Business & Finance
Equinor Completes Polish Offshore Wind Trifecta
Norway’s energy major Equinor has completed the acquisition of a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia. The Bałtyk I offshore location license allows for development of a wind farm with a capacity up to 1560MW of which Equinor will hold 50%. The co
K2 Management Reveals Dogger Bank Role
K2 Management is working as Lender’s Technical Advisor (LTA) on the Dogger Bank Creyke Beck A and B Wind Farms, two of the three projects which make up the Dogger Bank development. In September, all three wind farms, which make up the Dogger Bank development, were selected in the Contracts for Diffe
Nova to Develop Subsea Connector for WES; Breaks Crowdfunding Target
Scottish tidal energy company Nova Innovation has won a contract to develop an innovative subsea electrical connector for Wave Energy Scotland (WES). Nova’s MECMate subsea connector is tailored to meet the requirements of the marine energy environment. Nova Innovation engineering director, Gary Conn
Aker Energy chief executive resigns
Aker Energy has named Svein Jakob Liknes, most recently Aker Energy’s Head of Operations, to acting Chief Executive Officer following the decision by Jan Arve Haugan to resign.
AYOP Gets New Director
Sylvia Boer has been appointed as the new director of Amsterdam IJmuiden Offshore Ports (AYOP) and will take up her role on 1 February 2020. She will serve as the linchpin between members of the association for offshore companies, government bodies, and stakeholders. Boer’s appointment is designed t
Wilson Makes 2nd Purchase in 5,000 dwt Segment
Wilson ASA is to expand its fleet with two more 5,000 dwt bulk carriers.
Siemens Gamesa Green Guarantee Lines Reach EUR 1.5 Billion
Siemens Gamesa has completed a deal with Societe Generale to convert a EUR 230 million guarantee line to green, the third such line that the company has arranged so far this year, in addition to EUR 1.25 billion arranged with two other banks. Siemens Gamesa will use this line for its worldwide busin
Lake Lorraine Dredging VIDEO Update
Lake Front TV, the government access channel of the City of Leesburg, Florida, has just released the latest update on the Lake Lorraine dredging project. Speaking about the dredging process, Jean Paul, Project Manager of C&M Dredging, said: “We have a GPS-guided dredger out in the lake. Essentially,
Solstad and SBM Agree Normand Installer Extension
Solstad Offshore has secured a charter extension deal with SBM Offshore for the construction support vessel (CSV) Normand Installer. The extension follows the frame agreement from August 2018, under which SBM committed to charter the Normand Installer for 105 days in 2020. The new deal will now see
SBM adds more time to CSV Normand Installer charter
Dutch FPSO operator SBM Offshore has extended the charter for the construction support vessel (CSV) Normand Installer. The vessel is jointly owned by SBM and Solstad Offshore and has been on a contract to SBM since 2006. Solstad said on Tuesday that the contract had been extended from an original 10
New Long-Endurance Underwater Navigation Standards Set
New standards in long-endurance underwater navigation and automated subsea positioning have been set following the completion of a joint project led by Sonardyne International, with partners the National Oceanography Centre (NOC) and L3Harris. The two-year, £1.4 million Precise Positioning for Persi
2G Robotics Launches ROV Micro Inspection Skid
2G Robotics has officially released the Micro Inspection Skid, a new laser survey skid for Inspection Class ROVs developed in partnership with iXblue and Nortek. The Micro Inspection Skid is available for vehicles including the Saab Seaeye Falcon and the Seatronics VALOR. The plug-and-play design co
JDC secures additional work for Hakuryu-11 rig in Vietnam
Japan Drilling Company has secured additional work for its Hakuryu-11 jack-up, which will see the rig employed offshore Vietnam.
Dredge Yard Builds Customized Cutter Suction Dredger for WPC
Dredge Yard has received an order for a customized cutter suction dredger (CSD) from Western Potash Corp. (WPC), a development stage potash company based in Canada. “When designing a dredger for WPC, special attention was paid to achieve a solution that would be as ecologically and economically resp