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  • 12 January 2021
    Business & Finance, Business developments & projects, Vessels

    SHUAA Capital, an asset management and investment banking platform, has completed a debt buyout of Stanford Marine Group’s $308 million facility.

  • 21 December 2020
    Business & Finance, Business developments & projects, Equipment, Infrastructure

    The Dubai arm of oilfield equipment supplier Weir Oil & Gas has signed a five-year deal to supply and install 1,800 sets of wellheads and trees in the Gulf of Thailand.

  • 3 July 2020
    Business developments & projects, Project & Tenders

    Equinor has started conducting wind measurements to investigate the possibility of developing and constructing an 800 MW floating offshore wind project in South Korea. Two floating wind speed measurement installations using LiDAR technology have been deployed in the East Sea from Ulsan to conduct metocean data measurements for what will be the Firefly offshore wind […]

  • 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 […]

  • 16 April 2020
    Business & Finance, Business developments & projects, Project & Tenders

    Malaysian FPSO provider Yinson has completed an $800 million refinancing deal for the John Agyekum Kufuor FPSO.

  • 6 April 2020
    Equipment

    Taiwanese shipping company Evergreen Marine Corp. has ordered 1,800 Star Cool reefers from Maersk Container Industry (MCI) for its growing reefer operations. Scheduled for delivery during the 2nd quarter of 2020, reefer containers Star Cool Integrated combine the refrigerated MCI Box and the Star Cool refrigeration machine, featuring innovative technologies such as the controlled atmosphere. […]

  • 17 March 2020
    Business & Finance

    In light of the current low oil price environment and market volatility, U.S. oil and gas company Hess Corporation has revealed a plan for a significant reduction to its 2020 capital and exploratory budget. 

  • 28 February 2020
    Equipment

    Southern Cross has connected the first single-wavelength 800G across a live production network using Ciena’s WaveLogic 5 Extreme (WL5e) coherent optics. The new 800G channel speed ran error-free on Southern Cross’ live production network between two large, global data centers on the U.S. West Coast and demonstrated record-breaking spectral efficiencies, Ciena said. Southern Cross will […]

  • 20 November 2019
    Infrastructure

    Malaysian FPSO provider Yinson has struck an $800 million refinancing deal with 13 banks.

  • 19 August 2019
    Business & Finance, Operations & Maintenance, Project & Tenders

    Swedish marine survey specialist MMT has been assigned by the Danish transmission system operator Energinet to carry out seabed surveys for a new 800MW offshore wind farm project. MMT will execute a geophysical survey in the Danish North Sea covering approximately 440 square kilometer area west of central Jutland. The survey will be performed in […]

  • 15 August 2019
    Project & Tenders

    Energinet has contracted MMT Sweden AB to carry out site investigations at an offshore wind project in Denmark. MMT is in charge of carrying out a seabed survey at the site of the 800MW offshore wind farm and its export cable route in the North Sea and Baltic Sea, respectively. A geophysical survey will be performed at […]

  • 7 June 2019

    Lukoil has concluded an agreement with New Age to acquire a 25% interest in the Eni-operated Marine XII license in the Republic of Congo for $800 million in cash.

  • 19 December 2018

    Denmark has narrowed down the list of sites that could accommodate the country’s next large-scale offshore wind farm. It will be built either in the North Sea, close to Horns Rev 3 and Vesterhav Syd, or at the Kriegers Flak area in the Baltic Sea. 

  • 19 December 2018

    Denmark has narrowed down the list of sites that could accommodate the country’s next large-scale offshore wind farm. It will be built either in the North Sea, close to Horns Rev 3 and Vesterhav Syd, or at the Kriegers Flak area in the Baltic Sea. 

  • 12 November 2018

    French energy company Engie intends to invest €800 million ($900.3 million) over the next five years to develop green gasses, aiming to inject at least 10 percent of such gasses into networks by 2030. 

  • 8 November 2018

    Japanese conglomerate Toshiba Corporation has decided to withdraw from the US LNG business transferring all the outstanding shares of Toshiba America LNG Corporation to a third-party buyer. 

  • 27 September 2018
    Research & Development

    The offshore wind industry could support an annual average of 847 jobs in the U.S. state of South Carolina through 2035, according to The South Carolina Jobs Project: A Guide to Creating Jobs in Offshore Wind report.

  • 29 August 2018
    Business & Finance, Equipment

    Teledyne Marine has added Survey Equipment Services (SES) out of Katy, Texas, as the first authorized Value Added Reseller (VAR) under Teledyne Oceanscience for the Z-Boat 1800 unmanned surface vessel. SES has a history of selling and supporting the Teledyne Oceanscience Z-Boat 1800 and is now under agreement with Teledyne to integrate and support new […]

  • 1 June 2018
    Authorities & Government, Business & Finance, Environment, Operations & Maintenance, Research & Development, Technology

    Tidal energy project, led by Chinese developer LHD, has generated over 800 MWh of cumulative power since summer 2016 – claiming a ‘world record’ with one full year of continuous power export to the Chinese grid.

  • 23 April 2018
    Authorities & Government, Business & Finance, Environment, Project & Tenders

    An 800MW offshore wind project is part of the Danish government’s coming energy proposal, the country’s Energy, Supply and Climate Minister Lars Christian Lilleholt was reported as saying.

  • 23 April 2018
    Authorities & Government, Business & Finance, Environment, Project & Tenders

    An 800MW offshore wind project is part of the Danish government’s coming energy proposal, the country’s Energy, Supply and Climate Minister Lars Christian Lilleholt was reported as saying.

  • 29 January 2018

    Portugal’s Blue Atlantic has announced new plans for an 800-meter quay to berth two Panamaxes.

  • 9 January 2018
    Business & Finance, Equipment, Operations & Maintenance

    Ecosse Subsea Systems (ESS) has reached an agreement with an undisclosed subsea contractor to buy back their 800-ton carousel which can be deployed on a range of specialist subsea projects. The carousel was originally built and used on an offshore renewables project in 2014 after ESS identified a supply chain issue surrounding the availability of […]

  • 21 November 2017
    Business & Finance

    Miami-based cruise line Royal Caribbean Cruises (RCL) has priced an offering of senior unsecured notes in an aggregate principal amount of USD 800 million, consisting of two tranches. The first tranche of USD 300 million aggregate principal amount of senior unsecured notes due 2020 will bear interest at the rate of 2.650% per annum and […]

  • 7 November 2017
    Business & Finance

    Singapore’s containership operator Pacific International Lines (PIL) Group has taken delivery of two new 11,800 TEU containerships. The two vessels form part of a batch comprising twelve 11,8000 TEU boxships ordered by PIL from Yangzijiang Shipbuilding (Holdings) Ltd. The newbuilding duo has been built at the group’s Suzhou shipyard. The two ships have been christened Kota Pahlawan and Kota […]