Business & Finance

USACE Dredger Yaquina Busy in Eureka
Dredging operations are currently underway in the Humboldt Bay area, a natural bay and a multi-basin, bar-built coastal lagoon located on the rugged North Coast of California. Under the project, the U.S. Army Corps of Engineers hopper dredger Yaquina will spend several weeks working in the Eureka in

Viewport3 marks remote 3D scanning service boosts
Aberdeen-based 3D scanning specialists Viewport3 said it has seen record uptake of its new service offering. After the recent launch of its new remote data capture service, the company secured four contracts valued at £100,000. Split between existing and new clients, these contracts have an internat

Maersk Drilling in new round of layoffs
Offshore drilling company Maersk Drilling has decided to take another swing with the job axe and lay off even more staff.

Phoenix Lake Contract Awarded
The Tuolumne Utilities District (TUD) Board of Directors on Tuesday, May 5th awarded a $4.1 million contract to Steve Manning Construction, Inc. (SMC) for the construction of the Phoenix Lake Preservation and Restoration Project. The Board unanimously supported the contract approval at a Special Boa

GCWA to Dredge West Crab Island Channel
The Gold Coast Waterways Authority (GCWA) is pushing ahead with dredging works on the Gold Coast, ensuring vital transport links remain open for the city’s marine industries. “Dredging is starting in the West Crab Island Channel in the section from the Ephraim Island bridge down to the intersection

Energinet setting up geoscience services supplier qualification system
Energinet is establishing a supplier qualification system (SQS) for the procurement of offshore and onshore geophysical and geotechnical work. The Danish transmission system operator is inviting responses for seven categories, including offshore geophysical and geotechnical site investigations, as w

Saudi Aramco suspends Noble Scott Marks jack-up rig
Oil giant Saudi Aramco has suspended the contract for one of Noble Corporation’s offshore drilling rigs.

First Electric 20-tonne Excavator in the Netherlands for Van Oord
Van Oord and Pon Cat recently signed the agreement to purchase the first fully electric excavator in the Netherlands. By means of this investment and the deployment of this unique equipment on its infrastructure projects from May of this year, Van Oord is taking a new step towards reducing its CO2 e

Dredging of the New Soo Locks About to Begin
The U.S. Army Corps of Engineers, Detroit District, has announced that the New Lock at the Soo project is on schedule as construction for phase one of the project began this week. According to the Corps, Trade West Construction, Inc., began to move equipment to the site on May 4 and will begin deepe

Bomb Goes Off While Dredging Immingham Approaches
While working on the busy waters of the Humber, ABP’s dredging team yesterday witnessed the explosion of an undiscovered World War II bomb. According to the release, UK Dredging – the dredging company owned by ABP Group – were completing routine maintenance dredging of the Humber, when they heard a

Pacific Drilling improves in first quarter but expects challenging times ahead
Despite posting a loss in the first quarter of the year, offshore drilling contractor Pacific Drilling has had an overall better first quarter than the one in the year prior, but the company is preparing itself for ‘challenging times’ ahead.

EdgeTech customer service gets new manager
Underwater technology firm EdgeTech has recently promoted Gene Andella to the role of customer service manager. Andella has worked with EdgeTech for over seven years. He started on the factory floor building EdgeTech products and then moved into a customer support role six years ago. Andella has wor

NY and NJ Beachfill Projects to Continue
Two hopper dredges that were deployed to Florida to support emergency beach renourishment work at USACE’s Jacksonville District in March 2020 are returning to NY and NJ to complete previously contracted work, informs the Corps’ New York District. The B.E. LINDHOLM arrived at Fire Island on May 6 and

Fargo-Moorhead Funding Moving Forward
The Diversion Authority Finance Committee Chair Fargo Commissioner Tony Grindberg, and Board Chair Fargo Mayor Tim Mahoney yesterday thanked Sen. John Hoeven for his recent work to secure Water Infrastructure Finance and Innovation Act (WIFIA) financing for the FM Area Diversion Project. The Senator