McDermott has wrapped up the sale of its storage business to a consortium of financial investors, led by Mason Capital Management. This enables CB&I to begin anew as an independent company with no funded debt. The post McDermott and CB&I part ways as storage business starts its ‘exciting’ standalone game appeared first on Offshore Energy.
China’s BYD, ‘the world’s largest’ plug-in hybrid electric vehicle manufacturer, recently took delivery of its second LNG dual-fuel car carrier. The post China’s EV giant BYD takes delivery of another dual-fuel car carrier appeared first on Offshore Energy.
The U.S. Department of Energy’s (DOE) Water Power Technologies Office (WPTO) has allocated nearly […] The post US backs wave energy-powered desalination projects with $2M appeared first on Offshore Energy.
Norway’s VARD has delivered the cable-laying vessel (CLV) it had converted from a platform supplier […] The post VARD hands over PSV-turned-CLV to Canadian owner appeared first on Offshore Energy.
The United Kingdom and Australia have inked a partnership agreement to advance offshore oil and gas decommissioning expertise and capabilities in both countries. The post With new offshore decom roadmap in place, Australia steps up collaboration with UK appeared first on Offshore Energy.
Dutch Thecla Bodewes Shipyards has launched the seventh diesel-electric dry bulk vessel built for compatriot short-sea shipping company Vertom Group. The post Vertom’s seventh diesel-electric vessel launched at Dutch shipyard appeared first on Offshore Energy.
EnergyPathways has selected Wood as the lead engineering partner for the Marram Energy Storage Hub (MESH) project, a large-scale natural gas and green hydrogen storage facility in the UK Irish Sea. The post UK firm advances large-scale natural gas and hydrogen storage project appeared first on Offshore Energy.
China’s ZTT Submarine Cable & System has delivered what it says is Croatia’s first […] The post Chinese firm delivers ‘historic’ submarine cable installation project in the Balkans (Video) appeared first on Offshore Energy.
Norway’s shipping company Avance Gas has delivered the seventh of a series of twelve […] The post Avance Gas hands over seventh VLGC to Singapore’s BW LPG appeared first on Offshore Energy.
Sweden’s construction company Skanska has signed a SEK 1.2 billion (approximately $109 million) contract […] The post Swedish company wins $109M deal for next phase of NKT cable factory expansion appeared first on Offshore Energy.