TechnipFMC has reported first-quarter 2020 loss of $3.25 billion or $7.28 per diluted share against $21 million profit same time last year. The services major has seen the results affected by after-tax charges and credits totaling $7.17 per share, primarily driven by non-cash impairment charges. Tec
The USACE’s New Orleans District has prepared a Draft Supplemental Environmental Assessment #571 (SEA #571) titled “West Shore Lake Pontchartrain Hurricane and Storm Damage Risk Reduction Levee System St. Charles and St. John the Baptist Parishes, Louisiana” which is available for public review and
Julong’s two unit 20-inch dredger CSD500, equipped with France Baudouin brand diesel engine with total power of 2000hp, is starting the dredging operations in Su Ya Lake, China. According to the Qingzhou City based manufacturer and supplier of dredging equipment, these dredgers have a 15 meters dred
Singapore’s offshore rig builder Keppel Offshore & Marine has delivered a newbuild jack-up rig, named Hild, to Borr Drilling.
The U.S. Army Corps of Engineers (USACE), New England District, is nearing the milestone of removing 10 million cubic yards of dredge material as part of Phase II of the three-phased Boston Harbor Navigation Improvement Project in Boston, Massachusetts. Approximately one million cubic yards of ordin
Australian gas producer and GLNG operator, Santos reported a 13 per cent decrease in revenue, affected by the slump in oil and gas prices. Santos sales revenue for the January-March quarter fell to $883 million from $1.02 billion a year ago. The Australian company produced 17.9 million barrels of oi
Sealed proposals for the construction of the Phoenix Lake Preservation and Restoration Project will be received until Thursday, April 30, 2020, and will then be publicly opened and read, Tuolumne Utilities District said in their latest release. The Phoenix Lake Restoration and Preservation Project c
The U.S. Securities and Exchange Commission is closing its investigation into Eni related to its involvement into a license located offshore Nigeria as well as its activities in Congo.
Royal IHC has successfully handed over the 2,500m³ trailing suction hopper dredger (TSHD) River Thames to DEME. The vessel, designed and build by IHC, is based on the 2,300m³ TSHD Lesse, delivered to Baggerbedrijf de Boer by IHC in 2019. The dredger is designed to maintain sea and inland waterways,
Baker Hughes booked a huge impairment charge in the first quarter of the year resulting in a $10 billion loss for the quarter.
The Maritime and Port Authority of Singapore (MPA) has awarded two new bunker supplier licences to Minerva Bunkering and TFG Marine, following its call for applications for new licences in December 2019. “These two new players will increase the supply of marine fuel that is compliant with the Intern
Since the outbreak of the COVID-19 virus, and the consequent containment measures taken by national governments, the dredging industry has adapted quickly to the changing circumstances in order to guarantee the safety of their employees, and the direct project environment, and ensure that important
Dungiven, Northern Ireland-based Ideal Form Crane Hire has supplied a Kobelco BM700 to marine, civil engineering and building contractor Keating Construction for work on the expansion of the Dinish Wharf in Castletownbere, County Cork, Ireland. The €23 million (£19.95 million) expansion, which inclu
During the Minister of Infrastructure Jernej Vrtovec’s recent visit to the Port of Koper, the management board of Luka Koper has introduced the latest info about their ongoing and future infrastructural projects to the minister. The ministerial delegation took an overview, among other things, of the
