MAN's engine receives serial type approval [Equipment]
MAN Diesel & Turbo has recently announced that its MAN 175D marine engine program has achieved another milestone on its path and on time. Following on from its multiple achievements during 2016 that saw it employed in a series of commercial o...
2017-06-13 07:07:19
1st drilling rig powered fully from shore [Offshore]
Maersk Invincible is being supplied with electricity through the Valhall field. It is probably the first time ever a drilling rig is being powered fully from shore. “This is a pioneer project for Aker BP. Electrifying the drilling rig allows...
2017-06-13 07:06:30
Statoil publishes Energy Perspectives report [General]
Statoil expects substantial changes in the global energy mix. In moving towards a low-carbon energy system, new renewables may increase from just over one percent of total primary energy demand in 2014 to almost twenty percent in 2050. In a scena...
2017-06-13 07:02:49
Shearwater clinches 3D survey deal [Offshore]
Shearwater GeoServices Norway AS announced on June 9 that it has received a Letter of Award (LOA) from Wintershall Norge AS for a 3D survey of Blocks PL 768/768B in the Barents Sea. The survey covers approximately 965 square kilometers and wil...
2017-06-13 07:01:01
LUKOIL builds facilities at Yuri Korchagin field [Offshore]
LUKOIL continues the construction of second-stage facilities at Yuri Korchagin field, in the northern part of the Caspian Sea. A jacket for the wellhead platform was delivered to the site and installed at the destination point, while preparations...
2017-06-13 06:59:24
Japan accounts for the largest orderbook [Shipbuilding]
Japanese shipowners have achieved the global top across all owner nationalities, in terms of gt. Clarkson Research said through the recent report, "Following the boom in ordering preceding the global economic downturn, the orderbook stood at i...
2017-06-13 06:56:26
Delta buys resale of Suezmax duo [Shipbuilding]
It has recently turned out that Delta Tankers, a tanker operator led by Greek shipowner Diamantis Diamantidis, will purchase the two resales of tanker from Hamburg-based Johann M.K. Blumenthal.  Delta Tankers plans to buy Blumenthal's two...
2017-06-13 06:55:33
Creditors start funding for DSME [Finance]
Korea Development Bank has recently announced that it has reached an agreement with creditors to begin financial support for Daewoo Shipbuilding & Marine Engineering before the formal settlement of debt. Earlier, the creditors presented th...
2017-06-13 06:53:44
Peter Dohle signs financing deal with ICBC [Finance]
German shipowner Peter Dohle Schiffahrtsn has inked a financing deal with ICBC Financial Leasing (ICBCL) for construction of $200m newbuildings.  The two companies signed the financial deal during the visit of the Chinese prime minister L...
2017-06-13 06:53:00
Saudi Aramco spurs oil field development [Offshore]
It turned out early this month that Amec Foster Wheeler of the UK secured a front-end engineering and design (FEED) contract from Saudi Aramco for the expansion of 'Marjan' onshore·offshore oil & gas production facility.  The project...
2017-06-13 06:52:15
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