Oil Rig News

Equip Naval Officers with creative solutions to deal with maritime challenges Akufo-Addo

President Akuffo Addo has called for the solutions to some security challenges faced by members of the maritime industry on the Gulf of Guinea.He listed armed robbery, oil burglary, among other transnational crimes which according to him, not only threatens peace of the nation but also comes with a great cost to the economy…

Equinor Gets Clearance to Drill Barents Sea

Norwegian energy giant Equinor has received approval to drill a wildcat well in the production license 960, in the Barents Sea, off Norway.Equinor will use Seadrill's 2008-built West Hercules semi-submersible drilling rig to drill the offshore well 7018/5-1 at the Spissa prospect.Equinor operates the production license with a 40 percent stake.

Curaçao is preparing for oil spill

WILLEMSTAD - The oil tanker FSO Nabarima is an increasing threat to Curaçao. Curaçao's Risk Management and Disaster Response organization is preparing for the worst if the ship capsizes, says director Lesley Fer.The oil tanker is located in the Gulf of Paria west of Trinidad and Tobago and is now tilting 25 degrees. The engine room filled with water in late August…

Eurobites: Portugal's Vodafone and NOS seal network-sharing pact

Portuguese mobile operators Vodafone and NOS sealed a network-sharing agreement aimed at slashing costs while they roll out higher-speed technologies. The tie-up entails the sharing of basestation equipment in rural and less densely populated areas, but only the supporting site infrastructure in urban areas. Mrio Vaz, Vodafone Portugal's CEO…

IMX Panel Looks At Subchapter M Lessons Learned - The Waterways Journal

A team of regulatory experts from across the maritime industry gathered for the virtual Inland Marine Expo 2020 to discuss lessons learned over the first two years of Subchapter M. Caitlyn Stewart, senior director of regulatory affairs for The American Waterways Operators (AWO) moderated the panel, which included Mary McCarthy…

Oil Down On Demand Worries - Despite More Evidence That Demand Is Recovering

Meanwhile, Libyan output and U.S. The one-two punch of Covid infection concerns and rising crude supply from Libya once again compelled traders to send oil prices downward on Friday, with both contracts on track for a weekly loss - the first in two weeks. Adding to their fears was Baker Hughes data showing that U.S. energy companies added five oil rigs to 287, the highest hike since May.

Environmental Groups Seeks Adequate Wildlife Protection In Gulf Of Mexico - Lawsuit

WASHINGTON (UrduPoint News / Sputnik - 22nd October, 2020) Four environmental groups have filed a lawsuit against the National Marine Fisheries Service accusing the Federal agency of failing to comply with the Endangered Species Act (ESA) by inadequately assessing the environmental harm of the offshore oilindustry in the Gulf of Mexico…

Damaged Venezuelan oil tanker poses minimal spill risk: Officials | Venezuela

A damaged Venezuelan oil tanker recently tilting to one side in the Caribbean after taking on water poses no significant risk of spilling and causing an environmental catastrophe, officials of Trinidad and Tobago said Thursday.Minister of Energy and Energy Industries Franklin Khan said a team of experts from his country…

Well Completion Equipment And Services Market 2020 Global Industry Size, Detail Analysis for Busines

“Global Well Completion Equipment And Services Market report spotlights major statistics of the current industry state and is a beneficial source of developments and opportunities for individuals and firms interested in the Well Completion Equipment And Services industry. The report primarily concentrate on the Well Completion Equipment And Services market growth in productivity…

Mobile Offshore Drilling Units(Modu) Market 2020 By Business Opportunity, Innovations, Applications,

Global Mobile Offshore Drilling Units(Modu) Market Forecast to 2027The latest report titled Global Mobile Offshore Drilling Units(Modu) Market, published by Market Expertz, provides the reader with a comprehensive view of the global Mobile Offshore Drilling Units(Modu) industry, acquainting them with the latest market trends, industry insights, and market share.

Boosting IGR; A necessity for states to avoid total dependence on FAAC allocations

The past five to seven days in Nigeria have been nothing short of fictional for the Nigerian people.One would be hard-pressed to describe the events without seeming to take sides with either part of the standoff as emotions, euphoria and sometimes, unfounded principles have seemed to become the order of the day. Logic,…

Allbirds new apparel line | CNN Underscored

(CNN) —  Allbirds, the sneaker brand much-loved for their comfy knit kicks made from wool and recycled materials, is branching out into clothing. Launching today, the new collection of clothing is small but mighty: Four well-designed non-gendered basics including a T-shirt, sweater, cardigan and puffer carry on Allbirds minimalist aesthetic (the companys design philosophy…

Tanker With 1.3M Barrels Of Oil In Danger Of Sinking Off Trinidad

(news784.com) – With pictures taken yesterday showing the oil tanker tilting in the water, Venezuela has agreed to Governments request to do an official inspection of the vessel on Tuesday.And the US Embassy, which is supporting moves to have the vessel brought up to standard, has assured its sanctions against Venezuela…

Tanker Market Fundamantals Could Turn Positive As Supply Is Down on Most Classes

Tanker supply is edging near a 5-year low in many segments of the market. This development could bring positive news for tanker owners in the mid-term, which could also help make a case for more investment both in the S&P, but also in the newbuilding market in the coming months.In its latest weekly report, shipbroker Intermodal…

Keppel Corp. Swung to Second-Quarter Loss on Impairments

Keppel Corp. swung to a loss in the second quarter due primarily to impairments and weaker performance in its offshore-and-marine business. The Singapore-based conglomerate said Thursday that it posted a loss of 697.6 million Singapore dollars (US$507.8 million) in the quarter versus profit of S$153.4 million a year ago.

Enhanced Fire Protection Systems Market 2020 By Growth Projection, Strategic Assessment, Leading Pla

“A new Global Enhanced Fire Protection Systems Market research report is an in-depth study of the industry including essential frameworks. Global Enhanced Fire Protection Systems market report highlights market revenue, share, growth and Enhanced Fire Protection Systems market size. Also accentuate Enhanced Fire Protection Systems industry contribution, product image, and provision.

Boeing Camouflaged This Factory From Japanese PilotsBy Building a Fake Town On the Roof

When I was a young boy in Seattle, my father told me about a fake town that had been built on top of Boeings Plant 2 during the war. This naturally fired my imagination. What an ingenious way, I thought, to fool the enemy bombers that might being coming over the Emerald City to wreak havoc.He told me about it with exaggerated…

Thordon Webinar Success Opens Door To Mexico's Tuna Fishing Vessel Market

A series of well-attended webinar conferences broadcast during the first Covid lockdown has resulted in Thordon Bearings securing a contract from a Mexican fishing vessel operator.Thordons SXL rudder bearings were installed on the 1174gt Grupomar-operated fishing vessel María Luisa at the Mexican Navy Dry Dock in Manzanillo…