The option for the first option Suezmaxes was extended to September 18.
Due to delays by its Chinese partner APEC with sending a promised loan, Irish Providence Resources is working to raise about $3.76 million amid an urgent need for additional working capital.
The loan would refinance the LNG carriers Grand Aniva and Grand Elena, servicing the Sakhalin-2 project.
A £3 million sea defense scheme, reducing the risk of flood and coastal erosion to nearly 260 seafront properties in Porthcawl, Wales, has been officially opened by Minister for Environment, Energy and Rural Affairs, Lesley Griffiths yesterday. The new structure is made up of 5 interlocking pre-cast
The Port of Long Beach’s clean-air efforts have resulted in an 87% cut in diesel emissions.
James Fisher Offshore (JFO) has won a decommissioning project in the Middle East with a new offshore platform jacket removal in Saudi Arabia. The work will utilise its pioneering cutting solution which is, according to JFO, capable of delivering significant time-saving efficiencies. The project, whi
The two competitors will coordinate their activities in Norway.
CEO of the Irish Wind Energy Association (IWEA) David Connolly has called for greater urgency from the Irish government and political system to support the development of offshore wind. According to Connolly, Ireland’s Climate Action Plan sets out the vision and actions on how offshore wind can be d
Fuel flexibility is crucial, “as the fuels of today may not be the fuels of tomorrow.”
Soil removal operations from the RijnlandRoute tunnel in the Netherlands have officially started, DEME Group said in its latest announcement. Tunnel boring machine ‘Gaia’ continues its underground journey with nearly 3,600m³ of soil being excavated per day. The soil is mixed with water in a soil com
The value of the entire order stands between USD 1.4 billion and USD 1.6 billion.
Swansea-based Marine Power Systems (MPS) project to create and launch an underwater device capable of generating clean, affordable and reliable energy has been awarded more than £12 million of EU funding, First Minister Mark Drakeford announced. The WaveSub device is the invention of Swansea Univers
The 18,000 dwt ship, built by Avic Dingheng, is the third from a batch of six Sweden-flagged sister vessels.
Viper Innovations said it has taken the decision to sell its subsea hydraulic distribution portfolio of products, including the V-LOCK range of stabplates, to OneSubsea, a Schlumberger company. The company said the decision was made as it plans to focus on its subsea electrical integrity products an
