Oil major BP has informed that its Argos oil platform, built by Samsung Heavy Industry, has set sail from South Korea and is en route to Texas.The platform, which will be capable of producing up to 140,000 gross barrels of crude oil per day from up to 14 production wells, will be deployed in the U.S. Gulf of Mexico as part of the Mad Dog 2 development.
BP's giant Argos offshore platform, to be used for the Mad Dog 2 development in the Gulf of Mexico, was this week loaded on Boskalis' BOKA Vanguard vessel in South Korea and is preparing set sail for the U.S.According to Boskalis, the Dutch marine services contractor, the giant Argos floating production unit weighing nearly 70
Joe Biden could erase much of President Donald Trump’s four-year legacy of energy and climate deregulation with the stroke of his pen, according to regulatory experts, but replacing it with something new and durable may prove trickier.Trump’s rollbacks are on shaky ground because most were done not through Congressional lawmaking but via presidential executive orders that can be easily torn up
Japanese shipping company NYK Line and shipbuilder Japan Marine United Corporation (JMU) say they plan to introduce a new shipbuilding contract that guarantees propulsion performance in actual sea conditions, factoring in heavy sea states encountered by vessels at sea.Typically, shipbuilding contracts guarantee ship speed based on horsepower in calm sea conditions, without waves.
A Nigerian court made the first convictions under a new anti-piracy law, giving hope to the world's shipping fleets that legal reforms will help stem rising attacks in the Gulf of Guinea.The three men fined by the court in Port Harcourt, Nigeria's oil hub, on Tuesday were among nine accused of hijacking the tanker MV Elobey VI off Equatorial Guinea in March and securing a $200
Sea Cloud Cruises' third tall ship, Sea Cloud Spirit, is taking shape in Vigo, Spain. Interior outfitting is underway as specialists from the Polish shipbuilding company Chorén have erected the approximately 54-meter-high aft mast for the 138-meter-long, three-masted sailing ship due to enter service later this year.
Autonomous vessel technology developer Sea Machines Robotics announced Wednesday it has closed a new $15 million financing round with significant participation by America's largest military shipbuilder Huntington Ingalls Industries (HII).The Boston-based tech company said it expects the investment and associated partnership with HII will accelerate the deployment of self-piloting technologies
Delivery of the world's largest cruise ship Wonder of the Seas has been delayed due to coronavirus impacts at the Chantiers de l’Atlantique shipyard in Saint-Nazaire, France. The shipyard delays mean Royal Caribbean's new record-breaking cruise ship will not enter service from Shanghai in spring 2021 as planned
An Australian man allegedly trying to flee the country was found hiding in the air-conditioning vent of a bulk carrier following an interesting string of events.While headed for Newcastle on Saturday morning, the Turkish-flagged bulk carrier Ulusoy 11 diverted to aid a yacht that had encountered trouble in the waters off Yamba, on Australia's east coast.
BP Plc began turning off production at three platforms in the northern Gulf of Mexico and evacuating workers because of the threat from Tropical Storm Cristobal, forecast to make landfall in Louisiana over the weekend, the company said.Norwegian state-oil company Equinor ASA began evacuating non-essential workers on Wednesday and plans to shut production on Friday at its Titan oil platform if
SINGAPORE, March 24 -- From banks of screens and giant phones in the office, energy traders worldwide are adapting to a laptop in the bedroom -- and it's going surprisingly well.Working from home has become the new norm in the oil trading hubs of Singapore, London and New York as governments encourage physical distancing to curb the spread of coronavirus.
“Freedom” – the absence of subjection to foreign domination or despotic governmentIt has been decades since international relations in the world order dictated true competition for sea control, sea lines of communication, access to world markets, and diplomatic partnerships. However, it is becoming increasingly alarming that nations such as Iran