Upcoming Winter Tanker Market Same as Last Year?

Will the 2014/15 winter tanker market be a repeat of the previous one? Poten & Partners consider the question in their latest 'Poten Tanker Opinion'. As

Technip Signs Contract for Refinery Units in Bahrain

  Technip was awarded by The Bahrain Petroleum Company (BAPCO) a significant (1) contract on a reimbursable basis to develop the Front-End Engineering Design (FEED)

Mnazi Bay Gas Deal Signed

  Maurel & Prom announced that, along with Mnazi Bay license partners Wentworth and Tanzania Petroleum Development Corporation (TPDC), it has signed a gas sales

Oceanearing Exercise Charter Options on DP2 CSV

Oceanteam Shipping ASA says that Oceaneering International, Inc. has exercised both one year options on the CSV 'Bourbon Oceanteam 101' up to February 2017. The

USNS Fall River Delivered by Austal USA

The Navy informs it has accepted delivery of Joint High Speed Vessel, the future 'USNS Fall River' from the Austal USA shipbuilder. The delivery marks a major milestone,

Navy Ocean Services Contracts Awarded to Five Firms

The US Department of Defense inform that five firms are to share in a broad range of ocean engineering services contracts with a combined maximum dollar value of US$99-million.

Seasat Wins Contract from Maersk Supply Services

Seasat A/S, the Danish communications services provider, specialized in delivering reliable broadband, television and voice services for the maritime market announces

L-3 MSI to Equip Third Quantum Class Ship

L-3 Marine Systems International (L-3 MSI) announced today that it has been awarded a contract to provide a range of navigation, lighting and communication systems

TORM Contracts Albwardy for Diving Services

Danish product tanker carrier TORM A/S and UAE-based Albwardy Marine Engineering (AME), an Albwardy-Damen JV, have signed a Service Level Agreement for diving services in the UAE region.

Increased Renewables Drive Spot Prices Lower

Central European day ahead power fell on Monday due to forecasts for rising renewable generation as the Hungarian spot spread narrowed on higher import capacity, traders said.

Frontier Announces 70% Turnover Increase

Frontier International, specialists in international oil and gas resourcing, has ended the first half of 2014 with an annualized turnover of £21.5million – a 70%

Rickmers' Fleet Equipped with Bluetracker

Long-term efficiency gains for the fleet on account of data capture and analysis on board and onshore. Declaration of intent signed at the SMM.   Rickmers Shipmanagement

Wentworth Sees Surging Cash Flow After Tanzania Gas Deal

Oil explorer Wentworth Resources expects its cash flow to surge from the first quarter of next year as it earns revenues from a new gas sales deal at its Mnazi Bay and Msimbati Gas fields in Tanzania,

Swissco Acquires Its First Liftboat

New asset expands and diversifies fleet offerings, enhancing the group’s value proposition to oil and gas majors as a comprehensive marine services provider; liftboatoat

Prompt Off On Green Power Supply, Curve On Fuels

European spot power prices on Monday eased on more renewable supply, while the curve posted six-week lows under pressure from weakness in related fuels markets.

Open Water Coil Tubing Drilling Off Norway

At the beginning of the year, Island Offshore with their partner Baker Hughes entered a back-to-back agreement with VTT Maritime who had been awarded a contract

Gazprom Neft Seeks Alternative Suppliers

Prirazlomnoye is Russia's first Arctic offshore oil field. Gazprom Neft sticks to plans at the field, by 2020 as a whole; Executive says "nothing unique" in drilling for shale oil (Adds details,

Finland Rejects TVO's Nuclear Permit Extension

Finland's economy minister on Monday recommended the government reject utility Teollisuuden Voima's (TVO) application for an extension to its licence to build the

France, China to Push Currency, Energy Ties

France and China will work together to promote the international role of the euro and the Chinese currency, and also beef up their cooperation in the nuclear power and uranium mining sectors,

China's Economy Crimps LNG Demand, Spot Buys

China's gas demand growth is expected to ease to its slowest in three years in 2014 and dip again next year, as a slowing economy and an ill-timed hike in prices

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