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Business & Finance

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ORE Catapult Sharing Hywind Scotland Operational Data
Business & Finance

ORE Catapult Sharing Hywind Scotland Operational Data

Equinor and Masdar have joined forces with Offshore Renewable Energy (ORE) Catapult to share operational data from the Hywind Scotland floating offshore wind farm. The floating offshore wind data is available for supply chain businesses and academia through ORE Catapult’s Platform for Operational Da

about 6 years ago
Red Ink for DOF Subsea
Business & Finance

Red Ink for DOF Subsea

DOF Subsea, a wholly-owned subsidiary of DOF Group, reported loss in the third quarter of 2019 of NOK 1.09 billion ($119 million), compared to loss of NOK 98 million ($10.7 million) in the corresponding period in 2018. Year-to-date result for 2019 came out negative, with loss of NOK 1.1 billion ($12

about 6 years ago
New Boost for Upper Truckee Marsh Restoration Project
Business & Finance

New Boost for Upper Truckee Marsh Restoration Project

The California Wildlife Conservation Board (WCB) has awarded $2.98 million to the California Tahoe Conservancy to help restore the Upper Truckee Marsh, the largest wetland in the Lake Tahoe Basin. “We’re grateful to the Wildlife Conservation Board for its support,” said Conservancy Board Chair and C

about 6 years ago
Port of Newcastle: ACCC Appeals Decision on User Funding
Business & Finance

Port of Newcastle: ACCC Appeals Decision on User Funding

The Australian Competition and Consumer Commission (ACCC) has applied to the Federal Court for a review of the Australian Competition Tribunal’s recent decision on the terms of access by Glencore Coal Assets Australia Pty Ltd to certain services at the Port of Newcastle. The Tribunal re-arbitrated a

about 6 years ago
Gulf Marine Services inks 15-month deal in Middle East
Business & Finance

Gulf Marine Services inks 15-month deal in Middle East

Offshore oilfield contractor Gulf Marine Services (GMS) has won a firm 15-month contract plus options for one of its E-Class (Large) vessels.

about 6 years ago
CPRA Celebrates Completion of Cameron Creole Marsh Creation Project
Business & Finance

CPRA Celebrates Completion of Cameron Creole Marsh Creation Project

The Louisiana Coastal Protection and Restoration Authority (CPRA) has announced the completion of the Cameron Creole Watershed Grand Bayou Marsh Creation project. CPRA, the U.S. Fish and Wildlife Service (USFWS), and the Louisiana Department of Natural Resources (LDNR) shared in the $12.4 million co

about 6 years ago
Golar LNG Postpones Shipping Spin-Off to 2020
Business & Finance

Golar LNG Postpones Shipping Spin-Off to 2020

Golar LNG has delayed plans to separate its tri-fuel diesel-electric (TFDE) LNG carrier business.

about 6 years ago
Subsea 7 firms up Julimar award as Woodside takes FID on project
Business & Finance

Subsea 7 firms up Julimar award as Woodside takes FID on project

Subsea 7 has confirmed a substantial contract award by Woodside for the execution of phase 2 of the Julimar-Brunello Project located offshore Australia.

about 6 years ago
Subsea 7 Firms Up Julimar Deal
Business & Finance

Subsea 7 Firms Up Julimar Deal

Subsea 7 has confirmed a contract by Woodside for the execution of phase 2 of the Julimar-Brunello Project. This contract was awarded to Subsea 7 earlier this year, subject to the final investment decision of the Julimar-Brunello joint venture participants (Woodside and KUFPEC), which has now occurr

about 6 years ago
Seadrill grabs multi-well contract for West Carina drillship
Business & Finance

Seadrill grabs multi-well contract for West Carina drillship

Offshore drilling company Seadrill has won a contract for its West Carina drillship with Thai PTTEP.

about 6 years ago
Frontline Secures USD 544 Mn for Ten Trafigura Tankers
Business & Finance

Frontline Secures USD 544 Mn for Ten Trafigura Tankers

Frontline has secured funds from China’s ICBCL that would enable the company to complete the acquisition of ten Trafigura ships.

about 6 years ago
Wintershall Dea sees production growth, decides to spend less
Business & Finance

Wintershall Dea sees production growth, decides to spend less

German oil and gas company Wintershall Dea boosted its production during the third quarter of 2019 and increased guidance for the full year. The company has also decided to reduce capex for the full year by 100 million euros. DEA Deutsche Erdoel and Wintershall Holdings completed their merger agreem

about 6 years ago
TÜV NORD Certifies Prototype Siemens Gamesa 10MW Turbine
Business & Finance

TÜV NORD Certifies Prototype Siemens Gamesa 10MW Turbine

TÜV NORD has completed the certification of the prototype Siemens Gamesa 10.0-193 DD offshore wind turbine. TÜV NORD said it had evaluated the design of the prototype according to the IECRE scheme and corresponding Operational Documents. Furthermore, a prototype certificate was prepared according to

about 6 years ago
TÜV NORD Certifies Prototype Siemens Gamesa 10MW Turbine
Business & Finance

TÜV NORD Certifies Prototype Siemens Gamesa 10MW Turbine

TÜV NORD has completed the certification of the prototype Siemens Gamesa 10.0-193 DD offshore wind turbine. TÜV NORD said it had evaluated the design of the prototype according to the IECRE scheme and corresponding Operational Documents. Furthermore, a prototype certificate was prepared according to

about 6 years ago
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