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Wind turbine being installed at the Gwynt y Mor offshore wind farm
Business & Finance

Siemens, Stadtwerke München take stake in Awel y Môr offshore wind farm

Stadtwerke München and Siemens Financial Services have joined RWE in developing the Awel y Môr offshore wind farm by acquiring a 30 per cent and 10 per cent stake in the project, respectively. RWE, which now holds 60 per cent share of the project, is leading the development of the offshore wind farm

about 6 years ago
Neil Platt; Source: Hurricane
Business & Finance

Hurricane Energy chief operations officer passes away

Chief operations officer (COO) and executive director of London-listed oil explorer Hurricane Energy has passed away.

about 6 years ago
Chris Haworth
Business & Finance

SeeByte getting new chief executive officer

Software developer for unmanned maritime systems SeeByte has appointed Dr Chris Haworth as the company’s new chief executive officer. The appointment becomes effective August 2020. At the same time, Dr Scott Reed will become SeeByte’s chief technology officer. For Haworth, this is a promotion from p

about 6 years ago
Saipem's FDS vessel
Business & Finance

Saipem bags $325 million through new pre-salt job with Petrobras

Saipem has been awarded a contract by Petrobras for the installation of a rigid riser-based subsea system to serve the Búzios pre-salt project offshore Brazil.

about 6 years ago
Illustration - one of RockRose's assets in the UK North Sea; Source: RockRose Viaro
Business & Finance

Viaro to acquire RockRose Energy for $308 million

Independent energy company Viaro Energy has made an offer for the acquisition of the entire share capital of UK-based oil and gas company RockRose Energy.

about 6 years ago
The Statfjord B platform
Business & Finance

Equinor awards Statfjord engineering and installation job to Apply

Equinor has awarded Apply a framework agreement for engineering and installation services on the Statfjord field located in the North Sea.

about 6 years ago
LNG carrier Flex Artemis
Business & Finance

Flex inks new charter deals as LNG fleet count rises

Flex LNG, the shipping company controlled by billionaire John Fredriksen, has secured new charter deals as it prepares to take the delivery of another newbuild vessel. South Korea’s Daewoo Shipbuilding & Marine Engineering will deliver the 173,400-cbm Flex Artemis in August. Following delivery, the

about 6 years ago
Tanker set for conversion into FPSO Anna Nery by Yinson; Source: ABB
Business & Finance

ABB to provide equipment for Yinson’s Anna Nery FPSO

ABB has signed an agreement with energy solutions provider Yinson for electrical, control and telecommunication equipment and services onboard the Anna Nery floating production, storage and offloading (FPSO) vessel bound for the Marlim 2 oil field in Campos Basin, offshore Brazil.

about 6 years ago
Illustration; Source: Sasol Mozambique
Business & Finance

Sasol relinquishes licence offshore Mozambique

South Africa-based energy company Sasol has decided to relinquish its exploration licence offshore Mozambique.

about 6 years ago
Tomislav Debeljak
Business & Finance

Kleven Verft files for bankruptcy after loan termination

Management of the Norwegian shipbuilder Kleven Verft AS, and its two subsidiaries Kleven Maritime Contracting AS and Kleven Maritime Technology AS, filed for bankruptcy last Friday. The initiation of bankruptcy proceedings comes after local banks decided to terminate a loan agreement, it has been co

about 6 years ago
Maersk
Business & Finance

Maersk to acquire Swedish customs service specialist

A.P. Moller – Maersk has reached an agreement with Bridgepoint Development Capital to acquire KGH Customs Services (KGH), a Sweden-based specialist in trade and customs management services in Europe. The move is aimed at bolstering Maersk’s capabilities as an integrated container logistics company.

about 6 years ago
MMA and Neptune
Business & Finance

MMA integrates Neptune under one brand

Australian offshore contractor Neptune Marine Services has been rebranded to MMA Offshore. This follows MMA’s acquisition of Neptune in November last year. The ASX-listed firm wrapped up the acquisition for the final purchase consideration of A$18.5 million. MMA said the rebrand will enable the comb

about 6 years ago
Spirit hits dust in Barents Sea well
Business & Finance

Spirit hits dust in Barents Sea well

Spirit Energy has drilled a dry well near the Johan Castberg field in the Barents Sea offshore Norway.

about 6 years ago
CMA CGM
Business & Finance

11 industry majors pave way for accelerating energy transition

Eleven industry majors including AWS, Carrefour Group, CMA CGM Group, Cluster Maritime Français, Crédit Agricole Corporate and Investment Bank, Engie, Faurecia, Michelin, Schneider Electric, Total and Wärtsilä have formed a coalition for the energy of the future. The coalition aims to accelerate the

about 6 years ago
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