Oil & Gas

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CBP does a U turn on Jones Act letter revocations MAY 10, 2017 — U.S. Customs and Border Protection has withdrawn a January 18 revocation notice that was widely welcomed by the U.S. domestic marine industry as promising to restore American jobs by withdrawing previous letters of interpretation on the Jones Act. Among those welcoming the revocation of those letters…
ULY 18, 2017 — Höegh LNG today signed a Memorandum of Understanding (MoU) with Qatari LNG transportation company Nakilat, exploring collaboration for Floating Storage and Regasification Unit (FSRU) business. An FSRU is essentially a floating…
JULY 17, 2017 — Offshore services giant Tidewater Inc. (NYSE: TDW), which filed for Chapter 11 bankruptcy protection back in May, reports that the U.S Bankruptcy Court for the District of Delaware has confirmed the…
JULY 14, 2017—The U.S. Department of the Interior is to offer 75.9 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida for oil and gas exploration and development in a region-wide lease sale scheduled for…
JULY 14, 2017 — The Bureau of Ocean Energy Management yesterday conditionally approved a Beaufort Sea exploration plan (EP) it received from Eni US Operating Co. Inc., a subsidiary of Italian multinational oil and gas…
JULY 14, 2017 — Norway's Solstad Farstad ASA has shed its first vessel since its formation last month by the merger of Deep Sea Supply, Farstad Shipping and Solstad Offshore. Wholly owned subsidiary Farstad Supply…
JULY 13, 2017 — Enterprise Products Partners L.P. (NYSE: EPD) and Navigator Holdings Ltd. (NYSE: NVGS) say they have executed a Letter of Intent to jointly develop an ethylene marine export terminal on the Houston…
JULY 13, 2017 — Frolunda, Sweden, based high resolution marine survey specialist MMT Sweden AB intends to keep growing its business. It has chartered in a new survey vessel and is investing in its second…
JULY 11, 2017 — Offshore services giant Bourbon has entered into a Memorandum of Understanding (MOU) to support Automated Ships Ltd. in commissioning the world's first unmanned and fully-automated vessel for offshore operations, Hrönn, in…
JULY 4, 2017 — Maersk Supply Service has secured a long-term contract with Subtec S.A de C.V. of Mexico, a subsidiary of Blue Marine Group, for one of its four Stingray subsea supportvessel newbuildings. The…
JULY 3, 2017 — Singapore's Keppel Shipyard Ltd (Keppel Shipyard), will soon deliver the world's first converted Floating Liquefaction Vessel (FLNGV). Owned by Golar Hilli Corporation (Golar), a subsidiary of Golar LNG Ltd., the vessel…
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