McDermott today announced that the U.S. Bankruptcy Court for the Southern District of Texas has confirmed the Company’s Plan of Reorganization and approved the sale of Lummus Technology to a joint partnership between The Chatterjee Group and Rhône Capital. [Read more…] about McDermott announces confirmation of Plan of Reorganization
New event dates for IPF
The Business Network for Offshore Wind announced yesterday that out of an abundance of caution for the safety of its attendees, it has decided to hold its annual IPF – the International Partnering Forum, which has become the largest offshore wind energy event in the Western Hemisphere – on August 18-21, 2020 in Providence, Rhode Island. [Read more…] about New event dates for IPF
Lebanon to start exploration in Block 9 despite dispute with Israel
Lebanese Petroleum Administration said Lebanon will start in 2020 oil and gas exploration in Block 9 of its territorial waters regardless of the negotiations with Israel about border demarcation, local media reported last Saturday. [Read more…] about Lebanon to start exploration in Block 9 despite dispute with Israel
Azerbaijan International Operating awards services contract in Caspian Sea
Azerbaijan International Operating Co. (AIOC) has awarded Worley a contract for engineering, procurement and construction services as part of a gas lift project. [Read more…] about Azerbaijan International Operating awards services contract in Caspian Sea
EU accepts Transgaz offers to ease natural gas exports from Romania
The European Commission said on Friday it had accepted the commitments of Romanian gas pipeline operator Transgaz to boost natural gas exports particularly to Hungary and Bulgaria. [Read more…] about EU accepts Transgaz offers to ease natural gas exports from Romania
UK proposes route to market for floating offshore wind
The UK government has proposed creating a third Contract for Difference auction pot for offshore wind so nascent technologies like floating offshore wind have a clearer route to market, the Department of Business, Energy and Industrial Strategy said late Monday. [Read more…] about UK proposes route to market for floating offshore wind
NEL and Kværner have entered into a strategic collaboration agreement.
The companies will collaborate on specific green hydrogen projects and standardisation of solutions for large scale hydrogen production plants. [Read more…] about NEL and Kværner have entered into a strategic collaboration agreement.
Nam Cheong bags 6 OSV chartering contracts
Malaysian offshore vessel builder Nam Cheong has won chartering contracts for six offshore support vessels (OSV) worth RM116.4 million (S$38.5 million), inclusive of options to extend. [Read more…] about Nam Cheong bags 6 OSV chartering contracts
Netherlands to fund program to train offshore wind farm experts in Taiwan
The Netherlands will fund a program to train Taiwanese in the field of offshore wind energy, a rapidly developing industry on the island that is part of the government’s effort to promote green energy. [Read more…] about Netherlands to fund program to train offshore wind farm experts in Taiwan
Jumbo Shipping secures contract with DEME Offshore
Jumbo has been awarded a contract to support DEME Offshore in its scope of work on Ørsted’s Hornsea Two offshore wind farm. [Read more…] about Jumbo Shipping secures contract with DEME Offshore