Business & Finance
Arnout Damen Takes Helm of Damen Shipyards Group
Damen Shipyards Group has named Arnout Damen as the new CEO, effective January 01, 2020. At the same time, the shipbuilding company is switching to a divisional structure to serve the market more effectively and efficiently. Arnout Damen takes over from René Berkvens, who has been the CEO of Damen S
TOP Ships Nets USD 60.2 Mn for Its Recently Acquired MRs
TOP Ships inked a financing deal with an undisclosed Chinese financier for its recently acquired two newbuilding duo.
Woodside firms up gas supply deal with Uniper
Woodside has entered into a long-term sale and purchase agreement (SPA) with Uniper for the supply of LNG from Woodside’s global portfolio, including the Scarborough gas field offshore Australia.
IHC Reservoir Dredging Update
Royal IHC has just released another update from the reservoir dredging pilot scheme in India, saying that a downstream HDPE discharge pipeline has been placed from dam to disposal site. For the floating pipeline, locally sourced drums will be used as floaters and are attached to the pipeline. “One o
Repairing Ocean View Channel
The U.S. Army Corps of Engineers’ Los Angeles District and the Orange County Flood Control District have successfully completed flood channel repairs before Southern California’s flood season. The agencies hosted a ribbon cutting ceremony to highlight the completion of repair work on Ocean View Chan
TenneT Secures EIB Funds for Grid Project
The European Investment Bank (EIB) has approved funding for the Tennet South-West 380KV West grid project in the Netherlands. EIB will provide around EUR 250 million in funding for the project valued at around EUR 509 million. The TenneT South-West 380KV West comprises the construction of the electr
TenneT Secures EIB Funds for Grid Project
The European Investment Bank (EIB) has approved funding for the Tennet South-West 380KV West grid project in the Netherlands. EIB will provide around EUR 250 million in funding for the project valued at around EUR 509 million. The TenneT South-West 380KV West comprises the construction of the electr
Port of Oswego Feasibility Study Underway
The U.S. Army Corps of Engineers, Buffalo District, received approval and funding recently to initiate the Feasibility Study for the deepening of the Port of Oswego’s navigation channel. The study will look at options to improve the economic efficiency of the harbor and the cost of making those impr
Shoalwater Bay Work Wraps Up
The U.S. Army Corps of Engineers, Seattle District, has completed work responding to a request for assistance from the Shoalwater Bay Indian Tribe to help with the tribe’s efforts to repair a flood risk reduction berm near Tokeland, Washington. Crews have been onsite since December 19 conducting 24-
OSIL Giant Piston Corer System for CSIRO
The Commonwealth Scientific and Industrial Research Organisation (CSIRO) in Australia has purchased a 24m Giant Piston Corer system for the RV Investigator from Ocean Scientific International Ltd (OSIL). The modular deep sea sediment coring system comprises four 6m-long barrels, a stainless steel he
Ithaca extends charter for Eidesvik’s supply vessel
Eidesvik Offshore has been awarded a one-year contract extension with Ithaca Oil and Gas for the Viking Princess vessel.
Equinor renews Magseis Fairfield’s reservoir monitoring deal
Equinor has renewed Magseis Fairfield’s management and operational contractual relationship for the permanent reservoir monitoring (PRM) containerized source for the Snorre and Grane fields located offshore Norway, for a further four years. The system, designed and delivered in 2013, has been operat
Representing USAR at CEDA Dredging Days
Exo Environmental Ltd. recently attended the CEDA Dredging Days conference in the Ahoy Rotterdam, taking the opportunity to represent and promote the USAR project. CEDA Dredging Days is the flagship conference of the Central Dredging Association (CEDA) and is the main event on the dredging industry
Boskalis hired to connect offshore FSRU to power plant
Boskalis has been awarded a sizable contract to connect an offshore Floating Storage and Regasification Unit (FSRU) to an onshore power plant in El Salvador.