Business & Finance
Works on Sea Defenses in North of Portsmouth About to Begin
The next stage of the North Portsea Island Coastal Defense scheme is underway, Eastern Solent Coastal Partnership reports. The next set of defenses, the fourth of five phases which make up the £58m North Portsea Island Coastal Defense Scheme, has been split into two sections: Kendall’s Wharf and Eas
One-Dyas agrees Kowe terms with Gabon
The Dutch oil and gas firm ONE-Dyas has concluded its negotiations with the Gabonese authorities to extend its participation in the Kowe offshore block.
2G Robotics Adds Data Module to ViewLS Software
2G Robotics has released a Data Module for their ViewLS software which enables the automatic enhancement of laser point cloud and stills image data. The ViewLS Data Module combines raw laser data with navigational data from industry standard sensors to create geo-referenced laser models. The resulti
New Jersey Gets Offshore Wind Working Group
The New Jersey Department of Environmental Protection (DEP) has established an environmental resources working group aimed at providing guidance for achieving the state’s offshore wind goals. The offshore wind working group will include representatives from commercial and recreational fishing indust
Weatherford Makes Management Changes
Weatherford International has appointed Christian Garcia as executive vice president and chief financial officer, effective January 06, 2020. He will take over from Christoph Bausch who will step down as executive vice president and chief financial officer on November 14, 2019 to pursue other opport
Royal IHC Preps Reel Lay System for Shanghai Salvage
Royal IHC has hit a milestone in the design and build of an integrated 550t reel lay system for Shanghai Salvage. It will be the first reel lay system in the Chinese market and moreover, it will be one of the largest and most sophisticated reel lay systems worldwide. Namely, this month, the tower an
MPS Gets Funding Boost for Wind and Wave Tech Development
Marine Power Systems (MPS) has secured £4.3 million grant by the European Regional Development Fund to accelerate the development of a floating offshore wind and wave technology that could transform the opportunities for energy generation in deep water locations. The EDRF funding, which is part of a
ExxonMobil Gets Approval for Assets Sale to Vår Energi
ExxonMobil has received approval from European Commission to sell its non-operated upstream assets in Norway to Vår Energi, a company owned by Eni and HitecVision. The Commission concluded that the proposed acquisition would raise no competition concerns given the companies’ moderate combined market
Marine Power Systems Secures Grant for Wind-Wave Tech
Marine Power Systems (MPS) has secured GBP 4.3 million by the European Regional Development Fund to accelerate the development of DualSub, a technology that combines floating offshore wind and wave energy. The funding, part of a GBP 6.2 million project under the Cornwall and Isles of Scilly Local En
PGS to Support Seabed 2030 Project
From 2020, all vessels in the PGS fleet will share bathymetry information collected using echo sounders, with The Nippon Foundation-GEBCO Seabed 2030 Project. The project aims to map the entire ocean floor by the year 2030. The bathymetric data will support Seabed 2030’s crowdsourced bathymetry init
India Approves Sale of Shipping Corporation of India
India’s government has approved the sale of a majority stake in Shipping Corporation of India (SCI).
Triton Knoll Gives to Charity
Six charities from Lincolnshire, UK, have received a share of a GBP 12,000 charity fund pot from Siemens and the Triton Knoll offshore wind project. The donations are part of an initiative which promotes and rewards excellence in health and safety amongst staff and contractors working at the onshore
Triton Knoll Gives to Charity
Six charities from Lincolnshire, UK, have received a share of a GBP 12,000 charity fund pot from Siemens and the Triton Knoll offshore wind project. The donations are part of an initiative which promotes and rewards excellence in health and safety amongst staff and contractors working at the onshore
Norwegian Cruise Line’s Newest Ship Christened in Miami
Norwegian Cruise Line hosted a christening ceremony for Norwegian Encore in Miami on November 21.