Jersey Oil & Gas (JOG) has completed the acquisition of an additional 70 per cent working interest in Licence P2170 (Blocks 20/5b and 21/1d) from Norway’s Equinor.
The City of Portland is seeking a permit from the Army Corps New England District to conduct work in waters of the U.S. in conjunction with construction of a confined aquatic disposal (CAD) cell in Portland Harbor in South Portland, Maine. This work is proposed in the Fore River in Portland Harbor i
The U.S. Army Corps of Engineers, Jacksonville District recently opened public comment on the Draft Environmental Assessment (EA) and proposed Finding of No Significant Impact (FONSI) regarding the continued periodic renourishment of Segment II, a part of the Broward County Shore Protection Project
Malaysian energy giant Petronas said it has recently entered into a liquefied natural gas supply deal with China’s Tiger Clean Energy. The first virtual LNG deal for Petronas signed via a video teleconference will see the Malaysian company supply an ISO tank filling facility on the island of Borneo.
Using their decades of experience in the oil and gas sector, three majors are moving forward with a project which will enable the transport of carbon dioxide captured from industrial sites in Norway and its storage in a reservoir below the seabed in the North Sea off Norway.
Earlier this month, Heerema Marine Contractors’ giant semi-submersible crane vessel Sleipnir completed its first decommissioning campaign of the season.
Floatel International, a provider of offshore accommodation rigs, has entered into an agreement with bondholders for an extension of a forbearance agreement until 15 June 2020.
DOF and DOF Subsea have entered into standstill agreements with secured lenders, representing 93 per cent of the secured debt. Pursuant to said agreements, the companies will suspend payments of principal and interest until 30 June 2020. The deals excluded payments on the NOK 100 million credit faci
Global Maritime Forum, World Economic Forum, Friends of Ocean Action, International Association of Ports and Harbors, Environmental Defense Fund, and University College London Energy Institute have partnered with global network P4G. The new P4G Getting to Zero Coalition Partnership builds on the Get
New York-based Stonepeak Infrastructure Partners has entered a USD 145 million mezzanine debt agreement with AMP Capital to support the acquisition of Swancor Renewable Energy and the construction of the Formosa 2 offshore wind farm in Taiwan. “The transaction represents our first infrastructure deb
A routine maintenance dredging project is about to begin within the Trafalgar Wharf Approaches, informs the Queen’s Harbour Master Portsmouth. The dredging of the Trafalgar Wharf Approaches will be conducted by Jenkins Marine Ltd, commencing on the 19 May 2020. As reported, the vessel conducting thi
Oil and gas company KrisEnergy has decided to promote its interim chief financial officer (CFO) to a permanent role.
Dutch shipbuilder Damen Shipyards Group has signed an agreement with Korean-based Hanjin Heavy Industries and Construction (HHIC) to deliver a complete components package for a multi-purpose vessel.
National Marine Dredging Company (NMDC) has just announced the inauguration of the backhoe dredger Sarb in the Netherlands. The inauguration comes as a part of NMDC’s international growth and fleet investment strategy which is aimed at positioning the company as a leader in the industry. The contrac
