Business & Finance
Noble Corp. posts higher quarterly revenues
Noble Corporation has managed to keep its net loss flat in the last quarter of 2019 while its revenues increased during the period.
MISC Reports Revenue Rise due to More LNG Carriers in Operation
MISC Group wrapped up 2019 with both profit and revenue increases.
Jones Bros Working on Coastal Defenses in Old Colwyn
Jones Bros Civil Engineering UK has taken steps to deliver an active travel project and coastal defense works in Old Colwyn. The contractor was hired by Conwy County Borough Council to improve the coastal defenses and active travel route at Splash Point, at the arches end of the Old Colwyn promenade
Excelerate Launches In-House Ship Management Services
Excelerate Energy gets green light to manage its entire FSRU fleet.
SeaBird wins seismic work in Asia Pacific region
Seismic services player SeaBird Exploration has received a letter of award for an OBN source contract in the Asia Pacific region.
Petronas taps Tanjung for Bayan offshore production unit
Malaysia’s oilfield services provider Tanjung Offshore Services (TOS) has received a letter of award from Petronas Carigali for the leasing, operating, and maintenance of a mobile offshore production unit (MOPU) for the Bayan Gas Development Project Phase 2.
Deal to Commercialize Oil Spill Tech
A material made from waste cooking oil and sulphur that can soak up oil spills and other pollution will be commercialised following a deal between its South Australian inventors and a Singaporean company. The collaboration between Flinders University and Clean Earth Technologies will result in a man
BAM Nuttall to Build New Port in Stanley Harbor, Falklands
The Falkland Islands Government (FIG) has selected a development partner to design and build a new port in Stanley Harbor. According to the government, they selected BAM Nuttall Ltd as the development partner. The aim is for the contract to be agreed and signed by the end of March 2020. FIG Chief Ex
Los Angeles Draft Environmental Assessment on Display
The U.S. Army Corps of Engineers, Los Angeles District, has conducted an environmental analysis in accordance with the National Environmental Policy Act of 1969 for the Los Angeles River Estuary and Port of Long Beach Entrance Channel Maintenance Dredging. The draft Environmental Assessment (EA) Jan
Inpex inks MoUs for long-term gas supply from Abadi project
Japanese oil and gas firm Inpex has signed memorandums of understanding (MOUs) with PT PLN Persero (PLN) and PT Pupuk Indonesia for the long-term domestic LNG and pipeline natural gas supply from the Abadi LNG project offshore Indonesia.
Exceptional Year for GLDD
Great Lakes Dredge & Dock Corporation yesterday reported financial results for the quarter and year ended December 31, 2019, saying that the gross profit margin percentage increased to 21.0% in the fourth quarter compared with 20.6% in the prior year fourth quarter. Commenting the latest announcemen
Siemens to modernize Middle East jack-up rig
German multinational conglomerate Siemens has been awarded a contract by Arabian Drilling Company to modernize an offshore jack-up drilling rig for a customer in the Middle East.
Minesto and SEV Ink PPA for Faroe Island Tidal Installations
Minesto and Faroese electric utility company SEV have signed a power purchase agreement (PPA), advancing its collaboration to integrate tidal energy in the Faroe Island’s electricity mix. The PPA comprises both the planned installations of two 100kW systems of Minesto’s subsea kite technology and an
EDS HV Wraps Up Horns Rev 3 Consultancy Work
EDS HV Group has completed high voltage consultancy work at Vattenfall’s Horns Rev 3 offshore wind farm in Denmark.