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  • Glatfelter Shoulders $20.5M Fox River Settlement

    6 February 2019
    Business & Finance

    P.H. Glatfelter Company has agreed to pay $20.5 million to reimburse past U.S. Environmental Protection Agency (EPA) costs to clean up PCBs in the Fox River. Glatfelter is also agreeing to take on responsibility for long-term monitoring and maintenance activities required by EPA. Georgia-Pacific Consumer Products LP is joining this settlement and agreeing to minor adjustments […]

  • Indian Ports to Get USD 120 Million Dredging Boost

    1 May 2013
    Business & Finance

    As part of the fiscal year 2013-14 budget plan, major state-owned ports will receive approximately $120 million for the maintenance dredging projects, the Indian Ministry of Shipping announced yesterday. In the fiscal year 2012-13, which ended on March 31, 2013, the Government had already allocated about $45.4 million for these purposes, reports joc.com. Regarding this […]

  • Eni pumps first oil from Cuica field offshore Angola

    16 August 2021
    Business Developments & Projects, Exploration & Production, Infrastructure, Project & Tenders

    Italian oil major Eni has started production of the Cuica field, in Block 15/06 of the Angolan deep offshore, via the Armada Olombendo FPSO vessel.

  • EU backs WaveRoller technical expertise

    11 November 2020
    Business Developments & Projects, Innovation, Operations & Maintenance, Research & Development, Technology

    Finnish wave energy company AW-Energy has embarked a 3-year project to develop processes for the roll-out of large megawatt wave farms.

  • Karpowership to help ease Ukraine’s energy crisis via floating power stations

    26 January 2023
    Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Vessels

    Turkey’s floating power plant company Karpower International (Karpowership) has signed a memorandum of understanding (MoU) with state-owned trader JSC Energy Company of Ukraine (ECU) to enhance electricity supply cooperation and accelerate the use of floating power stations to alleviate the nation’s energy crisis. The parties agreed to work alongside national and international organisations to develop and finance […]

  • Neptune Energy fires up Gjøa P1 development

    23 February 2021
    Business & Finance, Business Developments & Projects, Exploration & Production

    Operator Neptune Energy and its partners have started production from the Gjøa P1 development in the Norwegian sector of the North Sea.

  • Hopper Barge Rabochaya Clears Sea Trials

    21 June 2019
    Business & Finance

    Self-propelled hopper barge ‘Rabochaya’ has successfully completed sea trials at Onego Shipyard LLC, (Petrozavodsk, Republic of Karelia), informs FSUE Rosmorport. During the trials, the admission board checked the operation status and application requirements, the functioning of automation, navigation and communication aids of the vessel. According to Rosmorport, the vessel showed full readiness for operation and good […]

  • Lundin produces first oil from tie-back project in North Sea

    1 October 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Lundin Energy has achieved the first oil from the Solveig field, a subsea tie-back development into the Edvard Grieg platform offshore Norway.

  • Embracing sustainability, US gov’t makes ‘biggest ever’ investment in ports

    12 November 2021
    Authorities & Government, Business & Finance, Environment, Infrastructure, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Transition

    The Biden-Harris Administration has passed new legislation as part of which billions of dollars will be invested in US port infrastructure and waterways.

  • Massey’s Ditch Dredging in November

    13 September 2019
    Business & Finance

    The Massey’s Ditch Channel dredging scheme in Delaware is finally set to begin in November, WMDT (47 ABC) reports.  The waterway, which has caused some problems for boaters over the years, is scheduled to be dredged either on or a little after November 1. According to 47 ABC, the project had been delayed after no […]

  • USA: Chairman Issues Update on Philadelphia Port’s Progress

    22 March 2013
    Business & Finance

    Charles G. Kopp, Esq., Chairman of the Philadelphia Regional Port Authority, issued an update on recent progress at the Port of Philadelphia. The Philadelphia Regional Port Authority (PRPA) is an independent agency of the Commonwealth of Pennsylvania charged with the management, maintenance, marketing, and promotion of publicly-owned port facilities along the Delaware River in Philadelphia, […]

  • Cornet Bay Marina Cleanup Completed

    14 October 2015
    Business & Finance

    The Cornet Bay Marina environmental cleanup site near Oak Harbor is ready to come off the state’s list of contaminated sites, according to a proposal by the Washington Department of Ecology. The 1.1 acre site at 200 Cornet Bay Road underwent cleanup in 2014, followed by a year of groundwater monitoring. Ecology has determined that […]

