Jack-up operator Gulf Marine Services expects to be “in breach of certain banking covenants” at the end of 2018 due to a delay in signing recently awarded contracts.
Simec Atlantis Energy has redeployed a pair of tidal turbines following modifications at its 6MW MeyGen array in the Pentland Firth off northern Scotland
Equinor and Ocean Installer have signed a contract that covers the FPSO mooring installation, tow out and hook-up of the Johan Castberg FPSO in the Barents Sea.
While the maritime industry tries to keep up with the new technological trends, it becomes reliant on cyber systems and connectivity of Operational Technology with Information Technology