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Norway Faces Oil and Gas Project Delays with Crude Slump

Norway faces more delays in offshore oil and gas projects and reduced exploration next year after the value of crude slumped by a third, according to the industry regulator for western Europe’s biggest oil-producing country. The post Norway Faces Oil and Gas Project Delays with Crude Slump appeared first on gCaptain Maritime & Offshore News.

Damen to Build Five Brazil-Bound Oil Spill Response Vessels

Damen Shipyards says it has inked a contract with Monaco-based Compagnie Maritime Monégasque SAM for the construction of five Fast Oil Spill Response Vessels for work offshore Brazil. The newbuild OSRV’s [...] The post Damen to Build Five Brazil-Bound Oil Spill Response Vessels appeared first on gCaptain Maritime & Offshore News.

Oil Tankers Stream Toward China as Selloff Sparks Boom

Add oil shippers to the list of winners from this year’s collapse in crude. The post Oil Tankers Stream Toward China as Selloff Sparks Boom appeared first on gCaptain Maritime & Offshore News.

CNOOC Gas and Power Executive Under Orobe for Suspected Graft

A senior official of China National Offshore Oil Company (CNOOC) is under investigation suspected of having received bribes... The post CNOOC Gas and Power Executive Under Orobe for Suspected Graft appeared first on gCaptain Maritime & Offshore News.

SBM Offshore Shares Jump as Bribery Case Settled

SBM Offshore NV has settled a bribery case with Dutch prosecutors for $240 million, including a $40,000 fine, sending shares in the Dutch oil platform leasing firm

U.S. Shale Boom Masks Threats to World Oil Supply

“The global energy system is in danger of falling short of the hopes and expectations placed upon it” The post U.S. Shale Boom Masks Threats to World Oil Supply appeared first on gCaptain Maritime & Offshore News.

ClassNK Approves Floating Hydrogen and CO2 Storage Vessel Concept

Floating production, storage and offloading vessels, FPSOs, have been around for decades allowing operators to produce oil from an offshore field and transfer the cargo to a ship.  There’s even [...] The post ClassNK Approves Floating Hydrogen and CO2 Storage Vessel Concept appeared first on gCaptain Maritime & Offshore News.

SERS Partners IEMS for Enhanced Oil Spill Response Services

  Dubai-based Swire Emergency Response Services (SERS), a fully owned subsidiary of Swire Pacific Offshore group, announced its partnership with Mediterranean-based

An internet to level cyber-fields

Barack Obama’s proposal for an open internet would be a victory for Netflix and its binge-watching users. It may also be a bigger boon for a generation of start-ups working on tools to connect cars, thermostats and even offshore oil rigs to the web. Show More Summary

Offshore Oil and the Energy Debate

We are locked in a political debate over energy. On one side are those who wish to extract as much oil, gas, and minerals from the earth as fast as possible and convert it to profit; on the other, those who wish to sustain such resources,...Show More Summary

As Oil Prices Drop, Rigs Go Off-Line

Transocean Ltd, the owner of the world's largest offshore drilling fleet, said it was likely to retire additional rigs as the company continued to face pressure

Watch: Teekay’s Petrojarl Knarr Sailaway

Earlier this month, Teekay Corporation’s new floating production, storage and offloading unit, Petrojarl Knar, departed the Aibel Shipyard in Haugesund, Norway for the Knarr oil and gas field offshore Norway [...] The post Watch: Teekay’s Petrojarl Knarr Sailaway appeared first on gCaptain Maritime & Offshore News.

KVH Boosts Mini-VSAT Capacity in S. America

Capacity expansions address the rising satellite communications demands of the Brazilian offshore oil and gas industry, inland waterway shipping and other markets

Hitting the alarm bell

There's both raw commercial interest and significant alarm in the latest statement from Britain's offshore oil industry. Capital investment was already due to fall from record highs, but the sharp decline in the price of Brent crudeShow More Summary

Oil Imports to Louisiana Offshore Oil Port Reveal New Truth

Things are slowing down at the U.S.’s largest oil-import hub. The post Oil Imports to Louisiana Offshore Oil Port Reveal New Truth appeared first on gCaptain Maritime & Offshore News.

Ocean Roundup: California Sea Lions Eating Contaminated Mussels, Offshore Fracking Expanding in Gulf of Mexico, and More

California sea lions are said to be consuming contaminated shellfish. (Photo: phoca2004 / Flickr Creative Commons) - New research found that over half of vessels involved in the biggest oil spills over the past 30 years hail from nations that tend to not comply with international safety and environmental regulation standards. Show More Summary

Surviving the Deepwater Horizon Oil Spill

On April 20, 2009, an explosion on the Deepwater Horizon, an offshore drilling rig owned by Transocean Ltd resulted in the deaths of twenty oil workers and created a fireball that could be seen more than forty miles away. What followed was the worst oil spill in U.S. history. How have those living in affected areas been able to cope? read more

Resilience and the Deepwater Horizon Oil Spill

On April 20, 2009, an explosion on the Deepwater Horizon, an offshore drilling rig owned by Transocean Ltd resulted in the deaths of twenty oil workers and created a fireball that could be seen more than forty miles away. What followed was the worst oil spill in U.S. history. How have those living in affected areas been able to cope? read more

Offshore Drilling: Big News Out of the Gulf of Mexico

From the remnants of BP plc’s oil spill to Hess Corp’s $6 billion project, the Gulf of Mexico was at the center of the offshore drilling news this week.

Arctic Oil: Bourbon to Enter Arctic Market in 2016

Bourbon plans to enter the growing Arctic Offshore market in 2016 with a new Anchor Handling Tug Supply (AHTS) vessel built by the Vard shipyard. This AHTS (Anchor

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