More Oil Tanker News

Indonesian firms need $6.5 billion for tanker fleet

Apr 28, 2009 Indonesian shipping firms, eyeing favorable new legislation, need $6.5 billion to purchase 127 ships to replace foreign-flagged tankers currently carrying oil and gas in that country's waters.

Panama Canal expansion could facilitate oil flows to Asia

Apr 23, 2009 A $5.25 billion expansion of the Panama Canal could increase shipment of South American crude to Asia, especially as Venezuela has agreements with Japan and China to boost exports to the region.

CNOOC to decommission Lufeng field in S. China Sea

Apr 23, 2009 Chinese National Offshore Oil Co. (CNOOC) will be responsible for decommissioning Lufeng oil field 250 km southeast of Hong Kong in the South China Sea.

Crude oil port partners leave joint venture

Apr 22, 2009 A partnership to build a large offshore crude oil receiving terminal in the US Gulf of Mexico has dissolved.

Kazakhstan orders oil tankers from Russian shipyard

Apr 22, 2009 Russia's Krasnoye Sormovo Shipyard will construct three 13,000-dwt crude tankers for Kazakhstan's KazMorTransFlot shipping company, all to be delivered to the Caspian Sea port of Aktau in 2009-10.

AGA Gas awards LNG terminal construction contract

Apr 21, 2009 AGA Gas AB plans to import LNG through a small scale terminal 55 km south of Stockholm by May 2011, a company spokesman told OGJ.

Pipeline work to raise Heidrun gas capacity

Apr 3, 2009 StatoilHydro ASA has awarded Aker Offshore Partner AS a 390-kroner ($59.5 million) contract for facilitating increased gas capacity of Heidrun field in the Norwegian Sea.

Abu Dhabi's IPIC raises stake in CEPSA

Apr 3, 2009 Abu Dhabi's state-owned investment firm International Petroleum Investment Co. (IPIC) will pay €3.3 billion ($4.4 billion) to increase its share in Cia. Espanola de Petroleos SA (Cepsa).

Lautenberg's bill would extend double-hulls to non-tank vessels

Mar 27, 2009 Marking the 20th anniversary of the Exxon Valdez crude oil spill on Mar. 24, US Sen. Frank R. Lautenberg (D-NJ) introduced a bill which would encourage the use of double-hulls in non-tank vessels.

US bill would extend double hulls to nontank vessels

Mar 25, 2009 Marking the 20th anniversary of the Exxon Valdez crude oil spill on Mar. 24, US Sen. Frank R. Lautenberg (D-NJ) introduced a bill that would require the use of double hulls in nontank vessels.

ADNOC signs contracts for 13 newbuilds

Mar 25, 2009 Abu Dhabi National Oil Co. shipping subsidiary Abu Dhabi National Tanker Co. has signed contracts for the construction of 13 new ships for its fleet.

ConocoPhillips lets contract for Ekofisk water-injection facility

Mar 20, 2009 ConocoPhillips Skandinavia AS has awarded Technip SA a lump-sum installation contract for the Ekofisk VA subsea water-injection project in Block 2/4 off Norway.

Maersk Tankers to transport N. Sea area CO2

Mar 19, 2009 Maersk Tankers said that according to its studies, more than 750 million tonnes of CO2 are emitted from large stationary power plants near the sea in the North Sea region.

Chavez seizes control of Venezuela's oil ports

Mar 17, 2009 Venezuelan President Hugo Chavez, using the need for drug interdiction as his reason, has ordered his country's navy to seize seaports in Venezuelan states having major petroleum-exporting installations.

Tanker demand to remain flat, says analyst

Mar 16, 2009 Demand for tankers is unlikely to see any increase in 2009 despite apparently firming demand during the fourth quarter of 2008, according to marine transport advisors, McQuilling Services.

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