Business & Finance
Solstad secures new work for platform supply trio
Norwegian vessel owner Solstad Offshore has been awarded contracts for three platform supply vessels (PSVs) for operations in the UK and Suriname.
Port of Corpus Christi Commission gives nod to agreement for offshore deepwater port project
The Port of Corpus Christi Authority Commission has approved a lease agreement and related pipeline easement for the Bluewater Texas Terminals (BWTX) offshore deepwater port project — a 50/50 joint venture between Texas-based Phillips 66 and Trafigura Group. The proposed project will consist of up t
Vopak, ExxonMobil to conduct South Africa LNG terminal feasibility study
Affiliates of U.S. energy major ExxonMobil and Dutch storage tank firm Royal Vopak will be working on a feasibility study to assess the commercial, technical and regulatory aspects of an LNG regasification terminal in South Africa.
South Koreans sign 2.4 GW offshore wind agreement
South Korea’s Doosan Heavy Industries & Construction has signed an agreement with the government of North Jeolla Province to cooperate on the construction of a 2.4 GW offshore wind project. The project will be developed off the southwestern coast between Gochang County and Buan County, with expected
Promising results from Maersk Drilling’s first low-emission rig
After being converted to a low-emission rig, Maersk Intrepid has entered operations as the first Maersk Drilling rig to feature this set of upgrades.
KNOT Offshore buys new shuttle tanker operating in Brazil
Shuttle tanker operator KNOT Offshore Partners has agreed to acquire a company that owns the shuttle tanker Tove Knutsen.
Two key contracts awarded for Northern Lights project
Norway’s Equinor has awarded two key contracts in connection with the Northern Lights carbon transport and storage project.
DNV GL selected for Trion FPU job by BHP
DNV GL will verify that the new infrastructure built for BHP’s Trion project in Mexico is compliant with local and global safety requirements.
Wavepiston crowdfunding campaign hits €2M mark
Danish firm Wavepiston has reached it initial target of raising a minimum of €2 million. The wave energy developer recently opened a crowdfunding campaign on Seedrs investment platform in order to fund the final phase its technology development. The company, based in Elsinore, Denmark aims to raise
Plans filed for Northern Producer decommissioning
Northern Offshore and EnQuest have submitted combined decommissioning programmes for the Northern Producer FPF to the UK authorities.
KrisEnergy agrees to yet another extension under Vietnam farm-out
KrisEnergy has entered into a third extension of long stop date under a farm-out agreement for Block 115/09 offshore Vietnam.
Shareholders approve Husky-Cenovus merger
Shareholders from Cenovus Energy and Husky Energy have voted to support the previously announced plan to combine the two companies.
Ventolines backs Massachusetts offshore wind project
The Netherlands-headquartered Ventolines has signed on as the offshore wind expertise partner for the Mayflower Wind project in Massachusetts. Ventolines will provide transport and installation expertise on the substation, foundations, inter-array cables, and wind turbines. The Dutch company has als
Simec Atlantis lands £12 million investment deal
UK-based Simec Atlantis Energy has entered into a share placement agreement with a US-based investor New Technology Capital Group to raise up to £12 million ($16 million). Atlantis will get an initial investment of £2,000,000 for new shares with the value of £2,090,000 on or about 17 December 2020.