The Kpetoe River dredging operations, aimed to solve the perennial flooding of parts of Kpetoe township – the capital of Agotime Ziope District in Ghana, are officially underway, local media reports. Commenting the latest news, Mr. John Kwaku Amenyah, Agotime Ziope District Chief Executive (DCE), sa
Yard workforce employed by Singapore’s offshore builder Sembcorp Marine has been reduced from 20,000 to only 850 workers following movement restriction measures implemented due to the coronavirus pandemic.
KS Associates, Inc., an Ohio-based Coastal/Transportation engineering firm, has just announced that Christopher M. Day, P.E., is now a new member of the firm serving as a Project Manager at their Coastal Engineering Group. The Group provides engineering solutions for all types of waterfront and wate
Due to the limited impacted of the COVID-19 outbreak during the first quarter of 2020, offshore drilling contractor Odfjell Drilling was able to post a higher profit than in the first quarter of 2019.
TGS saw profits slashed in the third quarter due to lower revenue amid challenging seismic market conditions.
Monaco-based dry bulk shipping company Scorpio Bulkers has decided to postpone the installation of exhaust gas cleaning systems on thirteen of its vessels until at least 2021 as part of its cost-cutting measures. The bulk carrier owner said that the move is expected to delay the payment of between $
The first quarter of 2020 was above expectations for Royal Boskalis Westminster N.V. (Boskalis). In light of the worldwide developments of the COVID-19 virus, Boskalis closed a good first quarter. According to the company, a modest increase in revenue was accompanied by a higher result compared to t
Oil and gas company Premier Oil has pushed back the forecast of first gas for the Tolmount project, located in the Southern North Sea.
French container shipping major CMA CGM has secured a €1.05 billion ($1.1. billion) syndicated loan, the company announced. As disclosed, the loan will be arranged by a consortium of banks BNP Paribas, HSBC France and Société Générale and it would be 70% percent guaranteed by the French Government.
Houston-based energy and LNG engineer KBR said Wednesday it has secured a carbon capture contract from Japan’s JX Nippon Oil & Gas Exploration Corporation. Under the master service agreement and feasibility study, KBR will assess options for carbon capture and sequestration, alongside blue hydrogen
Ideol has entered into a Memorandum of Understanding (MoU) with Kerogen Capital to assess the benefits of using offshore wind to power oil & gas platforms. Ideol stated that the focus of the initiative will be to combine the Damping Pool, its floating offshore wind solution, with Kerogen’s internati
Australia’s Santos is pushing forward with its Dorado field development, located in the Bedout Basin offshore Western Australia.
Cameroon’s Port Authority of Douala (PAD) has acquired high-tech equipment from Royal IHC to support their dredging activities. As part of measures to autonomously manage its dredging activities, the management of the PAD acquired an IHC Beaver 50 cutter suction dredger (CSD) and a DMC work boat. Th
A New York State senator is calling for the U.S. Army Corps of Engineers to “immediately” dredge Jones Inlet for safer navigation after a fatal boating accident on May 2, Newsday reports. Senator Todd Kaminsky requested in a May 4 letter that the federal agency dredge the inlet that is a major water
