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Business & Finance

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OKEA looking to raise $100M via Oslo IPO
Business & Finance

OKEA looking to raise $100M via Oslo IPO

Norwegian oil and gas firm OKEA is planning to raise $100 million via an initial public offering and is going to apply for listing on the Oslo Stock Exchange.

about 7 years ago
North East Projects Recognized at 2019 Robert Stephenson Awards
Business & Finance

North East Projects Recognized at 2019 Robert Stephenson Awards

Greatham South Flood Alleviation Scheme has been awarded the Large Project Award for projects with a value greater than £5m at the 2019 Robert Stephenson Awards. Other winners included Whitley Bay Central Promenade Coastal Protection Works, which won the Medium Project Ward for projects with a value

about 7 years ago
Bernhardt: $20M in Grants for Coastal Wetlands Conservation and Restoration
Business & Finance

Bernhardt: $20M in Grants for Coastal Wetlands Conservation and Restoration

The U.S. Secretary of the Interior, David Bernhardt, is awarding more than $20 million to 22 projects in 11 coastal states to protect, restore or enhance more than 7,000 acres of coastal wetlands and adjacent upland habitats under the U.S. Fish and Wildlife Service’s National Coastal Wetlands Conser

about 7 years ago
Minesto Launches Onshore Control Station Call
Business & Finance

Minesto Launches Onshore Control Station Call

Minesto has developed a 500kW tidal power plant in form of a flying kite tethered to the sea bottom. The 100kW subsea kite (Power generator) will be connected to the Faro Island Grid at 0,4kV (Point of connection). The Swedish marine energy developer has invited tenders to apply for the delivery of

about 7 years ago
Vantage Drilling’s net loss deepens
Business & Finance

Vantage Drilling’s net loss deepens

Offshore drilling company Vantage Drilling International saw its net loss deepen in the first quarter of 2019.

about 7 years ago
Ferry Carrying 350 People Stranded off Croatia
Business & Finance

Ferry Carrying 350 People Stranded off Croatia

SNAV ferry, carrying almost 350 people aboard, has been stranded off the coast of Split, Croatia.

about 7 years ago
Northern confirms long-term jack-up deals with Qatar Petroleum
Business & Finance

Northern confirms long-term jack-up deals with Qatar Petroleum

Drilling contractor Northern Offshore has signed Letters of Award for two long-term contracts for its newbuild jack-up drilling units with Qatar Petroleum.

about 7 years ago
d’Amico Ends Quarter in Red but 2019 Outlook Positive
Business & Finance

d’Amico Ends Quarter in Red but 2019 Outlook Positive

Although the tanker market improved from last year, d’Amico widened net loss in Q1.

about 7 years ago
SeaTwirl Continues Patent Streak
Business & Finance

SeaTwirl Continues Patent Streak

The Chinese patent authority has awarded the Swedish wind power company SeaTwirl with a patent for its divisible offshore wind turbine. The solution includes a turbine that is divisible above and below the house that holds the generator and bearing, meaning that their entire housing can be replaced

about 7 years ago
West Beach Project Kicks Off in Dorset
Business & Finance

West Beach Project Kicks Off in Dorset

The Environment Agency and Dorset Council have partnered up to work on a new multi-million pound sea defense project at West Bay, West Dorset. Over the next two weeks, subject to weather and sea conditions, large rocks will be delivered by barges to West Beach so that new and improved sea defenses c

about 7 years ago
Jackson Part of the Environment Agency’s NGSA
Business & Finance

Jackson Part of the Environment Agency’s NGSA

Jackson is one of only six contractors to be appointed to the Environment Agency’s Next Generation Supplier Arrangements (NGSA). The company will work in partnership with the Environment Agency and design consultant ARUP as a collaborative delivery team (CDT) to deliver the EA’s capital investment p

about 7 years ago
European Ports Support Call for Harmonized Action on Scrubbers
Business & Finance

European Ports Support Call for Harmonized Action on Scrubbers

ESPO voices support for EU proposal to discuss a harmonized approach on scrubbers at IMO level.

about 7 years ago
Anadarko, Oxy sign takeover deal
Business & Finance

Anadarko, Oxy sign takeover deal

The U.S. oil company Anadarko has agreed to be acquired by Occidental Petroleum after Chevron on Thursday said it wouldn’t raise a previously placed takeover bid.

about 7 years ago
Trelleborg Scores Riser Buoyancy Hat-Trick
Business & Finance

Trelleborg Scores Riser Buoyancy Hat-Trick

Trelleborg’s offshore operation was recently awarded three contracts for drilling riser buoyancy and associated riser protection that will be manufactured across two of its facilities in the UK and Brazil. Antony Croston, Business Group Director at Trelleborg’s offshore operation based in Houston, s

about 7 years ago
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