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Normand Scorpion vessel - Solstad Offshore
Business & Finance

Inpex extends Ichthys gig for Solstad vessel duo

Solstad Offshore has received a contract extension from Inpex for the provision of two AHTS to support drilling for the Ichthys LNG development.

about 5 years ago
seafarers
Business & Finance

Danica: Each crew change costing up to $2,000 more amid COVID-19 impact

Individual crew changes are costing up to an additional $2,000, doubling the price since last year as a result of the COVID-19 pandemic, Danish-managed crewing specialist Danica said. The crewing agency said that the figure resulted from analysing a combination of fully allocated additional costs an

about 5 years ago
Maersk Valiant drillship - Maersk Drilling
Business & Finance

Noble Energy defers Colombian well plans and Maersk drillship contract

Noble Energy has changed its contract for a Maersk Drilling-owned drillship following a decision not to drill a well off Colombia this year.

about 5 years ago
NorgesGruppen eyes local offshore wind tender
Business & Finance

NorgesGruppen eyes local offshore wind tender

NorgesGruppen and its ASKO Fornybar have entered into a collaboration with Norseman Wind to potentially participate in the upcoming offshore wind tender in Norway. The parties are planning to develop an offshore wind farm with 1.4 GW of capacity at the Sørlige Nordsjø II area. According to NorgesGru

about 5 years ago
Höegh LNG boasts solid project pipeline amidst Q3 loss
Business & Finance

Höegh LNG boasts solid project pipeline amidst Q3 loss

Norway’s floating storage and regasification unit (FSRU) giant Höegh LNG posted a loss for the third quarter of 2020.

about 5 years ago
Illustration; Source: Total Libya
Business & Finance

Total discusses oilfield investment expansion in Libya

French oil major Total has discussed increasing energy investment in Libya where oil output has surged in the past two months following a truce in the country’s civil war.

about 5 years ago
CIMC Gretha SSCV - CIMC Raffles
Business & Finance

Crane vessel CIMC Gretha heads back home to China

CIMC Gretha, a semi-submersible crane vessel (SSCV) managed by CIMC Raffles, set sail from Curacao to Yantai, China on 1 1 November 2020.

about 5 years ago
Guinea Bissau blocks map
Business & Finance

PetroNor adds Guinea Bissau blocks to portfolio

PetroNor has added a high potential acreage offshore Guinea Bissau to its portfolio following a purchase of SPE Guinea Bissau AB.

about 5 years ago
West Hercules rig - Equinor
Business & Finance

Drilling permit to Equinor for North Sea wells

The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for two wells in the North Sea off Norway.

about 5 years ago
Golden Ocean
Business & Finance

Golden Ocean unveils major refinancing deal, returns to black in Q3

Bermuda-based dry bulk shipping company Golden Ocean has signed a loan agreement to fully refinance the $425 million credit facility which is secured by fourteen Capesize vessels.

about 5 years ago
shipbuilding
Business & Finance

VV: Shipbuilding orders in 2020 down by 41% YoY

Ordering of new ships in 2020 has decreased by 41 percent when compared to the same period in 2019, data from UK-based vessel valuation agency VesselsValue shows. According to a chart listing this year’s ordering patterns, a total of 532 ships have been ordered so far this year, worth a total of $26

about 5 years ago
Maersk containers
Business & Finance

Maersk CEO: LNG won’t play a big role for us as a transition fuel

The world’s largest container shipping company Maersk is likely to opt for a zero-emission alternative to fossil fuels rather than choosing LNG as a bridging fuel for the company’s fleet. “We don’t believe that LNG will play a big role for us as a transition fuel, because it is still a fossil fuel a

about 5 years ago
Deutsche Bahn Taps RWE for More Offshore Wind Power
Business & Finance

Deutsche Bahn taps RWE for more offshore wind power

Deutsche Bahn (German Rail) and RWE Supply & Trading have signed a 15-year power purchase agreement (PPA) for electricity produced at the Amrumbank West offshore wind farm. The PPA will begin in 2024 and run until 2039. The 288 MW Amrumbank West is located around 30 kilometres off the coast of Helig

about 5 years ago
Central Morecambe platform - Sparrows
Business & Finance

Spirit hires Sparrows for crane services across Morecambe Hub assets

Sparrows Group has been awarded a five-year contract by Spirit Energy for crane maintenance and lifting services across its Morecambe Hub assets.

about 5 years ago
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