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Business & Finance

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Settlement Shores Dredging Set for Next Week
Business & Finance

Settlement Shores Dredging Set for Next Week

Dredging operations on the Settlement Shores canal system are set to begin on Monday, 25 November, the Port Macquarie-Hastings Council said in its latest release. According to the council, this dredging scheme will be conducted in the areas where the depth has been impacted by sedimentation, tidal m

about 6 years ago
US Start-Up Secures Funding for Concrete Offshore Wind Foundation
Business & Finance

US Start-Up Secures Funding for Concrete Offshore Wind Foundation

The U.S. National Offshore Wind Research and Development Consortium has allocated a grant to the start-up RCAM Technologies to develop its modular concrete offshore wind foundation. The National Offshore Wind Research and Development Consortium selected RCAM Technologies for contract negotiation as

about 6 years ago
DOF Takes Full Ownership of DOF Subsea
Business & Finance

DOF Takes Full Ownership of DOF Subsea

Norwegian offshore services group DOF has entered into an agreement to purchase 35 per cent of the subsidiary DOF Subsea for NOK 20 million ($2.2 million). The acquisition is closely associated with the ongoing refinancing of DOF Subsea, the Oslo-listed offshore support vessel contractor said on Mon

about 6 years ago
Boost for The Water Institute of the Gulf
Business & Finance

Boost for The Water Institute of the Gulf

The National Fish and Wildlife Foundation (NFWF) and the National Oceanic and Atmospheric Administration (NOAA) announced yesterday that The Water Institute of the Gulf was one of several recipients of funding from the National Coastal Resilience Fund. According to their official announcement, the $

about 6 years ago
Euronav Buys Suezmax Pair with New Joint Venture Partners
Business & Finance

Euronav Buys Suezmax Pair with New Joint Venture Partners

Euronav has entered into a joint venture together with affiliates of Ridgebury Tankers and clients of Tufton Oceanic.

about 6 years ago
Magseis Fairfield Participates in New Multi-Client Project
Business & Finance

Magseis Fairfield Participates in New Multi-Client Project

Magseis Fairfield has entered into an agreement with an unnamed multi-client company to participate in a multi-client project, expected to start late in the first quarter of 2020. “This is the first phase of a multi-year campaign which will bring industry leading nodal acquisition and data processin

about 6 years ago
Ahtna Marine Acquires Cavache
Business & Finance

Ahtna Marine Acquires Cavache

Ahtna Marine & Construction Company, LLC (AMCC), an Ahtna, Inc. company, has finalized acquisition of Cavache, Inc. a Florida-based dredging and civil construction firm. Cavache has been in operation for over 15 years and it’s 20 employees and vessel and marine equipment assets will be transitioned

about 6 years ago
Petroleum Air Services to deploy new helicopter for offshore operations in Egypt
Business & Finance

Petroleum Air Services to deploy new helicopter for offshore operations in Egypt

Petroleum Air Services of Egypt will add a sixth AW139 intermediate twin helicopter to its fleet by year-end.

about 6 years ago
Magseis Fairfield enters into multi-client project agreement
Business & Finance

Magseis Fairfield enters into multi-client project agreement

Norwegian geophysical surveying and mapping services company Magseis Fairfield has entered into an agreement to participate in a multi-client project, expected to begin late in the first quarter of 2020.

about 6 years ago
Wintermar inks seven-year deals for two platform suppliers
Business & Finance

Wintermar inks seven-year deals for two platform suppliers

Indonesia’s offshore vessel owner Wintermar has won contracts for two of its platform supply vessels from ‘a major oil and gas company.’

about 6 years ago
Former Maersk COO Toft Joins MSC as CEO
Business & Finance

Former Maersk COO Toft Joins MSC as CEO

Toft joins MSC after spending the past 25 years at Maersk.

about 6 years ago
Spotlight on Port of Long Beach Deep-Draft Study
Business & Finance

Spotlight on Port of Long Beach Deep-Draft Study

Col. Aaron Barta, commander of the U.S. Army Corps of Engineers Los Angeles District, along with representatives from the Corps LA District’s project delivery team and the Port of Long Beach officials, held a public meetings November 13 at the Port of Long Beach Administration building in Long Beach

about 6 years ago
Google’s Curie Subsea Cable All Set for Chile Transmission
Business & Finance

Google’s Curie Subsea Cable All Set for Chile Transmission

Google’s Curie subsea cable from the United States to Chile has been successfully installed and tested. The cable is connecting it to Google’s network, and its is expected to begin transmitting data in Q2 2020, powering Google services like Gmail, Search, YouTube and Google Cloud. Equipped with four

about 6 years ago
Ampelmann Ups Offshore Lifting Game
Business & Finance

Ampelmann Ups Offshore Lifting Game

Ampelmann has revealed a new access system that is said to be capable of transferring personnel and cargo of up to 5 tons. The E5000, with its full motion compensation, will be able to operate in high sea states, extending the weather window of operations, Ampelmann said. According to the Dutch comp

about 6 years ago
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