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Business & Finance

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Pacific Drilling finds work for two drillships
Business & Finance

Pacific Drilling finds work for two drillships

Offshore drilling contractor Pacific Drilling has secured more work for a drillship working in the Gulf of Mexico and a new deal for a drillship in Oman.

about 7 years ago
Polarcus returns to profit in 3Q
Business & Finance

Polarcus returns to profit in 3Q

Seismic services provider Polarcus returned to profit in the third quarter of 2019 on the back of improved pricing and operational performance. Polarcus said on Tuesday it had recorded revenues of $103.4 million, an increase of 19% compared to 3Q 2018 and revenues of $87 million, driven by the incre

about 7 years ago
GMS secures four-year deal in Middle East
Business & Finance

GMS secures four-year deal in Middle East

Gulf Marine Services has been awarded a four-year contract for a K-Class (Small) vessel in the Middle East.

about 7 years ago
Interview with UniSite COO, Focusing on In-Depth Cooperation with Customers
Business & Finance

Interview with UniSite COO, Focusing on In-Depth Cooperation with Customers

UniSite Group, a Ningbo based company involved in dredging, land reclamation, offshore projects, marine, mechanical engineering and green remediation projects, took part in some very significant projects all over the world during the last months. Just in the third quarter of 2019, UniSite successful

about 7 years ago
Sparrows scores $71 million worth of deals in UAE
Business & Finance

Sparrows scores $71 million worth of deals in UAE

Sparrows Group has doubled the size of its operations in the United Arab Emirates after securing £55 million ($71M) in contracts over the past three months.

about 7 years ago
MOL Acquires Stakes in Azerbaijan’s ACG Field and BTC Pipeline
Business & Finance

MOL Acquires Stakes in Azerbaijan’s ACG Field and BTC Pipeline

MOL has signed an agreement with Chevron Global Ventures and Chevron BTC Pipeline to acquire their non-operated E&P and mid-stream interests in Azerbaijan. The acquisition includes a 9.57% stake in the Azeri-Chirag-Gunashli (ACG) oil field, and an effective 8.9% stake in the Baku-Tbilisi-Ceyhan (BTC

about 7 years ago
IADC to Present Young Author Award at CEDA Event
Business & Finance

IADC to Present Young Author Award at CEDA Event

International Association of Dredging Companies – the global umbrella organisation for contractors in the private dredging industry – will present the IADC Young Author Award at the CEDA Dredging Days, 8 November 2019, Rotterdam Ahoy, the Netherlands. To stimulate the promotion of new ideas and enco

about 7 years ago
Highlights of the Week
Business & Finance

Highlights of the Week

Dredging Today brings you an overview of the most popular stories from the past week (October 28 – November 3, 2019). Launching of TSHD Meuse River Set for November 16 A launching ceremony of the new 7.950m³ trailing suction hopper dredger (TSHD) Meuse River will take place on Saturday, November 1

about 7 years ago
Highlights of the Week
Business & Finance

Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (October 28 – November 03). https://subseaworldnews.com/2019/11/01/onesubsea-bags-subsea-compression-deal-for-ormen-lange/ https://subseaworldnews.com/2019/10/29/mermaid-wins-middle-east-contract-exten

about 7 years ago
Highlights of the Week
Business & Finance

Highlights of the Week

MarineEnergy.biz has compiled the top news from marine energy industry from October 28 – November 03, 2019. https://marineenergy.biz/2019/10/29/eni-cdp-fincantieri-and-terna-establish-new-company-for-wave-energy/ https://marineenergy.biz/2019/10/31/bombora-lands-first-wave-energy-marine-licence-in-w

about 7 years ago
ITF, Saudi Arabia Agree to Support Seafarers in Local Seaports
Business & Finance

ITF, Saudi Arabia Agree to Support Seafarers in Local Seaports

ITF and Saudi Arabia have committed to work closely to support seafarers in all of the country’s ports.

about 7 years ago
Abu Dhabi Ports’ Maqta Gateway, Etisalat Partner Up on Port Digitalization
Business & Finance

Abu Dhabi Ports’ Maqta Gateway, Etisalat Partner Up on Port Digitalization

Abu Dhabi Ports’ Maqta Gateway, Etisalat team up to enable connectivity and bring digital innovation across ports.

about 7 years ago
Ciena Boosts IMEWE Submarine Cable
Business & Finance

Ciena Boosts IMEWE Submarine Cable

IMEWE (India-Middle East-Western Europe), the ultra-high capacity fiber optic submarine cable system, is deploying Ciena’s coherent optical solutions and automation software to address network capacity requirements in the region. Ciena’s solutions provide IMEWE with a network capable of delivering i

about 7 years ago
Sri Lanka Land Development Corporation Opts for Dredge Yard Vessel
Business & Finance

Sri Lanka Land Development Corporation Opts for Dredge Yard Vessel

Dredge Yard and its sole agent in Sri Lanka, Hoavel Holdings, have won an order for a standard Cutter Suction Dredger ECO 300. The new dredger will be used by Sri Lanka Land Development Corporation (SLLDC) for the cleanup of the Beira Lake in Colombo, Sri Lanka. According to the company, Hovael Hold

about 7 years ago
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