DNV GL provided a report for the EU with recommendations on how to address barriers to wider adoption of LNG as fuel for shipping.
On 6 June, the US Bureau of Ocean Energy Management (BOEM) published the Environmental Assessment (EA) for Commercial Wind Lease Issuance and Site Assessment Activities on the Atlantic Outer Continental Shelf Offshore New York for a 30-day public comment period. In response to stakeholder requests,
On 6 June, the US Bureau of Ocean Energy Management (BOEM) published the Environmental Assessment (EA) for Commercial Wind Lease Issuance and Site Assessment Activities on the Atlantic Outer Continental Shelf Offshore New York for a 30-day public comment period. In response to stakeholder requests,
Noble Energy signed an agreement to sell 3 percent working interest in the Tamar gas field offshore Israel, to the Harel Group in partnership with Israel Infrastructure Fund.
Access to shale gas from the United States may lower the burden of Mexico’s historically high prices of electricity, according to Fitch Ratings. Electricity prices in Mexico have been high compared with international prices. US industrial electricity prices are about 70% higher, mostly due to Mexico
Nigerian government officials and representatives from the country’s oil and gas sector have joined forces in Lagos on OPITO’s one-day seminar to discuss how to make the country’s energy sector a safer place to work. Over 70 attendees heard from speakers including Onyebuchi Sibeudu, head of safety a
Dalby’s barge ‘ASV Pioneer’ has recently supported the completion of an export cable repair on the Riffgat offshore wind farm near Borkum Island in Northern Germany. Dalby worked closely with partners Bohlen & Doyen GmbH and completed the repair. Stuart McNiven, managing director, said: “We believe
MENCK reported that it had recently mobilised to an unnamed UK offshore wind project with sister company Core Grouting. For installing monopiles, MENCK will be providing its large hydraulic pile hammer MHU 3500S with Core undertaking the grouting scope. Fabian Hippe, Managing Director at MENCK said:
Finland’s ship engine maker Wärtsilä has been awarded the contract to supply newbuild Chinese container vessels with a total of 24 9-cylinder Wärtsilä 32 Auxpac generating sets. The engines will power six 21,000 TEU ships being built at the Shanghai Waigaoqiao Shipyard (SWS) for China Shipping Conta
German government plans to limit the installation of offshore wind farms in the period between 2021 and 2025 to 3.1GW and hold a tender for 1.7GW of offshore wind in 2017 and 1.4GW in 2018 to adjust the offshore wind development to that of the high-voltage transmission grid, according to Reuters. Pr
The European Bank for Reconstruction and Development (EBRD) is stepping up its support for Energean Oil & Gas, the only oil and gas producer in Greece, with an additional $20 million subordinated loan to the company, following the previously announced $75 million financing package. The loan will sup
Polarcus, a marine seismic acquisition company, on Tuesday posted its fleet utilization figures for the second quarter of 2016. Utilization for the quarter was 91 percent, an increase from 80 percent in the second quarter of 2015. By category, 76 percent of vessel utilization came from contract seis
Olympic Shipping, an Oslo-listed offshore support vessels owner, has entered into a standstill agreement with its secured lenders. The discussions with the lenders were initiated in the first quarter of 2016, in relation to the need for an adjustment to the repayment profile of the financial debt of
Electromagnetic Geoservices ASA (EMGS), an Oslo-listed marine seismic acquisition company, has reported an increase in vessel utilization for the second quarter of 2016, however with fewer vessels in operation than in the same period last year. Vessel utilization for the second quarter 2016 came in
