Wave Hub has appointed Black & Veatch to undertake a feasibility study into the Pembrokeshire demonstration zone, a planned offshore site for testing multiple wave energy arrays of up to 30MW each. The study will prepare an outline design specification for the on and offshore grid infrastructure, st
Wave Hub has appointed Black & Veatch to undertake a feasibility study into the Pembrokeshire wave energy demonstration zone.
The first phase of Klaipedos Nafta’s reloading station for LNG in Lithuania’s port of Klaipeda is on track.
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has launched and taken delivery of Capesize bulk carrier Cape Hayatomo from compatriot shipbuilder Namura Shipbuilding. The 250,000 dwt very large ore carrier (VLOC) is the first ship in the second generation of WOZMAX vessels at Namura. WOZMA
Danish offshore drilling contractor Maersk Drilling saw its first quarter 2017 results negatively affected by the overcapacity in the rig market. The company said the current oil prices are well below what is needed to support growth in offshore rig demand. The company’s revenue fell to $344 million
Cimteq, a software provider for the design and manufacturing of subsea cables and umbilicals, has been awarded a contract by JDR for the implementation of its CableBuilder software. According to Cimteq, the implementation of CableBuilder should support JDR’s plans to increase its market share in the
OTEC Cayman has reportedly completed the environmental impact assessment (EIA) for the floating ocean thermal energy conversion (OTEC) plant off Cayman Islands.
Eastland Port plans to make its first application in July for resource consent to rebuild wharf 6, strengthen a portion of the river training wall, and reshape the slipway. The second application, set for the next year, will be to extend wharf 8, required reclamation, breakwater repairs and dredging
Norwegian seismic player, Petroleum Geo-Services (PGS), reported net loss for the first quarter ended March 31, 2017 of $106 million versus $57 million in the prior year. PGS also recorded lower revenue of $155 million for the Q1 2017, compared to $203 million in the Q1 2016. This reflects a 40% red
Search operations for an offshore worker missing from a North Sea rig have been scaled back. There were no suspicious circumstances related to the disappearance, an investigation has revealed. To recall, the 49-year-old man had been working on the Noble Lloyd Noble jack-up rig on the Statoil-operate
Energy services company Proserv has been awarded three contracts worth a combined value of more than $2.5 million for decommissioning work in the Norwegian sector of the North Sea. Proserv said on Thursday that its Stavanger facility would provide cutting services as part of a full severance package
Fiji’s Minister for Local Government, Housing and Environment, Parveen Kumar Bala, said that funding for the Vaileka River dredging works will be provided by the Ministry of Agriculture, the Fiji Times reports. Following a stakeholder meeting with Rakiraki residents and business owners earlier this
In 2016, Europe raised a total of EUR 43 billion for the construction of new wind farms, refinancing operations, project acquisitions, and public market fundraising. Out of EUR 27.6 billion reached in new asset financing, offshore wind accounted for a record-breaking EUR 18.2 billion, while onshore
In 2016, Europe raised a total of EUR 43 billion for the construction of new wind farms, refinancing operations, project acquisitions, and public market fundraising. Out of EUR 27.6 billion reached in new asset financing, offshore wind accounted for a record-breaking EUR 18.2 billion, while onshore
