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Business & Finance

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Apply and Aker Solutions Win Var Energi Contract
Business & Finance

Apply and Aker Solutions Win Var Energi Contract

Vår Energi has signed frame agreements with Apply Sørco and Aker Solutions for modifications and maintenance support for the company’s operated assets. The frame agreements, which cover operation, maintenance, modification and engineering services, have a duration of three years with options for a t

about 6 years ago
Xodus Adds Two Recruits to Its Environment Division
Business & Finance

Xodus Adds Two Recruits to Its Environment Division

Xodus Group is set to almost double its global environment division with recent appointment of two new recruits in Aberdeen. Jonathan Ashburner has joined as cables and interconnectors lead while Gill Rodger returns to Xodus as the head of governance and assurance. Qualifying as a marine mammal biol

about 6 years ago
Valaris secures $285 million in revenue backlog with new rig contracts
Business & Finance

Valaris secures $285 million in revenue backlog with new rig contracts

Valaris has been awarded new contracts and extensions for its drilling rigs with an associated revenue backlog of $285 million. One of the jack-up rigs has secured a 21-well contract with ExxonMobil in the U.S. Gulf of Mexico.

about 6 years ago
Mitsubishi and Chubu to Buy Eneco
Business & Finance

Mitsubishi and Chubu to Buy Eneco

A consortium of Mitsubishi Corporation and Chubu has reached an agreement with the Dutch energy company Eneco on the proposed sale of all shares in Eneco for a total equity value of EUR 4.1 billion. Mitsubishi will control an 80% stake in Eneco, with Chubu holding the remaining 20%. Mitsubishi also

about 6 years ago
J.F. Brennan Kicks Off Providence Dredging Scheme
Business & Finance

J.F. Brennan Kicks Off Providence Dredging Scheme

J.F. Brennan Company, Inc. has begun work on a significant dredging project along the Providence River, reports the Providence Foundation. The project is being done jointly by the City of Providence, the Nature Conservancy, the Coastal Resources Management Council, 195 Redevelopment District Commiss

about 6 years ago
Buffalo Bayou Desilting Work Progresses
Business & Finance

Buffalo Bayou Desilting Work Progresses

Willow Fork Drainage District’s engineer, Craig Kalkomey, has just released the latest update on the Willow Fork of Buffalo Bayou desilting scheme, saying that Allgood Construction has removed the first 200 cubic yards of dirt from the diversion channel. Willow Fork of Buffalo Bayou, which runs from

about 6 years ago
JAXPORT, SSA Marine Break Ground on New Container Terminal
Business & Finance

JAXPORT, SSA Marine Break Ground on New Container Terminal

JAXPORT, SSA Marine broke ground on a new container terminal at JAXPORT’s Blount Island Marine Terminal on November 22.

about 6 years ago
N-Sea-BODAC Joint Venture Invests Further in UXO Provision
Business & Finance

N-Sea-BODAC Joint Venture Invests Further in UXO Provision

The N-Sea-BODAC joint venture has made an investment in the further development of its specialist UXO provision. Formed in 2016, the joint venture (JV) has demonstrated year-on-year commercial growth. In that time, it has built a formidable track record in UXO survey, identification and disposal, co

about 6 years ago
Boskalis Snaps Up Horizon
Business & Finance

Boskalis Snaps Up Horizon

Boskalis has acquired the remaining 37.5% in the UAE-based survey specialist Horizon. The acquisition follows the deal from earlier this year when Boskalis acquired 62.5% of the shares in Horizon. The 2019 revenue is expected to exceed USD 100 million and the activities will be consolidated as of 20

about 6 years ago
Navios Acquisition to Add Product Tanker Quintet
Business & Finance

Navios Acquisition to Add Product Tanker Quintet

Navios Maritime Acquisition Corporation is to acquire five product tankers in liquidation of Navios Europe I.

about 6 years ago
Polar King CSV to stay with Nexans until July 2020
Business & Finance

Polar King CSV to stay with Nexans until July 2020

Norwegian offshore vessel owner GC Rieber Shipping has agreed with Nexans to further extend the charter for the construction support vessel Polar King.

about 6 years ago
JAXPORT, SSA Marine Break Ground on Container Terminal Expansion
Business & Finance

JAXPORT, SSA Marine Break Ground on Container Terminal Expansion

U.S. Department of Transportation Maritime Administrator Rear Adm. Mark Buzby joined elected officials and leadership from JAXPORT and SSA Marine on November 22 to break ground on a new international container terminal at JAXPORT’s Blount Island Marine Terminal. The SSA Jacksonville Container Termin

about 6 years ago
Damen to Build New RoPax for Timor-Leste
Business & Finance

Damen to Build New RoPax for Timor-Leste

The Republic of Timor-Leste and Damen Shipyards Group recently signed a contract for a new RoPax ferry.

about 6 years ago
EnerMech names new chief executive officer
Business & Finance

EnerMech names new chief executive officer

Mechanical and electrical services specialist EnerMech has appointed a new chief executive officer (CEO) of the company.

about 6 years ago
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