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DeepOcean launches restructuring process

Thursday, November 19 2020

DeepOcean commenced a restructuring process in relation to three UK subsidiaries in its Cable Laying and Trenching business (the CL&T Group), which will enable the CL&T Group to be wound down on a solvent basis. [Read more…] about DeepOcean launches restructuring process

Filed Under: Business, Cable laying, International projects Tagged With: deepocean, restructuring process

OW: new company specialized in offshore wind power

Wednesday, July 22 2020

Ocean Winds (OW) is the result of a joint venture announced in 2019 and controlled in equal parts by EDP Renováveis and ENGIE. [Read more…] about OW: new company specialized in offshore wind power

Filed Under: Business, Floating wind, International projects, Windenergy Tagged With: Ocean Winds

Tidewater among bidders to take over Bourbon

Thursday, December 12 2019

US-based Tidewater submitted one of four takeover offers for Bourbon Corporation to the Marseille commercial court overseeing reorganisation proceedings for the French offshore support vessel (OSV) operator [Read more…] about Tidewater among bidders to take over Bourbon

Filed Under: Business, International projects, Tugs Tagged With: Bourbon, Tidewater

Strategic upside behind Russia’s $55 Billion ‘Power Of Siberia’ pipeline to China

Monday, December 9 2019

December 2nd was a notable day in the strategic relationship between Beijing and Moscow, which saw the first shipments of Russian natural gas to China via the much-awaited Power of Siberia pipeline.  [Read more…] about Strategic upside behind Russia’s $55 Billion ‘Power Of Siberia’ pipeline to China

Filed Under: Business, International News, Oil and Gas, Pipeline Tagged With: Chinato China, Power of Siberia, Russia

UK upstream junior Cluff completes North Sea gas farm-out to Shell

Tuesday, August 13 2019

Cluff Natural Resources has completed the sale to Shell of a 50% stake in a UK offshore gas license as the two companies move forward with plans to drill a first well at the site. [Read more…] about UK upstream junior Cluff completes North Sea gas farm-out to Shell

Filed Under: Business, International projects, North Sea, Oil and Gas Tagged With: Cluff, North Sea gas farm-out, Shell

New owners for Bard Offshore 1

Thursday, August 8 2019

Ocean Breeze Energy, owner of Bard Offshore 1, located in the North Sea, has sold the windpark to Macquarie Infrastructures and Real Assets. [Read more…] about New owners for Bard Offshore 1

Filed Under: Business, International projects, Windenergy Tagged With: Bard Offshore 1

OMV turns focus to Southeast Asia with acquisition of Sapura Upstream

Thursday, September 13 2018

Following the news on Wednesday 12 September that OMV and Sapura Energy have entered into Heads of Agreement for OMV to acquire 50% of Sapura Upstream, Jonathan Markham, Oil & Gas Analyst at GlobalData offers his view on the key aspects of this transaction.
[Read more…] about OMV turns focus to Southeast Asia with acquisition of Sapura Upstream

Filed Under: Business, International projects, Oil and Gas Tagged With: OMV, Sapura Upstream, Southeast Asia

Airborne Oil & Gas entered into a technical cooperation agreement

Wednesday, March 14 2018

Airborne Oil & Gas in IJmuiden is pleased to announce that we have entered into a technical cooperation agreement with Over Sea & Land Concrete (OSL).
[Read more…] about Airborne Oil & Gas entered into a technical cooperation agreement

Filed Under: Business, International News Tagged With: airborne, concrete, OSL

Van Aalst Group to become majority shareholder in Techano, the Norwegian offshore crane specialist

Thursday, December 14 2017

The Van Aalst Group, Dordrecht, announced today that it became a majority stakeholder in Techano AS, a leading offshore crane specialist from Norway.
[Read more…] about Van Aalst Group to become majority shareholder in Techano, the Norwegian offshore crane specialist

Filed Under: Business, Cranage, International News, W2W Tagged With: 3D crane technology, safeway, Techano, van aalst

LetterOne and BASF sign Letter of Intent to merge oil and gas businesses to create Wintershall DEA

Thursday, December 7 2017

LetterOne announced today that it has signed a Letter of Intent with BASF to combine the parties’ oil and gas businesses in a joint venture. The new merged entity would operate under the name Wintershall DEA.
[Read more…] about LetterOne and BASF sign Letter of Intent to merge oil and gas businesses to create Wintershall DEA

Filed Under: Business, International projects, Oil and Gas Tagged With: LetterOne, merger, Wintershall

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