Business & Finance

MarineSpace secures work on Erebus floating wind project
MarineSpace has been appointed as the lead offshore environmental impact assessment (EIA) and consenting consultants for the 96MW Erebus floating offshore wind project in the Celtic Sea. MarineSpace will form part of a wider consultancy team, led by Offshore Wind Consultants (OWC) that will deliver

Tech Trio Joins Forces Under New Coretrax Brand
Three oil and gas technology companies have teamed up to offer an integrated and boundary pushing approach to well lifecycle integrity and production optimisation. Churchill Drilling Tools and US-based expandable tubular well specialist Mohawk Energy have joined with Coretrax under its new brand. Ke

Siccar Point delays sanction date for Cambo project due to coronavirus
Siccar Point Energy has decided to defer its planned sanction date for the Cambo project, located West of Shetland, to 2021 in light of the unprecedented worldwide macroeconomic dislocation resulting from Covid-19.

Meyer Werft: Impact of coronavirus on new cruise ship orders to be immense
Apart from the ongoing health crisis, the cruise industry is currently also faced with an economic crisis.

Hayling Island Coastal Protection Job Complete
This spring’s beach management activities at Hayling Island which consist of recycling beach material from Gunner Point and the Coast Guard Revetment to the Eastoke frontage are now complete, Eastern Solent Coastal Partnership (ESCP) reports. Contractor Les Searle Group moved over 33,000m³ of materi

Johan Sverdrup to Reach Plateau Production Ahead of Schedule
Equinor expects to reach plateau production from the Johan Sverdrup first phase in early May, earlier than anticipated. Due to higher plant capacity, plateau production will increase from around 440,000 barrels of oil per day to around 470,000 barrels per day. Plateau production was previously expec

Pipeshield marks good start of 2020
Tekmar’s subsea asset protection specialist Pipeshield has secured 20 new projects in the first quarter 2020 from customers in the UK, Europe, US, Middle East and Asia. Amongst a multi-million-dollar total value awards is a contract to supply over 90 4Te Precise Rock Placement Units (PRP’s) to the M

Pipeshield Marks Good Start of 2020
Tekmar’s subsea asset protection specialist Pipeshield has secured 20 new projects in the first quarter 2020 from customers in the UK, Europe, US, Middle East and Asia. Amongst a multi-million-dollar total value awards is a contract to supply over 90 4Te Precise Rock Placement Units (PRP’s) to the M

Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (March 23-29, 2020). Hopper Dredge Ellis Island Arrives in Carteret County As scheduled one the largest hopper dredges in the United States, the Ellis Island has arrived in Carteret County and is now pumping sand

Readers’ Picks of the Week
Here are the most read stories of the previous week.

Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (March 23 – March 29). https://subseaworldnews.com/2020/03/23/aker-solutions-to-provide-umbilicals-for-chevrons-gom-fields/ https://subseaworldnews.com/2020/03/23/kongsberg-boosts-em-2040-mkii-multibea

Maersk Gjertrud Seafarers Suspected of Having Coronavirus
A number of seafarers on board Gjertrud Maersk hospitalized after experiencing symptoms linked to Covid-19.

Meyer Werft: Impact of Coronavirus on New Cruise Ship Orders to Be Immense
Apart from the ongoing health crisis, the cruise industry is currently also faced with an economic crisis.

COVID-19: 96 pct of European wind turbine factories open
96 percent of Europe’s wind turbine and component manufacturing factories continue to operate, WindEurope said. Currently, only seven wind energy manufacturing sites are closed, according to WindEurope. All of them are located in Spain and Italy, the countries with the strictest lockdown regulations