, Oil Industry, Oil Platforms and Rigs, Port Conditions, Ports & Terminals, Strikes, Weather | Read More

FUGRO’S 35-year asset integrity programme monitors CNRI North Sea oil platform

FUGRO’S 35-year asset integrity programme monitors CNRI North Sea oil platform
Fugro is marking a 35-year history of providing an asset integrity programme on one of the Ninian oil field platforms in the North Sea. Operator CNR International is working with Fugro to monitor the structural integrity of the Ninian Southern Platform (NSP) using a permanent online monitoring (OLM)...
September 29th, 2016 | Energy, Marine Equipment Products and Services, Oil Platforms and Rigs | Read More

Modifications or operational limitations for a limited number of rigs

Modifications or operational limitations for a limited number of rigs
  Ernst Meyer Høvik 27/09/2016: Following the accident involving COSLInnovator on 30 December 2015, some 100 semi-submersible rigs approved by DNV GL will be reviewed. Preliminary assessments indicate that a limited number of rigs will be subjected to modifications or operational limitations....
September 27th, 2016 | Classification Societies, Energy, Maritime Accidents, News, Oil Platforms and Rigs | Read More

Harris PYE successfully completes repair projects…

Harris PYE successfully completes repair projects…
At work on Ocean Endeavor HARRIS PYE SUCCESSFULLY COMPLETES REPAIR PROJECTS DURING DEMOBILISATION OF OCEAN ENDEAVOR The Harris Pye Engineering Group has successfully completed repair works during the two-stage multi-million dollar Diamond Offshore demobilisation project for their  semi-sub rig Ocean...
September 20th, 2016 | Energy, Oil Platforms and Rigs, Shiprepair | Read More

EIRA on the Energy jargon

EIRA on the Energy jargon
George Hatziioannou, EIRA’s editor George Hatzioannou, EIRA’s editor writes: What are the most likely repercussions for South East Europe’s energy security after the somewhat ambiguous reconciliation between Ankara and Moscow has re-activated the Turkish Stream pipeline project? Will it...
September 19th, 2016 | Associations, Energy, Gas, LNG, LPG, Markets, News, Oil Industry, Oil Platforms and Rigs, Reports, Tankers | Read More