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United States President Joe Biden stood by his decision to waive sanctions against the company at the helm of the German-Russian Nord Stream 2 gas pipeline project as he believes the move could have harmed connections with Europe.
Russian energy company Gazprom and its western partners are racing to build the pipeline to take Russian gas to Germany under the Baltic Sea, and hope to finish it this year. President Joe Biden believes the pipeline is a “bad deal” for Europe.
Nord Stream 2 has picked a ship to finish laying sections of its pipeline under the Baltic Sea, a German agency overseeing the work said, indicating the Russian company has found a way to get around U.S. sanctions that have halted the project.
New research published this week by RenewableUK shows that the total pipeline of global offshore wind projects has grown by 47% since January – despite the pandemic – making the sector the fastest growing one across all energy segments.
ACE Winches, a Balmoral Group company, has completed a shore-pull project for a 2.7km 30” gas sales export pipeline for the Karish gas development field in the south-east Mediterranean Sea, offshore Israel.
Four members of the dredging vessel Waymon L Boyd are missing after a fire and explosion near the Port of Corpus Christi, Texas, on Friday, causing the U.S. Coast Guard to close the port’s inner harbor, the agency said.