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Van Oord Notches Offshore Wind Revenue Bump in 2017

Dutch offshore specialist Van Oord reported EUR 403 million revenue coming from offshore wind activities in 2017, a 2.3% increase compared to EUR 394 million revenue recorded in 2016. The company completed the Walney Extension and Arkona projects...

21/03/2018 Read

Mess at port of Karachi after container ship sideswipes moored vessel

Dozens of shipping containers have fallen into the water at Pakistan’s busiest deepwater port containership collided with a moored vessel during berthing on Monday. The incident occurred at the South Asia Pakistan Terminals facility in the P...

20/03/2018 Read

Statoil completes $1.45B takeover of Total’s Martin Linge, Garantiana assets

Norway’s Statoil (soon Equinor) has completed the takeover of Total’s stakes in the Martin Linge field and Garantiana discovery offshore Norway. Statoil now has a 70% interest in Martin Linge and 40% in Garantiana. In a stateme...

20/03/2018 Read

Skangas: Demand for LNG on the rise in Nordics marine market

Demand for LNG as a marine fuel has risen significantly, especially in Nordics marine market, according to a Norwegian LNG supplier Skangas. The driving force behind the rise is the addition of new vessels to the LNG-powered fleet on the back...

20/03/2018 Read

Total buys into Abu Dhabi offshore blocks for $1.4 billion

France’s Total has acquired stakes in two of Abu Dhabi’s new offshore concessions through the signing of agreements with the Abu Dhabi National Oil Company (ADNOC)  at the Abu Dhabi Louvre on Sunday. Under the terms of the ag...

19/03/2018 Read

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