Last month Maritime Reporter & Engineering News was invited to join Admiral Karl Schultz, the Commandant of the United States Coast Guard, on a trek to New Orleans for an underway tour on board a mid-stream transfer operation in the Mississippi River. As the U.S. inland waterway system has endured historic water levels for more than six months
Employment of Indian seafarers on Indian and foreign ships witnessed a growth of 45 percent in the last three years.The Minister of State for Shipping Mansukh Mandaviya informed the Parliament that the number has increased from 143940 in 2016 to 208799 globally in 2018.The Minister informed that the Government has taken several initiatives and policy decisions to help increase the share of
Deep in the blue waters of Key West, Honest Eco’s founding captain, Billy Litmer, said its dolphin watching tours help their guests “understand and interact with wildlife from a curious yet courteous proximity.”In creating his eco touring company, Litmer invested in everything he needed to guarantee an unforgettable experience for his guests--knowledge, custom boats, and quality gear.
AMETEK Land, a provider of combustion efficiency and environmental pollutant emissions monitoring instrumentation, has launched two new continuous emission monitoring systems (PM-CEMS) to provide accurate and reliable measurement of particulate matter from industrial combustion processes in stacks and ducts.
Only four, out of the financial performance of 40 dedicated US shale oil firms under study, reported a positive cash flow balance in the first quarter of 2019, bringing down the share of companies with a positive cash flow balance from the recent norm of around 20% to just 10%.Nine in ten US shale oil companies are burning cash, according to Rystad Energy.
The new median estimate for nationwide fracking activity in December 2018 suggests 36 frac jobs per day, said a research.The energy research and business intelligence company Rystad Energy revealed in a study that 25% contraction in fracking activity between the peak in May-August 2018 and the end of the last year.
Brazos Pilot Association President Captain Billy Burns said its newest boat, Brazos Pilot, is a vessel tailored to fit the job and provide the pilot association with performance dependability and the safety systems integration to fulfill their maritime mission.The 64 x 19-ft. Defiant-class mono-hull pilot boat arrived two weeks ago and will be christened at a ceremony on Jan. 31.
The global oil and gas industry can save as much as $100 billion through automation and digitalization in the 2020s, energy research firm Rystad Energy said."As much as $100 billion can be eliminated from E&P upstream budgets through automation and digitalization initiatives in the 2020s.
The increased output from the Permian Basin, located in West Texas and Southeastern New Mexico, has been the biggest contributor to the growth of super majors.A handful of industry insiders have recently speculated that the Permian may be on its way out, noting that well productivity in the Permian is declining. In fact, the truth is quite the opposite, said Rystad Energy.
Oilfield services companies are in bullish mode. They are now able to raise prices for their products and services, after several years of gloom.“Oil and gas investments are on the rise, and so too is the pricing power of service companies. After losing pricing power in 2015 and 2016, oilfield service companies have since regained some of the lost ground