Subsea IMR provider, N-Sea, has increased its fleet through the long term charter of Siem Offshore’s offshore subsea construction vessel, the Siem Barracuda. The vessel is equipped specifically for subsea IMR, survey and construction operations, featuring twin WROVs, moonpool deployed, a 250T AHC cr
By Reem Shamseddine RIYADH (Reuters) – Saudi Aramco expects oil prices to rebound in the first half of 2017 and for demand to remain healthy following two years of painfully low prices, the state-owned producer’s Chief Executive Officer Amin Nasser said on Tuesday. “The gap between supply and demand
An independent nominations committee has nominated five trustees to run the Green Purposes Company Ltd (GPC), a newly incorporated organisation tasked with keeping the UK Green Investment Bank plc (GIB) green. In February 2016, the UK Government announced that GIB would create a ‘special share’ as p
Ulstein Electrical Technology has been awarded a pre-commissioning contract for two subsea rock dumping vessels under construction for Jan De Nul Group at AVIC Weihai Shipyard Co. Ltd., China. The vessels will be used for rock installation to protect cables and other subsea structures at depths up t
Ulstein Electrical Technology has been awarded a pre-commissioning contract for two subsea rock dumping vessels under construction for Jan De Nul Group at AVIC Weihai Shipyard in China. The vessels will be used for rock installation to protect cables and other subsea structures at depths up to 600 m
Danish shipping and energy giant A.P. Møller – Maersk A/S has sold its shares in the Danske Bank A/S for a total of DKK 3.2 billion (USD 477 million). The company has divested its remaining ownership stake of over 16.1 million shares in the Nasdaq Copenhagen-listed Danske Bank through an accelerated
Malaysian LNG shipper, MISC, on Tuesday, reported a drop in LNG revenue of 13.9 percent to RM610.1 million (Approx. US$145.7 million) from RM708.4 million in the third quarter of 2015.
International project services consultancy, Cambla, has launched an upgraded version of its Schedule Animation Tool (S.A.T). Initially released for the oil and gas industry last year, the tool has been further developed to support the planning of renewable marine operations. Cambla says that its S.A
The Hailong 1 wave energy device is based on an independent research and development by China Shipbuilding Industry Corporation (CSIC), without any associations with Pelamis Wave Power during the development process, spokesperson of the Chinese embassy in the UK, Zeng Rong, said in a letter to The G
With the Sandy anniversary a day away, the de Blasio Administration has announced continued progress on the City’s OneNYC resiliency program that will prepare neighborhoods, economy and public services to withstand and emerge stronger from the impacts of climate change and other 21st century threats
Congressman Joe Courtney announced last week that the United States Navy has committed $5.4 million dollars for design and replacement of Pier 32 at Naval Submarine Base New London to better serve operational needs. This funding supports planning and design work for a replacement of Pier 32, one of
Liquid Robotics has become the newest Associate Member of the National Oceanography Centre’s (NOC) Marine Robotics Innovation Centre. Kevin Forshaw, associate director, innovation and enterprise at the NOC said, “As the Liquid Robotics Wave Glider was invented to provide ocean researchers with relia
With Offshore WIND heading towards the launch of its International Business Guide (IBG) 2017, the Business Focus articles will update you on the companies listed in our IBG that appeared in the news over the past few weeks. Bladt Industries The final six transition pieces for the 402MW Veja Mate off
With Offshore WIND heading towards the launch of its International Business Guide (IBG) 2017, the Business Focus articles will update you on the companies listed in our IBG that appeared in the news over the past few weeks. Bladt Industries The final six transition pieces for the 402MW Veja Mate off
