Dredging Today brings you an overview of the most popular stories from the past week (April 6-12, 2020). CEMEX Go Innovation Almost Ready for Delivery The first of Damen’s new Marine Aggregate Dredgers, a 103.5 meter long CEMEX Go Innovation is almost ready for delivery to her new owner in the UK.
Biofouling is, or should be seen as, public enemy number one when it comes to impacting on marine ecosystems and handicapping vessel performance worldwide.
With the use of permanent magnets and high-tech bearings, Royal IHC has created the Deep Sea Special Motor – an environmental friendly submerged electric motor for the deep sea mining and oil & gas industries. “One of its unique features is that it is 100% oil free. Seawater can run through the moto
OPEC, Russia, and allies are on the verge of ending the oil price war in an effort to save the oil industry which, in addition to the oil price war consequences, suffered even more as the coronavirus pandemic further curbed the oil demand, creating a whirlwind of adverse effects. However, the allies
The oil price war and the coronavirus pandemic are already taking their toll on the oil and gas services market, with offshore drilling contractors among the most affected segments. One of the major drillers, Noble Corporation, has seen its contracts shortened, rigs stacked and put on standby, and d
The Covid-19 epidemic and the ongoing oil price war have ravaged global energy markets during the last two months, and offshore drilling, in particular, is among the most affected industry segments, according to energy intelligence firm Rystad Energy.
Scottish subsea wireless and digitalisation expert WFS Technologies (WFS) has signed a partnership agreement with AeonX (Nigeria) to promote and deliver the full range of Seatooth products for asset integrity and flow assurance monitoring. AeonX, which is also a technical advisory to the West Africa
At least nine of the world’s top planned exploration wells for 2020 are at risk of being suspended as a result of the combined effect on oil and gas activities of the Covid-19 virus and the oil price war, a Rystad Energy impact analysis shows.
The shipbuilding sector has been severely impacted by the ongoing COVID-19 pandemic causing the contracting activity to shrink and newbuild deliveries to get postponed. What is more, the demolition activity, which has been pretty dynamic over the recent period, has also ground to a halt amid lockdow
Dallas-based Kosmos Energy noted that the Coronavirus impact on time-critical workstreams resulted in the delay of the Greater Tortue Ahmeyim LNG project’s timeline delay.
Golar LNG received a force majeure notice from a BP unit seeking to delay taking delivery of the floating liquefied natural gas facility Gimi by a year. The floating LNG facility is destined for BP’s Greater Tortue Ahmeyim project on the maritime border of Mauritania and Senegal. BP was expected to
Oil major ExxonMobil is reducing its 2020 capital spending by 30 percent and lowering cash operating expenses by 15 percent in response to low commodity prices resulting from oversupply and demand weakness from the COVID-19 pandemic.
