Despite posting a loss in the first quarter of the year, offshore drilling contractor Pacific Drilling has had an overall better first quarter than the one in the year prior, but the company is preparing itself for ‘challenging times’ ahead.
Underwater technology firm EdgeTech has recently promoted Gene Andella to the role of customer service manager. Andella has worked with EdgeTech for over seven years. He started on the factory floor building EdgeTech products and then moved into a customer support role six years ago. Andella has wor
Two hopper dredges that were deployed to Florida to support emergency beach renourishment work at USACE’s Jacksonville District in March 2020 are returning to NY and NJ to complete previously contracted work, informs the Corps’ New York District. The B.E. LINDHOLM arrived at Fire Island on May 6 and
The Diversion Authority Finance Committee Chair Fargo Commissioner Tony Grindberg, and Board Chair Fargo Mayor Tim Mahoney yesterday thanked Sen. John Hoeven for his recent work to secure Water Infrastructure Finance and Innovation Act (WIFIA) financing for the FM Area Diversion Project. The Senator
The United States exported more liquefied natural gas cargoes in the week ending May 6 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 15 LNG shipments between April 30 and Ma
Hess Corporation booked a loss for the first quarter of 2020 due to impairment charges resulting from the low oil price environment.
Royal IHC has signed three contracts with the Jordan-based Arab Potash Company (APC) to deliver two cutter suction dredgers (CSDs) and implement a new maintenance agreement. The first contract comprises the delivery of a custom-built CSD, the second is a three-year maintenance contract for the IHC d
The Covid-19 pandemic could see demand for umbilicals fall by 32 per cent this year, Rystad Energy impact analysis reveals. According to Rystad, expected demand could fall to just 713 kilometres of lines in 2020, from 1,041 kilometres last year. Umbilical demand will not match or exceed 2019 levels
The contours of the Blankenburg Connection in the Netherlands are now clearly taking shape, DEME Group said in their latest announcement. BAAK, the consortium including Ballast Nedam and DEME, is building the new road connection between the A20 at Vlaardingen and the A15 at Rozenburg. “The new highw
The European Marine Energy Centre (EMEC) has appointed Matthew Finn as commercial director. Matthew has worked in the ocean energy sector for the last 14 years. In his previous role as EMEC’s commercial manager, he built up a long-term pipeline of projects for the company including flagship initiati
Dragflow, an Italian producer of dredging equipment, is about to deliver one of its units to a sand and gravel producer based in France. According to the company, the customer will use the DRP150 remote controlled dredge with a high head dredging pump to dredge the sedimentation ponds next to their
Enbridge is selling 49% of its 50% stake in Éolien Maritime France (EMF), the developer of three offshore wind projects in France, to the Canada Pension Plan Investment Board (CPP Investments). After the transaction closes, through its investment in EMF, Enbridge will own equity interests in the Sai
LNG shipper GasLog said that its chief financial officer (CFO) Alastair Maxwell has decided to step down from his position.
State-owned Qatar Petroleum has entered into three farm-in agreements to acquire about 30 per cent of Total’s participating interest in three blocks offshore Mexico.
