Ulstein Launches Its Largest Offshore Vessel Yet

ulstein

  On Tuesday night, August 25th, yard number 302 Island Venture, an offshore construction vessel for Island ...

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Russia to Compensate Dutch over Arctic Sunrise Case

Court Orders Russia to Compensate Dutch over Arctic Sunrise Case2

The Permanent Court of Arbitration (PCA) in Hague ruled on Monday that the Russian government broke international ...

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Great Pacific Garbage Patch Is a Ticking Time Bomb

Great Pacific Garbage Patch Is a Ticking Timebomb

Scientists and volunteers at the Ocean Cleanup have concluded the so-called ”Mega Expedition” aimed at ...

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Fletcher Shipping Stays Afloat

Fletcher Shipping Remains Afloat

Scottish oil field services firm Fletcher Shipping has managed to remain afloat in the last minute as it has struck ...

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Missing Oceanografia’s Supply Ship Reappears

Missing Oceanografia's Supply Ship Reappears

An offshore supply ship identified as Caballo Maya, owned by oil service provider Oceanografía SA, has reappeared ...

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DSME Terminates Drillship Contract

DSME Terminates Drillship Contract

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has cancelled a contract for ...

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Former Petrobras Exec Gets 12 Years over SHI Bribe

Former Petrobras Exec Gets 12 Years over SHI Bribe

Former international chief of Brazilian state-run oil company Nestor Cervero has been sentenced to 12 years of ...

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COSCOL Scores Rig Transport Deal with Shell Offshore

COSCOL Scores Rig Transport Deal with Shell Offshore

Chinese heavy-lift specialist COSCO Shipping Company Limited (COSCOL) has secured a contract with owner and ...

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First Deepwater Horizon Compensation Funds Allocated

GoM Restoration Council Starts Allocating Deepwater Horizon Compensation Funds

The Gulf Coast Ecosystem Restoration Council, a new U.S. federal entity created by the RESTORE Act consisting of ...

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Maersk’s Quarterly Profit Dips

Maersk's Quarterly Profit Halved

Danish shipping and energy conglomerate Maersk Group delivered USD 1.1 billion underlying net profit for the ...

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Maersk Launches Second USD 1bn Share Buy-Back

Maersk Launches Second USD 1bn Share Buy-Back

The board of directors of Denmark’s shipping and oil giant A.P. Møller – Mærsk A/S has decided to ...

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Keppel Shipyard Nabs FPSO Conversion Deal

Keppel Shipyard Nabs FPSO Conversion Deal

Singapore-based Keppel Shipyard Ltd has secured a Floating Production Storage and Offloading (FPSO) conversion ...

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Austal Catamaran Ready to Join ADNOC Fleet

Austal Catamaran Ready to Join ADNOC Fleet

Australian shipbuilder Austal has delivered the first of two high speed catamaran ferries built for the Abu Dhabi ...

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Ocean Rig Buries DryShips

Ocean Rig Buries DryShips

Athens-based DryShips Inc. recorded USD 1.44 billion net loss for the quarter ended June 30, 2015, largely due to ...

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Teekay Surges to Profit

Teekay Surges to Profit

NYSE-listed Teekay Corporation reported USD 215.3 million net income for the quarter ended June 30, 2015, vastly ...

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Prumo Gets Funding to Complete Port of Açu Project

Prumo Gets Funding to Complete Port of Açu Project

Brazilian port owner and operator Prumo Global Logistics has, through its subsidiary Porto do Açu Operações, ...

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Bechtel to Design, Build First US-based Floating LNG Vessel

Bechtel to Design and Build First US-Based Floating LNG Vessel

San Francisco-based engineering, construction, and project management company Bechtel has been selected by Delfin ...

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EGAS Goes to BW Gas for Second LNG Floating Import Terminal

EGAS Goes to BW Gas for Second LNG Floating Import Terminal

The Egyptian Natural Gas Holding Company (EGAS) has contracted Singapore-based BW Gas to provide Egypt with its ...

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Tasneef to Class 31 Vessels for Irshad

Tasneef to Class 31 Vessels for Irshad

Emirates Classification Society (Tasneef), a national classification society of United Arab Emirates,  and Abu ...

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BG Group Starts Up Sixth FPSO in Santos Basin, Brazil

BG Group Starts Up Sixth FPSO in Santos Basin, Brazil

British multinational oil and gas major BG Group has reported first oil from the Cidade de Itaguaí floating, ...

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Yinson Takes Majority Stake in Premuda’s FPSO

Yinson Takes Majority Stake in Premuda's FPSO

Malaysian Yinson Holdings Berhad and Italy’s Premuda S.P.A. have, through two of their wholly-owned ...

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Gallery: Shell’s Icebreaker Passes through Protesters

Shell’s Icebreaker Passes through Protesters0

Royal Dutch Shell’s icebreaker Fennica has managed to squeeze through the protesting environmentalists in Portland ...

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Santa Barbara Waters Hit by Another Oil Spill

Image for illustrative purposes only.

The U.S. Coast Guard is responding to a report of an oil sheen in the water near Goleta Beach, Santa Barbara, ...

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DSME Takes Songa Offshore to Arbitration

Songa Equinox

South Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) is seeking arbitration against ...

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Dangling Activists Keeping Shell Icebreaker in Portland

Dangling Activists Keeping Shell Icebreaker in Portland

Greenpeace US activists have suspended themselves from St. Johns Bridge in Portland, Oregon to block the Shell ...

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BP Gets 30 Days to Make USD 1bn Deepwater Horizon Payments

BP Gets 30 Days to Make USD 1bn Deepwater Horizon Compensation Payment

The New Orleans District Judge Carl J. Barbier yesterday gave a 30-day deadline to BP to pay USD 1 billion in ...

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Milaha Marks Growth Across the Board

Sheikh Ali Bin Jassim Bin Mohammad Al Thani

Qatar Navigation (Milaha) Q.S.C. delivered a net profit of QAR 651 million (around USD 179 million) for the first ...

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