UK consulting and engineering firm Wood has received a non-binding conditional takeover proposal from Dubai-based company Sidara. The possible offer is for 35 pence per Wood share in cash to acquire the entire issued and to be issued share capital of Wood. Dar Al-Handasah Consultants Shair and...
https://splash247.com/wood-open-to-320m-bid-from-sidara-after-rejecting-2bn-last-year/
Aberdeen-based offshore support vessel specialist Sentinel Marine is expanding its fleet through a deal with China’s Jiangmen Hangtong Shipbuilding for up to four multipurpose newbuildings. The shipbuilding contract involves one firm 65-m energy support vessel with options for three more units. The...
https://splash247.com/cyans-sentinel-marine-contracts-mpsv-newbuilds-in-china/
BFS Marine Finance, part of Bibby Line Group’s independent funder Bibby Financial Services, has lined up £20m ($25m) to support smaller businesses within the commercial marine sector. A structured facility has been agreed with the British Business Bank to provide secured financing for fleet...
https://splash247.com/bibby-unit-lines-up-25m-vessel-finance-for-smaller-owners/
ScottishPower Renewables, part of Spain’s Iberdrola, has awarded an engineering, procurement, construction, installation, and commissioning contract for work on the East Anglia Two offshore substation and jacket foundation to HSM Offshore Energy. HSM will deliver the 5,100-tonne offshore...
https://splash247.com/hsm-offshore-bags-substation-deal-for-960mw-uk-offshore-wind-farm/
Stena Drilling, the Aberdeen-based business of Sweden’s Stena, has won a contract for one of its drillships with subsidiaries of Shell in Suriname. The contract for the campaign was awarded to the 2008-built Stena DrillMax drillship by Shell subsidiaries KE STP Company and BG International. The...
https://splash247.com/stena-drilling-drillship-wins-more-work-off-suriname/
At a time when seafarer welfare is being brought into question more and more, one NGO that has fought for better conditions at sea has been forced to close down. The UK’s Human Rights at Sea (HRAS) charity, founded 11 years ago by David Hammond, is closing as a sustainable funding and operating...
https://splash247.com/human-rights-at-sea-charity-closes-down/
UK-based supermajor BP chairman Helge Lund has revealed his intention to step down from the role in due course. BP said that the board of directors will work with Lund to ensure an orderly transition ahead of the next chair taking over the role. It is expected that Lund will step down from the...
https://splash247.com/bp-chairman-to-step-down-following-strategy-change/
The UK government has granted development consent to the 1.2GW Rampion 2 wind farm offshore Sussex. The wind farm is a proposed extension to the 400MW Rampion offshore wind farm that has been online since 2018. The development consent order was issued by the UK energy secretary, Ed Miliband, last...
https://splash247.com/uk-green-lights-rwes-1-2gw-offshore-wind-farm/
Purus Marine has contracted an LNG carrier newbuild in South Korea. Brokers have named the UK-based owner behind a newbuilding contract announced by HD Korea Shipbuilding & Offshore Engineering (HD KSOE) last week. HD Hyundai Samho will build the 180,000 cu m unit for about $262m, with delivery...
https://splash247.com/purus-signs-for-lng-carrier-newbuild-in-south-korea/
Renovables de ScottishPower Octopus Energy, con sede en el Reino Unido, ha realizado otra inversión en el sector eólico offshore, esta vez a través de la adquisición de una participación del 10% en el parque eólico East Anglia One. El parque eólico de 714MW se encuentra a 43 km de la costa de...