Business & Finance

All Set for ‘Mouth Bar’ Dredging
The City of Houston, Texas, has issued a Notice To Proceed (NTP) for debris removal services, specifically large silt deposits at the confluence of the West Fork of the San Jacinto River and Lake Houston, commonly referred to as the “mouth bar”. The City, through its contractor DRC Emergency Service

Michigan Senators Highlight Coastal Erosion and Dredging Needs
Michigan Senators Debbie Stabenow and Gary Peters have urged the Department of the Army and the Office of Management and Budget to help Michigan communities effected by high water levels in the Great Lakes and inland waterways. According to the officials, extreme weather, flooding and erosion have l

Shearwater Wins Gambia Seismic
Shearwater GeoServices has been awarded a 3D Isometrix seismic acquisition project by FAR Gambia. The one-month survey will cover parts of block A5 offshore Gambia in the Mauritania, Senegal, Gambia, Guinea-Bissau, Conakry (MSGBC) Basin. It will be acquired by the SW Amundsen and provide new seismic

FAR taps Shearwater for Gambian seismic survey
Shearwater GeoServices has been awarded a 3D Isometrix seismic acquisition project by FAR Gambia.

2020: New Year, New Call and New Opportunities
The Second Call for Applications of the Marine Energy Alliance (MEA) has opened as of January 01, 2020. Are you looking for support? Get yourself prepared to join this call. MEA aims to progress the technical and commercial maturity level of early-stage (TRL 3 – 4) marine energy technology companies

USACE Closes Three Breaches on Missouri River Levee System
The U.S. Army Corps of Engineers, Omaha District, closed three breaches along Missouri River Levee System L-550, located near Missouri River Miles 524 and 525 southeast of Rock Port, Missouri, over the weekend. These are the third, fourth, and fifth breaches that have been closed under the current c

New boss to take the helm at Ocean Installer
Ocean Installer has appointed Odd Strømsnes as the company’s new chief executive officer.

UK’s oil and gas regulator makes three new appointments
UK’s oil and gas industry regulator, Oil and Gas Authority (OGA), has made three new appointments to its leadership team.

Alpha Adriatic Sells Detained Tanker
Alpha Adriatic has reached an agreement with an international banking syndicate to sell a detained tanker.

Report: DSME Eyes USD 6.8 Bn Orderbook Target in 2020
DSME has set sights on obtaining USD 6.8 billion worth of orders in 2020.

WOSI Dune Road Project on the Way
On Wednesday, January 8, 2020, the U.S. Army Corps of Engineers will open a solicitation of bids for the West of Shinnecock Inlet (WOSI) Dune Road Project. According to the Congressman Lee Zeldin, the project will include the placement of approximately 600,000 to 800,000 cubic yards of sand to resto

Qatar Petroleum, KPC Pen LNG Supply Deal
Kuwait secures the influx of LNG.

Norden Bets on Tankers as It Sets Sights on IMO 2020 Opportunities
Norden A/S is starting 2020 with a bolstered tanker fleet.

Gamuda JV Wins $227M Seawall Contract in Taiwan
A Malaysian-Taiwanese joint-venture firm, owned 70% by Gamuda Bhd, has won a $227 million contract to construct a seawall and dike project in Taiwan. According to the Gamuda’s latest release, the five-year contract was awarded by Port of Keelung, Taiwan International Ports Corp Ltd, a Taiwan state-o