Equinor has completed the sale of shares in Lundin Petroleum and acquisition of further direct interest in Johan Sverdrup field. Equinor agreed to divest a 16 percent shareholding in Lundin for a direct interest of 2.6 percent in the Johan Sverdrup field and a cash consideration of around USD 650 mi
Awilco has a substantial claim towards the ship responsible for the collision and expects to collect same in due course.
Uljanik Plovidba is changing its name to Alpha Adriatic.
The Member of Parliament for Acadie-Bathurst, Serge Cormier, on behalf of the Minister of Fisheries, Oceans and the Canadian Coast Guard, Jonathan Wilkinson, announced yesterday that the Government of Canada is investing in harbor infrastructure throughout the Acadian Peninsula. “Investments that he
Welaptega, an underwater inspection provider, has appointed Tyler de Gier as a new general manager for its global business. Tyler de Gier has been promoted from within Welaptega and will be based in the company’s headquarters in Halifax, Canada. The appointment is part of an international growth str
Danish offshore drilling contractor Maersk Drilling has been awarded more work for one of its jack-up rigs in the Dutch North Sea.
Officials from the City of Tybee Island (GA) and the Army Corps yesterday, August 29, signed a $13 million beach replenishment deal that will lead to more sand on the island community’s beach for additional protection from future storm damage. The deal for the third renourishment project in the last
Olympic Subsea has reported profit of NOK 8.4 million (close to $1 million) for the quarter ended June 30, 2019, versus net loss of NOK 3 million ($330K) same time last year. The Oslo-listed company generated operating income of NOK 183 million for the second quarter of 2019, compared to NOK 178 mil
AMOG, a marine engineering consultant, has recruited Peter Mazurenko as a Renewable Energy engineer for its Falmouth office, thanks to the support of the Marine-i project. Peter grew up in Cornwall and attended school in Penzance, before graduating with a first class honours degree in Mechanical Eng
Olympic Subsea has reported profit of NOK 8.4 million (close to $1 million) for the quarter ended June 30, 2019, versus net loss of NOK 3 million ($330K) same time last year. The Oslo-listed company generated operating income of NOK 183 million for the second quarter of 2019, compared to NOK 178 mil
Belships has agreed seven-year bareboat charters for two Ultramax newbuilds.
The U.S. Army Corps of Engineers and non-Federal Sponsor, Miami-Dade County, will be the organizers of an informational public meeting on the Miami-Dade County Back-Bay Coastal Storm Risk Management Feasibility Study. USACE and the county will host this meeting September 10, from 5-7 p.m. at the Nor
Despite the ongoing trade war between China and the US, COSCO Shipping Ports sees throughput rise.
The company said that the deal was agreed “at highly attractive terms.”
