Dutch Damen Shipyards Group suffered a net loss of EUR 17 million in 2018.
Dutch companies Marlow Offshore and SeaZip Offshore Service have established MarZip Offshore Personnel, a joint venture which combines the services provided by each of the two companies. According to the companies, the joint venture is an answer to the increasing demand for a single contact service
Singapore’s offshore rig builder Keppel Offshore & Marine bounced back to the black during the first quarter of 2019 from a loss in the same period of 2018.
d’Amico Shipping Italia will pay a USD 4 million penalty and be placed on probation for four years.
Eni has signed an exploration and production sharing agreement covering Block A Offshore Ras Al Khaimah, as well as the relevant joint operating agreement.
ZEABORN decides to acquire the remaining ownership interests in ZEAMARINE.
Italian oilfield services player Saipem has reported first-quarter 2019 profit of €21 million ($23.6 million), on revenues of €2.15 billion ($2.4 billion). This result compares to net loss of €2 million on revenues of €1.9 billion ($2.13 billion) for prior-year comparable period. Adjusted result was
Ørsted has awarded fourteen organizations from Yorkshire, Lincolnshire and North Norfolk in the UK with grants from the fifth round of its East Coast Community Fund. The East Coast Community Fund was launched in December 2016 as part of Ørsted’s community engagement program for its Hornsea Project O
Ørsted has awarded fourteen organizations from Yorkshire, Lincolnshire and North Norfolk in the UK with grants from the fifth round of its East Coast Community Fund. The East Coast Community Fund was launched in December 2016 as part of Ørsted’s community engagement program for its Hornsea Project O
BW Group increased its stake in Epic Gas to 82.58% with the completion of its voluntary unconditional offer.
Saipem returned to profit in the first quarter of 2019 from a loss in the prior-year period thanks to strong performance in the Offshore Engineering & Construction division.
Trafigura enters into JV with Altis Group to create a commodity petrochemical trading business.
Seven major coastal restoration projects in Louisiana totaling more than half a billion dollars have been completed and paid for with settlement money resulting from the 2010 Deepwater Horizon oil spill. Projects working their way toward construction this year or in years to come will use another $4
Iceland approves cooperation between Eimskip and Royal Arctic Line.
