Severn Offshore Services’ crew transfer vessel (CTV) Severn Provider is scheduled to complete work at the Meerwind offshore wind farm this month, but the owner already reported that the vessel had shown an exceptional performance at its first job. Severn Provider has been working in the German part
The German Government has set a target to have 6.5 gigawatts of offshore wind power capacity installed by 2020. In Germany the offshore grid network has been beset with problems and delays but is eventually taking off and 2015 will prove to be a major link up year for TenneT the Dutch/German TSO res
Rex Bonaparte Gulf oil company has reached a settlement with MEO Australia to withdraw from the jointly held license offshore Australia. The company, a subsidiary of Singapore-listed Rex International Holding, holds a 30% stake in the WA-488-P, with MEO holding the remaining 70%. Following the settl
Wave Energy Scotland (WES), a subsidiary of Highlands and Islands Enterprise (HIE), has announced a £720,000 partnership, which will demonstrate wave energy converters as a means of powering offshore aquaculture installations and potentially, remote island communities. Wave energy technology develop
ExxonMobil-operated US$19 billion PNG LNG project has exported 77 cargoes of the chilled gas in the first nine months of this year.
Indian renewable energy sector will see USD 3 billion being invested from 2016 to 2020 by a Chinese manufacturer of construction equipment, Sany Group. The company said it will establish efficient technologies for offshore wind power generation and aims to develop 2,000MW of renewable energy project
Indian renewable energy sector will see USD 3 billion being invested from 2016 to 2020 by a Chinese manufacturer of construction equipment, Sany Group. The company said it will establish efficient technologies for offshore wind power generation and aims to develop 2,000MW of renewable energy project
Prices of spot liquefied natural gas for November delivery to Asia averaged $6.700 per million British thermal units, according to latest Platts Japan/Korea Marker data for month-ahead delivery.
Pilot Energy has confirmed the potential for multi-million barrel oil discoveries in its WA-507P exploration permit, located in Exmouth Plateau in Northern Carnarvon Basin off the Australia’s Northwest Shelf. Pilot Energy, the operator of the permit with 80% working interest, on Tuesday announced th
Europe’s ocean energy industry will meet with key political leaders at a high level summit in Dublin today to present a game plan for commercialising the ocean energy sector. The summit marks the start of the two-day Ocean Energy Europe Conference & Exhibition. “With leading companies, world class r
GTT of France informed that revenues for the first nine months of 2015 were at €158.4 million, down 8.8 percent on the same period in 2014.
Shanghai Zhenhua Heavy Industries Co. (ZPMC) informed that it will take legal actions to protect its interest in the case of termination of shipbuilding contract by Petrofac. Earlier this month Petrofac terminated the contract for building of JSD 6000, deepwater multi-purpose offshore vessel. “ZPMC
Global demand for cruising reached 22.04 million passengers in 2014, up 3.4 percent from 21.3 million passengers reported in 2013, and up 68 percent from 13.1 million passengers in 2004, according to a new study from the cruise industry trade association Cruise Lines International Association (CLIA)
Global demand for cruising reached 22.04 million passengers in 2014, up 3.4 percent from 21.3 million passengers reported in 2013, and up 68 percent from 13.1 million passengers in 2004, according to a new study from the cruise industry trade association Cruise Lines International Association (CLIA)