Amsterdam IJmuiden Offshore Ports appoints Sylvia Boer as new director
PeoplePRESS RELEASE – Sylvia Boer (37) has been appointed as the new director of Amsterdam IJmuiden Offshore Ports (AYOP) and will take up her role on 1 February 2020. She will serve as the linchpin...Read more
Panalpina eyes large infrastructure projects in Oman
Logistics provider Panalpina is in the process of opening a new office in Oman to benefit from the country’s economic growth and large infrastructural projects. In 2016 Panalpina transported 62 kilometres of pipeline from China to...Read more
Bourbon Offshore suspends listing after creditors demand debt
Oil&GasFrench shipping company Bourbon Offshore is in serious danger of bankruptcy now that a group of creditors has demanded immediate payment of outstanding debt with a total value of USD 800 million. In a short press...Read more
“Offshore project sanctioning ready to reach heights not seen since the USD 100 barrel of oil”
Oil&GasOffshore project sanctioning in the oil and gas industry has already surpassed the USD 50 billion mark in 2019, nearing the investment level of 2014. “This is yet another signal that the offshore industry has...Read more
Equinor obtains five new exploration licenses for UK Shelf
Oil&GasThe 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
Heerema and Sembcorp show off world’s largest crane vessel
Heerema Marine Contractors and shipbuilder Sembcorp Marine, on Thursday, showed off the world’s largest crane vessel that can be used for the setup and decommissioning of offshore oil and gas facilities, Heerema’s new generation semi-submersible...Read more
Heerema launches new decommissioning company
DecommissioningTogether with Decom Energy and AF Offshore Decom, Heerema Marine Contractors has launched a new company for the offshore decommissioning of platforms called Fairfield Decom. “Through this bold step, a unique late-life operations and decommissioning operator...Read moreBP’s profit shrinks, but production is set to grow
Oil&GasBP has booked a 9% lower net profit in the first quarter of 2019, but increased oil and gas production and strong trading results did lead to higher operating cash flow. The oil major started...Read more
TechnipFMC wins North Sea EPCI-contract of at least $250 million
EPCTechnipFMC has been awarded a “substantial” EPCI-contract from Neptune Energy for the Duva and Gjøa P1 projects, located in the Norwegian sector of the North Sea at a water depth of 375 meters. The contract covers...Read more
Oil majors are bringing in money like never before
Oil&GasListed oil majors are bringing in cash at the best rate ever witnessed even though oil prices have only partially recovered from the huge drop suffered in 2014 and 2015, according to Norwegian consultancy firm...Read more
DEME integrates offshore services
Offshore Belgian offshore group DEME has integrated its subsidiaries GeoSea, Tideway, A2Sea and EverSea into DEME Offshore to form a more ‘agile organisation’. By integrating all of our offshore activities, expertise and capabilities into a more agile...Read more
Large number of offshore ships laid up worldwide
Oil priceAcross the globe, large parts of the offshore fleet are laid up. In a number of areas, as much as half of the active fleet is even involved. According to figures by VesselsValue, South East...Read more