Business & Finance
Petrofac bags $100 million in contract renewals
Oilfield services provider Petrofac has secured contract renewals in the UK totalling $100 million.
Van Oord details French offshore wind work
Van Oord is set to start its offshore operations at the French Saint-Brieuc offshore wind farm in 2021 with the installation of pin piles. The Dutch company will use its installation vessel Aeolus, which will in 2022 be assisted by a second vessel to install the jackets foundations. In April, Van Oo
Norden had its best first quarter since 2015
Although the first quarter of this year was characterised by weak spot rates in dry cargo and strong spot rates in tankers, Danish shipping company Dampskibsselskabet Norden A/S delivered an adjusted result of $29 million, compared to $7 million seen in Q1 2019.
PHOTO: Hopper Dredger Westport Back in Anchorage
Manson’s hopper dredger Westport is back in Anchorage – with her very experienced crew – for the final round of a three-year maintenance dredging contract for U.S. Army Corps of Engineers, in support of the Port of Alaska. The purpose of this project was to provide annual maintenance dredging at the
Window of suspension for PetroNor’s arbitration in Senegal
Oil and gas company PetroNor has reached a mutual agreement with the Government of Senegal to suspend the arbitration related to a dispute for two offshore blocks.
Stabilizing Dunes at Merimbula’s Main Beach
Bega Valley Shire Council is working to stabilize dunes and infrastructure at the northern end of Merimbula’s Main Beach as large ocean swells continue to play havoc, heavily eroding the beach between Mitchies Jetty and Ford Park. Director, Community, Environment and Planning, Alice Howe, said that
Siemens Gamesa reports € 56 million COVID-19 hit in Q2 2020
The ongoing COVID-19 pandemic affected Siemens Gamesa’s operations and commercial activity, leaving a € 56 million mark on the company’s profitability in its second quarter of the fiscal year 2020 (January–March). Siemens Gamesa adjusted its operations to employ COVID-19 health and safety measures,
Equinor to close Hammerfest LNG plant for maintenance
Norwegian energy giant and LNG operator Equinor will be closing its Hammerfest liquefied natural gas export plant as part of planned maintenance in May. Equinor will shut down the liquefaction facility located on Melkøya Island for two weeks starting in the second half of this month. The closure of
Mariposa Lake Restoration VIDEO
Jasper County Conservation has just released this beautiful video about their Mariposa Lake Restoration Project. According to the Conservation, this very important restoration project started in 2018. Due to high levels of sediment washing in from the watershed, dredging was required to restore the
Equinor divests Lundin shares after boosting exposure in Johan Sverdrup
Norwegian oil and gas company Equinor has divested its minority shareholding in Swedish oil and gas company Lundin Energy.
US Port of Long Beach joins LNG fuelling coalition
The Port of Long Beach, the USA’s second-busiest container port, has joined the SEA-LNG industry coalition. The Californian port is the third North American port to join the coalition and brings SEA-LNG’s count of port members to a total of seven, the coalition said in a statement on Tuesday. These
Hoarafushi Work Progresses According to Schedule
The HA. Hoarafushi airport development project is moving forward according to schedule, Maldives Transport and Contracting Company (MTCC) reports. At the moment, an asphalt plant and accessories have been transferred to HA. Hoarafushi. “Asphalt plant installation and testing works will be carried ou
CPRA Webinar on Barrier Island Restoration
Darin Lee, Louisiana Coastal Protection and Restoration Authority’s Barrier Island Comprehensive Monitoring Program Lead, will host a presentation on barrier island restoration in coastal Louisiana today. The presentation will focus on the long-term projections of island loss and the impact of vario
Total boosts Q1 LNG sales
French energy giant Total logged a 27 per cent year-on-year rise in first-quarter liquefied natural gas sales. Total’s LNG sales volumes reached 9.8 million tonnes in the first quarter, compared to 7.7 million tonnes in the January-March period last year. Total sold 10.6 million tonnes of chilled fu