Express Engineering has seen its growth and product development success recognised by the UK’s venture capital sector. The Gateshead firm won the Mid-Market Management award at the British Private Equity & Venture Capital Association’s (BVCA) Management Team Awards, recognising the leadership team’s
Russia’s largest independent natural gas producer Novatek boosted its production in the first quarter of this year while the company’s sales decreased. Novatek said Thursday that natural gas production rose by 2.2 percent year on year to 19.1 billion cubic metres. The Russian company’s production of
The independent review panel has released its report on the Roberts Bank Terminal 2 Project. The project is a proposed new three-berth marine container terminal located at Roberts Bank in Delta, British Columbia, approximately 35 km south of Vancouver. The release of the review panel’s report marks
The Chief of Engineers and Commanding General of the U.S. Army Corps of Engineers signed a key ecosystem restoration report April 8, 2020, that allows Congress to consider the project for future authorization. Lt. Gen. Todd T. Semonite, Chief of Engineers and Commanding General of the U.S. Army Corp
The Covid-19 epidemic and the ongoing oil price war have ravaged global energy markets during the last two months, and offshore drilling, in particular, is among the most affected industry segments, according to energy intelligence firm Rystad Energy.
The Maldives Transport and Contracting Company Plc (MTCC) has just released an update on their Centara Three Island Reclamation Project. Last year, MTCC signed a contract with a Thailand hospitality management and holding company, Centara Hotels and Resorts, for the land reclamation works on three i
Petrobras has made plans to achieve additional cost reductions through its incentive retirement and voluntary severance programs, which will affect around 3,800 employees.
An interesting article appeared in the latest issue of the Van Oord magazine about Monaco’s land reclamation project. With a growing number of people looking to call Monaco their home, this second smallest country in the world has decided to expand its territory by reclaiming land from the Mediterra
Arup has appointed Saygin Oytan to head its offshore wind team in the U.S. As an associate principal in the Boston office, Oytan will lead strategic business development initiatives aimed at expanding Arup’s presence in the U.S. offshore wind market. “We are anticipating major growth in the offshore
Dutch offshore contractor Royal Boskalis Westminster has acquired maritime emergency response specialist Ardent Americas thus expanding its foothold in the US maritime salvage market. Ardent Americas is an OPA90-compliant player, which means that it meets the requirements of the Oil Pollution Act of
To ensure safe crew changes on board dredgers and offshore vessels during the COVID-19 pandemic, DEME will charter a hotel ship for pre-quarantining as of this weekend. The ship is moored in Ostend, said the company in their latest release. Earlier, DEME took the measure to no longer change crews on
The European Union member states paid about 16.2 billion euros for the 108 billion cubic meters of liquefied natural gas they imported last year, according to the Commission’s latest gas market report. Last year’s LNG imports increased by a record 48 billion cubic meters or by 75 per cent when compa
Callan Marine Ltd., from Galveston, Texas, has won a $98 million firm-fixed-price contract for dredging, upland placement area rehabilitation, creation of two new beneficial use areas from dredged material, berm dressing and armoring and removal of existing pipelines. According to the US Department
Lotos Shipyard (Southern Center of Shipbuilding and Ship Repair of the United Shipbuilding Corporation) in the Astrakhan Region has won a tender for construction of four self-propelled bucket-wheel dredgers, PortNews reports. The construction will be financed under the leasing program of State Trans
