World's Largest Offshore Facility to Open, Spending Cut Fears

Monday, September 13, 2010

According to a September 12 report from www.guardian.co.uk, the world's largest offshore windfarm, which cost over $1,155m to build, is poised to open off the coast of Kent, with 100 turbines producing enough electricity to supply heat and light for 200,000 homes. But industry experts claim that the wider green revolution needed to meet EU renewable and climate change targets imposed by the European Union is still in danger from proposed spending cuts.

(Source: www.guardian.co.uk)


Offshore

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Onshore Spending on the Cusp of Recovery?

DW’s recently released quarterly World Oilfield Services Market Forecast (OFS) and World Oilfield Equipment Market Forecast (OFE) continue to suggest 2016 will

US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0779 sec (13 req/sec)