Business & Finance
LSU Opts for Brailsford & Dunlavey Joint Venture
The Louisiana State University (LSU) Real Estate and Facilities Foundation, an affiliate of the LSU Foundation, has selected a joint venture of Brailsford & Dunlavey and CSRS as the project adviser for the University Lakes Project. The selection was made through the University Lakes Project Manageme
BNP Paribas, Credit Suisse Join Poseidon Principles
Two more banks have become signatories to the Poseidon Principles.
Hellenic Cables Gets Skiathos Interconnection Project
Greek TSO ADMIE has awarded Hellenic Cables and its subsidiary Fulgor the project for the interconnection of Skiathos island in the Aegean Sea to the mainland grid. The contract, worth approximately EUR 43 million, entails the supply and installation of the submarine and underground cable system. Th
NYK: Coal Carrier Newbuild Starts Working for Joban Joint Power
Tsuneishi Shipbuilding has delivered Sunshine Pride, a coal carrier operated by NYK.
EPA Announces Plan to Advance Detroit River Cleanup
The U.S. Environmental Protection Agency (EPA) has signed a $2.5 million agreement to design a project that will remediate contaminated sediment and create a substantial new habitat at the Ralph C. Wilson, Jr. Centennial Park, a waterfront park being developed in Detroit. The contaminated sediment i
Prysmian to supply steel tube umbilicals for Mero project
Prysmian has been awarded a contract by Libra, a consortium of international oil & gas operators, for steel tube umbilicals to be installed in the Mero oilfield, located offshore Brazil.
New executive VP and head of operations to join Talos Energy
Talos Energy has appointment of Robert Abendschein as Executive Vice President and Head of Operations, succeeding Stephen E. Heitzman, Executive Vice President and Chief Operating Officer.
Atlas Ocean Voyages Expands Fleet with Four More Ships
Atlas Ocean Voyages is adding four more ships to its fleet.
Baker Hughes sees 49 pct jump in adjusted profit
Baker Hughes saw its fourth quarter 2019 net income drop 63 percent when compared to the same period in 2018 while its revenues saw a small increase of 1 percent.
Baker Hughes Ups Q4 Adjusted Earnings, But Misses Forecast
Baker Hughes has reported profit of $48 million or 7 cents per share on GAAP basis for the quarter ended December 31, 2019. The result compares with $131 million profit in Q4 2018, and $57 million profit sequentially. Adjusted net income (non-GAAP) attributable to Baker Hughes was $179 million, up 4
Draft SEIS on Duckabush Estuary Restoration Project Available
The Washington Department of Fish and Wildlife (WDFW) has prepared a Draft Supplemental Environmental Impact Statement (Draft SEIS) titled “Duckabush Estuary Restoration Project”. According to the WDFW’s latest announcement, they prepared this Draft SEIS in compliance with the State Environmental Po
Wallenius SOL Picks MAN Cryo Fuel Gas Supply Systems for New RoRos
Wallenius SOL has selected MAN Energy Solutions’ LNG fuel-gas supply systems for its two new icebreaking RoRos.
Autonomous Ship Project Bankrolled by EU
The autonomous-ship project being developed by the Norwegian maritime cluster received around EUR 20.1 million grant.
Agate Construction Bags Hereford Inlet Gig
Agate Construction Co., a Clermont, New Jersey based company specialized in heavy marine and highway construction, has won a $9.2 million contract for repairs to the Hereford Inlet seawall. The project area is entirely within the municipality of North Wildwood City, New Jersey, and an estimated comp