Business & Finance
Hayling Island Works Wrap Up
Eastern Solent Coastal Partnership (ESCP) said in their latest announcement that the beach nourishment works on Hayling Island are now successfully completed. The 2nd November storm event, which occurred the day after the dredger left site, overtopped the beach, leaving shingle and seawater on the p
SeaBird eyes new OBN source contract
Norwegian seismic company SeaBird Exploration has received a letter of intent for the exclusive provision of source vessel services for an OBN survey in the Eastern Hemisphere.
ADNOC awards project management consultancy deal to Penspen
Engineering and management services provider Penspen has been awarded a project management consultancy (PMC) framework agreement from the Abu Dhabi National Oil Company (ADNOC).
S&P Raises Global Ship Lease’s Credit Rating
New charters at favorable rates and extended debt maturities were just some of the factors that led to the upgrade.
Readers’ Picks of the Week (November 4-8, 2019)
Here are the most-read stories of the previous week.
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (November 4 – November 10, 2019). USACE Officials Tour Corpus Christi Dredging Maj. Gen. Scott A. Spellmon, Deputy Commanding General for Civil Works and Emergency Operations, U.S. Army Corps of Engineers, Headqua
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (November 04 – November 10). This content is available after accepting the cookies. Change cookie-settings View on Subseaworldnews. Dof Grabs Several Contracts In Trinidad And Us Gom https://subseaworl
Highlights of the Week
MarineEnergy.biz has compiled the top news from marine energy industry from November 04 – November 10, 2019. https://marineenergy.biz/2019/11/05/sbm-offshore-to-deploy-wec-prototype-off-monaco/ https://marineenergy.biz/2019/11/08/orpc-secures-7-5-million-in-private-financing/ https://marineenergy.bi
All Hohe See Turbines Producing Power
The Hohe See offshore wind project commenced operations in October with turbines connected and feeding electricity into the grid, according to Enbridge. Enbridge has reported in its Q3 2019 financial results that the 497MW wind farm is expected to be fully operational in the fourth quarter of 2019.
Baker Hughes Bags Apache Subsea Deal
Baker Hughes said that is has been awarded a multi-year subsea frame agreement by Apache’s North Sea subsidiaries. The deal will see Baker Hughes deliver a suite of subsea equipment and services including six trees, wellheads and an associated service package. Romain Chambault, Europe director, oilf
EMGS Swings to Profit
Norwegian geophysical services company EMGS has returned to profit as revenues hiked more than fourfold for the period ended September 30, 2019. The Oslo-listed company reported profit for Q3 2019 of $5.1 million or 4 cents per share, versus loss of $11.2 million in Q3 2018. Revenues for the quarter
SeaBird in Strategic Overhaul as Loss Continues
Oslo-listed SeaBird said it will focus on a more asset-light and flexible business model after recognizing a continuous widened quarterly loss. For the period ended September 30, 2019, seismic player booked loss of around $5.1 million, compared to loss of $4.6 million in the corresponding period in
Shell Marine and CCCC Dredging Enter Framework Agreement
Shell Marine has signed a framework agreement with CCCC Dredging (Group) Co. Ltd of China to supply marine lubricants and provide technical services across the Chinese company’s fleet. In addition to the supply of Shell Marine’s comprehensive range of lubricating oils designed for every shipboard ap
Van Oord Announces New Executive Governance Structure
The Executive Board of Van Oord has announced that as of 1 January 2020, Paul Verheul will take over the position of Hans van der Ven and has been appointed as Executive Director of MerweOord B.V., the Van Oord family holding company. According to Van Oord, it’s the intention that Paul will also be