Construction support vessel Bourbon Oceanteam 101 has been awarded a contract extension for operations in Angola.
Seabed seismic services player Magseis Fairfield has bounced back to profit in the second quarter of 2019. The Oslo-listed company has seen its revenue at USD 132 million, up from USD 20 million same time last year (excluding Fairfield and WGP Group revenue) and also up for Q1 2019 revenue of USD 12
Petrofac has been awarded a well plugging and abandonment contract in the UK North Sea with oil company Hess.
The U.S. Army Corps of Engineers, Memphis District recently awarded a $15 million contract to construct a new dragline machine to Seatrax, Inc., of Houston, Texas. Procurement of this new machine represents Phase I of a project to replace the current dragline machine. Workers will eventually mount t
The ship would return to service once it completes repairs, currently ongoing in Dubai.
On August 24, Turkish Cemre Shipyard launched the hull of a new ferry being built for Fjord1.
The Port of Cairns’ wharves are set for a major makeover, paving the way for cruise ships up to 300m in length to dock at the far north shipping hub. Transport and Main Roads Minister Mark Bailey and Member for Cairns Michael Healy today announced a $20 million contract to modernize the port’s six w
Norwegian contractor booked profit of NOK 4 million on revenues of NOK 181 million, versus profit of NOK 5 million, on revenues of NOK 191 million in the year-ago quarter.
CSCL Jupiter’s sailing schedule delayed for a week after it suffered hull damage in the collision.
Galveston has begun replacing hundreds of thousands of cubic yards of sand that were eroded from its beaches during Hurricane Harvey, working to make the city safer from future storms and bolster its tourism industry. FEMA’s Public Assistance program is providing 90% of the funding for three Galvest
The board of directors of oilfield services provider TechnipFMC has unanimously approved the company’s plan to separate into two independent, publicly-traded companies.
TechnipFMC has said it plans to separate into two independent, publicly traded companies – RemainCo and SpinCo. The transaction is expected to be structured as a spin-off of TechnipFMC’s Onshore/Offshore segment to be headquartered in Paris, France. The separation is expected to be completed in the
The U.S. Army Corps of Engineers, St. Paul District, in partnership with the Wabasha Port Authority, will host a public meeting tomorrow, Aug. 28, to provide an update on the current planning efforts for the Pool 4 Dredged Material Management Plan. The meeting is scheduled for 6 p.m., at the Wabasha
Valaris, formerly known as EnscoRowan, has been awarded new contracts and contract extensions for its rigs, with associated revenue backlog of $84 million.
