The first-in-the-nation offshore wind training facility will be located at the Massachusetts Maritime Academy.In late October, with much fanfare, Massachusetts Governor Charlie Baker, Stephen Pike, CEO of the Massachusetts Clean Energy Center and many others joined officials from the Massachusetts Maritime Academy (MMA) to launch the first-in-the-nation offshore wind crew transfer training
The “new normal” is a phrase tossed around often in offshore energy circles today as those servicing and operating in the sector grapple with the harsh realities of the prolonged industry downturn. Operators, service companies and equipment suppliers have been forced to adjust to oil selling at prices well below the $100+ per barrel mark seen in years past.
New marine fuel rules to boost diesel prices for at least a year -analystsGlobal prices for diesel and marine fuels should rise by October ahead of a January switchover to new, very low-sulfur marine fuels, and remain higher for at least a year as refiners shift production to make more of the new fuels, analysts said.Marine fuels containing no more than 0.5% sulfur by weight, down from the 3.
ABS, a classification services provider to the marine and offshore industries, will provide classification for a series of "highly innovative Self-Elevating Drilling Units (SEDU)" for Silver Eagle Global.Silver Eagle, of Manama, Bahrain, says the self-propelled design is capable of working at greater water depths and in harsh environments.
Baker-Polito Administration Celebrates the First-in-the-Nation Offshore Wind Training Facility Located at Massachusetts Maritime Academy. MMA steps out in front to train the professionals who will make the coming wave of domestic offshore wind.Today, Governor Charlie Baker, Lt. Governor Karyn Polito, Secretary of Energy and Environmental Affairs Kathleen Theoharides, and Stephen Pike
U.S. energy firms this week reduced the number of oil rigs operating for a seventh week in a row as producers follow through on plans to cut spending on new drilling this year.Drillers cut 3 oil rigs in the week to Oct. 4, bringing the total count down to 710, the lowest since May 2017, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
Two of Svitzer’s senior UK-based executives will take up leading roles to support the voice of the British towage sector, the company announced. Scott Baker, Svitzer’s Head of Marine Standards, becomes Chairman of the British Tugowners Association (BTA), taking over from outgoing Chair Nick Dorman. Meanwhile, Ita Dickson, Cluster Managing Director of UK North, joins the BTA’s Executive Committee.
Traffic in Egypt's Suez Canal has so far been unaffected by the spread of the coronavirus, the chief of its authority said on Wednesday, citing a 4.6% increase year-on-year in the number of ships passing through.The canal is the fastest shipping route between Europe and Asia and one of the Egyptian government's main sources of foreign currency.
Cambridge-based data visualization company GeoSpock is collaborating with the Baltic Exchange to build the world’s most advanced maritime spatial database."This digital initiative will have a specific focus on shipping emissions, enabling members and the wider maritime market to have unrivaled access to data insights and visualizations," said Baltic Exchange
ShipMoney announced that Debra Searle has been engaged as its keynote speaker at London International Shipping Week as part of promoting the theme “Empowering Women in the Maritime Community”.As the youngest woman to row SOLO across the Atlantic Ocean, Debra has an amazing story to tell of 30 foot waves, killer sharks and very near misses with cargo ships.
The global oilfield communication market is expected to grow with a CAGR of 8% over the forecast period 2019-2024, said a study.With the growing adoption of cloud-based services, oil companies are compelled to use oil field communication, said a report from ResearchAndMarkets. This keeps their offshore sites connected with the inshore site about production stats
US project management services provider Bechtel has won the engineering, procurement, and construction (EPC) contracts totaling $9.565 billion for the LNG export project developer NextDecade-led Rio Grande liquefied natural gas (LNG) project in the US.The fully wrapped lump-sum turnkey (LSTK) EPC contracts include cost, schedule, and performance guarantees, NextDecade said in its statement.