Business & Finance
Sidmouth Beach Plan on Display
Members of the Sidmouth Beach Management Scheme Steering Group met on 22 August for an update on the project’s progress, as well as a review of the rigorous data gathering and analysis carried out to identify ways of protecting the town from coastal flooding and slowing down the rate of erosion on E
IMCA Welcomes New Technical Adviser
International Marine Contractors Association (IMCA) has appointed Reza Yaghoobi as the technical adviser – Marine specializing in DP electrical, control and automation. He has joined the global trade association from London Energy where he was electrical and instrumentation engineering manager. Reza
Total Picks Subsea 7 for Lapa Field Work Off Brasil
Subsea 7 has secured a contract from Total for the development of the Lapa North East field offshore Brasil. The field is located approximately 300 kilometres off the coast of the State of São Paulo, at 2,150 metres water depth in the pre-salt Santos Basin. The work scope includes the transport, ins
Weatherford confirms $80M line-hanger deal with Equinor
U.S. oilfield services player Weatherford has said it has signed an $80 million liner-hanger frame agreement with Norway’s Equinor.
Navios Holdings Sells Its Ship Management, Inks Five-Year Services Deal
The ship management division was sold to N Shipmanagement Acquisition Corp. and related entities.
OGTC Announces TechX Pioneers Programme Graduates
Eleven companies have graduated from the Oil & Gas Technology Centre (OGTC) TechX Pioneers Programme – a technology accelerator and incubator helping start-ups take their solutions to the energy market. In four months, the 11 pioneering companies have completed more than 200 meetings with industry l
Readers’ Picks of the Week (August 26 -30, 2019)
Here are the most popular news from last week.
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (August 26 – 31, 2019). PHOTO: DEME Dredgers Working in Africa DEME Group has just unveiled this photo from a challenging port expansion project completed in Ghana. Royal IHC Lays Keel of Two Custom-Built CSDs L
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (August 26 – September 01). https://subseaworldnews.com/2019/08/27/technipfmc-splits-in-two/ https://subseaworldnews.com/2019/08/26/jfd-to-re-establish-closed-bell-diver-training/ https://subseaworldne
Highlights of the Week
MarineEnergy.biz has compiled the top news from marine energy industry from August 26 – September 01, 2019. https://marineenergy.biz/2019/08/26/orbital-lands-3-4m-saltire-prize/ https://marineenergy.biz/2019/08/28/amog-marks-first-power-milestone/ https://marineenergy.biz/2019/08/29/qed-naval-to-dev
All Set for the Next Phase of Newport Flood Protection Scheme
The next phase of a scheme to increase flood protection for people in more than 600 properties in South East Wales will begin this year, reports the Natural Resources Wales (NRW). The scheme will reduce the flood risk to the low-lying area around the Crindau and Shaftesbury areas of Newport which ha
Challenging Markets Still Hurt MPC Container Ships’ Earnings
Challenging shipping markets continue to affect earnings of MPC Container Ships.
Boskalis Subsea Services Seeks New Ideas for SURF Arena Play
Boskalis Subsea Services is creating new opportunities for the supply chain by inviting companies to come forward with fresh, innovative ideas and new technology. Aberdeen-based firm, which secured a series of inspection, repair and maintenance (IRM) projects in the North Sea, said it is also turnin
Equinor Completes Increase of Interest in Johan Sverdrup
Equinor has completed the sale of shares in Lundin Petroleum and acquisition of further direct interest in Johan Sverdrup field. Equinor agreed to divest a 16 percent shareholding in Lundin for a direct interest of 2.6 percent in the Johan Sverdrup field and a cash consideration of around USD 650 mi