Business & Finance
Ahtna Marine Acquires Cavache
Ahtna Marine & Construction Company, LLC (AMCC), an Ahtna, Inc. company, has finalized acquisition of Cavache, Inc. a Florida-based dredging and civil construction firm. Cavache has been in operation for over 15 years and it’s 20 employees and vessel and marine equipment assets will be transitioned
Petroleum Air Services to deploy new helicopter for offshore operations in Egypt
Petroleum Air Services of Egypt will add a sixth AW139 intermediate twin helicopter to its fleet by year-end.
Magseis Fairfield enters into multi-client project agreement
Norwegian geophysical surveying and mapping services company Magseis Fairfield has entered into an agreement to participate in a multi-client project, expected to begin late in the first quarter of 2020.
Wintermar inks seven-year deals for two platform suppliers
Indonesia’s offshore vessel owner Wintermar has won contracts for two of its platform supply vessels from ‘a major oil and gas company.’
Former Maersk COO Toft Joins MSC as CEO
Toft joins MSC after spending the past 25 years at Maersk.
Spotlight on Port of Long Beach Deep-Draft Study
Col. Aaron Barta, commander of the U.S. Army Corps of Engineers Los Angeles District, along with representatives from the Corps LA District’s project delivery team and the Port of Long Beach officials, held a public meetings November 13 at the Port of Long Beach Administration building in Long Beach
Google’s Curie Subsea Cable All Set for Chile Transmission
Google’s Curie subsea cable from the United States to Chile has been successfully installed and tested. The cable is connecting it to Google’s network, and its is expected to begin transmitting data in Q2 2020, powering Google services like Gmail, Search, YouTube and Google Cloud. Equipped with four
Ampelmann Ups Offshore Lifting Game
Ampelmann has revealed a new access system that is said to be capable of transferring personnel and cargo of up to 5 tons. The E5000, with its full motion compensation, will be able to operate in high sea states, extending the weather window of operations, Ampelmann said. According to the Dutch comp
DOF gets contracts for four offshore vessels
DOF has been awarded a contract for three platform supply vessels (PSVs) and one anchor handling tug supply (AHTS) vessel.
Ocean Infinity Boosts Its AUV Fleet Power
Ocean Infinity, in partnership with Kraken Robotics, has reached what it calls a significant milestone in battery technology for autonomous underwater vehicles (AUVs). The new technology has now been tested following 18 months of research, development and trials, which was aimed at improving the saf
Sovcomflot’s Profit Soars as Tanker Market Strengthens
Sovcomflot closed Q3 2019 with a significant increase in net profit year over year.
Arnes Harbor Maintenance Dredging Project on the Way
Fisheries and Oceans Canada has issued its Notice of Determination saying that the proposed Arnes Harbor Manitoba – Routine Maintenance Dredging project is not likely to cause significant adverse environmental effects. Arnes Harbor is located at the West end of Lake Winnipeg at the mouth of the Drun
Bourbon to support Total’s drilling operations offshore Namibia
French offshore vessel owner Bourbon has been awarded an integrated logistics contract by compatriot oil major Total in Namibia.
UK Exporting Renewables to Six Continents – Report
UK-based onshore and offshore wind, wave and tidal energy companies are now exporting their products and services to 37 countries across six continents, a report published by RenewableUK shows. Using an illustrative sample of companies involved in the sector, “Export Nation” reveals that 47 UK firms