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Business & Finance

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Forum on Llandudno Coastal Flood Defenses Next Week
Business & Finance

Forum on Llandudno Coastal Flood Defenses Next Week

Llandudno Coastal Forum, working with Conwy County Borough Council and its consultants, will host a public drop-in session at the Victoria Center in Llandudno to introduce the shortlisted options for managing Llandudno’s beaches. The event will take place on Friday 26th and Saturday 27th July betwee

about 7 years ago
Wynyard Edge Alliance Makes Good Progress in Auckland
Business & Finance

Wynyard Edge Alliance Makes Good Progress in Auckland

The Wynyard Edge Alliance (WEA) team has been working hard lately making a good progress on the America’s Cup bases in Auckland. According to the Alliance, the breakwater along Hobson Wharf (Breakwater 8) is complete, with minor finishing works wrapped up in early July. They also added that all 84 p

about 7 years ago
Aker Solutions books loss in second quarter
Business & Finance

Aker Solutions books loss in second quarter

Norwegian oilfield services provider Aker Solutions recorded a loss in the second quarter of the year despite increase in revenues driven by higher activity.

about 7 years ago
Gewan Island Contract Awarded
Business & Finance

Gewan Island Contract Awarded

United Development Company (UDC), a Qatari real estate developer, has awarded the execution of marine works at Gewan Island to UrbaCon Trading & Contracting Company and Promar Marine Contracting Company. UDC president and CEO, Ibrahim Jassim al-Othman, signed the agreements with UrbaCon Trading & Co

about 7 years ago
Aker Solutions Down on Impairments Despite Revenue Boost
Business & Finance

Aker Solutions Down on Impairments Despite Revenue Boost

Aker Solutions has seen red in the second-quarter 2019, as impairments affected the company’s bottom line, compared to same time last year. The Norwegian services player booked Q2 2019 loss of NOK 11 million, against profit of NOK 117 million in the prior-year comparable period. However, Earnings be

about 7 years ago
Contract extension for KS Drilling rig in Vietnam
Business & Finance

Contract extension for KS Drilling rig in Vietnam

Singapore-based offshore drilling company KS Drilling has won a contract extension for one of its jack-up drilling rigs.

about 7 years ago
TechnipFMC Adds President New Ventures
Business & Finance

TechnipFMC Adds President New Ventures

TechnipFMC has welcomed Catherine MacGregor to its executive leadership team as president New Ventures. MacGregor previously spent 23 years with Schlumberger in a succession of leadership positions involving global operational activities. These included president Drilling Group, president Characteri

about 7 years ago
Parliament Plans to Declare Port City Part of Colombo District
Business & Finance

Parliament Plans to Declare Port City Part of Colombo District

Construction of Port City Colombo, a brand new city development built as an extension of the Central Business District of Sri Lanka’s vibrant commercial capital, is steaming ahead, creating history for Sri Lanka day by day. According to the Port City Colombo’s latest announcement, the Parliament of

about 7 years ago
Orion Group Bags South Texas Gateway Terminal Project
Business & Finance

Orion Group Bags South Texas Gateway Terminal Project

Orion Group Holdings, Inc. (ORN) announced yesterday it has won a contract worth up to $52 million for dredging services in Texas. As ORN reported, the company’s Marine segment has been awarded the $52 million dredging contract for the South Texas Gateway Terminal project under development in Ingles

about 7 years ago
DSC Dredge Best Paper Winner
Business & Finance

DSC Dredge Best Paper Winner

WEDA, a non-profit technical association devoted to the exchange of knowledge in fields related to dredging, navigation, marine engineering and construction, held their 2019 Dredging Summit & Expo in Chicago, IL the first week of June. With the theme “Why Dredging is Good”, the selection committee n

about 7 years ago
The First USV Pilot Technique Competition Held in Zhuhai
Business & Finance

The First USV Pilot Technique Competition Held in Zhuhai

The first USV Pilot Technique Competition was recently carried out in Xiangshan Marine Technology Bay in Zhuhai, China. Contestants competed on both theoretical knowledge and field operation for the final award. 19 contestants joined the competition. Their first challenge was to set up configuration

about 7 years ago
EnerMech promotes COO to chief executive role
Business & Finance

EnerMech promotes COO to chief executive role

Integrated engineering service provider EnerMech has appointed a new chief executive officer (CEO).

about 7 years ago
McDermott Bags FEED Contract for Sohar LNG Bunkering Project
Business & Finance

McDermott Bags FEED Contract for Sohar LNG Bunkering Project

Sohar LNG Bunkering Project would establish Oman as a regional LNG bunkering hub.

about 7 years ago
Keppel Agrees USD 95 Mn Worth of FPSO, Dredger Deals
Business & Finance

Keppel Agrees USD 95 Mn Worth of FPSO, Dredger Deals

The shipbuilder agreed modification of an FPSO and construction of a dredger with repeat customers.

about 7 years ago
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