Macquarie, through its Green Investment Group (GIG), and Renewable Infrastructure Development Group (RIDG) have joined forces to bid for the development of an offshore wind project at the upcoming ScotWind leasing round. “By partnering right at the genesis of development, we’re making our earliest c
Malaysian shipping company MISC reported a net loss in the first quarter of this year but the company’s liquefied natural gas business logged a 11.3 per cent rise in revenue. MISC’s 1 .16 billion ringgit ($270 million) loss in the quarter is mainly related to a 1.05 billion ringgit provision on liti
Kosmos Energy sank deeper into the red in the first quarter of 2020 due to impairments and low oil prices.
Engineering and management services provider Penspen has been awarded a contract by Target Engineering Construction for slug catcher replacement support on a project on Zirku Island in the United Arab Emirates.
Sinopec Corp has put the country’s largest petrochemical port into operation with the successful docking and unloading of the New Renown, a very large crude oil carrier (VLCC) from the Middle East.
The Western Australian government is pushing forward to create an international liquefied natural gas fuelling hub in Pilbara in a move to reduce carbon emissions. As part of the plan, the WA government is introducing new incentives encouraging ships visiting Pilbara Ports to use cleaner marine fuel
Australian largest LNG company Woodside has awarded a supply and fabrication contract to compatriot Civmec for the Pluto-Karratha gas plant interconnector project. Under the deal, Western Australia-based Civmec will carry out the fabrication of structural steel, piping, a module and skids located wi
Engineering firm Wood and NERA have teamed up to develop an AI Inspection tool for subsea oil and gas infrastructure. The solution has the potential to revolutionise asset inspections in challenging and high-risk environments. It also aims to increase the speed and accuracy of issue detection, respo
New figures released by the UK government show wave and tidal energy has the backing of 80 per cent of the public. The figures say that a consistently high percentage of people are backing the UK’s transition from fossil fuels to renewable energy. The latest Public Attitudes Tracker, published quart
The world’s largest crane vessel, Sleipnir, has lifted Wintershall Dea’s Nova field topside module from the Rosenberg WorleyParsons yard in Stavanger, Norway.
Dutch Minister of Economic Affairs and Climate, Eric Wiebes, has agreed on drafting a Roadmap to Marine Energy in 2020. This follows a positive outcome of the position paper “Energy from Water”, set up by Dutch Marine Energy Centre (DMEC) and Energie uit Water (EWA). DMEC and EWA elaborated on the i
With another 1,000 workers laid off earlier this week, giant oilfield services provider Halliburton has decreased its workforce by around 5,000 since the oil price collapse.
On 27 April, Damen Yichang Shipyard in China hosted a digital steel cutting ceremony for a roll-on/roll-off passenger (RoPax) ferry ordered by the Government of Timor-Leste.
Offshore drilling company Maersk Drilling has decided to take another swing with the job axe and lay off even more staff.
