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LNG

Novatek Ships First Cargo for New Client

Novateks wholly owned subsidiary, Novatek Gas and Power Asia Pte. Ltd., shipped a cargo of LNG produced in the framework of the Yamal LNG project for China National Offshore Oil Corporation (CNOOC).The cargo was delivered to Fujian LNG Terminal in China via the Northern Sea Route by an Arc7 ice-class LNG carrier in 20 days, completing the NSR part of the journey in 7.5 days.

OSV Technology: Notable Designs & Deliveries

Though the market for Offshore Support Vessels (OSVs) is soft, advances in technology, fit and finish in  the sector is unrivaled in any other maritime niche over the past five years. Here’s a look at some of the more notable designs and deliveries.Few vessels have inspired as much attention or coverage as the Harvey Energy…

ABB signs breakthrough contract for marine automation in China

ABB has announced that it has been awarded its first marine automation system contract for a cruise ferry in China, after the technology package for the Chinese-built Viking Line vessel has been extended to include the ABB Ability™ System 800xA.According to the statement, the system integrates power, propulsion and vessel management systems into one platform…

Japan takes South Korea to WTO over aid for shipbuildersThe Asahi Shimbun

GENEVA--Japan has launched a complaint at the World Trade Organization to contest what it says is illegal financial support given by South Korea to commercial shipbuilders, according to a WTO filing published on Tuesday."The measures in question relate to the development, production, marketing, and/or sale or purchase of commercial vessels…

Cheniere Bets $15 Billion on World Gas Demand Despite Tariff

(Bloomberg) -- Wearing a hardhat and orange vest, Ari Aziz climbs metal steps under a blazing sun until hes standing atop an 180-foot-high tank in Corpus Christi, Texas. Its big enough, he proudly points out, to hold a jumbo jet placed diagonally.Aziz is supervising more than 100 workers who form a kind of SWAT team for Cheniere Energy Inc.

Shale Oil

Subsea Umbilicals, Risers, and Flow Lines (SURF) Market Size, Application,Revenue, Types, Trends in

The Subsea Umbilicals, Risers, and Flow Lines (SURF) Market  report  provides valuable and unique information which is very  essential. Further it also covers key players,application and future market condition.This information is extremely useful information for new and growing  company to mark themself over the marketSubsea Umbilicals…

Iran military says it is ready to protect oil tankers...

DUBAI, Nov 12 (Reuters) - Iran's armed forces will protect Iranian oil tankers against any threats, an Iranian military official said on Monday, after the United States said the ships were a "floating liability" and warned ports operators not to allow them to dock."Iran's armed forces ... are prepared today as in the past…

Workboat Design: Multimission Vessels Have Adaptable

Drug interdiction. Crew transport in hostile waters. Law enforcement. Rescue operations. Passenger vessels. Today’s MultiMission Vessels (MMVs) are a diverse collection of workboats characterized by adaptable platforms, customized with standard accessories.A larger budget for electronics and multiple, smart, navigational…

Norwegian frigate 'was warned it was on collision course' before crash

One of the biggest warships in the Norwegian navy was warned repeatedly it was on a collision course with a Britain-bound oil tanker before the two vessels smashed into each other, it has been claimed.Crew on board the KNM Helge Instad, part of a NATO fleet in the Atlantic, insisted they 'had control' before smashing into Sola TS in Sture…

Aquaterra Bags More Johan Sverdrup Work

Aquaterra Energy announced Thursday it has been awarded a contract by Equinor to deliver early well construction operations for the next 16 wells of the Johan Sverdrup field development in the Norwegian North Sea.The award follows Aquaterra Energy’s Phase I Tie-Back project for the engineering of nine complete strings of centralizers and tieback engineering services…

Offshore Oil

Maryland AG Frosh to challenge Trump's choice of acting attorney general as 'illegal and unconstitut

Slideshow by Business InsiderMaryland Attorney General Brian Frosh filed a motion Tuesday in federal court challenging President Donald Trump's appointment of Matthew Whitaker as acting U.S. attorney general after the ouster last week of Jeff Sessions.Froshs motion in the U.S. District Court in Baltimore argues the appointment is illegal and unconstitutional and contends that Deputy U.S.

Commodities stocks drag Europe down as Thyssenkrupp, Richemont earnings disappoint

LONDON (Reuters) - European shares slipped on Friday as mining and oil stocks sold off and weak results from Thyssenkrupp and Richemont weighed on sentiment. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 8, 2018. REUTERS/StaffThe pan-European STOXX 600 fell 0.4 percent but held on to a small gain for the week…

Egyptian-French naval forces start maritime training in Mediterranean

(MENAFN - Daily News Egypt) Egyptian and French naval forces started a maritime training exercise in the northern Mediterranean on Wednesday. The training activities will provide ways to deal with the challenges facing maritime security, combating terrorism, protecting a vital sea target such as gas and oil ships. It will further include the implementation of sailing formations…

Critical Contrast: Subsea 7 (SUBCY) and Basic Energy Services (BAS)

Basic Energy Services (NYSE:BAS) and Subsea 7 (OTCMKTS:SUBCY) are both oils/energy companies, but which is the better business? We will compare the two companies based on the strength of their valuation, dividends, analyst recommendations, risk, earnings, profitability and institutional ownership. Analyst RatingsThis is a breakdown of current ratings for Basic Energy Services and Subsea 7…

Cummins Inc. (CMI) Stake Decreased by Los Angeles Capital Management & Equity Research Inc.

Los Angeles Capital Management & Equity Research Inc. reduced its position in Cummins Inc. (NYSE:CMI) by 16.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 303,342 shares of the company’s stock after selling 60,289 shares during the period. Los Angeles Capital Management & Equity Research Inc.

Disel

Zac Efron and Michelle Rodriguez confirm romance

414View commentsZac Efron and Michelle Rodriguez have finally confirmed rumours they are dating after they were pictured kissing on holiday in Sardinia.The 26-year-old hunk and the openly-bisexual actress enjoyed a PDA as they cosied up to one another on a yacht on Saturday.Zac leaned in to kiss 35-year-old Michelle, who…

Zac Efron and Michelle Rodriguez confirm romance

414View commentsZac Efron and Michelle Rodriguez have finally confirmed rumours they are dating after they were pictured kissing on holiday in Sardinia.The 26-year-old hunk and the openly-bisexual actress enjoyed a PDA as they cosied up to one another on a yacht on Saturday.Zac leaned in to kiss 35-year-old Michelle, who…