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Business & Finance

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Business & Finance

Exmar Finances FLNG, VLGC Pair

Belgian owner and operator of gas carriers Exmar has secured two financing deals.

about 6 years ago
Lundin to change name amid plans to reach carbon neutrality by 2030
Business & Finance

Lundin to change name amid plans to reach carbon neutrality by 2030

Swedish oil and gas company Lundin Petroleum has launched its Decarbonization Strategy, which targets carbon neutrality by 2030.

about 6 years ago
Bay Denesse Restoration Project Underway
Business & Finance

Bay Denesse Restoration Project Underway

Ducks Unlimited is working to restore 2,550 acres of coastal marsh approximately 2.5 miles northeast of Buras, Louisiana. The project will combine coastal restoration techniques of marsh terraces and crevasses to optimize sediment capture from the Mississippi River. Wetlands adjacent to the Mississi

about 6 years ago
HTL Intros Hydraulic Cutter for Offshore Industry
Business & Finance

HTL Intros Hydraulic Cutter for Offshore Industry

UK-based HTL has launched a bespoke hydraulic cutter for offshore industry market. In all industries where hazardous machinery and materials are present, safety is the optimum priority. Statistics show that 80% of errors which occur during manufacturing are due to human error. For this reason, many

about 6 years ago
BHP picks Doris for engineering services on Trion project offshore Mexico
Business & Finance

BHP picks Doris for engineering services on Trion project offshore Mexico

BHP has contracted DORIS Inc. for the execution of engineer services for the SURF and Export Pipeline scopes of work of the Trion project located in the Mexican Sector of the Gulf of Mexico.

about 6 years ago
Britannia Beach Project Set for July
Business & Finance

Britannia Beach Project Set for July

The riverbed in the swimming area of Britannia Beach, Ottawa, will undergo construction work from July to October, to restore the grade and proper water depth, reports the City of Ottawa. As a result, the beach will be closed to swimming and all other beach activities this summer. The dredging part

about 6 years ago
Wartsila
Business & Finance

Bore’s LNG-Powered RoLo Newbuilds to Feature Wärtsilä Equipment

Wärtsilä won a contract to supply all the main equipment for Bore’s LNG-fueled shortsea RoLo vessels.

about 6 years ago
USACE Detroit District Reports Busy 2019
Business & Finance

USACE Detroit District Reports Busy 2019

The U.S. Army Corps of Engineers, Detroit District recently completed a busy fiscal year 2019 awarding 204 contracts totaling nearly $75 million. This includes 28 construction and dredging contracts worth almost $57 million. Apart from completing projects in 2019, the Corps also announced that they

about 6 years ago
Jersey to take over Verbier operatorship from Equinor
Business & Finance

Jersey to take over Verbier operatorship from Equinor

Jersey Oil & Gas has entered into a conditional sale and purchase agreement to acquire operatorship of, and an additional 70% working interest in, Licence P2170 (Blocks 20/5b and 21/1d) from Norway’s Equinor.

about 6 years ago
Helicopter operators team up for offshore opportunities in Nigeria and West Africa
Business & Finance

Helicopter operators team up for offshore opportunities in Nigeria and West Africa

Belgium-based offshore helicopter operator NHV Group has entered into a teaming agreement with the Nigerian subsidiary of Baywood Integrated Group, Tropical Arctic Logistics (TAL).

about 6 years ago
MTCC MD Tours TSHD Mahaa Jarraafu
Business & Finance

MTCC MD Tours TSHD Mahaa Jarraafu

Adam Azim, the Managing Director at Maldives Transport and Contracting Company (MTCC), toured yesterday the company’s trailing suction hopper dredger (TSHD) Mahaa Jarraafu during her work on a land reclamation project in K. Maafushi in the Maldives. According to MTCC, the project will bring a soluti

about 6 years ago
Vaalco Energy’s non-executive director moves to president role
Business & Finance

Vaalco Energy’s non-executive director moves to president role

Houston-based oil and gas company Vaalco Energy has named a new president of the company, effective February 1, 2020.

about 6 years ago
Valaris investor gets seat on board of directors
Business & Finance

Valaris investor gets seat on board of directors

Offshore drilling contractor Valaris has appointed a new member of its board of directors as part of the company’s board refreshment program.

about 6 years ago
Former DeepOcean man to take over CEO role at Oceanteam
Business & Finance

Former DeepOcean man to take over CEO role at Oceanteam

Offshore support vessel owner Oceanteam has appointed a new chief executive officer (CEO) of the company.

about 6 years ago
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