Net profit jumped to USD 39.1 million in the third quarter of 2019 from USD 21.6 million seen a year earlier.
Nakilat closed the first nine months of this year with a profit rise of 10.5 percent YOY.
Dredging Today brings you an overview of the most popular stories from the past week (October 14 – 20, 2019). Jan De Nul Kicks Off Nouadhibou Dredging Project Jan De Nul Group has officially kicked off the deepening and widening operations in the inner port channel and turning basin of the large o
Subsea World News has put together a recap of the most interesting articles from the previous week (October 14 – October 20). This content is available after accepting the cookies. Change cookie-settings View on Subseaworldnews. Bhge Becomes Baker Hughes Company This content is available after accep
During a ceremony at the IADC Annual General Meeting in New Delhi yesterday, IADC President Frank Verhoeven announced the Safety Award 2019 winner: Boskalis with its Floating Line Connecting System. From fourteen nominations, the association’s Safety Committee and Board of Directors selected the Bos
The International Association of Dredging Companies (IADC) has just released the latest edition of their Terra et Aqua magazine, introducing the following articles: Beneficial Use, an Expertise Exporter and Trenching Model. CEDA’s Working Group on Beneficial Use aims to inspire sediment stakeholders
Caterpillar has just launched their new Cat 306 CR Mini Hydraulic Excavator, marking the company’s entry in the 6-ton class offering. According to Caterpillar, the 306 CR mini excavator is built to exceed customer expectations with strong performance, enhanced operator experience and simplified main
Five South Korean shippers are looking to create an alliance to secure Qatari LNG transportation orders.
Subsea World News has put together a recap of the most interesting articles from the previous week (October 07 – October 13). https://subseaworldnews.com/2019/10/08/subsea-7-picks-shawcor-coating-for-two-offshore-projects/ https://subseaworldnews.com/2019/10/07/maersk-installer-arrives-in-mexico-on-
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 in the third quarter of 2019. Q3 Highlights: UniSite successfully supplied nu
The $538 million first phase of the new Deepwater Port of Posorja, Ecuador, is now completed and successfully operational, reports DP World. According to DP, the $538 million initial investment (Phase 1) included the purchase of land, dredging of a new access channel, a 20-kilometer access road and
Sparrows Group has been awarded its first contract with Qatar Petroleum to provide crane maintenance services on the PS-1 platform – located in the Idd El-Shargi field, North Dome, 85 kilometres east of Doha.
Unique Group has signed an agreement to acquire five unmanned surface vessels (USV) DriX units from French high-technology company iXblue. Unique Group’s new addition is designed for a wide range of tasks such as geophysical and hydrographic surveys, touchdown monitoring of pipelines, subsea positio
Offshore drilling contractor Shelf Drilling has secured a three-year contract extension for the High Island VII jack-up rig.
