Canada Gas & LNG thrills in expectation
LNG Canada's positive final investment decision (FID) on an LNG project in Kitimat, British Columbia signals the return of a more favorable investment climate for the energy sector. Higher oil and gas prices and lower break-evens thanks to techno...
Subsea 7 awarded additional work on VITO
Export pipelines award demonstrates Subsea 7’s strong track record for cost-effective execution in the US Gulf of Mexico. Subsea 7 has increased its planned activity in the Gulf of Mexico region with the award of a second construction contra...
SeaTwirl signs power deal with Haugaland Kraft
SeaTwirl has signed a deal about selling electricity to Haugaland Kraft. Norway and a site near Haugesund are one of the main alternatives for the installation of SeaTwirl S2. SeaTwirl S2 is under development and is planned to be installed in ...
CSBC to reduce commercial ship order
Taiwanese shipbuilding major CSBC plans to reduce its commercial shipbuilding business. Speaking at a regular media briefing, CSBC chairman Cheng Wen-lung said that the company will achieve a 30% growth in its revenue from shipbuilding, wind p...
Ensco, Rowan to combine
Ensco plc (NYSE: ESV) and Rowan Companies plc (NYSE: RDC) jointly announced today that the companies have entered into a definitive transaction agreement under which Rowan will combine with Ensco in an all-stock transaction. The definitive transa...
Yinson loses FPSO deal
Yinson loses FPSO deal, it officially announced. The Contract was entered into on 30 November 2006 between CNR International (Olowi) Limited (“CNR”) and Knock Allan Pte Ltd (“Knock Allan”), an indirect wholly-owned subsidiary of the Co...
SINN Power brings green energy to Guinea
The German startup SINN Power is conducting a feasibility study on the potential of wave energy and other renewable technologies on behalf of a customer in Guinea. A stable power supply is by no means a matter of course for the inhabitants of ...
Crown Estate completes initial assessment of OWF offers
The Crown Estate has completed its initial assessment of offshore wind extension applications, confirming that the eight proposed projects, representing up to 3.4GW of potential new capacity, have satisfied the application criteria. The eight ...
MJ FPSO extended bidding deadline
Reliance Industries, the developer of $2bn MJ FPSO project, has extended the bidding deadline of the project. According to foreign media and HI Investment & Securities, Reliance has postponed the deadline for the technical & commercial...
HHI shows off technological edge in OK 2018
Hyundai Heavy Industries (HHI) Group is showing off its technological competence in an international offshore exhibition. HHI Group including HHI, Hyundai Global Service and Hyundai Electric & Energy System is participating in Offshore Kor...
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