Oceaneering has been awarded a considerable asset integrity contract from a major operator based in Dubai, UAE.
Two subsidiaries of Malaysia’s engineering services company T7 Global were awarded contracts from Carigali Hess and PTS Resources.
ConocoPhillips has said that Don E. Wallette, Jr. will be retiring as executive vice president and a chief financial officer after a 39-year career with the company.
The International Association of Dredging Companies’ (IADC) latest edition of their Terra et Aqua magazine featured a very interesting article named ‘Can nature-based solutions be mainstream solutions?’ The concept of nature-based solutions (NBS) is relatively recent. It has emerged during discussio
Due to the economic impact from the ongoing COVID-19 pandemic, the German Shipbuilding and Ocean Industries Association (VSM) expects the demand for the construction of new ships to be low for a longer period of time. The shipbuilding sector has been experiencing weak demand since 2016, with an over
National Marine Dredging Company (NMDC) inaugurated the backhoe dredger Sarb earlier this week in the Netherlands. The inauguration comes as a part of NMDC’s international growth and fleet investment strategy which is aimed at positioning the company as a leader in the industry. The contract for the
The Netherlands-based consultancy and engineering company IX Wind has opened an office in Tokyo, Japan, with an aim to service the APAC renewables market. Earlier this year, IX Wind signed a Memorandum of Understanding (MoU) with TÜV SÜD for collaboration in the Japanese wind energy market. The deal
Louisiana’s House Appropriations Committee has approved House Bill No. 2, the state’s Capital Outlay bill, the Restore the Mississippi River Delta reports. The bill annually provides the funds for constructing projects across the state, projects that are needed more than ever because they provide jo
Wintershall Dea has decided to reduce its capital expenditures for 2020 by 30 per cent after booking a loss in the first quarter of the year amid low oil price environment.
Aberdeen Harbor Board has completed its annual dredging program despite the impacts of COVID-19 and challenging weather conditions. Yearly dredging is required to maintain essential water depth in North Harbor. More than 54,000 cubic meters (in-situ volume) of material has been dredged from the harb
HitecVision and NEO Energy have renegotiated terms for the acquisition of a portfolio of operated and non-operated assets in the UK North Sea from French oil major Total.
Pointe LNG has appointed a financial adviser as it is looking to secure funds for its proposed liquefied natural gas export project in Louisiana. The US LNG project developer has mandated Whitehall & Company as financial advisor in raising investment capital and securing offtake for the 6 million to
NOAA’s National Centers for Coastal Ocean Science (NCCOS), Office for Coastal Management (OCM) and Quantum Spatial, Inc have developed a new tool that will reduce dredging impacts to essential fish habitat. The team developed a cutting-edge decision-support tool, ShoalMATE, to guide wise use and dre
BP and Worley have entered into two global framework agreements, one for conceptual engineering and the other for early engineering and front‐end engineering design services.
