Axxis Geo Solutions (AGS) has signed a contract for source work in Brazil with a minimum value of $4 million with SAExploration.
Seismic services player Polarcus has been awarded a contract for an XArray marine seismic acquisition project in South East Asia.
Norwegian oil and gas company OKEA has decided to hire a new chief financial officer (CFO) as a reflection of its growth over the past year. Over the past year, OKEA’s operations have grown significantly both in terms of production, revenues and number of employees, according to the company’s statem
The net proceeds would be used for general corporate purposes including new investments.
Flex Courageous, delivered from DSME, is the company’s sixth vessel on the water.
An unnamed oil major has awarded an Icon Offshore anchor handler a one-year contract.
ML (UK) Dredging team has just announced the successful completion of the Newhaven Harbor dredging project. The company reported that during the works a total of 5,500m³ of material was removed, allowing a new pontoon structure to be installed to assist the pilot boats and other commercial vessels.
GCE Ocean Technology has signed a memorandum of understanding (MoU) with the Subsea Monitoring Network that allows for the development of new ocean technologies and ensuring sustainable use of ocean resources. The Subsea Monitoring Network is a corporate network for innovation in underwater technolo
The unsecured bonds would be offered in two tranches.
South Korean shipbuilder Hyundai Samho Heavy Industries receives orders for 5 vessels.
U.S. Sen. John Kennedy has announced an $8.3 million Army grant to fund dredging on waterways in south Louisiana. The work will be performed on the New Orleans Harbor Reach of the Mississippi River, bays along the Gulf Intracostal Waterway, Bayou Lafourche, Houma Navigation Canal and Barataria Bar C
As a part of its coop deal with the U.S. Department of Transportation Maritime Administration (MARAD), Boston-based Sea Machines Robotics has demonstrated its autonomous systems in action on board a Kvichak Marco skimmer boat during events held along the Portland harbor. Sea Machines’ technology dem
DNV GL Launches US Offshore Wind Certification OfficeDNV GL has established a renewables certification office in the U.S. to meet the demands for offshore wind certification services. DNV GL selected its office in Medford, Massachusetts, as the base for the U.S. Renewables Certification group, due t
COSCO SHIPPING Ports Ltd. announced on Friday, Aug. 23, that its subsidiary Shanghai Terminal has sent a proposal to enter into a consortium agreement with COSCO SHIPPING Tianjin and other investors to acquire up to 40% equity shares in CCCC Dredging. The total value of the proposed deal is estimate