Land & Water Group Ltd., one of the leading civil and engineering companies in the UK, recently hosted a fuel demonstration event at their Rainham site, showcasing the revolutionary hydrotreated vegetable oil (HVO) fuel. At Rainham, the company is operating the only licenced dredge material disposal
In an effort to alleviate the concequences of the recent oil price plunge, French oil major Total has revealed its plan to reduce the capex for 2020 by more than $3 billion and save about $800 million in operating costs compared to 2019.
Swire Shipping has announced the entry into service of its first 2,400 TEU newbuild vessel, MV Changsha.
Van Oord has reported a revenue of EUR 571 million in its offshore wind business unit in 2019, a 23.6% decrease compared to the EUR 706 million in 2018. Van Oord states that this decrease in offshore wind activities was driven by the smaller number and size of projects currently under construction.
Energy consultancy Xodus said it has recorded a major increase in the provision of services related to subsea power cables over the last twelve months. According to Aberdeen-based company, the number of new assignments grew by more than 50 per cent, resulting in more than 70 active work streams in 2
Shelf Drilling has received an early contract termination for a jack-up rig operating offshore Nigeria.
Van Oord has announced its full-year results for 2019, saying that the last year was a challenging year for them. As reported, the company experienced tough times in its main dredging market, combined with growth and opportunities in other markets such as the Netherlands. In 2019, Van Oord recorded
As of April 1st, Marc van Heyningen will become the new Chief Operations Officer (COO) of Damen Shipyards Group. This completes the Executive Board of the leading Dutch maritime solutions provider. “We warmly welcome Marc on board,” said CEO Arnout Damen. “With his experience and background, he is c
Aker BP is putting on hold all non-sanctioned field development projects, postponing exploration wells and reducing production costs in order to reduce spending in response to uncertainty caused by the coronavirus crisis.
In response to the current market environment, oil major Shell has decided to reduce its operating costs by up to $4 billion in 2020 and to cut its capital expenditure from $25 billion to $20 billion.
Seacor Marine has acquired the remaining 28% of the equity interests in Falcon Global Holdings that it did not already own from Montco Offshore, resulting in 100% ownership of FGH by the company.
Dutch offshore lifting equipment provider KenzFigee and Zamil Shipyards, part of Zamil Offshore Services, have signed a memorandum of understanding (MoU) for a mutual cooperation in the Kingdom of Saudi Arabia. The deal will see the two companies provide offshore crane services and local constructio
Dredging Today brings you an overview of the most popular stories from the past week (March 16-22, 2020). Jenkins Marine Acquires Dredger C.H. Horn Jenkins Marine Ltd. has just announced the purchase of the grab hopper dredger C.H. Horn from the Poole Harbor Commissioners (PHC). Damen Steering a
Here are the most read stories of the previous week.
