Norwegian seabed seismic services player Magseis said it has completed the initial part of Saudi Aramco’s seabed seismic survey together with its partner BGP. Following a short yard stay and mobilisation the company said that the crew has now begun acquisition on the extension that was previously an
Tidal Energy Today has recapped the news from wave and tidal energy sectors that have marked the month of April 2017.
The container shipping market has seen a bit of a flop since the onset of the global financial crisis back in 2008, however, the things have started to look a little bit better recently, according to Clarksons Research. Containership earnings have spent most of the period since the onset of the glob
Tidal Energy Today has compiled the top news from tidal and wave energy industry from April 24 – 30, 2017.
Two days ago, at the Gulf Property Show, Bahrain Marina Development Company took the opportunity to present the masterplan for its project, the Bahrain Marina. As the lead design consultant for the project, Benoy delivered the entire 316,000m² masterplan. Bahrain Marina Development also announced th
UK-based renewable energy consultancy SgurrEnergy will formally rebrand as Wood Group from early May 2017.
Dutch marine contractor Heerema Marine Contractors has been awarded the first two contracts for the Sleipnir, the world’s largest semi-submersible crane vessel. The first contract is from Noble Energy Mediterranean, Ltd. for transportation and installation services associated with the Leviathan prod
Dubai-based port and terminal operator DP World Limited has handled 16.4 million TEU across its global portfolio of container terminals in the first quarter of 2017, with gross container volumes growing by 5.7% year-on-year on a reported basis. “There are signs of a gradual improvement in the market
Marine logistics services provider Atlantic Navigation has been awarded a $45.2 million project for the purchase and removal of decommissioned offshore and onshore facilities by a Middle Eastern national oil company (NOC). The company said on Tuesday that the contract was won by its subsidiary, Atla
The recovery of liquefied natural gas (LNG) freight rates is not expected to start before the latter part of next year, mainly due to the excess vessel supply which is set to reduce only gradually, according to shipping consultancy Drewry. Given the mounting pressure on freight rates and continuing
Offshore driller Ensco has been awarded several contracts and contract extensions for its jack-up rigs. In its fleet status report on Monday, the driller said that the 2005-built jack-up rig Ensco 106 was awarded a four-well contract with Sapura Energy offshore Malaysia, which started in March 2017
Cumulative installed wind power capacity will top 800GW by the end of 2021, with offshore wind establishing a firmer foothold outside Europe in the next several years, according to a report by the Global Wind Energy Council (GWEC).
Offshore services provider DeepOcean has been awarded a contract for the provision of post-lay trenching and backfilling works on 56 kilometers of power cable offshore UAE. DeepOcean said that the contract award came on the back of two completed projects offshore UAE in 2016 and early 2017. The comp
Royal IHC has released a video showing the construction and launch ceremony of the 8,000m³ TSHD SHANTI SAGAR 17. The new trailing suction hopper dredger – built for Adani Group- was lunched at IHC’s shipyard in Krimpen aan den IJssel, the Netherlands, on 31 March 2017. This is the first of two Beagl
