Business & Finance

Northland Power agrees to buy Canadian offshore wind project
Canadian energy company Northland Power has agreed to buy the NaiKun offshore wind farm project from compatriot NaiKun Wind Energy Group. The NaiKun offshore wind farm is located in the Hecate Strait between Haida Gwaii and Prince Rupert on the British Columbia mainland. The project is in the early

Svitzer Bags Five-Year Contract Extension with NuStar
Svitzer has secured a five-year extension of its marine service contract with NuStar.

Siemens Gamesa freezes production at Hull factory
Siemens Gamesa Renewable Energy has paused production at its blade factory at Alexandra Dock in Hull, UK, following the COVID-19 outbreak and subsequent governmental recommendations.

BHP hires McDermott for Trion floating production unit pre-FEED
McDermott has been awarded a sizeable contract by BHP to provide pre-FEED services for a floating production unit (FPU) that will be installed at the Trion field offshore Mexico.

MarineSpace secures work on Erebus floating wind project
MarineSpace has been appointed as the lead offshore environmental impact assessment (EIA) and consenting consultants for the 96MW Erebus floating offshore wind project in the Celtic Sea. MarineSpace will form part of a wider consultancy team, led by Offshore Wind Consultants (OWC) that will deliver

Shell taps Aker Solutions for brownfield services job in Brunei
Aker Solutions, in a joint venture with PTAS Sdn Bhd, has signed a five-year agreement to provide offshore maintenance and modification services to Shell in Brunei.

Shell taps Aker Solutions for brownfield services job in Brunei
Aker Solutions, in a joint venture with PTAS Sdn Bhd, has signed a five-year agreement to provide offshore maintenance and modification services to Shell in Brunei.

Tech Trio Joins Forces Under New Coretrax Brand
Three oil and gas technology companies have teamed up to offer an integrated and boundary pushing approach to well lifecycle integrity and production optimisation. Churchill Drilling Tools and US-based expandable tubular well specialist Mohawk Energy have joined with Coretrax under its new brand. Ke

Milestone for the City of Whyalla New Jetty Project
Maritime Constructions workers recently celebrated the last plank being put in place for the City of Whyalla new iconic loop jetty. This completes the major structure of the new jetty with all 102 piles being driven and the concrete blocks laid, the length of the jetty now measuring the full 165m, r

Petrobras’ charter for BW Offshore’s FPSO expires with no firm plan in sight
The charter agreement and services agreement for the BW Offshore-owned FPSO Cidade de São Mateus with Brazilian oil major Petrobras has ended.

Siccar Point delays sanction date for Cambo project due to coronavirus
Siccar Point Energy has decided to defer its planned sanction date for the Cambo project, located West of Shetland, to 2021 in light of the unprecedented worldwide macroeconomic dislocation resulting from Covid-19.

Meyer Werft: Impact of coronavirus on new cruise ship orders to be immense
Apart from the ongoing health crisis, the cruise industry is currently also faced with an economic crisis.

CMA CGM-Chartered Boxship Runs Aground in Mississippi River
A Liberia-flagged containership ran aground in the Mississippi River on March 27.

Surveying Felidhoo Harbor
A survey operations for breakwater, revetment and quay wall for the V. Felidhoo Harbor extension project were successfully completed on March 28,2020, the Maldives Transport and Contracting Company (MTCC) reports. The work focused on detailed surveys including bathymetry of basin and channel, bathym