Liquefied natural gas (LNG) regasification volumes at Lithuania’s first and only import terminal in the port of Klaipeda reported mixed results for the first month of the year.
Brazilian oil company Petrobras has set aside $622 million plus interest in case it is forced to pay Vantage Drilling for wrongful termination of a 2015 drillship contract.
Wärtsilä inks an agreement with Hagland Shipping for a hybrid retrofit installation onboard general cargo vessel.
Boston Harbor Now will hold their Harbor Use Public Forum later this month, a conversation focused entirely on the future of Boston’s working port. Jill Valdes Horwood, Boston Harbor Now’s Director of Policy will present the latest report produced by the planning and policy team: Recommendations for
Solstad Offshore has entered into contracts for three of its large platform supply vessels and an anchor handler.
National Grid has filed for regulatory approval of a 20-year contract for energy from Ørsted’s 400MW Revolution Wind offshore wind farm with the Rhode Island Public Utilities Commission (PUC). The contract price for energy and environmental attributes is a fixed, nominal price of US 9.8 cents per ki
FSL Trust has secured a USD 25 million bridging loan to finance its LR2 product tanker newbuildings.
Aker Solutions has seen its profit go up in the fourth-quarter 2018 at NOK 178 million, or NOK 0.58 per share, versus net income of NOK 19 million, or NOK 0.09 same time last year. The Norwegian services company generated quarterly revenue of close to NOK 7 billion ($815 million), up from NOK 6.4 bi
ExxonMobil and Qatar Petroleum’s decision to proceed with development of the Golden Pass liquefied natural gas export project at Sabine Pass, Texas, kicks off what could be a record year for LNG final investment decisions.
The U.S. Army Corps of Engineers, New England District, is proposing to perform maintenance dredging of the Annisquam River Federal navigation project (FNP) in Gloucester, Massachusetts. The work involves maintenance dredging of portions of the 8-foot-deep Mean Lower Low Water (MLLW) channel and anc
The UK Planning Inspectorate is hosting issue-specific hearings on the Thanet Extension offshore wind project this month as part of Vattenfall’s application for an order granting development consent. The hearings will take place between 19 and 21 February at the Discovery Park in Sandwich, Kent, wit
Aker Solutions recorded an increase in profit in the last quarter of 2018 from the same period in 2017 on the back of higher revenues.
Floating production unit specialist Teekay Offshore has said it has secured a contract extension for one of its FPSOs in Brazil.
In 2019, Maersk is to launch a virtual assistant in an effort to enhance its Remote Container Management platform.
