Business & Finance

Best of 2019
Subsea World News brings you the most popular articles from 2019. The Best of 2019 represents the readers’ choice, based on the monthly statistics and general interest in the articles. The most read articles of 2019 were: https://subseaworldnews.com/2019/08/27/technipfmc-splits-in-two/ This content
HAPPY NEW YEAR 2020!
Subsea World News team wishes all our readers and their loved ones a happy and prosperous New Year! HAPPY NEW YEAR 2020!
Pandion Energy Completes Duva Stake Sale to Solveig Gas
Pandion Energy has completed the sale of 10% non-operated interests in PL 636, comprising the Duva oil and gas field, and PL 636B to Solveig Gas. The Duva oil and gas field is located in the northern North Sea and was discovered in the autumn of 2016. The Plan for Development and Operation (PDO) was
New Member Joins Integral
Patrick Friend has joined science and engineering firm Integral Consulting (Integral) as a strategic advisor to support its Marine Science and Engineering practice. Dr. Friend has a Ph.D. in sediment dynamics from the University of Southampton’s National Oceanography Centre, and more than 20 years o
Boxship Fully Operational After Allision with Shore Pier in Bosphorus
Songa Iridium, a ship that ran aground in the Bosphorus Strait on December 27, is now fully operational.
To Our Valued Readers – Happy New Year 2020!
Dear Readers, The Dredging Today editorial team wishes you a happy and prosperous 2020! We would like to thank you all for being with us in this momentous year of 2019, where the dredging sector bloomed amazingly. We hope you stay with us through this exciting ride and follow our contribution to the
PHOTO: Fresh Green Jacket for TSHD Nile River
DEME Group’s 17,000 m³ trailing suction hopper dredger (TSHD) Nile River is getting into the new year with a fresh green jacket, the company said in their latest announcement. After a dry dock period in Singapore, the TSHD is now ready to head to her next project in Asia. Earlier this year, Alewijns
Integral Adds Strategic Advisor
Patrick Friend has joined science and engineering firm Integral Consulting (Integral) as a strategic advisor to support its Marine Science and Engineering practice. Dr. Friend has a Ph.D. in sediment dynamics from the University of Southampton’s National Oceanography Centre, and more than 20 years o
Fugro Becomes Sole Owner of Seabed Geosolutions
Fugro has entered into an agreement to acquire CGG’s 40% shareholding in Seabed Geosolutions. This will terminate the Seabed Geosolutions’ joint venture agreement effective December 30, 2019 in exchange for a cash consideration of USD 35 million, paid by CGG before year-end 2019. The proceeds will b
Jobs Up for Grabs at Quoceant
Quoceant, an independent engineering consultancy based in Edinburgh, is looking for a mechanical engineer and a senior mechanical engineer to join its team. Quoceant delivers full system solutions for novel marine applications. In a senior mechanical engineer role, the person will be in charge of a
Fugro to become sole owner of Seabed Geosolutions
Dutch geophysical services provider Fugro has entered into an agreement to acquire CGG’s 40 percent shareholding in Seabed Geosolutions.
DOF Moves Forward with Refinancing Negotiations
DOF Group has made progress is negotiating with its banks and bondholders with a view to finding sustainable long-term financing structure that is aligned with the current market environment. The bondholders in each of DOFSUB07, DOFSUB08 and DOFSUB09 bond loans resolved to continue and extend the en
Diana Shipping Offloads 14-Year Old Panamax
The ship is sold for USD 7.275 million before commissions, and it is scheduled for delivery by January 30, 2020.
India Reservoir Update: IHC Equipment Positioned in Yamuna River
Royal IHC, a supplier of equipment, vessels and services for the offshore, dredging and wet mining markets, has just released another update from the reservoir dredging pilot scheme in India. According to their official announcement, “with the arrival of all IHC equipment and the work boat on site o