Business & Finance
UK ERRV provider eyes offshore wind sector
UK company North Star has revealed that it is planning to deliver a new fleet of vessels to support the offshore wind maintenance market. North Star, which owns and operates emergency response and rescue vessels (ERRVs) in the North Sea, has also set up the North Star Renewables business. The news c
Enagas and BP partner on LNG, CNG as fuel in Spain
Enagas and a unit of BP have teamed up to promote the use of LNG and CNG as fuel for the transport sector in Spain as part of a move to reduce emissions. The collaboration deal signed on Thursday also includes the promotion of renewable gases, and entrepreneurship and innovation projects. Enagas, th
Siemens, Stadtwerke München take stake in Awel y Môr offshore wind farm
Stadtwerke München and Siemens Financial Services have joined RWE in developing the Awel y Môr offshore wind farm by acquiring a 30 per cent and 10 per cent stake in the project, respectively. RWE, which now holds 60 per cent share of the project, is leading the development of the offshore wind farm
Hurricane Energy chief operations officer passes away
Chief operations officer (COO) and executive director of London-listed oil explorer Hurricane Energy has passed away.
SeeByte getting new chief executive officer
Software developer for unmanned maritime systems SeeByte has appointed Dr Chris Haworth as the company’s new chief executive officer. The appointment becomes effective August 2020. At the same time, Dr Scott Reed will become SeeByte’s chief technology officer. For Haworth, this is a promotion from p
Viaro to acquire RockRose Energy for $308 million
Independent energy company Viaro Energy has made an offer for the acquisition of the entire share capital of UK-based oil and gas company RockRose Energy.
Equinor awards Statfjord engineering and installation job to Apply
Equinor has awarded Apply a framework agreement for engineering and installation services on the Statfjord field located in the North Sea.
Flex inks new charter deals as LNG fleet count rises
Flex LNG, the shipping company controlled by billionaire John Fredriksen, has secured new charter deals as it prepares to take the delivery of another newbuild vessel. South Korea’s Daewoo Shipbuilding & Marine Engineering will deliver the 173,400-cbm Flex Artemis in August. Following delivery, the
Maersk to acquire Swedish customs service specialist
A.P. Moller – Maersk has reached an agreement with Bridgepoint Development Capital to acquire KGH Customs Services (KGH), a Sweden-based specialist in trade and customs management services in Europe. The move is aimed at bolstering Maersk’s capabilities as an integrated container logistics company.
Spirit hits dust in Barents Sea well
Spirit Energy has drilled a dry well near the Johan Castberg field in the Barents Sea offshore Norway.
11 industry majors pave way for accelerating energy transition
Eleven industry majors including AWS, Carrefour Group, CMA CGM Group, Cluster Maritime Français, Crédit Agricole Corporate and Investment Bank, Engie, Faurecia, Michelin, Schneider Electric, Total and Wärtsilä have formed a coalition for the energy of the future. The coalition aims to accelerate the
OOS International expands with offshore design company buy
Dutch offshore services provider OOS International has expanded its portfolio with the acquisition of Leenaars Marine & Offshore Design (LMO).
ESPO: EU taxonomy should recognise ports’ decarbonisation, greening strategies
The European Sea Ports Organisation (ESPO) said it supports the initial aim of the EU taxonomy framework to encourage private investors to prioritise green and sustainable investments by providing them a clear manual with common definitions.
COSL Drilling eyes new North Sea contract for semi-sub rig
COSL Drilling Europe has signed a letter of intent for the use of COSLInnovator rig on the Norwegian Continental Shelf starting early next year.