Singapore’s offshore services provider Emas Offshore has reported a net loss of $3.2 million for the three months ended November 30 2015, (“1QFY2016”). Emas Offshore’s revenue for the quarter was $49.8 million. The company said the result was a consequence of the challenging operating conditions und
Italian manufacturer of hydraulic lifting systems, Sormec, has been awarded a contract to supply an offshore telescopic crane for the Dudgeon Offshore Wind Farm’s substation. In December 2015, representatives of Sembmarine SLP, Statoil and Siemens visited Sormec’s head office to award a kick off mee
Oslo-based Connect LNG on Monday informed that a substantial grant from Innovation Norway’s Environmental Technology fund to develop the first full-scale universal transfer system (UTS) has recently been approved.
Klaipedos Nafta, the operator of the Lithuanian LNG terminal informed that sales revenues from the terminal reached €8.6 million for the month of December, 2015.
Simon Møkster Shipping, the Norwegian shipowner, named its new platform supply vessel (PSV) on Saturday, January 9, at Gondan Shipyard in Figueras, Spain. The new PSV was named Stril Mar. The vessel is still without a contract. According to the shipyard, the event was attended by Simon Møkster CEO,
Hornsea One Onshore Construction to Kick Off Onshore works for the Hornsea Project One wind farm are scheduled to start this month with the construction of an onshore substation at North Killingholme, North Lincolnshire. E.ON Splits Its Business Operations As announced earlier, E.ON separated its op
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Croatian LNG project receives seven equity interest bids LNG Hrvatska, the company established to build and operate the first Croatian liquefied natural gas terminal on the island of Krk concluded the public call for investment in the project. Update: Cheniere confirms it will ship first LNG export
Tidal Energy Today has compiled the top news from tidal and wave energy industry from January 4 – 10, 2016. ORE Catapult, Atlantis to test next-gen turbine for MeyGen The Offshore Renewable Energy (ORE) Catapult and Atlantis Resources have announced the testing of Atlantis’ AR1500 1.5 MW tidal turbi
Unite, the UK’s biggest offshore trade union, on Friday repeated its call for the industry to end its year-long imposition of cuts after members in the Offshore Contractors Association (OCA) agreement accepted improvements to their terms and conditions. Following a consultative ballot, OCA members,
China’s Sinopec has reportedly made a “high-yield” oil and gas discovery in a test well in the Beibu Gulf, offshore China. The country’s oil and gas giant, focused primarily on onshore exploration, on January 5th said it had completed testing at the Weizhou 4 well, with high yielding results. Accord
Risk control is a major task for offshore wind power development in China due to great difficulties and risks, as well as the uniqueness of domestic offshore projects, Bureau Veritas said after its seminar on offshore wind power in October in Beijing. According to Shi Pengfei, an industry expert who
Ezra Holdings Limited, a Singapore-based offshore services provider, has issued a profit warning for the first quarter 2016 results. The company said its board of directors expect Ezra Holdings will report a net loss, compared to the corresponding period of the previous year. While it did not provid
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