Business & Finance
Crowdy Dredging Rescheduled
Dredging of the Crowdy Harbor Boat Ramp facility was set to begin on November 11, but has been rescheduled to start on November 25 due to the recent bushfire event, the New South Wales’ MidCoast Council informs. Under the plan, the council will undertake the dredging of sand that has built up on all
Energean inks another sales agreement for Karish gas
Energean Oil and Gas and MRC Alon Tavor have signed a gas sales and purchase agreement for the sale of approximately 0.5 Bcm/yr, or up to 8 Bcm over the term of the contract from the Karish field offshore Israel.
Performance Shipping Boosts Fleet with Aframax Tanker
Greek shipowner Performance Shipping has agreed to expand its fleet with an Aframax tanker.
Osbit Kits Out Sapura Vessel for OWF Project in Taiwan
Osbit has been awarded a contract by Sapura Energy to design and build an offshore wind turbine pile gripper system. The pile gripper will initially be used to support the development of WPD’s Yunlin offshore wind farm in Taiwan. The system will be installed on Sapura Energy’s heavy lift vessel and
REDI Funding for 33 Shoreline Resiliency Projects
Lieutenant Governor Kathy Hochul, New York State Department of Labor Commissioner Roberta Reardon, and Division of Homeland Security and Emergency Services Commissioner Patrick Murphy recently showcased 33 shoreline resiliency projects in Monroe County that are receiving an estimated $43 million in
Deep Casing Tools Boosts Asia Pacific Presence
Aberdeen-based oil and gas technology development company, Deep Casing Tools (DCT), has appointed two agents as part of strategic growth plans in the Asia Pacific region. DCT has appointed EFTECH, a provider of drilling services and optimisation, as its partner in Malaysia, while R&D Solutions has b
DOF bags new gigs in Asia Pacific for two vessels
DOF Subsea has received several contract awards for its vessels in the Asia Pacific region, securing 130 days vessel and resource utilization into 1Q 2020.
Jan De Nul Taps Correll Services for Changhua OWF Work
Electrical installation company Correll Services has recently been awarded a contract by Jan De Nul for the subsea & land cable termination & testing works on the Changhua Demonstration offshore wind farm in Taiwan. This is the company’s second job only weeks after completing its first project in Ta
XOCEAN Eyes Expansion with New €7.9M Investment Boost
Ocean data company, XOCEAN, has completed a €7.9-million funding round. The purpose of this funding is to support the company’s international scaling plans and was fully subscribed by existing shareholders. XOCEAN has recently delivered projects for clients including BP, Equinor, PX Group and the UK
Seabed Geosolutions eyes OBN survey job in Gulf of Mexico
Seabed Geosolutions, a joint venture between Fugro and CGG, has received a letter of intent for another 3D ocean bottom node (OBN) survey in an active area of the U.S. Gulf of Mexico for ‘a major energy company.’
Titan LNG Wraps Up 1st STS LNG Bunkering in Port of Ghent
Dutch LNG supplier Titan LNG has completed the first ship-to-ship LNG bunkering in the Port of Ghent, Belgium.
CDMCS Hosts Leadership in Safety Awards Dinner
The Council for Dredging and Marine Construction Safety (CDMCS) held its 2nd Leadership in Safety Awards Dinner on November 12th in Washington, DC to honor occupational safety and health excellence in the dredging industry. Held on the heels of a CDMCS Pipeline Task Force Meeting, the ceremonial ban
Flex LNG Secures USD 629 Mn Loan for Five Newbuilds
Flex LNG has secured a new USD 629 million financing for the five newbuilds scheduled for delivery in 2020.
Dredging Funded in Port of Seattle 2020 Budget
The Port of Seattle approved its 2020 budget and five-year capital plan yesterday, making room for future development projects. According to the port, the budget and capital improvement plan support regional economic and community priorities by investing in new developments. The Port of Seattle held