Business & Finance
Reach Subsea Stays Busy
Norwegian contractor Reach Subsea said it has been awarded several contracts and call-offs under frame agreements for 2020 execution, representing about 200 project days. The projects involve both inspection, survey and light construction work across Europe and America, for operators in the oil & ga
Former Great Grimsby MP Becomes RenewableUK Deputy CEO
RenewableUK has appointed the former Member of Parliament for Great Grimsby Melanie Onn as the new Deputy Chief Executive Officer.
Well-Safe Hires Schlumberger for P&A Work
Well-Safe Solutions has awarded a contract to Schlumberger for the provision of plug and abandonment well services. The scope includes the supply of cementing service, wireline services, wellbore fluid services and fishing, milling and swarf recovery services. The work will be aboard the company’s f
RenewableUK Gets New Deputy Chief Executive
RenewableUK has appointed the former MP for Great Grimsby Melanie Onn as the organisation’s new deputy chief executive. Onn will begin her role on 9th March. In her new role as Deputy CEO, she will focus particularly on public speaking and media work. She will also lead on helping our supply chain m
DP World Takes Majority Stake in Ukrainian Container Terminal
DP World is to acquire a majority stake in TIS Container Terminal in the Port of Yuzhny, Ukraine.
ConocoPhillips extends Bristow contracts in North Sea
Bristow Group has been awarded extensions to two contracts with ConocoPhillips to support its air transportation crew change and shuttle/search and rescue (SAR) services for the Greater Ekofisk Area in the North Sea.
President’s Budget: $188 Million for Sacramento District Projects
More than $188 million in flood risk management work for Northern California were outlined in two separate budget releases on February 10, adding to an already robust Sacramento District workload, reports the U.S. Army Corps of Engineers’ Sacramento District. President Donald Trump’s fiscal year 202
Reach Subsea sees ‘unprecedented level of visibility’
Reach Subsea has been awarded several contracts and call-offs under frame agreements for 2020 execution, representing about 200 project days.
Ashtead Supports Northern Lights CCS Project
Subsea equipment solutions specialist Ashtead Technology has completed subsea installation monitoring work to support the Northern Lights Carbon Capture Storage project (CCS) in the North Sea. Developed by Equinor in partnership with Shell and Total, the Northern Lights project is the first of its k
Well-Safe taps Schlumberger for well services in North Sea
Well-Safe Solutions has awarded a “significant work scope” to Schlumberger for the provision of plug and abandonment well services in the North Sea.
Panetta Secures Federal Funding for Santa Cruz Dredging
California Congressman Jimmy Panetta announced this week that $540,000 will go toward ensuring that people can continue to navigate Santa Cruz Harbor channels as maintenance dredging continues. This funding will help ensure the safety and prosperity of communities on the central coast of California.
Tonseth Resigns from AGS Board
Norwegian ocean bottom node seismic company Axxis Geo Solutions (AGS) has received notice of resignation from board member Tore Tonseth. Tore A. Tonseth was appointed director of AGS effective December 1, 2019. Tonseth is a Norwegian citizen with knowledge and experience from the financial industry.
Express Engineering Enjoys Subsea Equipment Sector Upturn
Subsea manufacturing specialist Express Engineering is investing in a new £3.5-million assembly and test facility near its Gateshead headquarters in the UK, expecting to create another 30 jobs. Since embarking on a refocused business strategy at the end of 2018, Express Engineering has seen revenues
20 Dredging Sites Selected Along Lake Ontario and the St. Lawrence River
Governor Andrew M. Cuomo has announced the completion of the first round of dredging at Port Bay, the first of 20 dredging sites selected across the region to address a backlog of projects at harbor navigation channels along the southern shore of Lake Ontario and the St. Lawrence River. The $15 mill