Business & Finance
Ocean Yield Adds Handysize Newbuilding to Its Fleet
Upon delivery, the 39,000 dwt newbuilt started a 10-year bareboat charter.
Balder X subsea contract goes to Baker Hughes and Ocean Installer
Vår Energi has awarded a contract covering EPCI of subsea systems for the Balder X project to a consortium of Baker Hughes, a GE company (BHGE), and Ocean Installer.
Equinor awards lay-up contract on Sverdrup to Jacktel’s Haven rig
Jacktel, a subsidiary of Master Marine, has agreed with Equinor that its accommodation rig Haven will be laid up at Johan Sverdrup field off Norway following the expiry of the firm contract on December 7, 2019.
ONE Containership Clashes with Tanker in Piraeus Port
ONE Blue Jay crashed into the starboard side of a small chemical tanker while it was entering the port.
Hapag-Lloyd Introduces New India Services amid Growing Demand
The IEX service will be the only direct connection between South and East India and Europe.
Siemens Gamesa Mothballs Offshore Nacelle Plant in Denmark
Siemens Gamesa is planning to pause the manufacturing of offshore nacelles at its plant in Brande, Denmark, citing delays in offshore wind projects as the reason. This, combined with the discontinuation of the production of the onshore Direct Drive (DD) technology in Brande and onshore blade product
VIDEO: Van Oord, Shell Together in Biofuel Pilot
Van Oord, in cooperation with Shell, is testing the use of biofuel on its fleet with the aim of achieving a 70% emission reduction by 2050 compared with 2008. The biofuel reduces CO2 emissions by more than 40% compared with conventional marine fuel. This test fits in with the ambitions of both parti
Eni CEO denies conflict of interest allegations
Claudio Descalzi, CEO of Italian oil company Eni, is under investigation for a potential conflict of interest with regards to contracts awarded by Eni Congo S.A. to Petroservice. Descalzi firmly rejects the allegation.
Saipem Inks WEC Tech Development Deal with Wello
Italian offshore energy services major Saipem and the Finnish company Wello have signed a memorandum of understanding (MoU) to optimize wave energy converter Penguin technology. The objective of the agreement is the development of future initiatives in the sector. Saipem will support Wello to optimi
Klaveness Combination Carriers Welcomes Third CLEANBU Newbuild
Klaveness Combination Carriers’ 3rd CLEANBU vessel departed New Yangzi Shipyard on September 25.
ExxonMobil in $4.5 Bln Norway Assets Sale to Var Energi
ExxonMobil has signed an agreement with Vår Energi, a company owned by Eni and HitecVision, for the sale of its non-operated upstream assets in Norway for $4.5 billion. The sale is a part of the company’s previously announced plans to divest approximately $15 billion in non-strategic assets by 2021.
ExxonMobil sells Norway offshore fields to Vår Energi for $4.5 billion
ExxonMobil has agreed to sell its offshore oil field interests in Norway to Vår Energy for $4.5 billion
Golden Energy finds work for two newbuild platform suppliers
Golden Energy Offshore Services (GEOS) has secured employment for the two newbuild vessels, Energy Empress and Energy Duchess.
Global E&C pens ‘largest life of field contract award’ in UK
EPC contractor Global E&C has won a life of field contract for brownfield services with Apache’s North Sea subsidiaries.