Sinopec is to add 100 barges to its fleet to be able to supply IMO 2020 compliant marine fuel.
Jack-up drilling company Shelf Drilling saw its third quarterly loss widen, however, the CEO is optimistic about upcoming rig contract beginnings.
Longboat Energy, a new player created by the former management team of Faroe Petroleum, has announced its intention to proceed with an initial public offering to raise gross proceeds of up to £10 million.
Macquarie Infrastructure and Real Assets sold its 100% interest in Condor Ferries.
The deal is seen as the first step for Arista along the road to smart shipping operations.
Impact Subsea has signed a distribution agreement with Geotech System in South Korea. Geotech System is a key supplier of equipment to the Civil Engineering, Ocean Research and the Offshore sectors within South Korea. Geotech System will provide users support for Impact Subsea sensors and systems in
C-Job Naval Architects revealed its concept design of an Autonomous Underwater Maintenance Dredger (AUMD) today. The design was presented by the independent ship design and engineering company at the combined Maritime and Port Technology and Development Conference (MTEC) and international Conference
Three flexible river groynes in the River IJssel, the Netherlands, were officially opened yesterday by Nelly Kalfs of Rijkswaterstaat. The groynes are made fully of XStream blocks which are very small Xbloc units applied in river projects where current loads are dominant over wave loads. Due to the
Better market conditions and cost efficiencies helped DIS narrow its net loss in the third quarter of 2019.
So far this year the company secured 16 vessels, compared to 36 shipbuilding orders signed a year earlier.
Oilfield services firm RMEC has appointed an oil and gas industry veteran to boost its operations as it prepares for its next stage of international growth. Vic Allan has joined the company from American multinational corporation, Halliburton, where he spent 28 years working his way up through the s
The Westport Marina dredging program in Washington, undertaken by a Damen DOP250 with cutter unit, is currently underway. The DOP250 and its cutter unit are powered by the hydraulic power pack. The DOP250 works at a dredging depth of -8m. It pumps the harbor sludge through a 250 mm floating pipe lin
Saipem has been awarded a subsea contract by ExxonMobil for the proposed Payara development project located in the Stabroek block offshore Guyana.
UK-based oil and gas company Baron Oil has made a move to acquire a Singapore-based private E&P company, SundaGas, in a reverse takeover transaction.
