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New rig design selected for ARO Drilling’s newbuild program

International Maritime Industries (IMI) and Saudi Aramco Rowan Offshore Drilling Company (ARO Drilling) have selected a new LJ43 rig design for ARO Drilling’s newbuild program. IMI is a joint venture between Saudi Aramco, Lamprell, Bahr...

15/03/2018 Read

High costs expected after Maersk Honam fire

Shipping giant Maersk Line confirmed that the berthing and discharging operations of the fire-stricken Maersk Honam would result in high extraordinary costs. The company has therefore decided to declare General Average, according to a notice...

15/03/2018 Read

U.K.’s Russian spy scandal spills into LNG market

By Jessica Shankleman, Anna Shiryaevskaya and Elena Mazneva (Bloomberg) — The spy poisoning scandal in the U.K. is spilling into energy. Prime Minister Theresa May responded to a chemical weapon attack against a former spy on British soil wi...

15/03/2018 Read

W&T Offshore to drill up to 14 projects in Gulf of Mexico

Houston-based W&T Offshore has entered into joint exploration and development agreements with a group of investors to drill up to 14 specified projects in the Gulf of Mexico over the next three plus years.  Announcing the deal on Mon...

14/03/2018 Read

BLUE PILOT to put the Hammer down

The Carbon Trust has launched BLUE PILOT, a large-scale demonstration project aimed at reducing costs and underwater noise during construction of offshore wind farms as part of the Offshore Wind Accelerator (OWA). The BLUE PILOT project will depl...

14/03/2018 Read

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