Business & Finance
Arecibo Dredging Deal for Weeks Marine
The U.S. Army Corps of Engineers Jacksonville District awarded a $4.675 million contract to Weeks Marine on January 14 for the Arecibo Harbor maintenance dredging in Arecibo, Puerto Rico. Under the agreement, Weeks Marine of Covington, Louisiana, will be responsible for dredging approximately 110,00
PetroRio to tie back two Brazilian fields following FPSO acquisition
Brazilian oil and gas company PetroRio has signed binding documents for the acquisition of the OSX-3 FPSO for $140 million and the farm-in with Dommo Energia of 80% in the Tubarão Martelo field (TBMT) off Brazil, where the vessel is currently chartered. PetroRio said on Monday that the acquisition w
Major Restoration Project Complete in Louisiana
The $18.7 million Queen Bess Island restoration project is now officially complete – making the Brown Pelican habitat ready for the 2020 nesting season. Standing on the shore of a remote island in Louisiana’s Barataria Basin, Gov. John Bel Edwards yesterday declared the newly-restored island officia
Osbit hired to build new well intervention system
UK-based offshore engineering company Osbit has been awarded a contract to design and construct a new well intervention tower system.
RockRose buys Cotton gas field in North Sea
RockRose Energy has signed a sales and purchase agreement to acquire a 100% of the equity of Speedwell Energy, the holder of 100% interest in the Cotton gas field in the UK sector of the Southern North Sea.
Kongsberg Sells Hydroid to Huntington Ingalls Industries
Kongsberg Maritime has signed an agreement to sell its US-based underwater technology company Hydroid for USD 350 million to Huntington Ingalls Industries (HII). Back in 2007, Kongsberg Maritime acquired Hydroid for USD 80 million. “Kongsberg Maritime has driven technology development and created co
Ocean Infinity forms new unit to operate marine robot fleet
Ocean Infinity, a seabed survey and ocean exploration company, has launched of a new pioneering marine technology and data company named Armada.
Transforming Traditional Ways of Modelling Sediment Spill
In order to obtain approval from the authorities to undertake dredging activities it is usually a requirement to predict the expected sediment spill and assess potential consequences for the environment. Today, this work is time consuming, costly and relies on highly skilled modelling experts. DHI’s
AIDA Cruise Ship Banned from Docking in Saint Lucia
A cruise ship operated by AIDA Cruises has been refused entry at the port of Castries, Saint Lucia.
Van Oord Opts for Seatools
The subsea technology company Seatools has completed the delivery of a CT umbilical winch – on behalf of its client Van Oord. The winch will power Van Oord’s new subsea trencher “Deep Dig It,” which will be deployed during cable installation operations at an offshore wind farm later this year. “The
Seatools Umbilical Winch for Van Oord’s Subsea Trencher
Subsea technology company Seatools has completed the delivery of a CT umbilical winch on behalf Van Oord. The winch will power Van Oord’s new subsea trencher “Deep Dig It,” which will be deployed during cable installation operations at an offshore wind farm later this year. According to Seatools, th
Work Continues in the Manitowoc Dredge Material Disposal Facility
Dredge material maintenance work has continued in the Manitowoc Dredge Material Disposal Facility in Manitowoc, Wisconsin, according to the U.S. Army Corps of Engineers, Detroit District. In the latest update on the project, USACE said that the intent of this maintenance work is to utilize dredge ma
New Seawall for Consuelo
The Philippines’ Department of Public Works and Highways (DPWH) – Surigao del Sur 1st District Engineering Office (1st DEO) has constructed a Consuelo seawall, located in Brgy, Consuelo, Surigao del Sur and aimed to provide protection to the people and properties in these areas. The seawall which ha
KBR secures work on mega project offshore Abu Dhabi
KBR has been awarded a major project management consultancy (PMC) services contract by Abu Dhabi National Oil Company (ADNOC) for the Ghasha Concession portfolio of projects.