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carriers in 2022.
SUBSEA 7 NESP WINS OTC SPOTLIGHT ON NEW TECHNOLOGY® AWARD Subsea 7, a global leader in the delivery of offshore projects and services for the evolving energy industry, and Xodus Group, an autonomous subsidiary of Subsea 7, are to be recognized at the 2021 Offshore Technology Conference (OTC) in Houston with a Spotlight on New Technology® Award for Subsea 7 Nano Engineered Sensor Platform(Subsea 7 NESP).
INTEGRATED E&PS RAPIDLY ACCELERATE OFFSHORE WIND MARKET This move builds on the French E&Ps 51% interest in the up to 1.5GW Seagreen complex off the UK. Currently, European supermajors are expected to increase their offshore wind generation capacity from around 400MW in 2020 to 8,200MW by 2030. Although this only accounts for 3% of our expected total installed capacity it should be notedthat this
FRANCE TO BECOME EUROPE’S FOURTH-LARGEST OFFSHORE WIND France’s ambition to increase electricity production from renewable energy sources will make the country Europe’s fourth-largest offshore wind power producer in 2030, with 7.4 gigawatts (GW) of capacity in operation. The development is going full-steam ahead despite any potential cost or supply chain issues from Covid-19. NEW ANGOLA CONTRACT FOR SEADRILL JOINT VENTURE QUENGUELA Seadrill Limited has secured a new contract by Sonadrill Holding Ltd (“Sonadrill”), the 50:50 joint venture with an affiliate of Sonangol E.P. (“Sonangol”). Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the Sonangol Quenguela drillship. GREENER SHIPPING WITH STATE-OF-THE-ART METHANOL-READY Greener Shipping with State-of-the-Art Methanol-Ready Vessel. Proman Stena Bulk Ltd has finalized an agreement to build an additional vessel under its joint venture partnership. The methanol-powered Stena Prosperous will join the Stena ProPatria and the Stena ProMare in the Proman Stena fleet in H2 2022. Each vessel will use 12,500 tonnes per P&O MARITIME LOGISTICS TO SUPPORT OFFSHORE WIND P&O Maritime Logistics will assist Taiwan’s wind development by providing three OSVs operating across different projects. The Topaz Installer, a cable-lay vessel, will be utilized in shore-to-sea and inter-field cable arrays for clients Subsea 7 and Van Oord until 2024. The end client is Ørsted Taiwan Limited, a leading offshore energy NOBLE ENERGY ANNOUNCES DISCOVERY AT TROUBADOUR IN GULF OF Noble Energy, Inc. (NYSE: NBL) has announced a discovery at the Troubadour exploration prospect in the Deepwater Gulf of Mexico.The well, located in Noble Energy's Big Bend/Troubadour "Rio Grande" area, is located in 7,273 feet of water on Mississippi Canyon Block 699 and was drilled to a total depth of 19,510 feet. SIEMENS’ BLUEVAULT™ ENERGY STORAGE SOLUTIONS FOR OFFSHORE The company’s advanced lithium-ion battery-based solution, known as BlueVault™, is suited for both all-electric and hybrid energy-storage applications. BlueVault energy storage solutions are designed to help ensure continuity of power and to minimize carbon dioxide emissions, with an end goal of a low-emissions platform. LATEST RENEWABLE ENERGY AND OIL & GAS NEWS Offshore Source is your go-to resource for the latest renewable energy and oil & gas news. We provide relevant news and market data focused on the Offshore Energy Industry. NEW TRENDS ON THE GLOBAL MARKET OF LNG CARRIERS In the short- and medium-term, the global LNG shipping market is anticipated to be balanced due to the upcoming commissioning of new LNG carriers. At least 142 LNG carriers, ordered recently, are expected to come on line between 2021 and 2025. Out of the total number, 46 LNG carriers are to be commissioned in 2021 followed by 38carriers in 2022.
SUBSEA 7 NESP WINS OTC SPOTLIGHT ON NEW TECHNOLOGY® AWARD Subsea 7, a global leader in the delivery of offshore projects and services for the evolving energy industry, and Xodus Group, an autonomous subsidiary of Subsea 7, are to be recognized at the 2021 Offshore Technology Conference (OTC) in Houston with a Spotlight on New Technology® Award for Subsea 7 Nano Engineered Sensor Platform(Subsea 7 NESP).
INTEGRATED E&PS RAPIDLY ACCELERATE OFFSHORE WIND MARKET This move builds on the French E&Ps 51% interest in the up to 1.5GW Seagreen complex off the UK. Currently, European supermajors are expected to increase their offshore wind generation capacity from around 400MW in 2020 to 8,200MW by 2030. Although this only accounts for 3% of our expected total installed capacity it should be notedthat this
FRANCE TO BECOME EUROPE’S FOURTH-LARGEST OFFSHORE WIND France’s ambition to increase electricity production from renewable energy sources will make the country Europe’s fourth-largest offshore wind power producer in 2030, with 7.4 gigawatts (GW) of capacity in operation. The development is going full-steam ahead despite any potential cost or supply chain issues from Covid-19. NEW ANGOLA CONTRACT FOR SEADRILL JOINT VENTURE QUENGUELA Seadrill Limited has secured a new contract by Sonadrill Holding Ltd (“Sonadrill”), the 50:50 joint venture with an affiliate of Sonangol E.P. (“Sonangol”). Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the Sonangol Quenguela drillship. GREENER SHIPPING WITH STATE-OF-THE-ART METHANOL-READY Greener Shipping with State-of-the-Art Methanol-Ready Vessel. Proman Stena Bulk Ltd has finalized an agreement to build an additional vessel under its joint venture partnership. The methanol-powered Stena Prosperous will join the Stena ProPatria and the Stena ProMare in the Proman Stena fleet in H2 2022. Each vessel will use 12,500 tonnes per P&O MARITIME LOGISTICS TO SUPPORT OFFSHORE WIND P&O Maritime Logistics will assist Taiwan’s wind development by providing three OSVs operating across different projects. The Topaz Installer, a cable-lay vessel, will be utilized in shore-to-sea and inter-field cable arrays for clients Subsea 7 and Van Oord until 2024. The end client is Ørsted Taiwan Limited, a leading offshore energy NOBLE ENERGY ANNOUNCES DISCOVERY AT TROUBADOUR IN GULF OF Noble Energy, Inc. (NYSE: NBL) has announced a discovery at the Troubadour exploration prospect in the Deepwater Gulf of Mexico.The well, located in Noble Energy's Big Bend/Troubadour "Rio Grande" area, is located in 7,273 feet of water on Mississippi Canyon Block 699 and was drilled to a total depth of 19,510 feet. SIEMENS’ BLUEVAULT™ ENERGY STORAGE SOLUTIONS FOR OFFSHORE The company’s advanced lithium-ion battery-based solution, known as BlueVault™, is suited for both all-electric and hybrid energy-storage applications. BlueVault energy storage solutions are designed to help ensure continuity of power and to minimize carbon dioxide emissions, with an end goal of a low-emissions platform. LATEST RENEWABLE ENERGY AND OIL & GAS NEWS Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated. HEXICON TO ACQUIRE WAVE HUB OFFSHORE RENEWABLE ENERGY TEST Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated. SUPERIOR ANNOUNCES JUNE 2021 CASH DIVIDEND June 2021 Cash Dividend - $0.06 per share TORONTO--(BUSINESS WIRE)--Superior Plus Corp. (“Superior”) today announced its cash dividend for the month of June 2021 of $0.06 per share payable on July 15, 2021. The record date is June 30, 2021 and the ex PROPOSED LEASE SALE FOR OFFSHORE WIND DEVELOPMENT FOR NEW In support of the Biden-Harris administration’s goal of installing 30 gigawatts of offshore wind energy by 2030, the Department of the Interior has announced a proposed sale for offshore wind development on the Outer Continental Shelf (OCS) in the New York Bight – an area of shallow waters between Long Island and the New Jersey coast.This would be the first competitive offshore wind lease ICR RENEWS SIGNIFICANT QUICKFLANGE™ CONTRACT WITH APACHE ICR Integrity (ICR), a leading global provider of integrated maintenance and integrity solutions to the oil and gas, power, chemical, nuclear and renewables industries, has signed a renewal agreement for its Quickflange™ service with Apache Corporation’s North Sea subsidiaries. OCEAN INFINITY ACQUIRES MARINE SERVICE COMPANY AMBREY Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.BUSINESS WIRE
Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. EY ANNOUNCES ENVIVA’S JOHN KEPPLER AS AN ENTREPRENEUR OF BETHESDA, Md.--(BUSINESS WIRE)--#2021MidAtlanticFinalist--Enviva, a leading global renewable energy company specializing in sustainable wood bioenergy, today announced that its Chairman and CEO, John Keppler, was named an Entrepreneur Of The Year ® 2021 Mid-Atlantic Award finalist.Now in its 35th year, the Entrepreneur Of The Year program honors unstoppable business PORT OF LOS ANGELES ECLIPSES 10 MILLION CONTAINER UNITS America’s Busiest Port Sets Western Hemisphere Record for Annual Volume SAN PEDRO, Calif.--(BUSINESS WIRE)--The Port of Los Angeles on Thursday became the first port in the Western Hemisphere to process 10 million container units in a 12‑month period INDIE SEMICONDUCTOR AND THUNDER BRIDGE ACQUISITION II, LTD indie To Begin Trading on Nasdaq June 11, 2021 as 'INDI' ALISO VIEJO, Calif. & GREAT FALLS, Va.--(BUSINESS WIRE)--indie Semiconductor, an Autotech solutions innovator, and Thunder Bridge Acquisition II, Ltd. (Nasdaq: THBR), a special purpose acquisit LATEST RENEWABLE ENERGY AND OIL & GAS NEWS Offshore Source is your go-to resource for the latest renewable energy and oil & gas news. We provide relevant news and market data focused on the Offshore Energy Industry. HEXICON TO ACQUIRE WAVE HUB OFFSHORE RENEWABLE ENERGY TEST Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated. NEW TRENDS ON THE GLOBAL MARKET OF LNG CARRIERS In the short- and medium-term, the global LNG shipping market is anticipated to be balanced due to the upcoming commissioning of new LNG carriers. At least 142 LNG carriers, ordered recently, are expected to come on line between 2021 and 2025. Out of the total number, 46 LNG carriers are to be commissioned in 2021 followed by 38carriers in 2022.
