Business & Finance

EIA consultation period opens for Danish nearshore wind farms
The Danish Energy Agency (DEA) has launched the public consultation period regarding the new environmental impact assessment (EIA) reports for the Vesterhav Syd and Vesterhav Nord nearshore wind farms. Interested parties are free to submit responses and comments on the new environmental impact repor

Spirit Energy picks NHV for transfer services in East Irish Sea
Helicopter operator NHV Group has won a new long-term contract with Spirit Energy to provide passenger transfer services in support of their East Irish Sea operations.

SMM Hamburg postponed to February 2021
SMM Hamburg, the world’s largest international shipbuilding and marine industry fair, which usually takes place in September has been rescheduled due to the coronavirus pandemic measures still in place. “Looking at the restrictions on major events as well as the international travel bans due to the

Awilco LNG swings to Q1 profit
Norwegian LNG transportation provider Awilco returned to profit in the first quarter of the year.

Total’s profit slips as oil prices tumble
Total recorded a 35 per cent decrease in its first quarter profit as oil prices tumbled during the period.

VIDEO Markermeer Project by Boskalis
Royal Boskalis Westminster N.V. has just released this amazing video named ‘How we made our mark in the Markermeer lake’. In March 2016, Boskalis started work on the first stage of one of the largest nature restoration projects in western Europe – Marker Wadden. The project aimed to transform the ec

Deltares, Wageningen University: New Approach to Hydrological Modelling
Water managers are continuously making decisions to guarantee water safety. These decisions relate to the short term, for example ongoing droughts or, precisely, when there is a risk of flooding. But they can also affect the long term given the more extreme events caused by climate change. All these

Petrofac puts Awilco rig on standby rate
Petrofac has postponed the beginning of the plug & abandonment program on Rubie and Renee fields in the UK North Sea. As a result, Awilco Drilling’s rig has been put on standby.

East Anglia One, Hornsea One offshore wind projects start getting phase 2 CfD payments
The second phases of the East Anglia One and Hornsea One offshore wind projects in the UK have begun receiving payments under their Contracts for Difference (CfDs). This means that 285 MW from East Anglia One and 400 MW from Hornsea One have passed their Operational Conditions Precedent (OCPs) and a

Oceaneering execs take pay cuts
Oceaneering board has approved voluntary base salary reductions of the executive management and other members of senior management. Effective 1 May, the company’s CEO Roderick A. Larson agreed to base salary reduction of 15 per cent. Base salaries for executive level, including the executive leaders

Solstad Offshore finds work for six vessels
Norwegian vessel owner Solstad Offshore has entered into medium-term contracts for six of its vessels with undisclosed clients.

VIDEO Damen DOP250 Dredge Pump in Italy
Damen Shipyards has just released this beautiful video about their DOP250 dredge pump on a wire crane, doing a beach replenishment job on the Mediterranean coast in Italy. Due to coastal erosion the beach in the Gulf of Follonica has diminished rapidly, said Damen. The DOP submersible dredge pump ha

New manager joins Xodus
Xodus Group has appointed Nigel Underwood as a new manager to head up the company’s London subsea and pipelines division. Nigel Underwood will oversee Xodus’ international subsea and pipelines work, from concept through to detailed design and delivery. Underwood joins Xodus from Petrofac, where he w

Peel Marina Dredging Moves Ahead
The Peel Marina dredging program, located in the town of Peel, Isle of Man, is moving forward according to schedule, Land & Water just announced. “As part of a large-scale project, we have constructed a temporary draining lagoon in a field upstream of the marina. Now, our team is using a long reach