Business & Finance

Seanergy Boasts Smooth Transition to IMO 2020 Compliance
Seanergy wraps up its IMO 2020 compliance plan.

Loads & Control Engineer Position Up for Grabs at Orbital Marine
Orbital Marine Power (formerly known as Scotrenewables Tidal Power) is looking for a full time loads & control engineer to develop design improvements to its turbine dynamic controller. The loads & control engineer will join the team at the time when the company starts the construction of the ‘Orbit

Red Electrica Eyes Mainland-Mallorca Seabed Survey
Spanish grid operator Red Electrica has launched a tender call for the provision geophysical, UXO and geotechnical services to be performed along a corridor of approximately 345 kilometers between Spanish mainland and Mallorca Island, in the Mediterranean Sea. The purposes of the geophysical and geo

Aker BP profit jumps on higher revenues and record output
Aker BP increased its quarterly profit as its total income went over $1 billion lifted by record high production.

SCF Names LNG Carrier Intended for Charter with Total
SCF Group’s hosted a naming ceremony for its latest LNG carrier, SCF La Perouse.

TechnipFMC prepares for $2.4 billion impairment charge hit in 4Q
Oilfield services provider TechnipFMC expects $2.4 billion of non-cash asset impairment charges to impact its results in the fourth quarter of 2019.

DFDS Ship Allides with Quay in Stormy Weather
A RoRo vessel owned by DFDS crashed into a quay while entering the port of Esbjerg, Denmark.

Damen: MAD 3500 Pipe System on Its Way to Romania
The first items of the trailing pipe system for the Marine Aggregate Dredger (MAD) 3500 are being shipped from their yard in Nijkerk, the Netherlands, to Damen Shipyards Galati in Romania. This dredger will be used by Hanson Aggregates Marine to extract aggregates in the British Channel and North Se

Diamond secures over $50 million backlog with new North Sea extension
Diamond Offshore has been awarded a contract extension for one of its semi-submersible rigs. During the fourth quarter of 2019, Diamond managed to narrow its loss.

Creating Dredging Capacity in Southern Africa
Subtech and Royal IHC are taking an important step in the development of dredging capacity in southern Africa. IHC has delivered an IHC Beaver 50 cutter suction dredger (CSD) with an extensive option package to Subtech for the Mozambique LNG export project. Here, Subtech has been awarded for the des

ROVOP Boosts Offering with In-House Inspection Services
Subsea robotics specialist ROVOP has added full in-house inspection to portfolio of its underwater technologies services. With a fleet of 51 ROVs including work class, light work class and observation class, ROVOP now has the ability to provide preparation of inspection procedures, project execution

Subsea Eyes Wave Power
Mocean Energy has teamed up with energy major Chrysaor, subsea energy storage experts EC-OG and AUV specialist Modus in a project to look at using renewables for subsea power. The project, funded by the partners together with the Oil and Gas Technology Centre (OGTC), will look to use Mocean Energy’s

Abu Dhabi Ports Opts for BAM International
Abu Dhabi Ports announced today plans to design and construct a new cruise jetty at Sir Bani Yas Cruise Beach – the signature tourist destination located off the coast of Abu Dhabi. The €24.5 million new jetty project will be completed in Q4 2020, in time for the launch of the 2021 cruise season. Th

Green Light for ReFLEX Orkney Project
ReFLEX Orkney project has progressed through the first stage of the project, following a review meeting with UK Research and Innovation (UKRI). Funded by UKRI through the Industrial Strategy Challenge Fund, ReFLEX Orkney is aiming to integrate electricity, transport and heat networks in Orkney using