The all-time high net length for low sulfur gasoil futures swaps on ICE this week was not necessarily a sign of strength in the market, but a byproduct of the instruments used to short products that are typically hedged in conjunction with ICE LSGO, sources said. The net length rose by 7,223 on the week …
ICE LSGO futures record high net length sign of product shorting: traders Read More »
The Board of Directors of Swedish wind power company SeaTwirl has appointed Peter Laurits, Vice Chairman of the Board, as the company’s new CEO, effective immediately. With Laurits now taking the helm, the interim CEO Peter Schou, who was heading the company during the spring, will work in parallel with the new CEO during a transition …
New figures released by the UK government show wave and tidal energy has the backing of 80 per cent of the public. The figures say that a consistently high percentage of people are backing the UK’s transition from fossil fuels to renewable energy. The latest Public Attitudes Tracker, published quarterly by the Department for Business, …
The world’s largest crane vessel, Sleipnir, has lifted Wintershall Dea’s Nova field topside module from the Rosenberg WorleyParsons yard in Stavanger, Norway. Neptune Energy, the partner in the Nova field, said via its social media channels on Friday that Sleipnir was sailing towards Neptune’s Gjøa platform in the North Sea where it would be installed. …
World’s largest crane vessel lifts Wintershall Dea’s Nova topside module Read More »
Forum Energy Technologies has recorded loss in the first quarter 2020 of $37 million, or 33 cents per diluted share, compared to loss of $8 million, or $7 cents per diluted share, for the prior-year comparable period. Sequentially, Forum widened its loss from $11 cents per diluted share, with revenue decrease of $17 million. For …
Dutch Minister of Economic Affairs and Climate, Eric Wiebes, has agreed on drafting a Roadmap to Marine Energy in 2020. This follows a positive outcome of the position paper “Energy from Water”, set up by Dutch Marine Energy Centre (DMEC) and Energie uit Water (EWA). DMEC and EWA elaborated on the importance and potential of …
With another 1,000 workers laid off earlier this week, giant oilfield services provider Halliburton has decreased its workforce by around 5,000 since the oil price collapse. According to a report by the Houston Chronicle, Halliburton laid off around 1,000 employees at its headquarters earlier this week as low crude prices take their toll on the …
Halliburton cuts another 1,000 jobs. Workforce down by 5,000 Read More »
A consortium led by Dominion Energy is developing a Jones Act compliant installation vessel for the U.S. offshore wind sector. Funded by the consortium, the vessel is set to enter service in 2023 and operate on offshore wind projects located off the East Coast. According to the company, it will be equipped to handle all …
First Jones Act compliant offshore wind installation vessel coming in 2023 Read More »
La política que en el presente documento se indica, tiene por objeto informar a los usuarios de MundoMaritimo sobre el proceder de nuestra empresa respecto del tratamiento de los datos de carácter personal recogidos a través de nuestros portales. 1 | Recolección: Cuando Usted requiere los servicios de MundoMaritimo, se recoge información personal como su …
La política que en el presente documento se indica, tiene por objeto informar a los usuarios de MundoMaritimo sobre el proceder de nuestra empresa respecto del tratamiento de los datos de carácter personal recogidos a través de nuestros portales. 1 | Recolección: Cuando Usted requiere los servicios de MundoMaritimo, se recoge información personal como su …
