Oil & Gas

FEBRUARY 29, 2016—As we reported on February 25, the 160,000 m3 Asia Vision left Sabine Pass in Texas loaded with U.S.-produced LNG destined for Petrobras in Brazil. Craig Jallal, Senior Data Editor, VesselsValue.com, the ship…
FEBRUARY 25, 2016—The Marshall Islands-flag 37,000-dwt asphalt carrier Asphalt Splendor is the latest addition to U.S.-based Sargeant Marine’s fleet. Built and delivered by Chinese shipyard Avic Dingheng, the Asphalt Splendor is one of a series…
FEBRUARY 25, 2016 — Waller Marine, Inc., (WMI), Houston, TX, has been contracted by Vires Energy Corporation of the Philippines to produce the Front End Engineering Design (FEED) of a nominal 400 MW Floating Power…
FEBRUARY 25, 2016—In an historic voyage for the export of U.S.-produced Liquefied Natural Gas (LNG), the Asia Vision left the Sabine Pass Terminal in Louisiana on February 24 loaded with 160,000 m3 of Liquefied Natural…
FEBRUARY 24, 2016 — Responding to a press report, Island Offshore Shipholding L.P., in an Oslo Stock Exchange announcement today confirmed "that agreement in principle on the terms of a proposed restructuring has been reached…
FEBRUARY 22, 2016 — McDermott International, Inc. (NYSE:MDR) says that the first work for its new flagship derrick lay vessel, the DLV 2000, will be on the INPEX Ichthys LNG Project offshore Western Australia. The…
FEBRUARY 18, 2016 — ABB is to supply the power, propulsion and energy storage solution for what it describes only as "two of the most innovative vessels operating in the offshore oil and gas sector."…
FEBRUARY 18, 2016 — McDermott International, Inc. (NYSE:MDR) plans to name its new flagship derrick lay vessel, the DLV 2000, in a ceremony at Keppel's Singmarine Shipyard in Singapore on Thursday, April 14, 2016. The…
FEBRUARY 15, 2016 — Norwegian operator Oceanteam reports that it has reached an out of court settlement over an intellectual property infringement case that it filed against ship design specialist Sawicon AS in 2011 in…
FEBRUARY 15, 2016 — Singapore based Sembcorp Marine posted a 2015 net loss of Singapore $290 million (US $207.3 million) on revenues of Singapore $4.97 billion, down 15% from FY 2014’s Singapore $5.83 billion. The…
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