Business & Finance
DP World Strengthens European Presence with Swissterminal Stake Purchase
DP World will take a 44 percent stake in Swissterminal Holding AG.
Premier preparing logistics base for drilling operations in Brazil
APM Terminals has entered into a partnership with Brasco, a Wilson Sons Group company, to set up a logistics base in Brazil to support Premier Oil’s drilling operations on Block 717.
RC Dock LARS for Fugro ASVs
RC Dock Europe, part of RC Dock USA, delivered two fully automated launch and recovery systems (LARS) for Fugro’s new Autonomous Surface Vessels. Both systems are fully automated and of a “open” design making it suitable to receive ASV’s with different types of keel mounted payloads up to a weight o
Maersk CEO: EU Antitrust Rules Hurt European Companies’ Competitiveness
Strict competition rules in Europe prevent the creation of EU giants that would compete with US and Chinese rivals.
Blue-GIFT Launches 2nd Call for Ocean Energy Demos
The Blue-GIFT (Blue Growth and Innovation Fast Tracked) project has opened the 2nd call for applications. Funded by Interreg Atlantic Area, Blue-GIFT, aims to help Atlantic Area companies test the next generation of marine renewable energy (MRE) technology in real sea environments and prove power ca
PHOTO: Werkendam at IJsselmeer
Van Oord’s crane vessel Werkendam has arrived at the IJsselmeer to start working on the Windpark Fryslân nearshore wind farm project. The vessel will be involved in the construction of an artificial island off the Frisian coast, Windpark Fryslân reports. With a land area of 2ha and a submerged, shal
MSC Cruises, Chantiers De L’Atlatique Seal Deal for LNG-Powered Duo
MSC Cruises, Chantiers de l’Atlantique formalize deal for two more LNG-powered ships.
Vale’s Recovery to Be the Biggest Swing Factor for Iron Ore in 2020
Wood Mackenzie forecasts an accelerated recovery in shipments from Q1-20.
Maersk Drilling scores two-well drilling extension with Aker BP
Danish offshore drilling contractor Maersk Drilling has been awarded a two-well contract extension from Aker BP for the Maersk Integrator low-emission rig.
Eidesvik scoops 5-year deal for Viking Energy PSV from Equinor
Norwegian oil major Equinor has awarded a contract for one of Eidesvik Offshore’s platform supply vessels.
KCI to design platform from jack-up rig for Perenco
Employee-owned engineering, planning, and construction firm KCI has been awarded a contract for the detailed design of the Greenfield scope of the Southern Hub Asset Rationalisation Project (SHARP) by Perenco UK.
TechnipFMC Split on Track
TechnipFMC has reaffirmed that its planned transaction to separate into two companies, TechnipFMC and Technip Energies, is well on track for completion in the first half of 2020. To remind, the industry giant said last year it plans to separate into two independent, publicly traded companies – Remai
VIDEO: Monaco Land Extension Time Lapse
Anse du Portier Monaco has just released the latest video update on their land reclamation project in Monaco. The caisson belt has been closed and the land appeared. The sand for this scheme comes from areas located around Marseille, France, and Piombino, Italy. This new piece of Monegasque territor
Readers’ Picks of the Week (January 13-17, 2020)
Here are the most read stories of the previous week.