Offshore Energy News

Death Toll From Michael Rises to at Least 11

The death toll from Hurricane Michael has risen to at least 11 people in four states after the storms two-day rampage from Florida to Virginia.The Virginia Department of Emergency Management confirmed early Friday that Michael, which was a tropical storm as it plowed through that state, has killed five people there. The storm also killed four people in Florida…

Energy Companies Merger to Create Worlds Largest Offshore Drilling Fleet

A Raymond James report described the expected synergies of this proposed transaction. In an Oct. 9 research note, analyst Praveen Narra reported that Ensco Plc (NYSE:ESV) and Rowan Companies Plc (RDC:NYSE) agreed to merge "in an all-stock transaction that will result in the largest offshore drilling rig fleet." Narra added that "despite a lack of premium to either party…

Sause Bros. Announces Construction Now Underway on New Barge for Hawaii Service

The Columbia will join our latest barge Kamakani, said Jeff Browning, General Manager for Columbia River Service of Sause Bros. With two modern barges, we will now be able to provide sailings twice a month between the Northwest and Hawaii.In addition to the Columbia, Sause Bros. is also in the process of rebuilding its tug fleet.

Sci-Fi Worlds or Reality? Travel Tips for an Alternative Universe

“Star Trek.” “Inception.” “The Matrix.” Even “Buffy the Vampire Slayer” leveraged the idea of an alternative universe to create compelling stories. Are these alternate (or parallel) universes nothing more than sci-fi worlds, or are they grounded in scientific reality? If so, could inter-universal travel agencies ever emerge…

Post-Brexit trade deals unlikely to help UK economy much - OBR

LONDON (Reuters) - Britain’s plan to strike trade deals around the world, a key plank of the government’s strategy for life outside the European Union, is unlikely to help the economy much, the country’s official budget forecaster said on Thursday. The Maersk Line container ship Maersk Sentosa is helped by tugs as it navigates the River Mersey in Liverpool, Britain, July 31, 2018.

HHI to Build FPS for LLOG Exploration

South Korean shipbuilder Hyundai Heavy Industries (HHI) has been awarded a contract to build a floating production system(FPS) for LLOG Exploration of the U.S..HHI, the world's biggest shipbuilder by orders, said in a stock exchange announcement that the offshore facility order is worth $454 million from the Louisiana-based…

Tullow Hires Subsea 7 for Offshore Ghana

Subsea 7 S.A. announced the award of a contract by Tullow Ghana Limited on the Jubilee field, offshore Ghana, in water depths of up to 1000 meters.According to a press release from the London-headquartered subsea engineering company, the engineering, procurement, construction and installation (EPCI) contract is awarded…

Minesto Generates Deep Green Tidal Power

Marine energy developer Minesto has achieved initial electricity generation with its first commercial-scale marine energy kite during the commissioning program of the company’s ground-breaking low-flow tidal energy project in Wales.“We are entering a new era of renewable energy generation and Minesto is at the forefront,” said Minesto’s CEO Dr Martin Edlund.

12 constitutional amendments on Florida ballot in November

Floridians have bypassed their elected lawmakers more than dozens of times in the past half-century  last decade, using a vote of the people to legalize medical marijuana, limited state lawmakers to eight years in office, set limits on the property tax increases, make English the official language of Florida, required turtle escapes from commercial fishing nets…

Red tide: Hurricane Michael could have major impact on Florida's toxic algae

Toxic algae known as red tide has been wreaking havoc on Florida's Gulf Coast for months and has now spread to the state's Atlantic beaches. As Hurricane Michael approaches, experts say the storm could have an impact on red tide, and not necessarily in a good way."There are two possibilities," Dr. David Hastings, a professor of Marine Science and Chemistry at Eckerd College…

Mermaid Maritime Scores Middle East Subsea Contract

Thailand-based offshore vessel provider Mermaid Maritime has picked up a sub-sea services contract in the Middle East, the company said in a stock exchange announcement.Mermaid said that the contract, which was awarded to the company’s Middle East business unit by an un-named company from a GCC country, has an initial contract value of $17 million.The contract duration is for 180 days…

On This Day, Oct. 7: Terrorists hijack Italian cruise ship

Oct. 7 (UPI) -- On this date in history:In 1913, for the first time, Henry Ford's entire Highland Park automobile factory was run on a continuously moving assembly line.In 1916, Georgia Tech defeats Cumberland University 222-0 in the most lopsided college football game in American history.In 1949, less than five months after Britain…

I’m not going to give the public a pound of flesh – ProFootballTalk

Getty ImagesGiants head coach Pat Shurmur talked about a few topics from Sunday’s 33-31 loss to the Panthers to open his press conference on Sunday before he was asked his first question about wide receiver Odell Beckham‘s interview with Josina Anderson of ESPN.Beckham said, among other things, that he didn’t know if Eli…

Floating Production Storage and Offloading Market Key vendor analysis,  Geographical segmentation, s

The Floating Production Storage and Offloading Market report offers immense growth opportunities across developing as well as developed economies. The research report intends to provide factors influencing the Floating Production Storage and Offloading Market and gain all possible information with respect to market. The…

Why Seadrill Ltd. Stock Rocketed More Than 27% in September

Matthew DiLallo, The Motley Fool,What happenedShares of Seadrill Ltd. (NYSE: SDRL) took off in September, ending the month 27.3% higher, according to data provided by S&P Global Market Intelligence. Driving the buying spree was the word that the company plans to be active in the mergers and acquisitions market and news…

Nauru orders MSF to stop work among asylum seekers

Nauru has come under fire over the treatment of asylum-seekers (AFP Photo/Mike LEYRAL)MoreNauru's government has ordered Medecins Sans Frontieres (MSF) to cease its work on the tiny Pacific island treating asylum-seekers and locals suffering from mental health problems, the medical charity said.The country has come under fire over the treatment of asylum-seekers…

Duluth City Council asked to approve $3 million port project

The facility, which shuttles large steel shipping containers back and forth between trucks and trains, opened in late March of 2017, and it's already in need of more capacity. Beardsley said he anticipated the terminal likely would need to expand in a couple more years. However, shippers have shown such intense interest in using the facility…

Two Big Destiny 2 Updates Coming This Month Alongside Festival Of The Lost

A number of changes--along with a seasonal event--are on the way to Destiny 2 in the coming weeks. Bungie has announced preliminary details about two updates that are set to launch before the end of October, as well as the start date for Festival of the Lost.The annual Halloween event starts on October 16. We don't know…

India signs $5 billion deal for Russian air defense systems

India signed a $5 billion deal to buy five Russian S-400 air defense systems on Friday despite a looming threat of U.S. sanctions on countries that trade with Russia's defense and intelligence sectors. The deal was signed in New Delhi during a visit by Russian President Vladimir Putin, who met with Indian Prime Minister Narendra Modi to discuss nuclear energy, space exploration and trade.
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Navy to christen guided-missile destroyer Frank E. Petersen Jr.

The Navy will christen the newest guided-missile destroyer, the future USS Frank E. Petersen Jr. (DDG 121), Oct. 6, during a 10 a.m., CDT, ceremony at Huntington Ingalls Industries shipyard in Pascagoula, Miss. The future USS Frank E. Petersen Jr. is the first ship named in honor of Marine Corps Lt. Gen. Frank E. Petersen Jr.…