Ocean Power Technologies (OPT) has welcomed Gilar Prakoso to the OPT commercial team as Asia-Pacific representative, based in Jakarta, Indonesia. “The Asia-Pacific region presents significant opportunities for OPT’s power and communications solutions among nations concerned with maritime border enfo
By 2035, Taiwan will become the largest offshore wind market in the Asia-Pacific (APAC) region after China, with 15 GW of capacity estimated to be added by that time, according to GlobalData. “Taiwan offshore wind market is poised to witness multifold expansion to reduce its reliance on fossil fuel
Norwegian oil and gas company Equinor has completed a logistics operation with a drone to an offshore installation in the North Sea offshore Norway.
The Netherlands-based foundation manufacturer Sif Group is in exclusive negotiations for two new projects in the offshore wind sector. The company left the project names and other details undisclosed, however, it said one of them is in Europe, more specifically in the North Sea. For the European pro
Navigant Netherlands has secured a contract to provide assistance in structured discussions with policymakers to realize the North Sea Wind Power Hub (NSWPH). The Dutch company will provide support services to assist in structuring, initiation, and management of structured discussions with policymak
Oil and gas operators in the U.S. Gulf of Mexico are slowly returning to their offshore facilities following an evacuation due to Hurricane Laura.
Tekmar Energy, a Tekmar Group company, has appointed Marc Bell as director of Operations and Leanne Wilkinson as finance director. Marc is an industry professional with over 20 years technical and operational management experience. Marc previously held positions as director of Operations with JDR Ca
Denmark-based shipping company Hafnia has posted a net profit of $97.7 million for the second quarter of the year, claiming the best quarterly result in the company’s history despite uncertainties caused by COVID-19. The company’s net profit for the first six months amounted to $ 174.8 million with
Tanker shipping company Frontline booked a net income of $365 million for the first half of 2020, the strongest first half in more than 10 years, cashing in on strong quarterly earnings. For the second quarter, the Norwegian shipowner reported a net income of $199.7 million amid higher charter rates
French oil major Total has started drilling the Luiperd-1X well, the second exploration well on Block 11B/12B offshore South Africa.
Shearwater GeoServices has received an award for a large towed streamer 3D acquisition and fast track processing project by Total in Mauritania.
Norwegian LNG transportation provider Awilco reported a net loss for the second quarter of 2020 as the COVID-19 pandemic impacted global economic activity and energy demand.
McDermott has informed that Andrew F. Gould, former Chairman and CEO of Schlumberger, has joined its board of directors.
Russia’s largest shipping company Sovcomflot logged a 149 percent rise in first-half net profit on the back of a strong term contracts portfolio. Sovcomflot reported a net profit of $226.4 million in the January-June period, compared to $91 million a year ago. Revenue increased by 19.8 per cent year
