Search results for: Magnus

404 results

A list of search results

  • 29 June 2020
    Environment, Equipment, Innovation, Technology, Vessels

    Finnish cleantech company Norsepower and logistics provider SEA-CARGO have inked a deal to install two of Norsepower’s largest Rotor Sails onboard the SC Connector, a side door Ro-Ro. The agreement also heralds the installation of the world’s first tiltable Rotor Sail, an innovation that has resulted from the need to adapt the technology to the […]

  • 18 June 2020
    Exploration & Production, Infrastructure, Market outlooks, Outlook & strategy

    In its global energy outlook, Rystad Energy revealed that the Covid-19 downturn will expedite peak oil demand, putting a lid on exploration efforts in remote offshore areas and as a result reducing the world’s recoverable oil by around 282 billion barrels.

  • 4 June 2020
    Business developments & projects

    Vattenfall has made the final investment decision for the zero-subsidy Hollandse Kust Zuid 1-4 wind farm project in the Dutch North Sea. The 1.5 GW Hollandse Kust Zuid will be the largest offshore wind farm in the Netherlands and in the world once operational in 2023. Vattenfall was awarded the contract to build Hollandse Kust […]

  • 26 May 2020
    Environment, Innovation, Vessels

    Scandlines’ hybrid ferry M/V Copenhagen has been retrofitted with Norsepower’s Rotor Sail Solution, Finnish auxiliary wind propulsion systems’ provider Norsepower said. The installation of the rotor sail on board M/V Copenhagen, a hybrid passenger ferry operating between Rostock, Germany and Gedser, Denmark, has been completed in just a few hours during a scheduled overnight stop, following meticulous […]

  • 20 April 2020
    Exploration & Production

    PGS seismic vessel Ramform Tethys is about to start a 3D multi-client survey offshore East Shetland, in UKCS waters. Production will start this week and the first data should be available in Q3 2020. The seismic will cover both frontier and mature areas to enable the interpretation of the internal reflectors of the main Brent […]

  • 10 April 2020
    Business & Finance, Business developments & projects, Infrastructure, Vessels

    Despite COVID-19 challenges, AMSC has closed a $305 million refinancing covering nine vessels.

  • 31 March 2020
    Innovation, Technology

    For centuries shipping depended on wind, but the industrial revolution changed that. No longer vessels were stuck in the doldrums. Today, with the Paris Climate Agreement in mind, shipping companies are looking at wind again for efficiency reasons. Recently C-Job Naval Architects has delivered the design for a wind-assisted general cargo vessel to Dutch shipping […]

  • 26 March 2020
    Authorities & Government, Market outlooks

    With WindEurope 2019 set for Kopenhagen, we take a look at the current offshore wind farm status in Denmark. In january of this year, we reported that the Government of Denmark had signed a Memorandum of Understanding with wind industry majors with the aim of strengthening and continuing the strong collaboration between the global wind […]

  • 19 March 2020

    In light of recent developments in the oil market, oil and gas company EnQuest has decided not to re-start production at the Heather and Thistle/Deveron fields located offshore the UK. 

  • 17 December 2019
    Business & Finance

    Offshore vessel provider Esvagt has been awarded a new contract with EnQuest for the provision of emergency response and rescue vessels (ERRV). 

  • 12 December 2019
    Business & Finance

    OSG has exercised options to extend its bareboat charter deals for four AMSC tankers.

  • 6 November 2019
    Business & Finance

    The chief financial officer of offshore drilling rig contractor Borr Drilling has decided to step down.

  • 31 October 2019
    Business & Finance

    EPC contractor Global E&C has been awarded a contract as the default construction contractor for several EnQuest’s UK offshore assets.

  • 29 October 2019
    Business & Finance

    Vattenfall’s Wind Business Area saw an increase in net sales and the underlying operating profit during the first nine months of the year, mainly owing to new capacity and higher production due to stronger winds. In the last twelve months, Vattenfall commissioned two wind farms, the 29MW Slufterdam onshore wind farm in the Netherlands and 373MW out […]

  • 24 October 2019

    The trial was conducted over a 12-month period.

  • 30 September 2019
    Business & Finance

    Cryo Shipping gets government grants to develop infrastructure for the supply of fully renewable energy as marine fuel.

  • 25 September 2019
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Weatherford has signed a $220 million, three-year contract with ADNOC to provide directional drilling services in the UAE. The agreement entails using the Weatherford Magnus rotary steerable system in both re-entry wells and new wells. “Magnus is demonstrating consistent reliability, a critical element of this contract award,” said Tony Azizi, vice president of the Arabian […]

  • 24 September 2019
    Business & Finance

    Norsepower has secured a USD 8.8 million investment that would support the expansion of its Rotor Sail technology.

  • 16 September 2019

    Oil prices on Monday saw the biggest surge since 1991 following a drone attack on the state-owned Saudi Aramco’s oil processing facility in Saudi Arabia, according to Reuters.

  • 3 September 2019
    Business & Finance

    The company has already undertaken its first LNG bunkering operation in Malmø, Sweden.

  • 14 August 2019
    Business & Finance

    Scandlines to install Norsepower’s Rotor Sail Solution onboard the M/V Copenhagen ferry.

  • 22 July 2019
    Business & Finance

    The delivery of five of the company’s new vessels had been advanced by a total of eight months.

  • 19 July 2019
    Business & Finance

    Swedish energy company Vattenfall has reported an 18.4 percent increase in wind power generation in the first half of 2019 compared to the same period a year earlier, mainly due to the addition of new capacity. During the last twelve months, Vattenfall has commissioned the 97MW Aberdeen Bay (EOWDC) offshore wind farm in Scotland, the […]

  • 10 July 2019
    Business & Finance

    The company’s application is expected to be approved on or about July 10, 2019.

  • 26 June 2019
    Business & Finance

    MSC inks deal with MacGregor, Guangzhou Wenchong Dockyard to upgrade cargo systems on six 16,000 TEU ships.