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Business & Finance

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Congressman Visits Shinnecock Inlet Dredging Project (USA)
Business & Finance

Congressman Visits Shinnecock Inlet Dredging Project (USA)

Congressman Tim Bishop visited the site of the Shinnecock Inlet dredge last week; he was joined by New York State Assemblyman Fred Thiele, Suffolk County Legislator Jay Schneiderman, and officials from the U.S. Army Corps of Engineers and other local officials. The dredge, part of an Army Corps proj

about 13 years ago
Iberdrola Selects AREVA Turbine for Wikinger Offshore Wind Project in Germany
Business & Finance

Iberdrola Selects AREVA Turbine for Wikinger Offshore Wind Project in Germany

World-leading renewables operator, Iberdrola, has once again selected AREVA’s offshore wind technology for the Wikinger project, to be developed 35 kilometers off the German Baltic Sea coast. Under the terms of the agreement, AREVA will supply its M5000 5 MW turbine for the Wikinger wind farm that w

about 13 years ago
Belgium: Jan De Nul Group Orders Cable Turntable for Northwind Offshore Wind Farm
Business & Finance

Belgium: Jan De Nul Group Orders Cable Turntable for Northwind Offshore Wind Farm

Jan De Nul Group awarded a contract to supply a 5,400 tonnes capacity cable turntable to offshore handling systems specialist Caley Ocean Systems. The turntable, including a 5 tonnes and 10 tonnes deck tensioner, is destined for the vessel Willem de Vlamingh. In addition to this turntable, Caley is

about 13 years ago
Belgium: Jan De Nul Group Orders Cable Turntable for Northwind Offshore Wind Farm
Business & Finance

Belgium: Jan De Nul Group Orders Cable Turntable for Northwind Offshore Wind Farm

Jan De Nul Group awarded a contract to supply a 5,400 tonnes capacity cable turntable to offshore handling systems specialist Caley Ocean Systems. The turntable, including a 5 tonnes and 10 tonnes deck tensioner, is destined for the vessel Willem de Vlamingh. In addition to this turntable, Caley is

about 13 years ago
Offshore Oil and Gas Leases Questioned in Court (USA)
Business & Finance

Offshore Oil and Gas Leases Questioned in Court (USA)

Center for Sustainable Economy has filed a lawsuit to halt the Obama Administration’s latest 5-year program to open new areas offshore to oil and gas leasing. “A lawsuit filed today could set far-reaching precedents that do away with inefficient offshore oil and gas drilling that creates more costs

about 13 years ago
UK: Marine Current Turbines CEO Andrew Tyler Resigns
Business & Finance

UK: Marine Current Turbines CEO Andrew Tyler Resigns

Dr Andrew Tyler FREng CBE has resigned as Chief Executive Officer of Siemens’ Marine Current Turbines (MCT) and will be leaving the company at the end of the year. Andrew was appointed as MCT’s CEO in June 2011 after five years as Chief Operating Officer for the UK Ministry of Defence. Andrew was re

about 13 years ago
Greece: Star Bulk Contributes to Policy Making for Shipping Emissions
Business & Finance

Greece: Star Bulk Contributes to Policy Making for Shipping Emissions

Star Bulk Carriers Corp. yesterday announced that Star Bulk was invited to share its views and experience with regard to monitoring, reporting and verification (MRV) system at a stakeholder meeting organized by the European Commission in Brussels on the 5th of December. More specifically, following

about 13 years ago
Trans Adriatic Pipeline to Start Offshore Surveys in Adriatic Sea
Business & Finance

Trans Adriatic Pipeline to Start Offshore Surveys in Adriatic Sea

TAP plans to start offshore surveys in the Adriatic Sea this winter. The goal is to collect additional data and samples to identify optimal offshore routing. TAP plans offshore surveys that will consist of various investigations along the proposed offshore pipeline route in the Adriatic Sea in inter

about 13 years ago
BP Sells Yacheng Stake for $308 Mln (China)
Business & Finance

BP Sells Yacheng Stake for $308 Mln (China)

BP today announced that it has agreed the sale of its 34.3 per cent interest in the Yacheng gas field in the South China Sea to Kuwait Foreign Petroleum Exploration Company (KUFPEC) for $308 million cash. Subject to regulatory, CNOOC and third party approvals, BP expects the deal to close in the sec

about 13 years ago
UK: 3sun Group’s Managing Director Named Business Person of the Year
Business & Finance

UK: 3sun Group’s Managing Director Named Business Person of the Year

Graham Hacon, managing director of 3sun Group, has been named as the Business Person of the Year at the 2012 Lowestoft and Waveney Chamber of Commerce Awards. The winner was announced at a prestigious ceremony on Thursday 6th of December at Potters Leisure Resort in Hopton, Lowestoft. Entrants of th

about 13 years ago
China: CNCo Confirms Order of Another Four B.Delta37 Bulkcarriers
Business & Finance

China: CNCo Confirms Order of Another Four B.Delta37 Bulkcarriers

On 7th December the China Navigation Company Pte Ltd (“CNCo”) confirmed an order for four more 39,500 dwt Deltamarin designed B.Delta37 handysize bulkcarriers to be built at Chengxi Shipyard in China. Following an initial order placed in March this year, CNCo has now contracted a total of 8 B.Delta3

about 13 years ago
USA: “Meadows” to Receive New Sand
Business & Finance

USA: “Meadows” to Receive New Sand

Earlier this month, the U.S. Army Corps of Engineers’ Philadelphia District along with its cost sharing partner, the New Jersey Department of Environmental Protection (NJDEP), and the local communities of the Borough of Cape May Point and the City of Cape May, began work on an $8 million beach renou

about 13 years ago
Fred. Olsen Renewables Secures Offshore Grid Connection for Codling Wind Park (Ireland)
Business & Finance

Fred. Olsen Renewables Secures Offshore Grid Connection for Codling Wind Park (Ireland)

Fred. Olsen Renewables Ltd. has confirmed that it has signed a grid connection offer of 1GW for Codling Wind Park, with co-owners Hazel Shore Ltd satisfying the typical power requirements of more than 160,000 homes. The Irish Waters project, which is situated in shallow waters, currently consented f

about 13 years ago
Nexus Sells 2 Pct in Crux Field to Shell for $75 Mln, Australia
Business & Finance

Nexus Sells 2 Pct in Crux Field to Shell for $75 Mln, Australia

Nexus Energy Limited (Nexus) advises it has provided to Shell Development (Australia) Pty Ltd (Shell) an Option Notice that will result in the disposal of 2% of Nexus’ 17% participating interest in the Crux AC/L9 development project in the East Browse Basin, off the coast of North West Australia for

about 13 years ago
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