Search results for: race bank

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  • Senator Carper Participates in Water Resources Policies Hearing (USA)

    11 February 2013

    Sen. Tom Carper (D-Del.), member of the Senate Environment and Public Works Committee attended the “Oversight Hearing on Implementation of Corps of Engineers Water Resources Policies”, held on February 7, 2013 where he addressed the present. The following is the Senator’s statement: “Madame Chair, Ranking Member Vitter, thank you for having this hearing today to […]

  • Gasunie, HES, Vopak to develop green ammonia terminal in Rotterdam

    11 April 2022
    Business Developments & Projects, Infrastructure, Ports & Logistics, Project & Tenders

    Gasunie, HES International (HES), and Vopak have joined forces to develop an import terminal for green ammonia as a hydrogen carrier in the Port of Rotterdam. The parties have signed a cooperation agreement to that effect. Their cooperation is a response to the growing global demand for the import and storage of green energy. An […]

  • Volatility in oil & gas prices on the cards for 2023 after roller-coaster ride in 2022, says Westwood

    6 February 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    Westwood dives into upstream oil and gas trends in 2022, predicting that 2023 will also be marked by oil and gas price volatility.

  • Trident warming up for three-well campaign as E. Guinea works to offset declining output

    3 June 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Following the arrival of a jack-up rig, Trident Energy is gearing up to drill three wells at its operated field located off Equatorial Guinea.

  • Serica gearing up for exploration drilling and well intervention in North Sea

    20 January 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    Serica is planning to drill an exploration well in the North sea and undertake a well intervention campaign to boost production.

  • More gas for Europe, as German giant unveils plans to develop ‘largest discovery in Norway in 2021’

    13 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    Wintershall Dea has submitted a PDO for a gas field in the Norwegian Sea a year after the discovery was made.

  • Subsea 7 sees growth in revenues, expects tendering activity to remain high

    28 April 2022
    Business & Finance, Business Developments & Projects

    Subsea 7 has reported a revenue of $1.2 billion in the first quarter of 2022, an increase of $197 million or 20% compared to Q1 2021, said to reflect strong growth in the Subsea and Conventional business unit. According to the UK-based company, the increase in revenue is impacted by significant activity on the Sakarya […]

  • Failure to comply with new environmental rules will pose ‘a huge business risk’

    27 January 2021
    Business & Finance, Environment, Operations & Maintenance, Regulation & Policy, Rules & Regulation, Technology, Transition, Vessels

    With the increasing pressure for shipowners to sharpen their environmental performance, driven by IMO 2050, regional regulations and market pull from charterers, banks and investors, the decarbonization challenge is here to stay. “This represents a whole new ball game for the industry. Optimisation of ship operations has traditionally been dictated by the efficiency of delivery […]

  • Spotlight on Monaco’s Mediterranean expansion

    5 July 2020
    Business Developments & Projects, Infrastructure

    Monaco’s 38,000 residents currently live on just over 2 square kilometres of land – a surface area smaller than New York’s Central Park. With an estimated 2,700 people expected to move to Monaco by 2026, the issue of space has become critical. For more than 150 years, Monaco has adapted its urban planning to the […]

  • Deep dive: What’s in store for Valaris rigs?

    13 January 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    An in-depth review of Valaris’ rigs, including details about new contracts and extensions along with other recent activities related to its fleet.

  • Op-ed: Tony Lewis on the exciting potential of wave energy

    28 December 2022
    Business Developments & Projects, Collaboration, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Research & Development, Technology, Transition, Vision

    In an op-ed piece, Tony Lewis, chief technology officer at OceanEnergy, sheds more light on the potential of wave energy and the expectations from the WEDUSEA project, being coordinated by the Ireland-based company.

  • Pay dispute escalates as North Sea workers resort to strike action on multiple oil & gas platforms

    8 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Human Capital, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation

    UK’s Unite the union has confirmed that hundreds of offshore workers have decided to down their tools and take industrial action.

  • OGUK: Over $4 bln of lost investment during pandemic threatens net-zero future

    17 March 2021
    Authorities & Government, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition

    Oil & Gas UK (OGUK), the representative body for the UK offshore oil and gas industry, has stated that securing and sustaining investment in the sector was critical to helping the UK quickly realise a net-zero future.

