Stories

New Wärtsilä Propeller Speeds Up Australian FPSO

February 17, 2014

Wärtsilä say that the technical design and installation of a new fixed pitch propeller (FPP)  for the floating production storage and offloading vessel (FPSO) Ngujima-Yin has been successfully completed. The FPSO is operated by Woodside Energy Ltd…

Aker Solutions Holds Its Own in Q4 2013

February 13, 2014

Financial Highlights in the fourth quarter of year 2013 were as follows: Sales were NOK 11.4 billion in the fourth quarter of 2013, up from NOK 11.2 in the fourth quarter of 2012. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 1.06 billion in the quarter…

The Quest for Arctic O&G Standards

February 11, 2014

Improving and updating Arctic design standards for material, equipment and offshore structures for the petroleum, petrochemical and natural gas industries. Seventy representatives from seven countries met for two days in St. John’s, Newfoundland…

Floating Production Systems Report And Online Database

  • Monthly reports -- Our monthly reports provide a detailed snapshot of the business sector as of the middle of each month. More than 80 pages of data and industry analysis each month. Excel spreadsheets with each report enable subscribers to tailor the data presentation to their needs. In October of each year we provide a detailed five year forecast of production floater orders. In March of each year we fine tune the forecast and make revisions as needed.
  • Online database -- The online database is updated every day – with information direct from primary sources. In the database are details for 240 planned projects, 370 installations in service, 70+ floaters on order and 20+ floaters available. The database is fully searchable. Customized charts and spreadsheets can be directly produced from the database.
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Commercial Marine World on Show at Seawork

February 10, 2014

From countries across the globe, including Australia, Canada, the U.S. and Europe, more than 500 exhibitors will be at Seawork International, the commercial marine exhibition and conference, opening on Tuesday, June 10 for its annual three-day run in the ABP Port of Southampton, U.K.

Deltamarin Designs FPSO for Bumi Armada

February 7, 2014

Deltamarin signed a contract with Bumi Armada, for the basic design of a floating production, storage and offloading (FPSO) unit. In November 2013, the Malaysia-based international offshore oilfield services provider, Bumi Armada, announced…

Netherlands Shipyard to Build Ship for China

February 6, 2014

IHC Merwede says it has been successful in securing orders worth € 350 million for a wide range of dredging and offshore vessels and equipment, including a large trailing suction dredger for a Chinese customer. News of the orders as follows…

IHC Merwede Wins Dredging and Offshore Orders

February 5, 2014

IHC Merwede has secured orders worth €350 million for a wide range of dredging and offshore vessels and equipment. The company’s Dredging division has confirmed new contracts for the delivery of a large custom-built trailing suction hopper dredger…

Northern Offshore's Jackup 'Energy Endeavour' Charter Extended

January 30, 2014

Northern Offshore U.K. Ltd., says it has received notice that Wintershall Noordzee B.V. (Wintershall) is exercising the first of two six-month options for the jackup 'Energy Endeavour'. The charter option is in direct continuation following the end of the well in progress on May 1…

Arctic Standards Development Moves Ahead

January 29, 2014

Improving and updating Arctic design standards for material, equipment, and offshore structures for the petroleum, petrochemical and natural gas industries. Seventy representatives from seven countries met for two days in St. John’s, Newfoundland…

North Sea FPSO Power Contract for Wärtsilä

January 28, 2014

Wärtsilä say they are to supply a 62 MW topside power module solution for a Floating Production, Storage and Offloading (FPSO) vessel to be deployed at the Kraken oilfield located in the U.K. sector of the North Sea. This EPC (engineering, procurement…

Happy Birthday to Us!

January 20, 2014

This year Maritime Reporter & Engineering News celebrates its 75th Anniversary. Founded by  in 1939, the publication today reigns as the largest audited publication serving the global maritime industry, with a circulation of more than 35,000.

Where is Floating Production Headed?

January 20, 2014

The number of floating production units grew 5% in 2013. Here we examine the global market and future opportunities. Currently, there are 319 oil/gas floating production units are now in service, on order or available for reuse on another field.

Aegean Bunkering Secures Cash for US Expansion

January 17, 2014

Aegean Marine says it has secured a $150 million uncommitted working capital facility from ABN AMRO Capital USA to finance the working capital requirements of Aegean Bunkering (USA) LLC, which Aegean Marine recently formed to complete the acquisition of the former U.S.

BW Offshore: VLCC Acquired for Future Projects

January 3, 2014

BW Offshore announced that it has exercised an option to acquire the tanker Blue Opal for $83.4 million from Daewoo Shipbuilding & Marine Engineering (DSME). Blue Opal is a DSME designed and built VLCC (320,000 dwt) from 2012. BW Offshore has…

BW Offshore Acquires VLCC from DSME

January 2, 2014

BW Offshore has exercised an option to acquire the tanker Blue Opal for USD 83.4 million from Daewoo Shipbuilding & Marine Engineering (DSME). Blue Opal is a DSME designed and built VLCC (320,000 dwt) from 2012. BW Offshore has performed detailed…

The Trinidad & Tobago Maritime Sector

December 23, 2013

Shipbuilding, repair endorsed by government to diversify economy The recent 2013-14 National Budget of Trinidad and Tobago firmly highlighted the government’s intention to endorse Shipbuilding and Repair as a means of diversifying our traditional oil and gas economy.

Aegean Secures Hess' US East Coast Bunkering Business

December 20, 2013

Aegean Marine Petroleum Network Inc. says it has completed the previously announced acquisition of the U.S. East Coast bunkering business of Hess Corporation. The transaction, which includes bunkering operations that averaged 1.8 million metric tons in annual sales over the past three years…

Keppel Wins $120m in Offshore Contracts

December 16, 2013

Keppel Offshore & Marine Ltd's (Keppel O&M) subsidiaries Keppel Shipyard Ltd (Keppel Shipyard) and Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) won five contracts worth about $120m in total. "We are glad to have the support of repeat and new customers for a range of offshore and marine projects…

Vessel Optimization Data Combines Ocean/Tidal Currents

December 13, 2013

A vessel optimization application offering combined tidal and non-tidal (ocean) current data has been launched for integrated vessel speed and route optimization. Developed by oceanographic data specialist Tidetech, the new application offers…

China Offshore Inert Gas Orders for Norway's WTS

December 3, 2013

Wilhelmsen Technical Solutions (WTS) say they have secured multiple orders to supply Maritime Protection Inert Gas Generator (IGG) systems for installation on vessels under construction for operations offshore China. The Maritime Protection…

Aurora LNG Submits Canada Export Bid

December 2, 2013

British Columbia’s first liquefied natural gas (LNG) proposal at Grassy Point near Prince Rupert has filed its export application with Canada's National Energy Board (NEB). "Aurora LNG is moving forward with their plans to export B.C.'s natural gas to new markets overseas…

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