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A very active Atlantic hurricane season so far this year has not sent storms across U.S. oil and natural gas fields in the northern Gulf of Mexico, sparing energy companies billions of dollars of losses and consumers higher fuel costs.The 2023…
https://www.marinelink.com/news/us-gulf-coast-oil-patch-gets-lucky-far-508905
https://www.marinelink.com/news/us-gulf-coast-oil-patch-gets-lucky-far-508905Elenger, part of Estonia's Eesti Gaas, said on Friday it will deliver a cargo of liquefied natural gas (LNG) from the United States to Finland's Inkoo terminal in the second half of November.It was also ready for additional deliveries during the winter season…
https://www.marinelink.com/news/elenger-deliver-us-lng-cargo-finland-508912
https://www.marinelink.com/news/elenger-deliver-us-lng-cargo-finland-508912BEMAC, as majority shareholder, together with Mitsui have entered into a share purchase agreement to acquire 100% of the shares of The Switch from Yaskawa Europe Holding AB (a wholly owned subsidiary of YASKAWA Electric Corporation).The Switch…
https://www.marinelink.com/news/bemac-mitsui-ink-deal-acquire-switch-508913
https://www.marinelink.com/news/bemac-mitsui-ink-deal-acquire-switch-508913Energy ecosystems are evolving as the value of offshore power-to-X production is being realized.Flexible and delivered in long lengths on reels in a fast-track operation, thermoplastic composite pipeline can transfer up to nine times the amount of energy as a cable and can be used to store hydrogen…
https://www.marinelink.com/news/power-offshore-molecule-production-508914
https://www.marinelink.com/news/power-offshore-molecule-production-508914Harland & Wolff has secured a contract with Canada-based Cenovus Energy for the mid-life upgrade of the SeaRose FPSO vessel. The base contract value is approximately £61 million (~currently around $74 million). The FPSO is expected to arrive…
https://www.marinelink.com/news/harland-wolff-belfast-bags-m-canadian-508915
https://www.marinelink.com/news/harland-wolff-belfast-bags-m-canadian-508915Cavotec reports it has signed a contract with one of the world’s largest shipping lines to supply shore power equipment for newbuild containerships.The €6.65 million order is for Cavotec’s PowerFit units, which are complete containerized solutions…
https://www.marinelink.com/news/cavotec-wins-million-shore-power-order-508918
https://www.marinelink.com/news/cavotec-wins-million-shore-power-order-508918Finland's foreign ministry said on Friday it had contacted China and Russia via diplomatic channels regarding the investigation of damage to a pipeline and a telecoms cable in the Baltic Sea.Early on Oct. 8, a gas pipeline and a telecoms cable connecting Finland and Estonia were broken…
https://www.marinelink.com/news/finland-contacts-china-russia-regarding-508919
https://www.marinelink.com/news/finland-contacts-china-russia-regarding-508919ABB flagged a slowdown in revenue growth in the fourth quarter and reported a continued decline in orders in China, sending its shares lower even as the Swiss engineering group posted third-quarter earnings broadly in line with forecasts.The…
https://www.marinelink.com/news/abb-flags-q-slowdown-china-challenges-508924
https://www.marinelink.com/news/abb-flags-q-slowdown-china-challenges-508924The U.S. Bureau of Ocean Energy Management (BOEM) on Thursday identified a Draft Wind Energy Area (WEA) in the Gulf of Maine, opening a 30-day public review and comment period. The Draft WEA covers approximately 3,519,067 acres offshore Maine…
https://www.marinelink.com/news/gw-potential-us-regulator-seeks-public-508925
https://www.marinelink.com/news/gw-potential-us-regulator-seeks-public-508925The Israel-Hamas war has raised the spectre of a wider regional conflict which could embroil Iran and other regional factions.Analysts and market observers say the conflict could prompt the United States to tighten sanctions on Iran, which may…
https://www.marinelink.com/news/strait-hormuz-worlds-important-oil-artery-508926
https://www.marinelink.com/news/strait-hormuz-worlds-important-oil-artery-508926