Business & Finance
Galloper offshore wind farm bolsters green credentials
The Galloper offshore wind farm in the UK has received the ISO 14001 certificate in recognition of improved environmental performance. Awarded by Lloyds Register, the ISO 14001:2015 is an internationally recognized Environment Management System (EMS) that highlights continuous improvement and reduce
Siem Offshore scores extensions for AHTS trio in Australia
Norwegian offshore vessel provider Siem Offshore has been awarded contract extensions for three of its anchor handling tug and supply (AHTS) vessels in Australia.
Despite modest recovery, global marine insurance sees uncertain future
Marine underwriting premiums for 2019 saw a reduction of 0.9% year over year and were estimated at $28.7 billion, the International Union of Marine Insurance (IUMI) said.
MDL eyes global growth with new team boost
MDL has implemented organisational changes to its management and business development teams as it targets global growth in the “new normal” energy market. Andrew Blaquiere, previously VP Americas, joins the MDL board as managing director and will be overseeing the day-to-day business operations. The
Eni hits new gas discovery offshore Egypt
Eni has made a new gas discovery in the Great Nooros Area, located in the Abu Madi West Development Lease, in the conventional waters of the Nile Delta, offshore Egypt.
Ocean Energy Europe welcomes HydroQuest to its board
French tidal energy developer HydroQuest is joining the Ocean Energy Europe board of directors as a lead partner. Specifically, HydroQuest will be represented by Guillaume Gréau, head of business development. Building on a decade’s experience in developing river current turbines, in 2016 HydroQuest
Neptune extends CHC gig in Dutch North Sea
Neptune Energy has extended its contract with CHC Helicopters, covering the Dutch sector of the North Sea, for further two years.
COSCO Shipping Ports eyes stake in Guangxi Beibu Gulf Terminal
Port operator COSCO Shipping Ports Limited revealed plans to buy into Guangxi Beibu Gulf Terminal, a container terminal in China.
Ørsted names country manager in Japan
Ørsted has appointed Jun Kasamatsu as its new Country Manager for Japan, effective from 24 August. According to the Danish company, Kasamatsu is an experienced leader with over 20 years of professional experience in renewable energy, structured finance, and investment banking. “As Country Manager f
Energean inks two new gas sales agreements for Karish project
Energean has signed two new gas sales and purchase agreements (GSPAs) for the sale of gas from its Karish project located offshore Israel, which is expected to come online in the second half of 2021.
Wilhelmsen buys into Edda Wind
Wilhelmsen has entered into an agreement with Østensjø Group to acquire 25% of its offshore wind business unit Edda Wind. As part of the agreement, Wilhelmsen also secured an option to buy another 25% before June 2021. Edda Wind currently has two vessels in service and four service vessels on order
GALLERY: Lukoil installs jackets for ice-resistant platform in Caspian Sea
Russia’s Lukoil has completed the installation of the jackets of the fixed ice-resistant platform at the V.I. Grayfer field in the Caspian Sea.
Petrobras in talks with SBM Offshore for largest oil production unit in Brazil
SBM Offshore and Petrobas are in talks for the charter of an FPSO vessel for operations on the Buzios field located in the Santos basin, offshore Brazil.
Pan Ocean takes stake in US export grain terminal
South Korean shipping company Pan Ocean has wrapped up the acquisition of a minority stake in Export Grain Terminal (EGT), one of the largest export grain terminals on the US West Coast.