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Maritime News - page 32

 

EnBW Launched Green Bond

Oct 30, 2018

German utility EnBW Energie Baden-Württemberg AG  has launched its first green bond on the capital market, with an issue size of €500m ($570.8m), which was oversubscribed within hours, the energy company said in a press release.The bond issue…

Denbury to Acquire Penn Virginia for USD 1.7 bln

Oct 30, 2018

Texas-based Denbury Resources will acquire Houston-based upstream energy company focused on the Eagle Ford Shale Penn Virginia in a deal valued at $1.7 billion, including the assumption of debt.According to a press release, the deal is expected to close in the first quarter of 2019…

ConocoPhillips Tops Profit Estimates, Raises 2018 Spending

Oct 25, 2018

ConocoPhillips beat analysts' estimates for profit in the third quarter, as the world's largest independent oil and gas producer benefited from higher oil prices and a program of asset sales and technology-driven cost cuts.With oil prices rising steadily through the quarter…

Jacobs Sells ECR Division to WorleyParsons

Oct 25, 2018

Australia's WorleyParsons has entered into a binding agreement to acquire US contractor Jacobs Engineering's  Energy, Chemicals & Resources (ECR) division, a leading global technical services provider across Hydrocarbons, Chemicals and Mining & Minerals…

Renewables: Ingeteam Gets DNV GL Approval in India

Oct 23, 2018

Ingeteam, an independent global supplier of electrical conversion equipment, announced today that it received DNV GL’s “Shop Approval in Renewable Energy” certification for the wind converter manufacturing facility recently established by the company in the Tamil Nadu region…

Andy Richardson Joins as COO of SimecAtlantis Energy Limited

Oct 23, 2018

Simec Atlantis Energy  announced that it has appointed Mr. Andy Richardson into the role of Chief Operating Officer at Simec Atlantis Energy.A press release from the global developer, owner and operator of sustainable energy projects with a diversified portfolio of more than 1…

Neptune Energy Names Lumens CFO

Oct 22, 2018

Private equity backed oil and gas producer Neptune Energy on Monday named former Louis Dreyfus executive Armand Lumens as its chief financial officer. Lumens worked with Louis Dreyfus Co as its group chief financial officer for less than two…

Marco Ryan Plots a Digital, Connected Course for Wärtsilä

Oct 18, 2018

When talk turns to the digital revolution sweeping through the maritime industry, one need look no further than Wärtsilä, which has evolved from a shipbuilding company to an engine manufacturer, and is now embarked on a historic digital transformation led by Marco Ryan…

MEG Energy Rejects Husky's Bid

Oct 18, 2018

MEG Energy announced its Board of Directors has unanimously determined that Husky Energy's unsolicited bid to acquire MEG significantly undervalues the common shares of MEG and is NOT in the best interests of MEG or the holders of Common Shares…

Total, India's Adani Join Hands in LNG Sector

Oct 18, 2018

French energy major Total and Adani Group have signed an agreement to jointly develop multi energy offers to the Indian energy market. This cooperation includes Liquefied Natural Gas (LNG) and Fuel Retail.The Adani Group is an Indian private…

Novatek, Fluxys to Build German LNG Terminal

Oct 17, 2018

Russian gas producer Novatek and Belgium's Fluxys joint venture Rostock LNG GmbH has signed a Land Lease Agreement with the Port of Rostock with a view to building and operating a mid-scale liquefied natural gas (LNG) storage terminal in the port…

Siemens Gamesa Reshuffles Top Management

Oct 16, 2018

Wind turbine maker Siemens Gamesa announced a reshuffle of its top management on Tuesday, part of a bid to advance an ambitious cost-saving plan after a year-long board battle over issues ranging from suppliers to leadership.David Mesonero, currently managing director of corporate development…

Siemens Gamesa Reshuffles Top Management

Oct 16, 2018

Wind turbine maker Siemens Gamesa announced a reshuffle of its top management on Tuesday, part of a bid to advance an ambitious cost-saving plan after a year-long board battle over issues ranging from suppliers to leadership.David Mesonero, currently managing director of corporate development…

Borealis to Invest in Port of Antwerp

Oct 08, 2018

The Austrian petrochemical company Borealis has announced that it is to build a new production plant on its existing site in Kallo, in the Antwerp port area.According to a press release, the propane dehydrogenation (PDH) plant will use the very…

Neptune Energy Names Estensen Managing Director for Norway

Oct 05, 2018

Neptune Energy has appointed Odin Estensen as Managing Director of its Norwegian business, based in Stavanger.Estensen joins Neptune Energy from A/S Norske Shell, where he is currently the Norway Operated Asset Manager.With more than 28 years’ experience in the oil and gas sector…

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Shell In Talks to Sell Malaysia Fuel Stations to Saudi Aramco

Unique Group Acquires Subsea Innovation

Unique Group Acquires Subsea Innovation

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