Danish tanker shipping company TORM enters into six new sale and leaseback transactions.
Gibraltar was to lift the detention on the ship this morning.
The Western Australia’s Town of Mosman Park has secured grant funding to care for both its Indian Ocean coastline and Swan River bank in two separate announcements by the State Government in recent days. In partnership with the City of Fremantle, the Town successfully applied for a Coastal Adaptatio
Australian energy giant Woodside saw its profit slip in the first half of the year compared to the same period last year as its revenues fell amid lower production levels.
Xodus Group has appointed Djamel Hamel and Chris Overton as two principal consultants to its subsea integrity management team. Djamal Hamel has been appointed to the role of principal consultant, having previously worked within a senior pipeline position for six years at Spirit Energy, as well as en
SeaRock, a new joint venture between Aggregate Industries and Earlcoate construction, has completed delivery of armor stone to protect Dorset’s West Bay, for principle contractor BAM Nuttall. The project was part of a £9 million coastal defense project, funded by Defra, West Dorset Council and Wesse
The Global Center of Expertise (GCE) NODE has called on the Norwegian government to establish a national strategy with the right incentives to help kickstart the local offshore wind industry. According to Anne-Grete Ellingsen, CEO of GCE NODE, Norway needs to launch an industrial policy as other nat
MODEC has decided to issue project bonds to international investors to refinance an FPSO vessel chartered to the TUPI consortium led by Petrobras with the aim of strategically diversifying its financing sources for MODEC’s entire FPSO charter business.
The fourth call for the EU-funded MaRINET2 project, which offers free access to a world-leading network of testing and research infrastructures, has opened today and will last until September 30, 2019. The call is open to offshore energy technology developers, including offshore wind, wave and tidal
Subsea Innovation, part of Tekmar, has won a contract with TechnipFMC in Norway, building the company’s market presence in the region. In 2018 Subsea Innovation developed a next-generation seal for their Pipe in Pipe Waterstops. Waterstop Seals provide a solution for isolating a section of flooded a
Teekay has taken delivery of Vladimir Voronin, the fourth Arc 7 icebreaking LNG carrier.
SeaBird Exploration sank deeper into the red in the second quarter of 2019 due to project delays and increased operating expenses.
Axis Midstream Holdings, LLC is proposing the construction of crude oil export facilities from Taft, San Patricio County, to Harbor Island with associated infrastructure and pipelines in the Corpus Christi Ship Channel in Port Aransas, Nueces County, Texas. According to the U.S. Army Corps of Engine
EBITDA was up 17% and cash flow improved 86% year on year, driven by continued recovery in Ocean business.
