Dutch offshore services provider Boskalis has reported a significant decline in the operating result at the Offshore Energy division in the first six months of 2019 caused mainly by operational and contractual issues on a limited number of offshore wind cable projects. The operating result at the Of
Dutch offshore services provider Boskalis has reported a significant decline in the operating result at the Offshore Energy division in the first six months of 2019 caused mainly by operational and contractual issues on a limited number of offshore wind cable projects. The operating result at the Of
The expected investment increased to around USD 6.5 million, from the previously guided USD 5.5 million per vessel.
Representatives from the Army Corps’ Baltimore District and Coastal Design and Construction Inc. last week toured the progress of the breakwater construction as part of the Dyke Marsh Restoration and Protection project. The project is located in Fairfax County, Virginia, just across the Potomac Rive
Energy consultancy Xodus has appointed a new field development director for Asia-Pacific (APAC) as the company targets strategic growth and new projects in the region. David Kennare joins Xodus from Peritus where he was managing director for the company’s operations in Houston, London, Kuala Lumpur
NaiKun Wind Energy Group has signed an indicative offer with an offshore wind developer to develop the NaiKun offshore wind project in British Columbia, Canada. The parties are working to negotiate and sign a definitive agreement in the next few weeks, which will provide technical expertise, dedicat
Royal Boskalis Westminster N.V. today released half-year results for the period ending 30 June 2019, reporting total revenue of €1.27 billion. The company realized a net profit of €1.3 million in the first half of the year (H1 2018: negative €361.4 million). According to Boskalis, revenue in the fir
Forum Energy Technologies’ subsidiaries have entered into a definitive agreement to sell their 40% interest in subsea rentals company Ashtead Technology. The buyers of Forum’s interest are Buckthorn Partners and other investors that currently own the majority of the equity interests in Ashtead. Tota
The transactions are expected to reduce Navios Acquisition’s debt by USD 33.4 million or 3% of outstanding debt.
TechnipFMC has been awarded integrated engineering, procurement, construction and installation (iEPCI) contract by Shell for the PowerNap project in the Gulf of Mexico. TechnipFMC will design, manufacture and install subsea hardware, including subsea tree systems, subsea distribution controls, topsi
C-Kore Systems has completed another successful deployment in the North Sea, on the Greater Guillemot Area field, with the help of the C-Kore subsea testing tools. Faulty elements in the subsea network were diagnosed and replaced within 24 hours of the start of the fault-finding campaign. The GGA ar
Wild Well Control, a Superior Energy Services company, has added a new 10,000 psi-rated capping stack to its WellCONTAINED group of subsea containment equipment. The 10,000 psi-rated (10K) stack is rated to water depths of 10,000 ft, and should play a vital role in supporting quick and effective ser
Going from strength to strength, now with twenty-four full time staff, Perth-born wave power company Bombora is thriving in its new welsh home. Pembroke Dock, with its enviable natural and industrial resources has been a key enabler in the rapid acceleration of Bombora’s full-scale technology valida
The company would contribute 519,000 TEU in ships to the network, Alphaliner cited HMM’s earlier revealed plans.
