Business & Finance
Ocean Yield Adds LR2 Tanker Trio with Long-Term Charters
Ocean Yield ASA has taken delivery of three long range 2 (LR2) product tankers built in China.
SBM Offshore Books Two More FPSO Hulls in China
SBM Offshore has returned to Chinese shipbuilders for two more FPSO hulls.
Norrköping Scheme Progresses According to Plan
Wasa Dredging, a Finnish water construction company, has just released the latest update from the Pampus container and breakbulk terminal project in the Norrköping, Sweden. Works are progressing according to plan in the Port of Norrköping, where Wasa Dredging as the main contractor – besides dredgin
Apply inks engineering and management deal with DNO in Norway
Norwegian oil company DNO has awarded compatriot engineering company Apply a long-term contract for engineering and management support related to its activities on the Norwegian Continental Shelf (NCS).
Rotech Subsea Completes North Sea Sand-Wave Clearance Job
Rotech Subsea has competed a sand-wave clearance for Van Oord at the Norther offshore wind farm in the Belgian North Sea. Aberdeen-based subsea excavation pioneer Rotech deployed its TRS2 controlled flow excavation tool to carry out the scope of work. The TRS2 result was that instead of the two camp
EMGS CFO steps down to join Norwegian media group
Chief financial officer of Norwegian offshore survey company Electromagnetic Geoservices (EMGS) has opted to resign from her position.
ExxonMobil, EnQuest hire Stena drillship and semi-sub
Offshore drilling contractor Stena Drilling has recently signed drilling contracts for the Stena Don and the Stena DrillMax rigs.
Lincolnshire Flood Protection Works Underway
Repairs are now underway on flood banks damaged by recent wet weather, with Environment Agency teams using specialist equipment to restore protection to homes, businesses and agricultural land in Lincolnshire. Work started over the weekend to fix the breach at the Barlings Eau using pontoons and amp
North Sea Countries Sketch 2020 Offshore Wind Work Programme
Energy Ministers from ten North Sea countries met today, 4 December, in Brussels and agreed on their 2020 Work Programme on offshore wind deployment. The 2020 Work Programme elaborates what Belgium, Denmark, France, Germany, Ireland, Luxembourg, the Netherlands, Norway, Sweden and the UK intend to d
Bureau Veritas Grants AIP for 19,000 cbm LNG Bunkering Vessel Design
Bureau Veritas awards AIP for the design for the Quadelprop, a 19,000 cbm LNG bunkering vessel.
EU Backs Celtic Interconnector and Harmony Link
Two Connecting Europe Facility (CEF) grants were signed to support the construction of the Celtic Interconnector between Ireland and France, and studies for the development of the Harmony Link Interconnector between Lithuania and Poland. For the Celtic Interconnection, €530 million were awarded, to
EKF to Manage Danish Climate Technology Exports Fund
The Danish government has allocated DKK 14 billion (circa EUR 1.87 billion) to the Export Credit Agency (EKF) to finance exports of Danish climate technology, including offshore wind. The awarded amount is part of the DKK 25 billion allocated in the budget to Denmark’s Green Future Fund. According t
MOL, Total Pen Deal for 2nd LNG Bunker Vessel
Once delivered in 2021, it will be positioned in the Marseille-Fos area in France.
Tidal Lagoon Power Kicks Off $1.5M Fundraising Campaign
Tidal Lagoon Power has launched a £1.2 million ($1.5 million) fundraise to enable the conclusion of works to secure in perpetuity the planning permission awarded to the Swansea Bay Tidal Lagoon. With shares priced at £2.50 and offered at a minimum subscription of £500, the Investor Memorandum target