This year might be a turning point when it comes to the number of expected final investment decisions for upstream projects, according to Wood Mackenzie, an energy intelligence firm. According to a recent Wood Mackenzie report “A big year for FIDs: 2017 marks a turning point”, the number of upstream
London-based Ophir Energy, the developer of the Fortuna FLNG project in Equatorial Guinea, said Monday its current chief operating officer William Higgs will be stepping down due to the company’s cost reduction measures. The company has no plans to appoint another chief operating officer or executiv
London-listed oil and gas company Cairn Energy has completed drilling of the FAN South-1 well in the South Fan prospect offshore Senegal and found oil. The well, which was the first pure exploration well to be drilled offshore Senegal since the discovery wells of FAN-1 and SNE-1 in 2014, was spud in
Erin Energy is set to start drilling at the Oyo-9 well offshore Nigeria by the end of July, and has informed Pacific Drilling – whose rig it will be using – of its intention. According to Erin Energy Pacific Drilling has assured Erin of its readiness to mobilize its sixth drillship, Pacific Bora by
Egypt has banned all Qatari vessels from entering the Suez Canal Economic Zone in line with the country’s decision to bar Qatari ships from Egyptian ports in the aftermath of the severing of ties with Qatar. However, the passage through the Suez Canal has not been affected and it is allowed to all v
International Container Terminal Services Inc. (ICTSI) and the Belgium based Dredging International (DEME Group) have signed a Memorandum of Understanding (MOU) to co-operate in the further deepening of the Congo River, DR Congo. With the Democratic Republic of Congo Government’s (DRC) support, the
The shipping industry saw USD 42.5 billion removed from the ship lending jar in 2016, according to Petrofin Research’s latest report on global bank ship finance. The fall has been mainly attributed to the removal of Commerzbank and Royal Bank of Scotland, the lower bank portfolios by many banks, as
A new UK-based company UTM Consultants has been launched to address the immediate and long-term skills needs of the global marine energy sector.
Deltares has just announced that “The MI-SAFE package: Resources to implement nature based flood defense” webinar will take place on July 20, 2017, from 4:00 PM – 6:00 PM CEST. “Nature-based solutions are becoming recognized as amongst the most sustainable and cost-effective approaches towards coast
Popular news, July 3 – 9, 2017
Tidal Energy Today has compiled the top news from tidal and wave energy industry from July 3 – 9, 2017.
Dredging Today brings you an overview of the most popular stories from the past week (July 3-9, 2017). Royal IHC VIDEO: Construction Process of Megacutter Helios Royal Boskalis Westminster’s new self-propelled mega cutter dredger Helios was named and christened during a ceremony in Rotterdam two d
