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A list of search results
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Business & Finance, Equipment, Technology
The 20th edition of the World Dredging Congress and Exhibition, also known as WODCON, took place on 3-7 June 2013 at the Square – Brussels Meeting Center in Brussels, Belgium. It was organised by CEDA one of the constituent associations of the World Organisation of Dredging Associations, WODA. During 4 days delegates could meet with […]
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Business & Finance, Equipment, Technology
The International Association of Dredging Companies (IADC), exclusively for Dredging Today, looks back at 2014 and forward to 2015 when it will celebrate its 50th anniversary. IADC is the global umbrella organisation for contractors in the private dredging industry. As such IADC is dedicated to not only promoting the skills, integrity and reliability of its […]
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BP has approved a major expansion at the Atlantis field in the U.S. Gulf of Mexico and has also identified significant additional oil resources that could create further development opportunities around the production hubs it operates in the region.
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Business & Finance, Equipment, Operations & Maintenance, Research & Development
BP said it has approved a major expansion at the Atlantis field in the U.S. Gulf of Mexico and has also identified significant additional oil resources that could create further development opportunities around the production hubs it operates in the region. The $1.3 billion Atlantis Phase 3 development is the latest example BP’s strategy of […]
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Dana Petroleum, the independent oil and gas exploration and production company focused on growth through international exploration and the development of production in the North Sea and Egypt, reports its interim results for the first half of 2010. HIGHLIGHTS Strong Financial Performance * Total income for half year of £266.9 million, comprising revenue of £185.7 […]
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Innovation and research, two words that are extremely important to the Dutch maritime industry. The Dutch are famous for their innovations and to stay a frontrunner, they work hard to make their products and methods even more efficient, sustainable or better adapted, as individual companies as well as in joint projects between companies, knowledge institutes […]
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Oil major BP sank to a first-quarter loss of $583 million, compared with a profit of $2.6 billion a year ago, less than two weeks after its shareholders voted against the hefty salary package for the oil giant’s chief executive. Back in February 2016, BP reported its worst annual loss in at least 20 years as the British […]
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GE announced today strong fourth-quarter 2010 earnings from continuing operations (attributable to GE) of $3.9 billion, or $0.36 per share, up 33% from the fourth quarter of 2009. Revenues grew to $41.4 billion for the quarter, the company’s first positive growth in nine quarters. “GE ended 2010 with three consecutive quarters of strong earnings growth,” […]
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Philippe de Villiers, President of the Vendée Council and organiser of the Vendée Globe presented the line-up for the 2008-2009 Vendée Globe at a conference in La Roche sur Yon in Western France on 2 July. The thirty places planned in the notice of race have now been filled and all 30 will be lining […]
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”The process of containerisation is still continuing”, managing director Ben Maelissa of Danser Group notes. ”All kinds of cargo of which shipping in containers would have been unthinkable a decade ago, nowadays gets transported this way, even cargo types that are typical bulk or general cargo.” ”The advantage of container transport is of course the […]
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Business & Finance, Exploration & Production
Canadian Overseas Petroleum Limited (COPL) has said it is in advanced talks with financiers and suppliers of an early production system for its Nigerian offshore block development. It is also raising cash via share placing for working capital.
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British oil giant BP today reported its results for first quarter of 2015. Underlying replacement cost profit for the quarter was $2.6 billion compared with $3.2 billion for the same period in 2014 and $2.2 billion for the fourth quarter of 2014. Underlying replacement cost profit is adjusted for non-operating items and fair value accounting […]
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In the previous article we spoke about the importance of accurate wind measurement for an optimum wind farm design. But also underwater there are elements that need to be taken into consideration when designing the foundation and cable structures for each wind turbine. Waves and currents can cause erosion of the seabed around a fixed […]
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Anzali Port is a harbour town, near Rasht, on Iran’s Caspian Sea coast. (“Bandar” literally means “port.”) It is one of the most important seaports in northern Iran. It consists of an island called Mianposhteh and its surrounding lands. Tourist attractions include a clock tower called Manareh, the long harbour promenade, and the water-logged delta […]
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Captain Seog Hae-gyun of the Republic of Korea, Master of the chemical tanker Samho Jewelry, has been presented with the International Maritime Organization (IMO) Award for Exceptional Bravery at Sea 2011, for his decisive, brave and courageous actions to protect his ship and crew during a vicious pirate attack in the Indian Ocean, which left […]
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Even though the current investment programme 2008-2011, which amounts to EUR 1 billion, is still being implemented, the DEME Group is already commencing a new series of investments which will see 3 new units on the market by mid-2012. An amount of EUR 260 million has been allocated for these new investments. Including these new […]
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Business & Finance, Exploration & Production
Transocean and Ocean Rig have entered into a definitive merger agreement under which Transocean will acquire Ocean Rig.
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Business & Finance, Equipment, Technology
The U.S. President Obama’s Budget for fiscal year 2015 (FY15) included $4.561 billion in gross discretionary funding for the Civil Works program of the U.S. Army Corps of Engineers (USACE), which is offset in part by a proposal to cancel $28 million in unobligated carryover of funds previously appropriated. “The fiscal 2015 Civil Works budget […]
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“The land comes to a premium, whereas offshore, there is plenty of room. However, we should treat the sea with care to make sure it doesn’t come to a premium in the future as well”, states Chris Karman, manager business development at IMARES (Institute for Marine Resources and Ecosystem Studies). IMARES is part of Wageningen […]
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Business & Finance, Operations & Maintenance
Schlumberger Limited reported third-quarter 2011 revenue of $10.23 billion versus $9.62 billion in the second quarter of 2011, and $6.85 billion in the third quarter of 2010. Income from continuing operations attributable to Schlumberger, excluding charges and credits, was $1.32 billion—an increase of 12% sequentially and 51% year-on-year. Diluted earnings-per-share from continuing operations, excluding charges […]
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Dana Petroleum plc announced that the Company (through its subsidiary Dana Petroleum (E&P) Limited) has entered into an agreement to acquire the entire issued share capital of Petro Canada Netherlands BV from Petro Canada (International) Holdings B.V, a wholly owned subsidiary of Suncor Energy Inc. for an estimated net cash consideration of approximately €328 million1 […]
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The President’s Budget for fiscal year 2013 (FY13) includes $4.731 billion in discretionary funding for the Civil Works program of the U.S. Army Corps of Engineers (USACE). The Honorable Jo-Ellen Darcy, Assistant Secretary of the Army for Civil Works, said, “The fiscal 2013 Civil Works budget for the U.S. Army Corps of Engineers reflects […]
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StatoilHydro ASA (OSE: STL, NYSE:STO) second quarter 2008 result was influenced by high production and high prices. Net income in the second quarter of 2008 amounted to NOK 18.9 billion, up 36% compared to NOK 13.9 billion in the second quarter of 2007. Net income in the first half of 2008 amounted to NOK 35.0 […]
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Business & Finance, Equipment, Operations & Maintenance, Project & Tenders
BP has ordered approximately 100 km of static umbilicals and associated accessories from Nexans for the next stage of the West Nile Delta project. This contract should help BP, and partner DEA (Deutsche Erdoel AG), develop the Giza, Fayoum and Raven gas condensate fields and for future discovered and undiscovered resources in the BP and DEA […]
