OMV has decided to postpone its drilling plans offshore New Zealand and Greenpeace is claiming a win, hoping this would mean the end of OMV’s drilling operations in the country.
Shanghai-listed China Merchants Energy Shipping (CMES) has placed an order with Jinling Shipbuilding, a shipyard of China Merchants Group, for four open hatch bulk carriers. The 62,000 dwt bulkers will cost US$ 29.6 million per ship, pushing the total investment to US$ 118.6 million. The newbuilds a
The New York State Energy Research and Development Authority (NYSERDA) has launched two new Statewide cleantech accelerators offering a variety of support services for clean energy companies including seed money to build or grow a clean energy business. The announcement advances the State’s goal for
With the use of permanent magnets and high-tech bearings, Royal IHC has created the Deep Sea Special Motor – an environmental friendly submerged electric motor for the deep sea mining and oil & gas industries. “One of its unique features is that it is 100% oil free. Seawater can run through the moto
The U.S. Army Corps of Engineers (USACE) has just released more info about their $97.9 million construction contract, awarded to Callan Marine earlier this week, to complete the second phase of the four phase Corpus Christi Ship Channel Improvement Project. The project increases the channel depth fr
The Falkland Islands Government has signed a contract with BAM Nuttall for the design and build of a new port in Stanley Harbor. It follows the announcement in February 2020 that BAM Nuttall had been selected as development partner after an extensive global procurement process. Development and Comme
The U.S. Army Corps of Engineers is beginning the Grays Harbor maintenance dredging operations in the Outer Harbor. There are many crab pots in the South Beach Disposal Site and the Army Corps of Engineers is asking fishermen and crabbers to move their equipment to avoid having it damaged. All navig
BW Offshore’s efforts to remove its FPSO Umuroa from a field offshore New Zealand following last year’s contract termination have been hindered by legal complications.
Seismic players ION Geophysical and WesternGeco have reached a settlement of the decade-long patent litigation regarding lateral streamer positioning. The parties have signed a deal where WesternGeco will permanently dismiss the pending lawsuit, grant ION a license to the patents and lift the injunc
The oil price war and the coronavirus pandemic are already taking their toll on the oil and gas services market, with offshore drilling contractors among the most affected segments. One of the major drillers, Noble Corporation, has seen its contracts shortened, rigs stacked and put on standby, and d
At the end of March, the Vancouver Fraser Port Authority successfully completed dredging works under their Centerm Expansion Project. In the latest update, the port authority said that dredging work on both the eastern and western expansion of the Centerm container terminal was completed last month.
Associated British Ports Ltd (ABP) has released a tender to the market for dredging and pumping works in Southampton, UK. The notice, published in the Tenders Electronic Daily (TED), said that ABP Southampton is seeking a supplier that will carry out deepening and widening of existing berth pockets
Despite COVID-19 challenges, AMSC has closed a $305 million refinancing covering nine vessels.
The U.S. Army Corps of Engineers Sacramento District recently awarded a $22.5 million construction contract to Great Lakes Environmental & Infrastructure, LLC, of Rocklin, California, for 2.8 miles of improvements to the levee that surrounds Marysville, California. Part of the bigger Marysville Ring
