Fortuna FLNG Project Update [Offshore]
Ophir announced on November 23 that it has agreed a twelve-month extension to the Block R licence, in which the Project is situated, to the end of December 2018. The Company, together with its partners in the Project, has been pursuing financi...
2017-11-27 07:28:05
Petronas to provide LNG STS transfer in labuan [General]
PETRONAS announced on November 22 that PETRONAS LNG Ltd. (PLL), a subsidiary of PETRONAS LNG Sdn. Bhd (PLSB), signed a two-year Service Agreement with Argo Engineering Sdn Bhd (Argo) and Eastport Marine Sdn Bhd (Eastport) to provide liquefied nat...
2017-11-27 07:25:51
Eight energy majors commit to reduce emission [General]
BP released a joint media release on November 22 that the company, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and Wintershall committed to further reduce methane emissions from the natural gas assets they operate around the world. The energy ...
2017-11-27 07:23:18
Oceanology International 2018 Opens for Registration [General]
Oceanology International exhibition and conference, the world’s premier forum for thousands of marine science and ocean technology professionals, has launched online registration for a newly-expanded 2018 edition from 13th to 15th March at ExCe...
2017-11-27 07:22:36
Dudgeon offshore wind farm officially opened [Offshore]
Statoil announced on November 22 that Statoil and partners Masdar and Statkraft officially opened the Dudgeon offshore wind farm in Great Yarmouth, UK. Since the investment decision was made in 2014, construction costs have been reduced by more t...
2017-11-27 07:18:26
HHI started World’s biggest ESS [General]
Hyundai Heavy Industries (HHI) started the world’s largest industrial Energy Storage System (ESS) at its HQ in Ulsan on November 23. ESS is a facility to store power to release it when needed to enhance overall energy efficiency. It can play...
2017-11-27 07:15:20
Offshore plant center opened at Geoje [Offshore]
Ministry of Oceans and Fisheries (MOF) of Korea held a dedication ceremony of ‘offshore plant support center’ on November 23 at Geoje to enhance offshore facility building capability. South Gyeongsang Province of Korea and Geoje provided t...
2017-11-27 07:14:47
Korea floats autonomous vessel [Shipbuilding]
Ministry of Oceans and Fisheries (MOF) of Korea have had field trial performance of an autonomous vessel at Geoje.  The Ministry and Korea Research Institute of Ships and Ocean Engineering (KRISO) have carried out ‘multipurpose intellig...
2017-11-27 07:14:10
"Supply/Demand balance emerges in 2021" [Shipping]
Finally global shipping market will see the supply/demand balance in 2021, Clarksons’ Martin Stopford said. In the opening Q&A session in Maritime CEO Forum at Hong Kong, non-executive president of Clarksons Research, Dr. Stopford said i...
2017-11-27 07:13:34
STX cuts payroll again [Shipbuilding]
The payroll of STX Offshore & Shipbuilding, once reached over 3,400, is expected to be reduced to around 1,000. The company announced on November 26 that it accepts applications for voluntary retirement from November 27 to December 11. ...
2017-11-27 07:12:24
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