GasLog has signed an Export Credit Agency-backed debt financing of USD 1.05 billion with twelve banks.
Successful results of Yakaar-2 and Orca-1 wells could underpin future developments
Thailand’s national oil and gas company PTTEP has set aside total expenditure of $4.6 billion for 2020 and a whopping $24.6 billion budget for the next five years.
Fugro has been awarded a 5-year contract by the National Oceanic and Atmospheric Administration (NOAA) to provide hydrographic surveying services in the US. The contract was issued by NOAA’s National Ocean Service, Office of Coast Survey, to support the creation and maintenance of highly accurate na
Port of Palm Beach, Florida, has just released a new video on their YouTube Channel giving a unique look inside the 2019 Lake Worth Inlet dredging operations. The Inlet is undergoing the dredging in order to remove sand shoals from the inlet that caused draft restrictions at the Port. The U.S. Army
Naval Group has been selected by the Netherlands Ministry of Defence (MOD) to enter the next phase in the selection process for the Submarine Replacement programme. Naval Group joins Saab and TKMS in the final “knock-out” phase, with the contract award (D-Letter) expected some time around 2022. As r
WWF-Canada has supported a ban on the use of open-loop scrubbers and discharges from hybrid scrubbers.
After seven record years of operational growth, Abu Dhabi Ports flagship Khalifa Port is now set for further expansion. The South Quay development, which will be completed by Q1 of 2021, is composed of a three km quay-wall with 18.5 meters along-side draft for general cargo, ro-ro and bulk usage. It
Offshore Wind Innovators, a community for companies active in the Dutch offshore wind industry, is set to become part of TKI Wind op Zee from 1 January 2020. According to Offshore Wind Innovators, the transition results from the fact that InnovatieLink, one of the founders of the community, will end
Cable specialist NKT said that its chief financial officer Roland M. Andersen has decided to resign. According to the company, Andersen plans to leave no later than end-June 2020. Andersen also took on the role of interim CEO in November last year, and was succeeded by Alexander Kara in August this
UK consultancy Frazer-Nash and the German Fraunhofer Institute for Wind Energy Systems (IWES) have signed a Memorandum of Understanding (MoU) to collaborate in the offshore wind energy market. The two parties signed the deal in Bremerhaven, Germany, under which they will work together on asset manag
Napier Port has received resource consent to develop an artificial reef 1.4 kilometers north east of Pania Reef, using limestone rock from a revetment wall that will be dismantled as the company builds a new wharf to support regional growth. Commenting the latest announcement, Napier Port Chief Exec
Petrofac, in a joint venture with Azerbaijan’s SOCAR, has secured a project management services contract to support BP’s operations in Azerbaijan and Georgia.
The Canal & River Trust (UK) has announced an update on a £43.6 million winter works program being performed across England & Wales. According to the update, dredging has been completed on the Macclesfield Canal and on the Worcester & Birmingham Canal, where the Trust has removed 27,000 tons of cont
