A Rystad Energy analysis of the top 50 OFS firms shows that staffing is set to reach its lowest level in more than 10 years.
Additional funds will provide two more years of maritime innovation for the region
Bladt Industries has noted a loss of DKK 42 million (approximately € 5.6 million) in its full-year 2019 results, but at the same time the company also reported a record-high order book and workforce increase. Namely, the company registered an extraordinary write-down of DKK 85 million (approx. € 11.
Heerema’s giant semi-submersible crane vessel Sleipnir has removed Shell’s 10100 mT Brent Alpha jacket, which was located in the UK North Sea.
A unit of China’s State Power Investment Corporation has purchased stakes in two plants as part of a Brazilian LNG-to-power project located in Rio De Janeiro. SPIC Brasil entered the deal with the project operator, Gas Natural Acu. GNA is a venture consisting of UK’s energy giant BP, Germany’s engin
Deltic Energy has significantly boosted gas volumes and decreased risk profile at the Selene prospect located in the UK North Sea.
The Leicestershire based Nylacast has acquired subsea engineering firm Supergrip. Nylacast Group specialises in the design, development and supply of precision engineered polymer solutions. The company employs over 400 staff at its headquarters. Group services a global market through its two divisio
Modern Energy Management (MEM) has completed its scope of work on the 78 MW Ecotech intertidal wind farm in Vietnam. MEM provided overall project management for the development team and early works scope along with technical support during technical and commercial negotiations. “We selected Modern E
World’s leading offshore wind developer Ørsted reported a 17 per cent increase in earnings from offshore and onshore wind farms in operation in the first half of 2020. The earnings, which stood at DKK 8.2 billion (EUR 1.08 billion), were driven by the ramp-up of power generation from the Hornsea Pro
Vestas has secured a 50 MW wind turbine order for the second phase of the Hoa Binh 1 intertidal wind farm in Vietnam. The wind turbine supplier received an order for the project’s first 50 MW phase in December 2019, which included 13 V150-4.2 MW turbines, with ten of them delivered in 3.8 MW and [&h
Offshore drilling contractor Awilco Drilling is looking into ways to finance its remaining commitments for a newbuild rig ordered at Keppel.
India’s Petronet LNG said Tuesday it invoked a force majeure for nine long-term cargoes with its suppliers due to lower demand in the country caused by the Covid-19 lockdown. The country’s largest LNG importer has a deal to buy 7 mtpa from Qatargas and 1.44 mtpa from Exxon Mobil from the Gorgon proj
MingYang Smart Energy now has 1,000 MW in installed offshore wind turbines, according to the company’s social media post from 11 August. The company reached the milestone with the Yangjiang Nanpeng Island offshore wind farm, owned by China General Nuclear Power Group (CGN), which will feature 73 MyS
Norwegian subsea contractor Ocean Installer has established a new business segment – developer of offshore wind. Consequently, the company has appointed Olav Hetland to the role of director Offshore Wind Farms to lead this strategy. This follows the appointment of Even Larsen as the director of Offs
