Oil & Gas

JULY 26, 2017 — MacGregor, part of Cargotec, has signed an order for on-vessel equipment, product fabrication, engineering and project management for a complete mooring and riser system that will serve the Moheshkhali floating liquefied…
JULY 26, 2017 — Despite falling freight rates for floating storage regasification units (FSRUs), investment returns at current asset prices and charter rates are higher compared with standard LNG vessels, according to the latest edition…
JULY 24, 2017 — The Port of Corpus Christi, Texas, has approved a long-term lease agreement with Maverick Terminals Corpus LLC, a subsidiary of Howard Energy Partners. The 30-year lease agreement covers approximately 41 acres…
JULY 21, 2017 — Oslo-listed Subsea 7 S.A. reports that the award of contract extensions for three Pipelay Support Vessels (PLSVs) currently on long-term day-rate contracts offshore Brazil. These extensions have a combined value of…
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…
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