Search results for: diversification

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A list of search results

  • 18 May 2016
    Business & Finance, Equipment, Technology

    Jan De Nul Group, an international contractor specializing in dredging, land reclamation, heavy lifting, offshore and environmental services, has just released its business results for 2015, achieving solid performances despite difficult market conditions. The traditional dredging market showed limited growth, Jan De Nul said in the report. In addition, the share of the free market […]

  • 17 May 2016
    Business & Finance, Operations & Maintenance

    Construction works of the Trans Adriatic Pipeline (TAP) start today at the official launching ceremony in Thessaloniki, Greece, hosted by Greek prime minister Alexis Tsipras. TAP will be an 870 km long gas pipeline running from Komotini in Greece to Puglia in Italy, via Albania. It will be used to transport gas from Shah Deniz […]

  • 17 May 2016

    Maroš Šefčovič, European Commission’s Vice-President for the Energy Union, will represent the Commission in a ceremony to launch the construction works of the Trans-Adriatic Pipeline (TAP) in Thessaloniki, Greece on Tuesday, May 17. The event is hosted by Greek Prime Minister Alexis Tsipras. TAP will be an 870 km long gas pipeline running from Komotini in Greece […]

  • 13 May 2016
    Business & Finance

    Fincantieri’s subsidiary Vard Holdings Limited (Vard) has signed a letter of intent with an undisclosed international cruise company for the design and construction of two small-sized cruise vessels. The hulls will be built by Vard’s shipyard in Tulcea, Romania, while the delivery of the units is scheduled, respectively, in Q1 2019 and Q1 2020 from […]

  • 10 May 2016
    Research & Development

    Wind Farm Support Vessels (WFSVs) have increased in size in the last twelve months following the changes to the UK and German codes and regulations which allowed the vessels to be longer than 24-metre load line and to carry more than 12 technicians, and the trend is set to continue, according to Ed Dudson, Technical Director at […]

  • 10 May 2016
    Research & Development

    Wind Farm Support Vessels (WFSVs) have increased in size in the last twelve months following the changes to the UK and German codes and regulations which allowed the vessels to be longer than 24-metre load line and to carry more than 12 technicians, and the trend is set to continue, according to Ed Dudson, Technical Director at […]

  • 9 May 2016
    Business & Finance

    Upstream Production Solutions (Upstream PS) signed a contract with Northern Oil and Gas Australia (NOGA) to operate the Northern Endeavour floating production storage and offloading facility (FPSO) in the Timor Sea. GR Engineering, Upstream PS’ parent company, said on Monday the initial contract for the FPSO operation and maintenance was for three years. The FPSO is moored […]

  • 5 May 2016

    The Yamal LNG project finance deal with major Chinese banks has reduced the likelihood of significant project delays, and further capital injections from the project partners are much less likely to be needed, according to Fitch Ratings.

  • 22 April 2016
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Ocean Energy Systems (OES) has issued the Annual Report for 2015 that presents an overview of the activities undertaken within OES in 2015. Take a look at the list of some of OES member countries’ progress related to open sea testing infrastructure.

  • 21 April 2016
    Business & Finance, Research & Development, Technology

    Abu Dhabi Fund for Development (ADFD) has signed a new cooperation and support agreement with the International Renewable Energy Agency (IRENA) to ensure the effective allocation of the $350 million of funds pledged by ADFD for renewable energy projects in developing countries around the world.

  • 15 April 2016

    British Columbia’s minister of natural gas development Rich Coleman recently returned from Japan where he held talks with a number of companies interested in BC’s LNG potential.

  • 7 April 2016
    Business & Finance

    Singapore-based Triyards Holdings Limited has seen its net profit increase by 10% to USD 5.3 million for the quarter ended February 29, 2016, compared to the USD 4.9 million recorded in same period a year earlier. For the six-month period, the company saw a decrease of 9% in its net profit, which fell from USD 12.9 million recorded at the […]

  • 30 March 2016

    Eurogas, the association representing European gas distributors on Wednesday estimates the gas consumption went up 4 percent in 2015 compared to the year before.

