Business & Finance
James Fisher Marine Services Director Re-Elected to EEEGR Board
The trade body that has been representing the energy sector and its supply chain in the East of England for almost two decades, East of England Energy Group (EEEGR) has announced who will sit on its Board for the next three years. Among the successful candidates is Martin Dronfield of James Fisher M
Wellard Shrinks Debt with the Sale of MV Ocean Shearer
The main reason behind the sale of the giant vessel has been its underutilization.
FAR raising funds for Sangomar project off Senegal
FAR Limited is raising funds for its share of the development capex for the Woodside-operated Sangomar oil field development located offshore Senegal.
Petrofac bags two new North Sea deals
Petrofac has secured two new framework agreements for the provision of engineering, procurement, construction, and commissioning (EPCC) services.
SBM Offshore Inks FPSO Sepetiba Deals with Petrobras
SBM Offshore signs contracts with Petrobras for the 22.5-year lease and operation of FPSO Sepetiba.
Kvaerner, Aker Solutions, and Samsung to work together on FPSO projects
Kvaerner has revealed its plan to grow annual revenues to above NOK 10 billion ($1.1B) for the year 2023. In addition, Kvaerner has entered into an agreement with Samsung Heavy Industries and Aker Solutions for the joint delivery of FPSO contracts.
SAL Heavy Lift to Retrofit Ships with New Hydrogen-Methanol Injection System
SAL Heavy Lift becomes the world’s first shipping company to equip vessels with a new hydrogen/methanol technology.
Coastal Protection Works Proposed for Dundalk Bay Area
Louth County Council, Ireland, has announced its intention to carry out coastal protection works at two locations within the Dundalk Bay area. The first proposed works location is along the shoreline of Dundalk Bay, at an area called Seabank, approximately 2km east of Castlebellingham village. The s
ML Dredging to Complete Phase 2 of the Bucklers Hard Marina Project
ML Dredging are back on the Beaulieu River for the dredging phase 2 of the £2 million re-development at Bucklers Hard Marina. The Marina is close to the historical 18th century UK shipbuilding site at Bucklers Hard and the new investment is seen as securing the future of the marina over the next 25
Minister Wheelhouse Marks Completion of Caithness-Moray Subsea Link
The Scottish Government’s Minister for Energy, Connectivity and the Islands, Paul Wheelhouse MSP, marked the official completion of SSEN Transmission’s flagship Caithness-Moray HVDC link with a visit to Blackhillock substation in Moray. The £1bn transmission link, delivered on time and within regula
WIND to Set Up New Cable Accessories Warehouse
Dutch provider of full-service solutions for transport, handling and storage of subsea cables and flexibles, WIND, is building new cable warehouse in Velsen Noord, The Netherlands. In close co-operation with its landlord TMA Logistics, WIND has confirmed the design of its new warehouse. Planned for
Trump Administration Sanctions Iranian Shipping Network
OFAC designated an Iranian shipping network for alleged involvement in the smuggling of lethal aid from Iran to Yemen.
Velesto to provide jack-up rig for Mubadala’s Pegaga campaign
Velesto Drilling has been awarded a contract by UAE-based Mubadala Petroleum for the provision of a jack-up drilling rig for Pegaga development drilling campaign offshore Malaysia.
Request for Proposals for University Lakes Project
The LSU Real Estate and Facilities Foundation, an affiliate of the LSU Foundation, has issued a request for proposals seeking a project adviser for the University Lakes Project in Baton Rouge, LA, with a response deadline of 5 p.m. CST Friday, January 3, 2020. The RFP invites qualified firms to subm