Search results for: north star

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A list of search results

  • Keppel hands over first of three newbuild jack-up rigs to ADNOC Drilling

    24 November 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Keppel Offshore & Marine (Keppel O&M), has delivered the first of three newbuild jack-up rigs to the UAE’s ADNOC Drilling.

  • G7 countries to end public funding for international fossil fuels projects

    31 May 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    The G7 countries have pledged to end direct international public financing of the fossil fuels sector starting from the end of this year.

  • Yang Ming’s 2,800 TEU newbuilds to get Smart Ship notations

    19 May 2020
    Innovation, IT & Software, Vessels

    Ten new 2,800 TEU containerships being built for the Taiwanese shipping company Yang Ming by compatriot shipbuilder CSBC Corporation are set to receive Smart Ship notations from leading classifications societies including ABS, DNV GL, BV, and CR Classification Society. Smart technology helps owners and operators to effectively collect, process, and perform advanced data analytics, enabling […]

  • Total drops pursuit of Occidental’s Ghana assets

    18 May 2020
    Business & Finance, Business Developments & Projects

    French oil major Total has discontinued the acquisition of Occidental Petroleum’s assets in Ghana and, in doing so, preserved the company’s financial flexibility.

  • Maersk shares 2022 ESG highlights, reports higher carbon intensity amid supply chain woes

    8 February 2023

    A.P. Moller Maersk has been a strong supporter of decarbonization in the maritime industry and it is targeting to become a net zero-company by 2040. Nevertheless, despite strong ambitions and targets, the business works in such a way that achieving these targets is often impacted by market conditions and supply chain disruptions that are out […]

  • WATCH: Türkiye edging closer to first gas from giant Black Sea project as pipe laying work wraps up

    21 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Vessels

    Türkiye has finished laying pipes in the Black Sea as part of its giant Sakarya gas field project development, which is seen as one of the country’s largest energy projects ever built. As a result, the project is on track to achieve the first gas in the first quarter of 2023.

  • Rebuilding Poplar Island with Clean Dredged Material

    29 July 2019
    Business & Finance, Project & Tenders

    For the past 25 years, the Paul S. Sarbanes Ecosystem Restoration Project at Poplar Island has built island habitat in the Chesapeake Bay.  Since 1994, the U.S. Army Corps of Engineers, Baltimore District, and its partners have been working to restore remote island habitat in the Chesapeake Bay by beneficially using dredged material at Poplar […]

  • INTERVIEW: Bourbon Subsea Services Stays Focused on Its Core Markets

    17 December 2018
    Business & Finance

    Bourbon Subsea Services provides clients with a full range of services to assist at every stage of the life of their oil field, from the survey and exploration phases, during the subsea construction and the offshore operations, through to dismantling. In an interview with Subsea World News Patrick Belenfant, CEO of Bourbon Subsea Services, told us […]

  • $12-billion mega Bay du Nord oil project put on the back burner for three years

    1 June 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Equinor has put on hold for three years the development of its controversial Bay du Nord oil project off the coast of Newfoundland & Labrador.

  • In focus: Getting to net-zero emissions and low-carbon economy

    17 December 2021
    Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Technology

    The recently held 2021 United Nations Climate Change Conference (COP26) brought to light many questions surrounding the transition to a more sustainable future, but more importantly the event showed that countries worldwide are committed to accelerate their decarbonisation plans, strengthening the emissions-reduction targets for 2030. Even more, decarbonisation has become a global imperative and a […]

  • Re-evaluation and new discovery push Türkiye’s Black Sea natural gas reserves up

    30 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy

    Türkiye’s natural gas reserves in the Black Sea have been increased, following a new gas discovery and an upward revision of a previous one.

  • Dredging – Key Factor for US Container Port Call Strategies

    30 August 2013
    Business & Finance

    In advance of debate at the upcoming TOC Americas 2013 conference in Miami, Dr. Asaf Ashar argues that dredging may turn out to be the key factor driving long-term US container port call strategies on both Suez and Panama all-water services. How will Panama Canal expansion impact shipping and port networks across the Americas? This […]

  • Norway to spearhead oil & gas electrification helm for years to come, forecasts Westwood

    6 July 2022
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    Westwood forecasts that Norway will continue to lead the way with low emissions intensity and electrification projects.