SUBSEA 7 NESP WINS OTC SPOTLIGHT ON NEW TECHNOLOGY® AWARD Subsea 7, a global leader in the delivery of offshore projects and services for the evolving energy industry, and Xodus Group, an autonomous subsidiary of Subsea 7, are to be recognized at the 2021 Offshore Technology Conference (OTC) in Houston with a Spotlight on New Technology® Award for Subsea 7 Nano Engineered Sensor Platform(Subsea 7 NESP).
INTEGRATED E&PS RAPIDLY ACCELERATE OFFSHORE WIND MARKET This move builds on the French E&Ps 51% interest in the up to 1.5GW Seagreen complex off the UK. Currently, European supermajors are expected to increase their offshore wind generation capacity from around 400MW in 2020 to 8,200MW by 2030. Although this only accounts for 3% of our expected total installed capacity it should be notedthat this
ICR RENEWS SIGNIFICANT QUICKFLANGE™ CONTRACT WITH APACHE ICR Integrity (ICR), a leading global provider of integrated maintenance and integrity solutions to the oil and gas, power, chemical, nuclear and renewables industries, has signed a renewal agreement for its Quickflange™ service with Apache Corporation’s North Sea subsidiaries. NEW ANGOLA CONTRACT FOR SEADRILL JOINT VENTURE QUENGUELA Seadrill Limited has secured a new contract by Sonadrill Holding Ltd (“Sonadrill”), the 50:50 joint venture with an affiliate of Sonangol E.P. (“Sonangol”). Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the Sonangol Quenguela drillship. GREENER SHIPPING WITH STATE-OF-THE-ART METHANOL-READY Greener Shipping with State-of-the-Art Methanol-Ready Vessel. Proman Stena Bulk Ltd has finalized an agreement to build an additional vessel under its joint venture partnership. The methanol-powered Stena Prosperous will join the Stena ProPatria and the Stena ProMare in the Proman Stena fleet in H2 2022. Each vessel will use 12,500 tonnes per NOBLE ENERGY ANNOUNCES DISCOVERY AT TROUBADOUR IN GULF OF Noble Energy, Inc. (NYSE: NBL) has announced a discovery at the Troubadour exploration prospect in the Deepwater Gulf of Mexico.The well, located in Noble Energy's Big Bend/Troubadour "Rio Grande" area, is located in 7,273 feet of water on Mississippi Canyon Block 699 and was drilled to a total depth of 19,510 feet. VENARI RESOURCES ANNOUNCES INCREASED OWNERSHIP IN Venari Resources LLC (“Venari”), a deepwater oil exploration and production company in the Gulf of Mexico, announced today that it has acquired an additional seven percent working interest in the Shenandoah field on Walker Ridge Blocks 51, 52 and 53. The company also reported successful results from the Shenandoah #5 appraisalwell.
LATEST RENEWABLE ENERGY AND OIL & GAS NEWS Offshore Source is your go-to resource for the latest renewable energy and oil & gas news. We provide relevant news and market data focused on the Offshore Energy Industry. HEXICON TO ACQUIRE WAVE HUB OFFSHORE RENEWABLE ENERGY TEST Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated. NEW TRENDS ON THE GLOBAL MARKET OF LNG CARRIERS In the short- and medium-term, the global LNG shipping market is anticipated to be balanced due to the upcoming commissioning of new LNG carriers. At least 142 LNG carriers, ordered recently, are expected to come on line between 2021 and 2025. Out of the total number, 46 LNG carriers are to be commissioned in 2021 followed by 38carriers in 2022.
SUBSEA 7 NESP WINS OTC SPOTLIGHT ON NEW TECHNOLOGY® AWARD Subsea 7, a global leader in the delivery of offshore projects and services for the evolving energy industry, and Xodus Group, an autonomous subsidiary of Subsea 7, are to be recognized at the 2021 Offshore Technology Conference (OTC) in Houston with a Spotlight on New Technology® Award for Subsea 7 Nano Engineered Sensor Platform(Subsea 7 NESP).
INTEGRATED E&PS RAPIDLY ACCELERATE OFFSHORE WIND MARKET This move builds on the French E&Ps 51% interest in the up to 1.5GW Seagreen complex off the UK. Currently, European supermajors are expected to increase their offshore wind generation capacity from around 400MW in 2020 to 8,200MW by 2030. Although this only accounts for 3% of our expected total installed capacity it should be notedthat this
ICR RENEWS SIGNIFICANT QUICKFLANGE™ CONTRACT WITH APACHE ICR Integrity (ICR), a leading global provider of integrated maintenance and integrity solutions to the oil and gas, power, chemical, nuclear and renewables industries, has signed a renewal agreement for its Quickflange™ service with Apache Corporation’s North Sea subsidiaries. NEW ANGOLA CONTRACT FOR SEADRILL JOINT VENTURE QUENGUELA Seadrill Limited has secured a new contract by Sonadrill Holding Ltd (“Sonadrill”), the 50:50 joint venture with an affiliate of Sonangol E.P. (“Sonangol”). Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the Sonangol Quenguela drillship. GREENER SHIPPING WITH STATE-OF-THE-ART METHANOL-READY Greener Shipping with State-of-the-Art Methanol-Ready Vessel. Proman Stena Bulk Ltd has finalized an agreement to build an additional vessel under its joint venture partnership. The methanol-powered Stena Prosperous will join the Stena ProPatria and the Stena ProMare in the Proman Stena fleet in H2 2022. Each vessel will use 12,500 tonnes per NOBLE ENERGY ANNOUNCES DISCOVERY AT TROUBADOUR IN GULF OF Noble Energy, Inc. (NYSE: NBL) has announced a discovery at the Troubadour exploration prospect in the Deepwater Gulf of Mexico.The well, located in Noble Energy's Big Bend/Troubadour "Rio Grande" area, is located in 7,273 feet of water on Mississippi Canyon Block 699 and was drilled to a total depth of 19,510 feet. VENARI RESOURCES ANNOUNCES INCREASED OWNERSHIP IN Venari Resources LLC (“Venari”), a deepwater oil exploration and production company in the Gulf of Mexico, announced today that it has acquired an additional seven percent working interest in the Shenandoah field on Walker Ridge Blocks 51, 52 and 53. The company also reported successful results from the Shenandoah #5 appraisalwell.
