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François Gratton, executive vice-president, TELUS Group
Business & Finance

Telus and Canada invest $15M in new subsea link

Telus and the government of Canada will deploy a submarine fibre-optic cable between Sept-Îles and the Gaspésie region. The Communications and information technology company and Canada will invest $15 million into this new link. This connection will improve the reliability and security of telecommun

about 6 years ago
An aerial photo of the Galloper offshore wind farm in the UK
Business & Finance

Galloper offshore wind farm bolsters green credentials

The Galloper offshore wind farm in the UK has received the ISO 14001 certificate in recognition of improved environmental performance. Awarded by Lloyds Register, the ISO 14001:2015 is an internationally recognized Environment Management System (EMS) that highlights continuous improvement and reduce

about 6 years ago
Illustration; Source: Siem Offshore
Business & Finance

Siem Offshore scores extensions for AHTS trio in Australia

Norwegian offshore vessel provider Siem Offshore has been awarded contract extensions for three of its anchor handling tug and supply (AHTS) vessels in Australia.

about 6 years ago
Boxship
Business & Finance

Despite modest recovery, global marine insurance sees uncertain future

Marine underwriting premiums for 2019 saw a reduction of 0.9% year over year and were estimated at $28.7 billion, the International Union of Marine Insurance (IUMI) said.

about 6 years ago
MDL appointments
Business & Finance

MDL eyes global growth with new team boost

MDL has implemented organisational changes to its management and business development teams as it targets global growth in the “new normal” energy market. Andrew Blaquiere, previously VP Americas, joins the MDL board as managing director and will be overseeing the day-to-day business operations. The

about 6 years ago
Eni gas discovery offshore Egypt
Business & Finance

Eni hits new gas discovery offshore Egypt

Eni has made a new gas discovery in the Great Nooros Area, located in the Abu Madi West Development Lease, in the conventional waters of the Nile Delta, offshore Egypt.

about 6 years ago
Guillaume Gréau, HydroQuest’s head of business development
Business & Finance

Ocean Energy Europe welcomes HydroQuest to its board

French tidal energy developer HydroQuest is joining the Ocean Energy Europe board of directors as a lead partner. Specifically, HydroQuest will be represented by Guillaume Gréau, head of business development. Building on a decade’s experience in developing river current turbines, in 2016 HydroQuest

about 6 years ago
Neptune's Dutch North Sea assets
Business & Finance

Neptune extends CHC gig in Dutch North Sea

Neptune Energy has extended its contract with CHC Helicopters, covering the Dutch sector of the North Sea, for further two years.

about 6 years ago
COSCO
Business & Finance

COSCO Shipping Ports eyes stake in Guangxi Beibu Gulf Terminal

Port operator COSCO Shipping Ports Limited revealed plans to buy into Guangxi Beibu Gulf Terminal, a container terminal in China.

about 6 years ago
Ørsted-Names-Country-Manager-in-Japan
Business & Finance

Ørsted names country manager in Japan

Ørsted has appointed Jun Kasamatsu as its new Country Manager for Japan, effective from 24 August. According to the Danish company, Kasamatsu is an experienced leader with over 20 years of professional experience in renewable energy, structured finance, and investment banking. “As Country Manager f

about 6 years ago
Energean Power FPSO hull
Business & Finance

Energean inks two new gas sales agreements for Karish project

Energean has signed two new gas sales and purchase agreements (GSPAs) for the sale of gas from its Karish project located offshore Israel, which is expected to come online in the second half of 2021.

about 6 years ago
Wilhelmsen-Buys-Into-Edda-Wind
Business & Finance

Wilhelmsen buys into Edda Wind

Wilhelmsen has entered into an agreement with Østensjø Group to acquire 25% of its offshore wind business unit Edda Wind. As part of the agreement, Wilhelmsen also secured an option to buy another 25% before June 2021. Edda Wind currently has two vessels in service and four service vessels on order

about 6 years ago
Lukoil
Business & Finance

GALLERY: Lukoil installs jackets for ice-resistant platform in Caspian Sea

Russia’s Lukoil has completed the installation of the jackets of the fixed ice-resistant platform at the V.I. Grayfer field in the Caspian Sea.

about 6 years ago
SBM Offshore
Business & Finance

Petrobras in talks with SBM Offshore for largest oil production unit in Brazil

SBM Offshore and Petrobas are in talks for the charter of an FPSO vessel for operations on the Buzios field located in the Santos basin, offshore Brazil.

about 6 years ago
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