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  • 15 August 2018
    Project & Tenders

    Nord Stream 2 AG has received all necessary permits for the construction of the Nord Stream 2 pipeline in Russia.

  • 29 April 2020
    Project & Tenders

    Chinese shipbuilding giant China State Shipbuilding Corporation (CSSC) has won a deal for the construction of twelve dual-fuel tankers. The order was booked by Bank of Communications Financial Leasing (Bocomm Leasing) which has secured charters for the newbuilds from the energy major Shell. Shell will charter the 120,000-ton dual fuel LR2 tankers for seven years […]

  • 25 February 2020

    As the offshore competition is growing in expanding new markets, the balance between productivity and profitability has never been so aligned with being competitive in the market of renewable energy. By: Mr Virginio Paratico – Area Sales Manager – FACCIN S.p.A Great advancements have been made in the offshore wind tower industry ever since it […]

  • 6 November 2019

    Huisman has received an order from Boskalis to deliver an offshore mast crane (OMC) for its crane vessel Bokalift 2. With a lifting capacity of 4,000mt at 100m above deck, this crane is capable of lifting jackets for wind turbines off the deck of the vessel, Huisman said. According to the company, a fly jib […]

  • 12 September 2019

    Pipeline technology specialist STATS has signed a trilateral memorandum of understanding (MoU), which will increase its presence on Sakhalin-2, Russia’s first offshore gas project.

  • 26 August 2019

    The offshore substation built for the Northwester 2 offshore wind farm has left Bladt Industries’ facility in Aalborg, Denmark, and is on its way towards the project site in Belgium. Bladt designed, built and assembled the substation with its partners Semco Maritime and ISC under a contract won in May last year. The 235t transformer was installed on […]

  • 22 July 2019

    Russia’s largest independent natural gas producers Novatek completed the sale of participation interests in Arctic LNG 2 project to Chinese and Japanese partners.

  • 1 November 2018

    Ørsted is expecting a faster ramp-up of generation from the 450MW Borkum Riffgrund 2 offshore wind farm due to good progress on offshore construction which will be completed in the fourth quarter of 2018.

  • 23 October 2018
    Business & Finance

    E2open announced plans to acquire container shipping booking platform INTTRA.

  • 26 December 2016

    Qatar’s LNG producer, Qatargas, started up the commercial operations at the Laffan Refinery 2, expanding the country’s production capacity.

  • 17 July 2012

    The number of pirate attacks have fallen sharply in the first half of 2012, led by a drop in Somali piracy, the International Chamber of Commerce (ICC) International Maritime Bureau’s (IMB) global piracy report revealed yesterday, but warned that these numbers were offset by a worrying increase of attacks in the Gulf of Guinea. Overall, […]

  • 11 August 2017
    Business & Finance

    Spectrum, a Norwegian provider of seismic data and seismic imaging services to the oil and gas industry, recorded a smaller loss for the year’s second quarter as its revenues increased compared to the prior-year period.  In its quarterly report on Friday, Spectrum said that its net loss dropped to $2.98 million in this year’s second […]

  • 9 August 2016
    Exploration & Production

    Drilling contractor Paragon Offshore posted a net loss for the second quarter of 2016 compared to a profit in the year-ago quarter amid a sharp drop in revenues.  Paragon Offshore reported the second quarter 2016 net loss of $25.1 million, as compared to second quarter 2015 net income of $47.3 million. The company’s total revenues for the […]

  • 4 August 2016
    Business & Finance

    Oil and natural gas exploration and production company, Marathon Oil, narrowed its 2Q 2016 loss compared to the one reported in the same period last year.  Marathon on Wednesday reported a second quarter 2016 net loss of $170 million, compared to a net loss of $386 million in the corresponding period last year. The company’s […]

  • 28 July 2016
    Business & Finance

    Oilfield services provider Baker Hughes widened its second quarter 2016 loss, mainly due to impairments and restructuring charges. On a GAAP basis, net loss attributable to Baker Hughes for the second quarter was $911 million, compared to $188 million in the second quarter of 2015. The second quarter includes charges related to goodwill impairment, asset […]

  • 13 April 2018
    Rules & Regulation

    IMO set to announce details of initial IMO Greenhouse Gas Emission Reduction Strategy for Ships.

  • 16 August 2016

    8.2 Consulting today informed that it had carried out due diligence services for Masdar, which is considering an investment in a 1.5GW portfolio of different offshore projects in the European market. “8.2 Consulting is very glad to have supported Masdar with its expert team during the assessment of the projects,” the company stated on its official website. […]

  • 27 May 2016

    K2 Management has been awarded a contract from Korea Offshore Wind Power (KOWP) who is developing the Korea Offshore Wind Power Project, located 11 kilometres off the South Korean west coast in the Yellow Sea. The total planned project capacity is 2.5GW installed over three rounds. K2 Management Wind Analysis team will conduct an independent […]

  • 31 July 2017
    Business & Finance, Exploration & Production

    U.S. deepwater drilling contractor Diamond Offshore returned to profit in the second quarter of the year from a loss in the prior-year period.  For the second quarter of 2017, the driller on Monday posted a profit of $15.9 million, which compares to a net loss of $589.9 million in the prior-year quarter. The driller’s revenues […]

  • 24 November 2015
    Project & Tenders

    KBR on Tuesday said it has been awarded a contract by G2 LNG to perform FEED engineering for a two-train LNG facility in Cameron Parish Louisiana.

  • 24 June 2016
    Business & Finance

    SeaBird Exploration has signed an agreement to supply one 2D vessel for an upcoming survey in North West Europe during this coming summer season. According to a statement on Friday by the provider of marine acquisition for 2D/3D and 4D seismic data, the project is due to start early in the third quarter of 2016. While […]

  • 4 August 2017
    Business & Finance, Exploration & Production

    Offshore driller Noble Corporation fell to a loss for the second quarter of the year dragged down by a significant reduction in revenues caused by a decline in fleet operating days and slashed dayrates in floating rig fleet.  The driller reported a net loss attributable to the company for the second quarter 2017 of $93 […]