Malaysian FPSO provider Yinson has completed an $800 million refinancing deal for the John Agyekum Kufuor FPSO.
The RECOVER Lake Okeechobee Stage Performance Measure used to evaluate regional scenarios for the Comprehensive Everglades Restoration Plan (CERP) has been approved by the RECOVER (Restoration, Coordination & Verification) Executive Committee. RECOVER (REstoration COordination & VERification) is a m
Australia’s Santos said Thursday it had signed a letter of intent to sell a 12.5 per cent stake in the Barossa project to Japan’s LNG trading giant JERA. The Barossa gas field in northern Australia is being developed to secure feed gas for the Darwin LNG plant in which JERA already has a 6.1 per [&h
Hexatronic Cables & Interconnect Systems has recently signed multiple agreements for fiber optic submarine cable. The total value of the agreements amounts to SEK 40 million, of which most of it is from new customers in several different countries such as the Philippines, Honduras, Ghana, St. Maarte
Spanish shipping company Baleària wrapped up 2019 with turnover and EBITDA growth of 19 per cent.
Aker Solutions and Cognite have secured a $2 million grant from the California Energy Commission (CEC) for an offshore wind energy technology project. The NextWind Real Time Condition Monitoring project aims to develop a holistic digital solution that will enable monitoring the condition of an offsh
Work is progressing well on Timor-Leste’s new $490 million deepwater container port, reports BMC Line Shipping. The company announced that the main contractor is shipping the first batch of steel pipes for the construction of new port this week. Chinese state-owned construction group China Communica
Malaysian FPSO operator Bumi Armada has received an extension of a charter contract for its Armada Sterling FPSO from India’s ONGC.
Danish bunker company Monjasa reported an improved business performance on the back of the sulphur cap regulation that entered into force on January 1, 2020, marking a global transition of ships to cleaner fuels. The company said that its volumes were up by 10 per cent reaching 4.5 million metric to
SSE Renewables has warned that the cost of offshore wind will not be the reason for the UK missing its target of 40 GW of offshore wind capacity by 2030, but rather the significant barriers to deployment, many of which are increasing. The barriers the industry is currently facing range from consenti
Noble Energy has further reduced its 2020 capex, executive team salaries, and implemented a furlough program for employees.
Vattenfall is calling on the UK government and offshore wind industry to make different procurement approaches so more local businesses are able to supply new-generation projects. In its Norfolk Vanguard and Norfolk Boreas Offshore Wind Supply Chain: Opportunities and Expectations Workshop Report, V
The U.S. Army Corps of Engineers, New York District, recently released a video about the Sea Bright to Long Branch Beach Restoration Project. In the video, Jason Shea, project manager, USACE New York District, discusses the ongoing beach restoration work as part of the Sandy Hook to Barnegat Inlet N
The Energy Market Authority (EMA) and Keppel Offshore & Marine have established a $10 million partnership and signed a Memorandum of Understanding (MOU) to develop energy solutions in the areas of distributed energy resources, digitalisation, and emerging low carbon alternatives.
