Sea Trucks Group Limited, a provider of offshore vessels and services, has been placed under provisional liquidation. In a statement on Monday, the company said that the Eastern Caribbean Supreme Court in the High Court of Justice British Virgin Islands had placed Sea Trucks had appointed Chad Griff
By DNV GL With oil and gas industry mergers and acquisitions expected to pick up this year, buyers and sellers need to focus on more than financials during due diligence. Other key considerations include environmental and safety impacts of projects or assets. Companies in the oil and gas sector are
By BVA-Auctions From 12th till 21st of May an online auction of a Damen patrol vessel is organized by BVA-Auctions.com, Europe’s largest online auctioneer. The online auction, by order of the Dutch Ministry of Finance will be held online, to give bidders from all over the world a chance to participa
Maritime Union of Australia is taking Farstad, an offshore support vessel owner, to Fair Work Commission, Australia’s national workplace relations tribunal, over the latter’s announcement it will lay off 80 workers. The union alleges that Farstad is retaliating for the MUA’s decision not to accept F
Shell’s giant Prelude FLNG facility will come on stream offshore Western Australia next year, Chief Financial Officer Jessica Uhl said.
Kosmos Energy said it has made a major gas discovery at the Yakaar-1 well offshore Senegal.
An official opening of the Dutch 600MW Gemini offshore wind farm, worth EUR 2.8 billion, is being held today, 8 May.
HR Wallingford is currently conducting physical modelling in its Fast Flow Facility to test the scour development and the performance of a frond mat scour protection system to protect the jacket piles for the East Anglia ONE offshore wind farm.
Tokyo Gas said that through its unit, Tokyo Gas America, it has purchased a 30 percent equity in Castleton Resources, a company focused on developing oil and gas assets in east Texas and Louisiana.
Northumberland-based Renown Engineering has won the order from civil engineering contractor, BAM Nuttall, to manufacture watertight hatches for EDF Energy Renewables’ Blyth Offshore Demonstrator Project.
Senvion informed on 8 May that its contract for the 203MW Trianel Windpark Borkum II (TWB II) is now effective, following the confirmation of the notice to proceed with Trianel Windkraftwerk Borkum II GmbH & Co KG at the end of April.
Saudi Arabia’s energy minister Khalid Al-Falih said on Monday that oil markets were rebalancing after years of oversupply, but that he still expected an OPEC-led deal to cut output during the first half of the year to be extended to all of 2017.
SeaBird Exploration, a provider of seismic survey vessels, has signed a letter of intent with an unnamed client for an upcoming 2D seismic survey in South America. According to Seabird, the project is estimated to begin in the first half of the third quarter. Without revealing any specifics about th
A2SEA’s wind turbine installation vessel Sea Installer left the Port of Hull on Sunday, 7 May, with the first load of wind turbine components for DONG Energy’s 580MW Race Bank offshore wind farm.
