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Business & Finance

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Port Hope Dredging Kicks Off
Business & Finance

Port Hope Dredging Kicks Off

The Port Hope Area Initiative (PHAI) has officially started the Port Hope Harbor dredging scheme, aimed to uncover some fascinating sunken finds within the sediment. The dredging, which began on October 31, is part of the process to remove sediment, objects and other material contaminated with histo

about 6 years ago
Karoon takes Stena drillship for Peru well
Business & Finance

Karoon takes Stena drillship for Peru well

Karoon Energy has executed binding agreements with Stena Drilling and Tullow Oil to contract the Stena Forth drillship.

about 6 years ago
Equinor taps Aker Solutions for inspection services in Norway
Business & Finance

Equinor taps Aker Solutions for inspection services in Norway

Aker Solutions has been chosen by Equinor as the main supplier for inspection services for more than 15 operating facilities in Norway.

about 6 years ago
Getting Ready for South Wave Break Island Dredging
Business & Finance

Getting Ready for South Wave Break Island Dredging

Works contributing to safe and navigable access to the South Wave Break Island channel in the Broadwater are set to begin today, Gold Coast Waterways Authority (GCWA) reports. GCWA CEO, Hal Morris, has confirmed that a local dredging contractor will start setting up on site and will kick off dredgin

about 6 years ago
IKM lands more Johan Sverdrup work
Business & Finance

IKM lands more Johan Sverdrup work

IKM Ocean Design has been awarded an engineering contract for pipeline and umbilical for the Equinor-operated Johan Sverdrup Phase 2 project located offshore Norway.

about 6 years ago
Ex-McDermott man becomes Gulf Island Fabrication CEO
Business & Finance

Ex-McDermott man becomes Gulf Island Fabrication CEO

U.S. offshore facilities fabrication company Gulf Island Fabrication has named a new president and chief executive officer (CEO).

about 6 years ago
Shawcor to provide pipe coating services for ExxonMobil’s Payara
Business & Finance

Shawcor to provide pipe coating services for ExxonMobil’s Payara

Shawcor has entered into a detailed letter of intent with Saipem for the proposed Payara development project located in the Stabroek block offshore Guyana.

about 6 years ago
GasLog Raises USD 98.4 Mn through Senior Unsecured Bonds
Business & Finance

GasLog Raises USD 98.4 Mn through Senior Unsecured Bonds

Net proceeds from the bonds will be used for general corporate purposes and prepayment of debt.

about 6 years ago
ORE Catapult Appoints Airlie to Its Board
Business & Finance

ORE Catapult Appoints Airlie to Its Board

UK’s Offshore Renewable Energy (ORE) Catapult has appointed Adrienne Airlie to its Board. Airlie joins ORE Catapult as a non-executive director after standing down as Martin Aitken & Co’s chief executive in 2018. She continues as a director of the firm. Commenting on the appointment, Chairman Colin

about 6 years ago
GoodFuels, BTG to Support Shipping’s Low Carbon Fuels Demand through Bio-Refinery
Business & Finance

GoodFuels, BTG to Support Shipping’s Low Carbon Fuels Demand through Bio-Refinery

The parties would invest in a bio-refinery to produce an advanced marine biofuel based on pyrolysis oil.

about 6 years ago
WFS Technologies Lands Another Prize
Business & Finance

WFS Technologies Lands Another Prize

Scottish firm WFS Technologies has scored a double award after being honoured with Economic Disruptor of the Year 2019 title for its pioneering work on subsea digitalisation. The just after the company won Oil & Gas UK’s Business Innovation accolade for its pioneering Seatooth technology. WFS techno

about 6 years ago
Company trio forms offshore vessel operating joint venture
Business & Finance

Company trio forms offshore vessel operating joint venture

Singapore-based offshore services provider Kim Heng Offshore & Marine has signed a joint venture agreement with Phillip Enterprise Fund and Phillip Ventures Enterprise Fund 5.

about 6 years ago
Cargill Extends Charter for Diana’s Bulker
Business & Finance

Cargill Extends Charter for Diana’s Bulker

Diana Shipping has extended a time charter contract with Cargill International for Medusa.

about 6 years ago
Tamarind administrators eyeing Tui drilling restart
Business & Finance

Tamarind administrators eyeing Tui drilling restart

Administrators of Tamarind’s New Zealand subsidiary have revealed they would be looking to continue the Tui drilling campaign in the Taranaki Basin.

about 6 years ago
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