Search results for: diversification

1187 results

A list of search results

  • 2 December 2019
    Authorities & Government

    Ireland has revealed details of the Renewable Electricity Support Scheme (RESS) auction which has received government approval as the country looks to move to 70% renewable electricity by 2030. RESS is an auction-based scheme which invites renewable electricity projects, including offshore wind, to bid for capacity and receive a guaranteed price for the electricity they […]

  • 28 November 2019
    Business & Finance

    Offshore oilfield contractor Gulf Marine Services (GMS) has won a firm 15-month contract plus options for one of its E-Class (Large) vessels.

  • 25 November 2019
    Business & Finance

    Containership operator Seaspan Corporation is to create a new holding company, Atlas Corp.

  • 20 November 2019
    Business & Finance

    Oilfield services provider Petrofac has been awarded contracts and extensions with a combined value of more than $120 million.

  • 19 November 2019
    Business & Finance

    The first-of-its-kind sailing will take place onboard Celebrity Edge in recognition of International Women’s Day 2020.

  • 18 November 2019
    Business & Finance

    Norway’s Rystad Energy said the deal between Saipem and Subsea 7 would create the fourth-largest oilfield service company. 

  • 14 November 2019

    The company reduced its operating loss in the third quarter 2019 by 62.1 percent.

  • 14 November 2019
    Exploration & Production

    UAE-based ADNOC Drilling will order dozens of drilling rigs by 2025.

  • 14 November 2019
    Exploration & Production

    IMI, a JV company between Lamprell, Saudi Aramco, Bahri, and Hyundai Heavy Industries, has announced the name for the GustoMSC-design jack-up rig which is expected to be built in 2021. The offshore oil and gas drilling rig will be named “IMI-2030.”

  • 4 November 2019

    The IPO could be a record-breaking one, surpassing Alibaba’s 2014 $25B IPO

  • 31 October 2019
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Saipem and Wello have undertaken to work together for the successful execution of their first joint project. This will be in the framework of the memorandum of understanding signed last September regarding the deployment of WEC Penguin technology for the production of energy from marine waves. The project involves the deployment of WEC Penguin technology […]

  • 31 October 2019
    Operations & Maintenance, Technology

    Saipem and Wello have undertaken to work together for the successful execution of their first joint project. This will be in the framework of the memorandum of understanding signed last September regarding the deployment of WEC Penguin technology for the production of energy from marine waves. The project involves the deployment of WEC Penguin technology […]

  • 29 October 2019
    Business & Finance

    The company’s net loss was at USD 22.9 million, compared to a net loss of USD 58.7 million seen a year earlier.

  • 23 October 2019

    Speculation is brewing in Singapore that a merger might be on the cards between the country’s offshore rig building giants Keppel Offshore & Marine and Sembcorp Marine.

  • 14 October 2019
    Research & Development, Technology

    The launch of the Marinus platform by Leask Marine marks the end of the InTER Project and the completion of the first ever tidal device to be built on Orkney. The two-year project, part-funded by Innovate UK and led by ITPEnergised, culminated with the deployment of the floating platform designed and built to support Instream […]

  • 14 October 2019
    Business & Finance, Equipment, Research & Development

    Leask Marine has launched the Marinus platform marking the end of the InTER Project and the completion of the first ever tidal device to be built on Orkney. The two-year project, part-funded by Innovate UK and led by ITPEnergised, culminated with the deployment of the floating platform designed and built to support Instream Energy’s tidal […]

  • 7 October 2019
    Operations & Maintenance

    European Commission has invested €530 million in the Celtic Interconnector, a link between Ireland and the Europe’s energy grid. An Taoiseach, Leo Varadkar and Minister for Communications, Climate Action and Environment, Richard Bruton have confirmed the investment on Wednesday. The €1 billion Celtic Interconnector will connect Ireland’s electricity network to France via an underwater connection. […]

  • 3 October 2019

    German LNG Terminal, the joint venture behind the LNG terminal project in Brunsbuettel, Northern Germany, has completed the EPC contractor pre-qualification process that started at the end of June this year.

  • 24 September 2019
    Project & Tenders

    South Korean state-owned Kogas signed a long-term liquefied natural gas supply deal with the UK-based energy giant and LNG player BP.

  • 19 September 2019
    Project & Tenders

    Japanese utility Tohoku Electric Power is looking to tap into the LNG spot market to secure supply for the October-November period. 

  • 16 September 2019
    Business & Finance

    The project includes the construction of 4 loading berths, a breakwater berth and two offshore pipelines.

  • 10 September 2019

    Adriatic LNG, the operator of the regasification terminal located off the Italian Veneto coast marked a milestone of 10 years since the regasification activities started. 

  • 5 September 2019
    Business & Finance

    Dredging Corporation of India Limited (DCI) has capacity to meet the lion’s share of India’s maintenance and capital dredging market, according to the DCI’s Managing Director, Shri Rajesh Tripathi. Addressing the delegates of the ‘Tenth Annual Conference on Dredging in India’ in Mumbai, he said that after the takeover of DCI by a consortium of […]

  • 3 September 2019
    Ports & Logistics, Project & Tenders

    Qatar Petroleum and Fluxys Belgium through their respective units have signed a long-term LNG services agreement for the Zeebrugge LNG terminal.

  • 27 August 2019
    Research & Development, Technology

    Mainstay Marine Solutions has completed the fabrication and assembly of the 48te wave energy device for Australian company AMOG Consulting. The device was deployed from Pembroke Dock and couple of days later arrived into Falmouth Harbour following a 168nm tow. Stewart Graves, managing director, said: “Mainstay is delighted to have built the WEC for AMOG. […]