Business & Finance
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (September 30 – October 06). https://subseaworldnews.com/2019/09/30/subsea-7-wins-azerbaijan-double-with-bp/ https://subseaworldnews.com/2019/10/02/saipem-secures-wireless-subsea-drone-contract-from-eq
Nauticor: 1st Ship-to-Ship LNG Bunkering Op Carried Out in Germany
The operation represents a milestone for the establishment of LNG as marine fuel in Germany.
Jan De Nul Kicks Off Payra Port Dredging Scheme
Jan De Nul Group has commenced dredging operations in Payra, Bangladesh, the company reported today. According to the report, during the start-up phases, Jan De Nul will focus on improving the port access by gradually deepening the existing navigation channel. This will allow vessels with increasing
Paldiski Dredging Plan Unveiled
Over EUR 117 million has been allocated to 39 key transport projects by the EU, aimed at filling the gaps in missing connections across the continent while at the same time keeping a strong focus on sustainable transport modes. The projects, supported through the Connecting Europe Facility (CEF), am
Ship-to-Ship LNG Bunkering of TSHD Scheldt River
The world’s largest LNG bunker supply vessel (BSV) Kairos successfully conducted the first ship-to-ship bunkering operation in German waters today, when the trailing suction hopper dredger (TSHD) Scheldt River received the low emission fuel. The vessel, which was christened in Hamburg on February 20
Igoumenitsa Port to Reduce GHG Emissions, Congestion with New Quay
The EC approves Greece’s plans to grant USD 52 million for a new quay in the port of Igoumenitsa.
PGS sees ‘significant increase of project activity’
Norwegian seismic services company PGS will operate eight vessels over the winter season amid a significant increase of activity compared to the same period last year.
BP’s CEO Bob Dudley to Step Down
BP’s chief executive, Bob Dudley, has decided to step down as group chief executive officer and from the BP board of directors. Bob Dudley steps down after a 40-year career with BP and over nine years as group chief executive. He will retire on March 31, 2020, the company informed. In addition, the
Yamal LNG Shipments to Asia Pacific via NSR Jump in 2019
Eastbound shipments represented 25% of all LNG dispatched from Yamal LNG during the third quarter of 2019.
Wintershall Dea agrees on job cuts with unions
Following a merger between Wintershall and DEA into a new entity named Wintershall Dea, the German oil and gas giant has decided on the number of job cuts previously announced as part of the integration of two businesses.
Traxens: First Standards for Smart Container Data Exchange Developed
New standards are expected to take the digital age of shipping one step further.
Saipem Scores $145M Azerbaijan Hat-Trick
Saipem, in consortium with Boshelf and STAR GULF FZCO, has recently been awarded three new contracts by BP for the development of the Azeri-Chirag-Gunashli oil and gas (ACG) field offshore Azerbaijan. Located in the Caspian Sea at approximately 120 kilometres from the coast of Azerbaijan, the field
Saipem gets three contracts on BP’s Caspian project
Saipem, in consortium with Bos Shelf and STAR GULF FZCO, has recently been awarded three new contracts by BP for the development of the Azeri-Chirag-Gunashli (ACG) oil and gas field offshore Azerbaijan.
Wijnne Barends to Fit Four More Vessels with Scrubbers
The company said that the installation will take place in March and May 2020.