Project & Tenders
News in Photos: North Topsail Beach Restoration
The fifth phase of the North Topsail Beach Shoreline Protection Project is well under way with Norfolk Dredging performing the work. Construction works on the project started in late 2014 near 3588 Island Drive with the aim to reach the Surf City line. Sand for this restoration project was taken off
NPRA Conducts Core Drilling to Map Subsea Tunnel Route
On the west coast of central Norway the Norwegian Public Roads Administration (NPRA) is carrying out a core drilling operation for a 15,5 km long subsea tunnel. Seismic surveys that have previously been carried out shows weakness zones in the rock that the tunnel must be drilled through. There may a
KIASMA Takes Part in Magdalena River Project
KIASMA and Odebrecht, through their Colombian subsidiary – Consortium Navelena Construction, have signed a cooperation agreement under which KIASMA will supply the HDPE floating pipelines with KFC system (for abrasion reduction) to be used for dredging operations on the Magdalena River in Colombia.
KrisEnergy hits oil at Rayrai-1 well, offshore Thailand
KrisEnergy Ltd. has said today that its Rayrai-1 exploration well in G10/48 in the Gulf of Thailand, has reached a total depth and encountered oil. Rayrai-1, which was drilled by the Key Gibraltar jack-up rig, at the area where KrisEnergy is developing the Wassana field, reached a total depth of 6,3
FlexTech Secures First Contract in Southeast Asia
Flexible pipe specialist FlexTech has established its first foothold in the Southeast Asian energy market by securing a contract with an oil and gas company in Vietnam. The project involves FlexTech engineers managing the system design, manufacturing, inspection and delivery of flexibles on a major
USACE on Track for the Sandy Recovery Work
In testimony on Capitol Hill before the House Transportation and Infrastructure subcommittee on Water Resources and Environment, April 22, Lt. Gen. Thomas P. Bostick praised The U.S. Army Corps of Engineers’ proficiency in the Sandy recovery work. According to the Army’s chief of engineers, the Hurr
New Licences for BHP Billiton Offshore Barbados
The Government of Barbados and BHP Billiton signed exploration licences for two offshore blocks, Carlisle Bay and Bimshire. These blocks are approximately 40 kilometers southeast of the island nation, total about 5,000 square kilometers and are located in waters ranging from approximately 1,200 to 2
Salix Creating the New Wildlife Reserve
Salix River & Wetland Services Limited has started dredging/desilting activities at the Woodberry Wetlands in East London. The work is part of the London Wildlife Trust’s £1.5 million project to bring new nature reserve to London, opening this summer. As part of the development, the company will be
Kraken Sonar Nets AquaPix Order
Kraken Sonar Systems Inc. has received an order for its AquaPix® Synthetic Aperture Sonar system from international defence contractor. Over the past 60 days Kraken has received orders exceeding $1.2 million with deliveries expected in the current financial quarter, the company informed. “AquaPix® i
New Study to Determine Necessary Improvements
Houston Port Commissioners awarded recently a contract to TCB/GBA Joint Venture for professional engineering and planning services in support of the U.S. Army Corps of Engineers’ feasibility study of modifications to improve the Houston Ship Channel system. That system includes the Houston, Barbours
RentOcean to Invest in Rental Equipment
Oceanteam Shipping informed that its subsidiary RentOcean has successfully signed a EUR 15 million revolving term loan facility provided by NIBC Bank N.V. According to the company’s filing to Oslo Stock Exchange, the facility matures in 3 years after the facility start date. Proceeds of drawdowns un
Aker Solutions Takes Profit Hit
Aker Solutions’ net income for the quarter fell to NOK 220 million ($28.7 million) from NOK 283 million ($37 million) in the same period last year. Earnings per share (EPS) fell to NOK 0.79 in the quarter from NOK 1.03 a year earlier. Earnings were impacted by costs of overcapacity in the maintenanc
Atlantis Resources Buys Marine Current Turbines
Atlantis Resources has reached an agreement to acquire the entire issued share capital of the Bristol-based tidal business, Marine Current Turbines Limited, (“MCT”) from Siemens AG in an all share deal. The acquisition is conditional upon certain conditions precedent being satisfied. Siemens will re
Panama: Final Gate for the New Locks
The Panama Canal Authority (ACP) has announced a key milestone in the Expansion Program, with the installation of the sixteenth and final gate for the new locks on the Pacific side of the Canal. The installation process began yesterday, April 28, at 12:00 PM (Panama Time) on the south end of the Can