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Business Developments & Projects

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KCC
Business Developments & Projects

KCC, South32 ink 1st sustainability-linked COA

KCC Chartering AS, part of Norwegian shipping company Klaveness Combination Carriers (KCC), and South32 Marketing, a subsidiary of Australian mining and metals company South32, have signed a contract of affreightment (COA) for shipments of caustic soda to South32’s Worsley Alumina refinery located i

about 4 years ago
EnQuest
Business Developments & Projects

EnQuest to pay over $17 million in dispute settlement with Malaysian contractor

EnQuest has been ordered to pay over $17 million to settle an adjudication claim regarding offshore works with Barakah Offshore’s PBJV Group.

about 4 years ago
Ex-Valaris boss joins private equity firm to help build energy transition portfolio
Business Developments & Projects

Ex-Valaris boss joins private equity firm to help build energy transition portfolio

A former CEO of Valaris is joining SCF Partners, a private equity group based in Houston, Texas and offices in Calgary, Singapore, and Aberdeen.

about 4 years ago
Tidewater
Business Developments & Projects

Tidewater adds ‘seasoned executive’ to its board to foster growth in recovering oil & gas market

Tidewater has appointed a new member to its board of directors, which is expected to assist in spearheading the company’s growth strategy.

about 4 years ago
Mike Hooks takes delivery of new idler barge
Business Developments & Projects

Mike Hooks takes delivery of new idler barge

SPI/Mobile Pulley Works has delivered a brand-new Idler Barge to Mike Hooks LLC. The idler barge, fabricated at SWSLP Shipyard in Galveston and equipped with SPI Mobile Pulley Works spud installation, will be connected to the cutter suction dredger (CSD) Missouri H., and will be starting operation i

about 4 years ago
Valaris 250 rig
Business Developments & Projects

Valaris strikes new long-term deals with ARO Drilling

Offshore rig owner Valaris has been awarded new bareboat charter agreements with ARO Drilling for several jack-up rigs.

about 4 years ago
ports
Business Developments & Projects

UK port investment surpasses £1B mark in 2021

UK port investment topped £1 billion (around $1.3 billion) in 2021 despite continuing pandemic volatility, new research published by the British Ports Association (BPA) shows.

about 4 years ago
DP World
Business Developments & Projects

DP World starts $1 bln port construction in Senegal

DP World, Dubai-based port operator, and the government of Senegal have laid the first stone to mark the construction of the new Port of Ndayane, the largest single private investment in the country’s history.

about 4 years ago
Gas Vitality first loading operation at Fos Cavaou LNG terminal
Business Developments & Projects

Gas Vitality wraps up its 1st loading operation at Fos Cavaou LNG terminal

France’s first LNG bunker vessel Gas Vitality has completed its maiden loading operation at Fos Cavaou LNG terminal, kicking off the new small-scale LNG loading service.

about 4 years ago
Illustration/Tidal energy array featuring Tocardo tidal turbines (Courtesy of Tocardo)
Business Developments & Projects

DNV lists all potential benefits of marine energy for Dutch power system

Several parties can benefit from the development and integration of marine energy technologies in the Dutch energy mix, as they may play a role in bulk power generation, balancing of the grid, and the optimization of generation portfolios, according to certification group DNV.

about 4 years ago
TeamSeas
Business Developments & Projects

TeamSeas ocean-trash cleanup campaign raises $30M

TeamSeas reached its $30M goal in the final hours of New Year’s Day.

about 4 years ago
Suez Canal
Business Developments & Projects

Suez Canal hits record $6.3bln revenue despite challenges in 2021

Suez Canal Authority (SCA) has achieved the highest annual revenue in its history of $6.3 billion and the largest annual net tonnage of 1.27 billion tons during 2021, the head of the SCA informed.

about 4 years ago
NPCC
Business Developments & Projects

UAE’s NPCC lands $2.2 billion award with Saudi Aramco

Saudi oil and gas giant Saudi Aramco has awarded a contract for an offshore project to UAE’s NPCC worth around $2.2 billion.

about 4 years ago
Brage field in the North Sea
Business Developments & Projects

Norwegian player expands North Sea footprint after closing Aker BP and Repsol deals

Lime Petroleum has increased its North Sea footprint by completing the deals signed with Aker BP and Repsol earlier in 2021.

about 4 years ago
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