Offshore News

Offshore AUV & ROV Market in 360MarketUpdates.com

Offshore AUV & ROV Market Research : Market Overview, Market Size, Industry Growth Analysis,Trend, &

The Research Report On Offshore AUV & ROV Market Present Current situation of Offshore AUV & ROV Market with Recent Trend And Growth. The Report Gives complete analyses of the Offshore AUV & ROV Market With Leading Manufacturers Analysis including their Market share.The Report Analyse Market strategies that are being adopted…

Speculators Are Abandoning Oil | OilPrice.com

Friday September 27, 20191. China’s bauxite imports surge- There are concerns that Indonesia might put a ban on bauxite exports, the raw material used for aluminum production, following restrictions on nickel exports. Nickel prices recently spiked.- “While such a development would support bauxite and in turn aluminum prices…

Bad weather still preventing SeaRose spill containment, Husky says

Husky retrieves connector blamed for N.L.'s largest oil spillMoreA leak from an oil vessel flowline 350 kilometres from St. John's caused 250,000 litres of crude to spill into the sea Friday, and the extraction company responsible says it still can't contain the leak due to poor weather conditions.Two oil sheens have been spotted on the ocean surface in the White Rose field.

M.V. Shipyard eyes expansive redesign

The Marthas Vineyard Shipyard is looking to build a 48-slip marina, add new parking spaces, demolish two existing buildings and build a new one, and make other significant improvements to the existing facility on the Lagoon Pond side of Beach Road.In a conversation with The Times, shipyard owner Philip Hale and his son…

Johnson Controls, Danfoss Semco, 3M0 – Mach Tribune

The comprehensive market study on Global Firefighting Equipment Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 by MRInsights.biz sheds light on the need for the up-to-date market data for the business management, offering progress and profitability of the global market. Its a professional and deep analysis of the current market state.

GLOBAL LNG-Asian prices hit three-week high; tanker rates rise

* CNOOC seeks to charter ships to replace COSCO-linked tankers* Japan's Tohoku buys November-delivery cargo - sources* China's LNG imports could slow due to terminal repairsBy Jessica JaganathanSINGAPORE, Oct 11 (Reuters) - Asian spot prices for liquefied natural gas (LNG) rose to a three-week high this week ahead of winter demand…

(Update)TBO conducts search and arrests one in Larimar case

TBO spokesperson Roderick Gouverneur confirmed that a search was conducted relating to the Larimar investigation and that one arrest had been made. However, he said that TBO is not making any statements at the moment because of the ongoing investigation. Gouverneur did not specify where the search was conducted, but it is believed that a building in Pointe Blanche was included.

Global Marine Group Buys Stake in Rovco

Subsea technology company Rovco said it has formed an invested partnership with offshore engineering firm Global Marine Group (GMG) to bring intelligent inspection, repair and maintenance (IRM) solutions to the global offshore market.GMG, made up of three business units - Global Offshore, CWind and Global Marine - has secured…

Green campaigners condemn disgraceful North Sea gas discovery hailed as biggest in a decade

Green campaigners have been left dismayed as a Chinese firm announced the discovery of the biggest gas field in the North Sea for more than a decade.Drilling revealed gas reserves equivalent to 250 million barrels of oil, which could go a long way to supplying the UKs demand.But with the nation facing strict targets to cut greenhouse gas emissions under the Paris climate agreement…

Head to Head Review: Petroteq Energy (PQEFF) & Rowan Companies (RDC)

Petroteq Energy (OTCMKTS:PQEFF) and Rowan Companies (NYSE:RDC) are both small-cap oils/energy companies, but which is the better investment? We will contrast the two companies based on the strength of their risk, analyst recommendations, dividends, valuation, profitability, earnings and institutional ownership. Earnings…

The Trump Rollbacks On Fossil Fuel Industry Regulations Carry A Steep Cost

In this May 2016, photograph, a pump jack works off state Highway 119 near Firestone, Colo. (AP Photo/David Zalubowski, file)As the Trump administration rolls back environmental and safety rules for the energy sector, government projections show billions of dollars in savings reaped by companies will come at a steep cost: more premature deaths and illnesses from air pollution…

Lawyers hope for amendments to environmental assessment bill

The federal government’s bill to reform the environmental assessment process, Bill C-69, has reached the committee stage in the Senate, with a number of senators publicly commenting that they would like to see amendments made to the bill in the face of certain industries objecting to it. Environmental lawyers in Ontario…

UK’s Gael Force to recruit over 40 new hires at acquired firms

UK, Scotland-based aquaculture equipment supplier Gael Force Group has announced the list of new jobs available at Fusion Marine and Corpach Boatbuilding, the two firms it acquired last year.In addition, the group has announced new names for its two new companies. Fusion Marine, the Oban-based pen manufacturer that Gael…
POSH Mallard a Multi Purpose Support Vessel MPSV will be fully integrated with Unique Groups Classed Air and Saturation Dive system for subsea services

Unique Group partners POSH Subsea to offer integrated diving solution

Created: Monday, 28 January 2019 07:35 POSH Mallard, a Multi-Purpose Support Vessel (MPSV), will be fully integrated with Unique Groups classed air and saturation dive system for subsea services. (Image source: Unique Group)Unique Group, integrated subsea and offshore solution providers, has announced that it…

Palfinger Wins Deck Equipment Package

Palfinger Marine signed a contract with Turkish shipyard Cemre to supply a deck equipment package to a Havyard 832 MPV vessel being built for Esvagt. The package from Palfinger consists of cranes, winches and offshore equipment. The MPV will measure 81.9 x 17.16 m, with a  deck area of 620 sq. m., a speed of 15 knots and a bollard pull of 100 tons.

CNOOC plans new wind farm

China National Offshore Oil Corp, a leading domestic oil and gas producer, will expand its presence in the offshore wind sector this year to develop its clean energy portfolio, following its involvement in a related project in East China's Jiangsu province in January.The offshore wind sector aligns with the company's overall business…

Energy Voice | Updated: Offshore worker dies after falling into North Sea

An offshore worker has died after falling into the North Sea.A massive search and rescue operation was launched yesterday after the man – who was working in Culzean field – was reported missing at 11am yesterday.The man in question was working on the Maersk Highlander jack-up rig, operated by French oil firm Total within…

Exxon Ships Have Not Returned to Disputed Area off Guyana

Seismic research vessels hired by Exxon Mobil to explore for oil off Guyana's coast have not returned to the site of a December incident with Venezuela's navy, but they may in the future, Guyana's foreign minister said on Thursday.Guyana, with no history of oil production, has become the focus of intense interest since…

Teekay (TK) Upgraded to “Hold” at Zacks Investment Research

Zacks Investment Research upgraded shares of Teekay (NYSE:TK) from a sell rating to a hold rating in a report published on Tuesday morning. According to Zacks, “Teekay Shipping Corporation is a leading provider of international crude oil and petroleum product transportation services through the world’s largest fleet of medium size oil tankers.

Rowan Companies (RDC) and Petroteq Energy (PQEFF) Critical Review

Rowan Companies (NYSE:RDC) and Petroteq Energy (OTCMKTS:PQEFF) are both small-cap oils/energy companies, but which is the better business? We will compare the two companies based on the strength of their earnings, risk, institutional ownership, profitability, valuation, analyst recommendations and dividends. Analyst RecommendationsThis…