Business & Finance
Aker BP orders another subsea production system for Ærfugl from Aker Solutions
Aker Solutions has been awarded a contract from Aker BP to deliver the subsea production system for the second phase of the Ærfugl development offshore Norway.
Aker Solutions Subsea Production System for Ærfugl Phase Two
Aker Solutions has been awarded a contract from Aker BP to deliver the subsea production system for the second phase of the Ærfugl development offshore Norway. The subsea delivery will include wellheads, vertical subsea trees, satellite structures, control systems, a tie-in module and about 30 kilom
EU Offshore Wind Strategy Coming in 2020
The European Commission plans to present the European Union’s strategy on offshore wind in 2020, according to the indicative timeline set out in the just-released The European Green Deal. The European Green Deal is a roadmap on how to make Europe the first climate-neutral continent by 2050. Increasi
EU Offshore Wind Strategy Coming in 2020
The European Commission plans to present the European Union’s strategy on offshore wind in 2020, according to the indicative timeline set out in the just-released The European Green Deal. The European Green Deal is a roadmap on how to make Europe the first climate-neutral continent by 2050. Increasi
French banks takeover offer for Bourbon ‘would lead to liquidation and total loss for shareholders’
If the court were to favor an offer by a group of French banks it would lead to the liquidation of the listed company Bourbon Corporation and a total loss for shareholders and bondholders.
EBRD Provides USD 17.5 Mn for Tekirdag Port Privatization, Expansion
The European Bank for Reconstruction and Development supports the privatization of Tekirdag Port with a new loan.
Jifmar Snaps Up Delta Marine
Jifmar Offshore Services has continued its expansion in Scotland with acquisition of the Shetland-based company Delta Marine one year after taking over North West Marine. Thanks to this acquisition, Jifmar will now operate a fleet of nearly 40 vessels worldwide. It will also reinforce its position i
First SIMOPS LNG Bunkering Completed in Amsterdam
Titan LNG’s bunker barge supplied LNG to the tanker Ramelia while the ship was unloading cargo in Amsterdam.
Fugro Wins Copenhagen Contract
Danish consulting firm COWI has awarded Fugro a nearshore geotechnical site investigation for CPH City & Port Development’s Lynetteholmen megaproject in Copenhagen. Fugro’s site investigation will be used to inform the detailed design of the new artificial island, which will cover approximately 275
Wood to modify Equinor’s platforms for floating wind project
Wood has been awarded a new contract by Equinor to deliver modifications to two offshore installations in the Norwegian North Sea to connect electric power from floating wind turbines that form part of the Hywind Tampen development.
WIND Setting Up New Cable Accessories Warehouse
WIND is setting up a new cable accessories warehouse at its main cable storage yard in Velsen Noord, the Netherlands. The new facility will function as WIND’s central European warehouse for all cable-related accessories, from where the company will distribute parts to the European wind farms that it
Maersk Drilling joins forces with Halliburton and Petrofac for Seapulse drilling program
Maersk Drilling has signed agreements with Halliburton and Petrofac to collaborate on the exploration program to be delivered under Maersk Drilling’s master alliance agreement with Seapulse.
Yamal LNG: All 15 Arc7 Ice-Class Tankers Delivered
OAO Yamal LNG has announced the operational start of Yakov Gakkel, a new Arc7 icebreaking LNG carrier.
Vår Energi Marks Anniversary with Completion of ExxonMobil Assets Acquisition
Vår Energi is celebrating its first anniversary as a company, with the closing of the ExxonMobil acquisition. The acquired fields, mostly operated by Equinor, represent an additional daily production of approximately 150,000 barrels of oil equivalents (boepd) for the company. “The ExxonMobil portfol