Singapore’s offshore vessel chartering company Swiber, under judicial management since 2016, has formed a joint venture with Hong Kong-based Hilong Marine Engineering.
The Hibernia oil production platform offshore Newfoundland, Canada, is still shut, as cleanup efforts continue one week after 12,000 liters of oil spilled into the Atlantic Ocean.
The President of Ghana, Nana Addo Dankwa Akufo-Addo, cut the sod yesterday for the construction of a mini-harbor and fish landing site in Axim, in the Western Region. The project is set to be executed by China Harbor and Engineering Company (CHEC) over a 30-month period and will involve the construc
ACCC has raised “preliminary” concerns about ANZ Terminals’ acquisition of GrainCorp’s liquid terminals.
Petrobras has signed contracts with Trident Energy and Karoon Gas for the sale of upstream assets in shallow waters in Campos and Santos Basins off Brazil, in the total amount of $1.5 billion.
TechnipFMC has reported second-quarter 2019 profit of $97 million or 21 cents per diluted share. The services major has seen a 8 percent decrease compared to net profit of $106 million same time last year. The results were affected by after-tax charges and credits totaling $78.6 million of expense,
Norwegian oil and gas company Equinor recorded an increase in its second quarter 2019 net income while its earnings were down compared to the last year’s quarter.
Royal Boskalis Westminster N.V. (Boskalis) today announced a contract award by the Ministry of Works of Bahrain in relation to the North Manama Causeway. The contract carries a value of approximately EUR 70 million. The causeway forms part of the Ministry of Works strategic plan to improve the exist
Major floods in the Townsville region in early 2019 have failed to dampen growth in exports leaving the North Queensland city. According to the latest release from the Deputy Premier, Treasurer and Minister for Aboriginal and Torres Strait Islander Partnerships, Jackie Trad’s office, new preliminary
President and chief executive officer of helicopter operator CHC has resigned to accept an opportunity outside of the oil and gas industry.
A dredging project at the Port of Workington, wholly owned and operated by Cumbria County Council, is nearing its completion. The trailing suction hopper dredger (TSHD) Deo Gloria started the latest Workington dredging campaign on Monday, 8th July 2019. Under the cleanup plan, scheduled to be wrappe
Tenaris has been awarded the offshore export pipeline for the Noble Energy’s Alen Gas Monetization Project in Equatorial Guinea. This 70-kilometer pipeline will be constructed to transport natural gas from the Alen offshore platform to existing onshore processing facilities on Bioko Island. The proj
Eagle Bulk is to offer USD 100 million aggregate principal amount of Convertible Senior Notes in a private placement.
The U.S. Army Corps of Engineers, Jacksonville District, and Flagler County have now finalized a project partnership agreement for construction of the Flagler County Coastal Storm Risk Management Project in Flagler Beach, Fla. As USACE reported, this project is expected to reduce annual storm damage
