Business & Finance
Emerald Isle Nourishment Update: Efforts Continue Along the Shores
Beach nourishment efforts are continuing along the shores of Emerald Isle, between the Lands End subdivision and east of the Western Ocean Regional Access area, the Town of Emerald Isle, North Carolina, said in their latest project update. According to the most recent project schedule, sand placemen
Viper Innovations names business development manager in Brazil
Viper Innovations has appointed Diego Baraldi as a business development manager for the Brazilian market. Diego has an electrical engineering background and over 15 years of experience in the Brazilian offshore oil & gas sector. He started his career with Halliburton as a field engineer and then und
Governor Ivey Announces NFWF Projects in Alabama
Alabama Governor Kay Ivey has announced that the National Fish and Wildlife Foundation (NFWF) recently awarded nearly $24 million from its Gulf Environmental Benefit Fund (GEBF) to four new projects in the state of Alabama. The projects, developed in consultation with state and federal resource agen
MHI Vestas appoints Asia Pacific regional manager
Offshore wind turbine manufacturer MHI Vestas has appointed Masato Yamada as the Regional Manager Asia Pacific, to oversee the company’s growth across the Asia Pacific region. Yamada was formerly the company’s Chief Strategy Officer based in Aarhus, Denmark, and will now be based in MHI Vestas’ Toky
Old Saybrook Project on Display
Lynde Point Land Trust, Inc., is seeking a permit from the USACE New England District to conduct work in waters of the U.S. in conjunction with stabilizing long-term shoreline erosion and protecting Lynde Point Marsh in Old Saybrook, Connecticut. This work is proposed in Long Island Sound and Crab C
Klaipeda Dredging Wraps Up
The maintenance dredging operations at the liquified natural gas (LNG) floating storage and regasification unit terminal in the southern part of Klaipeda Seaport were successfully completed earlier than planned. “The maintenance dredging works were smooth and the contractor managed to finish them ea
All Set for Folkestone Beach Works
Essential beach management works that will protect the district’s coastline started last week in south-east England, informs the Folkestone and Hythe District Council (FHDC). The work – which involves the recycling and regrading of shingle beaches between Fisherman’s Beach in Hythe to Folkestone Har
Giant Pioneering Spirit vessel put in charge of removal and disposal at Valhall
Aker BP has awarded a call-off for removal and disposal of multiple installations in the Valhall area in the North Sea to Allseas.
Manasota Key Beach Renourishment Project Moves Forward
Charlotte County and Sarasota County have just released latest update on the Manasota Key Beach Renourishment project. According to the update, the contractor is fully mobilized and as of April 1, 2020 Great Lakes Dredge & Dock Corporation (GLDD) has placed 569,616 cubic yards of sand along approxim
KrisEnergy closes Indonesian deal with BP
KrisEnergy has completed the sale of its participating interest in the Andaman II PSC located in the Malacca Strait, offshore Indonesia, to BP.
KEU Inc. Wins Levee Contract in Nebraska
The U.S. Army Corps of Engineers, Omaha District has awarded a $1.68 million construction contract to KEU Inc. of Vancouver, Washington, to repair the Union and No Name Dike Levee System between Valley and Fremont, Nebraska. The contract will allow the team to fully repair the system damaged during
Global Oil Event: Place of oil in future energy mix
Offshore Energy Exhibition & Conference 2018 featured the Global Oil Event. This event discussed strategic issues up and down the gas value chain focusing among others on market developments, changing business models and the place of oil in the future energy mix. Watch the contributions from analyst
ExxonMobil shaves $10 billion off its capital investment for 2020
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.
Nexans Lifts Pay for Frontline Staff, Leadership Takes Voluntary Pay Cut
Nexans CEO, members of the board of directors, and management are to take voluntary pay cut as a sign of solidarity and social cohesion, but also to award its frontline employees. Christopher Guérin, CEO of Nexans, has committed to reducing his compensation by 30 per cent for the months of April and