Business & Finance

Wärtsilä Scrubber Wins Type Approval in China
Wärtsilä’s exhaust gas cleaning system has received a Type Approval from the China Classification Society (CCS).

New CEO for Ocean Installer
Ocean Installer has appointed Odd Strømsnes as the company’s new CEO. Strømsnes was most recently managing director at TIOS, a Technip FMC and Island Offshore joint venture. He was also managing director for Technip Norge from 2010 to 2016. Interim CEO Kevin Murphy will continue as deputy CEO. “We a

ADES secures contract renewal for jack-up rig
ADES International has secured a contract renewal for the Admarine 262 jack-up rig.

Australian Govt Seeks Input for Offshore Wind Regulatory Framework
The Australian Government is seeking feedback on the proposed regulatory framework for offshore wind and other offshore clean energy technologies. The government is developing the regulatory framework to enable the exploration, construction, operation and decommissioning of offshore wind and other c

Cosco Boxship Hit by a Fire
A fire broke out on board Cosco Pacific, off Indian coast.

Carnival Cruise Ship Discharges Grey Water at Port Canaveral
A cruise ship operated by Carnival Cruise Line spilled grey water from non-sewage waste water systems at Port Canaveral.

New player joins Premier and Rockhopper in Sea Lion project
Rockhopper Exploration and Premier Oil have signed a detailed heads of terms with Navitas Petroleum to farm in for a 30 percent interest in the Sea Lion project located offshore the Falkland Islands.

DEME Sets Up SeaMade Foundations
Dredging, Environmental and Marine Engineering (DEME) has completed the installation of 58 monopile foundations and two offshore substation foundations at the SeaMade offshore wind farm in the Belgian North Sea. Installation works kicked off in September 2019 with DEME’s offshore installation vessel

Inland Dredging Wraps Up Work on Ten Memphis District Harbors
The U.S. Army Corps of Engineers’ Memphis District has several missions associated with the Mississippi River. One of the most important is to keep the river channel at a depth that allows the river barge industry to dependably transport goods up and down the river. To deliver on this charge, the Me

Sempra Energy, Saudi Aramco Units Ink IPPA for Port Arthur LNG Export Facility
Sempra LNG and Aramco Services Company have signed an interim project participation agreement for Port Arthur LNG.

Fugro to Pay $26.8M for Charter Termination
Dutch subsea and survey specialist Fugro said it has lost an arbitration case involving Tasik Toba Subsea over termination of a long-term-chartered DP3 diving support vessel, the Southern Star. An arbitration tribunal ruled that Fugro should not have terminated the charter contract with Tasik and aw

EDS HV Opens New Office in Stafford
EDS HV, a high voltage engineering solutions provider to the renewables industry, has expanded operations with the opening of a new Midland’s office in Stafford. The new Midlands location means greater geographical coverage, providing a central meeting place that saves time for both clients and EDS.

Premier expands in UK North Sea through BP and Dana deals
Premier Oil has made agreements for acquisitions of the Andrew Area and Shearwater assets from BP for $625 million, and an additional 25 percent interest in the Premier-operated Tolmount Area from Dana for $191 million plus contingent payments of up to $55 million.

FinCo Fuel Acquires Controlling Stake in Biofuel Company GoodFuels
FinCo Fuel Group takes a majority stake in GoodNRG, a compatriot holding company of renewable fuels pioneer GoodFuels.