Norway’s DOF Group has been awarded a new contract in Brazil with Petrobras. Brazilian flagged 2007-built anchor handling tug supply vessel will support exploration and production activities on the Brazilian continental shelf. The vessel is owned and operated by DOF subsidiary Norskan Offshore,...
https://splash247.com/dof-awarded-new-long-term-ahts-contract-in-brazil/
US transport and logistics firm Seacor Holdings has entered into a definitive agreement with an affiliate of private equity firm American Industrial Partners to take the company private in an all-cash transaction worth around $1bn including debt. AIP will commence a tender offer to acquire all...
https://splash247.com/seacor-holdings-sold-to-private-equity-for-1bn/
Danish renewable energy giant Ørsted has entered into an agreement to sell a 25% ownership interest in its Ocean Wind offshore wind project to New Jersey’s Public Service Enterprise Group (PSEG). PSEG will fund the acquisition via both a conventional and tax equity investment in the project. The...
https://splash247.com/orsted-sells-25-of-ocean-wind-project-to-new-jerseys-pseg/
Covid-19’s seismic effect on the fortunes of tanker owners is beginning to become clearer. Yesterday American energy major Chevron announced it will cut capital spending by 26% next year and make deep cuts through the middle of the decade, as a result of the Covid-19 pandemic’s industry-wide...
https://splash247.com/chevron-follows-exxon-in-slashing-capital-spending/
NASDAQ-listed Great Lakes Dredge & Dock Corporation (GLDD) is moving forward with the design and development of the first US-flagged Jones Act compliant, inclined fallpipe vessel for subsea rock installation as America gears up for greater offshore wind farm installations. The ship will be built in...
Norway’s Equinor is looking at opportunities in the offshore wind sector in Brazil, the company’s chief executive Anders Opedal said this week according to Reuters. While Equinor signed an MOU with Petrobras in 2018 to look for offshore wind projects in collaboration, so far nothing has eventuated...
https://splash247.com/equinor-eyes-offshore-wind-expansion-in-brazil/
Norwegian seismic specialist Electromagnetic Geoservices (EMGS) has received a letter of award for a 3D CSEM and magnetotelluric multi-client survey in the Gulf of Mexico. The award was issued by an unnamed existing client of EMGS, and is the first project for this customer in the Gulf of Mexico....
https://splash247.com/electromagnetic-geoservices-awarded-survey-in-gulf-of-mexico/
Singapore-based Pacific Carriers Limited (PCL), controlled by tycoon Robert Kuok, was sentenced in a US federal court after pleading guilty to violating the Act to Prevent Pollution from Ships, obstruction of justice, and for a failure to notify the US Coast Guard of a hazardous condition on...
Seadrill Partners, the limited liability company formed by John Fredriksen’s Seadrill Limited has filed for chapter 11 after negotiations with an ad hoc group of lenders regarding a reorganisation of the company’s balance sheet. “In consultation with—and with the support of—the ad hoc group, the...
https://splash247.com/seadrill-partners-files-for-chapter-11/
Diamond S Shipping has confirmed that four crew have been kidnapped from its product tanker . The vessel, managed and crewed by Capital Ship Management, was approaching the port of Lome, Togo on Sunday with 22 crew onboard when it was attached. Four crew were kidnapped, however there have been no...
https://splash247.com/four-kidnapped-from-diamond-s-shipping-product-tanker/