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Business & Finance

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NOC: Crude Oil Loadings Halted at Libya’s Zawiya Port
Business & Finance

NOC: Crude Oil Loadings Halted at Libya’s Zawiya Port

Libya’s National Oil Corporation declares force majeure on crude oil loadings at Zawiya port.

about 7 years ago
Google’s New Subsea Cable to Land on St Helena
Business & Finance

Google’s New Subsea Cable to Land on St Helena

St Helena Government (SHG) has issued a letter of intent to connect St Helena to the Equiano subsea cable project. This will provide the first fibre-optic connectivity from St Helena to the outside world through both Europe and South Africa. On 28 June 2019, Executive Council made the decision to pr

about 7 years ago
OneSubsea clinches 20-year subsea deal with Chevron
Business & Finance

OneSubsea clinches 20-year subsea deal with Chevron

OneSubsea, a Schlumberger company, has been awarded a 20-year subsea equipment and services master contract for subsea development projects in the Gulf of Mexico by oil major Chevron.

about 7 years ago
Whyalla Breakwater Project Completed
Business & Finance

Whyalla Breakwater Project Completed

The breakwaters at the marina have been fully re-opened following the completion of strengthening work, reports the Whyalla City Council, South Australia. Local company Whyalla Earthworks conducted the third stage of the breakwater rock armor installation project over the last two weeks to strengthe

about 7 years ago
Five 2020 Bulkers’ Newbuildings to Be Delivered Earlier
Business & Finance

Five 2020 Bulkers’ Newbuildings to Be Delivered Earlier

The delivery of five of the company’s new vessels had been advanced by a total of eight months.

about 7 years ago
David Lamont Takes ROVOP Helm
Business & Finance

David Lamont Takes ROVOP Helm

ROVOP, the subsea robotics company, has said that David Lamont is assuming the position of CEO with immediate effect. Lamont, who currently serves as the chairman at ROVOP, was most recently CEO at Proserv. Lamont said: “I have enjoyed working with the ROVOP team over the past months as Chairman and

about 7 years ago
Eni Gets NOPSEMA Approval for Woollybutt Environment Plan
Business & Finance

Eni Gets NOPSEMA Approval for Woollybutt Environment Plan

Eni has received approval from Australian NOPSEMA for the environment plan for the Woollybutt field decommissioning project, offshore Western Australia. The Woollybutt field is located approximately 80 km off the northwest coast of Western Australia in Lease Area WA-25-L. The field is presently shut

about 7 years ago
Novatek Closes LNG 2 Transaction with Chinese, Japanese Firms
Business & Finance

Novatek Closes LNG 2 Transaction with Chinese, Japanese Firms

PAO Novatek closed the sale of minority stakes in Arctic LNG 2 Project to Chinese and Japanese companies.

about 7 years ago
OneSubsea in Long-Term GoM Master Agreement with Chevron
Business & Finance

OneSubsea in Long-Term GoM Master Agreement with Chevron

Chevron has awarded OneSubsea a 20-year equipment and services master contract for subsea development projects in the Gulf of Mexico, a parent company Schlumberger said in its quarterly report. Combining this master contract with a preapproved catalog of standard subsea equipment should enable Chevr

about 7 years ago
Interview with MTCC CEO: Becoming Regional Player in Dredging and Land Reclamation
Business & Finance

Interview with MTCC CEO: Becoming Regional Player in Dredging and Land Reclamation

The Maldives is an independent island nation in the north-central Indian Ocean, which consists of about 1,200 small coral islands and sandbanks (some 200 of which are inhabited). One third of the approximately 450,000 inhabitants live in the capital, Male’ city. While Male’ is relatively developed,

about 7 years ago
Red Ink for PGS
Business & Finance

Red Ink for PGS

Petroleum Geo-Services (PGS), reported loss for the second quarter ended June 30, 2019 of $49 million versus profit of $10 million in the prior-year quarter. Basic loss per share was 14 cents, down from 3 cents per share profit same time last year. Norway-based PGS generated $192 million in quarterl

about 7 years ago
New Sand Arrives at West Beach and Henley Beach South
Business & Finance

New Sand Arrives at West Beach and Henley Beach South

The Government of South Australia is currently placing sand to Adelaide’s West Beach and Henley Beach South from the Semaphore South breakwater to address ongoing erosion of the dunes, the City of Port Adelaide Enfield informs. According to the city’s latest release, “the aim is to steadily supply s

about 7 years ago
Stena Bulk Waiting Permission to Visit Stena Impero’s Crew
Business & Finance

Stena Bulk Waiting Permission to Visit Stena Impero’s Crew

Stena Bulk submitted a formal request for permission to visit the 23 crew members Stena Impero.

about 7 years ago
DNV GL Takes LiDAR Verification to Asia
Business & Finance

DNV GL Takes LiDAR Verification to Asia

DNV GL has launched its first LiDAR verification site in Asia, located in the Jella Province in South Korea. According to DNV GL, LiDAR verification campaigns for Asian stakeholders previously had to be conducted at oversea sites, while they now have the opportunity to be done locally. “Previously,

about 7 years ago
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