Blue Water readies for growth in Caspian region
Blue Water Shipping has expanded its presence in Kazakhstan with a new office in Atyrau. With the expansion, the company strengthens its presence in the Caspian region which is important for its oil and gas...Read more
Jumbo wins largest single contract in 50-year history
Jumbo has won a large Taiwanese offshore wind project which includes the transportation and installation of wind turbine structures at the Yunlin Offshore Wind Farm. “This is a proud moment for Jumbo. The Yunlin project is...Read more
First LNG cargo shipped from Shell’s Prelude project
Shell today announced that the first shipment of liquefied natural gas has sailed from its enormous Prelude FLNG production facility, that is located 475 kilometres North East of Broome in Western Australia, in a region...Read more
SAL develops crane extensions to meet new offshore wind demands
In response to the growing dimensions of offshore wind turbine parts, SAL Engineering and crane maker TTS-NMF have developed modular and dismountable crane boom extensions for two of SAL’s heavy-lift vessels. The so-called Fly-Jibs allow...Read more
Connecticut set to join in USD 70 billion offshore wind expansion
The US offshore wind energy market is set for growth now that Connecticut is ready to join in a USD 70 billion offshore wind expansion off the Atlantic coast. Connecticut’s state Senate passed a bill...Read more
Economic concerns and high US production lead to oil price drop
Growing fears of an economic slowdown and record high US oil production levels have led to a dropping oil price (Brent) which this week, for the first time since January, dropped below 60 dollars. Although the...Read more
Wilhelmsen Ship Management and NorSea Wind join forces
Wilhemsen Ship Management has acquired a 50% stake in NorSea Wind and its subsidiaries. Together the companies want to “offer a unified and integrated solution to the renewable wind energy market.” NorSea Wind was founded in...Read more
Equinor obtains five new exploration licenses for UK Shelf
The Oil and Gas Authority has granted Norwegian oil major Equinor five new licenses for exploration on the UK Continental Shelf, which is a major market for the oil company. The licences are situated in the...Read more