COMPANY UPDATES
Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated. FRANCE TO BECOME EUROPE’S FOURTH-LARGEST OFFSHORE WIND France’s ambition to increase electricity production from renewable energy sources will make the country Europe’s fourth-largest offshore wind power producer in 2030, with 7.4 gigawatts (GW) of capacity in operation. The development is going full-steam ahead despite any potential cost or supply chain issues from Covid-19. PROPOSED LEASE SALE FOR OFFSHORE WIND DEVELOPMENT FOR NEW In support of the Biden-Harris administration’s goal of installing 30 gigawatts of offshore wind energy by 2030, the Department of the Interior has announced a proposed sale for offshore wind development on the Outer Continental Shelf (OCS) in the New York Bight – an area of shallow waters between Long Island and the New Jersey coast.This would be the first competitive offshore wind lease KONGSBERG TO DELIVER CSOV DESIGN AND EQUIPMENT TO AWIND Kongsberg Maritime (KM) has secured contracts with China Merchant Heavy Industries (CMHI) to design and equip two construction service operation vessels (CSOV) for the Norway-based shipowner Awind AS, a fully-owned subsidiary of Integrated Wind Solutions AS. The combined contract value is approximately NOK 250 million. EY ANNOUNCES ENVIVA’S JOHN KEPPLER AS AN ENTREPRENEUR OF BETHESDA, Md.--(BUSINESS WIRE)--#2021MidAtlanticFinalist--Enviva, a leading global renewable energy company specializing in sustainable wood bioenergy, today announced that its Chairman and CEO, John Keppler, was named an Entrepreneur Of The Year ® 2021 Mid-Atlantic Award finalist.Now in its 35th year, the Entrepreneur Of The Year program honors unstoppable businessBUSINESS WIRE
Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. 174 POWER GLOBAL COMPLETES CONSTRUCTION OF 1,200-ACRE 174 Power Global Affiliate Chariot Energy Commits to Purchasing Nearly 20% of Oberon Output. HOUSTON--(BUSINESS WIRE)--174 Power Global today announced that it has completed and energized its Oberon Solar Power Facility (“Oberon”), one of the largest utility-scale solar generation facilities in Texas. PORT OF LOS ANGELES ECLIPSES 10 MILLION CONTAINER UNITS America’s Busiest Port Sets Western Hemisphere Record for Annual Volume SAN PEDRO, Calif.--(BUSINESS WIRE)--The Port of Los Angeles on Thursday became the first port in the Western Hemisphere to process 10 million container units in a 12‑month period INDIE SEMICONDUCTOR AND THUNDER BRIDGE ACQUISITION II, LTD indie To Begin Trading on Nasdaq June 11, 2021 as 'INDI' ALISO VIEJO, Calif. & GREAT FALLS, Va.--(BUSINESS WIRE)--indie Semiconductor, an Autotech solutions innovator, and Thunder Bridge Acquisition II, Ltd. (Nasdaq: THBR), a special purpose acquisit CROWN LNG TO DEVELOP LNG TERMINAL OFFSHORE INDIA Crown LNG specializes in LNG infrastructure for both LNG re-gasification and LNG liquefaction. Since its inception, the company has focused on development of a technical solution that can operate in more severe weather conditions than floating solutions. LATEST RENEWABLE ENERGY AND OIL & GAS NEWS Offshore Source is your go-to resource for the latest renewable energy and oil & gas news. We provide relevant news and market data focused on the Offshore Energy Industry. HEXICON TO ACQUIRE WAVE HUB OFFSHORE RENEWABLE ENERGY TEST Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated. NEW TRENDS ON THE GLOBAL MARKET OF LNG CARRIERS In the short- and medium-term, the global LNG shipping market is anticipated to be balanced due to the upcoming commissioning of new LNG carriers. At least 142 LNG carriers, ordered recently, are expected to come on line between 2021 and 2025. Out of the total number, 46 LNG carriers are to be commissioned in 2021 followed by 38carriers in 2022.
SUBSEA 7 NESP WINS OTC SPOTLIGHT ON NEW TECHNOLOGY® AWARD Subsea 7, a global leader in the delivery of offshore projects and services for the evolving energy industry, and Xodus Group, an autonomous subsidiary of Subsea 7, are to be recognized at the 2021 Offshore Technology Conference (OTC) in Houston with a Spotlight on New Technology® Award for Subsea 7 Nano Engineered Sensor Platform(Subsea 7 NESP).
ICR RENEWS SIGNIFICANT QUICKFLANGE™ CONTRACT WITH APACHE ICR Integrity (ICR), a leading global provider of integrated maintenance and integrity solutions to the oil and gas, power, chemical, nuclear and renewables industries, has signed a renewal agreement for its Quickflange™ service with Apache Corporation’s North Sea subsidiaries. NEW ANGOLA CONTRACT FOR SEADRILL JOINT VENTURE QUENGUELA Seadrill Limited has secured a new contract by Sonadrill Holding Ltd (“Sonadrill”), the 50:50 joint venture with an affiliate of Sonangol E.P. (“Sonangol”). Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the Sonangol Quenguela drillship. GREENER SHIPPING WITH STATE-OF-THE-ART METHANOL-READY Greener Shipping with State-of-the-Art Methanol-Ready Vessel. Proman Stena Bulk Ltd has finalized an agreement to build an additional vessel under its joint venture partnership. The methanol-powered Stena Prosperous will join the Stena ProPatria and the Stena ProMare in the Proman Stena fleet in H2 2022. Each vessel will use 12,500 tonnes per NOBLE ENERGY ANNOUNCES DISCOVERY AT TROUBADOUR IN GULF OF Noble Energy, Inc. (NYSE: NBL) has announced a discovery at the Troubadour exploration prospect in the Deepwater Gulf of Mexico.The well, located in Noble Energy's Big Bend/Troubadour "Rio Grande" area, is located in 7,273 feet of water on Mississippi Canyon Block 699 and was drilled to a total depth of 19,510 feet. JAMES FISHER LAUNCHES JAMES FISHER RENEWABLES James Fisher , a leading provider of innovative marine solutions and specialized engineering services, has launched James Fisher Renewables, which sees consolidation of the group’s extensive capabilities into a comprehensive solutions provider. Recognizing significant growth opportunities in the renewables sector, the newstructure will see
INTECSEA LAUNCHES NEXT GENERATION FLOATER INTECSEA (WorleyParsons Group), an independent provider of engineering and project management services for full lifecycle asset management, has launched a range of low-motion (LM) floaters – the flagship LM-FPSO, the LM-FLNG and the LM-SEMI. Suitable for all water depths, the LM-FPSO transforms the economics of harsh, remote offshore fields with savings of $500m – $1.2bn LATEST RENEWABLE ENERGY AND OIL & GAS NEWS Offshore Source is your go-to resource for the latest renewable energy and oil & gas news. We provide relevant news and market data focused on the Offshore Energy Industry. HEXICON TO ACQUIRE WAVE HUB OFFSHORE RENEWABLE ENERGY TEST Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated. NEW TRENDS ON THE GLOBAL MARKET OF LNG CARRIERS In the short- and medium-term, the global LNG shipping market is anticipated to be balanced due to the upcoming commissioning of new LNG carriers. At least 142 LNG carriers, ordered recently, are expected to come on line between 2021 and 2025. Out of the total number, 46 LNG carriers are to be commissioned in 2021 followed by 38carriers in 2022.
SUBSEA 7 NESP WINS OTC SPOTLIGHT ON NEW TECHNOLOGY® AWARD Subsea 7, a global leader in the delivery of offshore projects and services for the evolving energy industry, and Xodus Group, an autonomous subsidiary of Subsea 7, are to be recognized at the 2021 Offshore Technology Conference (OTC) in Houston with a Spotlight on New Technology® Award for Subsea 7 Nano Engineered Sensor Platform(Subsea 7 NESP).
