Chartwell Marine is warning that there is a looming shortage of crew transfer vessels (CTVs) as the European offshore wind market continues to expand with larger and more ambitious projects. The European CTV fleet is “thinly stretched” as the industry continues to expand, with Round 4 UK projects in
Norwegian environmental groups are targeting Wintershall Dea’s offshore drilling plans at Lofoten location in Norway.
Taiwan’s Formosa 2 offshore wind farm has reached financial close, Macquarie’s Green Investment Group (GIG) said. Formosa 2 has been jointly developed by Macquarie Capital (75%) and Swancor Renewable Energy (25%). GIG will now play a role in delivering the project through its construction phase. The
Cape India was en route from China to Australia at the time of the explosion.
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has received unconditional approval for the merger with Daewoo Shipbuilding & Marine Engineering (DSME) from the competition authority of Kazakhstan.
Malaysian energy giant Petronas, through its unit Petronas LNG, has signed the time charter party with MISC Berhad and Avenir LNG to charter a 7,500 cubic meters of liquefied natural gas bunker vessel.
Jan De Nul has completed the EPCI scope for foundations, power cables, and scour protection on the Formosa 1 (Phase 2) offshore wind farm in Taiwan. Jan De Nul engineered, procured, and installed twenty offshore wind turbine foundations consisting of a monopile and transition piece with a grouted co
Jan De Nul has completed the EPCI scope for foundations, power cables, and scour protection on the Formosa 1 (Phase 2) offshore wind farm in Taiwan. Jan De Nul engineered, procured, and installed twenty offshore wind turbine foundations consisting of a monopile and transition piece with a grouted co
UK-based energy giant and LNG player BP reported a profit of $2.3 billion for the second quarter of 2019, dropping from $3.8 billion a year earlier.
Boskalis is planning to convert an existing hull to create the crane vessel Bokalift 2 for deployment at Copenhagen Infrastructure Partners’ (CIP) two offshore wind farms in Taiwan. In July, Boskalis and Hwa Chi Construction Co established a joint venture to transport and install offshore foundation
Offshore vessel operator Hermitage Offshore Services, formerly named Nordic American Offshore, has raised $2.5 million for special surveys and engine overhauls on four of its platform supply vessels (PSVs).
More than 300 vessels globally have been linked to fraudulent ship registries.
Israel has granted offshore exploration blocks to two consortia of oil companies that placed their bids in the recent licensing round.
With 13 trillion cubic feet (tcf) of gas in place, Orca-1 is the largest deepwater find in 2019
