UK-based fund manager Glennmont Partners has entered into an agreement with Global Infrastructure Partners (GIP) to acquire a 25% stake in the Gode Wind 1 offshore wind farm in Germany. The acquisition is the first offshore wind investment to be realised from Glennmont’s EUR 850 million Clean Energy
THE Alliance members are also to renew their cooperation and extend the partnership for ten years until 2030.
Japanese companies Mitsui and JOGMEC have decided to join the Russian Arctic LNG 2 project.
Cairns’ $127 million Shipping Development is one step closer to unlocking a tourism bonanza for the region with works now underway to deepen Trinity Inlet and make it ready for bigger vessels. Assistant Treasurer, Glenn Butcher MP, who visited the port last week, said that the 111m-long, German-buil
Nord Stream 2 has withdrawn its application for the route through Danish territorial waters south of Bornholm, thus terminating a more than two-year lasting procedure. “We felt obliged to take this step because in more than two years since we filed this application, the former Danish government has
Airborne Oil & Gas has secured a second award from Anasuria Operating Company (AOC) to deliver a 2nd high flow thermoplastic composite pipe (TCP) jumper spool in the Central North Sea. The contract will see the Netherlands-based business supplying a 2” ID 345psi rated Gas Lift Jumper to support the
DP World acquired Topaz Energy and Marine Limited for an enterprise value of USD 1,079 million.
Weeks Marine, a marine construction and dredging contractor headquartered in Cranford, NJ, has won an $11.5 million contract for Mississippi River maintenance dredging project. Bids were solicited via the internet with one received, the U.S. Department of Defense (DoD) said in its latest announcemen
Google has introduced Equiano, a new private subsea cable that will connect Africa with Europe. Once complete, Equiano will start in western Europe and run along the West Coast of Africa, between Portugal and South Africa, with branching units along the way that can be used to extend connectivity to
Hopper dredger Liberty Island has returned to Nags Head and is hard at work nourishing the beach in the vicinity of the submerged pipeline near the Epstein public beach. According to the town officials, now the dredger is back the construction will progress north over the next 10 days or so to tie i
FSUE Rosmorport has invited bidders to submit their offers for the 2019 Kaliningrad seaport maintenance dredging works. According to the company’s press center, the project will consist of dredging operations on the Kaliningrad seaway canal and a several harbor areas, including preparation activitie
The new company is set to be established in October 2020 with a capital of around USD 32.3 million.
Dubai-based DP World has acquired Topaz Energy and Marine, a provider of marine and logistics solutions to the offshore industry, for $1.079 billion.
Eidesvik Offshore and CGG have agreed to terminate with immediate effect the contract for Viking Vanquish. The charter was due to expire November 2, 2020 and the charter rate will continue until that date, the company said. Viking Vanquish was originally built as a supply vessel in 1998. Its convers
