Search results for: COVID-19

146010 results

A list of search results

  • 24 July 2020
    Business & Finance, Business developments & projects, Exploration & Production

    Equinor sank to the red in the second quarter of the year as its revenues were halved amid Covid-19 pandemic and low oil prices.

  • 9 April 2020
    Business & Finance

    To ensure safe crew changes on board dredgers and offshore vessels during the COVID-19 pandemic, DEME will charter a hotel ship for pre-quarantining as of this weekend. The ship is moored in Ostend, said the company in their latest release. Earlier, DEME took the measure to no longer change crews on board until 17 April […]

  • 18 August 2020
    Human Capital, Infrastructure, Market outlooks, Ports & Logistics

    The shipping industry could lose up to 40,000 jobs as more than 50% of the people in shipping lines work from home now due to the coronavirus pandemic, Lars Jensen, CEO, SeaIntelligence Consulting believes. “COVID-19 has proven that our systems work, as we’re still able to move 85% of global value although 50% work from […]

  • 30 July 2020
    Business & Finance, Business developments & projects

    Shell booked a loss of $18.1 billion in the second quarter of 2020 due to huge impairments as it cut its price outlook in response to the coronavirus pandemic and the oil price crisis.

  • 13 May 2020
    Business & Finance, Business developments & projects

    Due to the limited impacted of the COVID-19 outbreak during the first quarter of 2020, offshore drilling contractor Odfjell Drilling was able to post a higher profit than in the first quarter of 2019.

  • 23 March 2020
    Business & Finance

    In response to the current market environment, oil major Shell has decided to reduce its operating costs by up to $4 billion in 2020 and to cut its capital expenditure from $25 billion to $20 billion.

  • 19 March 2020
    Business & Finance

    Royal Boskalis Westminster N.V. has just announced that the Annual General Meeting of Shareholders (AGM) will be postponed to 30 June 2020. “In view of the recent developments surrounding the COVID-19 (corona) virus and Boskalis’ concern for the health of its shareholders, management, supervisory board members and employees, the AGM that was to be held […]

  • 14 April 2020

    Tekmar Group companies, Subsea Innovation and Tekmar Energy, have joined forces to manufacture personal protective equipment (PPE) for NHS workers in the North East of England. Subsea Innovation and Tekmar Energy have responded to the coronavirus pandemic and have begun manufacturing protective face shields for front line NHS workers at their facilities in Darlington (Subsea […]

  • 2 April 2020

    Due to the on-going COVID-19 pandemic, the 7th PRIMaRE conference will be held online, with no charge for attendance. The call for abstracts is open and has been extended until Friday 17th April 2020. Further information including the format of this virtual conference will be sent to registered delegates and announced on the PRIMaRE website […]

  • 17 March 2020
    Business & Finance

    The European Marine Energy Centre (EMEC) has said that due to the global COVID-19 (coronavirus) pandemic, as of today, 17 March 2020, the Orkney Renewable and Innovation Campus (ORIC) will restrict public access to the Robert Rendall and Charles Clouston buildings. All planned visits to EMEC have been canceled and the measures have been put […]

  • 18 March 2020
    Business & Finance

    WavEC Offshore Renewables has temporarily closed its office given the current COVID-19 pandemic situation. Following the official recommendations and the World Health Organization, WavEC has implemented a plan of measures and best practices, which includes remote work for employees. “We believe that the measures taken will ensure the continuity and quality of the services we […]

  • 30 July 2020
    Business & Finance, Business developments & projects, Exploration & Production, Market outlooks

    Eni went from a profit in the second quarter of 2019 to a loss in the same period this year hit by the combined effects of the coronavirus pandemic and the oil price crisis.

  • 28 July 2020
    Business & Finance, Business developments & projects, Human Capital

    Giant oilfield services provider Schlumberger is cutting around 21,000 jobs as a response to one of the most challenging quarters in over a decade.

  • 27 March 2020
    Business & Finance, Business developments & projects, Project & Tenders

    Australia’s Woodside is postponing final investment decisions for its Scarborough, Pluto Train 2 and Browse liquefied natural gas growth projects worth more than $50 billion in a response to the oil price crash and the COVID-19 pandemic. Woodside announced a number of measures on Friday which include an approximately 50 per cent reduction in spending […]

  • 16 March 2020

    LNG engineer TechnipFMC has put its planned split into TechnipFMC and Technip Energies on hold.

  • 30 June 2020
    Market outlooks, Outlook & strategy, Transition, Vision

    The COVID-19 pandemic has been an eventful time during which many steps were taken by governments, political organizations, the EU, and oil companies to plan a faster, more efficient, and more impactful energy transition. Here we look at a sequence of events working in favour of the transition to greener energy during the coronavirus pandemic.

  • 6 April 2020
    Research & Development

    Carnegie said it has achieved the first milestones of its new CETO ‘Digital Development Pathway’. Namely, the company has developed the machine-learning-based Wave Predictor capable of predicting the characteristics of waves that will reach the CETO Unit up to 30 seconds in the future. This is the first product in Carnegie’s so-called intelligent control products […]

  • 25 March 2020
    Business developments & projects, Operations & Maintenance

    Norway-based floating LNG giant Höegh LNG reached for mitigating measures to cope with the effects of COVID-19 outbreak and continue operations.

  • 4 June 2020
    Business & Finance

    Since the outbreak of the COVID-19 virus, the International Association of Dredging Companies (IADC) has been following the Dutch Government’s advisory measures with regard to limiting the spread of the virus. IADC had plans to host two events in June in The Netherlands. Both of these events are postponed. The events schedule for this year […]

  • 29 September 2020
    Business & Finance, Business developments & projects, Equipment, Infrastructure

    This downturn’s impact on offshore pipeline demand is lighter than that of 2016 and recovery is likely to be swift, led by projects in the Middle East, Rystad said on Monday.

  • 12 August 2020
    Business & Finance, Business developments & projects, Human Capital, Market outlooks, Outlook & strategy

    A Rystad Energy analysis of the top 50 OFS firms shows that staffing is set to reach its lowest level in more than 10 years.

  • 17 April 2020
    Business & Finance

    Seabed Geosolutions is feeling the impact of the COVID-19 pandemic on its activity. A significant ongoing project in the Middle East has been cancelled and another project that was scheduled to start imminently in Brazil has been postponed. In response, Seabed will implement rigorous cost and capex reduction measures. A deep water project in Brazil, […]