The U.S. Army Corps of Engineers, Middle East District, awarded a contract for a floating pier and associated dredging in Iraq. The contract was awarded on April 29, to PAT GD JV LLC of Rochester Hills, Michigan, for $24.4 million. The contract calls for the design and construction of a new floating
McDermott International, Inc.today announced financial results for the quarter ended March 31, 2014. The Company reported a first quarter net loss of $50 million or $0.21 per fully diluted share, and an operating loss of $42 million. The Company reported first quarter revenues of $604 million, a dec
GE Oil & Gas today unveiled its next-generation blowout preventer (BOP) program that will make 20,000 pounds per square inch (20 ksi) subsea formations the next frontier in offshore oil and gas exploration. BOPs are critical pieces of subsea drilling equipment—in effect, 60-foot tall valves weighing
Deep Sea Mooring (DSM), a leading supplier of mooring solutions and services for the offshore industry, is backing the launch of a new, specialist business dedicated to subsea installation solutions. Deep Sea Installation (DSI), which will initially focus on the FPSO segment, is opening in Singapore
Each year, the Offshore Technology Conference (OTC), taking place May 5-8 in Houston, recognizes innovative technologies that have industry-changing potential in the energy sector. The “Spotlight on New Technology Awards” showcase the latest and most advanced hardware and software solutions that are
Costa Crociere and Titan Micoperi started the sponson installation on the Costa Concordia wreck site after obtaining the Monitoring Observatory authorization. During the operations on May 06, S11 starboard sponson was installed, which leaves 12 starboard side sponsons to be installed and 4 on the po
Representatives from the U.S. Army Corp of Engineers will be attending a public meeting about the proposed dredging project of the Lake Worth Inlet. This meeting is scheduled for Tuesday, May 13, 2014, at Palm Beach Government Center, Commission Chambers 301 N Olive Ave., West Palm Beach. Business l
The development of the Hejre field will be the largest oil and gas development in the Danish sector of the North Sea for many years, and will significantly boost Denmark’s status as being self-sufficient in oil and gas. The field is located in the central part of the North Sea near the Danish/Norweg
The pump manufacturer Ruhrpumpen has chosen Trelleborg Gimbal Mountings for its water injection package for LNG in Gjerdrum, Norway. The package is placed on a special designed Floating Production, Storage and Offloading (FPSO) unit from Sevan Marine, the “Sevan Voyageur”. Trelleborg’s gimbal mounti
Hydrex diver/technicians have done propeller blade cropping on bulk carriers in Spain and France. In Algeciras the four propeller blades of a 170-meter vessel were cropped. A similar operation was carried out on a 229-meter ship during her stay in Dunkirk. Having developed different procedures for d
Hydrex diver and technician team carried out underwater stern tube seal repairs on a 157-meter dredger in Montevideo, Uruguay. The ship was suffering from an oil leak, making an onsite repair necessary. Using a Hydrex flexible mobdock the team was able to carry out the entire operation on-site and u
In a press conference during the Offshore Technology Conference, Wild Well announced a joint agreement with Check-6 to develop the next generation of well control training for the oil and gas industry. The partnership will result in a new standard of training by providing the industry with access to
The Maine Department of Transportation (MaineDOT) is seeking a permit from the U.S. Army Corps of Engineers, New England District, to conduct work in waters of the United States in conjunction with placing stone fill to stabilize an eroding bank adjacent to Route 149 in Phillips, Maine. The Maine De
Legislation (HB 5289) spearheaded by Speaker of the House Brendan Sharkey (D-Hamden) that creates a state Port Authority to oversee and promote Connecticut’s three deep water seaports was passed by the House of Representatives yesterday. “Our ports are underutilized commercial hubs that represent an
