Business & Finance
Xodus Launches Analysis Showing Need for Rapid Pivot to Gas
Xodus Group has launched new analysis showing that a rapid pivot to gas will be required to deal with rising global energy demand. Xodus believes worldwide energy consumption will continue to increase, driven by economic growth in developing countries, and that approximately half of that demand will
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 24 – March 01). https://subseaworldnews.com/2020/02/26/subsea-7-hit-by-offshore-wind/ https://subseaworldnews.com/2020/02/24/saipem-takes-coronavirus-precautions/ https://subseaworldnews.com/
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (February 24-March 1, 2020). Port Solent Dredging Scheme Begins Today ML (UK) Dredging Ltd of Portsmouth, Hampshire, is about to begin a routine maintenance dredging of the Port Solent Approaches, according to the
Readers’ Picks of the Week (February 24-28, 2020)
Here are the most read stories of the previous week.
Highlights of the Week
MarineEnergy.biz has compiled the top news from marine energy industry from February 24 – March 01, 2020. https://marineenergy.biz/2020/02/25/watch-first-offshore-floating-solar-in-middle-east/ https://marineenergy.biz/2020/02/24/mutriku-wave-plant-hits-2gwh-mark/ https://marineenergy.biz/2020/02/25
BW Offshore nearly triples quarterly profit
BW Offshore nearly tripled its quarterly profit despite negative impact of a $13 million charge due to termination of an FPSO charter in New Zealand.
Safe Bulkers Delays 5 Scrubber Installations amid Coronavirus Impact
Safe Bulkers has pushed the installation of scrubbers on five of its vessels for the second quarter of the year.
Eni swings to loss despite ‘record production’
Italian oil and gas company Eni booked a loss in the fourth quarter of 2019 compared to a profit in the same period of 2018 despite record production driven by project ramp-ups and start-ups. According to its quarterly report on Friday, Eni’s adjusted operating profit was €1.8 billion in the fourth
Pioneer Marine CEO Steps Down
Torben Janholt, CEO of Pioneer Marine, retiring.
Vroon gets BP extension for ERRV quartet
Dutch provider of offshore support vessels Vroon Offshore Services has been awarded a three-year contract extension with oil major BP.
More Red Ink for SeaBird
Oslo-listed SeaBird has recognized net loss from continuing operations of $11.8 million for Q4 2019, against net loss of $3.7 million in the same period in 2018. The seismic data provider for oil and gas companies said its profitability in the quarter was negatively affected by restructuring charges
Teekay Returns to Black
The fourth quarter of 2019 marked a return to profitability for Teekay.
More Dredging on Sabetta Seaway Canal in 2020
In 2020, Federal State Unitary Hydrographic Department will perform dredging works as part of Sabetta port’s seaway canal reconstruction in the amount of about 20 million cbm. This was revealed by Yury Mikhov, General Director, Federal State Unitary Hydrographic Department, at the 3rd International
Höegh LNG Settles USD 23.7 Mn LNG Boil-Off Dispute with Total
Höegh LNG agrees with Total to settle the boil-off dispute regarding Neptune and Cape Ann.