Business & Finance
The Dredge Sled Concept by EDDY Pump
EDDY Pump has partnered with UAT Pacific and is now able to offer a complete dredging solution for effective slurry, sludge, and solids removal, named the Dredge Sled. With the latest technology, the Dredge Sled is a cost-effective solution for pond, lagoon, canal, tailings pond, and settling tank d
Offshore Wind Conference: Profitability and Financeability of Offshore Wind
The LCOE of offshore wind have dropped dramatically in the last ten years. Early 2018, the first subsidy freetender was won. What does this mean for financing of new windfarms and for the profitability of existing and yet to be built offshore windfarms? What new business models do experts see emergi
Sand: massive supply-demand imbalance is upon us
Saudi Arabia’s decision to flood the market with crude oil at a time when demand is in doldrums amid coronavirus pandemic is about to create a massive supply-demand imbalance, says BIMCO’s Chief Shipping Analyst, Peter Sand. Liquid fuels production and consumption will be imbalanced during much of 2
Collaroy Seawall Project VIDEO
The NSW Government’s Soil Conservation Service specialist staff were engaged recently by the Northern Beaches Council to construct the 250m rock revetment seawall in front of the Collaroy Beach carpark. The Collaroy area suffered extensive erosion damage in the June 2016 east coast low swells and is
Mayor Matthews: Playing Politics with The Entrance Dredging
Central Coast Mayor, Lisa Matthews, is calling out the politics being played on the waterways by the Parliamentary Secretary for the Central Coast and Member for Terrigal, Adam Crouch. “We waited five months for the NSW Government to approve a funding grant to support the Central Coast Council’s dre
Tullow identifies further cost savings as lenders approve credit
Tullow Oil has identified further cost savings while its lenders have approved its credit facility with a $1.9 billion of debt capacity.
USACE Galveston District Awards $16.9M Port Arthur Contract
On March 30, USACE Galveston District awarded a $16.9 million contract to Great Lakes Environmental and Infrastructure LLC of Rocklin, California, for repairs and raises to the Port Arthur Coastal Storm Risk Management System. “This contract is a major milestone for the Sabine Pass to Galveston Bay,
Maintaining Shoreline in Sweden by Remu Big Float
Living near a body of water has always appealed to many, yet some of these areas may require maintenance such as dredging and erosion control to keep up with the ever-changing environment. Sweden has dozens and dozens of rivers and an estimated 101,000 lakes, not to mention the coastal areas and sev
Sturgeon Island Work Wraps Up
In March, the Army Corps of Engineers (USACE) completed a dredging and beneficial use effort on Sturgeon Island near Stone Harbor, New Jersey. USACE’s contractor Barnegat Bay Dredging Company dredged a section of the Intracoastal Waterway and the sediment was pumped onto the low lying island. Work i
Oil price drop pushes Lekoil into cost-cutting mode
Africa-focused oil and gas company Lekoil has approved the immediate and accelerated implementation of the company’s general and administrative (G&A) cost-reduction measures due to the significant drop in oil prices.
Petronas hires second Alam Maritim anchor handler this year
Malaysian offshore support vessels and subsea services provider Alam Maritim Resources has been awarded a work order for the provision of anchor handling tug and supply (AHTS) for Petronas Carigali.
Iberdrola to speed up investments and projects
Iberdrola will put its investments in 2020 on a fast track with an aim to surpass last year’s investment record and reach € 10 billion. This will lead to some 4.5 GW of new capacity currently under construction to be commissioned this year.
PGS Forecasts Revenue Hit; To Cold-Stack Two Ships
Marine geophysical firm PGS said it expects the low oil price to have a material negative impact on demand for seismic services and activity. The company is implementing cost and capital expenditure measures to meet an expected significant revenue reduction, with details to be provided in Q1 2020 ea
KC LNG to build bunkering facilities for Scotland’s CMAL
Scottish ferry owner Caledonian Maritime Assets (CMAL) has ordered two liquefied natural gas bunkering facilities from KC LNG. Denmark-based KC LNG, a Kosan Crisplant’s division under MAKEEN Energy, said in a statement it expects to complete the bunkering facilities in July 2022. The facilities will