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Business & Finance, Equipment, Operations & Maintenance, Research & Development
Wintershall and its partners have submitted a Plan for Development and Operation (PDO) for the Maria field in the Norwegian Sea to the Norwegian Ministry of Petroleum and Energy. This is the first time Wintershall, as operator of the field, has submitted a PDO for a Norwegian development. Today, Martin Bachmann, Member of the Board […]
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Representatives Joe Crowley (D-Queens, the Bronx), Vice Chair of the Democratic Caucus, and Grace Meng (D-Queens) yesterday announced that the U.S. Army Corps of Engineers will perform maintenance dredging of critical sandbanks in the Flushing Bay Federal Channel beginning this fall. Dredging of the navigational channel, which is 15 feet deep and extends the length […]
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Bulker operator Sobelmar Antwerp said that in connection with its Chapter 11 proceedings in Hartford, Connecticut, the court has granted all of the interim relief that Sobelmar requested. The court granted the company the right to continue to operate and pay all voyage and operating expenses, pay employees and crew, continue all cash management procedures and maintain all insurance in […]
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Business & Finance, Equipment, Exploration & Production
Statoil has awarded a contract to Reinertsen to prepare Kristin platform, located in the Norwegian Sea, for tie-in with Wintershall’s Maria field. According to Offshore.no, the contract is worth NOK 600 million ($75.37 million). The partnership aims to develop the Maria field as a subsea facility with two subsea templates. Back in 2013, German oil company Wintershall agreed with […]
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The €1.2 billion Nordsee One project has reached financial close announced Canadian-German duo today. Northland, who owns 85%, and RWE Innogy, who owns the remaining 15% of 332MW project, said the equity is contributed to the project and all debt required for the project is fully committed. Approximately 70% of the project’s required costs will be provided from […]
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In a meeting in the Corporate Assembly of Statoil ASA on March 18, 2015, Rebekka Glasser Herlofsen was elected as new shareholder representative to the company’s board of directors. Grace Reksten Skaugen withdraws from the position as a member of Statoil’s board of directors. Reksten Skaugen had at an early point in time informed the nomination […]
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In a meeting in the Corporate Assembly of Statoil, Rebekka Glasser Herlofsen was elected as new shareholder representative to the company’s board of directors.
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In a meeting in the Corporate Assembly of Statoil, Rebekka Glasser Herlofsen was elected as new shareholder representative to the company’s board of directors.
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Statoil has on March 18, 2015, elected Rebekka Glasser Herlofsen as new shareholder representative to the company’s board of directors. Grace Reksten Skaugen withdraws from the position as a member of Statoil’s board of directors. Reksten Skaugen had at an early point in time informed the nomination committee that she did not wish to stand […]
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Business & Finance, Ports & Logistics
On March 2, Ports of Normandy Authority (PNA)’s elected representatives officially launched large- scale extension works of the port of Cherbourg’s main roadstead, which will be a milestone in the history of the port’s development. Due to the allocation of ALSTOM’s industrial unit for offshore wind activities on harbour land, and EDF’s assembly hub for the […]
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A crew transfer vessel deployed at Anholt Offshore Wind Farm in Denmark, ANHOLT WIND, celebrated 1,000 days without an Lost Time Injury (LTI) on February 2. Also Kirsten Bank Christensen, A2SEA Vice President, Group HSEQ, was very satisfied with the achivement: “At A2SEA we are very proud of ANHOLT WIND who has achieved a benchmark of 1,000 […]
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Research & Development, Technology
A group of maritime engineering students share a futuristic vision to send robots into outer space to explore planetary lakes. The potential uses for these robots on Earth is also limitless, including sending fleets of drones to provide quick and safe response to natural disasters and creating a “wired ocean” that provides early notice of […]
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Research & Development, Technology
A group of maritime engineering students share a futuristic vision to send robots into outer space to explore planetary lakes. The potential uses for these robots on Earth is also limitless, including sending fleets of drones to provide quick and safe response to natural disasters and creating a “wired ocean” that provides early notice of […]
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Business & Finance, Equipment, Technology
This winter, Morpeth homes and business are better protected than ever from the threat of flooding from the River Wansbeck. Construction of new flood defenses in Morpeth town centre, as part of the multi-million pound flood alleviation scheme, is now complete. Since early 2013, contractors working on behalf of the Environment Agency and Northumberland County […]
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Business & Finance, Equipment, Technology
A draft environmental assessment for repairs to levee unit R-627, Grace Street Ditch, in Douglas County, Neb. is currently available for public review. The draft (EA) evaluates the environmental impacts of repairing erosion damage to the levee caused by high flows in June 2014. The damaged area is located along the left descending bank of […]
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November 2014 was a “big month” for wind power in Scotland, new figures published today reveal. The figures come as ministers from almost 200 countries gather in Lima, Peru for the second and final week of the UN climate talks, which is aiming to make progress on the draft of a new global deal on […]
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Drace Infraestructuras UK Ltd is undertaking seabed preparation work for the installation of a meteorological mast for the Moray Offshore Renewables Limited (MORL) offshore wind farms. This work is being undertaken in support of the development of The Crown Estate Round 3 Zone 1 offshore wind licensing on the outer Moray Firth off the East […]
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Drace Infraestructuras UK Ltd is undertaking seabed preparation work for the installation of a meteorological mast for the Moray Offshore Renewables Limited (MORL) offshore wind farms. This work is being undertaken in support of the development of The Crown Estate Round 3 Zone 1 offshore wind licensing on the outer Moray Firth off the East […]
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On May 14, 2014 the Dutch Gemini project reached financial close. After days and nights of intensive talks, serious negotiations and meticulously reviewing all contracts, all parties reached an agreement. All the ends were tied together, and everyone looked with satisfaction into a large room that was literally stuffed with contracts. Agreements, which made it […]
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FreeSeas Inc., a transporter of dry-bulk cargoes seated in Athens, Greece, said that it has been notified by NASDAQ Stock Market of its failure to meet listing requirements. FreeSeas has received two letters stating that, for the previous 30 consecutive business days, the bid price of the company’s common stock closed below the minimum […]
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We are in a period of eco-friendly awareness on a global scale, traditional energy sources are in a decline due to new regulatory controls. The progression towards the future fuel, liquid natural gas (LNG), has been discussed considerably throughout the past few years. But with the upcoming environmental regulations in 2015, the time has come […]
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Export Development Canada (EDC) today announced financing of EUR 125 million for Toronto-based clean energy company Northland Power, the largest loan EDC has ever provided in the wind power sector. The financing will be used by Northland to purchase a 60 per cent ownership stake in Project Gemini, a 600 MW offshore wind farm in […]
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Export Development Canada (EDC) today announced financing of EUR 125 million for Toronto-based clean energy company Northland Power, the largest loan EDC has ever provided in the wind power sector. The financing will be used by Northland to purchase a 60 per cent ownership stake in Project Gemini, a 600 MW offshore wind farm in […]
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More than 22 parties, including 12 commercial creditors, 4 public financial institutions, 1 pension fund together with Northland Power Inc. as subordinated debt lenders and the 4 members of the equity consortium were involved in the signing of the financing contracts for the Gemini offshore wind farm. Some 70 percent of this budget will be […]
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The Gemini consortium signed all construction, operations and financing contracts yesterday with a total construction budget of nearly EUR 3 billion. For Siemens this is the first order for an offshore wind power plant in Dutch waters. For the Gemini project, Siemens will deliver 150 wind turbines with a capacity of 4 megawatts (MW) and […]
