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News

Clean Energy posts $50 million quarterly loss
News

Clean Energy posts $50 million quarterly loss

California-based Clean Energy Fuels on Thursday reported a fourth-quarter loss of $50 million, as compared to a net income of $1.3 million in the same quarter in 2014.

about 10 years ago
Report: Australia to profit from Asia’s growing gas demand
News

Report: Australia to profit from Asia’s growing gas demand

Australia should in the long term benefit from the growing gas demand of emerging economies in the Asian region.

about 10 years ago
Highlights of the Month: February 2016
News

Highlights of the Month: February 2016

Sea Worker Capsizes off Denmark Due to harsh weather, the offshore installation vessel Sea Worker has capsized during the night between Tuesday and Wednesday… VIDEO: How Big is Hornsea Project One? After reaching the Final Investment Decision for the 1.2 GW Hornsea Project One offshore wind farm, Do

about 10 years ago
Malahat LNG faces First Nations opposition
News

Malahat LNG faces First Nations opposition

WSANEC First Nations located on the Saanich Peninsula (Pauquachin, Tsartlip, Tsawout, Tseycum) have jointly voiced their opposition to the Malahat LNG project proposed by Steelhead LNG and Malahat First Nation.

about 10 years ago
SAL to Handle Veja Mate TPs
News

SAL to Handle Veja Mate TPs

SAL Heavy Lift GmbH signed a contract with Dutch Offshore WindForce, a joint venture between Boskalis and Volker Stevin International, for the transport of 67 transition pieces (TPs) for the Veja Mate offshore wind farm. The transport will comprise some 12 voyages from Aalborg in Denmark to Eemshave

about 10 years ago
Gazprom secures 2 billion euro loan from Bank of China
News

Gazprom secures 2 billion euro loan from Bank of China

Russian gas giant Gazprom said Thursday it has secured a five-year 2 billion euro loan from Bank of China’s London branch. This is Gazprom’s largest-ever direct loan from one financial institution and the first bilateral loan facility agreement with a Chinese bank, the company said in a statement. G

about 10 years ago
McDermott scores offshore deal in Middle East
News

McDermott scores offshore deal in Middle East

McDermott International, Inc. has secured a contract by an unnamed upstream oil and gas operator for a project offshore in the Middle East. The scope includes engineering, procurement, fabrication, transportation and installation of offshore pipelines. Engineering and offshore mobilization of McDerm

about 10 years ago
European Commission approves Greece-TAP deal
News

European Commission approves Greece-TAP deal

European Commission on Thursday approved the deal between Greece and the Trans Adriatic Pipeline, ruling it was in line with EU state aid rules.

about 10 years ago
2016 Offshore Achievement Awards trophy unveiled
News

2016 Offshore Achievement Awards trophy unveiled

The 2016 Offshore Achievement Awards (OAA) trophy, which will be presented to winners on a ceremony to be held on March 17, 2016, has been revealed. Gray’s School of Art student, Irina Viskanta, last year won a competition set by the organisers of the awards, the Society of Petroleum Engineers (SPE)

about 10 years ago
Seajacks Scylla Christened in Great Yarmouth
News

Seajacks Scylla Christened in Great Yarmouth

The Seajacks Scylla, the world’s largest wind turbine installation vessel, was christened in Great Yarmouth on Thursday afternoon, 3 March. The ceremonial champagne bottle was released by the vessel’s Godmother, Akiko Inoue, the wife of Seajacks’ chairman, Soichi Inoue. Seajacks’ CEO, Blair Ainslie,

about 10 years ago
Seajacks Scylla Christened in Great Yarmouth
News

Seajacks Scylla Christened in Great Yarmouth

The Seajacks Scylla, the world’s largest wind turbine installation vessel, was christened in Great Yarmouth on Thursday afternoon, 3 March. The ceremonial champagne bottle was released by the vessel’s Godmother, Akiko Inoue, the wife of Seajacks’ chairman, Soichi Inoue. Seajacks’ CEO, Blair Ainslie,

about 10 years ago
Gazprom enters into $2.2B loan with Chinese bank
News

Gazprom enters into $2.2B loan with Chinese bank

Russian energy company Gazprom and Bank of China, London Branch, entered on Thursday in Shanghai into a five-year EURo 2 billion ($2.2B) loan facility agreement. The agreement was signed by Gazprom’s Deputy Management Committee Chairman Andrey Kruglov, and by the Deputy General Manager Wang Huabin,

about 10 years ago
Can you spell oil?
News

Can you spell oil?

The fact that fossil fuels are such a fundamental part of our economy cannot be denied, nor can the cyclical nature of the industry, which amidst falling oil prices, entails hiccups in attracting and retaining talent within the industry.

about 10 years ago
Bulk Invest to File for Bankruptcy
News

Bulk Invest to File for Bankruptcy

Struggling Norwegian dry bulk company Bulk Invest ASA (formerly Western Bulk) will immediately file a petition for bankruptcy having been unable to reach a deal on restructuring with its creditors, the company said. In addition, the board of directors of the company’s subsidiary Bulk Shipowning IV A

about 10 years ago
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