ICR RENEWS SIGNIFICANT QUICKFLANGE™ CONTRACT WITH APACHE ICR Integrity (ICR), a leading global provider of integrated maintenance and integrity solutions to the oil and gas, power, chemical, nuclear and renewables industries, has signed a renewal agreement for its Quickflange™ service with Apache Corporation’s North Sea subsidiaries. NEW ANGOLA CONTRACT FOR SEADRILL JOINT VENTURE QUENGUELA Seadrill Limited has secured a new contract by Sonadrill Holding Ltd (“Sonadrill”), the 50:50 joint venture with an affiliate of Sonangol E.P. (“Sonangol”). Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the Sonangol Quenguela drillship. GREENER SHIPPING WITH STATE-OF-THE-ART METHANOL-READY Greener Shipping with State-of-the-Art Methanol-Ready Vessel. Proman Stena Bulk Ltd has finalized an agreement to build an additional vessel under its joint venture partnership. The methanol-powered Stena Prosperous will join the Stena ProPatria and the Stena ProMare in the Proman Stena fleet in H2 2022. Each vessel will use 12,500 tonnes per NOBLE ENERGY ANNOUNCES DISCOVERY AT TROUBADOUR IN GULF OF Noble Energy, Inc. (NYSE: NBL) has announced a discovery at the Troubadour exploration prospect in the Deepwater Gulf of Mexico.The well, located in Noble Energy's Big Bend/Troubadour "Rio Grande" area, is located in 7,273 feet of water on Mississippi Canyon Block 699 and was drilled to a total depth of 19,510 feet. JAMES FISHER LAUNCHES JAMES FISHER RENEWABLES James Fisher , a leading provider of innovative marine solutions and specialized engineering services, has launched James Fisher Renewables, which sees consolidation of the group’s extensive capabilities into a comprehensive solutions provider. Recognizing significant growth opportunities in the renewables sector, the newstructure will see
INTECSEA LAUNCHES NEXT GENERATION FLOATER INTECSEA (WorleyParsons Group), an independent provider of engineering and project management services for full lifecycle asset management, has launched a range of low-motion (LM) floaters – the flagship LM-FPSO, the LM-FLNG and the LM-SEMI. Suitable for all water depths, the LM-FPSO transforms the economics of harsh, remote offshore fields with savings of $500m – $1.2bnCOMPANY UPDATES
Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated. SUPERIOR ANNOUNCES JUNE 2021 CASH DIVIDEND June 2021 Cash Dividend - $0.06 per share TORONTO--(BUSINESS WIRE)--Superior Plus Corp. (“Superior”) today announced its cash dividend for the month of June 2021 of $0.06 per share payable on July 15, 2021. The record date is June 30, 2021 and the ex HEXICON TO ACQUIRE WAVE HUB OFFSHORE RENEWABLE ENERGY TEST Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated. MARINE ECONOMY IN 2019 OUTPACES US ECONOMY OVERALL America’s marine economy contributed about $397 billion to the nation’s gross domestic product in 2019 and grew faster than the nation’s economy as a whole, according to the most current results of the first official Marine Economy Satellite Account released today by two Department of Commerce agencies.BUSINESS WIRE
Business Wire Posted On August 06, 2020 Insights on the Transit Packaging Global Market to 2027 - Supply Chain Trends Mapping the Latest Technological Advancements - ResearchAndMarkets.com DS SMITH ANNOUNCES COMMITMENT TO SCIENCE BASED TARGET FOR DS Smith commits to science-based target by 2030, cutting CO2 emissions per ton of product by at least 40% The company is ahead of previous carbon reduction targets, achieving a 23% reduction in emissions per ton of product by the end of 2020 ATLANTA CIRCULOR RAISES $14M SERIES A TO LEAD THE FUTURE OF Circulor will use the investment to drive ongoing innovation and extend its presence in North America and Asia. The investment highlights Circulor’s success in enabling global businesses, including Volvo Cars, Polestar, BHP, and LG Energy Solutions, to track and manage their supply chains, support responsible sourcing, analyse supply chain emissions, and improve sustainability. ARGAN, INC. REPORTS FIRST QUARTER RESULTS ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced financial results for its first quarter ended April 30, 2021.For additional information, please read the Company’s Quarterly Report on Form 10-Q, which the Company intends to file today with the U.S. Securities and Exchange Commission(the “SEC”).
FLUENCE EXPANDS FOOTPRINT IN BURGEONING ISRAELI CANNABIS AUSTIN, Texas & ROTTERDAM, Netherlands--(BUSINESS WIRE)--Fluence by OSRAM (Fluence), a leading global provider of energy-efficient LED lighting solutions for commercial cannabis and food production, announced today its implementations with two major cannabis cultivators in Israel, Springs Valley Cannabis LTD and UNIVO Pharmaceuticals (UNIVO), through Fluence’s ongoingBUSINESS WIRE
Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated. LATEST RENEWABLE ENERGY AND OIL & GAS NEWS Offshore Source is your go-to resource for the latest renewable energy and oil & gas news. We provide relevant news and market data focused on the Offshore Energy Industry. HEXICON TO ACQUIRE WAVE HUB OFFSHORE RENEWABLE ENERGY TEST Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated. NEW TRENDS ON THE GLOBAL MARKET OF LNG CARRIERS In the short- and medium-term, the global LNG shipping market is anticipated to be balanced due to the upcoming commissioning of new LNG carriers. At least 142 LNG carriers, ordered recently, are expected to come on line between 2021 and 2025. Out of the total number, 46 LNG carriers are to be commissioned in 2021 followed by 38carriers in 2022.
SUBSEA 7 NESP WINS OTC SPOTLIGHT ON NEW TECHNOLOGY® AWARD Subsea 7, a global leader in the delivery of offshore projects and services for the evolving energy industry, and Xodus Group, an autonomous subsidiary of Subsea 7, are to be recognized at the 2021 Offshore Technology Conference (OTC) in Houston with a Spotlight on New Technology® Award for Subsea 7 Nano Engineered Sensor Platform(Subsea 7 NESP).
MOSBY PERROW TO JOIN VAN NESS FELDMAN WASHINGTON--(BUSINESS WIRE)--Van Ness Feldman LLP is pleased to announce that Mosby Perrow will join the firm as a partner on September 1, 2021.. Until recently, Mr. Perrow served as a Vice President and Deputy General Counsel at Kinder Morgan, one of the largest energy infrastructure companies in North America, where he managed the legal team responsible for Kinder Morgan’s NEW ANGOLA CONTRACT FOR SEADRILL JOINT VENTURE QUENGUELA Seadrill Limited has secured a new contract by Sonadrill Holding Ltd (“Sonadrill”), the 50:50 joint venture with an affiliate of Sonangol E.P. (“Sonangol”). Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the Sonangol Quenguela drillship. FRANCE TO BECOME EUROPE’S FOURTH-LARGEST OFFSHORE WIND France’s ambition to increase electricity production from renewable energy sources will make the country Europe’s fourth-largest offshore wind power producer in 2030, with 7.4 gigawatts (GW) of capacity in operation. The development is going full-steam ahead despite any potential cost or supply chain issues from Covid-19. NOBLE ENERGY ANNOUNCES DISCOVERY AT TROUBADOUR IN GULF OF Noble Energy, Inc. (NYSE: NBL) has announced a discovery at the Troubadour exploration prospect in the Deepwater Gulf of Mexico.The well, located in Noble Energy's Big Bend/Troubadour "Rio Grande" area, is located in 7,273 feet of water on Mississippi Canyon Block 699 and was drilled to a total depth of 19,510 feet. JAMES FISHER LAUNCHES JAMES FISHER RENEWABLES James Fisher , a leading provider of innovative marine solutions and specialized engineering services, has launched James Fisher Renewables, which sees consolidation of the group’s extensive capabilities into a comprehensive solutions provider. Recognizing significant growth opportunities in the renewables sector, the newstructure will see
INTECSEA LAUNCHES NEXT GENERATION FLOATER INTECSEA (WorleyParsons Group), an independent provider of engineering and project management services for full lifecycle asset management, has launched a range of low-motion (LM) floaters – the flagship LM-FPSO, the LM-FLNG and the LM-SEMI. Suitable for all water depths, the LM-FPSO transforms the economics of harsh, remote offshore fields with savings of $500m – $1.2bn LATEST RENEWABLE ENERGY AND OIL & GAS NEWS Offshore Source is your go-to resource for the latest renewable energy and oil & gas news. We provide relevant news and market data focused on the Offshore Energy Industry. HEXICON TO ACQUIRE WAVE HUB OFFSHORE RENEWABLE ENERGY TEST Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated. NEW TRENDS ON THE GLOBAL MARKET OF LNG CARRIERS In the short- and medium-term, the global LNG shipping market is anticipated to be balanced due to the upcoming commissioning of new LNG carriers. At least 142 LNG carriers, ordered recently, are expected to come on line between 2021 and 2025. Out of the total number, 46 LNG carriers are to be commissioned in 2021 followed by 38carriers in 2022.
SUBSEA 7 NESP WINS OTC SPOTLIGHT ON NEW TECHNOLOGY® AWARD Subsea 7, a global leader in the delivery of offshore projects and services for the evolving energy industry, and Xodus Group, an autonomous subsidiary of Subsea 7, are to be recognized at the 2021 Offshore Technology Conference (OTC) in Houston with a Spotlight on New Technology® Award for Subsea 7 Nano Engineered Sensor Platform(Subsea 7 NESP).