  • Singapore to suspend Glencore’s bunkering licence over fuel contamination role

    3 August 2022
    Authorities & Government, Green Marine, Ports & Logistics

    The Maritime and Port Authority of Singapore (MPA) has decided to suspend Glencore’s bunkering licence for two months following an investigation into a recent bunker fuel contamination in Singapore port. The move comes following the completion of an investigation into bunker fuel contamination in the port earlier this year. Namely, contamination cases started to emerge […]

  • Solomon Islands: Bulker spills 1,000 tonnes of oil into sea

    19 February 2021
    Environment, Infrastructure, Vessels

    Two years after a catastrophic oil spill in the vicinity of the UNESCO listed World Heritage Site, the Solomon Islands government is dealing with another similar incident.

  • Contractors to Complete Five SHEP-Related Features in 2017

    23 February 2017
    Business & Finance, Project & Tenders

    The U.S. Army Corps of Engineers, Savannah District, has just reported that contractors working on the Savannah Harbor Expansion Project are on track to finish several SHEP-related features in 2017. Senior project manager for the Savannah Harbor Expansion Project, Spencer Davis, recently provided an update on the environmental mitigation features outside of the actual harbor and entrance channel […]

  • Boskalis 2018 Results: Relatively Stable Year for Dredging & Inland Infra

    7 March 2019
    Business & Finance

    Boskalis has closed 2018 with a lower result, in line with expectations – net operating profit was EUR 83 million (2017: EUR 150 million). Including an almost entirely non-cash extraordinary charge of EUR 519 million there was a net loss of EUR 436 million, said the company. Revenue rose 10% compared to the previous year to EUR 2.57 […]

  • ICS proposes sustainability fund to IMO that would reward ships using alternative fuels

    25 October 2022
    Authorities & Government, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    The International Chamber of Shipping (ICS) has submitted a refined proposal to shipping’s UN regulator seeking the establishment of a fund and reward system to accelerate the sector’s uptake of alternative fuels and its transition to a net zero future.  The refined proposal combines elements from its previously proposed carbon tax proposal which was tabled […]

  • SAFEEN inks fuel oil transport and storage deal with Amaan Baghdad

    3 October 2022
    Business & Finance, Green Marine, Vessels

    AD Ports Group’s SAFEEN Group and Amaan Baghdad Company have signed an agreement on fuel oil transport and storage from Khor Al Zubair and Umm Qasr oil terminals in Iraq. The project is an extension of SAFEEN Group’s portfolio of services into the oil and gas sector and is part of its ongoing expansion in the key market in […]

  • Chinese partner paying over $2 bln to Petrobras for more interest in Brazilian field

    8 March 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production

    CNOOC has sealed a deal with Petrobras, which will allow it to acquire an additional interest in the Búzios field, located offshore Brazil.

  • Brazilian operator gets brand-new fleet addition and fresh deal with Karoon

    11 February 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance, Project & Tenders, Vessels

    CBO has added a new PSV to its fleet and signed its second contract for one of its AHTS vessels with Karoon Energy.

  • Sediment Cleanup From Chain’O Lakes Continues (USA)

    22 July 2010

    Dredging, the task of scooping up sediment, branches and tossed-out junk that makes passing through waterways a hazard for boaters, is proceeding on the Chain ’O Lakes, though a sopping early summer has slowed the pace. “We had the wettest June in 108 years,” said Ron Barker, Fox Waterway Agency deputy director of operations. “We […]

  • Solstad back in black; Eyes more renewables work

    1 March 2021
    Business & Finance, Business Developments & Projects

    Norwegian shipowner Solstad Offshore has bounced back in black as a result of successful financial restructuring. The company posted quarterly profit of NOK 11.43 billion, compared to NOK 1.19 loss same time last year. Full-year result was positive, with profit of NOK 7.23 billion, against NOK 3 billion loss in 2019. Revenue for the fourth […]

  • Shine Lawyers Ambassador: Take Great Barrier Reef Problem Seriously (Australia)

    28 March 2012

    Environmental crusader and Shine Lawyers ambassador Erin Brockovich has pushed the incoming Queensland Liberal-National Government to act to protect jobs and the environment when it comes to development affecting the Great Barrier Reef. Shine Lawyers’ case against the Gladstone Ports Corporation seeks to recognise the failure of the former Queensland Government and Gladstone Ports Corporation […]

  • UAE: Khalifa Port Officially Launched

    12 December 2012

    President His Highness Sheikh Khalifa Bin Zayed Al Nahyan on Wednesday expressed his pride at the completion of projects that are of benefit to the citizens of the homeland and that strengthen the national economy. He made his remarks when inaugurating Khalifa Port, north-east of Abu Dhabi City. Present also were H.H. Sheikh Hazza bin […]