Search results for: race bank

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  • Solential Energy shakes hands with Indiana utility for floating solar plant

    20 April 2023
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Outlook & Strategy, Regulation & Policy, Technology, Transition

    US-based renewable energy developer Solential Energy has announced partnership with Fort Wayne City Utilities for the development of first floating solar array in the American Midwest.

  • UK firm seeking partner for ‘one of North Sea’s largest undeveloped oil projects’

    1 August 2022
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    Parkmead has launched a farm-out process to find a partner for the development of an oil project in the North Sea.

  • USA: Manson Construction Becomes 100 Pct Employee Owned

    5 July 2012
    Business & Finance

    Manson Construction Co. of Seattle announced the sale of the Company to an Employee Stock Ownership Plan (ESOP) owned S-Corp. Verit Advisors, a Chicago-based investment banking firm, was engaged by Manson and its shareholders to provide expertise in structuring a solution that optimized the company’s and shareholders’ objectives. In 1905, Peter Manson began Manson Construction […]

  • APM Terminals Finalizes Cartagena Joint Venture

    21 January 2016
    Business & Finance

    APM Terminals and Compañia de Puertos Asociados S.A. (Compas S.A.) have finalized the incorporation of Cartagena Container Terminal Operator (CCTO), a new joint venture which will manage and operate Compas S.A.’s existing multipurpose facility in Cartagena, Colombia. APM Terminals will hold a 51% majority share in the operation, which includes annual throughput capacities of 250,000 […]

  • Hyundai Mipo Dockyard hands over 1st of four new bulkers to Bahri

    15 May 2020
    Vessels

    Hyundai Vietnam Shipbuilding (HVS), a subsidiary of Hyundai Mipo Dockyard Co. Ltd. (HMD), has delivered a new dry-bulk carrier to the national shipping carrier of Saudi Arabia Bahri. The bulk carrier, named Sara, increases the company’s fleet of dry-bulk carriers to six ships in line with its efforts to expand its marine capabilities. The ship […]

  • Dewberry to Support Dredge Material Reuse Plan

    5 April 2016
    Business & Finance

    Dewberry, a Fairfax-headquartered engineering service company, has just announced that they will support dredge material reuse plan as part of a coastal Mississippi restoration project. Under the contract, Dewberry will provide master planning services to the Mississippi Department of Environmental Quality (MDEQ) to create or restore marsh habitat within the St. Louis Bay, Back Bay Biloxi and […]

  • Maersk rig gets early termination from Dana

    15 January 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Offshore drilling contractor Maersk Drilling has received notice of early termination for convenience of a one-well contract with Dana Petroleum in Denmark.

  • Japanese contractor secures more rig work in Indonesia

    5 November 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Japanese offshore drilling contractor Japan Drilling Company (JDC) has been awarded a new drilling contract by Pertamina for operations offshore Indonesia.

  • Total delays North Sea gig for Prosafe’s accommodation rig

    17 April 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Offshore accommodation specialist Prosafe and oil major Total have agreed to delay Total’s 2020 North Sea campaign, which was supposed to use Prosafe’s Safe Caledonia flotel.

  • World’s largest wooden sailing ship tests biodiesel to cut CO2 emissions

    1 September 2021
    Vessels

    The world’s largest wooden oceangoing sailing ship, Götheborg, is testing RME biodiesel made from rapeseed oil instead of marine diesel to reduce carbon footprint.

  • Noble rig hired to drill two wells near Dorado

    3 March 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Santos has hired the Noble Corporation-owned Noble Tom Prosser jack-up drilling rig to drill two exploration wells offshore Australia.

  • BOEM proposes 78.8 million-acre Gulf of Mexico lease sale

    17 July 2020
    Authorities & Government, Regulation & Policy

    The U.S. Bureau of Ocean Energy Management (BOEM) will offer over 78 million acres for a region-wide lease sale scheduled for November 2020.

