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gCaptain: Contract Signed for First Classed Offshore Wind Vessel in US by DNV GL

Category: Business News

Classification DNV GL on Wednesday announced it has been awarded a contract to class a purpose-built offshore wind vessel built in the United States. The contract was awarded by WindServe Marine, LLC covering for offshore Crew Transfer Vessel for Ørsted North America. The contract covers the construction of the vessel, which will be the first […]

Source: gCaptain

Published: May 8, 2019


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World Oil: ExxonMobil to invest up to $100 million on lower-emissions R&D with U.S. national labs

Category: Business News

IRVING — ExxonMobil has said it will invest up to $100 million over 10 years to research and develop advanced lower-emissions technologies with the U.S. Department of Energy’s National Renewable Energy Laboratory and National Energy Technology Laboratory.  The agreement – among the largest between the department’s laboratories and the private sector – will support research […]

Source: World Oil

Published: May 8, 2019


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World Oil: The future is in the north, according to the Norwegian Petroleum Directorate

Category: Business News

STAVANGER — Our estimates indicate that more than half of the oil and gas that has not yet been discovered is located in the Barents Sea. The rest is distributed between the Norwegian Sea and the North Sea. The opportunities are greatest in the Barents Sea, where vast areas have not yet been explored.  The […]

Source: World Oil

Published: May 8, 2019


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Press Release: Raytheon providing US Marines With Naval Strike Missile Produced in Partnership with Kongsberg

Category: Business News

Raytheon Company announced today that they will integrate the Naval Strike Missile (NSM) into the US Marine Corps existing force structure under a $47.59 million Other Transaction Authority agreement with Marine Corps Systems Command. A USMC NSM supports the 2018 National Defense Strategy and Commandant of the Marine Corps modernization efforts. NSM is a long-range, […]

Source: Kongsberg

Published: May 7, 2019


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Bloomberg: NASA Says Metals Fraud Caused $700 Million Satellite Failure

Category: Business News

A metals manufacturer faked test results and provided faulty materials to NASA, causing more than $700 million in losses and two failed satellite launch missions, according to an investigation by the U.S. space agency. The fraud involved an Oregon company called Sapa Profiles Inc., which falsified thousands of certifications for aluminum parts over 19 years […]

Source: Bloomberg

Published: May 1, 2019


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