Latest News for: Offshore managers


Hanwha Ocean expands offshore construction presence

Korea Times 19 Apr 2024
Based on its ability to build offshore wind turbine installation vessels (WTIVs), Hanwha Ocean expects the acquisition to help improve its capabilities in basic design and comprehensive project management related to offshore wind farms.

Cash and offshore are king to PSG as it weathers storm

Business Day 18 Apr 2024
... as PSG Konsult, reported double-digit growth in assets under management in the year to end-December, bolstered by cash and offshore exposure, which helped it weather the low-growth SA environment.

Carnelian AMC plans $250 mn offshore fund from GIFT City, says founder Khemani

Business Line 18 Apr 2024
Carnelian Asset Management and Advisors plans to float a $250 million offshore fund from GIFT City in Gujarat to tap offshore clients who are keen to invest and ride on India’s exponential growth ...

Petrofac bags $350m services deal in Equatorial Guinea

Splash24/7 18 Apr 2024
Offshore engineering specialist Petrofac has been awarded a technical services contract by Equatorial Guinea’s national oil company GEPetrol to support operations on the region’s offshore Block B.

BP cuts down leadership team to ten members

Offshore Technology 18 Apr 2024
BP begins oil production from key field offshore Azerbaijan UAE oil giant ADNOC considered purchasing bp ... Tick here to opt out of curated industry news, reports, and event updates from Offshore Technology.

Tether Splits Into Four Divisions, Eyes Expansion Beyond Stablecoins

Bitcoinist 18 Apr 2024
Paolo Ardoino, CEO, emphasized the strategic pivot ... Besides USDT, the company also manages a variety of other stablecoins, such as the Euro-denominated EURT (EURT), the offshore Chinese Yuan (CNH₮), the gold-backed Tether Gold (XAU₮), among others ... .

First U.S. utility-scale offshore wind farm begins operations off the coast of Rhode Island

The Brown Daily Herald 17 Apr 2024
This project followed the construction of Rhode Island’s Block Island Wind Farm, which became operational in 2016 and was the first offshore wind farm in the United States ... Department of the Interior's Bureau of Ocean Energy Management.

‘Code grey’ alert, sandbags as flood barriers: How UAE hospitals kept running in heavy rain

Khaleejtimes 17 Apr 2024
Onshore, offshore sites secured. Response Plus Medical, a leading pre-hospital care and emergency medical services provider in the UAE, had proactive management for onshore and offshore services.

Searsport officials try to avoid sides in wind port location debate

Bangor Daily News 17 Apr 2024
And Town Manager James Gillway, who co-chaired the state’s Offshore Wind Port Advisory Group, said the town has no legal ability to influence where the state, which owns Sears Island, chooses to pursue the terminal.

Many SA living annuities no longer have unlimited offshore exposure

Moneyweb 17 Apr 2024
Investment companies may not invest more than 45% of their assets under management offshore ... .

Office space demand up 25% in Q1

The Manila Times 17 Apr 2024
He said that there was sustained take-up in demand from traditional companies, particularly government agencies, alongside the information technology-business process management (IT-BPM) sector.

First US Cable Layer Planned to Fill Gap in Offshore Wind Sector Capability

The Maritime Executive 16 Apr 2024
offshore wind energy sector, a startup called Kalypso Offshore Energy announced plans to build the first U.S ... soil dedicated to offshore wind,” said Colin Smith, Managing Director of Kalypso who joined the company from DEME.

MOL signs deal for Japan's first offshore wind transport ship

The Manila Times 16 Apr 2024
Lines (MOL) announced a major investment in Japan's offshore wind sector ... The vessel will be the first in Japan to serve the growing demand for offshore wind farm development ... will operate the vessel under the management of MOL Drybulk.