The establishment of the new oil terminal will be a turnkey project.
Allseas pipelay vessel Solitaire recently started laying the first line of the Nord Stream 2 twin gas pipeline in Russian waters. Solitaire will spend about a month constructing one of the two approximately 100-kilometres-long sections in the Russian territorial sea. Solitaire is a 300-metres-long a
French and Greek authorities to discuss speed limits with the aim of reducing carbon emissions from ships.
Universal Foundation has relocated from Aalborg, Denmark, to Fredericia, said to be due to meeting commercial demand. Universal Foundation has now joined its sister companies Fred. Olsen Windcarrier and Global Wind Service under one roof. According to the company, the relocation is not only of geogr
A joint venture of Malaysia’s FPSO provider Bumi Armada has been awarded a charter contract for one of its FPSOs by India’s ONGC.
The positive first quarter results were explained by an improved operating model.
Trump is increasing the pressure on China to reach a trade agreement with a new tariff plan.
Odyssey of the Seas received its first block as the keel was officially lowered into place.
Oilfield technology firm Airborne Oil & Gas and engineering company Símeros Technologies have signed a collaboration agreement which aims to deliver the first qualified thermoplastic composite pipe (TCP) risers in the deepwater region Brazil. Last year, Airborne Oil & Gas started its TCP riser quali
Vattenfall has launched its national supply chain campaign in Norwich, UK, to present opportunities from the proposed Norfolk Vanguard, Norfolk Boreas and Thanet Extension offshore wind farms. The campaign, part of the commitment to the Offshore Wind Sector Deal, will gather around 300 companies to
Oilfield services company, Expro, said it has expanded its subsea intervention capabilities, introducing two new well access solutions in addition to its subsea landing string system technologies. According to Expro, the Intervention Riser System (IRS) will safely establish and maintain well access
Adani Yangon International Terminal has received an approval to develop a container terminal in Ahlon.
Kosmos Energy has started a process to sell down its interest in acreage located offshore Mauritania/Senegal. Kosmos also recorded a loss in the first quarter of the year despite increase in revenues.
Navios Maritime Partners, an owner and operator of dry cargo vessels, ended the first quarter of this year with a net loss. The company reported a net loss of USD 9.5 million in Q1 2019, compared to a net income of USD 5.5 million seen in the corresponding period a year earlier. As explained, net [&
