Business & Finance
Equinor responds to coronavirus outbreak with changes to executive committee
Norwegian oil and gas major Equinor has decided on temporary changes to the corporate executive committee to respond to the coronavirus outbreak.
Anders Onarheim Remains CEO of BW LPG
Anders Onarheim will continue as CEO of the LPG shipping company BW LPG.
KenzFigee Establishes UK Presence
Dutch offshore lifting equipment provider KenzFigee has expanded its services to the UK. KenzFigee (UK) Ltd. will provide clients in the UK sector with its services directly from its hub in Aberdeen, Scotland. According to the company, the move comes due to a growing demand for offshore expert equip
Sonardyne Forms New Parent Company
The owners of marine technology specialist Sonardyne have formed a new parent company to increase the breadth and capabilities available to customers across the organisation’s independent subsidiaries. Sonardyne Group will align and harness the joint strengths of Chelsea Technologies, EIVA, Wavefron
Supergen ORE Hub Launches Second Offshore Renewables Funding Call
The Supergen Offshore Renewable Energy (ORE) Hub has launched the second round of Flexible Funding to advance research into the opportunities and challenges of offshore wind, wave and tidal energy. This second round will award up to GBP 1.2 million to researchers at UK Higher Education Institutions
Sonardyne Adds New Managing Director
Sonardyne International has appointed Graham Brown as its new managing director. Graham, who takes over the role from John Ramsden on April 01, has served on Sonardyne International’s board from 2008, most recently as sales and marketing director and deputy managing director. John, who has been Sona
Jenkins Marine Acquires Dredger C.H. Horn
Jenkins Marine Ltd. has just announced the purchase of the grab hopper dredger C.H. Horn from the Poole Harbor Commissioners (PHC). This is a significant investment in the dredging fleet for Jenkins Marine who have now secured a new ten-year contract to perform dredging services and provide marine s
Stena Line to Axe 950 Jobs in Response to Coronavirus Impact
Stena Line has unveiled its plans to lay off 950 workers in Sweden.
Exmouth Tidal Defense Scheme – Completion Set for Spring 2021
Work on the £12 million Exmouth tidal defense scheme will stop over the summer holiday period to minimize disruption for residents and visitors, informs the Environment Agency. According to the update, construction will restart in September with a focus on Alexandra Terrace junction and the improved
Pict Offshore to Expand Production of Ladder-Less Offshore Wind Access System
Pict Offshore has received a GBP 250,000 Regional Selective Assistance grant from Scottish Enterprise to expand production of the Get Up Safe (GUS) ladder-less access system at its site in Inverkeithing, Fife. The Get Up Safe system is a motion-compensated hoist solution that enables technicians to
PetroNor taking cost-saving measures amid low oil price environment
PetroNor E&P is taking a number of cost-saving measures to ensure the company is appropriately structured in the current low oil price environment.
EU Sets Aside EUR 980 Million for Clean Energy Infrastructure
The European Commission has released EUR 980 million of funding for key European energy infrastructure projects with major cross-border benefits. The EU funding comes from the Connecting Europe Facility (CEF), the European support programme for trans-European infrastructure. This is seen as a crucia
Frontline Wraps Up Acquisition of 10 Suezmaxes from Trafigura
Frontline has closed the acquisition of 10 Suezmax tankers from Trafigura Maritime Logistics.
Noble Corporation replaces CFO after only three months
Offshore drilling contractor Noble Corporation has named a replacement for its departing chief financial officer (CFO).