Since the Atlantic Hurricane Season began on Sunday, the Brevard County announced that it has spent millions of dollars to prepare for it. For more than five months the County conducted a beach renourishment project to get Space Coast ready for a potential storm. MyNews13 quoted Mike McGarry, Brevar
Cheniere Energy’s unit Corpus Christi Liquefaction has entered into an LNG sale and purchase agreement (SPA) with Gas Natural Fenosa under which GNF has agreed to purchase approximately 1.5 mtpa of LNG upon the commencement of operations of Train 2 from the LNG export facility being developed near C
The deepening and widening of the Lake Worth Inlet, a part of the recently approved bill, is concerning officials of the Port of Palm Beach. Along with the officials, environmental advocates are also concerned over the impact of dredging on sea grass and reefs as well as endangered manatees, the Sun
The strong winds which create waves over eight feet tall are having a large impact on the Folly Beach renourishment project. The project which began in January is expected to be finalized by the end of June, News2 reports. 1.5 million cubic yards of sand will be dredged from the seafloor and placed
Sembcorp Marine has entered into an agreement to acquire a 12% stake in GraviFloat AS for $4 million, with a right to increase its stake up to 20% by further equity injection. GraviFloat was formed to design, deliver and operate re-deployable, gravity-based, modularised LNG and LPG Terminals for ins
The contract for dredging of the northern arm of Visakhapatnam Port has been awarded to the Dredging Corporation of India (DCI). According to The Times of India, this represents the last of three projects that Visakhapatnam Port Trust (VPT) is conducting to increase the navigable depths at the major
Rem Offshore ASA has entered into a charter agreement with Micoperi Srl for the OSV vessel “Rem Pioneer”. The vessel is of MT 6022 L design, and will be delivered from yard 5(th) of June 2014. The charter has a duration of 10 months firm with further two yearly options. Start of the contract is afte
The Port of Oswego dredging project has experienced some delays in start up. Instead of its scheduled start on June 01, the project will begin in the middle of June, LocalSYR reported. The dredging project at the Port of Oswego should last for a month, and the aim of the project is to allow more [&h
Benthic, a global geosciences company, has been awarded a contract by Woodside Energy Ltd to undertake an offshore geotechnical site investigation for the proposed Browse Floating Liquefied Natural Gas Development off the North West coast of Western Australia. The survey will assist with further und
A dredging project for Resorts World Bimini’s (RWB) major resort development on Bimini has been allowed by The Bahamas Supreme Court last week. As the Nassau Guardian reports, the Court discharged the Privy Council prohibition of the project. The prohibition lasted until RWB got all the permits for
Karoon has entered into a binding Sale and Purchase Agreement with Origin Energy Limited for the sale of the Company’s 40% equity interest in Browse Basin exploration permits WA-315-P and WA-398-P for up to $800 million. Under the terms of the Agreement, the consideration payable to Karoon is struct
Marathon Oil Corporation has entered into a definitive agreement with Det norske oljeselskap ASA under which Det norske will purchase Marathon Oil’s wholly owned subsidiary, Marathon Oil Norge AS, for a total transaction value of $2.7 billion. After adjustment for debt, net working capital and inter
Swiber Holdings Limited has clinched an Engineering, Procurement, Installation and Construction contract in Latin America for subsea development work including pipeline tie-in work, with an aggregate value of $80 million. The project will start immediately and is expected to complete in 2015. Earlie
Seadrill Limited has secured a contract with Total Upstream Nigeria Ltd for employment of the newbuild ultra-deepwater drillship West Jupiter, in support of the EGINA ultra-deep offshore project in Nigeria. The contract is for a firm period of 5 years and has a total revenue potential for the primar
