News
Proserv Nets Decommissioning Work Off Norway
Proserv has recently secured three contracts worth a combined value of more than $2.5 million for decommissioning work in the Norwegian North Sea. The firm’s Stavanger facility will provide cutting services as part of a full severance package covering subsea and topside work. As part of the decommis
Trump overturns Obama’s Atlantic seismic permits denial
U.S. President Donald Trump has reversed a decision by the previous administration that denied permit applications for seismic surveying of the U.S. Atlantic Outer Continental Shelf. The U.S. Department of the Interior (DOI) on Wednesday announced it would move forward to resume its evaluation of ap
Second Round of Consultation Set for Centerm Expansion Project
The Centerm Expansion Project team has invited the public to learn more about, and provide feedback on, the proposed Centerm Expansion Project during the consultation period from May 15 to June 2. “Participants are invited to learn more about proposed construction activities, details regarding a pro
SMD to Build Trencher for CCC UE
Soil Machine Dynamics (SMD) has signed a contract with Consolidated Contractors Company (Underwater Engineering) for the manufacture and delivery of a hard ground subsea trenching machine. SMD will design and build a BT500 Burial Tractor (500hp) complete with a full power and control system. The tre
Leask Marine to share marine energy know-how with Wales
Leask Marine has joined the Pembrokeshire’s Marine Energy Hub, bringing over 10 years of experience supporting the marine renewables industry.
Coastal Dynamics 2017 Conference Takes Place in June
The Coastal Dynamics 2017 Conference will take place from June 12-16, 2017 in Helsingør, just north of Copenhagen, Denmark. The Coastal Dynamics conference series advances the community’s understanding of recent applied and basic research concerning coastal waves and currents, interactions between w
Midstream EPC Deals for Fortuna FLNG Awarded
Following the signing of the Umbrella Agreement for Africa’s first deepwater FLNG project, oil and gas company Ophir Energy has reached another milestone with the award of the Midstream construction contracts for Fortuna FLNG. The LNG shipping company Golar LNG Limited has executed amended and novat
Navios Maritime Partners Entrusts Rickmers Fleet to Affiliate
Greek shipowner Navios Maritime Partners plans to transfer the 14-vessel container fleet acquired from Rickmers Maritime to its affiliate Navios Maritime Containers Inc. The company expects to carry out the transfer at a cost of USD 5 million and an investment of USD 30 million in return for equity.
Report: Engie in advanced talks to sell E&P business for $3.6B
French energy firm Engie is reportedly in advanced talks to sell its oil and gas exploration and production business. The company has been in talks with Neptune Oil & Gas to sell 70 percent in Engie E&P for around $3.6 billion, Reuters has reported, citing an unnamed source familiar with the matter.
Black & Veatch in Wave Hub’s Pembrokeshire Feasibility Study
Wave Hub has appointed Black & Veatch to undertake a feasibility study into the Pembrokeshire demonstration zone, a planned offshore site for testing multiple wave energy arrays of up to 30MW each. The study will prepare an outline design specification for the on and offshore grid infrastructure, st
Wave Hub hires Black & Veatch for Pembrokeshire wave study
Wave Hub has appointed Black & Veatch to undertake a feasibility study into the Pembrokeshire wave energy demonstration zone.
Chart Industries: Lithuanian LNG bunkering station on track
The first phase of Klaipedos Nafta’s reloading station for LNG in Lithuania’s port of Klaipeda is on track.
Capesize Newbuild Handed Over to K Line
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has launched and taken delivery of Capesize bulk carrier Cape Hayatomo from compatriot shipbuilder Namura Shipbuilding. The 250,000 dwt very large ore carrier (VLOC) is the first ship in the second generation of WOZMAX vessels at Namura. WOZMA
Current oil prices cannot support uptick in offshore rig demand, Danish driller says
Danish offshore drilling contractor Maersk Drilling saw its first quarter 2017 results negatively affected by the overcapacity in the rig market. The company said the current oil prices are well below what is needed to support growth in offshore rig demand. The company’s revenue fell to $344 million