Essar Group News

 

SeaMade Consults Waves Group on Offshore Wind Farms

Feb 17, 2019

Belgian offshore wind developer SeaMade NV has selected Waves Group to provide Marine Warranty Surveyor services for the construction of two Belgian sector offshore wind farms, Mermaid and Seastar.'We are currently providing Marine Warranty Surveyor services for the installation of foundations…

MOL, Total Make Refueling Europe Easier

Feb 12, 2019

Japanese logistics giant Mitsui O.S.K. Lines (MOL) and French multinational integrated oil and gas company Total S.A. signed an agreement which will make travelling across Europe easier for their corporate customers.The agreement provides for…

WellConnection Marks UK Debut

Feb 10, 2019

Norwegian inspection, maintenance and repair (IMR) company WellConnection Group has acquired Scotland-based Independent Oilfield Services (IOS) in a deal which marked its entrance into the UK market.WellConnection Group with bases in Stavanger…

Three60 Acquires North Sea Construction and Commissioning

Dec 20, 2018

Australian energy services group Three60 Energy  has acquired Aberdeen-based North Sea Construction and Commissioning (NSCC) for an undisclosed sum. This is now the fourth company to be added to the fast-developing energy services group which now employs over 320 people…

Sovcomflot completes USD 900 mln in Foreign Investment

Dec 18, 2018

Russia’s maritime shipping company Sovcomflot has announced that it has entered into a new USD 264 million six-year revolving credit facility with a consortium of five leading international banks.The completion of this credit facility marks the successful finalisation of SCF’s 2018 financing plan…

NOC Declares Force Majeure on Biggest Oilfield

Dec 10, 2018

Libya's National Oil Company (NOC) on Monday declared force majeure on exports from the El Sharara oilfield, which was seized at the weekend by a local militia group.NOC said the shutdown would result in a production loss of 315,000 barrels per day (bpd) at its biggest oilfield…

Strategic Appointment for Carlton Resource Solutions

Dec 06, 2018

Carlton Resource Solutions has strengthened its senior management team with the addition of a highly experienced director to a key strategic role.With 22 years’ experience in oil and gas recruitment, Doug Robertson has joined the Aberdeen-based…

NYK to Demonstrate Tidal Energy in Singapore

Nov 28, 2018

Nippon Yusen Kabushiki Kaisha (NYK) and Japanese telecom giant MTI have reached an agreement to participate in a long-term demonstration of tidal energy being sponsored by MAKO Energy and Sentosa Development Corporation, which will provide the demonstration site…

New Leadership at NRG Group

Nov 27, 2018

Aberdeen-based NRG Group announced two new directors have been appointed to lead the family-owned company.The company, which consists of NRG Well Examination and NRG Well Management, was founded by Andrew Mackay in 1988. Mackay has handed the reins to his son…

Denovo Delivers First Gas to NGC from Iguana Field

Nov 25, 2018

Independent gas company DeNovo Energy, a subsidiary of the Proman Group, has made its first commercial supply of natural gas from the Iguana field in Block 1(a) off the coast of Trinidad and Tobago.According to a release from the company, DeNovo…

MOL Announces Three Initiatives on Global Warming

Nov 22, 2018

Japanese shipping giant Mitsui O.S.K. Lines (MOL) has  announced its support for three initiatives to address the issue of global warming.  The initiatives include supporting, and active participation in the task force on climate-related financial disclosures…

Sovcomflot Gets $149m Credit Facility for LNG Carrier

Nov 15, 2018

Russian maritime shipping company Sovcomflot has signed a new USD 149 million credit facility, for up to 10 years, with a consortium of three leading international banks, comprising: ING Bank, KfW IPEX-Bank GmbH, and Crédit Agricole Corporate and Investment Bank…

Noble Group Halves Net Loss in Q3

Nov 13, 2018

Noble Group Ltd halved its quarterly net loss from continuing operations to $43.3 million and said its soon-to-be-completed $3.5 billion debt restructuring would enable the commodity trader to reposition its business in Asia Pacific and the Middle East…

Cano Limon Pipeline Hit by More Bombings

Nov 13, 2018

Colombian state-run oil company Ecopetrol said on Tuesday that three new bombings of the Cano Limon pipeline have caused contamination in several waterways in the country's northeastern Arauca province.The attacks on Sunday and Monday brought…

EDF Sells Stake Dunkirk LNG Terminal

Nov 04, 2018

European electric utility company Électricité de France (EDF) group has sold its stake in the Dunkirk  liquefied natural gas (LNG) terminal, after obtained the requisite regulatory approvals.According to a press release from the  integrated…

Logistics News

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Adversarial Seas: AI and the Evolving Cyber Threat in Maritime

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Cambodia to Cut Shipping Through Vietnam by 70% With New China-funded Canal

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Bean Tapped to Succeed Ian Gooch as London P&I Club CEO

Bean Tapped to Succeed Ian Gooch as London P&I Club CEO

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