Business & Finance
ROVOP counts £25 million in contract wins
In the last six months, an independent remotely operated vehicle (ROV) specialist ROVOP has secured contracts valued at £25 million (around $35 million) in offshore energy sectors.
Hapag-Lloyd raises outlook for 2021 reflecting strong performance
German container shipping major Hapag-Lloyd has raised its earnings outlook for the current financial year after posting very strong results in the first nine months of 2021.
Ingine’s pilot off-grid wave tech receives USAID support
Ingine’s Vietnamese subsidiary, Ingine Pacific, has been granted funding support from the United States Agency for International Development (USAID) for its renewable energy project.
ExxonMobil strikes out on Canje block but new 12-well campaign on the horizon
Following two previous dry wells, ExxonMobil has also failed to find commercial hydrocarbons in its third well on the Canje Block, off Guyana.
DP World to invest up to $7.5 billion in Indonesian port facilities
Dubai-based port operator DP World has signed a strategic alliance agreement with the Indonesia Investment Authority (INA) to enhance Indonesia’s maritime and port sector within the global manufacturing ecosystem.
McDermott focusing on final piece of the puzzle for Tyra
Following the sail away of two bridges and a flare, McDermott is focusing on completing a final piece of the puzzle for Tyra.
Sylvia Boer on AYOP’s DecomMissionBlue initiative
Sylvia Boer, director of Amsterdam IJmuiden Offshore Ports (AYOP), shares more about the association’s recently launched DecomMissionBlue initiative to tackle the growing challenge of decommissioning and recycling offshore and maritime objects and other old assets.
Solstad gets its hands on another contract extension
Solstad Offshore has won a contract extension with Conoco Phillips for a platform supply vessel for operations offshore Norway.
Mascot Workwear presents new clothing range
International workwear manufacturer Mascot Workwear presented its new range of clothing at the Offshore Energy Exhibition & Conference (OEEC) and yours truly Coco Kossmann was lucky enough to try it on – the size was not perfect, but most importantly, she was easy to spot.
Gram Car Carriers launches private placement as PCTC market strengthens
Driven by the strengthening market environment, Norway-based transportation company Gram Car Carriers ASA (GCC) has decided to issue a $110 million equity private placement and begin trading on Euronext Growth.
OEEC ’21: There’s a lot of energy, pun intended
Our OEEC 2021 Live studio host Coco Kossmann has had a short chat with Navingo’s commercial manager Casper Kunst and Mammoet’s global sales manager Dan Kempin about this year’s event and how it all looks like after being held online last year.
Oceanteam-Passer Group merger called off
Oceanteam and Passer Group have mutually agreed to discontinue negotiations over the potential merger of the two companies.
Vaalco gets more crude oil after well workovers offshore Gabon
Houston-based Vaalco Energy has completed two well workovers at the Etame field offshore Gabon.
Equinor confirms sixth discovery on Norwegian shelf this year
Norwegian oil and gas giant Equinor has confirmed oil discovery in the Egyptian Vulture exploration well located in the Norwegian Sea.