Search results for: diversification

1187 results

A list of search results

  • 24 April 2020
    Business & Finance, Business developments & projects, Equipment, Transition

    Italian oilfield contractor Saipem sank into the red in the first quarter of the year dragged down by impairments in the Offshore Drilling division.

  • 17 April 2020
    Vessels

    Vard has signed a contract with Ta San Shang Marine for the design and construction of the first Service Operation Vessel (SOV) in Taiwan.

  • 14 April 2020
    Business & Finance, Ports & Logistics, Project & Tenders

    Saudi Global Ports, one of PSA International’s subsidiaries, and Saudi Ports Authority (Mawani) signed a build, operate and transfer deal for the first and second container terminals in the King Abdulaziz Port in Dammam. The SAR 7 billion (USD 1.87 billion) deal makes SGP the sole container terminal operator of the deep-water hinterland port. The […]

  • 10 April 2020
    Market outlooks, Outlook & strategy

    OPEC, Russia, and allies are on the verge of ending the oil price war in an effort to save the oil industry which, in addition to the oil price war consequences, suffered even more as the coronavirus pandemic further curbed the oil demand, creating a whirlwind of adverse effects. However, the allies are still waiting on Mexico to join the production cuts pact.

  • 26 March 2020
    Ports & Logistics

    Gastrade of Greece, the developer of a planned offshore liquefied natural gas import terminal at Alexandroupolis, said Thursday that gas firms have submitted “satisfactory” binding bids to reserve regasification capacity at the facility. Key gas market players in Greece and southeast Europe, as well as end-users, have reserved capacity of 2.6 billion cubic metres per […]

  • 26 March 2020
    Business & Finance, Business developments & projects, Infrastructure, Vessels

    Gastrade of Greece, the developer of a planned offshore liquefied natural gas import facility at Alexandroupolis, said Thursday that gas firms have submitted “satisfactory” binding bids to reserve regasification capacity at the facility. Key gas market players in Greece and southeast Europe, as well as end-users, have reserved capacity of 2.6 billion cubic metres per […]

  • 17 March 2020
    Business & Finance

    The owners of marine technology specialist Sonardyne have formed a new parent company to increase the breadth and capabilities available to customers across the organisation’s independent subsidiaries. Sonardyne Group will align and harness the joint strengths of Chelsea Technologies, EIVA, Wavefront Systems, 2G Robotics and Sonardyne International, while maintaining the operating independence of each company. […]

  • 5 March 2020
    Business & Finance

    Tokio Marine has signed a purchase agreement to acquire renewable energy risks specialist GCube. GCube is one of the world’s largest underwriters of renewable energy, covering wind, solar, bio, hydro, wave and tidal projects globally. The business writes global property and liability cover for renewable energy construction and operational risks in 40 countries around the […]

  • 19 February 2020

    Jifmar Offshore Services has purchased the Damen Fast Crew Suppliers 2610 Twin Axe and FCS Seagull.

  • 19 February 2020

    Jifmar Offshore Services has purchased the Damen Fast Crew Suppliers 2610 Twin Axe and FCS Seagull.

  • 18 February 2020
    Business & Finance

    NAKILAT records stellar performance in 2019.

  • 17 February 2020
    Business & Finance

    HMM)is bullish on its performance in 2020, relying heavily on its new cooperation with THE Alliance.

  • 13 February 2020
    Business & Finance, Equipment

    Subsea manufacturing specialist Express Engineering is investing in a new £3.5-million assembly and test facility near its Gateshead headquarters in the UK, expecting to create another 30 jobs. Since embarking on a refocused business strategy at the end of 2018, Express Engineering has seen revenues in the oil and gas sector grow  to around £20 […]

  • 11 February 2020
    Infrastructure

    Aker BP has strengthened its position in the Skarv offshore area by swapping its interest in two licenses for an interest and operatorship in license which holds the Shrek discovery, near the Skarv field.

  • 29 January 2020
    Ports & Logistics

    Ørsted has entered into an agreement with the Port of Virginia to lease a portion of the Portsmouth Marine Terminal for offshore wind staging materials and equipment.

  • 29 January 2020
    Ports & Logistics

    Ørsted has entered into an agreement with the Port of Virginia to lease a portion of the Portsmouth Marine Terminal for offshore wind staging materials and equipment.

  • 27 January 2020

    Polish state-run Polskie Górnictwo Naftowe i Gazownictwo said that the LNG’s share in Poland’s total natural gas imports rose to 23 percent in 2019 from 20 percent in 2018. 

  • 27 January 2020

    High Speed Transfers (HST) has taken delivery of HST Euan, its fourth FCS 2710 class fast crew supply vessel, from Damen Shipyards. HST Euan was loaded onto a heavy-lift vessel at Damen Shipyards Antalya in Turkey in mid-January bound for Rotterdam, the Netherlands. To remind, Damen floated out the vessel at the beginning of November 2019 and a […]

  • 24 January 2020
    Business & Finance

    Offshore helicopter operator Bristow and its peer Era Group have made a deal to merge in an effort to create a more diverse and financially stronger player.

  • 23 January 2020

    Brazilian crude oil exports hit a record high in December 2019 as China continues to turn to Brazil.

  • 22 January 2020

    Buckeye Partners said its parent company IFM Global Infrastructure Fund has contributed its 57.6 percent equity interest in Freeport LNG’s second liquefaction train to Buckeye. 

  • 16 January 2020
    Equipment, Operations & Maintenance, Project & Tenders

    Petrofac has entered into a Preferred Supplier Agreement with SSE Renewables to design, supply and install the HVAC onshore and offshore substations for the Seagreen wind farm project. The wind farm will be located 27 kilometers off the coast of Angus. Petrofac has started early work on the project. Subject to a final investment decision […]

  • 3 January 2020
    Business & Finance, Project & Tenders

    Energean and the Public Gas Corporation of Greece (DEPA) have agreed to cooperate to further support the EastMed Pipeline Project.

  • 27 December 2019

    Greek public gas corporation DEPA has approved the acquisition of a 20 percent stake in its compatriot utility GASTRADE, the developer of the FSRU project in Alexandroupolis.

  • 23 December 2019

    Dutch dredging company Boskalis Royal Boskalis Westminster has been awarded a sizable contract to connect an offshore floating storage and regasification unit (FSRU) to an onshore power plant in El Salvador.