Business & Finance
Golar LNG Postpones Shipping Spin-Off to 2020
Golar LNG has delayed plans to separate its tri-fuel diesel-electric (TFDE) LNG carrier business.
Subsea 7 firms up Julimar award as Woodside takes FID on project
Subsea 7 has confirmed a substantial contract award by Woodside for the execution of phase 2 of the Julimar-Brunello Project located offshore Australia.
Subsea 7 Firms Up Julimar Deal
Subsea 7 has confirmed a contract by Woodside for the execution of phase 2 of the Julimar-Brunello Project. This contract was awarded to Subsea 7 earlier this year, subject to the final investment decision of the Julimar-Brunello joint venture participants (Woodside and KUFPEC), which has now occurr
Seadrill grabs multi-well contract for West Carina drillship
Offshore drilling company Seadrill has won a contract for its West Carina drillship with Thai PTTEP.
Frontline Secures USD 544 Mn for Ten Trafigura Tankers
Frontline has secured funds from China’s ICBCL that would enable the company to complete the acquisition of ten Trafigura ships.
Wintershall Dea sees production growth, decides to spend less
German oil and gas company Wintershall Dea boosted its production during the third quarter of 2019 and increased guidance for the full year. The company has also decided to reduce capex for the full year by 100 million euros. DEA Deutsche Erdoel and Wintershall Holdings completed their merger agreem
TÜV NORD Certifies Prototype Siemens Gamesa 10MW Turbine
TÜV NORD has completed the certification of the prototype Siemens Gamesa 10.0-193 DD offshore wind turbine. TÜV NORD said it had evaluated the design of the prototype according to the IECRE scheme and corresponding Operational Documents. Furthermore, a prototype certificate was prepared according to
TÜV NORD Certifies Prototype Siemens Gamesa 10MW Turbine
TÜV NORD has completed the certification of the prototype Siemens Gamesa 10.0-193 DD offshore wind turbine. TÜV NORD said it had evaluated the design of the prototype according to the IECRE scheme and corresponding Operational Documents. Furthermore, a prototype certificate was prepared according to
East San Pedro Bay Plan on Display
The U.S. Army Corps of Engineers’ Los Angeles District is preparing to release a draft report recommending restoration of aquatic habitat within East San Pedro Bay. The City of Long Beach is the local sponsor, said USACE. The report identifies a Tentatively Selected Plan, which would be the Corps’ f
Monjasa Boosts Credit Facilities ahead of IMO 2020
The company is securing “flexibility to navigate the volatile oil and shipping markets.”
Maersk Drilling gets more work for jack-up and drillship
Danish offshore drilling contractor Maersk Drilling has secured more work for a jack-up rig and a drillship offshore the UK and Africa, respectively.
Final Phase of the Ashland Lakefront Project Complete
After more than seven years of work that involved the safe removal of thousands of tons of impacted sediment and debris and the installation of a long-term monitoring and treatment system, crews have completed the final phase of active construction at the Ashland Lakefront Project. “The entire area
Deep Casing Tools Teams Up With Paschoalin in South America
UK-based oil and gas technology development firm, Deep Casing Tools (DCT), has strengthened its footprint in the South American market with the appointment of a Brazil-based partner, Paschoalin Consultoria em Engenharia. The company will represent Deep Casing Tools within the region and act as a sal
CMA CGM Raising USD 2 Bn through Sale of Vessels, Terminal Stakes
The company is raising cash to finance its acquisition of CEVA Logistics.