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Saad Sherida Al-Kaabi; Source: Qatar Petroleum
Business & Finance

Qatar Petroleum enters two Total blocks off Ivory Coast

State-owned Qatar Petroleum (QP) has entered into an agreement to acquire stakes in Total’s two exploration blocks offshore the Ivory Coast.

about 6 years ago
Siemens Gamesa signs Hornsea Two bank guarantee line
Business & Finance

Siemens Gamesa signs Hornsea Two bank guarantee line

Siemens Gamesa has signed a bank guarantee line for up to EUR 600 million to cover the construction of components for the 1.4 GW Hornsea Two offshore wind farm. Located in the North Sea and owned by Danish utility company Ørsted, the farm will consist of 165 Siemens Gamesa wind turbines. BNP Paribas

about 6 years ago
Meeting Set for PONO Channel Deepening Study
Business & Finance

Meeting Set for PONO Channel Deepening Study

The U.S. Army Corps of Engineers, New Orleans District, has scheduled a virtual public meeting regarding the Port of New Orleans Access Channel Deepening Feasibility Study (PONO) at 1 p.m. on Wednesday, May 20, 2020. A Tentatively Selected Plan (TSP) has been identified to deepen the access channel

about 6 years ago
North-Carolina-Issues-Call-for-Offshore-Wind-Supply-Chain-Study
Business & Finance

North Carolina issues call for offshore wind supply chain study

The North Carolina Department of Commerce has issued a Request for Proposals (RFP) to solicit an offshore wind supply chain and infrastructure assessment. The analysis will identify North Carolina’s existing strengths and capabilities relating to the offshore wind sector, and help develop a strategi

about 6 years ago
Alfa Laval
Business & Finance

Alfa Laval wants to become carbon neutral by 2030

Alfa Laval, a Swedish-based supplier of products and solutions for heat transfer, separation and fluid handling, has joined the ‘1.5°C Business Playbook’, a spin-off from the ‘Exponential Roadmap’ initiative. The playbook is a guide for climate strategy and action, and it aims to transform the econo

about 6 years ago
Fuels and the Transition to ZERO-EMISSION Vessels
Business & Finance

Fuels and the Transition to ZERO-EMISSION Vessels

Emission reduction is one of the biggest innovation challenges for the maritime industry. In recent years, this was mainly driven by the implementation of strict emission regulations, such as the IMO global sulphur limit. As a result of the Paris Agreement, the focus is shifting towards the reductio

about 6 years ago
Seafarer on a ship
Business & Finance

Unions, employers give govts one month to sort out crew changes

After extending seafarers’ contracts at sea twice due to the overall challenges for executing crew changes and keeping seafarers safe from exposure to COVID-19, the unions and employers have given governments one month to facilitate crew changes. The deadline was revealed last week following the lat

about 6 years ago
Total logo
Business & Finance

Total buys EDP’s assets in Spain

French energy company and LNG player Total has agreed to buy some power and gas assets in Spain from Portugal’s EDP. The deal includes 2.5 million B2C customers and two gas-fired combined cycle power plants, which represent an electricity generation capacity of nearly 850 megawatts, Total said on Mo

about 6 years ago
Equinor bites dust in North Sea well
Business & Finance

Equinor bites dust in North Sea well

Equinor has drilled a dry well near the Fram field in the North Sea offshore Norway.

about 6 years ago
VIDEO of the New Hugh K. Leatherman Terminal
Business & Finance

VIDEO of the New Hugh K. Leatherman Terminal

S.C. Ports Authority (SCPA) has just released this incredible video of the Hugh K. Leatherman Terminal (HLT) – the country’s newest container terminal. According to SCPA, the new wharf is over 80% complete as construction progresses on Phase One of the new container terminal. The Hugh K. Leatherman

about 6 years ago
Contract Awarded for Pender – Logan Creek Levee
Business & Finance

Contract Awarded for Pender – Logan Creek Levee

The U.S. Army Corps of Engineers, Omaha District, awarded a $7.1 million construction contract Wednesday to Michels Corporation of Brownsville, Wisconsin, to repair the Pender – Logan Creek Right Bank levee system in Pender, Nebraska. This is the 17th contract the Omaha District has awarded to repai

about 6 years ago
Goldboro LNG
Business & Finance

Regulator blocks Pieridae Energy’s asset buy from Shell

Alberta’s energy regulator has blocked a deal between Canada’s Pieridae Energy, the developer of the Goldboro LNG export project, and Shell’s Canadian unit citing clean-up concerns. Pieridae closed a deal worth C$190 million ($134.9m) in October last year to buy Shell’s midstream and upstream gas as

about 6 years ago
Highlights of the Week
Business & Finance

Highlights of the Week

Dredging Today brings you an overview of the most popular stories from the past week (May 11-17, 2020). Tema Port Expansion Completed Ahead of Schedule Meridian Port Services Limited (MPS) successfully completed the entire Phase 1 works of the Tema Port Expansion Project in Ghana (also known as Te

about 6 years ago
Petrofac
Business & Finance

Petrofac reveals fresh cost-cutting plans

In order to mitigate the effects of coronavirus crisis and low oil prices, oilfield services provider Petrofac is taking further action to reduce costs and preserve balance sheet.

about 6 years ago
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