10000 results found for 'fire'

10000 results found for 'fire'
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  • Ambau Files For Bankruptcy

    18 February 2019
    Business & Finance

    German manufacturer of wind turbine towers and foundations Ambau has filed for bankruptcy at the Cuxhaven district court. The main reason for the bankruptcy filing is reportedly insolvency due to the lack of orders. Ambau currently employs around 350 people at two locations in Cuxhaven and Gräfenhainichen. The Cuxhaven district court has appointed provisional bankruptcy […]

  • Buccaneer files for bankruptcy

    4 June 2014
    Business & Finance

    Buccaneer Energy Limited and its U.S. subsidiaries filed voluntary petitions for reorganisation under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, Victoria Division. The Company’s filing was made on the eve of a 1 June 2014 deadline established by the Alaska Oil and Gas Conservation […]

  • Conwenna

    26 August 2018

    Silverburn Shipping specializes in heavy cargo shipping in Eastern Europe.

  • Eisa Files for Bankruptcy

    16 December 2015
    Business & Finance

    Brazilian shipbuilder Estaleiro Ilha S.A. (Eisa) has filed for bankruptcy having struggled for months with order cancellations and industry downturn. The announcement comes one day after the shipyard closed its doors due to money shortage that saw the shipbuilder lay off 3,000 of employees. The bankruptcy proceedings include the business headquarters located in the Governador Island […]

  • ShinaSB Files for Bankruptcy

    26 November 2015
    Business & Finance

    South Korean medium-size shipbuilder ShinaSB Yard has filed for bankruptcy after being on life support since April 2014, according to local media. Namely, the company filed for bankruptcy with the Changwon District Court earlier this week after it had failed to find buyers on three separate occasions during court receivership. The shipbuilder has not received a new order since 2007. Following […]

  • Alaska’s latest lease sale shows ‘demand for Cook Inlet natural gas remains high’

    4 January 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    Oil & gas lease sales, held for acreage in Cook Inlet off Alaska, were welcomed by the government but came under fire from environmentalists.

  • BP’s Dudley: Gas to be No.1 fuel during this century

    3 June 2015

    Bob Dudley, CEO of British Petroleum was at the World Gas Conference in Paris yesterday where he delivered a speech, predicting that natural gas, the fastest growing fossil fuel, will surpass oil in becoming world’s number one fuel during this century. He spoke about gas through three ‘S’s – sufficiency, security and sustainability, saying that gas provides […]

  • Wave-tricity is hiring

    21 November 2016
    Business & Finance, Research & Development, Technology

    UK-based wave energy developer, Wave-tricity, is looking to expand its team with two new job openings for Electrical Engineer, and Finance Director.

  • Five VLCCs for CMES

    1 October 2014
    Business & Finance

    China Merchants Energy Shipping (CMES) has placed orders for construction of four Very Large Crude Carriers (VLCCs) with two Chinese shipbuilders worth a total of USD 390 million. Dalian Shipbuilding Industry Co (DSIC) will construct two 319,000 dwt VLCCs whereas Shanghai Waigaoqiao Shipbuilding will build the other two 318,000 dwt VLCCs. All four eco-friendly ships are expected […]

  • Weserwind Files for Bankruptcy

    30 January 2015
    Business & Finance

    German steel construction company, Weserwind, filed for bankruptcy yesterday, that will affect 370 employees. According to Nordsee-Zeitung , Weserwind parent company, Georgsmarienhütte, stoped payments for high loss making subsidiary which led to this outcome. It is “no longer economically feasible and justifiable to support WeserWind with additional capital,” the company said. In addition, Bremerhaven-based company is […]

  • Nordseewerke Files for Bankruptcy

    1 June 2015
    Business & Finance

    Nordseewerke from Emden, Germany, has filed for bankruptcy due to the upcoming imminent insolvency, CEO Thierry Putters told German media. This affects 188 employees, of whom 80 percent have been working short-time since September 2014. The shipyard was founded in 1903 and was taken over by the steel company Siag Stahl in 2010. Following the bankruptcy of […]

  • Hyperdynamics files for bankruptcy

    28 December 2017
    Business & Finance

    Houston-based oil company Hyperdynamics on December 22 filed for Chapter 7 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas. 

