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News & Blog
February 29, 2020
Corpus Christi, TX, USA –Phillips 66 and Trafigura Group pte. Ltd announced today that they have formed a 50/50 joint venture, Bluewater Texas Terminal LLC (“Bluewater […]
February 6, 2020
Oil output estimated at 1.2 million barrels per day by 2030, Guyana’s total annual oil revenues could approach $30 billion within 10 years and could send […]
February 6, 2020
2020 will be a peak year for floating production, storage and offloading unit (FPSO) demand with up to 14 awards forecast in Wood Mackenzie’s base case […]
February 1, 2020
The swollen number of orders felt in 2019 for floating production, storage and offloading vessels (FPSO) was, it turns out, well above the average number of […]
January 22, 2020
The six contractors that fell ill while on board the Vanguard-transported FPSO, one of them with a fatal outcome, consumed a cleaning liquid found on board […]
January 22, 2020
Dutch provider of engineered heavy lifting and transport Mammoet has completed the acquisition of UK-based counterpart ALE. The businesses will now operate as one company under the […]
January 22, 2020
The first steel has been cut for United European Car Carriers’ (UECC) new battery hybrid LNG-powered vessel. The steel cutting ceremony for the pure car truck […]
January 22, 2020
The final quarter of 2019 marked a massive decline of high-sulfur fuel oil (HSFO) sales as the industry transitioned into compliance with the IMO 2020 sulphur […]
January 22, 2020
On January 17, 2020, Freeport LNG announced the start of commercial operations for the second liquefaction train with the commencement of gas deliveries from BP under […]