MOSBY PERROW TO JOIN VAN NESS FELDMAN WASHINGTON--(BUSINESS WIRE)--Van Ness Feldman LLP is pleased to announce that Mosby Perrow will join the firm as a partner on September 1, 2021.. Until recently, Mr. Perrow served as a Vice President and Deputy General Counsel at Kinder Morgan, one of the largest energy infrastructure companies in North America, where he managed the legal team responsible for Kinder Morgan’s NEW ANGOLA CONTRACT FOR SEADRILL JOINT VENTURE QUENGUELA Seadrill Limited has secured a new contract by Sonadrill Holding Ltd (“Sonadrill”), the 50:50 joint venture with an affiliate of Sonangol E.P. (“Sonangol”). Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the Sonangol Quenguela drillship. FRANCE TO BECOME EUROPE’S FOURTH-LARGEST OFFSHORE WIND France’s ambition to increase electricity production from renewable energy sources will make the country Europe’s fourth-largest offshore wind power producer in 2030, with 7.4 gigawatts (GW) of capacity in operation. The development is going full-steam ahead despite any potential cost or supply chain issues from Covid-19. NOBLE ENERGY ANNOUNCES DISCOVERY AT TROUBADOUR IN GULF OF Noble Energy, Inc. (NYSE: NBL) has announced a discovery at the Troubadour exploration prospect in the Deepwater Gulf of Mexico.The well, located in Noble Energy's Big Bend/Troubadour "Rio Grande" area, is located in 7,273 feet of water on Mississippi Canyon Block 699 and was drilled to a total depth of 19,510 feet. JAMES FISHER LAUNCHES JAMES FISHER RENEWABLES James Fisher , a leading provider of innovative marine solutions and specialized engineering services, has launched James Fisher Renewables, which sees consolidation of the group’s extensive capabilities into a comprehensive solutions provider. Recognizing significant growth opportunities in the renewables sector, the newstructure will see
INTECSEA LAUNCHES NEXT GENERATION FLOATER INTECSEA (WorleyParsons Group), an independent provider of engineering and project management services for full lifecycle asset management, has launched a range of low-motion (LM) floaters – the flagship LM-FPSO, the LM-FLNG and the LM-SEMI. Suitable for all water depths, the LM-FPSO transforms the economics of harsh, remote offshore fields with savings of $500m – $1.2bnCOMPANY UPDATES
Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated. SUPERIOR ANNOUNCES JUNE 2021 CASH DIVIDEND June 2021 Cash Dividend - $0.06 per share TORONTO--(BUSINESS WIRE)--Superior Plus Corp. (“Superior”) today announced its cash dividend for the month of June 2021 of $0.06 per share payable on July 15, 2021. The record date is June 30, 2021 and the ex HEXICON TO ACQUIRE WAVE HUB OFFSHORE RENEWABLE ENERGY TEST Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated. EY ANNOUNCES ENVIVA’S JOHN KEPPLER AS AN ENTREPRENEUR OF BETHESDA, Md.--(BUSINESS WIRE)--#2021MidAtlanticFinalist--Enviva, a leading global renewable energy company specializing in sustainable wood bioenergy, today announced that its Chairman and CEO, John Keppler, was named an Entrepreneur Of The Year ® 2021 Mid-Atlantic Award finalist.Now in its 35th year, the Entrepreneur Of The Year program honors unstoppable business COLGATE ENERGY ANNOUNCES STRATEGIC ACQUISITION OF CORE MIDLAND, Texas--(BUSINESS WIRE)--Colgate Energy Partners III, LLC (the “Company” or “Colgate”) announced today that it has entered into a definitive agreement with Occidental to purchase approximately 25,000 net acres and 10,000 Boepd in Reeves and W J.B. HUNT AND WAYMO COLLABORATE TO MOVE FREIGHT The test run will use Waymo Via, the company’s autonomous Class 8 trucking unit powered by the Waymo Driver, to haul freight between facilities in Houston and Fort Worth, Texas.The transport along Interstate 45 will be completed using Level 4 autonomous driving technology supervised by Waymo autonomous specialists, a commercially licensed driver and a software technician, on board to XOS, INC. ANNOUNCES NEW POWERTRAIN ORDER FROM WIGGINS LIFT Xos’ new division, Powered by Xos™, to supply a total of 38 powertrain systems to Wiggins LOS ANGELES--(BUSINESS WIRE)--Xos, Inc., a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles ('Xos' or the 'Company') that recently MOSBY PERROW TO JOIN VAN NESS FELDMAN WASHINGTON--(BUSINESS WIRE)--Van Ness Feldman LLP is pleased to announce that Mosby Perrow will join the firm as a partner on September 1, 2021.. Until recently, Mr. Perrow served as a Vice President and Deputy General Counsel at Kinder Morgan, one of the largest energy infrastructure companies in North America, where he managed the legal team responsible for Kinder Morgan’s CIRCULOR RAISES $14M SERIES A TO LEAD THE FUTURE OF Circulor will use the investment to drive ongoing innovation and extend its presence in North America and Asia. The investment highlights Circulor’s success in enabling global businesses, including Volvo Cars, Polestar, BHP, and LG Energy Solutions, to track and manage their supply chains, support responsible sourcing, analyse supply chain emissions, and improve sustainability. KOSMOS ENERGY APPOINTS ROY A. FRANKLIN TO BOARD OF DALLAS--(BUSINESS WIRE)--Kosmos Energy (NYSE/LSE: KOS) announced today that Mr. Roy A. Franklin has joined its Board of Directors, effective June 9, 2021.Mr. Franklin is a senior executive with more than 45 years in the energy industry and extensive board experience in multiple companies both in the public and private sector. LATEST RENEWABLE ENERGY AND OIL & GAS NEWS Offshore Source is your go-to resource for the latest renewable energy and oil & gas news. We provide relevant news and market data focused on the Offshore Energy Industry. NEW TRENDS ON THE GLOBAL MARKET OF LNG CARRIERS In the short- and medium-term, the global LNG shipping market is anticipated to be balanced due to the upcoming commissioning of new LNG carriers. At least 142 LNG carriers, ordered recently, are expected to come on line between 2021 and 2025. Out of the total number, 46 LNG carriers are to be commissioned in 2021 followed by 38carriers in 2022.
SUBSEA 7 NESP WINS OTC SPOTLIGHT ON NEW TECHNOLOGY® AWARD Subsea 7, a global leader in the delivery of offshore projects and services for the evolving energy industry, and Xodus Group, an autonomous subsidiary of Subsea 7, are to be recognized at the 2021 Offshore Technology Conference (OTC) in Houston with a Spotlight on New Technology® Award for Subsea 7 Nano Engineered Sensor Platform(Subsea 7 NESP).
NEW ANGOLA CONTRACT FOR SEADRILL JOINT VENTURE QUENGUELA Seadrill Limited has secured a new contract by Sonadrill Holding Ltd (“Sonadrill”), the 50:50 joint venture with an affiliate of Sonangol E.P. (“Sonangol”). Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the Sonangol Quenguela drillship. FRANCE TO BECOME EUROPE’S FOURTH-LARGEST OFFSHORE WIND France’s ambition to increase electricity production from renewable energy sources will make the country Europe’s fourth-largest offshore wind power producer in 2030, with 7.4 gigawatts (GW) of capacity in operation. The development is going full-steam ahead despite any potential cost or supply chain issues from Covid-19. GREENER SHIPPING WITH STATE-OF-THE-ART METHANOL-READY Greener Shipping with State-of-the-Art Methanol-Ready Vessel. Proman Stena Bulk Ltd has finalized an agreement to build an additional vessel under its joint venture partnership. The methanol-powered Stena Prosperous will join the Stena ProPatria and the Stena ProMare in the Proman Stena fleet in H2 2022. Each vessel will use 12,500 tonnes per P&O MARITIME LOGISTICS TO SUPPORT OFFSHORE WIND P&O Maritime Logistics will assist Taiwan’s wind development by providing three OSVs operating across different projects. The Topaz Installer, a cable-lay vessel, will be utilized in shore-to-sea and inter-field cable arrays for clients Subsea 7 and Van Oord until 2024. The end client is Ørsted Taiwan Limited, a leading offshore energy NOBLE ENERGY ANNOUNCES DISCOVERY AT TROUBADOUR IN GULF OF Noble Energy, Inc. (NYSE: NBL) has announced a discovery at the Troubadour exploration prospect in the Deepwater Gulf of Mexico.The well, located in Noble Energy's Big Bend/Troubadour "Rio Grande" area, is located in 7,273 feet of water on Mississippi Canyon Block 699 and was drilled to a total depth of 19,510 feet. SIEMENS’ BLUEVAULT™ ENERGY STORAGE SOLUTIONS FOR OFFSHORE The company’s advanced lithium-ion battery-based solution, known as BlueVault™, is suited for both all-electric and hybrid energy-storage applications. BlueVault energy storage solutions are designed to help ensure continuity of power and to minimize carbon dioxide emissions, with an end goal of a low-emissions platform. INTECSEA LAUNCHES NEXT GENERATION FLOATER INTECSEA (WorleyParsons Group), an independent provider of engineering and project management services for full lifecycle asset management, has launched a range of low-motion (LM) floaters – the flagship LM-FPSO, the LM-FLNG and the LM-SEMI. Suitable for all water depths, the LM-FPSO transforms the economics of harsh, remote offshore fields with savings of $500m – $1.2bn LATEST RENEWABLE ENERGY AND OIL & GAS NEWS Offshore Source is your go-to resource for the latest renewable energy and oil & gas news. We provide relevant news and market data focused on the Offshore Energy Industry. NEW TRENDS ON THE GLOBAL MARKET OF LNG CARRIERS In the short- and medium-term, the global LNG shipping market is anticipated to be balanced due to the upcoming commissioning of new LNG carriers. At least 142 LNG carriers, ordered recently, are expected to come on line between 2021 and 2025. Out of the total number, 46 LNG carriers are to be commissioned in 2021 followed by 38carriers in 2022.
