Business & Finance
GasLog Raises USD 98.4 Mn through Senior Unsecured Bonds
Net proceeds from the bonds will be used for general corporate purposes and prepayment of debt.
ORE Catapult Appoints Airlie to Its Board
UK’s Offshore Renewable Energy (ORE) Catapult has appointed Adrienne Airlie to its Board. Airlie joins ORE Catapult as a non-executive director after standing down as Martin Aitken & Co’s chief executive in 2018. She continues as a director of the firm. Commenting on the appointment, Chairman Colin
GoodFuels, BTG to Support Shipping’s Low Carbon Fuels Demand through Bio-Refinery
The parties would invest in a bio-refinery to produce an advanced marine biofuel based on pyrolysis oil.
WFS Technologies Lands Another Prize
Scottish firm WFS Technologies has scored a double award after being honoured with Economic Disruptor of the Year 2019 title for its pioneering work on subsea digitalisation. The just after the company won Oil & Gas UK’s Business Innovation accolade for its pioneering Seatooth technology. WFS techno
Cargill Extends Charter for Diana’s Bulker
Diana Shipping has extended a time charter contract with Cargill International for Medusa.
Shelf Drilling reports 3Q loss. Boosts contract backlog
Jack-up drilling company Shelf Drilling saw its third quarterly loss widen, however, the CEO is optimistic about upcoming rig contract beginnings.
New North Sea oil and gas company created by former Faroe boss intends to float
Longboat Energy, a new player created by the former management team of Faroe Petroleum, has announced its intention to proceed with an initial public offering to raise gross proceeds of up to £10 million.
Consortium Involving Brittany Ferries Buys Condor Ferries
Macquarie Infrastructure and Real Assets sold its 100% interest in Condor Ferries.
Arista Shipping Embarks on Smart Shipping Journey with ABS
The deal is seen as the first step for Arista along the road to smart shipping operations.
Autonomous Underwater Maintenance Dredger from C-Job
C-Job Naval Architects revealed its concept design of an Autonomous Underwater Maintenance Dredger (AUMD) today. The design was presented by the independent ship design and engineering company at the combined Maritime and Port Technology and Development Conference (MTEC) and international Conference
XStream Blocks in the River IJssel
Three flexible river groynes in the River IJssel, the Netherlands, were officially opened yesterday by Nelly Kalfs of Rijkswaterstaat. The groynes are made fully of XStream blocks which are very small Xbloc units applied in river projects where current loads are dominant over wave loads. Due to the
d’Amico Shrinks Loss, Bullish on Tanker Market Recovery
Better market conditions and cost efficiencies helped DIS narrow its net loss in the third quarter of 2019.
RMEC Welcomes Vic Allan in New Senior Operations Role
Oilfield services firm RMEC has appointed an oil and gas industry veteran to boost its operations as it prepares for its next stage of international growth. Vic Allan has joined the company from American multinational corporation, Halliburton, where he spent 28 years working his way up through the s
Saipem gets another subsea job on ExxonMobil’s Guyana project
Saipem has been awarded a subsea contract by ExxonMobil for the proposed Payara development project located in the Stabroek block offshore Guyana.