29295 results
A list of search results
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Authorities & Government, Regulation & policy
The U.S. Department of Energy (DOE) extended the terms of seven long-term liquefied natural gas (LNG) export authorizations through 2050.
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Business & Finance, Business developments & projects
Houston-based oil and gas company Vaalco Energy has signed a sale and purchase agreement to acquire Sasol’s 27.8 per cent working interest in the Etame Marin block offshore Gabon.
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Singaporean seafarers who were unable to secure shipboard employment between May and December 2020 due to COVID-19 related impact have received additional unemployment assistance. Since May 1, 2020, the Maritime and Port Authority of Singapore (MPA), together with Singapore Maritime Officers’ Union (SMOU) and Singapore Organisation of Seamen (SOS), have provided up to $800 per […]
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Business & Finance, Business developments & projects, Infrastructure, Vessels
US-based provider of maritime logistics and transportation solutions Pangaea Logistics Solutions has acquired an additional one-third equity interest in its partially-owned consolidated subsidiary Nordic Bulk Holding Company Ltd. (NBHC) from one of NBHC’s current shareholders.
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Authorities & Government, Business & Finance, Business developments & projects, Regulation & policy, Rules & Regulation
Offshore drilling contractor Valaris has executed a new term loan credit agreement, gaining access to additional liquidity as it is working through its Chapter 11 bankruptcy process.
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Business developments & projects, Infrastructure, Ports & Logistics
Spain’s Port Authority of Valencia (APV) revealed plans to continue with the consolidation of the Port of Sagunto in the coming years. For this purpose, APV — which trades under the name of Valenciaport — will allocate €136 million (around $161 million) between 2020 and 2025.
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Environment, Equipment, Infrastructure, Vessels
Germany’s propulsion manufacturer Schottel has won a contract to supply pump jets for five additional expedition cruise ships — with option to include a sixth — for Portuguese cruise line Mystic Cruises.
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Business & Finance, Business developments & projects, Infrastructure, Innovation, Ports & Logistics
Additional funds will provide two more years of maritime innovation for the region
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Authorities & Government, Business & Finance, Business developments & projects, Infrastructure, Ports & Logistics
The Jacksonville City Council has unanimously awarded the Jacksonville Port Authority (JAXPORT) $75 million for the ongoing harbor deepening project.
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Magseis Fairfield has together with its partner, CGG, secured pre-funding from an oil major for the extension of the ocean bottom node (OBN) Cornerstone multi-client survey in the North Sea. This both confirms the industry interest in the area and reduces Magseis Fairfield’s relative exposure in the project. “Together with CGG we are bringing together […]
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More than 40% of vessels were suffering from over 10% hard fouling coverage on the hull even before the idling of fleets due to COVID-19, analysis of hull fouling collection data in a new research commissioned by Swedish biotechnology company I-Tech AB shows. I-Tech contracted independent marine coating consultants, Safinah Group, to analyse underwater hull […]
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Axxis Geo Solutions (AGS) has signed a contract for an additional scope of work under the agreement with Equinor in the North Sea. Earlier this year the company secured the contract for the seismic node acquisition along with the Letter of Intent for an additional scope of work. The additional work will start directly after […]
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Northland Power has identified additional offshore wind development sites in the proximity of Dado Ocean’s original sites in South Korea, which could increase the development capacity to approximately 1GW. These early-stage development sites will be developed together over the coming years, Northland Power stated. The company has also closed the previously announced acquisition of Dado […]
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Business & Finance, Project & Tenders
Due to the current low oil price environment and uncertanties in the market due to the coronavirus outbreak, BW Energy has decided to reduce its capital expenditures in Gabon. In addition, the JV will not exercise options for additional exploration wells.
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Congressman Frank Pallone, Jr. has announced additional beach replenishment projects in Long Branch, Sea Bright, and Monmouth Beach. In the announcement, Pallone said that additional federal dollars will allow for expanded work in these Monmouth County towns. “I’m pleased to announce these additional replenishment projects that will be critical to our beaches and communities in […]
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The US government allocated USD 93 million for the next phase of deepening the Jacksonville shipping channel.
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The federal government has allocated $93 million for the next phase of deepening the Jacksonville shipping channel to 47 feet from its current depth of 40 feet. A milestone for the project and a major victory for JAXPORT, the federal government has now fully funded the government’s portion of deepening through JAXPORT’s Blount Island Marine […]
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Dunkerque LNG the operator of France’s Dunkirk liquefied natural gas (LNG) import terminal has put up capacity at the Dunkirk LNG terminal up for sale through a call for market interest.
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PGNiG Upstream Norway has completed the acquisition of a 10 percent stake in the Duva field, located offshore Norway, from Pandion Energy.
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Passengers and families of victims of the ferry Estonia seeking additional investigation into the tragedy.
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Great Britain is reportedly awaiting seven more liquefied natural gas (LNG) tankers, according to Refinitiv shipping data.
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Business & Finance, Exploration & Production
Japan Drilling Company has secured additional work for its Hakuryu-11 jack-up, which will see the rig employed offshore Vietnam.
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The Chicago Department of Transportation (CDOT) and Chicago Park District are working on additional lakefront stabilization projects, planned in coordination with the Army Corp, that will protect Chicago’s shoreline from Lake Michigan water levels. The joint project will protect Juneway Beach, Rogers Beach and Howard Beach on the far North Side from erosion. It will […]
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Minister for Local Government Shelley Hancock has announced an additional $175,000 of funding for the City of Newcastle Council to begin work to boost sand volumes on Stockton Beach, located north of the Hunter River in New South Wales, Australia. “The newest round of funding will enable approximately 5,500 tonnes of sand to be placed […]
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Business & Finance, Equipment
Balmoral recently made a seven-figure investment in ACE Winches which will be used to strengthen ACE’s equipment fleet. The investment follows Balmoral’s previous boost of some £10 million at ACE Winches in 2017, aimed at expanding its international reach in the offshore heavy lifting, renewables and decommissioning markets. Jim Milne, chairman and MD of Balmoral […]
