Business & Finance
Why You Should Apply for MEA Support?
Marine Energy Alliance (MEA) has issued guidelines for those considering applying for MEA support. Developers of early stage (TRL 3/4) marine energy technology concepts, make sure to continue reading. MEA project has a total budget of €6 million and is financially supported by Interreg North West Eu
Exmar Finances FLNG, VLGC Pair
Belgian owner and operator of gas carriers Exmar has secured two financing deals.
Lundin to change name amid plans to reach carbon neutrality by 2030
Swedish oil and gas company Lundin Petroleum has launched its Decarbonization Strategy, which targets carbon neutrality by 2030.
Bay Denesse Restoration Project Underway
Ducks Unlimited is working to restore 2,550 acres of coastal marsh approximately 2.5 miles northeast of Buras, Louisiana. The project will combine coastal restoration techniques of marsh terraces and crevasses to optimize sediment capture from the Mississippi River. Wetlands adjacent to the Mississi
HTL Intros Hydraulic Cutter for Offshore Industry
UK-based HTL has launched a bespoke hydraulic cutter for offshore industry market. In all industries where hazardous machinery and materials are present, safety is the optimum priority. Statistics show that 80% of errors which occur during manufacturing are due to human error. For this reason, many
BHP picks Doris for engineering services on Trion project offshore Mexico
BHP has contracted DORIS Inc. for the execution of engineer services for the SURF and Export Pipeline scopes of work of the Trion project located in the Mexican Sector of the Gulf of Mexico.
Britannia Beach Project Set for July
The riverbed in the swimming area of Britannia Beach, Ottawa, will undergo construction work from July to October, to restore the grade and proper water depth, reports the City of Ottawa. As a result, the beach will be closed to swimming and all other beach activities this summer. The dredging part
Bore’s LNG-Powered RoLo Newbuilds to Feature Wärtsilä Equipment
Wärtsilä won a contract to supply all the main equipment for Bore’s LNG-fueled shortsea RoLo vessels.
USACE Detroit District Reports Busy 2019
The U.S. Army Corps of Engineers, Detroit District recently completed a busy fiscal year 2019 awarding 204 contracts totaling nearly $75 million. This includes 28 construction and dredging contracts worth almost $57 million. Apart from completing projects in 2019, the Corps also announced that they
Jersey to take over Verbier operatorship from Equinor
Jersey Oil & Gas has entered into a conditional sale and purchase agreement to acquire operatorship of, and an additional 70% working interest in, Licence P2170 (Blocks 20/5b and 21/1d) from Norway’s Equinor.
Helicopter operators team up for offshore opportunities in Nigeria and West Africa
Belgium-based offshore helicopter operator NHV Group has entered into a teaming agreement with the Nigerian subsidiary of Baywood Integrated Group, Tropical Arctic Logistics (TAL).
MTCC MD Tours TSHD Mahaa Jarraafu
Adam Azim, the Managing Director at Maldives Transport and Contracting Company (MTCC), toured yesterday the company’s trailing suction hopper dredger (TSHD) Mahaa Jarraafu during her work on a land reclamation project in K. Maafushi in the Maldives. According to MTCC, the project will bring a soluti
Vaalco Energy’s non-executive director moves to president role
Houston-based oil and gas company Vaalco Energy has named a new president of the company, effective February 1, 2020.
Valaris investor gets seat on board of directors
Offshore drilling contractor Valaris has appointed a new member of its board of directors as part of the company’s board refreshment program.