Business & Finance
NextDecade delays Rio Grande LNG FID
US LNG project developer NextDecade has delayed the financial investment decision on its 27 mtpa Rio Grande LNG project to 2021.
Blyth Dredging About to Begin
A Port of Blyth maintenance dredging program is set to begin Wednesday, May 20, the port said in their latest release. This campaign of maintenance dredging will be conducted at the Port approaches, main navigational channel and operational commercial berths. The Port of Blyth dredging works will in
VIDEO Dredging Trench for Wind Farm by Herbosch-Kiere
Herbosch-Kiere nv, a company specialized in river, port, coastal and offshore projects, has just released this beautiful video of their barge Gaverland, taken during the dredging and backfilling works on a 350m trench in the shallow nearshore tidal zone at Courance beach in France. The project is fo
Total drops pursuit of Occidental’s Ghana assets
French oil major Total has discontinued the acquisition of Occidental Petroleum’s assets in Ghana and, in doing so, preserved the company’s financial flexibility.
Roxtec UK names new marine and offshore manager
Roxtec UK is increasing its presence in Britain’s maritime sector with the appointment of Mark Whelan as a new marine and offshore manager. Whelan will have responsibility for business development in the south of England. Mark Whelan joins the Swedish-owned company having spent 10 years at another i
Cable tech pioneer Enertechnos raises £5M
UK clean energy technology innovator Enertechnos said it has raised £5 million in a Series A funding round. The round secured further 30 per cent backing by existing investors. The remainder were provided by individual investors, including energy and engineering specialists alongside former cabinet
Offshore Wind Consultants settling in Japan
Offshore Wind Consultants (OWC) is setting up an office in Tokyo to support the Japanese offshore wind market. OWC stated that it had previously worked in Japan’s offshore wind sector from its office in Taipei, Taiwan. “The Japanese government has announced big ambitions when it comes to renewables
Cost-cutting measures, stronger freight rates help HMM narrow loss in first quarter
South Korea’s shipping major HMM closed the first quarter of this year with a significantly narrowed net loss, driven mostly by the company’s cost-reduction measures and high profitability of tanker business.
Wood Island Dredging Proposal on the Table
The U.S. Army Corps of Engineers, New England District is proposing to perform maintenance dredging of the Wood Island and Pool at Biddeford Federal Navigation Project (FNP) in Biddeford, Maine. The proposed work involves maintenance dredging of portions of the 10-foot-deep Mean Lower Low Water (MLL
Qatar Petroleum enters two Total blocks off Ivory Coast
State-owned Qatar Petroleum (QP) has entered into an agreement to acquire stakes in Total’s two exploration blocks offshore the Ivory Coast.
Siemens Gamesa signs Hornsea Two bank guarantee line
Siemens Gamesa has signed a bank guarantee line for up to EUR 600 million to cover the construction of components for the 1.4 GW Hornsea Two offshore wind farm. Located in the North Sea and owned by Danish utility company Ørsted, the farm will consist of 165 Siemens Gamesa wind turbines. BNP Paribas
Meeting Set for PONO Channel Deepening Study
The U.S. Army Corps of Engineers, New Orleans District, has scheduled a virtual public meeting regarding the Port of New Orleans Access Channel Deepening Feasibility Study (PONO) at 1 p.m. on Wednesday, May 20, 2020. A Tentatively Selected Plan (TSP) has been identified to deepen the access channel
North Carolina issues call for offshore wind supply chain study
The North Carolina Department of Commerce has issued a Request for Proposals (RFP) to solicit an offshore wind supply chain and infrastructure assessment. The analysis will identify North Carolina’s existing strengths and capabilities relating to the offshore wind sector, and help develop a strategi
Alfa Laval wants to become carbon neutral by 2030
Alfa Laval, a Swedish-based supplier of products and solutions for heat transfer, separation and fluid handling, has joined the ‘1.5°C Business Playbook’, a spin-off from the ‘Exponential Roadmap’ initiative. The playbook is a guide for climate strategy and action, and it aims to transform the econo