Business & Finance

New Scottish Company Reveals ScotWind Plan
Renewable Infrastructure Development Group (RIDG), a new Scottish company in the offshore wind market, is planning to participate in the ScotWind leasing round. RIDG has revealed it is working towards the next round of offshore wind in Scotland due to be launched by The Crown Estate Scotland after t

New Scottish Company Reveals ScotWind Plan
Renewable Infrastructure Development Group (RIDG), a new Scottish company in the offshore wind market, is planning to participate in the ScotWind leasing round. RIDG has revealed it is working towards the next round of offshore wind in Scotland due to be launched by The Crown Estate Scotland after t

CMB to Operate Zero-Emission Fleet by 2050
Compagnie Maritime Belge announced its commitment to tackle CO2 emissions from the shipping sector.

Why You Should Apply for MEA Support?
Marine Energy Alliance (MEA) has issued guidelines for those considering applying for MEA support. Developers of early stage (TRL 3/4) marine energy technology concepts, make sure to continue reading. MEA project has a total budget of €6 million and is financially supported by Interreg North West Eu

Exmar Finances FLNG, VLGC Pair
Belgian owner and operator of gas carriers Exmar has secured two financing deals.

Lundin to change name amid plans to reach carbon neutrality by 2030
Swedish oil and gas company Lundin Petroleum has launched its Decarbonization Strategy, which targets carbon neutrality by 2030.

HTL Intros Hydraulic Cutter for Offshore Industry
UK-based HTL has launched a bespoke hydraulic cutter for offshore industry market. In all industries where hazardous machinery and materials are present, safety is the optimum priority. Statistics show that 80% of errors which occur during manufacturing are due to human error. For this reason, many

Bore’s LNG-Powered RoLo Newbuilds to Feature Wärtsilä Equipment
Wärtsilä won a contract to supply all the main equipment for Bore’s LNG-fueled shortsea RoLo vessels.

Jersey to take over Verbier operatorship from Equinor
Jersey Oil & Gas has entered into a conditional sale and purchase agreement to acquire operatorship of, and an additional 70% working interest in, Licence P2170 (Blocks 20/5b and 21/1d) from Norway’s Equinor.

Former DeepOcean man to take over CEO role at Oceanteam
Offshore support vessel owner Oceanteam has appointed a new chief executive officer (CEO) of the company.

Readers’ Picks of the Week (January 20-24, 2020)
Here are the most read stories of the previous week.

Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (January 20 – 26, 2020). All Set for King’s Lynn Dredging A maintenance dredging program, aimed for the safety of shipping within the enclosed Docks King’s Lynn in Norfolk, is set to begin this week, King’s Lynn C

Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (January 20 – January 26). https://subseaworldnews.com/2020/01/21/mcdermott-strikes-restructuring-deal-files-for-chapter-11-bankruptcy/ https://subseaworldnews.com/2020/01/20/technipfmc-split-on-track/

Highlights of the Week
MarineEnergy.biz has compiled the top news from marine energy industry from January 20 – January 26, 2020. https://marineenergy.biz/2020/01/23/eu-unveils-e1-trillion-green-deal-investment-plan/ https://marineenergy.biz/2020/01/20/blue-gift-launches-2nd-call-for-ocean-energy-demos/ https://marineener