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Wilson bulker
Business & Finance

Wilson and Arkon join forces to create shortsea giant, take on environmental regulations

Norwegian short-sea operator Wilson ASA has signed a deal with German counterpart Arkon Shipping GmbH & Co. KG to make the largest short sea player in Europe. Under the deal, Wilson will take about 20 dry bulk carriers on a long-term lease from Arkons’ represented coaster fleet, including Hanse Eco

about 6 years ago
Energean Power FPSO hull; Source: Energean
Business & Finance

Delek sells rights to royalties from Karish and Tanin fields

Delek Group and Delek Energy have signed an agreement with a third party for the sale of the rights to royalties regarding 26.4705 per cent of rights in the Karish and Tanin leases for oil, gas, and other valuable materials produced and processed at the leases.

about 6 years ago
Stena Forth drillship
Business & Finance

BPC picks Stena instead of Seadrill for Bahamas drilling contract

Bahamas Petroleum has signed a drilling contract with Stena Drilling for the provision of a rig for its Perseverance #1 well, located offshore The Bahamas, thereby ditching its previous plans to use a Seadrill-owned rig.

about 6 years ago
GasLog Warsaw delivering a cargo to the Swinoujscie terminal
Business & Finance

PGNiG takes more regas capacity at Polish LNG terminal

Poland’s state-owned gas company PGNiG has secured additional regasification capacity at the country’s sole liquefied natural gas terminal in the port of Swinoujscie. The company said in a statement it booked 8.3 billion cubic meters of regasification capacity at the LNG terminal from 2024 to 2040.

about 6 years ago
Saipem to support Equinor’s energy transition journey through new engineering deal
Business & Finance

Saipem to support Equinor’s energy transition journey through new engineering deal

Italian offshore contractor Saipem has signed a two-year frame agreement with Norwegian energy giant Equinor covering engineering services worldwide.

about 6 years ago
Teledyne CARIS boosts USA sales team
Business & Finance

Teledyne CARIS boosts USA sales team

Teledyne CARIS, a Teledyne Technologies company, has appointed Geoff Dean to the group as USA sales manager. In this role Dean will concentrate on expanding the reach of Teledyne CARIS software products. Andy Hoggarth, director of sales and business development, said: “Geoff’s 20 years of industry e

about 6 years ago
Conrad confirms Mako as one of largest gas fields ever discovered in West Natuna Basin
Business & Finance

Conrad confirms Mako as one of largest gas fields ever discovered in West Natuna Basin

An independent resources audit of the Conrad Petroleum-operated Mako gas field, located in the Duyung PSC offshore Indonesia, has confirmed a significant upgrade, showing that the Mako field is one of the largest gas fields ever discovered in the West Natuna Basin.

about 6 years ago
TC Energy secures LNG Canada feeder pipeline funds
Business & Finance

TC Energy secures LNG Canada feeder pipeline funds

TC Energy Corporation sold 65 per cent equity interest in the Coastal GasLink Pipeline project.

about 6 years ago
Santos headquarters
Business & Finance

Santos wins Queensland gas permits

Australian LNG player Santos said Monday it has secured four new gas exploration permits in the Surat Basin east of Roma in Queensland. Two of the permits are for domestic-only supply and two could supply both domestic and liquefied natural gas markets, according to Santos. Santos chief executive Of

about 6 years ago
Brent Charlie & Delta
Business & Finance

Low oil prices could play pivotal role in boosting decommissioning spending, Rystad says

With few profitable investment alternatives, operators are now likely to increase spending in decommissioning work, according to Rystad Energy.

about 6 years ago
Colac Otway Highlights Importance of Coastal Protection
Business & Finance

Colac Otway Highlights Importance of Coastal Protection

Colac Otway Shire, a local government area in the Barwon South West region of Victoria, Australia, is calling on the State Government to commit $4.3 million to urgently address coastal erosion which is severely impacting the coastline in and around Apollo Bay. Colac Otway Mayor, Cr Jason Schram, sai

about 6 years ago
Donna Reservoir Dredging Wraps Up
Business & Finance

Donna Reservoir Dredging Wraps Up

The U.S. Environmental Protection Agency and Texas Commission on Environmental Quality recently completed removal of nearly 14,000 cubic yards of contaminated sediment from the Donna Reservoir and Canal System Superfund site in South Texas. The sediment was removed from a half-mile section of the ca

about 6 years ago
OOS International’s newbuild SSCV awaits sea trials
Business & Finance

OOS International’s newbuild SSCV awaits sea trials

OOS International has informed that its newbuild semi-submersible heavy lift crane accommodation vessel (SSCV) OOS Serooskerke has been completed and is awaiting sea trials.

about 6 years ago
Germans-Appealing-for-2-GW-Offshore-Wind-Tender
Business & Finance

Germans appealing for 2 GW offshore wind tender

Germany’s WAB, Greenpeace Energy and H2BX are calling for the special 2 GW offshore wind tender to be implemented quickly and that areas be put out to tender before the end of the year. In a letter to German Chancellor Angela Merkel and Federal Minister of Economics Peter Altmaier, the parties claim

about 6 years ago
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