  • 29 March 2016

    Fluxys, the operator of the Zeebrugge liquefied natural gas terminal informed on Tuesday it has signed a framework agreement on small-scale LNG cooperation in the European market with Gazprom.

  • 28 March 2016
    Business & Finance

    Oman’s SOHAR Port and Freezone has signed a Memorandum of Understanding (MoU) with Brazilian mining company’s subsidiary Vale in Oman and Oman National Investments Development Company SAOC TANMIA in Muscat that will pave way for the development of the SOHAR Dry Bulk Logistics Corridor. The project targets facilitating of export of minerals that are mined and processed in Oman to international markets. The […]

  • 17 March 2016

    Japan’s utilities, buyers of liquefied natural gas are seeking diversified LNG price indexation to alleviate the risk energy deregulation’s effect brings to downstream demand and pricing.

  • 14 March 2016

    With the shipping industry embarking on yet another tough year and owners rushing to preserve their financial stability which had been severely hit by the industry slump and overcapacity, the topic of finance is given a central role. As a result, the recent period has seen owners negotiate new and renegotiate exiting loans to defer payments, […]

  • 7 March 2016

    Russia’s Gazprom is counting on its deep natural gas ties with Italy to revive plans aimed at bypassing Ukraine as a transit state for politically sensitive gas shipments to Europe.

  • 4 March 2016

    The European Commission has given nod to a deal for a pipeline that will bring “new gas” to EU and “increase the security of energy supply for Southeast Europe.” More precisely, the EC has found the Host Government Agreement between the Greek authorities and the Trans Adriatic Pipeline to be in line with EU state […]

  • 4 March 2016
    Business & Finance, Operations & Maintenance

    The European Commission has found the Host Government Agreement between the Greek authorities and the Trans Adriatic Pipeline to be in line with EU state aid rules. The project should improve the security and diversity of EU energy supplies without unduly distorting competition in the single market. Margrethe Vestager, commissioner in charge of competition policy, stated: […]

  • 3 March 2016
    Business & Finance

    Japanese provider of natural gas Tokyo Gas has signed a heads of agreement with Diamond Gas International, Mitsubishi Corporation’s subsidiary, for sale and purchase of liquefied natural gas (LNG) from the Cameron LNG project in the United States. Namely, as a new natural gas liquefaction plant will be built in the Cameron LNG Terminal in Louisiana to refine […]

  • 22 February 2016
    Business & Finance

    In light of a slow oil and gas market, the Singapore-based shipbuilding company Otto Marine has decided to expand its portfolio and turn to other shipbuilding segments. Namely, the offshore shipbuilder has secured three newbuilding contracts for an oil tanker and two ferries, worth a total of USD 23 million. The 6,500 long tons deadweight (LTDW) product oil tanker […]

  • 17 February 2016
    Authorities & Government, Environment

    The European Commission (EC) has presented its energy security package with necessary proposals to equip the EU for global energy transition as well as to be prepared for possible energy supply interruptions. The package sets out a wide range of measures to strengthen the EU’s resilience to gas supply disruptions, according to EC. Energy security […]

  • 3 February 2016

    NOF Energy is supporting a cluster of Shetland-based energy sector supply chain businesses access new markets and sectors. The seven companies, which are the first from the Highlands and Islands region of Scotland to join NOF Energy, are all active in the North Sea oil & gas industry and are engaging with the organisation to […]

  • 1 February 2016

    Due to the current oil crisis, the Dutch Port of Den Helder has decided to opt for a substantial transition from offshore vessels to market diversification, the port said. Namely, the port reported a decrease of 10 percent in the number of offshore, oil and gas, vessels entering the port. The number of incoming vessels dropped from 2,776 […]