Half of the offshore section for the TurkStream Offshore Gas Pipeline has been installed. Namely, over 930 kilometer of pipeline has been laid in total on the seabed of the Black Sea, divided over two strings. Pioneering Spirit, the vessel conducting deep-water sections of the pipeline, passed kilometer point 706 for the first line.
Mitsui is about to make an offer of A$0.95 cash per share for all of the issued shares of AWE, which was announced on 5 February 2018. Mitsui currently has an interest in 3.01% of AWE’s shares. Mitsui will declare the offer unconditional if it acquires an interest in AWE shares of at least 50.1%, on 14 March 2018.
Energean Oil & Gas announce that Energean Israel signed a Senior Credit Facility of up to $1.275 billion with Morgan Stanley, Natixis, Bank Hapoalim and Societe Generale as Mandated Lead Arrangers. The Facility Agreement will fund the development of the Karish offshore gas field over the next three years, with first gas production expected to set out in early 2021.
After the Greek Ministry of Environment & Energy released a Call for Tenders regarding the exploration and exploitation of hydrocarbons Offshore West Crete and Southwest Crete, a consortium of Total, ExxonMobil and Hellenic Petroleum, submitted offers for these two lease block areas.
Australia and East Timor have reached a agreement on a maritime border, putting an end to an over 10-year dispute between the two nations that has hindered development of a $40 billion offshore gas project in the Timor Sea, the Permanent Court of Arbitration in The Hague announced Saturday.
Seafarers Stories: Capt. Dimitrios Liakakos, Master27/03/2020
- Maritime Health
Singapore announces additional measures against COVID-1927/03/2020
Inspections during COVID-19 pandemic for RMI-flagged vessels27/03/2020
AMSA extends standards of training certification and STCW certificates27/03/2020
One vessel attacked, two more approached off Nigeria and Benin27/03/2020
- Maritime Health
Fighting against COVID-19 stress: key mental health resources27/03/2020
Synergy CEO urges for collective, managed crew changes27/03/2020
Lay-up and re-activation revisited27/03/2020
Maintaining public health and trade flow: A critical COVID-19 conflict27/03/2020
Surveyors prevented from attending vessels about to load finished steel products27/03/2020