Fugro has signed a memorandum of understanding (MOU) with Underwater Survey Technology 21 (UST21) in a move that opens up the South Korean offshore wind farm market. The agreement with UST21 will facilitate collaboration on marine projects in South Korean waters, whereby Fugro will expand UST21’s lo
Wasa Dredging, a Finnish water construction company, has just released this amazing photo from the Kokkola Harbor and Fairway Deepening Project in Finland. Under the contract, signed in late July 2018, Wasa is responsible for dredging of the harder materials and heavily polluted soils, drilling and
The VLSFO marine fuel offering has been initiated ahead of IMO’s upcoming 2020 sulphur cap.
Fugro has signed a Memorandum of Understanding (MoU) with Underwater Survey Technology 21 (UST21), marking its entry in the South Korean offshore wind market. The agreement will see the two companies collaborating on marine projects in South Korea, with Fugro expanding UST21’s local hydrography capa
Peab has won a $13.1 million Horten Municipality contract to clear, clean and construct a new seabed in the Horten harbor basin, Norway. “The project was interesting from a technical, environmental and societal perspective and it inspired us to do other such work. Therefore I’m very proud and please
Temasek’s plans to offer S$4,1 billion for a controlling stake in Keppel.
Autonomous surface vehicles developer Saildrone has named Dr. Eric Lindstrom as its new chief scientist. Dr. Lindstrom has served as the Physical Oceanography Program Scientist in the Science Mission Directorate at NASA Headquarters in Washington, D.C for the past 22 years, working with the QuikSCAT
Offshore Renewable Energy (ORE) Catapult has launched a new accelerator program focused on the commercialization of new technologies for the UK’s offshore wind supply chain. The Launch Academy is a national technology accelerator program designed to support innovative SMEs to commercialize technolog
With sale-and-leaseback, commercial bank debt and cash, the company extended debt maturities through 2027.
The Danish Energy Agency (DEA) is planning to grant the final approval for Vattenfall’s Kriegers Flak offshore wind project in January 2020. DEA has initiated a public consultation period regarding the project’s supplement environmental impact assessment (EIA) report. Relevant authorities and the pu
The Danish Energy Agency (DEA) is planning to grant the final approval for Vattenfall’s Kriegers Flak offshore wind project in January 2020. DEA has initiated a public consultation period regarding the project’s supplement environmental impact assessment (EIA) report. Relevant authorities and the pu
The Town of Fairfield, CT, has announced that the South Benson Marina Channel Dredging and Jennings Beach Reclamation Project will begin on Wednesday, October 23, 2019. Mobile Dredge and Video Pipe, Inc. of Chester, PA was awarded the dredging project on September 26, 2019. According to the town, st
Oilfield services company Expro has appointed Quinn Fanning as chief financial officer. Fanning brings a breadth of financial leadership and executive management experience through his time as CFO of a public company and an investment banker. In his most recent position as executive vice president a
Houston-based Helix Energy Solutions recorded an increase in its quarterly profit boosted by higher utilization in the well intervention business in the Gulf of Mexico and Brazil.
