ABB entered into an agreement to acquire marine automation specialist Høglund AS, headquartered in Tønsberg, Norway. The acquisition is aiming to complement ABB’s existing automation offering to marine customers and support further growth in markets ac…
To Expand Automation Offering, ABB to Acquire Høglund Read More »
Orient Cable (NBO) has installed the subsea cable for China Three Gorges (CTG) Corporation’s […]
The post Orient Cable installs ‘China’s first’ 66 kV dynamic line for floating wind appeared first on Offshore Energy.
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Fewer vessels transited the Strait of Hormuz on Friday than earlier this week, hours after a Taiwanese-operated ship was fired on by Iran, ship tracking data showed.Maritime and Port Authority of Singapore (MPA) Confirms EVER Lovely DamageThe…
Traffic through Strait of Hormuz Slows After Vessel Attack Read More »
Crude prices plunged by more than 3% on Friday, on course for steep weekly losses, on easing supply concerns as more stranded oil tankers exited the Strait of Hormuz, even though a cargo vessel was hit near Oman on Thursday.Brent crude futures fell $2….
As Strait of Hormuz Opens, Oil Falls Read More »
Oslo Stock Exchange-listed oil services company Archer is involved in negotiations to secure a multi-year plug and abandonment (P&A) assignment.
The post Archer in talks to cinch large plug & abandonment deal appeared first on Offshore Energy.
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