  • SSE and partners award survey contracts for Ossian floating wind farm

    13 March 2023
    Business Developments & Projects, Operations & Maintenance, Project & Tenders, Vessels

    SSE Renewables, Marubeni Corporation, and Copenhagen Infrastructure Partners (CIP), the consortium behind Ossian floating offshore wind farm in Scotland, have awarded the contract for geotechnical investigations to Fugro and Ocean Infinity. The Netherlands-based Fugro will focus on downhole geotechnical sampling and in-situ cone penetration testing, while Ocean Infinity will focus on the seabed scope which […]

  • The Netherlands: Record Revenue and Profit for Boskalis

    5 April 2011
    Business & Finance

      2010 was a special and memorable year for Boskalis in many ways. Not just because it was the year in which we celebrated our centenary, but definitely also because it was a year in which we continued to develop the foundations for the future of our company. Record revenue and profit Above all, 2010 […]

  • Boskalis Kicks Off Port Adelaide Dredging Project

    7 June 2019
    Business & Finance

    Dredging has started today to widen the Outer Harbor shipping channel and swing basin at Port Adelaide, reports Flinders Ports. The $80 million project, funded by Flinders Ports, means Port Adelaide will be able to accommodate the world’s largest cruise ships and the larger and more efficient ‘Post Panamax’ container ships. Flinders Ports CEO, Stewart […]

  • Tema Port Expansion Project About to Begin

    8 September 2016
    Business & Finance, Project & Tenders

    Construction works on the $1.5 billion Tema Port expansion project are expected to begin on the 1st October 2016, reports the Ghana Ports & Harbors Authority. The project, which will enable the development of an ultra-modern state-of-the-art port facility, is set for completion by the 4th quarter of 2019. The immediate cash flow needed for the 1.5 billion port […]

  • Indian giant plans to invest $4 bln to step up its exploration game

    27 May 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy

    ONGC intends to invest up to $4 bln in the next three years in a push to deliver on its bold new roadmap to boost its exploration activities.

  • Ørsted probing Swedish offshore wind sites

    3 February 2021
    Business Developments & Projects, Project & Tenders

    Leading offshore wind developer Ørsted plans to start a consultation process on the Skåne offshore wind project in Sweden this spring. The project is in an early development phase and the consultation is part of the permitting procedure, Ørsted said. The wind farm covers an area of around 450 square kilometres located some 22 kilometres […]

  • Beresford Foreshore Protection Project Awarded

    5 December 2016
    Business & Finance

    Geraldton based civil contractor Central Earthmoving has been awarded the contract to construct coastal protection works along the Beresford Foreshore, one of the City’s largest Capital Work projects to date. Stretching two kilometers in length, the first phase of the Beresford Foreshore Coastal Protection and Enhancement Project involves the construction of a 100m breakwater extension […]

  • Jan De Nul Wins Two Major Contracts in Argentina

    27 June 2018
    Business & Finance

    Jan De Nul Group said in its latest announcement that they won major contracts in two Argentinean ports in the course of June 2018. The first contract for the 50-feet deepening dredging works of the Port of Quequén was signed with Jan De Nul on 1 June 2018. According to the company’s release, the second […]

  • Minesto’s 2021 half-year finances in line with last year report

    19 August 2021
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Technology

    Swedish marine energy company Minesto has posted a slight decrease in net loss for the first half of 2021, compared to the same period a year earlier.

  • Dyna-Mac secures more FPSO work

    22 June 2021
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Singapore’s Dyna-Mac has secured additional work scope from existing customers, for a total provisional contract sum of about $6 million.

  • Buzzing networking drinks at OEEC!

    15 September 2021

    Offshore Energy Exhibition and Conference (OEEC) is coming close! Following the press conference by the Dutch government from Tuesday 14 September 2021, we are pleased to inform you how these relaxations affect OEEC.   While networking and business meetings were of course already possible, with letting go of the 1.5 metre distance measure, this will […]

  • Nexans Aurora starts installing Greek subsea interconnector cable

    15 November 2021
    Business Developments & Projects, Project & Tenders, Vessels

    Nexans’ new cable-laying vessel (CLV) Nexans Aurora has begun installing the 500 kV HVDC subsea interconnector cable between the island of Crete and mainland Greece.

  • Mubadala signs MOU to buy Tamar field stake from Delek Drilling

    27 April 2021
    Business & Finance, Business Developments & Projects

    Israel’s Delek Drilling has signed a non-binding memorandum of understanding (MoU) with UAE’s Mubadala Petroleum for the sale of its 22 per cent non-operated stake in the Tamar gas field offshore Israel.