Contracts

JV Wins $2bln Freeport LNG Contract in US

 A joint venture (JV) between CB&I, Chiyoda International and Zachry Industrial has won a contract worth over $2bn from FLNG Liquefaction 3 for a liquefied natural

Viking Bags Charter Deal for AHTS Brage Viking

  Viking Supply Ships has entered into a contract with an Oil major for the charter of “Brage Viking” commencing 1stof April 2015. The duration is for 2 years and 8 months firm,

UK North Sea Workers Give "Overwhelming" Support for Strike

Trade unions Unite and GMB said members working offshore in Britain's North Sea oil and gas industry had shown overwhelming support for industrial action in a consultative

Two ASD Tugs Delivered to URAG

URAG has taken delivery of two ASD 2411 Tugs to add to its existing fleet. Named Brake and Perfect, the new vessels have joined their sister ship Prompt in the

New Workwear Lifejacket Introduced

Ocean Safety has introduced a new range of workwear lifejackets.   The new Kru Workwear range completes Ocean Safety’s lifejacket offering, providing a wide choice

S.African Court Rejects Westinghouse's Nuclear Contract Challenge

A South African court dismissed on Friday an application by Westinghouse Electric Company to re-open the bidding process for a generator contract awarded to French rival Areva,

DNV GL Approves Pipeline Isolation Tools

Pipeline engineering specialist STATS Group has received the DNV GL seal of approval for its Tecno Plug and BISEP range of pipeline isolation tools. DNV GL has

Vale CEO Ferreira to Lead Petrobras Board

Brazil's government has selected Murilo Ferreira, the chief executive officer of miner Vale SA, to head the board of state-run Petroleo Brasileiro SA, according

U.S. Chemical Safety Board Chief Resigns

The head of the U.S. Chemical Safety Board has resigned weeks after lawmakers with oversight of his agency accused him of hostility toward his staff, a White House official said on Thursday.

Asia VLCC Rates Flat, Owners Battle Further Drop

Owners to resist charterers attempts to push rates down; VLCC rates could soften if cargo volumes fall. Rates for very large crude carriers (VLCCs) on key Asian

Japan's JX Refining Output Shrinks 10 pct y/y

Japan's top oil refiner JX Nippon Oil & Energy Corp said on Friday it would refine 10 percent less crude oil in April from the same month a year ago due in part to slowing domestic demand.

Asia-Europe Box Rates Fall Almost 6 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 5.5 percent to $586 per 20-foot container (TEU) in the week ended on Friday,

Chevron Seeks to Exit Caltex Australia

Chevron selling 135 mln shares at 9.7 pct discount to Fri close. U.S. energy firm Chevron is seeking to sell its entire stake in Caltex Australia Ltd for about A$4.

Oil Falls as Middle East Supply Fears Ease

U.S. crude set for biggest weekly gain since early 2011. Oil prices fell more than $1 a barrel on Friday as worries receded over the threat of disruptions to

Trafigura Expands Rosneft Oil Deal

Russia's Rosneft to sell Trafigura up to 1.6 mln T in April; Trafigura's April volumes of Russian oil second only to China. Trafigura is emerging as the new king of Russian oil trading,

Celtic Sea Portfolio Update

  Fastnet Oil & Gas plc focused on near-term exploration and appraisal acreage in Morocco and the Celtic Sea, provided an update on its Celtic Sea portfolio. Highlights: ·     

Yachting Malta PPP Sets Sail

 Yatching Malta Ltd (YML) - a new public private partnership (PPP) between the government and the Royal Malta Yacht Club (RMYC) was formed with the aim of putting Malta on "the global yachting map".

Carnival to Add Nine Ships to Cruise Fleet

Carnival Corporation enters into strategic partnerships to add nine cruise ships to its fleet over a four-year period starting in 2019; shipbuilders Fincantieri

'Run to Remember' by USCG Foundation

   The Coast Guard Foundation, a non-profit organization committed to the education and welfare of Coast Guard members and their families, announced this year’s

IMTRA Announces Exclusive Sola-Cure Distributor Partnership

  IMTRA announced today through its exclusive North American distributorship of Sola-Cure shades — its line of customizable, high-quality and comprehensive solutions

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