Business & Finance
Columbia Shipmanagement, Permuda set up a JV in Italy
The Italian ship-owning Group Premuda, controlled by Pillarstone, has set up a joint venture with ship management and maritime service provider Columbia Shipmanagement (CSM). The JV enables CSM to enter the Italian market by taking over the full management of the entire Premuda fleet, consisting of
New Karoon CEO to take over in late November
Australian oil and gas player Karoon Energy has appointed Dr Julian Fowles its as Chief Executive Officer and Managing Director.
Offshore wind in the UK – roadmap required
The following article is a guest post by Maren Strandevold, an energy lawyer and an associate at the international commercial law firm Haynes and Boone. In response to the recent offshore wind announcement by the UK’s Prime Minister, Maren Strandevold discusses the need for adequate funding allocate
Green light to Lundin for North Sea well
The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Lundin Energy Norway for a well located in the North Sea offshore Norway.
MingYang plotting offshore wind pilot in Brazil
China’s MingYang Smart Energy has signed a Memorandum of Understanding (MoU) with Pecém Industrial Complex (CIPP) to develop a pilot offshore wind project in Brazil. The parties announced they are starting the pre-feasibility studies for the pilot wind farm that will be located off the coast of Pecé
World’s largest SSCV installs one of world’s smallest platforms
The Heerema Marine Contractors-owned Sleipnir, the world’s largest semi-submersible crane vessel, has installed Dana Petroleum’s new P11-Unity platform.
Husky and Cenovus merger to create third-largest Canadian oil and gas player
Canadian oil and gas player Cenovus Energy has made a move to combine with Husky Energy, which will create the third-largest Canadian oil and gas player.
Five energy majors to develop CO2 transport and storage project in UK North Sea
Energy majors have formed the Northern Endurance partnership to develop offshore carbon dioxide transport and storage infrastructure in the UK North Sea.
Harvey Gulf boosts subsea unit with two new hires
US-based Harvey Gulf Subsea Solutions has appointed two new members to its subsea solutions team, Brad Brister and Mark Scott. Brister is a PMP certified project manager with over 19 years of subsea IMR experience. He has previously held roles with Canyon Offshore, Deep Marine Technologies, and most
After weeks of no change, U.S. offshore rig count down a notch
The number of offshore rigs in the U.S. decreased by one unit last week and by eight units year over year, according to a Friday report by Baker Hughes.
Kraken Robotics raises $10 million
Canada’s ocean tech company Kraken Robotics has closed its previously announced “bought deal” short form prospectus offering of common shares. The company sold a total of 15,500,000 common shares at a price of 67 cents per common share for gross proceeds of close to $10.4 million inclusive of the pa
Marine energy goes on global recruiting spree
Several companies and organizations working in the marine energy sector have posted vacancies for qualified personnel who can help drive this emerging renewable energy industry forward.
Hermitage drops pursuit of NYSE listing appeal
Hermitage Offshore Services has decided to withdraw its appeal of the New York Stock Exchange’s (NYSE) determination to delist the company’s common shares.
Edison, Enagás partner up on small-scale LNG
Italian energy player Edison and its Spanish counterpart Enagás have teamed up on small-scale LNG cooperation.