Polarcus has come up with a $15 million cost reduction plan to navigate the current uncertainty facing the marine seismic acquisition market due to the combined impacts of the COVID-19 pandemic and oil price volatility.
Ocean Installer has appointed Ingrid Due-Gundersen as the new chief financial officer. Ingrid Due-Gundersen has worked for the Leif Höegh & Co group for her whole career. She joined Höegh Fleet Services in 2002 as a summer intern and worked within the group in various positions ever since she was em
Wharfies at the DP World terminal in Melbourne refused to unload a container vessel last night citing safety risks.
Results from the culmination of five-years of groundbreaking research to understand how dredging and sediments affects corals have been released in a new paper published in Scientific Reports. One of the main themes of the $19-million Dredging Science Node, facilitated by the Western Australian Mari
Vitol Marine Fuels acquires 100 percent of Singapore-based bunkering specialist Sinanju Tankers Holdings.
The board and management of oil firm Eco Atlantic have voluntarily taken pay cuts of up to 40 percent to push forward its cost-cutting program attempting to mitigate COVID-19 and oil price drop effects.
Polarcus’ cost reduction plan includes redundancies, reduction of base salary and capex, and warm-stacking the vessels in between jobs.
In preparation for the arrival of the USNS Comfort to New York, USACE New York District Operations Division moved quickly and approved the necessary dredging permits that allowed Donjon Marine of Hillside, New Jersey, to expedite dredging operations at Manhattan Cruise Terminal, using a crew of 60 a
German oil and gas company Wintershall Dea has awarded a global frame agreement to Applied Petroleum Technology (APT) for the supply of geochemical analyses for the company’s E&P efforts around the world.
Norwegian ocean bottom node seismic player Axxis Geo Solutions (AGS) has appointed Nils Haugestad as the company’s chief financial officer (CFO). Haugestad comes from Seabird Exploration where he held the position as CFO over the last six years and was instrumental in the refinancing of the company
Norwegian subsea contractor Ocean Installer has appointed a new chief financial officer (CFO) of the company.
Axxis Geo Solutions (AGS), a Norwegian ocean bottom node seismic company, has appointed a new chief financial officer (CFO) and chief commercial officer (CCO).
COVID-19 measures: Wärtsilä is to temporarily cut the fixed salaries of its board of management by 20 pct.
A contractor for the U.S. Army Corps of Engineers’ St. Paul District – Kaiyuh Services, LLC, of Anchorage, Alaska – is preparing to start construction on a habitat restoration project in Conway Lake, near Lansing, Iowa, in May. The completed project will restore lost and diminished fish and wildlife
