News
UK: Navitus Bay Invites Public to Provide Feedback on Latest Wind Park Plans
From the 1st February, members of the public are being given an opportunity to view and comment on the latest plans for the proposed wind park off the Dorset coast. Navitus Bay Development Limited (Navitus Bay) has said throughout that it is committed to hearing the views of the local community and
UK: Navitus Bay Invites Public to Provide Feedback on Latest Wind Park Plans
From the 1st February, members of the public are being given an opportunity to view and comment on the latest plans for the proposed wind park off the Dorset coast. Navitus Bay Development Limited (Navitus Bay) has said throughout that it is committed to hearing the views of the local community and
Boskalis Raises Cash to Finance Dockwise Acquisition (The Netherlands)
Royal Boskalis Westminster N.V. (Boskalis) has successfully raised EUR 320 million of equity at a price of EUR 33.00 per ordinary share. A total number of 9,696,969 new ordinary shares (the Shares) were placed, 4,896,180 through an accelerated bookbuild offering (the ABB Offering) and 4,800,789 thro
Horizons Magazine: Northern Sea Route Likely to Become Ice-Free by 2100
Vessels using the harsh, sometimes hazardous, Northern Sea Route (NSR) linking the Atlantic and Pacific Oceans will face no sizeable ice hazards by 2050 and are likely to travel ice-free by 2100, according to group of Lloyd’s Register Marine summer interns who produced a radical and independent-mind
Russia: Novatek, Gazprom Ink Deal on Yamal LNG JV
NOVATEK and Gazprom signed an agreement within the Memorandum of Cooperation providing for the establishment of a joint venture to increase LNG production on the Yamal Peninsula and to use the infrastructure built on the Peninsula. The agreement defines the schedule for the establishment of the join
Novatek: Gas Production Up by 7.1 Pct (Russia)
NOVATEK of Russia said that in the fourth quarter of 2012, the company’s gross production (including share in production by affiliates) totaled 15.30 billion cubic meters of natural gas and 1,162 thousand tons of liquids (gas condensate and crude oil). As a result, the company’s gross production for
EU to Co-Finance Study on LNG Refuelling Network in Spain
The European Union will co-finance, with almost €2 million from the TEN-T Programme, a study to determine the required steps to integrate Liquefied Natural Gas (LNG) refuelling technology and infrastructure on the TEN-T road network in Spain and demonstrate the potential of LNG as an more environmen
Gas Natural Cegas to Build Gas Distribution Network in Spain
The general director of energy for the Valencia Region, Antonio Cejalvo, the mayor of Benidorm, Agustín Navarro, and the general manager of Gas Natural Cegas, Roberto Cámara, attended the institutional valve opening event, which symbolises the arrival of the supply to Benidorm and the start of const
Norway Upstream Sector Thriving, Wood Mackenzie Report Says
Wood Mackenzie’s annual review of the Norwegian upstream sector shows that the country’s oil and gas industry is thriving: 2012 was a record year for capital investment, M&A activity, and licences awarded. However, this was tempered by an underwhelming year for exploration and concerns about the sec
The Netherlands: Boskalis Shareholders OK Share Issue
After a presentation by Royal Boskalis Westminster N.V. of the offer for all the issued and outstanding shares of Dockwise Ltd., as initially announced on 26 November 2012, Boskalis shareholders voted in favor of the proposal to issue new shares. During the Extraordinary General Meeting (EGM) of Bos
CB&I Bags $250 Million Mariner Topsides Design Contract
CB&I has been awarded a project valued in excess of US$250 million by Daewoo Ship building & Marine Engineering Co, Ltd. (DSME). CB&I’s scope of work, which will commence in the first quarter, includes detailed engineering design services for the Mariner Topsides project that is part of the Mariner
UK: Reef Completes Greater Gabbard Contract
Reef Subsea Dredging & Excavation announced today they successfully completed their integral part in the Greater Gabbard Offshore Wind Farm project working collaboratively with the operations team for Fluor, the principle contractor. Reef Subsea Dredging & Excavation (RSD&E) completed their multi-mi
UK: Reef Completes Greater Gabbard Contract
Reef Subsea Dredging & Excavation announced today they successfully completed their integral part in the Greater Gabbard Offshore Wind Farm project working collaboratively with the operations team for Fluor, the principle contractor. Reef Subsea Dredging & Excavation (RSD&E) completed their multi-mi
Trelleborg Acquires SeaTechnik, Sweden
Trelleborg has, through its business area Trelleborg Offshore & Construction, signed an agreement and finalized the acquisition of Sea Systems Technology (SeaTechnik). SeaTechnik is a market-leading company predominantly specialized in the development of software and manufacture of emergency shutdow