Business & Finance
BP awards ‘key contracts’ for $6 billion worth Caspian Sea project
Oil major BP, as operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field development, has awarded key contracts for the the Azeri-Central-East (ACE) project located in the Azerbaijan’s sector of the Caspian Sea.
Creating New Harbor in Malongo, Angola
The Port of Malongo in Angola is currently undergoing a major facelift. A completely new harbor area is being created, and the old part is demolished. The new part will also be deepened to allow access for sea going vessels and the buried structure of old dock on seabed will be demolished. The total
Boskalis Signs Deal to Build Oil Export Terminal in Iraq
The project includes the construction of 4 loading berths, a breakwater berth and two offshore pipelines.
Cargill, Maersk Tankers Team Up in the MR Segment
With Cargill’s fleet of up to 20 vessels, the Maersk Tankers’ pool would consist of over 60 tankers.
Meyer Turku Pushes Delivery of Costa Smeralda to November
Costa Cruises’ 1st LNG-powered ship will be delivered in mid-November, a month later than the initial deadline.
Vaalco seeks London listing ‘to support growth strategy’
Houston-based oil and gas company Vaalco Energy has revealed its intention to list on the main market of the London Stock Exchange (LSE) to broaden shareholder base and access future capital to support growth strategy.
CSS Acquires Hydratight’s MORGRIP Connector Business
Connector Subsea Solutions (CSS) has signed an agreement for the acquisition of Hydratight’s MORGRIP Connector business in Walsall, UK. Over the last six years, CSS and Hydratight have collaborated to deliver subsea pipeline repair projects. The MORGRIP Connector business will become an integral par
VBA Wins Flood Defense Work in Keswick
VBA, a joint venture between VolkerStevin, Boskalis Westminster and SNC-Lavalin’s Atkins business, has been awarded a £2m project by Cumbria County Council with additional funding from the Environment Agency, the Regional Flood and Coastal Committee and Keswick Flood Action Group, to help protect pr
Kvaerner to Grow in Two New Focus Areas
Kvaerner has established two new focus areas to grow its operations within both oil and gas projects and in renewable industries. With the new focus areas, the group is aiming for around 40 per cent growth within a few years, compared to revenues in 2018. Going forward, Kvaerner will expand operatio
Protecting Southsea Beach West
Portsmouth City Council is carrying out a shingle recycle at Southsea Beach West in Hampshire to improve the current beach levels. Work, which is due to start on Tuesday, 17th September, will be carried out by Les Searle Plant Hire and Sales Ltd. and should take approximately five days to complete.
UK Airport Goes Fully Green with Ørsted Deal
The Bristol Airport in the UK has signed an agreement with Ørsted to have 100% of its electricity supply powered by renewables. Under the three-year agreement, Bristol Airport’s annual electricity use of 17 million kWh will be powered entirely by renewable sources. Over the duration of the contract,
Kvaerner eyes growth in new areas within oil and gas and renewable industries
Norwegian engineering and construction services company Kvaerner has established two new focus areas to grow its operations within both oil and gas projects and in renewable industries.
MPC Container Ships, Ahrenkiel Join Trident Alliance
The companies committed to comply with the new IMO 2020 maritime sulphur regulations.
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (September 9-15, 2019). First Phase of Fountain Lake Dredging Almost Done The dredging contractor, J.F. Brennan Company, Inc., conducted a survey of the Fountain Lake last Friday, September 6, showing the dredging