Petrochemical Producers Supply Chain Survey

Petrochemical Update recently reached out to their extensive network of petrochemical supply chain & logistics purchasing managers to an insight into budgets

FLNG Capex to Exceed USD 50 Bn in Next Five Years

Westwood: FLNG Capex is projected to total USD 52.8 billion over the 2019-2024 period.

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Enterprise to Build Offshore Texas Crude Oil Export Terminal

Enterprise Products Partners (EPD) is planning to develop an offshore crude oil export terminal off the Texas Gulf Coast.

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Tidewater, GulfMark Merger to Create Largest OSV Fleet

Tidewater and GulfMark Offshore have received the green light from their boards of directors to merge.

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Hyundai Heavy Workers Strike amid Job Loss Fears

Hyundai Heavy Industries

Hundreds of HHI workers walk out calling for job security.

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MISC Inks Long-Term FSO Charter with HESS

MISC Berhad secures a long-term charter contract for the lease of an FSO on a bareboat basis.

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LR Bags Support Deal for Mozambique FLNG Project

FLNG

Lloyd's Register has received a support contract for the Coral South FLNG project in Mozambique.

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Hyundai Heavy to Close Shipyard amid Lack of Offshore Orders

HHI

Hyundai Heavy will temporarily close its offshore shipyard due to a lack of orders.

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Yinson Starts Talks on Nigerian FPSO Deal

Talks

Yinson started exclusive negotiations for a potential FPSO supply and charter contract off Nigeria.

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MOL Steps Further into Subsea Support Vessel Business

MOL is moving into the subsea support vessel business as it decided to buy a stake in AKOFS Offshore AS.

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Prelude FLNG Receives First Gas Onboard

Gas has been introduced onto Shell's Prelude FLNG, representing a significant milestone for the facility. 

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Sembcorp Marine Pens Deal for Shell's FPU

A Sembcorp Marine unit wins a contract for Shell's Vito semi-submersible FPU.

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Sembcorp Builds World’s First FSO with 40-Year Hull Lifespan

FSO Ailsa

Sembcorp Marine has completed the world's first FSO vessel with a 40-year hull lifespan, the FSO Ailsa.

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MODEC’s New FSRWP Vessel Design Gets AiP

Modec's FSRWP design

Bureau Veritas has awarded Approval in Principle to MODEC's new FSRWP vessel concept design.

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BW Offshore Agrees Extension for Abo FPSO

Abo FPSO

BW Offshore has agreed an extension for the Abo FPSO unit with Nigerian Agip Exploration.

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Report: Bulker Caused Fatal Oil Spill in Indonesia

Ever Judger believed to have caused the breakup of Pertamina's undersea pipe which resulted in the massive oil spill.

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One Dead in Fire aboard Research Vessel MV Geos

Stricken MV Geos

One dead in a fire which hit the research vessel MV Geos on April 17 in the South China Sea.

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Vroon Hammers Out Restructuring Deal with Lenders

Vroon Acadian

Vroon has reached an agreement in principle with its lenders on financial restructuring.

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Construction Work Begins on Saudi Arabia's Maritime Yard

The construction process on Saudi Arabia's new maritime yard has officially begun.

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Statoil Changes Name to Equinor

Norwegian oil major Statoil has decided to change its name to Equinor after almost 50 years.

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BW Offshore Gets FPSO Option from Petrobras

BW Offshore has received notice for a one-year contract extension for FPSO Cidade de São Mateus from Petrobras.

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Looking Ahead at the Maritime & Offshore Career Event 2018

It’s almost time -- on March 28, the Maritime & Offshore Career Event takes place at WTC Rotterdam.

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APM 2018 Launched amid Industry Anticipation for Upturn

Asia's exhibition and conference Asia Pacific Maritime (APM) was officially launched on March 14.

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Teekay Takes Delivery of Final Heritage-Class Shuttle Tanker

The final Heritage Class newbuilding shuttle tanker, M/T Dorset Spirit, has been handed over to Teekay.

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MISC Names, Delivers Its New FSO Unit

MISC Berhad has held a naming, delivery ceremony for its floating, storage & offloading unit, the FSO Benchamas 2.

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Oil Platform Catches Fire off Corpus Christi

A Magellan-owned oil platform, located three miles off Corpus Christi, suffered a fire on March 7.

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Danish Energy Agency Clears Maersk Oil Sale

The Danish Energy Agency has approved Maersk's sale of its oil business.

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KNOT Shuttle Tankers Adds Dropdown Duo

KNOT Offshore Partners enters a dropdown deal with Knutsen NYK for two shuttle tankers.

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