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USA

Bygger amerikas største konteinerskip, men går snart tom for jobb

I andre kvartal hadde Philly Shipyard (tidligere Aker Philadelphia Shipyard) inntekter på 40,4 millioner dollar, og utgifter på 40,2 millioner dollar.Det ga et driftsoverskudd før avskrivininger på 200.000 dollar.Etter avskrivninger og finansutgifter hadde verftet et resultat før skatt på minus 1,9 millioner dollar, og…

Mt. Providence subsea well online

Talos Energy Inc. has announced that the Mt. Providence subsea well, located in the Mississippi Canyon Block 028, began producing on 10 July, approximately 60 days ahead of the originally scheduled completion date in early September.Current gross production is 3850 boe/d, which is near the top of the previously announced guidance range of 2000 – 4000 boe/d.The Mt.

Why BAE Systems doesnt want a real cockpit in its Tempest

The big news of Farnborough 2018 was the unveiling of the British Tempest fighter concept. FARNBOROUGH, England BAE System surprise presentation of a full-scale model for its Tempest fighter concept caught the Farnborough International Airshow by storm, but one feature of the design especially stood out the cockpit. Thats not normally the part of a plane on which people would focus…

Here’s what happens when startups go wrong

When things start going south at a startup, no one wants to talk about it. The stream of self-congratulatory press releases and social media messages dries up, and executives suddenly stop replying to interview requests. Laid-off employees have typically been asked to sign nondisparagement agreements, so they clam up, too.

Kurt Bollinger honored as Cattleman of the Year

The San Luis Obispo County Cattlemens Association honors this week a longtime and very active member of its Board of Directors, who is always giving back to his community and constantly striving to improve his outstanding herd of cows. Kurt Bollinger, the 2018 Cattleman of the Year, was born and raised in Paso Robles.He…

Europe

Proservs newly opened centre of excellence welcomes Oil and Gas UK boss

Proserv, an energy services company, today welcomed Deirdre Michie, CEO of Oil and Gas UK, to its newly opened Centre of Excellence - Artemis House - in Great Yarmouth.The visit marked Deirdre’s first time at the 65 000 ft2 facility since its official opening in May this year, as well as the official launch of Share Fair…

Ghana is best destination for bunkering activities Energy Minister

He said Ghana was considered around the world to be one of the best countries to conduct bunkering activities in West Africa.Follow @GraphicghAccording to him, this position has even been further strengthened following the construction of a 13.5 million litre marine gas oil storage facility at the Takoradi port and the…

2018 Advancements in Marine Propulsion Technologies : Technology Advancements Proliferating Sustaina

DUBLIN, July 16, 2018 /PRNewswire/ --The "Advancements in Marine Propulsion Technologies" report has been added to ResearchAndMarkets.com's offering. The global shipping industry alone emits approximately 1000 million tones of (CO2) annually according to the International Maritime Organization (IMO) and the European Commission.

Energy Earnings: Company Guidance Matters More Than Ever

Plenty of investors know the script when it comes to a cyclical recovery in energy: First U.S. onshore stocks rise, followed by international land companies, with offshore bringing up the rear. However, as Bernstein's Colin Davies writes, this time around the familiar routine has been upended, with offshore shares rising…

Russia is a serial underachiever when it comes to tourism will the World Cup change that?

Are we about to witness a new dawn for Russian tourism? - This content is subject to copyright.MoreIt would take Russia well over a year to welcome to its shores the same number of British visitors Spain gets in a single week.The worlds largest country by area - nearly twice the size of its closest rival, Canada - severely underperforms when it comes to tourism.

Asia

Offshore Texas Oil Terminal Could Load Asia-, Europe-bound VLCCs  | Rigzone

by  Matthew V. Veazey|Rigzone Staff|Tuesday, July 17, 2018TweetOne VLCC can hold the equivalent of nearly one-fifth of daily US oil production.Enterprise Products Partners L.P. (EPD) on Tuesday unveiled plans to develop an offshore crude oil export terminal approximately 80 miles off the Texas Gulf Coast.“On the heels of our second successful loading of a VLCC at the Texas City terminal…

Google Takes Transatlantic Cable for Solo Swim

Eventually living with roommates stops working for you. That time has come for Google. We're not talking about an apartment here, of course; instead, we're talking about a transatlantic cable connecting Virginia Beach in the US to the French Atlantic coast. Google's Dunant cable is planned to go live in late 2020, Google said in a blog post announcing the cable Tuesday.

Congo Terminal Strikes Licensing Deal With Navis for N4 Implementation, Delivering Sophisticated and

OAKLAND, Calif.--(BUSINESS WIRE)--Jul 17, 2018--Navis, a part of Cargotec Corporation and provider of operational technologies and services that unlock greater performance and efficiency for the worlds leading organizations across the shipping supply chain, today announced that Congo Terminal has signed a licensing deal to implement Navis flagship N4 TOS.

Vishay Intertechnology, Inc. (VSH) Analysts See $0.47 EPS; Gulf Island Fabrication (GIFI) Sentiment

July 15, 2018 - By Ricky CaveGulf Island Fabrication Inc (GIFI) investors sentiment decreased to 0.94 in 2018 Q1. It’s down -0.12, from 1.06 in 2017Q4. The ratio dropped, as 31 institutional investors started new and increased stock positions, while 33 decreased and sold their stakes in Gulf Island Fabrication Inc. The institutional investors in our database now have: 9.48 million shares…

Energy Voice | Maersk Supply completes epic semi-submersible tow

Marine solutions firm Maersk Supply Service has announced the completion of a semi-submersible tow from Las Palmas to North-Western Australia.After reaching Cape Town, the Maersk Master and the rig then rounded the Cape of Good Hope for a final port call in Port Louis, Mauritius before crossing the Indian Ocean to join…