Seatrium has divested its AmFELS Yard located at Brownsville in Texas, in the United States, for a consideration of $50.7 million (S$65 million).The accretive divestment will allow Seatrium to enhance capital and operational efficiencies, while unlocking value from one of its surplus facilities…
The Panama Canal Authority (ACP) has launched the concessionaire selection process for a natural gas pipeline project, holding its first market engagement event with more than 45 representatives from global energy companies.The 76-kilometre pipeline…
The Port of Tyne has unveiled plans to invest around $200 million to redevelop 230 acres into the Tyne Clean Energy Park, adding 400 meters of deep-water quayside to support offshore renewables, clean energy and advanced manufacturing.The project could create up to 12…
Construction has started on the operations and maintenance (O&M) base for the 1.1 GW Inch Cape Offshore Wind Farm at Montrose Port in Angus, Scotland.The base will expand Inch Cape’s existing presence at Montrose, where its marine coordination center is already located…
Vattenfall has signed a deal with EMS Maritime Offshore (EMO) to establish an operations and maintenance (O&M) base in the Dutch port of Eemshaven to support construction and operation of its planned Nordlicht 1 and 2 wind farms, which will become Germany’s largest offshore wind project…
The UK’s Department for Transport has today published new long-term forecasts showing a major shift in the way goods move through British ports, with oil and fossil fuel traffic expected to collapse while ferries, Ro-Ro and container shipping surge…
Kabal, a provider of logistics software for the energy industry, announced a new contract with Phu Quoc Petroleum Operating Company (PQPOC) to optimize its offshore logistics in Vietnam. This partnership marks a step in Kabal’s expansion in Southeast Asia…
Inyanga Marine Energy Group announced that Martin Murphy has been appointed as Chair of the Board.Following 12 years’ service in the Royal Navy, Martin has forged a career as an experienced CEO and Chartered Engineer. Martin has a strong leadership…
Global Energy Group (GEG) has reached an agreement on the sale of three of its group companies, including The Port of Nigg, to long term investor, Mitsui & Co. Europe (Mitsui) a subsidiary of Mitsui & Co, together with Mitsui O.S.K. Lines (MOL)…
Eco Wave Power has signed an agreement with the Africa Great Future Development (AGFDL) to conduct a feasibility study for a potential wave energy power station at the Port of Ngqura, South Africa.The agreement marks Eco Wave Power's first step…
KBR and SOCAR, through their joint venture SOCAR-KBR, have been awarded two contracts by BP in Azerbaijan - one to support the Sangachal Terminal Electrification (STEL) project, Azerbaijan’s largest oil and gas reception terminal, and another for the Shah Deniz compression (SDC) gas field project…
In recent days, two ships have now been attacked in the Red Sea. One has sunk and the other has suffered extensive damage. These vessels have been attacked with callous disregard for the lives of innocent civilian seafarers and as an inevitable but terrible consequence…
Osbit, an offshore wind engineering company operating as part of Venterra Group, has opened a new assembly and service facility at the Port of Blyth in the U.K, bolstering its offshore wind service offering. The development has created 33 skilled…
ORLEN Group has opened Poland’s first installation terminal dedicated to offshore wind farms, located in Świnoujście, with the facility securing its first long-term lease agreement with global offshore wind player Ocean Winds.The Świnoujście…
RWE Offshore Wind has awarded two long term agreements to Clarkson Port Services to support the operations and maintenance activities at its 1.6 GW Nordseecluster offshore wind project.The Dutch division of Clarkson Port Services will build a new warehouse facility in the port of Eemshaven…
