Stories

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…

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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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…

US East Coast Bunker Business Taken Over by Aegian Marine

November 13, 2013

Greek-based Aegean Marine Petroleum Network Inc. has entered into an agreement to acquire the U.S. East Coast bunkering business of Hess Corporation. Hess Corporation is currently the leading marketer of marine fuels along the U.S. East Coast.

Sealink Connects with BASSnet Software

November 11, 2013

Shipping solutions provider BASS is going deep into Malaysian waters, signing on Sealink Sdn Bhd, a wholly-owned unit of Sealink International Bhd, to equip it with the state-of-the-art Human Resource Management solution, BASSnet  HRM 2.8. The contract…

IBIA, SAMSA to Bring Offshore Bunkering to South Africa

November 4, 2013

The International Bunker Industry Association (IBIA) has announced that it will be working with the South African Maritime Safety Authority (SAMSA) to develop a Bunkering code of practice for the supply of fuel from offshore barges. Offshore bunkering is currently banned in South Africa…

BMT Provides EPRMS and IRMS for Anadarko Heidelberg

October 31, 2013

Anadarko Petroleum Corporation awarded a contract to BMT Scientific Marine Services Inc (BMT) to provide an Environmental and Platform Response Monitoring System (EPRMS) and an Independent Remote Monitoring System (IRMS) for the Heidelberg spar in the U.S. Gulf of Mexico.

Chinese Firms in Winning Libra Field Bid, Offshore Brazil

October 21, 2013

The Chinese firms, China National Offshore Oil Corporation ( CNOOC) and China National Petroleum Corporation (CNPC), have a 10 percent stake each, with Shell and Total taking 20 percent each, and Petrobras the remaining 40 percent share. The…

Substantial GofM Subsea Contract for Technip

October 15, 2013

Technip has been awarded a substantial contract by LLOG Exploration Offshore L.L.C. for the development of the Delta House field, located in the Mississippi Canyon area of the US Gulf of Mexico. This contract covers the project management, engineering…

Buckeye to Acquire Liquid Petroleum Terminals From Hess

October 10, 2013

Buckeye Partners, L.P. signed a definitive agreement with Hess Corporation and its subsidiaries to acquire 20 liquid petroleum products terminals with total storage capacity of approximately 39 million barrels for $850 million. The 19 domestic…

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