Business & Finance
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
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
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (November 11 – November 17). This content is available after accepting the cookies. Change cookie-settings View on Subseaworldnews. Report Major Industry Move Ahead As Saipem And Subsea 7 Enter Merger
Oldendorff, Phaethon Hire Diana’s Bulkers
Athens-based dry bulk vessel owner Diana Shipping has entered into new time charter contracts for two of its ships.
Readers’ Picks of the Week (Nov. 18-22, 2019)
Here are some of the most read articles of the week.
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (November 18 – 24, 2019). Avalon Beachfill Scheme Completed The hydraulic beach fill project for Avalon, NJ, undertaken by Great Lakes Dredge and Dock Company (GLDD), successfully concluded on Sunday, November 10t
Bluefield Geoservices Expands in Americas
Bluefield Geoservices, a UK-based provider of specialist subsea geotechnical services announced its expansion into the Americas. The company will initially open two offices in the US, one in the northeast US to serve the immediate demands of the offshore renewable energy market, and one in the south
Grimaldi RoRo Ship Catches Fire off Italy
A RoRo ferry operated by Italian Grimaldi Group caught fire off the coast of Livorno on November 21.
Akastor Names New CFO
Oilfield services investment company Akastor has appointed Øyvind Paaske as chief financial officer, effective March 1, 2020. He replaces Leif H. Borge who will remain in the position up to this date, after which he will assume a new position in a company outside the Aker group. Øyvind Paaske joined
Wilson Sells One, Buys Two Bulk Carriers
The new acquisition marks Wilson’s entry into the 5,000 dwt segment.
Damen DOP250 Creates New Island in Haringvliet
Damen Dredging Equipment was once again put to the test during a land reclamation project in Haringvliet, the Netherlands, for the contractor Martens en Van Oord. The Haringvliet – a large water body just south of Rotterdam – was closed off the North Sea in 1970 to protect the Low Lands. Recently, t