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Business & Finance

Minesto Restarts Subsea Kite Trials
Business & Finance

Minesto Restarts Subsea Kite Trials

Minesto has resumed testing of its commercial-scale DG500 kite system at the company’s Holyhead Deep site off North Wales. “We are very pleased to be back in the water with the DG500 kite system, and we are looking forward to the continued testing operations. The team has made a great effort in upgr

about 7 years ago
TGS and Spectrum move into integration process after closing merger
Business & Finance

TGS and Spectrum move into integration process after closing merger

Norwegian seismic player TGS-NOPEC Geophysical Company (TGS) has completed its acquisition of Spectrum, creating a global multi-client geophysical data provider.

about 7 years ago
Balltec to supply connectors for North Sea platform decommissioning
Business & Finance

Balltec to supply connectors for North Sea platform decommissioning

Subsea connector specialist Balltec has recently been awarded a contract by Heerema Marine Contractors (HMC) for work on the decommissioning and removal of a large platform with conductors in the North Sea.

about 7 years ago
Stena Bulk Seeks Help from Govt Leaders in Freeing Seafarers
Business & Finance

Stena Bulk Seeks Help from Govt Leaders in Freeing Seafarers

The company asked for help in freeing the Stena Impero seafarers from India, Russia, Latvia and the Philippines.

about 7 years ago
Cairn taps Island Drilling rig for North Sea well
Business & Finance

Cairn taps Island Drilling rig for North Sea well

Island Drilling Company has received a letter of intent from Capricorn Norge for operations in the North Sea offshore Norway.

about 7 years ago

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LOC Group Joins TWIND Project
Business & Finance

LOC Group Joins TWIND Project

LOC Group has been appointed to the Advisory Board of the TWIND project, focused on creating a network of research professionals for the offshore wind industry in Portugal. The EUR 796,000 three-year project, launched in July, has the objective of dynamizing a pool of specialized research profession

about 7 years ago
Estonian Terminal Supports HHLA’s Container Throughput Rise
Business & Finance

Estonian Terminal Supports HHLA’s Container Throughput Rise

Despite a challenging market environment, HHLA managed to improve profitability in H1.

about 7 years ago
Arco Dee Aborts Entry Into Harbor to Avoid Collision with Yacht
Business & Finance

Arco Dee Aborts Entry Into Harbor to Avoid Collision with Yacht

The 68m long, 14m wide, 1300 tonne dredger Arco Dee was scheduled to enter Littlehampton Harbor on Saturday, August 3, carrying a cargo of 1200 tonnes of sand dredged from the seabed off Littlehampton.​ “Piloting large vessels into the harbor can be a challenging business as the entrance is just 31

about 7 years ago
Norden Signs Two New Contracts of Affreightment
Business & Finance

Norden Signs Two New Contracts of Affreightment

The deals include a 6-year contract for wood pellets transportation and a 3-year coal shipping agreement.

about 7 years ago
Kreuz Subsea CEO Quits
Business & Finance

Kreuz Subsea CEO Quits

Singapore-based subsea service provider Kreuz Subsea said that its CEO Ashit Jain (AJ) has resigned and is leaving for personal reasons. Under AJ’s leadership of the company during the last two and the half years, Kreuz became a Shell approved diving contractor and has since expanded its commercial

about 7 years ago

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Scandlines’ Hybrid Ferry to Get Norsepower’s Rotor Sail
Business & Finance

Scandlines’ Hybrid Ferry to Get Norsepower’s Rotor Sail

Scandlines to install Norsepower’s Rotor Sail Solution onboard the M/V Copenhagen ferry.

about 7 years ago
First Haliade-X 12MW Blade Goes for Testing
Business & Finance

First Haliade-X 12MW Blade Goes for Testing

LM Wind Power has sent off the first 107m long blade for GE’s Haliade-X 12MW turbine from its factory in Cherbourg, France, to the UK where it will undergo testing. The LM 107.0 P blade, the world’s largest, was loaded onto a vessel on 13 August in the Cherbourg harbor and began its journey to the [

about 7 years ago
Airborne Oil & Gas Wins West Africa TCP Deal with Addax
Business & Finance

Airborne Oil & Gas Wins West Africa TCP Deal with Addax

Airborne Oil & Gas has secured a contract with Addax Petroleum for the delivery of two gas lift jumpers in West Africa. The deal will see Airborne thermoplastic composite pipeline (TCP) products becoming a permanent application in the region for the first time. The Dutch-based business will supply t

about 7 years ago
US Picks Denmark’s Offshore Wind Brain
Business & Finance

US Picks Denmark’s Offshore Wind Brain

U.S. political representatives are paying a visit to Denmark to learn from its experience in offshore wind and to meet with the local industry. During the four-day visit, political representatives from the U.S. east coast states will see Danish production and port facilities and will meet with the l

about 7 years ago