The chief executive officer (CEO) and director of oil and gas production and development company Aminex has decided to step down from his role in the company.
Teekay Corporation extended the contract for the Petrojarl Banff FPSO in the North Sea for one year.
Teekay Offshore Partners secured a new USD 450 million revolving credit facility for sixteen shuttle tankers.
The three 7,849 TEU containerships to be employed on long-term charters with Maersk Line.
Shell has started production at Appomattox floating production system months ahead of schedule. Appomattox floating production system is located approximately 129 kilometres south east of Louisiana in approximately 2,255 metres of water. Shell’s largest floating platform in the Gulf of Mexico curren
Pharos Offshore has boosted its subsea equipment fleet with the SMD built trenching vehicle, Q1000. The Q1000 jet trenching ROV has 1000hp (750kw) of installed power coupled to high – pressure water pumps, capable of up to 3 metre trench depth. Phil Walker, Pharos Offshore Group CEO, said: “The acqu
The improvement in TCE rates helped Nordic Shipholding return to profit in Q1 2019.
The California State Coastal Conservancy has received $2 million in grant funding for coastal wetland restoration from the U.S. Fish and Wildlife Service’s National Coastal Wetlands Conservation Grant Program. The grant program annually provides grants of up to $1 million to coastal and Great Lakes
Siemens Gamesa Renewable Energy has extended the charter of Eidesvik’s vessel Acergy Viking by one additional year. The new firm period will end January 2022, with options thereafter. The Acergy Viking has been on Siemens Gamesa duty for a few years, with previous extension until January 2021. “We a
Star Bulk Carriers delivered a net loss in the first quarter on the back of higher costs and off-hire days.
Hurtigruten’s vessels to be powered with fuel made from dead fish and other organic waste.
The German offshore wind energy supply chain is under real pressure due to a lack of auctions and a disappointing perspective for future auction volumes to 2030, according to WindEurope. The last German offshore wind auction was in April 2018 and no more are scheduled until 2021. This has lead to or
London-based private equity firm Blue Water Energy is buying Heerema Marine Contractors’ Pipeline Technique Limited,
HES International has just released the latest update on their HES Hartel Tank Terminal development project in the Port of Rotterdam. The new tank terminal will be the first terminal in the Netherlands that will be built according to the latest PGS 29 regulations for tank storage, meaning that the t
