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Business & Finance

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Balder X subsea contract goes to Baker Hughes and Ocean Installer
Business & Finance

Balder X subsea contract goes to Baker Hughes and Ocean Installer

Vår Energi has awarded a contract covering EPCI of subsea systems for the Balder X project to a consortium of Baker Hughes, a GE company (BHGE), and Ocean Installer.

about 7 years ago
Equinor awards lay-up contract on Sverdrup to Jacktel’s Haven rig
Business & Finance

Equinor awards lay-up contract on Sverdrup to Jacktel’s Haven rig

Jacktel, a subsidiary of Master Marine, has agreed with Equinor that its accommodation rig Haven will be laid up at Johan Sverdrup field off Norway following the expiry of the firm contract on December 7, 2019.

about 7 years ago
Fast-Track Dredging for Newcastle Terminal to Save Stockton Beach
Business & Finance

Fast-Track Dredging for Newcastle Terminal to Save Stockton Beach

The NSW Government is being urged to explore the fast-tracking of dredging for the proposed Port of Newcastle liquified natural gas import terminal, with the extracted river sand used to restore Stockton beach. The Maritime Union of Australia said that dredged sand from the Hunter River, which would

about 7 years ago
Samsung Heavy, Bloom Energy to Develop Fuel Cell-Powered Ships
Business & Finance

Samsung Heavy, Bloom Energy to Develop Fuel Cell-Powered Ships

Samsung Heavy, Bloom Energy plan to develop ships powered by solid oxide fuel cell technology.

about 7 years ago
ONE Containership Clashes with Tanker in Piraeus Port
Business & Finance

ONE Containership Clashes with Tanker in Piraeus Port

ONE Blue Jay crashed into the starboard side of a small chemical tanker while it was entering the port.

about 7 years ago
Hapag-Lloyd Introduces New India Services amid Growing Demand
Business & Finance

Hapag-Lloyd Introduces New India Services amid Growing Demand

The IEX service will be the only direct connection between South and East India and Europe.

about 7 years ago
Year of Transformation for Ports of Auckland
Business & Finance

Year of Transformation for Ports of Auckland

New Zealand’s Ports of Auckland (POAL) today released its results for the 2018/19 financial year, saying that the container volumes are down 3.5% to 939,680 TEU (Twenty-foot Equivalent Units) compared to 973,722 TEU for the pcp. Group Revenue rose slightly to $248.1m from $243.2m in the previous cor

about 7 years ago
Excelerate Gets Approval for Philippine Floating LNG Terminal
Business & Finance

Excelerate Gets Approval for Philippine Floating LNG Terminal

Excelerate Energy is to develop a floating liquefied natural gas (LNG) import terminal in the Bay of Batangas.

about 7 years ago
MOL Takes Delivery of Another Cameron LNG Carrier
Business & Finance

MOL Takes Delivery of Another Cameron LNG Carrier

Mitsui O.S.K. Lines has taken delivery of Marvel Heron, a next-generation LNG carrier.

about 7 years ago
Siemens Gamesa Mothballs Offshore Nacelle Plant in Denmark
Business & Finance

Siemens Gamesa Mothballs Offshore Nacelle Plant in Denmark

Siemens Gamesa is planning to pause the manufacturing of offshore nacelles at its plant in Brande, Denmark, citing delays in offshore wind projects as the reason. This, combined with the discontinuation of the production of the onshore Direct Drive (DD) technology in Brande and onshore blade product

about 7 years ago
Sapura Energy nets $185 million in new contracts
Business & Finance

Sapura Energy nets $185 million in new contracts

Sapura Energy has secured three new contracts and two contract extensions worth approximately RM774 million ($185M).

about 7 years ago
VIDEO: Van Oord, Shell Together in Biofuel Pilot
Business & Finance

VIDEO: Van Oord, Shell Together in Biofuel Pilot

Van Oord, in cooperation with Shell, is testing the use of biofuel on its fleet with the aim of achieving a 70% emission reduction by 2050 compared with 2008. The biofuel reduces CO2 emissions by more than 40% compared with conventional marine fuel. This test fits in with the ambitions of both parti

about 7 years ago
Whisper Bay Boat Ramp Dredging About to Begin
Business & Finance

Whisper Bay Boat Ramp Dredging About to Begin

Dredging preparation works are beginning next week at the Whisper Bay boat ramp, near the VMR in Cannonvale, reports the Whitsunday Regional Council. As reported, the Council will be setting up in the rigging area to the side of the carpark from next week with no impact to carparks. Once the dredgin

about 7 years ago
Eni CEO denies conflict of interest allegations
Business & Finance

Eni CEO denies conflict of interest allegations

Claudio Descalzi, CEO of Italian oil company Eni, is under investigation for a potential conflict of interest with regards to contracts awarded by Eni Congo S.A. to Petroservice. Descalzi firmly rejects the allegation.

about 7 years ago
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