Business & Finance

MODEC firms up deal to provide first FPSO for Senegalese waters
MODEC has signed a contract with Woodside to supply a floating production storage and offloading (FPSO) vessel for the Sangomar field development Phase 1 project located in the Sangomar Offshore and Sangomar Offshore Deep oil blocks, offshore Senegal.

Saipem Taps Cathie for Neart na Gaoithe Job
Geoscience and geotechnical engineering consultancy Cathie has been contracted by Saipem to provide interpretation of the geotechnical conditions encountered at the Neart na Gaoithe (NnG) offshore wind farm situated off the Fife coast in the UK. Cathie has also played a key role in the characterizat

Deep Down hired for two emergency umbilical repairs
Houston-based oilfield services company Deep Down has received orders from two independent oil and gas operators for emergency umbilical repairs.

Report: Georgia Revokes Deal with Anaklia Development Consortium
The Government of Georgia has reportedly canceled the contract with the Anaklia Development Consortium.

Global OTEC Resources Opens Applications for Energy Purchase
Global OTEC Resources has announced that islands in the Maldives can apply to be off-takers of its first OTEC demonstration barge which is set for launch next year. Applications are now open until January 31, 2020, to buy energy produced by an England-based clean energy systems developer. Ocean ther

Red Rock Crane Package for New Trailing Suction Hopper Dredger
Keppel FELS in Singapore has awarded Red Rock a contract for the delivery of two cranes for the new build Trailing Suction Hopper Dredger (TSHD) for a Dutch shipowner. According to Red Rock, the two cranes are tailor made and fit for purpose to best serve the needs of the shipowner. The company also

Government of Georgia to Cancel Anaklia Deal
The Government of Georgia will begin procedures for cancelling the investment contract signed between the Anaklia Development Consortium and the government. According to a statement released by Ministry of Regional Development and Infrastructure, the Georgian government decided to launches procedure

Ocean Alliance Unveils Day 4 Product Deploying 325 Boxships
The new service offering would see the shipping majors deploy a total of 325 containerships.

Update: Methanol Poisoning behind Illness of Brazilian Contractors
The affected persons reported this to our crew approximately 36 hours after consumption.

Petrobras Staying Clear of Strait of Hormuz for Now
Perobras ships will avoid transit through the Strait of Hormuz.

SeaBird booked for 3D seismic survey in Asia
SeaBird Exploration has received a letter of award for a 3D survey in Asia.

Seabird Scores Asia 3D Survey
Oslo-listed seismic player Seabird said it has received a letter of award for a 3D survey in Asia. The survey starts at the end of Q1 and is expected to be completed in Q2 this year. The company said it will use a third party vessel and equipment for this survey as it seeks to […]

Yang Ming to Strengthen Intra-Asia Presence
Yang Ming is to launch a new Taiwan-Japan service (JCH), further enhancing its intra-Asia service network.

Jordan Cove Dredging Plan Gets OK
The Coos Bay City Council voted earlier this week to approve the latest step towards developing the Jordan Cove liquefied natural gas (LNG) pipeline. The decision, passed four to three by council members, gives approval to dredge a section of Coos Bay for the Jordan Cove Energy Project, KLCC reports