Shell in Talks to Sell $1.3 Bln of Gulf Coast Assets
Royal Dutch Shell Plc is in talks to sell its assets in a Gulf of Mexico oilfield to Focus Oil to pay for its takeover of BG Group Plc, Bloomberg reported on Thursday, citing people familiar with matter.The deal could value Shell's stake in the Caesar Tonga field at about $1.3 billion, the report said.Shell has a 22.5 percent working interest in Caesar Tonga, with the rest owned by companies including Anadarko Petroleum Corp, Equinor ASA and Chevron Corp, Bloomberg said, citing company filings.S
Pemex Reaches Deal to See if Talos Find Reaches Its Block
Mexican state oil firm Pemex has reached a preliminary agreement with a consortium led by Talos Energy to evaluate whether the group's find in the Gulf of Mexico extends into a neighboring Pemex block, the companies said in a statement on Thursday.The deal, which covers territory in the shallow waters of the Gulf of Mexico, is the first of its kind for Pemex and will be in force for two years.The Talos consortiumā¦
NOSAC Meeting Highlights
Representatives from the Coast Guard, offshore oil and gas industries, recognized organizations and numerous industry associations attended the National Offshoreā¦
ESVAGT Names Taylor UK Regional Director
ESVAGT UK has appointed Ian Taylor as iUK Regional Director.Taylor brings many years of shipping experience and a considerable amount of ESVAGT knowledge to ESVAGTās UK office at Dock Gate House in the heart of Aberdeenās harbor area. As a Chartered Shipbroker, he has been handling contracts with ESVAGT for North Sea Charterers for the past decade.Having āsoldā ESVAGT to clients for years, getting onboard full time was an easy step.
Norway's Gas Exports Set to Match Annual Record
Norway's gas exports hit a new high of 36.8 billion cubic meters (bcm) this summer and the annual deliveries will be on a par with the record annual figure achieved in 2017, gas system operator Gassco said on Friday.Between May and August, which is normally a season with fewer gas exports, Norway's deliveries almost matched a normal winter level as European importers needed to refill depleted gas storagesā¦
Helm Operations Joins Volaris Group
The marine software developer looks to accelerate growth with new backing from global technology firm.Marine operations software company Helm Operations has beenā¦
Mariner Training in Brazil: Inside the Institute of Nautical Sciences
For a long time there has been a deficit of trained maritime officers in Brazil, as for decades the only accredited training institutes were run by the Brazilian Navyā¦
Trafigura Leases 35 Crude Oil and Product Tankers
Commodity trader Trafigura had leased 35 newly built crude oil and oil product tankers from an undisclosed Asian financial partner with the vessels expected to be delivered late this week and all through 2019, the company said."Until 2020, the vessels will run on regular fuel, and from then onwards, whenever allowed (some ports do not allow usage of open loop scrubber), they will burn high sulphur fuel oilā¦
Aker Solutions Wins Services Contract with Petrobras
Petrobras has awarded Aker Solutions a contract to provide maintenance and modifications services for nine platforms at oil and gas fields in the Campos Basin offshoreā¦
ABS Guidance Simplifies Yacht Plan Approval Process
ABS has published Guidance Notes on Yacht Design and released new Yacht Structure Assessment software, both geared toward streamlining and simplifying the yachtā¦
Trafigura Names First of 35 New Tankers
Singapore's commodity trading company Trafigura Group has named the first of its 35 crude oil and product tankers being built in South Korea and China.The namingā¦
Maritime and Port Authority of Singapore Holds Ferry Emergency Drill
The Maritime and Port Authority of Singapore (MPA) conducted a ferry emergency exercise to test the readiness of various agencies in responding to ferry mishapsā¦
Iskes Towage Names Damen ASD Tugs 3212 āMarsā and āMercuriusā
Two of Iskes Towageās vessels, the Damen ASD Tugs 3212 Mars and Mercurius, have been officially named at a ceremony held at IJmuiden Port, Amsterdam.The naming formedā¦
Global Ship Lease Bags New Time Charter with Maersk Line
Global Ship Lease announced a new time charter with Maersk Line for the 2004-built, 8,063 TEU containership OOCL Ningbo, which has been renamed GSL Ningbo, followingā¦
Prof. Kurt Bodewig is European Coordinator for Motorways of the Sea
The European Sea Ports Organisation congratulates Prof. Kurt Bodewig on his nomination as European Coordinator for Motorways of the Sea and is looking forward toā¦
Focus on African Ports and Hinterland Connectivity
When a ship comes into port it may be the end of a voyage, but just the beginning of a range of administrative tasks that need to be completed.The port is unlikelyā¦
Chevron, ExxonMobil, Occidental Petroleum Join Oil and Gas Climate Initiative
The Oil and Gas Climate Initiative (OGCI) announced three new member companies that together represent 5% of global oil and gas production as it welcomed Chevron Corporationā¦
WE Tech Equips Worldās First Dual-fuel Handysize Bulker
The worldās first liquefied natural gas (LNG) dual-fueled handysize bulk carrier, M/V Haaga, was delivered from Chinese shipbuilder from Jinling Shipyard in Nanjing to Finnish shipowner ESL Shipping, in August.The first-of-its-kind vessel features innovative solutions from Finnish hybrid solutions company WE Tech, including Economical Operations and Boost Mode with the direct drive permanent magnet shaft generatorā¦
Suez Canal Revenues Jump in August
Egyptās Suez Canal revenues rose to $502.2 million in August up 6.7 percent from the same period last year, the cabinet said in a statement on Wednesday.The canal is the fastest shipping route between Europe and Asia and one of the governmentās main sources of foreign currency.(Reporting by Yusri Mohamed, writing Amina Ismail; Editing by Toby Chopra)
Norwegian Marine Tech: In the Driverās Seat
Earlier this summer Maritime Reporter & Engineering News ventured to Ålesund/Sunnmøre area of western Norway visiting local manufacturers and suppliers serving the global maritime industry and featuring a series of business and technology presentations by leading sector companies including Inmarsat, VARD Group, Ulstein Group, Brunvoll, Ulmatec, Jets, ABB Marine & Ports, Fostech AS and Rolls-Royce Marine.
