Ocean data company, XOCEAN, has completed a €7.9-million funding round. The purpose of this funding is to support the company’s international scaling plans and was fully subscribed by existing shareholders. XOCEAN has recently delivered projects for clients including BP, Equinor, PX Group and the UK
Seabed Geosolutions, a joint venture between Fugro and CGG, has received a letter of intent for another 3D ocean bottom node (OBN) survey in an active area of the U.S. Gulf of Mexico for ‘a major energy company.’
Dutch LNG supplier Titan LNG has completed the first ship-to-ship LNG bunkering in the Port of Ghent, Belgium.
The Council for Dredging and Marine Construction Safety (CDMCS) held its 2nd Leadership in Safety Awards Dinner on November 12th in Washington, DC to honor occupational safety and health excellence in the dredging industry. Held on the heels of a CDMCS Pipeline Task Force Meeting, the ceremonial ban
Flex LNG has secured a new USD 629 million financing for the five newbuilds scheduled for delivery in 2020.
The Port of Seattle approved its 2020 budget and five-year capital plan yesterday, making room for future development projects. According to the port, the budget and capital improvement plan support regional economic and community priorities by investing in new developments. The Port of Seattle held
Norwegian provider of hull cleaning technology ECOsubsea said it has been given green light by the Dutch regulatory body Rijkswaterstaat to offer hull cleaning services to vessels at all Dutch Ports including Europe’s biggest port, the Port of Rotterdam. ECOsubsea also secured similar permissions in
Singapore-based maritime accelerator powered by Techstars has unveiled its first class of nine startups.
The U.S. EPA Regional Administrator Cathy Stepp and Ohio EPA Director Laurie Stevenson have announced five separate grants recently awarded to Ohio EPA, Ohio Lake Erie Commission (OLEC), Ohio Department of Natural Resources (Ohio DNR), and the Northeast Ohio Four County Regional Planning and Develop
Brazil’s Petrobras is on track to become the world’s largest oil producer among publicly listed companies by 2030, based on Rystad Energy’s latest data and forecasts.
Quetzal Capital has now formally launched its voluntary conditional cash offer for Singapore’s offshore support vessel operator PACC Offshore Services Holdings (POSH). Quetzal Capital is the bid vehicle formed by certain members of the Kuok group of companies, namely Kuok (Singapore) Limited (KSL),
Ocean Energy Systems is predicting strong advances in ocean energy in 2020, driven by public and private sector funding. The last OES annual report highlights significant international investment including $25 million pledged by the US Department of Energy to support 12 ‘next-generation’ marine ener
The Rhode Island Department of Environmental Management (RIDEM), in cooperation with the City of Warwick and Save The Bay, will complete a coastal adaptation project at Longmeadow Fishing Access Site later this month. Situated at the end of Samuel Gorton Avenue, the site has experienced more than 10
Oilfield services provider Petrofac has been awarded contracts and extensions with a combined value of more than $120 million.