SUBSEA 7 NESP WINS OTC SPOTLIGHT ON NEW TECHNOLOGY® AWARD Subsea 7, a global leader in the delivery of offshore projects and services for the evolving energy industry, and Xodus Group, an autonomous subsidiary of Subsea 7, are to be recognized at the 2021 Offshore Technology Conference (OTC) in Houston with a Spotlight on New Technology® Award for Subsea 7 Nano Engineered Sensor Platform(Subsea 7 NESP).
NEW ANGOLA CONTRACT FOR SEADRILL JOINT VENTURE QUENGUELA Seadrill Limited has secured a new contract by Sonadrill Holding Ltd (“Sonadrill”), the 50:50 joint venture with an affiliate of Sonangol E.P. (“Sonangol”). Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the Sonangol Quenguela drillship. FRANCE TO BECOME EUROPE’S FOURTH-LARGEST OFFSHORE WIND France’s ambition to increase electricity production from renewable energy sources will make the country Europe’s fourth-largest offshore wind power producer in 2030, with 7.4 gigawatts (GW) of capacity in operation. The development is going full-steam ahead despite any potential cost or supply chain issues from Covid-19. GREENER SHIPPING WITH STATE-OF-THE-ART METHANOL-READY Greener Shipping with State-of-the-Art Methanol-Ready Vessel. Proman Stena Bulk Ltd has finalized an agreement to build an additional vessel under its joint venture partnership. The methanol-powered Stena Prosperous will join the Stena ProPatria and the Stena ProMare in the Proman Stena fleet in H2 2022. Each vessel will use 12,500 tonnes per P&O MARITIME LOGISTICS TO SUPPORT OFFSHORE WIND P&O Maritime Logistics will assist Taiwan’s wind development by providing three OSVs operating across different projects. The Topaz Installer, a cable-lay vessel, will be utilized in shore-to-sea and inter-field cable arrays for clients Subsea 7 and Van Oord until 2024. The end client is Ørsted Taiwan Limited, a leading offshore energy NOBLE ENERGY ANNOUNCES DISCOVERY AT TROUBADOUR IN GULF OF Noble Energy, Inc. (NYSE: NBL) has announced a discovery at the Troubadour exploration prospect in the Deepwater Gulf of Mexico.The well, located in Noble Energy's Big Bend/Troubadour "Rio Grande" area, is located in 7,273 feet of water on Mississippi Canyon Block 699 and was drilled to a total depth of 19,510 feet. SIEMENS’ BLUEVAULT™ ENERGY STORAGE SOLUTIONS FOR OFFSHORE The company’s advanced lithium-ion battery-based solution, known as BlueVault™, is suited for both all-electric and hybrid energy-storage applications. BlueVault energy storage solutions are designed to help ensure continuity of power and to minimize carbon dioxide emissions, with an end goal of a low-emissions platform. INTECSEA LAUNCHES NEXT GENERATION FLOATER INTECSEA (WorleyParsons Group), an independent provider of engineering and project management services for full lifecycle asset management, has launched a range of low-motion (LM) floaters – the flagship LM-FPSO, the LM-FLNG and the LM-SEMI. Suitable for all water depths, the LM-FPSO transforms the economics of harsh, remote offshore fields with savings of $500m – $1.2bn LATEST RENEWABLE ENERGY AND OIL & GAS NEWS Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated. ABB FUTURE-PROOFS SUSTAINABLE OPERATION OF MBARI’S NEW Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated. FUTUREON BRINGS NEW DIMENSION TO DIGITAL FIELD PLANNING FieldTwin Design 6.0, previously FieldAP, provides oil and gas, offshore renewables and emerging sectors with the muscle of unrivalled spatial representation, intuitive navigability and meaningful, data-rich intelligence from concept through to decommissioning. DS SMITH ANNOUNCES COMMITMENT TO SCIENCE BASED TARGET FOR DS Smith commits to science-based target by 2030, cutting CO2 emissions per ton of product by at least 40% The company is ahead of previous carbon reduction targets, achieving a 23% reduction in emissions per ton of product by the end of 2020 ATLANTA EXXONMOBIL ANNOUNCES NEW DISCOVERY AT LONGTAIL-3 OFFSHORE ExxonMobil says it has made a discovery at Longtail-3 in the Stabroek Block offshore Guyana. Drilling at Longtail-3 encountered 230 feet (70meters) of net pay.
ØRSTED JOINS NORWEGIAN OFFSHORE WIND CONSORTIUM The Norwegian part of the North Sea holds great potential for the development of large-scale offshore wind farms that can supply green energy to Norwegian industries and households, and potentially also to other countries in the North Sea through the offshore grid needed to enable the massive build-out of offshore wind across Europe towards2050.
ARGAN, INC. REPORTS FIRST QUARTER RESULTS ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced financial results for its first quarter ended April 30, 2021.For additional information, please read the Company’s Quarterly Report on Form 10-Q, which the Company intends to file today with the U.S. Securities and Exchange Commission(the “SEC”).
BUSINESS WIRE
Business Wire Posted On August 06, 2020 CenterPoint Energy Reports Q2 2020 Earnings of $0.11 Per Diluted Share; $0.21 Diluted EPS on a Guidance Basis, with $0.18 Diluted EPS from Utility Operations, Inclusive of $0.06 COVID-19 Impact, and $0.03 Diluted EPS from Midstream Investments KONGSBERG DIGITAL ADDS BUNKERPLANNER TO THE KOGNIFAI Designed to support ship operators in making optimal bunker purchasing decisions by helping to choose ports, volume and fuel grade for bunkering, BunkerPlanner by BunkerMetric can be used to minimize costs whilst taking relevant operational, commercial and ORION GROUP HOLDINGS, INC. ANNOUNCES SALE OF TAMPA HOUSTON--(BUSINESS WIRE)--Orion Group Holdings, Inc. (NYSE: ORN) (“Orion” or the 'Company') a leading specialty construction company, today announced the sale of its Tampa property located on West Tyson Avenue. Under its previously announced efforts LATEST RENEWABLE ENERGY AND OIL & GAS NEWS Offshore Source is your go-to resource for the latest renewable energy and oil & gas news. We provide relevant news and market data focused on the Offshore Energy Industry. NEW TRENDS ON THE GLOBAL MARKET OF LNG CARRIERS In the short- and medium-term, the global LNG shipping market is anticipated to be balanced due to the upcoming commissioning of new LNG carriers. At least 142 LNG carriers, ordered recently, are expected to come on line between 2021 and 2025. Out of the total number, 46 LNG carriers are to be commissioned in 2021 followed by 38carriers in 2022.
SUBSEA 7 NESP WINS OTC SPOTLIGHT ON NEW TECHNOLOGY® AWARD Subsea 7, a global leader in the delivery of offshore projects and services for the evolving energy industry, and Xodus Group, an autonomous subsidiary of Subsea 7, are to be recognized at the 2021 Offshore Technology Conference (OTC) in Houston with a Spotlight on New Technology® Award for Subsea 7 Nano Engineered Sensor Platform(Subsea 7 NESP).
NEW ANGOLA CONTRACT FOR SEADRILL JOINT VENTURE QUENGUELA Seadrill Limited has secured a new contract by Sonadrill Holding Ltd (“Sonadrill”), the 50:50 joint venture with an affiliate of Sonangol E.P. (“Sonangol”). Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the Sonangol Quenguela drillship. FRANCE TO BECOME EUROPE’S FOURTH-LARGEST OFFSHORE WIND France’s ambition to increase electricity production from renewable energy sources will make the country Europe’s fourth-largest offshore wind power producer in 2030, with 7.4 gigawatts (GW) of capacity in operation. The development is going full-steam ahead despite any potential cost or supply chain issues from Covid-19. GREENER SHIPPING WITH STATE-OF-THE-ART METHANOL-READY Greener Shipping with State-of-the-Art Methanol-Ready Vessel. Proman Stena Bulk Ltd has finalized an agreement to build an additional vessel under its joint venture partnership. The methanol-powered Stena Prosperous will join the Stena ProPatria and the Stena ProMare in the Proman Stena fleet in H2 2022. Each vessel will use 12,500 tonnes per P&O MARITIME LOGISTICS TO SUPPORT OFFSHORE WIND P&O Maritime Logistics will assist Taiwan’s wind development by providing three OSVs operating across different projects. The Topaz Installer, a cable-lay vessel, will be utilized in shore-to-sea and inter-field cable arrays for clients Subsea 7 and Van Oord until 2024. The end client is Ørsted Taiwan Limited, a leading offshore energy NOBLE ENERGY ANNOUNCES DISCOVERY AT TROUBADOUR IN GULF OF Noble Energy, Inc. (NYSE: NBL) has announced a discovery at the Troubadour exploration prospect in the Deepwater Gulf of Mexico.The well, located in Noble Energy's Big Bend/Troubadour "Rio Grande" area, is located in 7,273 feet of water on Mississippi Canyon Block 699 and was drilled to a total depth of 19,510 feet. WORLD'S FIRST EFFORT TO SUPPLY AMMONIA FUEL TO OCEANGOINGSEE MORE ONOFFSHORESOURCE.COM
SIEMENS’ BLUEVAULT™ ENERGY STORAGE SOLUTIONS FOR OFFSHORE The company’s advanced lithium-ion battery-based solution, known as BlueVault™, is suited for both all-electric and hybrid energy-storage applications. BlueVault energy storage solutions are designed to help ensure continuity of power and to minimize carbon dioxide emissions, with an end goal of a low-emissions platform. LATEST RENEWABLE ENERGY AND OIL & GAS NEWS Offshore Source is your go-to resource for the latest renewable energy and oil & gas news. We provide relevant news and market data focused on the Offshore Energy Industry. NEW TRENDS ON THE GLOBAL MARKET OF LNG CARRIERS In the short- and medium-term, the global LNG shipping market is anticipated to be balanced due to the upcoming commissioning of new LNG carriers. At least 142 LNG carriers, ordered recently, are expected to come on line between 2021 and 2025. Out of the total number, 46 LNG carriers are to be commissioned in 2021 followed by 38carriers in 2022.
