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Global Offshore Industry Capex – Key Sectors ($ million)
The offshore industry should enjoy steady growth over the next five years and the longer-term prospects are looking even better as the potential for higher oil prices grows.
Washburn & Doughty and BTT Team Up to Build Tugs for LNG Application
Washburn & Doughty Associates, Inc. of East Boothbay, Maine is currently building two 4400 HP Z Drive (ASD) Tugs for Boston Towing & Transportation Company (BTT) of Boston, Massachusetts.
Oil Price Rises to Impact Transport Sector
The long-term growth in the transport sector will shortly become unsustainable due to oil price increases forecast to occur in the next few years. These are amongst…
Industry Pays Tribute to Innovation Awards Winners
Winners of the Lloyd’s List-SMM 2002 Awards for innovation in shipbuilding and marine technology were announced in the Hamburg Congress Centre last night (September…
Aker Arctic WinsShuttle Tanker Contract
Aker Arctic Technology of Finland and the St. Petersburg based FSUE Admiralty shipyards signed a contract for a license and design including classification package of two 70…
Puteri Intan Satu Marks 40th LNG into Lloyd’s Register Class
The delivery of Puteri Intan Satu, on August 29, to Malaysia International Shipping Corporation (MISC) marked the arrival of the 40th LNG ship into Lloyd’s Register’s LNG fleet.
Proposed Expansion of Sabine Pass LNG, LP
The Federal Energy Regulatory Commission (FERC) issued a Notice stating that it received an application from Sabine Pass LNG, LP seeking authorization to site, construct…
Broadwater LNG Project
The U.S. Coast Guard is in the process of preparing a Letter of Recommendation as to the suitability of Long Island Sound for liquefied natural gas (LNG) traffic.
Keppel to Deliver Maersk Rig Early
Keppel Offshore & Marine Limited (Keppel O&M) will deliver a new generation semi-submersible rig to Maersk Contractors two weeks ahead of schedule in mid August 2003.
Dominion Resumes LNG Operations
The Coast Guard will escort a liquefied natural gas (LNG) shipment into Dominion’s natural gas facility in Lusby, Md., Friday about 2 p.m.; the first vessel to unload…
IZAR Delivers LNG Inigo Tapias
IZAR Sestao Shipyard has delivered the LNG, Inigo Tapias, which will be operated by the company F. Tapias for Repsol YPF-Gas Natural. After conclusion of tests,…
ChevronTexaco Signs MOU to Bring LNG to West Coast
ChevronTexaco Corp. today announced than an affiliate had signed a Memorandum of Understanding (MOU) with the Gorgon Joint Venture in Australia for the supply of…
Qatar Petroleum and ConocoPhillips Agree to Develop LNG Project
Qatar Petroleum and ConocoPhillips has signed a Heads of Agreement for the development of Qatargas 3, a large-scale liquefied natural gas (LNG) project located in Qatar servicing the U.S.
LNG Carriers Receive Wynn Marine Retrofit
from around the world. One recent retrofit of window wiper systems has been carried out through Golar Management with Wynn supplying Type D Straight Line wipers…
Government Update:The Maritime Transportation Security Act 101
After a series of procedural maneuvers, the 107th Congress adopted the Maritime Transportation Security Act as one of its final bills prior to adjournment. President…
Chesapeake Bay Security Rules Change
The U.S. Coast Guard issued a final rule establishing safety and security zones with a radius of 500 yards around cruise ships and vessels carrying Certain Dangerous Cargo (CDC)…
Market Report: Long-Term Healthy LNG Ship Demand
The healthy LNG ship newbuilding orderbook is likely to continue through to the end of this decade. An additional 50 new ships will be required for delivery in-service…
Tinsley:Air-to-Sea Technology Transfer
As a response to the marine market's demand for higher power concentrations and increased plant reliability, deliverable at competitive cost, the new offering from…
Astillero Sestao Shipyard Developing New LNG Design
represent a step ahead in gas carriers. membrane systems. diesel engines whose operation is combined with a redundant re-liquefaction plant. after comprehensive comparisons among them.
Fredriksen, BG Group Close to Settlement
The world's top shipping magnate John Fredriksen is close to solving a dispute with British utility BG Group and could soon see increased earnings for four of his ships, shipping sources said.