Norwegian oil major Statoil has joined the GCE Subsea Cluster as a new industry partner.
Russian and Iran have signed a number of agreements over the last week aiming to strengthen the cooperation between the two countries in the gas sector.
Malaysian engineering and construction company Eversendai has secured an offshore construction contract with Saudi Aramco. According to Eversendai, its subsidiary Eversendai Offshoe RMC FZE in the UAE, has been awarded a „major offshore fabrication project for Saudi Aramco.“ The company said the con
MHI Vestas will host the Danish Prime Minister Lars Løkke Rasmussen, Energy Minister Lars Christian Lilleholt and Mayor of Kerteminde Hans Luunbjerg at the company’s nacelle factory in Lindø today, 7 November, for a factory tour and discussion of the country’s offshore wind market.
The Norne field in the Norwegian Sea, operated by the oil giant Statoil, is celebrating its twentieth anniversary of production. Production from the Norne field began on November 6, 1997, although the award of the Norne license dates back to over a decade earlier. Statoil’s initial development plans
The introduction of autonomous ships, often described as the next step for the maritime industry, is looming as projects have already been launched to make the smart ship concept a reality. One of the examples is the construction of the world’s first electric and autonomous containership, Yara Birke
Rising demand in China for liquefied natural gas (LNG) as a cleaner fuel has prompted PetroChina and Beijing Enterprises Group to expand the storage capacity at the Caofeidian LNG terminal in Northern China.
BigLift’s heavy load carrier Big Sky has arrived in the Port of Eemshaven in the Netherlands loaded with the first six of the sixty-six GE Haliade nacelles to be installed on the 396MW Merkur offshore wind farm in the German North Sea.
A new project in Hesketh Out Marsh near Preston, UK, helps protect property and nearby infrastructure from flooding while creating an internationally important estuary for wildlife, CH2M said in their latest release. The Hesketh Out Marsh East Managed Realignment Scheme, which opened late August 201
Various Belgian support measures for maritime transport have been prolonged until the end of 2022 following an approval granted by the European Commission under EU State aid rules. The scheme encourages shipping companies to register their ships in Europe and so ensure higher social, environmental a
Baker Hughes, a GE company (BHGE) has informed that its Board of Directors has authorized Baker Hughes, a GE company, LLC (“BHGE LLC”) to repurchase up to $3 billion of its common units from BHGE and GE. The company will use the proceeds from the sale of its BHGE LLC common units to repurchase its [
The return to permanent profitable freight rates in the dry bulk sector is still way off, however, there has been a slight fundamental market improvement, according to BIMCO’s latest market overview. Capesize ships have been in profitable territory earning above USD 15,300 per day since August, and
Saudi Arabia-led coalition, which is involved in Yemeni war, has decided to temporarily close all sea, air and land ports in the country, the coalition said in a statement. The move comes after a rebel-fired ballistic missile, which targeted Riyadh, was intercepted on November 4. The measures will b
Seaway Heavy Lifting’s crane vessel Stanislav Yudin has installed 84 out of the 86 sets of piles for jacket foundations on the Beatrice offshore wind farm in the Outer Moray Firth, Scotland.
