BW Offshore has signed an extension agreement for the Abo FPSO with a subsidiary of Eni.
Subsea services provider Aqueos has completed saturation diving and ROV campaigns for multiple clients on US North East Coast and a project on the West Coast. The DP2 DSV Kelly Ann Candies conducted IMR work on multiple LNG offloading facilities in the area in depths down to ~350fsw. Work also inclu
Prosafe and Floatel International have agreed an extension of a share purchase agreement related to a proposed merger of the two companies amid concerns raised by competition authorities.
Royal Boskalis Westminster N.V. (Boskalis) was recently awarded a contract for design and construction of the Pasay Reclamation Development Project in Manila Bay, Philippines. The project will be jointly developed by Boskalis and China Harbor Engineering Company Ltd (CHEC). The scheme has an estimat
Electricity produced by wind turbines covered 46.9% of consumption in Denmark in 2019, setting a new record for the country and for the world, according to Wind Denmark. This is a 3.5% increase in the share of wind energy in the mix compared to the country’s second-best result of 43.4% set in 2017.
Muscat-based Oman Shipping Company has completed a USD 80 million “Ijara” transaction.
Valaris has received a $200 million payment following the conclusion of arbitration proceedings with Samsung Heavy and has secured new contracts for its rig fleet, adding $100 million to its contract backlog.
The Hawaii Department of Transportation (HDOT) Harbors Division has announced that it is moving forward with Phase 2 of the Kapalama Container Terminal (KCT) project at Honolulu Harbor – the cornerstone of the Harbors Modernization Plan. According to the HDOT, the project is the largest capital impr
Subsea 7 has made additions to its executive management team as the new CEO takes over, effective from 1 January, 2020. John Evans is now in place as chief executive officer, succeeding Jean Cahuzac who retired at the end of 2019, but remains on the board of the company as a non-executive director.
Offshore oilfield contractor Gulf Marine Services has been awarded two new contracts in the Middle East.
Euronav entered into a sale and leaseback agreement for three very large crude carriers.
Ordtek, an UXO risk management consultancy based in both the USA and UK, has appointed Gary Thirkettle as the new operations director. Lee Gooderham, managing director at Ordtek said: “We are delighted to welcome Gary to the team. Gary’s expertise within the offshore industry will complement our str
The U.S. Army Corps of Engineers’ New Orleans District has scheduled two public meetings regarding the release of the Upper Barataria Basin Louisiana – Feasibility Study with Integrated Environmental Impact Statement. The Tentatively Selected Plan (TSP) identified to undergo further feasibility-leve
Subsea 7 has made changes to its executive management team, effective from January 1, 2020, including a new CEO.