  • Sanctions aftermath: India emerges as top buyer of Russia’s seaborne crude

    23 January 2023
    Authorities & Government, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Vessels

    India has become the largest seaborne importer of Russian crude in the wake of the EU ban on seaborne oil imports and subsequent G7 price cap for exports. Exports to India increased from virtually nothing prior to Russia’s invasion of Ukraine to 1.2 Mb/d in November last year, according to Poten & Partners. The volumes […]

  • IEA: Natural gas markets to remain tight into 2023 as Russia’s reductions bring tensions and uncertainty

    3 October 2022
    Market Outlooks, Outlook & Strategy

    Natural gas markets are expected to remain tight well into next year as Russia keeps curtailing natural gas flows to Europe which has pushed international prices to new highs, disrupted trade flows and led to fuel shortages, International Energy Agency (IEA) finds in its latest report. According to IEA’s latest quarterly Gas Market Report, global […]

  • Ports increasingly targeted by cyberattacks as maritime incidents surge

    20 July 2020
    Infrastructure, IT & Software, Ports & Logistics, Safety, Vessels

    Cyberattacks on the maritime industry’s operational technology systems have increased by 900% over the last three years with the number of reported incidents set to reach record volumes by year-end, according to Israeli cybersecurity specialist Naval Dome. Addressing port and terminal operators during an online forum last week, Robert Rizika, Naval Dome’s Boston-based Head of […]

  • Container shipping: Defying the odds during the pandemic?

    17 June 2020
    Business & Finance, Market Outlooks, Outlook & Strategy

    The massive consolidation drive in the container shipping market that dominated the narrative over the past four years seems to have brought about unexpected benefits during the coronavirus crisis. The driving force behind the phenomenon has been primarily achieving economies of scale, especially considering the amount of capital investment needed in new, ever bigger ships. […]

  • USA: Corps Alaska Deepens Vital Navigational Channel

    3 July 2013
    Business & Finance, Vessels

    Fuel shortages and empty store shelves are a potential reality Alaskans will not have to face thanks to the work of 45 crewmembers aboard the Essayons, a U.S. Army Corps of Engineers-owned and operated hopper dredge. The vessel performed a dredging mission for the Corps’s Alaska District from May 12 through June 18 in the […]

  • Belgium: CEDA Announces Opening of WODCON XX

    24 May 2013
    Business & Finance, Equipment, Technology

    CEDA announces that the leading dredging event WODCON XX, to be held in Brussels, Belgium, will open its doors on 3 of June. Dredging is essential to maintaining and improving our quality of life and economic well-being. This is achieved through creating and maintaining water-based infrastructure such as ports and navigation channels, creating new land […]

  • Biden orders ‘the largest release of oil reserves in American history’ to lower prices

    1 April 2022
    Authorities & Government, Business & Finance, Exploration & Production, Market Outlooks, Rules & Regulation, Safety, Storage, Transition

    U.S. President Joe Biden announced plans for what is said to be the largest release from the strategic petroleum reserves in American history.

  • USA: Orion Marine Group Provides Update on Company’s Outlook

    23 March 2012

    Orion Marine Group Inc, a leading heavy civil marine contractor serving the infrastructure sector, is providing its investors an update on the Company’s outlook and end markets. Market Outlook The Company continues to experience uncertain and tough times. The general economic conditions, including anemic Gross Domestic Product growth and delays in Federal spending, has and […]

  • Orion Marine: Identified Bid Opportunities Give Optimism for 2014

    27 February 2014
    Business & Finance, Equipment, Technology

    Orion Marine Group Inc, a heavy civil marine contractor, today reported net income for the three months ended December 31, 2013, of $2.1 million ($0.08 diluted earnings per share). These results compare to net income of $1.5 million ($0.05 diluted earnings per share) for the same period a year ago. For the full year 2013, […]

  • Activists block Russian gas from being unloaded in Sweden, calling on govt to ‘impose an immediate import stop’

    9 September 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Vessels

    Activists have blocked a gas tanker carrying Russian gas from offloading its cargo at an LNG terminal in Sweden.

  • ExxonMobil’s low-carbon business gets new boss as current one steps down

    23 March 2022
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    ExxonMobil’s president of Low Carbon Solutions will be stepping down at the end of April and the company has revealed his replacement.

  • Canadian project ditches LNG for hydrogen production

    29 March 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Outlook & Strategy, Regulation & Policy, Transition

    While several Canadian LNG projects are progressing with environmental permits and construction milestones, a Nova Scotia-registered company has decided to stop advancing an LNG project on the Strait of Canso and proposed constructing and operating a green hydrogen and ammonia facility instead. Bear Head Energy (BHE), an owner of the previously approved Bear Head LNG […]