SUBSEA 7 NESP WINS OTC SPOTLIGHT ON NEW TECHNOLOGY® AWARD Subsea 7, a global leader in the delivery of offshore projects and services for the evolving energy industry, and Xodus Group, an autonomous subsidiary of Subsea 7, are to be recognized at the 2021 Offshore Technology Conference (OTC) in Houston with a Spotlight on New Technology® Award for Subsea 7 Nano Engineered Sensor Platform(Subsea 7 NESP).
NEW ANGOLA CONTRACT FOR SEADRILL JOINT VENTURE QUENGUELA Seadrill Limited has secured a new contract by Sonadrill Holding Ltd (“Sonadrill”), the 50:50 joint venture with an affiliate of Sonangol E.P. (“Sonangol”). Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the Sonangol Quenguela drillship. FRANCE TO BECOME EUROPE’S FOURTH-LARGEST OFFSHORE WIND France’s ambition to increase electricity production from renewable energy sources will make the country Europe’s fourth-largest offshore wind power producer in 2030, with 7.4 gigawatts (GW) of capacity in operation. The development is going full-steam ahead despite any potential cost or supply chain issues from Covid-19. GREENER SHIPPING WITH STATE-OF-THE-ART METHANOL-READY Greener Shipping with State-of-the-Art Methanol-Ready Vessel. Proman Stena Bulk Ltd has finalized an agreement to build an additional vessel under its joint venture partnership. The methanol-powered Stena Prosperous will join the Stena ProPatria and the Stena ProMare in the Proman Stena fleet in H2 2022. Each vessel will use 12,500 tonnes per P&O MARITIME LOGISTICS TO SUPPORT OFFSHORE WIND P&O Maritime Logistics will assist Taiwan’s wind development by providing three OSVs operating across different projects. The Topaz Installer, a cable-lay vessel, will be utilized in shore-to-sea and inter-field cable arrays for clients Subsea 7 and Van Oord until 2024. The end client is Ørsted Taiwan Limited, a leading offshore energy NOBLE ENERGY ANNOUNCES DISCOVERY AT TROUBADOUR IN GULF OF Noble Energy, Inc. (NYSE: NBL) has announced a discovery at the Troubadour exploration prospect in the Deepwater Gulf of Mexico.The well, located in Noble Energy's Big Bend/Troubadour "Rio Grande" area, is located in 7,273 feet of water on Mississippi Canyon Block 699 and was drilled to a total depth of 19,510 feet. WORLD'S FIRST EFFORT TO SUPPLY AMMONIA FUEL TO OCEANGOINGSEE MORE ONOFFSHORESOURCE.COM
SIEMENS’ BLUEVAULT™ ENERGY STORAGE SOLUTIONS FOR OFFSHORE The company’s advanced lithium-ion battery-based solution, known as BlueVault™, is suited for both all-electric and hybrid energy-storage applications. BlueVault energy storage solutions are designed to help ensure continuity of power and to minimize carbon dioxide emissions, with an end goal of a low-emissions platform.COMPANY UPDATES
Fulkrum Technical Resources Strengthens Inspection Foothold in Brazil. Sonardyne’s updated Micro-Ranger 2 USBL system contains everything you need to track divers, ROVS and AUVs in a rugged case small enough to operate-anywhere, from anything. Photo by Tom Acton/Sonardyne. Company Updates. Posted On May 25, 2021. SEAMOR MARINE LAUNCHES SEA OTTER REEL SEAMOR Marine, a global leader in the manufacture of Inspection Class Remotely Operated Vehicles, is excited to announce the launch of theSea Otter 50
FLOATING OFFSHORE WIND BRIEF OUTLINES OPPORTUNITY FOR US The Brief comes on the heels of the Biden Administration’s recent announcement that the Department of Interior and the Department of Defense have reached an agreement to advance areas off California’s northern and central coasts for offshore wind development, which will require floating turbine technology. Although fixed-bottom offshore wind was pioneered in Europe, the U.S. now has the FUGRO SHARES TOP TIPS FOR OFFSHORE WIND FARM FOUNDATION Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated. DOI TO EXPLORE OFFSHORE WIND POTENTIAL IN GULF OF MEXICO “The Interior Department is committed to developing a robust and sustainable clean energy economy,” said Secretary Deb Haaland.“We know that offshore wind development has the potential to create tens of thousands of good-paying, union jobs across the nation.BUSINESS WIRE
Business Wire Posted On August 06, 2020 CenterPoint Energy Reports Q2 2020 Earnings of $0.11 Per Diluted Share; $0.21 Diluted EPS on a Guidance Basis, with $0.18 Diluted EPS from Utility Operations, Inclusive of $0.06 COVID-19 Impact, and $0.03 Diluted EPS from Midstream Investments ARGAN, INC. REPORTS FIRST QUARTER RESULTS ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced financial results for its first quarter ended April 30, 2021.For additional information, please read the Company’s Quarterly Report on Form 10-Q, which the Company intends to file today with the U.S. Securities and Exchange Commission(the “SEC”).
ORION GROUP HOLDINGS, INC. ANNOUNCES SALE OF TAMPA HOUSTON--(BUSINESS WIRE)--Orion Group Holdings, Inc. (NYSE: ORN) (“Orion” or the 'Company') a leading specialty construction company, today announced the sale of its Tampa property located on West Tyson Avenue. Under its previously announced efforts 174 POWER GLOBAL COMPLETES CONSTRUCTION OF 1,200-ACRE 174 Power Global Affiliate Chariot Energy Commits to Purchasing Nearly 20% of Oberon Output. HOUSTON--(BUSINESS WIRE)--174 Power Global today announced that it has completed and energized its Oberon Solar Power Facility (“Oberon”), one of the largest utility-scale solar generation facilities in Texas. AKER SOLUTIONS DELIVERS JOHAN SVERDRUP PLATFORM JACKET ON Previously, the company has delivered three platform jackets for phase 1. With this jacket for phase 2 of the project, four out of a total of five jackets have been built and delivered from Aker Solutions’ yardin Verdal, Norway.
LATEST RENEWABLE ENERGY AND OIL & GAS NEWS Offshore Source is your go-to resource for the latest renewable energy and oil & gas news. We provide relevant news and market data focused on the Offshore Energy Industry. NEW TRENDS ON THE GLOBAL MARKET OF LNG CARRIERS In the short- and medium-term, the global LNG shipping market is anticipated to be balanced due to the upcoming commissioning of new LNG carriers. At least 142 LNG carriers, ordered recently, are expected to come on line between 2021 and 2025. Out of the total number, 46 LNG carriers are to be commissioned in 2021 followed by 38carriers in 2022.
SUBSEA 7 NESP WINS OTC SPOTLIGHT ON NEW TECHNOLOGY® AWARD Subsea 7, a global leader in the delivery of offshore projects and services for the evolving energy industry, and Xodus Group, an autonomous subsidiary of Subsea 7, are to be recognized at the 2021 Offshore Technology Conference (OTC) in Houston with a Spotlight on New Technology® Award for Subsea 7 Nano Engineered Sensor Platform(Subsea 7 NESP).
