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Business & Finance

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Cairn Sells Interest in Nova Field Offshore Norway
Business & Finance

Cairn Sells Interest in Nova Field Offshore Norway

Cairn has entered into a farm-out agreement for the sale of a 10% interest in the Nova development offshore Norway. ONE-Dyas Norge shall acquire 10% in the project by paying USD 59.5 million plus customary working capital adjustments on completion. Following this transaction Cairn will retain a part

about 7 years ago
Maintaining the Mississippi River
Business & Finance

Maintaining the Mississippi River

The Dredge Goetz crew continues to do what they do best – maintain the Mississippi River for navigation, the U.S. Army Corps of Engineers’ St. Paul District said in their latest announcement. The crew was recently in Pool 16, near Buffalo, Iowa, working to maintain the 9-foot navigation channel. The

about 7 years ago
Helix finds work for newbuild well intervention vessel
Business & Finance

Helix finds work for newbuild well intervention vessel

Helix Energy Solutions has entered into a contract for its newbuild semi-submersible well intervention vessel, the Q7000.

about 7 years ago
Namibia Inaugurates Port of Walvis Bay Container Terminal
Business & Finance

Namibia Inaugurates Port of Walvis Bay Container Terminal

Namibia has launched an expanded container terminal at the Port of Walvis Bay, projected to double the country’s annual container handling capacity. Works on the expansion of the terminal started in 2014 and were completed by China Harbor Engineering Company (CHEC) under a project worth $268 million

about 7 years ago
DOF secures 5-year deal for PSV in Australia
Business & Finance

DOF secures 5-year deal for PSV in Australia

DOF Rederi has signed a five-year contract for the platform supply vessel Skandi Feistein with Esso Australia.

about 7 years ago
Shell hires Deep Down for umbilical support services in Trinidad
Business & Finance

Shell hires Deep Down for umbilical support services in Trinidad

Houston-based oilfield services company Deep Down has received an order for umbilical support services from Shell Trinidad and Tobago. The order is for the design, fabrication, project management, and installation support for an umbilical repair/replacement package to restore communications to the P

about 7 years ago
Noreco names new chief financial officer
Business & Finance

Noreco names new chief financial officer

Norwegian Energy Company (Noreco) has appointed a new chief financial officer (CFO) of the company.

about 7 years ago
Greenlink Boosts Team with Two Appointments
Business & Finance

Greenlink Boosts Team with Two Appointments

Greenlink Interconnector has appointed two leading figures from the Irish energy and business sectors, Tim Cowhig and Johnny Shine. The appointments further strengthen the management of the company as the project moves towards key development milestones. Tim Cowhig was CEO of Element Power Ireland u

about 7 years ago
Blumenthal Ship Released after Spending 9 Days in Belgian Port
Business & Finance

Blumenthal Ship Released after Spending 9 Days in Belgian Port

Belgian authorities detained the vessel following an inspection that revealed dozens of safety breaches and deficiencies.

about 7 years ago
UK Joins US in Strait of Hormuz Maritime Security Mission
Business & Finance

UK Joins US in Strait of Hormuz Maritime Security Mission

The Royal Navy would work alongside the U.S. navy to assure safety of ships in the area.

about 7 years ago
Bass River Dredging Project to Begin This Fall
Business & Finance

Bass River Dredging Project to Begin This Fall

The City of Beverly was recently awarded a $1,400,000 grant from the Executive Office of Housing and Economic Development – Massachusetts Dredging Program to dredge the Bass River. The river was last dredged over 60 years ago by the Massachusetts Department of Public Works (MA DPW) in 1955. Accordin

about 7 years ago
Xodus Probes Scottish Offshore Renewables
Business & Finance

Xodus Probes Scottish Offshore Renewables

Energy consultancy Xodus is to conduct a study which will investigate the integration of offshore renewables into localised energy systems around Scotland. The five-month offshore generation energy systems study, commissioned by Crown Estate Scotland, began last month. Xodus is partnering with Eleme

about 7 years ago
Xodus Studies Scottish Offshore Renewables Potential
Business & Finance

Xodus Studies Scottish Offshore Renewables Potential

Energy consultancy Xodus is to conduct a study which will investigate the integration of offshore renewables into localised energy systems around Scotland. The five-month offshore generation energy systems study, commissioned by Crown Estate Scotland, began last month. Xodus is partnering with Eleme

about 7 years ago
Marine Renewables Canada Gears for East Coast Summer Event
Business & Finance

Marine Renewables Canada Gears for East Coast Summer Event

Association for wave, tidal, river current, and offshore wind energy Marine Renewables Canada is setting up East Coast Summer Event, taking place on August 15, 2019 in Halifax, Nova Scotia. The annual event will this year deliver updates on tidal energy projects plus future outlook and insight on ne

about 7 years ago
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