Oslo-listed SeaBird has recognized net loss of $0.3 million for Q1 2020, against net loss of $0.4 million in the same period in 2019. SeaBird recorded revenues of $25.3 million in Q1, a 105 per cent increase compared to $12.3 million in Q1 2019. Significant part of revenues in Q1 2020 relates to a 3
Italian oil major Eni has chosen Claudio Descalzi to be its chief executive officer (CEO) for the third time. The company has also named its new chairwoman and members of board committees.
TV Dredging has been nominated by Hoftijzer Verhuur- en Aannemingsbedrijf to build a new deep suction dredger and booster pontoon. The new custom-build vessel will be used for sand extraction. The in-house engineered vessel – type TVD DSD 35 DE – will have a dredging depth of 37m. The main vessel me
The Association of German Wind Farm Operators (BWO) and WAB are calling for a long-term reliable investment and financing framework for offshore wind projects in Germany that would require the introduction of contracts for difference (CfD) and dialogue on a long-term expansion target until 2035. In
The USACE Galveston District yesterday announced the start of repairs to the entrance jetty of the Corpus Christi Ship Channel located at Aransas Pass. Actual work on the project is scheduled to begin in mid-June. The nearly $39 million contract was awarded to Luhr Brothers, Inc., on Sept. 26, 2019.
Lt. Gen. Todd T. Semonite, USACE Commanding General and the 54th U.S. Army Chief of Engineers, has signed the Chief’s Report for the “New Jersey Beneficial Use of Dredged Material for the Delaware River Feasibility Study” – a significant milestone for the proposed project. The signing of the report
The Louisiana Coastal Protection and Restoration Authority (CPRA) will host a technical modeling workshop webinar on Tuesday, June 16 from 1:00 – 4:00 pm. The purpose of the workshop is to provide technical audiences with an in-depth overview of the predictive modeling process and underlying assumpt
The United States exported less liquefied natural gas cargoes in the week ending May 13 when compared to the week before, according to the Energy Information Administration. The agency said in its weekly gas natural gas report that five US terminals dispatched eleven LNG shipments between May 7 and
Russia’s largest shipping company Sovcomflot logged an almost 66 per cent rise in quarterly net profit on the back of a strong performance of its conventional fleet. Sovcomflot reported a net profit of $116.1 million in the first quarter this year compared to $70.1 million a year ago. Revenue increa
At the Albwady Damen yard in Sharjah, UAE, two standard cutter suction dredgers CSD500 have been built, the company announced today. These two dredgers mark the anniversary of 10-year building Damen cutter suction dredgers at this yard. “The stationary dredgers, built to dredge at max -14m, are read
Seadrill has been hit by early termination of a drilling contract for a drillship operating in Southeast Asia.
Dutch foundation manufacturer Sif has started the production of monopile foundations for the Akita-Noshiro and Saint-Nazaire offshore wind farms in Japan and France, respectively. According to the company’s latest trading update, the production started during the first quarter of 2020, when Sif also
Coastal protection work getting underway this week will help strengthen the most vulnerable section of Cobham Drive from erosion and storm damage, Wellington City Council reports. Over the next five months, a new rock bank – or revetment – will be built between the two roundabouts at Troy Street and
Dredging work at Bermagui’s river and harbor (Crown Land) began this week to clear navigational channels and remove foreign debris. The clean dredged sand from the river and harbor entrance will be deposited initially onto Horseshoe Bay Beach and then onto Moorheads Beach. The project, funded by $1.
