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  • 16 September 2019

    Taiwan is establishing itself as one of the world’s fastest-growing new offshore wind markets and the Taiwanese manufacturers have been steadily getting ready to satisfy the production needs related to the projects to come. Following this tendency, several Taiwanese companies have recently visited Faccin’s factory in Visano, Italy to test their finished 4-rolls offshore-wind specially […]

  • 30 August 2019

    Timor-Leste and Australia have resolved their disputes over maritime borders in the Timor Sea, setting the pathway for the development of the Greater Sunrise offshore fields.

  • 24 April 2019

    Norwegian oil and gas company Equinor has submitted an environment plan to Australian offshore regulator for its proposed petroleum drilling activity in the Great Australian Bight.

  • 15 October 2018

    Are you ready for the new dawn in offshore wind? At the Offshore Wind Conference 2018 (OWC 2018), you can discover how you and your company can prepare for the new industry standards throughout several sessions that jointly aim to cover everything needed to get the full picture of what lies ahead. 

  • 10 March 2014
    Business & Finance

    Cautious optimism and brighter lights now beacons the maritime community in Asia. Having undergone a tumultuous time in recent years fraught with mounting challenges, things are finally easing for the shipping industry. In light of this positive industry development, more than 1,500 leading international maritime companies will be converging at the 13th edition of the […]

  • 30 July 2014

    Coffee makers, vacuum cleaners and washing machines, just some of the litter that can be found in our waters. The concerns about the plastic soup in the world’s seas, oceans, rivers and other waters are growing. Studies show that the impact of the plastic, and especially the micro parts, is devastating for the water’s ecosystem. […]

  • 6 September 2011
    Business & Finance, Operations & Maintenance, Research & Development

      In a detailed assessment of the Deepwater Horizon oil spill, researchers led by a team from the Woods Hole Oceanographic Institution (WHOI) have determined that the blown-out Macondo well spewed oil at a rate of about 57,000 barrels a day, totaling nearly 5 million barrels of oil released from the well between April 20 […]

  • 28 August 2013

    The tradeoff between rising energy costs and the low carbon agenda continues to see policy makers retreating from traditional renewable energy support mechanisms; forcing the industry to look for innovative financing solutions. At the same time, energy mix optimization has come to the fore, particularly in emerging markets, with governments increasingly seeing the need to […]

  • 3 August 2010

    Contrary to recent media reports of a quick recovery in the Gulf of Mexico, scientists and biologists are “deeply concerned” about impacts that will likely span “several decades”. “My prediction is that we will be dealing with the impacts of this spill for several decades to come and it will outlive me,” Dr. Ed Cake, […]

  • 5 August 2010
    Business & Finance

    Orion Marine Group, Inc., a leading heavy civil marine contractor, today reported net income for the three months ended June 30, 2010, of $7.0 million or $0.26 diluted earnings per share (based on 27,200,611 diluted shares outstanding). These results compare to net income of $6.3 million or $0.28 diluted earnings per share (based on 22,148,304 […]

  • 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, […]

  • 26 February 2014
    Business & Finance

    Malaysia’s Nam Cheong Limited achieved a record 4Q revenue of RM406.1 million (approx. $124 million), which was 7% higher than the RM379.2 million (USD 116 million) received in the corresponding period last year (“4Q 2012”). In line with its topline performance, the Group achieved another record-breaking net profit of RM70.2 million for 4Q 2013. Datuk Tiong Su Kouk […]

  • 28 March 2012
    Authorities & Government, Business & Finance

    Dr Richard Yemm, inventor of the Pelamis wave energy device has been honoured for his outstanding contribution to the development of the marine renewables sector. The iconic red ‘sea-snake’ wave energy converter has gained international recognition since Dr Yemm founded Pelamis Wave Power in Edinburgh in 1998. First Minister Alex Salmond presented Dr Yemm, now […]

  • 5 January 2018
    Authorities & Government, Project & Tenders

    As the Trump Administration issued the draft proposal for the 2019-2024 National Outer Continental Shelf (OCS) Oil and Gas Leasing Program on 4 January, the move to make more than 90% of OCS available for oil and gas exploration and production saw opposition from several U.S. coastal states, including those that want more renewable energy in their future.

  • 16 June 2011
    Business & Finance

      Emissions of CO2 and NOx from petroleum activities are relatively stable. Discharges to the sea of produced water and oil have not changed much in the last few years either.  The authorities and the oil industry agree that there are too many accidental discharges on the Norwegian shelf. The operators are working to reduce […]

  • 26 February 2013
    Business & Finance, Operations & Maintenance

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, provides an operational update. The Company currently has two exploration wells Rodriguez South (Faroe 30%), Norwegian Sea and North Uist (Faroe 6.25%), West of Shetland. Planned near term exploration wells […]

  • 13 May 2013
    Business & Finance

    Ithaca Energy Inc. announces its quarterly results for the three months ended March 31, 2013. In light of the Valiant transaction closing on April 19, 2013, also included is the unaudited financial highlights for the same period, showing the contribution from Valiant Petroleum plc (“Valiant”) for the period, together with an update on integration activities. […]

  • 30 May 2012
    Business & Finance, Equipment, Research & Development

      Four Scripps Institution of Oceanography at UC San Diego researchers will receive Navy funding to acquire and deploy instruments in support of studies ranging from coastal oceanography to deep-ocean acoustics. The awards mark the continuation of a partnership between Scripps and the Navy that predates World War II. The Department of Defense (DoD) awarded […]

  • 19 December 2011
    Business & Finance, Operations & Maintenance

      Mermaid Maritime Public Company Limited announces its Annual Report for the financial year ended on 30 September 2011. 2011 – Emerging Signs of Turnaround Mermaid Maritime Public Company Limited reported better results for the year that ended on 30 September 2011 amidst a slowly recovering business environment for the offshore oil and gas industry. […]

  • 5 December 2018

    Following several years of depressing market conditions, offshore rig owners have started showing optimism about the market outlook, encouraged by a recent rise in oil prices and the expectations that the oil majors must start spending more on exploration after years of underinvestment.

  • 18 May 2012
    Business & Finance

    While some shipowners are concerned about meeting the ballast water convention, Goltens Green Technologies simply sees it as another Environmental challenge to be negotiated. In 2010, ship repair specialists, Goltens, established GGT Green Technologies (GGT) to be an independent service provider to the BWT market. Based in Groningen, Holland, GGT is a centre of excellence […]

  • 21 May 2014
    Business & Finance, Research & Development

    In the following interview, Mr. Harold Orlinsky, Chief Operations Officer of HYPACK, which is one of the most successful providers of hydrographic and navigation software worldwide, explains the company’s latest achievements, business plans and future goals. What can you tell us about the company’s 2013 business results, reached goals, accomplished tasks? Last year, HYPACK had […]