Danish offshore wind installation services company Cadeler said Monday it had entered into an unsecured green loan facility with HSBC. The purpose of the loan facility is, among others, to fund Cadeler’s construction of the X-class and F-class…
Italian gas grid operator Snam will invest 1 billion euros ($1.1 billion) in a new LNG offshore terminal near Ravenna, the company's CEO said on Tuesday.The floating storage and regasification unit (FSRU) will add to another LNG terminal already set up in Tuscany…
A U.S. appeals court on Tuesday ordered that a postponed federal auction of drilling rights in the Gulf of Mexico be held within 37 days, a setback for environmentalists seeking expanded protections for the endangered Rice's whale.According to court papers…
KOTUG said Tuesday it had, via its Guyanese subsidiary KOTUG Guyana strengthened its position in Guyana with the arrival of three additional Offshore Terminal Tugs to support ExxonMobil Guyana’s offshore operations.With the arrival of KOTUG-owned ‘SD Grace’…
Subsea services firm N-Sea Group has agreed to charter Rederij Groen's Dutch-flagged vessel 4-WINDS, an offshore support vessel built in 2012. The 4-WINDS is 60.25 meters long, with a 14.95-meter beam and a draught of 5 meters.According to N-Sea Group…
Reach Subsea, a Norwegian subsea services company, has signed a long-term charter contract with Agalas for a modern IMR/Survey vessel to be built in Turkey.According to Reach Subsea, to be hired on three or five-year charter, will has a low emission…
Senesco Marine on Wednesday launched a new Jones-Act-compliant crew transfer vessel (CTV), WindServe Journey.WindServe Marine, a sister company to the North Kingstown, R.I. shipbuilder—both part of the Reinauer Group—will operate the CTV to serve the U…
FPSO leasing company BW Offshore said Thursday that the hull of BW Opal, one of the largest FPSO hulls ever built and destined for Santos' Barossa gas project in Australia, had set sail from a yard in South Korea and was en route to Singapore for topside integration…
The prospect of the EU receiving more liquefied natural gas (LNG) from Egypt in the short and medium term looks unachievable due to tight gas balances and reduced imports from Israel, Oxford Institute of Energy Studies (OIES) said.Egypt shipped…
Australian offshore vessel operator MMA Offshore has acquired the vessel “Offshore Solution” to supplement its multi-purpose support vessel fleet. The Offshore Solution is a 2016 European-built, 54-meter, DP-2 multi-purpose support vessel fitted with two deck cranes…
Shell is suing Greenpeace for $2.1 million in damages after the environmental group's activists boarded the company's oil production vessel in transit at sea this year, according to Greenpeace and a document seen by Reuters.The British oil and gas major filed the claim in London's High Court…
Classification society ABS announced it has granted approval in principle (AIP) for a the Sterling Streamline, a next generation concept design for large floating production storage and offloading unit (FPSO) newbuild hulls from India's Shapoorji Pallonji Energy (SPE)…
Japan will make sure its energy supplies are not affected by sanctions the United States recently imposed on the Arctic LNG 2 project in Russia in which it has a stake, Industry Minister Yasutoshi Nishimura said on Tuesday.Japan, the world's second-largest liquefied natural gas (LNG) buyer…
Cadeler A/S and Eneti Inc., two offshore wind turbine and foundation installation companies, have announced the commencement of a share exchange offer for all the outstanding shares of common stock of Eneti.The offer is being made pursuant to the Business Combination Agreement…
A Russian fibre optic cable under the Baltic Sea was damaged last month only 28 km (17 miles) from where a gas pipeline linking Finland and Estonia was damaged soon afterwards, Russian state company Rostelecom said on Tuesday.Finnish police…