  • Subsea in July

    3 August 2016
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Subsea World News has gathered all the highlights to bring you a summarized version of the most popular articles from the previous month. Industry majors made the news again last month with new contract awards, including Saipem’s field development project for the Zohr gas field, located off the Egyptian coast in the Mediterranean sea. The project is part […]

  • Weserwind Files for Bankruptcy

    30 January 2015
    Business & Finance

    German steel construction company, Weserwind, filed for bankruptcy yesterday, that will affect 370 employees. According to Nordsee-Zeitung , Weserwind parent company, Georgsmarienhütte, stoped payments for high loss making subsidiary which led to this outcome. It is “no longer economically feasible and justifiable to support WeserWind with additional capital,” the company said. In addition, Bremerhaven-based company is […]

  • Petrobras hires Endeavor

    6 June 2014
    Business & Finance, Equipment

    Endeavor Management announced that Brazi’s oil company Petrobras has retained the Houston-based consulting firm to investigate and document successful industry practices for decommissioning subsea infrastructure. Endeavor Management intends to gather information from regulators, contractors, and engineering companies, as well as engage major operating companies in collaborative benchmarking to share knowledge and experiences. Bruce Crager, Executive […]

  • Exmar Files for IPO

    25 September 2014
    Business & Finance

    EXMAR NV has filed for a registration statement with the United States Securities and Exchange Commission (SEC) to raise up to USD 125 million in an initial public offering of shares in the master limited partnership (MLP). The number of common units to be offered and the price range for the offering that will be traded under the […]

  • High five for StatoilHydro

    6 August 2008

    StatoilHydro and partner Sonatrach have made a fifth discovery in the Hassi Mouina license in the Sahara desert in Algeria. StatoilHydro has a 75% interest in Hassi Mouina with Sonatrach holding the remaining 25% stake in the license which was awarded in June 2004. “This is an interesting discovery and shows that there is a […]

  • Dolphin Files for Bankruptcy

    14 December 2015
    Business & Finance, Operations & Maintenance

    Norwegian seismic player Dolphin is filing for bankruptcy after failing to secure financial support to keep the business afloat. The oil price drop has been particularly tough for the offshore seismic market, forcing all service providers to restructure and try to adapt to challenging times. The Oslo-listed company has, over the past few months, looked for […]

  • FSG files for insolvency

    30 April 2020
    Business & Finance

    Cash strapped German shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) has filed for the opening of insolvency proceedings at the local court in Flensburg. The court has approved the application and ordered a provisional self-administration, according to the documents seen by Offshore Energy. The process allows the company’s management to remain in control while the company restructures financially. […]

  • Petronas, QatarEnergy, Chevron and Staatsolie enlarge oil & gas portfolio with two blocks off Suriname

    5 November 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Suriname’s national oil company (NOC) Staatsolie Maatschappij Suriname (Staatsolie), Malaysia’s energy titan Petronas, U.S.-based oil major Chevron, and Qatar’s state-owned oil & gas giant QatarEnergy have signed up for two blocks off the coast of Suriname that were secured as part of a consortium during the Suriname Post Shallow Offshore 2 Bid Round 2024-2025 held in June 2025.

  • US five-year offshore oil & gas leasing plan puts Biden between the devil and the deep blue sea

    2 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    Biden administration is stuck between a rock and a hard place while trying to reconcile its climate agenda and offshore wind ambitions with the IRA’s giveaways to the fossil fuels lobby.

  • California regulator clears path for US firm to design and build zero-emission vessels

    24 September 2025
    Business Developments & Projects, Certification & Classification, Regulation & Policy, Vessels

    U.S.-based ship design and building company Ghostworks Marine has been given the go-ahead from the California Air Resources Board (CARB) to develop and manufacture zero-emission electric-powered vessels. As disclosed, with this certification under its belt, the company has been authorized to offer its electric vessels to both private enterprises and public transit agencies across the […]

  • US tariff tsunami looms over shipping industry as stakeholders brace for impact

    6 March 2025
    Authorities & Government, Market Outlooks

    Following the Office of the United States Trade Representative (USTR)’s late February announcement regarding new tariffs on Chinese-built vessels, shipowners and charterers have scrambled to assess the fallout as concerns over rising transport costs and potential trade route disruptions mount. “America first”: Throttling China’s dominance When President Donald Trump’s administration announced that a fee of […]

  • USA: Chairman Issues Update on Philadelphia Port’s Progress

    22 March 2013
    Business & Finance

    Charles G. Kopp, Esq., Chairman of the Philadelphia Regional Port Authority, issued an update on recent progress at the Port of Philadelphia. The Philadelphia Regional Port Authority (PRPA) is an independent agency of the Commonwealth of Pennsylvania charged with the management, maintenance, marketing, and promotion of publicly-owned port facilities along the Delaware River in Philadelphia, […]

  • US firm to deliver 391 MW floating solar for Texas project

    17 September 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Ports & Logistics, Project & Tenders, Technology

    Houston-based clean energy company, Diligence Offshore Services, has entered into a partnership with U.S.-based floating solar manufacturer AccuSolar to develop the Pleasure Island Power Collective in Texas. The project, located across 2,275 acres on Pleasure Island and Sabine Lake near Port Arthur, combines renewable energy generation with a data center. According to AccuSolar, the project […]