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Business & Finance

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Fossil EnergyExploration & ProductionGreen MarineDredgingSubseaEquipmentOperations & MaintenanceResearch & DevelopmentTidal & Wave EnergyOffshore WindSeismic
Valaris secures batch of new contracts for rig fleet
Business & Finance

Valaris secures batch of new contracts for rig fleet

Valaris, formerly known as EnscoRowan, has been awarded new contracts and extensions with BP, Murphy Oil, Premier Oil, SapuraOMV, and Saudi Aramco.

about 6 years ago
The Ocean Cleanup Rolls Out New Solution to Tackle River Plastic Pollution
Business & Finance

The Ocean Cleanup Rolls Out New Solution to Tackle River Plastic Pollution

The Ocean Cleanup aims to tackle the 1,000 most polluting rivers before the end of 2025.

about 6 years ago
Big Fishweir Creek Meeting Set for Tomorrow
Business & Finance

Big Fishweir Creek Meeting Set for Tomorrow

The U.S. Army Corps of Engineers, Jacksonville District, will host a community meeting Tuesday, October 29 at Willowbranch Branch Library in Jacksonville, Fla. 32205. The purpose of the meeting is to provide the community with an overview, update, and next steps for the Big Fishweir Creek Aquatic Ec

about 6 years ago
Well-SENSE FLI Tech Delivers First Offshore Projects
Business & Finance

Well-SENSE FLI Tech Delivers First Offshore Projects

Downhole sensing technology specialist Well-SENSE has completed multiple offshore FiberLine Intervention (FLI) projects, worth a six-figure sum, for a range of international E&P companies. The projects have included Distributed Temperature Sensing (DTS) surveys for flow profiling on two unmanned gas

about 6 years ago
China and ISA to Establish Joint Training and Research Centre
Business & Finance

China and ISA to Establish Joint Training and Research Centre

The International Seabed Authority (ISA) recently signed a memorandum of understanding to establish the first ever joint training and research centre with State Oceanic Administration of China. Under the MoU, ISA and China will work together to promote knowledge of the deep ocean and its environment

about 6 years ago
Revenues, Volumes Continue Rising at OOCL
Business & Finance

Revenues, Volumes Continue Rising at OOCL

For the third quarter of 2019, total volumes and revenues were up by 4.1% and 5.8% respectively.

about 6 years ago
Lake Worth Inlet Emergency Dredging VIDEO
Business & Finance

Lake Worth Inlet Emergency Dredging VIDEO

The Lake Worth Inlet is undergoing an emergency dredging in order to remove sand shoals from the inlet that caused draft restrictions at the Port of Palm Beach. According to the port, the U.S. Army Corps of Engineers has contracted a dredge that was undergoing work in Jacksonville, FL. “Right now we

about 6 years ago
OPT Strikes $10M Share Sale Deal with Aspire Capital
Business & Finance

OPT Strikes $10M Share Sale Deal with Aspire Capital

Ocean Power Technologies (OPT) has executed a new purchase agreement with Aspire Capital sell up to $10 million in common stock to over a term of 30 months. Proceeds will be used by OPT to build additional PB3 PowerBuoys to meet potential market demand, to further advance the development of new prod

about 6 years ago
Sand Bypass System Upgrades on the Way
Business & Finance

Sand Bypass System Upgrades on the Way

A major upgrade to the Gold Coast’s Sand Bypass System jetty will ensure sand continues to be pumped northward keeping the Seaway open for the recreation, tourism and marine industries. The Gold Coast Waterways Authority is investing about $3.35 million in the project which will enable critical main

about 6 years ago
Worley Enters Offshore Wind O&M Market with 3sun Buy
Business & Finance

Worley Enters Offshore Wind O&M Market with 3sun Buy

Australian engineering company Worley has entered the offshore wind operations and maintenance market through the acquisition of the UK-based 3sun Group Ltd . Worley acquired 100% of shares in the offshore wind energy installation, inspection and maintenance business for an enterprise value of GBP 2

about 6 years ago
Gosport Seawall Works Begin
Business & Finance

Gosport Seawall Works Begin

Repair works on the damaged sections of the seawall and splashwall along Stokes Bay Road in Gosport, UK, are set to start today, Eastern Solent Coastal Partnership (ESCP) reports. The works are to be carried out by J. T. Mackley & Co Ltd. and will take place Monday to Friday from 7am – 7pm. Accordin

about 6 years ago
TMS Busy in the Shetland Islands, Toft Pier Development in Full Swing
Business & Finance

TMS Busy in the Shetland Islands, Toft Pier Development in Full Swing

TMS Ltd crews are currently in the Shetland Islands, a subarctic archipelago in the Northern Isles of Scotland, working on Toft Pier development. According to their latest project update, the weather has been testing them, but the sixth pile gate has now been set up on the seaward side. “Now that th

about 6 years ago
PSV Energy Swan to stay further eight months with Wintershall
Business & Finance

PSV Energy Swan to stay further eight months with Wintershall

Norwegian offshore vessel operator Golden Energy Offshore Services (GEOS) has secured a contract extension for its Energy Swan platform supplier with Wintershall Norge.

about 6 years ago
EMGS scores new data licensing deal, gets final verdict in tax claim in Brazil
Business & Finance

EMGS scores new data licensing deal, gets final verdict in tax claim in Brazil

The Norwegian offshore survey company EMGS has signed an $8 million multi-client contract with an undisclosed company.

about 6 years ago
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