Exploration plans are being redrawn and the well count is expected to drop by as much as 35 per cent on 2019 levels due to the “double whammy” of the oil price collapse and COVID-19 pandemic, according to market research provider Westwood Global Energy Group.
Heerema Fabrication Group is set to manufacture the pre-piling template for the Greater Changhua offshore wind project in Taiwan. The template, which will enable Heerema Marine Contractors to install the piles accurately, consists of three pile sleeves connected by framing, including hydraulically a
A canal dredging work along Bang Krasan in Ayutthaya, Thailand, is nearing its completion and is set to be wrapped up by April 30, the Bangkok Post reports. The project, inspected by Deputy Prime Minister Prawit Wongsuwon yesterday, is about 98% completed. Bang Krasan is a 2.2-kilometer canal in Ayu
The agreement of the members of OPEC and its allies to cut oil production by 9.7 million barrels of crude per day is not believed to be enough to offset the massive demand drop and will certainly have dire implications for the oil tanker shipping market. “The first quarter of 2020 has been one of [&
MMA Offshore has won a contract with a top tier construction contractor to support foundation installation for an offshore wind farm project off the coast of Taiwan. Commenting the latest news, MMA Managing Director, David Ross, said: “Expanding our service offering into supporting the renewable sec
Scientist at City University of Hong Kong (CityU) have rolled out two renewable energy inventions that tackle the energy crisis. Led by Professor He Jr-hau from the Department of Materials Science and Engineering, the inventions include the development of a novel wave energy device as well as a new
Dredging Today brings you an overview of the most popular stories from the past week (April 13-19, 2020). PHOTO: Damen CSD500 at Basra Terminal A Damen CSD500 has been working on the Basra Gateway Terminal in Iraq continuously since it was delivered early 2018. Van Oord Presents Annual Report an
The article delves into legal intricacies of declaring force majeure events on existing offshore construction contracts in case of delays caused by the coronavirus pandemic as well as key points to consider when entering new contracts.
There are three potential fuel pathways toward developing zero-emission vessels and decarbonizing the future of shipping, according to ABS. The US-based classification society just released the 2020 Setting the Course to Low-Carbon Shipping — Pathways to Sustainable Shipping outlook, which maps out
The offshore wind industry will need 77,000 GWO-trained on-site workers to deliver forecast installations in six key emerging markets for offshore wind between 2020-2024, a new report has found. Published by the Global Wind Energy Council (GWEC) and Global Wind Organisation (GWO), Powering the Futur
Ventus Marine’s service accommodation transfer vessel (SATV) Ventus Formosa has begun its charter on the Formosa 1 offshore wind project in Taiwan. The joint venture of PSA Marine and its Taiwanese partner Ta Tong Marine Group took delivery of the 36-meter purpose-built SATV earlier this year. Ventu
Work is progressing well on Timor-Leste’s new $490 million deepwater container port, reports BMC Line Shipping. The company announced that the main contractor is shipping the first batch of steel pipes for the construction of new port this week. Chinese state-owned construction group China Communica
