Providence Resources chief executive officer, Tony O’Reilly, has stepped down from his position and from the board with immediate effect. The board has initiated a process to identify and recruit a new CEO to lead Providence in its next phase of development. O’Reilly has agreed to work with the boar
Tsakos Energy Navigation extends a charter contract of one of its LNG carriers at a higher rate.
Subsea services provider DeepOcean has been awarded a contract by Equinor for IMR services in 2020.
Luminus, the largest shareholder of offshore drilling contractor Valaris, has decided to call a meeting of shareholders with an intention to nominate new directors to the board amid ‘grave concerns’ about the company’s performance.
The UK-based InfraStrata has completed the acquisition of the assets of Harland and Wolff. InfraStrata now has 100% ownership of the assets following a GBP 3.30 million payment to the administrator BDO LLP, in line with the payment schedule. An additional GBP 1.45 million is payable by 30 April 2020
The Louisiana Coastal Protection and Restoration Authority (CPRA) and the Gulf Coast Ecosystem Restoration Council have announced a public meeting to present the Council’s Funded Priorities List (FPL 3a). This will be the first in-person Gulf Coast public meeting held during the RESTORE Council’s 32
In 2020, the European Institute of Innovation & Technology (EIT) will invest EUR 500 million in its Knowledge and Innovation Communities across Europe – the EIT Governing Board decided. This investment will drive European innovation in the areas of climate (EIT Climate-KIC), digitisation (EIT Digita
Indian Register of Shipping and Further Marine Technology are to cooperate on bulk carrier designs.
Amsterdam Capital Partners (AMSCAP), G8 Subsea, Saemangeum Development and Investment Agency of Korea (SDIA) and Saemangeum Offshore Wind Power (SOWP) have agreed to jointly develop offshore wind in Korea’s Samangeum Industrial Complex. AMSCAP and G8 will work mainly alongside SOWP respectively in a
AET Tanker Holdings pens three time charter contracts for three shuttle tankers.
Norwegian offshore vessel owner Solstad Offshore has signed contract extensions for two platform supply vessels (PSVs) with Equinor in Brazil.
Advantage Tankers buys two very large crude carriers.
Royal Boskalis Westminster N.V. (Boskalis) has received the Provisional Letter of Acceptance for the Design and Construction contract for the Pasay Reclamation Development Project in Manila Bay, Philippines in cooperation with CHEC from China. The award was made by the publicly listed company SM Pri
Providence Resources CEO Tony O’Reilly has stepped down from the position and has resigned from the board and all subsidiaries with immediate effect.
