Business & Finance

PanGeo Orders Caiman IQ Software
Caiman Software Developments has been awarded a contract by PanGeo Subsea to supply and implement its ‘Caiman IQ’ software system as an integral part of the client’s business management system. Lynne Adu, PanGeo’s vice president Commercial said: “PanGeo Subsea is happy to be working with Caiman Soft

New COO elected at Wintershall Dea
Oil and gas company Wintershall Dea has appointed a new chief operating officer (COO) of the company.

Neptune Energy hires managing director for UK
Oil and gas company Neptune Energy has named a new managing director for the UK.

DEME’s Split Barge Deugniet Hits the Water
Deugniet, a twin vessel of DEME’s other newbuild split barge Bengel, was successfully launched in Batam, Indonesia, today. The 3.500m³ split hopper vessels, designed and built by Royal IHC, are intended to be used in combination with DEME’s large cutter suction dredgers, such as the Spartacus, also

Lowestoft Coastal Protection Project Progresses
Coastal Partnership East and contractors, the Water Management Alliance, are currently carrying out repair and maintenance work at Lowestoft, Suffolk. Repair and maintenance operations are spread across the sea wall from South Pier/Fisherman’s Wharf heading south. The project will be undertaken acro

Triton Knoll Construction Team Settles Offshore
Innogy has chartered the service operations vessel (SOV) Esvagt Froude to provide offshore accommodation to the construction management team working on the Triton Knoll wind farm located off the Lincolnshire coast, UK. This is the first time for innogy to established its team offshore rather than at

Nexans Names Director Candidates
French cable supplier Nexans has appointed Jane Basson and Sylvie Jéhanno as censors with a view to proposing their candidature as members of the board of directors to the 2020 shareholders’ general meeting. As censors, Jane Basson and Sylvie Jéhanno will attend board of directors meetings with a co

EIB Loan for TenneT’s Dutch Offshore Wind Grid Expansion
The European Investment Bank (EIB) has signed a EUR 250 million loan agreement with TenneT for the western section of the Zuidwest 380kV offshore grid project in the Netherlands. The financing will support the construction of a new 380kV transmission line, combined with a 150kV line for part of the

EIB Loan for TenneT’s Dutch Offshore Wind Grid Expansion
The European Investment Bank (EIB) has signed a EUR 250 million loan agreement with TenneT for the western section of the Zuidwest 380kV offshore grid project in the Netherlands. The financing will support the construction of a new 380kV transmission line, combined with a 150kV line for part of the

Coronavirus-Hit Grand Princess to Dock at Oakland Port, Disembark Passengers
A cruise ship with coronavirus patients is to dock in Oakland.

Van Oord’s Deep Dig-It Trencher Ready for Its First Job
TenneT, with the help of Van Oord, is building the Hollandse Kust (South) offshore grid to the north of the Maasvlakte, to connect new wind farms. The cables have to be buried more than 5 meters in the seabed for the first ten kilometers of the offshore cable route, as to be able to cross […]

Malaysian operator hires Solstad’s anchor handler
Solstad Offshore has been awarded a new contract by a Malaysian operator for one of its anchor handling and supply vessels.

KR Certifies First Cybersecurity Compliant Ship
KR certified Songa Hawk to be fully cybersecurity compliant.

TEN Unveils USD 104 Mn Tanker Quintet Sale
Greek Tsakos Energy Navigation is to sell five vessels as part of its fleet modernization plan.