Business & Finance

BW Offshore scores five-year deal for FPSO in Gulf of Mexico
FPSO leasing specialist BW Offshore has signed a five-year contract for the lease and operation of the BW Pioneer with MP Gulf of Mexico, LLC (MP GOM).

Jersey on track to deliver Greater Buchan Area concept despite coronavirus
UK-based oil and gas company Jersey Oil & Gas (JOG) is still on track to deliver the Greater Buchan Area development concept regardless of the coronavirus outbreak.

Coronavirus-Hit Grand Princess Departs from Oakland, All Guests Disembarked
Grand Princess left the Port of Oakland after all of its guests and half of the crew members disembarked the ship.

BW scales down Gabon spending, abandons options for additional wells
Due to the current low oil price environment and uncertanties in the market due to the coronavirus outbreak, BW Energy has decided to reduce its capital expenditures in Gabon. In addition, the JV will not exercise options for additional exploration wells.

ORN Wins $24 Million Gulf Coast Contracts
Orion Group Holdings, Inc. (ORN) yesterday announced contract awards totaling approximately $24 million. According to ORN, the Company’s Marine segment has been awarded two separate contracts to construct energy-related infrastructure on the Gulf Coast. “These projects enhance the backlog of our mar

Munger Landing Dredging Plan on the Table
The Minnesota Pollution Control Agency (MPCA), with input from the public, has selected a cleanup remedy for the sediment contamination at Munger Landing in the St. Louis River Area of Concern (SLRAOC), a collection of several contaminated sites in the St. Louis River and Duluth Harbor. The MPCA, al

Bender UK Names New O&G Technical Sales Manager
Bender UK has appointed Robbie Mewton as technical sales manager. He joined the business in 2016 as an applications engineer, working with customers to support the end-use application of Bender industrial products. Since January 2020, Mewton who is a certified offshore engineer, has progressed into

MSC Investigating How HSFO Was Left on Board MSC Joanna, Since Its EGCS Installation Was Delayed
MSC is looking into the matters that led to the carriage of HSFO on board of one its containerships.

KenzFigee Sets Up UK Base
Dutch offshore lifting equipment provider KenzFigee has now a market position in the UK with the opening of a branch office. KenzFigee UK will provide clients in the UK sector with access to the expertise, capabilities and support services direct from their hub in Aberdeen, Scotland. The company has

Construction Progresses at Hugh K. Leatherman Terminal
S.C. Ports Authority (SCPA) announced yesterday that construction work on the Hugh K. Leatherman Terminal’s new wharf is about 80% complete as construction progresses on Phase One of the new container terminal. The country’s newest container terminal, the Hugh K. Leatherman Terminal , is on track to

Tendeka inks four-year equipment supply deal in Malaysia
Global oil and gas solutions provider Tendeka has secured a four-year contract to supply its zonal isolation technologies across an unnamed client’s Malaysian assets.

KenzFigee expands with new UK subsidiary
Dutch offshore lifting equipment specialist KenzFigee has expanded its services to the UK with the creation of a new unit.

Yinson seals the deal for Vietnam FPSO
Malaysia’s FPSO operator Yinson has finally managed to secure a more long-term deal for its Lam Son FPSO, which is operating offshore Vietnam.

Team Tankers in Fleet Management Deals with Maersk Tankers, V.Group
Team Tankers enters into commercial management deals with Maersk Tankers, V.Group.