Business & Finance

Curtin Maritime Bags San Diego Dredging Gig
The U.S. Army Corps of Engineers’ Los Angeles District, in coordination with the Port of San Diego, will perform maintenance dredging in a portion of the federal channel at the southern end of San Diego Bay beginning mid-February. The purpose of the work is to re-establish authorized channel depths

PGNiG in bid to find more oil in Shrek prospect
PGNiG Upstream Norway, a Norwegian subsidiary of Polish oil and gas company PGNiG, has hired Applied Petroleum Technology to conduct a post-drilling analysis of its recent Shrek discovery in the Norwegian Sea.

Wood sells industrial services business to Kaefer to cut debt
Energy services company John Wood Group has sold its industrial services business to technical services provider Kaefer for an initial cash consideration of around $104 million.

BIRNS Rolls Out New Subsea Cable Assembly
BIRNS has developed a new ultra-high speed cable assembly capability in answer to industry demands for true Gigabit data transfer for advanced subsea vehicles. Namely, the BIRNS team has developed exclusive deep submergence cable constructed for Cat 8.2 use, and deep submergence cable assemblies wit

Japan Readies Ferry to Accommodate Evacuees from China
Japan prepares a ferry to provide accommodation for its nationals returning from China amid the coronavirus outbreak.

NRW: New Plans for Hinkley Point C Sediment Disposal
Natural Resources Wales (NRW) has started discussions with EDF Energy about a new marine licence application to dispose of dredged material from the Bristol Channel into a disposal site off the coast of Cardiff, South Wales. EDF has submitted its plan to NRW for the sampling and testing of the sedim

Legasea and Infinity Team Up
Legasea and Infinity Oilfield Services have formed a strategic alliance to pursue and execute offshore topsides and subsea projects in the UK North Sea and internationally. The alliance should open up further opportunities by combining Infinity’s engineering capabilities and oilfield services experi

Vinalines Set on Joining Global Shipping Alliances
Vinalines sets goals for 2020.

Pea Island Restoration Project Halfway Through
Barnhill Construction crew is halfway through with the habitat restoration activities on Pea Island National Wildlife Refuge. Partners at the North Carolina Department of Transportation (NCDOT) and the contractor are excavating sand behind the Oregon Inlet Terminal Groin in order to improve habitats

JFD Expands Footprint in India
JFD said it has delivered a new £1-million contract to supply two sets of life-saving equipment to the Indian Navy, to further enhance the safety of submariners. The life-saving equipment, including D-MAS HyperSat and hyperbaric ventilators, provides patient monitoring to the Indian Navy’s submarine

New Engineering Manager Joins InterMoor in Aberdeen
InterMoor has welcomed Stuart Brazewell as a new engineering manager in Aberdeen. As the engineering manager, Stuart will be responsible for the delivery of services lines within the InterMoor engineering function, including the execution of projects and engineering services in relation to the desig

APM Terminals Eyes Deepwater Port Development in Georgia
APM Terminals Poti presented its plans to the Government of Georgia for the creation of a deep-water port.

Repsol to make use of one-well option for Maersk drillship
Repsol has exercised a one-well option under its contract for the Maersk Drilling-owned drillship Maersk Valiant for operations offshore Mexico.

Trident Energy Launches 4D Seismic over Equatorial Guinea Assets
Trident Energy has started a 4D seismic survey over its Block G assets which contain the Ceiba and Okume fields offshore Equatorial Guinea. The field are located some 15 kilometers offshore in water depths ranging from 100 to 1,200 meters. The acquisition, which kicked off on January 22, 2020, is be