NEW ANGOLA CONTRACT FOR SEADRILL JOINT VENTURE QUENGUELA Seadrill Limited has secured a new contract by Sonadrill Holding Ltd (“Sonadrill”), the 50:50 joint venture with an affiliate of Sonangol E.P. (“Sonangol”). Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the Sonangol Quenguela drillship. FRANCE TO BECOME EUROPE’S FOURTH-LARGEST OFFSHORE WIND France’s ambition to increase electricity production from renewable energy sources will make the country Europe’s fourth-largest offshore wind power producer in 2030, with 7.4 gigawatts (GW) of capacity in operation. The development is going full-steam ahead despite any potential cost or supply chain issues from Covid-19. GREENER SHIPPING WITH STATE-OF-THE-ART METHANOL-READY Greener Shipping with State-of-the-Art Methanol-Ready Vessel. Proman Stena Bulk Ltd has finalized an agreement to build an additional vessel under its joint venture partnership. The methanol-powered Stena Prosperous will join the Stena ProPatria and the Stena ProMare in the Proman Stena fleet in H2 2022. Each vessel will use 12,500 tonnes per P&O MARITIME LOGISTICS TO SUPPORT OFFSHORE WIND P&O Maritime Logistics will assist Taiwan’s wind development by providing three OSVs operating across different projects. The Topaz Installer, a cable-lay vessel, will be utilized in shore-to-sea and inter-field cable arrays for clients Subsea 7 and Van Oord until 2024. The end client is Ørsted Taiwan Limited, a leading offshore energy NOBLE ENERGY ANNOUNCES DISCOVERY AT TROUBADOUR IN GULF OF Noble Energy, Inc. (NYSE: NBL) has announced a discovery at the Troubadour exploration prospect in the Deepwater Gulf of Mexico.The well, located in Noble Energy's Big Bend/Troubadour "Rio Grande" area, is located in 7,273 feet of water on Mississippi Canyon Block 699 and was drilled to a total depth of 19,510 feet. WORLD'S FIRST EFFORT TO SUPPLY AMMONIA FUEL TO OCEANGOINGSEE MORE ONOFFSHORESOURCE.COM
SIEMENS’ BLUEVAULT™ ENERGY STORAGE SOLUTIONS FOR OFFSHORE The company’s advanced lithium-ion battery-based solution, known as BlueVault™, is suited for both all-electric and hybrid energy-storage applications. BlueVault energy storage solutions are designed to help ensure continuity of power and to minimize carbon dioxide emissions, with an end goal of a low-emissions platform. LATEST RENEWABLE ENERGY AND OIL & GAS NEWS Offshore Source is your go-to resource for the latest renewable energy and oil & gas news. We provide relevant news and market data focused on the Offshore Energy Industry. NEW TRENDS ON THE GLOBAL MARKET OF LNG CARRIERS In the short- and medium-term, the global LNG shipping market is anticipated to be balanced due to the upcoming commissioning of new LNG carriers. At least 142 LNG carriers, ordered recently, are expected to come on line between 2021 and 2025. Out of the total number, 46 LNG carriers are to be commissioned in 2021 followed by 38carriers in 2022.
SUBSEA 7 NESP WINS OTC SPOTLIGHT ON NEW TECHNOLOGY® AWARD Subsea 7, a global leader in the delivery of offshore projects and services for the evolving energy industry, and Xodus Group, an autonomous subsidiary of Subsea 7, are to be recognized at the 2021 Offshore Technology Conference (OTC) in Houston with a Spotlight on New Technology® Award for Subsea 7 Nano Engineered Sensor Platform(Subsea 7 NESP).
NEW ANGOLA CONTRACT FOR SEADRILL JOINT VENTURE QUENGUELA Seadrill Limited has secured a new contract by Sonadrill Holding Ltd (“Sonadrill”), the 50:50 joint venture with an affiliate of Sonangol E.P. (“Sonangol”). Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the Sonangol Quenguela drillship. FRANCE TO BECOME EUROPE’S FOURTH-LARGEST OFFSHORE WIND France’s ambition to increase electricity production from renewable energy sources will make the country Europe’s fourth-largest offshore wind power producer in 2030, with 7.4 gigawatts (GW) of capacity in operation. The development is going full-steam ahead despite any potential cost or supply chain issues from Covid-19. GREENER SHIPPING WITH STATE-OF-THE-ART METHANOL-READY Greener Shipping with State-of-the-Art Methanol-Ready Vessel. Proman Stena Bulk Ltd has finalized an agreement to build an additional vessel under its joint venture partnership. The methanol-powered Stena Prosperous will join the Stena ProPatria and the Stena ProMare in the Proman Stena fleet in H2 2022. Each vessel will use 12,500 tonnes per P&O MARITIME LOGISTICS TO SUPPORT OFFSHORE WIND P&O Maritime Logistics will assist Taiwan’s wind development by providing three OSVs operating across different projects. The Topaz Installer, a cable-lay vessel, will be utilized in shore-to-sea and inter-field cable arrays for clients Subsea 7 and Van Oord until 2024. The end client is Ørsted Taiwan Limited, a leading offshore energy NOBLE ENERGY ANNOUNCES DISCOVERY AT TROUBADOUR IN GULF OF Noble Energy, Inc. (NYSE: NBL) has announced a discovery at the Troubadour exploration prospect in the Deepwater Gulf of Mexico.The well, located in Noble Energy's Big Bend/Troubadour "Rio Grande" area, is located in 7,273 feet of water on Mississippi Canyon Block 699 and was drilled to a total depth of 19,510 feet. WORLD'S FIRST EFFORT TO SUPPLY AMMONIA FUEL TO OCEANGOINGSEE MORE ONOFFSHORESOURCE.COM
SIEMENS’ BLUEVAULT™ ENERGY STORAGE SOLUTIONS FOR OFFSHORE The company’s advanced lithium-ion battery-based solution, known as BlueVault™, is suited for both all-electric and hybrid energy-storage applications. BlueVault energy storage solutions are designed to help ensure continuity of power and to minimize carbon dioxide emissions, with an end goal of a low-emissions platform.COMPANY UPDATES
Fulkrum Technical Resources Strengthens Inspection Foothold in Brazil. Sonardyne’s updated Micro-Ranger 2 USBL system contains everything you need to track divers, ROVS and AUVs in a rugged case small enough to operate-anywhere, from anything. Photo by Tom Acton/Sonardyne. Company Updates. Posted On May 25, 2021. SEAMOR MARINE LAUNCHES SEA OTTER REEL SEAMOR Marine, a global leader in the manufacture of Inspection Class Remotely Operated Vehicles, is excited to announce the launch of theSea Otter 50
FLOATING OFFSHORE WIND BRIEF OUTLINES OPPORTUNITY FOR US The Brief comes on the heels of the Biden Administration’s recent announcement that the Department of Interior and the Department of Defense have reached an agreement to advance areas off California’s northern and central coasts for offshore wind development, which will require floating turbine technology. Although fixed-bottom offshore wind was pioneered in Europe, the U.S. now has the FUGRO SHARES TOP TIPS FOR OFFSHORE WIND FARM FOUNDATION Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector. Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated. DOI TO EXPLORE OFFSHORE WIND POTENTIAL IN GULF OF MEXICO “The Interior Department is committed to developing a robust and sustainable clean energy economy,” said Secretary Deb Haaland.“We know that offshore wind development has the potential to create tens of thousands of good-paying, union jobs across the nation.BUSINESS WIRE
Business Wire Posted On August 06, 2020 CenterPoint Energy Reports Q2 2020 Earnings of $0.11 Per Diluted Share; $0.21 Diluted EPS on a Guidance Basis, with $0.18 Diluted EPS from Utility Operations, Inclusive of $0.06 COVID-19 Impact, and $0.03 Diluted EPS from Midstream Investments ARGAN, INC. REPORTS FIRST QUARTER RESULTS ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced financial results for its first quarter ended April 30, 2021.For additional information, please read the Company’s Quarterly Report on Form 10-Q, which the Company intends to file today with the U.S. Securities and Exchange Commission(the “SEC”).
ORION GROUP HOLDINGS, INC. ANNOUNCES SALE OF TAMPA HOUSTON--(BUSINESS WIRE)--Orion Group Holdings, Inc. (NYSE: ORN) (“Orion” or the 'Company') a leading specialty construction company, today announced the sale of its Tampa property located on West Tyson Avenue. Under its previously announced efforts 174 POWER GLOBAL COMPLETES CONSTRUCTION OF 1,200-ACRE 174 Power Global Affiliate Chariot Energy Commits to Purchasing Nearly 20% of Oberon Output. HOUSTON--(BUSINESS WIRE)--174 Power Global today announced that it has completed and energized its Oberon Solar Power Facility (“Oberon”), one of the largest utility-scale solar generation facilities in Texas. AKER SOLUTIONS DELIVERS JOHAN SVERDRUP PLATFORM JACKET ON Previously, the company has delivered three platform jackets for phase 1. With this jacket for phase 2 of the project, four out of a total of five jackets have been built and delivered from Aker Solutions’ yardin Verdal, Norway.
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