A Biden administration auction of Gulf of Mexico drilling rights raised $382 million on Wednesday as oil companies claimed offshore acreage for what is set to be the last time until 2025.The auction total was the highest of any federal offshore oil and gas lease sale since 2015, according to a Reuters tally.
Marine construction contractor Red7Marine has supported subsea solutions specialist N-Sea Group in a critical export cable repair project for the 576 MW Gwynt y Môr offshore wind farm in the Irish Sea.With complete delivery of two jack-up barges, supporting tugs, a 220t telescopic crawler crane, accommodation and catering service
On August 8, BLRT Repair Yards' Tallinn Shipyard in Estonia on Thursday commissioned a new floating dry dock, enabling it to maintain, repair and modernize larger vessels.Built to accommodate Handysize vessels, ranging from tankers to passenger ships, the new floating dock measures 180 meters in length, 30 meters in width, and has a lifting capacity of 10,000 tons.