  • Storylines, Brodosplit pen construction contract for world’s 1st LNG-powered residential ship

    24 August 2022
    Green Marine, Vessels

    Miami-based Storylines residential ships and Brodosplit shipyard in Split, Croatia, have signed a construction contract to build the world’s first private residence ship that will be powered by LNG. Brodosplit, part of the DIV Group, has commenced the engineering phase of the 753-foot (229 meters) passenger vessel, to be named MV Narrative. The ship will have 547 private residences […]

  • New Report: Enough Port Capacity Until 2017 (Australia)

    4 November 2013
    Business & Finance

    A new report by the Centre for Policy Development finds that Queensland has enough coal port capacity until at least 2017, with further capacity unlikely to be necessary until 2020 at the earliest. As the mining investment boom wanes, ‘Too many ports in a storm’ finds Queensland’s port capacity has already shifted from a shortfall […]

  • DSME wins LNG carrier order, poised to meet 2022 target

    22 August 2022
    Green Marine, Vessels

    South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has won an order to build an LNG carrier. The order, worth KRW 311 billion ($201 million), was secured by an undisclosed Asian shipowner. The 174,000 cum LNG carrier is set for delivery by the end of September 2026, according to a stock exchange filing from […]

  • Titan performs gas-up and cool-down for NYK Line’s LNG carrier

    4 April 2023
    Business Developments & Projects, Green Marine, Operations & Maintenance, Vessels

    Low and zero-emission fuels supplier Titan has completed gas-up and cool-down service for an LNG carrier owned by Japanese shipping company NYK Line. Specifically, Titan performed gas-up and cool-down of one of the tanks on NYK’s LNG carrier Grace Emilia. The vessel was built in 2021 by Hyundai Samho Heavy Industries Co. and it has […]

  • Tracerco to inspect subsea pipelines in Gulf of Mexico

    18 August 2021
    Business Developments & Projects, Project & Tenders

    Tracerco has secured three contracts to perform subsea pipeline inspection for an undisclosed client in the Gulf of Mexico.

  • EPA Orders Removal of Contaminated Sediment

    21 May 2015
    Business & Finance

    Environment Protection Authority Victoria (EPA) has issued Melbourne Water Corporation a notice requiring it remove a sediment stockpile at Thomas Street, Yarraville, after it was found to contain traces of asbestos last November. The sediment, which must be removed by early August, was dredged from Stony Creek as part of the water corporation’s routine maintenance […]

  • Conde Assumes Command of USACE New England

    21 July 2017
    Business & Finance

    In a Change of Command ceremony earlier this week in Boston, Mass., District Commander Col. Christopher J. Barron passed the command flag, signifying change of command authority of the U.S. Army Corps of Engineers in New England, to new District Commander Col. William M. Conde. Presiding over the ceremony was Maj. Gen. Kent Savre, Commanding General at Fort Leonard Wood, Missouri, […]

  • West Beach Project in Full Swing

    4 July 2019
    Business & Finance, Project & Tenders

    The Dorset Coast Forum has just released the latest update on the multi-million pound sea defense project at West Bay, West Dorset. According to the update, the works are progressing ahead of schedule with the East Beach being now fully open. The contractor’s compound will remain at East Beach car park until w/e 26 July […]

  • Ultra Deep Solutions Gears for DSCV Matisse Launch in April

    15 March 2019
    Business & Finance

    Ultra Deep Solutions (UDS) said that its new diving support construction vessel (DSCV) Matisse is set to be launched in China on April 11, 2019. The Matisse is an MT 6027 design, and with 145 meters in length and a beam of 27 meters will be the largest ship in UDS fleet fit to accommodate […]

  • Malaysia: More Jobs for Hock Seng Lee in 2013

    14 January 2013

    Hock Seng Lee (HSL) Bhd would be able to get ports dredging works, waste water management, flood mitigation, rural road works and other infrastructure projects on the back of the execution of the Sarawak Corridor of Renewable Energy (SCORE), said Kenanga Research. “Over the years, HSL has transformed vast acres of uninhabitable swamp land into […]

  • ML Dredging to Complete Phase 2 of the Bucklers Hard Marina Project

    12 December 2019
    Business & Finance, Vessels

    ML Dredging are back on the Beaulieu River for the dredging phase 2 of the £2 million re-development at Bucklers Hard Marina. The Marina is close to the historical 18th century UK shipbuilding site at Bucklers Hard and the new investment is seen as securing the future of the marina over the next 25 years […]

  • OSIL Launches Box Corer T-Bar System

    1 October 2019
    Business & Finance, Equipment

    A sophisticated T-bar mini-penetrometer for exclusive in-field seabed strength profiling of box core samples is now available from environmental monitoring experts Ocean Scientific International Ltd (OSIL). The T-bar penetrometer measures the resistance of sediment to continuous penetration at a slow steady rate using a cylindrical rod (T-bar) at the end of a perpendicular push rod […]

  • Gas investments worth $245 billion across Africa in risk of becoming stranded assets

    3 January 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    Planned investments in gas infrastructure amounting to $245 billion across Africa, are in danger of turning into stranded assets.