While offshore drilling continues in the Gulf of Mexico, Statoil is now eyeing recoverable oil off the coast of Newfoundland and Labrador. Read the rest of this entry »

Technip was awarded by Marathon Oil Norge AS an engineering, procurement, installation and commissioning contract, worth over €300 million.  Read the rest of this entry »

IDPOA has been contacted, by our good friend Tron Resnes, about a groundbreaking online study about DP incidents – HAVE YOUR SAY, MAKE YOUR VIEWS HEARD, SHAPE THE FUTURE! Read the rest of this entry »

Qatar Shipping SPC, a wholly owned subsidiary of Milaha (Qatar Navigation QSC), has secured a ten year US $110 million ship financing facility with QNB. Read the rest of this entry »

French offshore supply shipowner Bourbon Offshore has landed 420 million euros in new financing to help with the company’s massive newbuild program. Read the rest of this entry »

Bumi Armada in Malaysia has launched what it called its ‘Steel on Water 2’ newbuild programme, and has issued a letter of intent (LOI) for four multipurpose platform support vessels (MPSVs) to shipbuilder Nam Cheong Dockyard. Read the rest of this entry »

June 25th is a very special day, it is the day in which we celebrate in the name of seafarers and remember the sacrifices they make for us.

Today, as with every day of the year, thousands of seafarers are labouring, working hard to bring you, your family, your employer, your community and society, the things that it relies on. Whether food, oil, gas, raw materials or highly prized finished goods – seafarers are battling through nature and piracy to carry the goods which are the lifeblood of our society.

So take a few minutes today not just to think about seafarers, but to educate too. Remind your neighbours, family and friends of the of the importance of shipping and the vital role of the brave, hardy souls manning our global fleet. Tell them of this important day in which we say “thank you” to these very special people.

Seafarers make all our lives what they are today. So celebrate the good they bring, while remembering the sacrifices they make to carry that global burden.

Thank you to all seafarers, past, present and future. We vow to work hard to make your career better, we vow to do all we can to tackle piracy, to improve standards onboard and to make sure you will never be abandoned or placed in danger. In return all we ask is that you get home safe.

Happy Seafarers Day 2012 and thank you to all those who serve.

Analysts believe that offshore vessels operating along the coast of east Africa are increasingly under risk of attack by pirates. They are believed to be the latest targets for pirates, as offshore activities in the region increase with new east Africa oil and gas discoveries driving an offshore boom. Read the rest of this entry »

Statoil and its partner Sinochem recently announced their agreement to purchase the Peregrino FPSO from Maersk. Read the rest of this entry »

Kongsberg has chosen the Kongsberg Maritime facility at Lade in Trondheim, Norway as the home of its new ‘Centre for Optimum Wind Park Operation’. Read the rest of this entry »