Norwegian manufacturer of subsea equipment, Agility Subsea Fabrication (ASF) has delivered 2 pipeline end manifolds (PLEMs) and 3 subsea pipeline end termination (PLETs) destined for the Oseberg field, Vestflanken 2 development. The structures have been manufactured at the company’s largest producti
Greek shipowners placed the highest number of newbuilding orders so far this year, as these companies ordered a total of 35 new bulkers and tankers since the start of 2017, according to VesselsValue. Globally only 119 orders have been placed. Greece leads the way, followed by the US with 14 new cont
Despite a challenging chemical tankers market, Norwegian shipping and tank terminal company Odfjell delivered a stable underlying operational performance with EBITDA of USD 46 million compared to 48 million reported in the fourth quarter of 2016. Odfjell’s revenue slowed slight improvement in the fi
The Minnesota Department of Natural Resources is hosting a public meeting to present project details and receive public input on a restoration project proposed for Kingsbury Bay and Grassy Point in the St. Louis River. The meeting will be held on Wednesday, May 24, from 6 p.m. to 8 p.m. at City Cent
Crowley Maritime’s liquefied natural gas services group has been awarded a multi-year contract to supply additional volumes of containerized, U.S.-sourced LNG to a pharmaceutical company’s manufacturing plants in Puerto Rico.
Proserv has recently secured three contracts worth a combined value of more than $2.5 million for decommissioning work in the Norwegian North Sea. The firm’s Stavanger facility will provide cutting services as part of a full severance package covering subsea and topside work. As part of the decommis
U.S. President Donald Trump has reversed a decision by the previous administration that denied permit applications for seismic surveying of the U.S. Atlantic Outer Continental Shelf. The U.S. Department of the Interior (DOI) on Wednesday announced it would move forward to resume its evaluation of ap
The Centerm Expansion Project team has invited the public to learn more about, and provide feedback on, the proposed Centerm Expansion Project during the consultation period from May 15 to June 2. “Participants are invited to learn more about proposed construction activities, details regarding a pro
Soil Machine Dynamics (SMD) has signed a contract with Consolidated Contractors Company (Underwater Engineering) for the manufacture and delivery of a hard ground subsea trenching machine. SMD will design and build a BT500 Burial Tractor (500hp) complete with a full power and control system. The tre
Leask Marine has joined the Pembrokeshire’s Marine Energy Hub, bringing over 10 years of experience supporting the marine renewables industry.
The Coastal Dynamics 2017 Conference will take place from June 12-16, 2017 in Helsingør, just north of Copenhagen, Denmark. The Coastal Dynamics conference series advances the community’s understanding of recent applied and basic research concerning coastal waves and currents, interactions between w
Following the signing of the Umbrella Agreement for Africa’s first deepwater FLNG project, oil and gas company Ophir Energy has reached another milestone with the award of the Midstream construction contracts for Fortuna FLNG. The LNG shipping company Golar LNG Limited has executed amended and novat
Greek shipowner Navios Maritime Partners plans to transfer the 14-vessel container fleet acquired from Rickmers Maritime to its affiliate Navios Maritime Containers Inc. The company expects to carry out the transfer at a cost of USD 5 million and an investment of USD 30 million in return for equity.
French energy firm Engie is reportedly in advanced talks to sell its oil and gas exploration and production business. The company has been in talks with Neptune Oil & Gas to sell 70 percent in Engie E&P for around $3.6 billion, Reuters has reported, citing an unnamed source familiar with the matter.
