Business & Finance
Odfjell Drilling to provide platform drilling services at ConocoPhillips’ Greater Ekofisk Area
Offshore driller Odfjell Drilling has been awarded the contract for platform drilling and maintenance and minor modifications for ConocoPhillips offshore Norway.
Hyundai Heavy Sells USD 1.2 Bn Stake in Hyundai Oilbank to Saudi Aramco
South Korean HHI Group has completed the sale of a 17% stake in oil refiner Hyundai Oilbank to oil giant Saudi Aramco.
Axxis Geo Solutions OBN Deal Hits Snag
Axxis Geo Solutions (AGS) said that letter of intent from September this year for a large OBN survey has not been finalized due to contract delays to its client. Namely, the final contract award is subject to its client obtaining a separate contract award from their partners. AGS has learned that it
Mast: Huge Victory for Everglades
At the urging of Florida Congressman Brian Mast, the U.S. House of Representatives yesterday passed a critical increase in funding for Everglades restoration. The appropriations package will nearly triple funding for South Florida Ecosystem Restoration, which funds the Everglades Agricultural Area S
Tristar Group Expands Fleet with Its 1st LNG Carrier
Tristar Group has taken delivery of its first liquefied natural gas (LNG) tanker, the 2008-built Tristar Ruby.
Axxis Geo Solutions still waiting for OBN survey award
Axxis Geo Solutions (AGS), a Norwegian ocean bottom node seismic company, has delayed the formalization of a letter of intent into a final contract for a large OBN survey.
HES Hartel Tank Terminal Handed Over to the Owner
In recent months significant progress has been made in the development of the 1.3 million cbm HES Hartel Tank Terminal, a project of HES International. Construction works for building the tanks and the related piping are in full swing and Port of Rotterdam Authority has completed works on the mariti
MHI Vestas and Ziton Expand Cooperation
MHI Vestas has signed a framework agreement extension with Ziton A/S to include sites where its 8.0-10MW V164 turbine model is installed. The extension also introduces the possibility for MHI Vestas to utilize the jack-up vessels provided by Ziton for preparation and commissioning work in connection
Jan De Nul Completes Liepaja Port Dredging
Jan De Nul Group has successfully completed the capital dredging works for the improvement of Liepaja Port in Latvia. The scope for Jan De Nul Group entailed the removal of 2.7 million m³ of sediments to deepen the port access channel from 12.5 m to 14.5 m, and to create a new navigation channel of
Klutina Wins Missouri Levee Deal
The U.S. Army Corps of Engineers, Omaha District, awarded last week a $12 million construction contract to Klutina River Contractors of Irvine, California, to continue interim repairs on the Missouri River Levee System L-594. The focus of this contract will be the closure of two of the outlet breach
EU Officially Launches In-Depth Investigation into HHI’s DSME Deal
The European Commission has opened an in-depth investigation to assess the proposed acquisition DSME by Hyundai Heavy.
Sif Monopiles for Saint-Nazaire
Eiffage Métal has awarded Sif Holding a contract for the delivery of 80 monopiles and the primary steel for 80 transition pieces for the Saint-Nazaire offshore wind farm in France. Sif’s scope comprises manufacturing of the monopiles, storage at its MV2 facility and delivery at its deep sea quay sid
Forum UK Beefs Up Its Hyperbaric Testing Facility
Forum Energy Technologies has completed a three-month upgrade to its hyperbaric testing facility, which, according to the company, will result in an operational time saving to client of more than 35 per cent. Located at the company’s Kirkbymoorside base in North Yorkshire, UK, the pressure test tank
Huge Bipartisan Appropriations Bill Passed
The U.S. House of Representatives yesterday overwhelmingly passed a sweeping FY 2020 budget (297 in favor and 120 opposed). If the U.S. Senate passes the Bill on Thursday, and President Trump signs the legislation, then there will not be a government shutdown. In the House approved domestic appropri