The U.S. Army Corps of Engineers (USACE) and the Sabine-Neches Navigation District (SNND) have signed the Project Partnership Agreement (PPA) to begin the construction of the Sabine-Neches Waterway Channel Improvement Project (CIP). Construction of the deepening project is expected to begin in late
McDermott International booked a loss of $146 million for the second quarter of 2019, but the company is encouraged by its record-setting level of backlog.
The Cardwell community has been left in limbo by the Federal Coalition Government after Deputy Prime Minister Michael McCormack refused to commit to an election promise of up to $1.5 million to dredge One Mile Creek, Hinchinbrook MP Nick Dametto said in its latest release. Speaking after his meeting
Floating rig contractor Transocean has reported a net loss attributable to controlling interest of $208 million
Oslo-listed seismic player SeaBird said it will experience delays on two surveys previously secured in West Africa and the Americas. Namely, the 3D survey in West Africa was initially expected to be completed early in Q3 2019 utilizing the Nordic Explorer and is now estimated to be completed in the
The company’s net profit increased by 6 percent to QAR 316 million in first half of 2019.
Siemens Gamesa reported a 12% year-on-year increase in revenue in the first nine months of the 2019 fiscal year, to EUR 7,283 million, driven by record activity in offshore wind. Siemens Gamesa also saw a 23% rise in revenue year-on-year in the third quarter, amounting to EUR 2,632 million, said to
The U.S. Army Corps of Engineers, Buffalo District, began construction of a maintenance repair on Thursday, July 18th, 2019 in Lake Ontario at the west arrowhead breakwater in Oswego Harbor, located in the City of Oswego, New York. The work being conducted consists of repairing 600 linear feet along
GSP has signed a contract with TechnipFMC for the execution of various works within the Karish Gas Development Project in Israel.
McDermott has reported quarterly loss of $146 million, or 80 cents per diluted share, compared to profit of $47 million, or 33 cents per diluted share in the second quarter of 2018. This marks a hat-trick of losses for the Houston-based company. Excluding charges, the adjusted loss for the second qu
Royal Boskalis Westminster N.V. (Boskalis) has been awarded the contract for the seabed intervention and shore crossing activities for Woodside’s proposed Scarborough export gas pipeline in North West Australia. According to Boskalis, the awarded contract potentially carries a value of EUR 145 milli
German utility EnBW has launched its first two green hybrid bonds on the capital markets with a total issue size of EUR 1 billion which will be used to fund offshore and onshore wind projects and photovoltaics. This makes EnBW the first German green hybrid bond issuer, the company said. Rating agenc
German utility EnBW has launched its first two green hybrid bonds on the capital markets with a total issue size of EUR 1 billion which will be used to fund offshore and onshore wind projects and photovoltaics. This makes EnBW the first German green hybrid bond issuer, the company said. Rating agenc
Prysmian has been awarded a project by Vattenfall to provide the submarine inter–array cable systems for the Hollandse Kust Zuid III and IV offshore wind farms in The Netherlands. The award follows Vattenfall’s successful bid for the permit to develop these non-subsidised wind farms. The notice to p
