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Business & Finance

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Container terminal
Business & Finance

DP World Takes Majority Stake in Ukrainian Container Terminal

DP World is to acquire a majority stake in TIS Container Terminal in the Port of Yuzhny, Ukraine.

about 6 years ago
ConocoPhillips extends Bristow contracts in North Sea
Business & Finance

ConocoPhillips extends Bristow contracts in North Sea

Bristow Group has been awarded extensions to two contracts with ConocoPhillips to support its air transportation crew change and shuttle/search and rescue (SAR) services for the Greater Ekofisk Area in the North Sea.

about 6 years ago
President’s Budget: $188 Million for Sacramento District Projects
Business & Finance

President’s Budget: $188 Million for Sacramento District Projects

More than $188 million in flood risk management work for Northern California were outlined in two separate budget releases on February 10, adding to an already robust Sacramento District workload, reports the U.S. Army Corps of Engineers’ Sacramento District. President Donald Trump’s fiscal year 202

about 6 years ago
Reach Subsea sees ‘unprecedented level of visibility’
Business & Finance

Reach Subsea sees ‘unprecedented level of visibility’

Reach Subsea has been awarded several contracts and call-offs under frame agreements for 2020 execution, representing about 200 project days.

about 6 years ago
Ashtead Supports Northern Lights CCS Project
Business & Finance

Ashtead Supports Northern Lights CCS Project

Subsea equipment solutions specialist Ashtead Technology has completed subsea installation monitoring work to support the Northern Lights Carbon Capture Storage project (CCS) in the North Sea. Developed by Equinor in partnership with Shell and Total, the Northern Lights project is the first of its k

about 6 years ago
Well-Safe taps Schlumberger for well services in North Sea
Business & Finance

Well-Safe taps Schlumberger for well services in North Sea

Well-Safe Solutions has awarded a “significant work scope” to Schlumberger for the provision of plug and abandonment well services in the North Sea.

about 6 years ago
Panetta Secures Federal Funding for Santa Cruz Dredging
Business & Finance

Panetta Secures Federal Funding for Santa Cruz Dredging

California Congressman Jimmy Panetta announced this week that $540,000 will go toward ensuring that people can continue to navigate Santa Cruz Harbor channels as maintenance dredging continues. This funding will help ensure the safety and prosperity of communities on the central coast of California.

about 6 years ago
Tonseth Resigns from AGS Board
Business & Finance

Tonseth Resigns from AGS Board

Norwegian ocean bottom node seismic company Axxis Geo Solutions (AGS) has received notice of resignation from board member Tore Tonseth. Tore A. Tonseth was appointed director of AGS effective December 1, 2019. Tonseth is a Norwegian citizen with knowledge and experience from the financial industry.

about 6 years ago
Express Engineering Enjoys Subsea Equipment Sector Upturn
Business & Finance

Express Engineering Enjoys Subsea Equipment Sector Upturn

Subsea manufacturing specialist Express Engineering is investing in a new £3.5-million assembly and test facility near its Gateshead headquarters in the UK, expecting to create another 30 jobs. Since embarking on a refocused business strategy at the end of 2018, Express Engineering has seen revenues

about 6 years ago
20 Dredging Sites Selected Along Lake Ontario and the St. Lawrence River
Business & Finance

20 Dredging Sites Selected Along Lake Ontario and the St. Lawrence River

Governor Andrew M. Cuomo has announced the completion of the first round of dredging at Port Bay, the first of 20 dredging sites selected across the region to address a backlog of projects at harbor navigation channels along the southern shore of Lake Ontario and the St. Lawrence River. The $15 mill

about 6 years ago
All Set for Expansion Works at the Port of Sines
Business & Finance

All Set for Expansion Works at the Port of Sines

Following the signing of the contract for the East Breakwater enlargement project, the expansion works of the Port of Sines will begin, thus allowing the port to double the containerized cargo installed capacity. The works concerning the extension of the Port of Sines’ East Breakwater were awarded t

about 6 years ago
DOF Contract for Optimarin
Business & Finance

DOF Contract for Optimarin

Ballast water treatment specialist Optimarin has signed an agreement with DOF for the installation of 16 Optimarin Ballast Systems (OBS). The deal comes with an option to extend the contract to 50 vessels in total. This is Optimarin’s biggest single agreement in the offshore segment and will see the

about 6 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Mott MacDonald Backs Japan’s First Offshore Wind Farm

Mott MacDonald is acting as the lender’s technical advisor on the Akita project, Japan’s first commercial-scale offshore wind farm.

about 6 years ago
Scarlet Lady
Business & Finance

Spotted: Virgin Voyages’ Newest Ship Delivered

Scarlet Lady was delivered to Virgin Voyages at the shipyard in Genoa Sestri Ponente on February 13.

about 6 years ago
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