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Renewables
Iberdrola makes $2.5bn offer to take full control of US subsidiary Avangrid
Spanish electric utility company Iberdrola has launched an offer to acquire the remaining stake in its US subsidiary Avangrid. Avangrid…
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Offshore
Exxon lining up counteroffer for Hess’ Guyana assets
US oil company Hess is reviewing the timeline for the closing of a takeover deal by Chevron after compatriot oil…
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Offshore
UK extends oil and gas windfall tax until 2029
The government of the UK has decided to extend the windfall tax on oil and gas firms by an additional…
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Offshore
Larsen & Toubro bags ONGC order for offshore project
The hydrocarbon business of Indian engineering conglomerate Larsen & Toubro (L&T) has secured an order from compatriot state-owned Oil &…
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Renewables
UK government supports offshore wind auction with $1bn
The UK government has announced over £1bn ($1.27bn) in support of the upcoming renewables tender, with the largest slice of…
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Dry Cargo
First casualties feared in Red Sea shipping crisis as crew abandon missile-struck bulker
The Barbados-flagged, 50,448 dwt bulker was damaged in a missile attack off Yemen with several crew members missing. According to…
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Renewables
Australia’s third offshore wind zone much smaller than expected
The federal government of Australia has declared an area in the Southern Ocean off Victoria as the country’s third offshore…
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Renewables
Ramboll to assist with Adriatic Sea renewable energy hub development
Italian development company Agnes has appointed Denmark’s Ramboll to deliver advisory and technical support for the Agnes Romagna Energy Hub…
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Offshore
MOL charters cargo transfer vessel, enters newbuild negotiations with Petrobras
SeaLoading Holding, a Mitsui O.S.K. Lines (MOL) subsidiary owning and operating cargo transfer vessels (CTVs), has signed a charter contract…
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Offshore
Inpex taps Fugro for Abadi LNG marine survey deal
Japanese oil and gas major Inpex has awarded Fugro a marine survey contract for the Abadi liquefied natural gas (LNG)…
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Renewables
World’s largest floating solar project to become part of OranjeWind
The Nautical Sunrise consortium partners are looking to create the world’s largest offshore floating solar (OFS) power installation offshore the…
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Offshore
Floatel secures more options for Equinor-bound vessel
Oslo-based accommodation vessel specialist Floatel has secured an optional contract with energy major Equinor for accommodation and support services at…
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Dry Cargo
Diana Shipping charters out ice-class panamax to Louis Dreyfus
New York-listed Greek bulker owner Diana Shipping has entered into a time charter contract with Louis Dreyfus Company Freight for…
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Finance and Insurance
US investor raises another obstacle for CMB’s takeover of Euronav
Funds managed by FourWorld Capital Management have filed another complaint regarding Compagnie Maritime Belge’s (CMB) offer to purchase all outstanding…
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Finance and Insurance
Kyiv fixes insurance for more Black Sea cargoes
Insurance broker Marsh McLennan and Lloyd’s of London underwriters have expanded the Ukraine-backed marine war insurance programme from just grain…
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Tankers
Joint investigation points to identity of tug owner involved in Tobago oil spill
In the hunt to find the owners of a tug and a barge responsible for one of the Caribbean’s worst…
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Operations
Bahijah livestock carrier cleared to re-export unloaded animals to Israel via Cape of Good Hope
After a little over two weeks since 16,000 sheep and cattle were unloaded from the livestock carrier, Australia’s Department of…
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Renewables
Trio looking to develop hybrid wind-solar project offshore Italy
Offshore floating photovoltaic (OFPV) specialist SolarDuck, Italian asset manager Green Arrow Capital, and compatriot developer New Developments have agreed to…
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Offshore
Simon Møkster agrees to PSV extension with Equinor
Norwegian shipowner Simon Møkster Shipping has agreed to extend the charter of one of its platform supply vessels (PSV) with…
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Containers
CMA CGM wraps up $5.2bn Bolloré Logistics acquisition
French liner CMA CGM has completed the acquisition of family-run conglomerate Bolloré Logistics for €4.85bn ($5.25bn). The Bolloré Group said…
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