Oil major Shell has confirmed plans to cut between 7,000 and 9,000 jobs in a push to save up to $2.5 billion by 2022.
The Iberdrola-led international consortium has launched the FLAGSHIP project to develop and fabricate the first 10+ MW floating offshore wind turbine. The turbine will be supported by a floating semi‐submersible concrete structure based on Olav Olsen’s OO-Star Wind Floater concept. The prototype is
Jadestone Energy has filed a revision of its environment plan for operations at the Stag field, located offshore Australia, to the Australian authorities.
Dutch heavy lifting and transport provider Mammoet has performed a load-out operation for a gas project offshore Vietnam, stating it was the heaviest load-out operation of its type in the country.
The Coastal Virginia Offshore Wind (CVOW) pilot project has started generating power, according to social media posts from Ørsted, which developed the project together with Dominion Energy. The 12 MW CVOW, located some 43 kilometres off the coast of Virginia Beach, is meant to provide the operationa
Jan De Nul has completed the installation of jacket foundations at Taiwan Power Company’s Changhua Phase 1 offshore wind project in Taiwan. Heerema Marine Contractors’ vessel Aegir, chartered by Jan De Nul, was responsible for installing the 1,100 metric tonne jackets at the site some 10km off the c
Monaco-based ship owner and operator Scorpio Bulkers is selling one of its non-scrubber-fitted bulkers, representing a first step in the company’s recently unveiled strategy focused on the offshore wind sector.
Singapore’s conglomerate Keppel Corporation has decided to review its offshore & marine business amid the sector’s challenging environment.
Seismic player SeaBird Exploration said that its source contract announced on 20 April 2020 has been terminated by the charterer. Namely, the Oslo-listed SeaBird secured a letter of award in April for a project in South America. The contract should have taken place in the third quarter of this year,
US-based provider of maritime logistics and transportation solutions Pangaea Logistics Solutions has acquired an additional one-third equity interest in its partially-owned consolidated subsidiary Nordic Bulk Holding Company Ltd. (NBHC) from one of NBHC’s current shareholders.
This downturn’s impact on offshore pipeline demand is lighter than that of 2016 and recovery is likely to be swift, led by projects in the Middle East, Rystad said on Monday.
Subsea cabling specialist JDR has won a contract to supply a 5.5-kilometre 33kV fiber optic power cable and a steel tube subsea isolation valve (SSIV) umbilical for a BP platform project offshore Azerbaijan. The cable will connect an existing platform to the new platform to provide power share as we
UAE-based port operator Abu Dhabi Ports, part of ADQ, has acquired MICCO Logistics, a local freight forwarder, becoming a fully integrated supply chain logistics provider.
India’s largest importer of liquefied natural gas Petronet LNG has bought an LNG spot cargo for November under the Platts West India Marker (WIM).
