The Trinidad and Tobago Inter-Island Transportation Company (TTIT) yesterday announced that dredging works at Queen’s Wharf San Fernando and Caricom Wharf Port of Spain have been successfully completed. As such, the Galleons Passage will return to the Port of Spain Ferry Terminal from Friday, 21st F
Hunter Tankers AS secures USD 220 million loan facility.
Offshore drilling contractor Valaris booked a bigger quarterly loss as its revenues declined due to fewer rig operating days. Valaris on Thursday reported a net loss attributable to the company of $216 million for fourth quarter 2019 compared to a net loss of $197 million in the third quarter 2019.
Clarksons has acquired 100% of the issued share capital of Spanish shipbroker Martankers.
Kongsberg Maritime has signed a contract for the sale of HUGIN AUV system to the Indian National Institute of Ocean Technology (NIOT), in Chennai, India. This sale has been conducted in collaboration with Kongsberg Maritime India, a subsidiary of Kongsberg Maritime. The HUGIN AUV System ordered by N
Australian engineering company Worley has been awarded two master service agreements (MSAs) by French major Total for services on the Mozambique LNG project.
Energy services group Hunting has acquired Enpro Subsea from members of the Enpro management team and Energy Ventures Private Equity for a total consideration of $33 million. The deal also has a potential maximum earn out of $3.0 million based on EBITDA performance in 2020. The Aberdeen-based busine
Houston-based oilfield services company Deep Down has received an order from oil major Shell for work related to its Whale development in the U.S. Gulf of Mexico.
Louisiana Governor John Bel Edwards yesterday announced his priorities for the state’s coastal program for his next four years in office. Edwards also announced the state will receive its maximum payment from the Gulf of Mexico Energy Security Act (GOMESA) for the first time. In addition, he committ
Oslo-listed Electromagnetic Geoservices (EMGS) said that Johan Kr Mikkelsen has resigned from his position as chairman of the board for personal reasons. Mikkelsen’s resignation, who joined the board of directors of EMGS in 2014, and assumed the position of chairman in 2019, is effective immediately
British supplier to the oil and gas industry Hunting has completed the acquisition of Aberdeen-based oil and gas production optimization specialist Enpro Subsea.
The Philippines Department of Public Works and Highways (DPWH) has completed a $1 million dredging project along Estero de Tripa de Gallina, considered the longest creek in Metro Manila and one of Manila Bay’s tributaries. In his report to DPWH Secretary Mark A. Villar, DPWH National Capital Region
The Ocean Power Innovation Network Project (OPIN) will hold a webinar on March 5th from 12.30 to 1.30PM (GMT). This webinar will be an opportunity for companies across North West Europe to come together to discover the benefits of the OPIN project. The services offered by OPIN will be highlighted, i
Mackley has completed a six-week project to repair flood defenses at Stokes Bay on the frontage at Gosport in Hampshire. Deterioration over time had caused substantial damage to the existing defenses at Stokes Bay, which consist of a sea wall and a secondary splashwall defense. Working on behalf of
