Business & Finance

National Coastal Resilience Fund – Request for Proposals
The National Fish and Wildlife Foundation (NFWF) has announced the release of the 2020 Request for Proposals for the National Coastal Resilience Fund (NCRF) which provides grant funding to restore, increase and strengthen natural infrastructure to protect coastal communities while also enhancing hab

NCDEQ: Helping Coastal Communities with Storm Damage
The N.C. Department of Environmental Quality (DEQ) is accepting project applications for $11.5 million in funding to help coastal cities and towns recover from hurricane damage. The deadline to submit an application is April 30, 2020. The funding comes from Session Law 2019-224 which allocated $11.5

Vantage sinks deeper into the red despite growing revenues
Vantage Drilling booked a loss in the last quarter of 2019 despite increase in revenues driven by higher utilization in both jack-up and deepwater segment.

Fugro to survey Inpex’s Abadi LNG project in Indonesia
Japanese oil and gas company Inpex has awarded Fugro a large marine survey contract for the Abadi liquefied natural gas (LNG) project in Indonesia.

OrbisEnergy Welcomes New Team Member
OrbisEnergy, the centre for offshore renewable and clean energy businesses, has welcomed a new addition to the team. Ian Pease started employment in the role of business development manager – All Energy, employed by Suffolk County Council and based at OrbisEnergy, Lowestoft. Ian’s role is to drive f

Boskalis Full Year Result Boosted by Good Second Half Year
Royal Boskalis Westminster N.V. ended 2019 well after a difficult first half of the year with EBITDA of EUR 376 million, slightly above its own expectations, the company said in their today’s release. According to Boskalis, net profit came in at EUR 75 million (2018: EUR 436 million loss) and revenu

Anse du Portier Monaco February Time Lapse VIDEO
2019 will remain in the Principality’s collective memory as the year in which the new extension of Monegasque territory took visual form: since its launch in 2017, the project has progressed on schedule and, in mid-December 2019, six hectares of land was completed. 2020 has opened a new chapter in t

Fifth Missouri River Levee System Returned to Full Height
As of Monday, repairs on the Missouri River Levee System L-550 returned the entirety of the levee system to its pre-flood height, informs the Army Corps’ Omaha District. USACE also added that repair efforts remain ongoing on this levee system, such as relief well testing and replacement. Although th

DNV GL Awards Industry’s 1st Ship Cybersecurity Verification
ABB’s solutions on board a large passenger ship have been awarded cybersecurity verification from DNV GL.

Framo gets offshore maintenance job for all five Aker BP fields
Aker BP and Framo have entered into a long-term contract for seawater lift pumps where compensation is directly linked to facility uptime.

Mooloolaba Harbor Dredging Kicks Off
Dredging operations in the Mooloolah River inner harbor are now underway, according to the Maritime Safety Queensland. As reported, Hall Contracting’s cutter suction dredge ‘Navua’ and support work boats will be undertaking the inner harbor dredging project until late March 2020 (weather permitting)

DNV GL Getting New CFO
DNV GL has appointed Kjetil M. Ebbesberg as new Group CFO to succeed Thomas Vogth-Eriksen, who will become director, Certification Division in DNV GL – Business Assurance. Ebbesberg will join DNV GL on 1 April 2020 and take up the Group CFO position as of 1 July 2020. Ebbesberg comes from the positi

Abu Dhabi Ports, Robert Allan to Develop World’s 1st Autonomous Tugs
Abu Dhabi Ports, Robert Allan Ltd. are to develop the world’s first fully unmanned tugs.

BP awards Caspian Sea job to Worley
Azerbaijan International Operating Co. (AIOC), a BP-operated company, has awarded Worley a contract for engineering, procurement and construction services as part of a gas lift project in the Caspian Sea.