Nordic Investment Bank (NIB) and the Klaipeda State Seaport Authority (KSSA) have signed a 19-year credit facility agreement for infrastructure investments in Lithuania’s largest port. According to their official announcement, NIB’s credit facility of EUR 68 million will finance the reconstruction o
A free virtual presentation – part of the Making Waves Initiative event – named Past and Present Effects of Dredging the Grand River is set to take place on Thursday, April 9, Grand Valley State University informs. The presenters will be Dr. Dan O’Keefe and Dr. Peter Wampler. Last year, a proposal t
Jan De Nul Group’s biggest self-propelled cutter suction dredger was successfully loaded on board a semi-submersible transport vessel last week in Croatia, sending her to Poland for further completion of the construction works. “The semi-submersible vessel successfully loaded our Willem van Rubroeck
For professionals involved in dredging-related activities for water infrastructure development, CEDA and IADC will host the Dredging for Sustainable Infrastructure Course on December 1 & 2 in Hotel Van der Valk Den Haag in Nootdorp, near to Den Haag, the Netherlands. The course is based on the assoc
Australia’s top power and gas retailer, Origin Energy, noted that to date there has been no material impact on the company’s energy supply operations amidst the COVID-19 outbreak. Most of Origin’s workforce is working from home and only roles critical to maintaining energy supply remain at the site,
The extension of the existing harbor for Sh. Komandoo harbor upgrade project is well underway, reports the Maldives Transport and Contracting Company (MTCC). According to the latest update, current work involves quay wall works and dredging and reclamation of the harbor basin. MTCC also reported tha
The U.S. Army Corps of Engineers, Jacksonville District has opened public comment on the Draft Environmental Assessment (EA) and proposed Finding of No Significant Impact (FONSI) regarding potential sand sources for the renourishment of the Bal Harbour Beach segment of the Dade County Beach Erosion
Great Lakes Dredge and Dock of Oak Brook, Illinois, is making good progress dredging one of the channels associated with the Baltimore Harbor. According to the Army Corps, crews are currently dredging roughly 950k cubic yards of material from the Brewerton Channel Eastern Extension, ensuring continu
Petrofac is joining other providers in actions responding to the unprecedented market conditions. As a result, Petrofac will reduce its capex by 40%, reduce salaries across the company, and reduce its personnel by about 20%.
Providence Resources has moved to raise about $3 million through the issue of new shares and entered into an exclusivity deal for the farm-out of the Barryroe field, located offshore Ireland, with SpotOn Energy.
The R.I. Coastal Resources Management Council (CRMC) has awarded funding for seven habitat restoration projects in the 17th year of its RI Coastal and Estuarine Habitat Restoration Trust Fund (CEHRTF). The Council approved the funding at the March 10 semi-monthly meeting in Providence. A number of t
Shelf Drilling has entered into a mutual agreement with a customer to shorten the contract for another one of its jack-up drilling rigs operating in the Middle East, which makes it a third early termination for Shelf in less than a month.
Australia-based oil and gas company Otto Energy has taken measures to mitigate the effects of the low oil price environment.
Bayside City Council, Victoria, is currently undertaking works in Sandringham to reduce erosion and protect the coastal environment. These works are taking place along the coastal path and Trey Bit Reserve during April and May. Key improvements include: Extending existing fencing along the coastal p
