Chilean operator of port, towage and logistics services Sociedad Matriz SAAM has placed a total of UF 1.2 million ($42 million) in bonds on the local market as the company prepares to wrap up the acquisition of Intertug.
Subsea technology firm Rovco has established a new office in the city of Edinburgh, Scotland. The new Scottish office location also establishes a dedicated operational base to serve Rovco’s current portfolio of offshore renewable and energy projects. The company said it aims to continue to support b
Oil and gas company Neptune Energy has decommissioned the L10-C, L10-D and L10-G platforms from the Dutch sector of the North Sea.
During the 2-month Covid-19 shutdown, Verdant Power made progress on the necessary steps to install its tidal power system in early autumn. Prior to the Covid-19 pandemic, the US-based company assembled turbines in New Jersey, with remaining components ready for final assembly. Verdant resumed its w
The US District Court of Texas has rejected a $250 million damage claim filed by Petrobras America against South Korean shipbuilder Samsung Heavy Industries.
Hyundai Heavy Industries (HHI), the biggest shipbuilder in South Korea, has decided to integrate its shipbuilding and offshore business divisions and scale back the organisation by about 20 per cent.
Woodside has filed environment plans for the Greater Western Flank 3 and Lambert Deep development drilling and subsea installation activities to NOPSEMA.
US energy giant Chevron signed a domestic gas sale agreement with BHP Billiton Nickel West for volumes from the Wheatstone LNG project.
Australian oil and gas company FAR Limited is in default of its payments for the Woodside-operated Sangomar development located offshore Senegal
China, the world’s largest energy consumer, boosted its imports of liquefied natural gas by 19 per cent in May. LNG imports totalled 5.23 million tonnes last month, data from the General Administration of Customs showed on Tuesday. In the January-May period, the country imported 25.48 million tonnes
Belgian electricity and gas supplier Lampiris and Otary have approved a long-term power purchase agreement (PPA) for all of the electricity generated at the 309 MW Rentel offshore wind farm. The agreement must still be submitted for approval to the Electricity and Gas Regulation Commission (CREG). I
Taiwan’s CS Wind and Chin Fong Machine Industrial have completed the first 20 locally-made offshore wind turbine towers, Siemens Gamesa said. These are the first-ever turbine towers to be made in Taiwan for a Taiwanese offshore wind project, according to Siemens Gamesa. Scheduled for delivery in 202
Awilco LNG has agreed certain amendments to financial covenants in the sale/leaseback deals for its LNG tanker pair.
Cruises Investment Holding and Royal Caribbean Group (RCL) have filed for the reorganisation of their Pullmantur Cruceros joint venture under the terms of Spanish insolvency laws.
