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Business & Finance

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TechnipFMC pays $301.3M to settle Brazil bribery case
Business & Finance

TechnipFMC pays $301.3M to settle Brazil bribery case

Oilfield services company TechnipFMC has agreed to pay $301.3 million to the U.S. and Brazilian authorities to resolve anti-corruption investigations in Brazil and relating to the intermediary, Unaoil.

about 7 years ago
Hutchison Port Holdings Makes Top Executive Changes
Business & Finance

Hutchison Port Holdings Makes Top Executive Changes

New CEO will take the helm at Hutchison Port Holdings Management from mid-July 2019.

about 7 years ago
NRF: US Congress Gets to Review Future Tariff Hikes
Business & Finance

NRF: US Congress Gets to Review Future Tariff Hikes

New legislation to strengthen congressional authority over tariff increases being imposed by the Trump administration.

about 7 years ago
MacGregor: China’s Clearance of TTS Acquisition Still Pending
Business & Finance

MacGregor: China’s Clearance of TTS Acquisition Still Pending

The completion of MacGregor’s acquisition of TTS Group businesses has again been postponed.

about 7 years ago
Bay Sediment for Bay Restoration
Business & Finance

Bay Sediment for Bay Restoration

A significant amount of sediment dredged from the San Francisco Bay will be placed at Bay restoration sites this summer to support healthy wetlands, the California State Coastal Conservancy informs. The U.S. Army Corps of Engineers (USACE) maintains federal navigation channels in the Bay for shippin

about 7 years ago
LLOG Starts Production from Buckskin Project in GoM
Business & Finance

LLOG Starts Production from Buckskin Project in GoM

LLOG Exploration has started production from the Buckskin Project, located on Keathley Canyon blocks 785, 828, 829, 830, 871 and 872 in the deepwater Gulf of Mexico. The initial phase of the deepwater project consists of two wells in Keathley Canyon 829 and a six-mile subsea tieback to the Lucius pl

about 7 years ago
Uljanik Plovidba Begins Restructuring with Tanker Sale
Business & Finance

Uljanik Plovidba Begins Restructuring with Tanker Sale

Uljanik Plovidba is to dispose of Kastav in the first phase of the company’s financial restructuring process.

about 7 years ago
Another delay for MacGregor’s TTS buy
Business & Finance

Another delay for MacGregor’s TTS buy

Cargotec’s MacGregor has yet to complete the acquisition of TTS Group’s marine and offshore businesses, originally proposed in February 2018.

about 7 years ago
DMEC & IRO Push for Marine Energy Coop with Offshore Sector
Business & Finance

DMEC & IRO Push for Marine Energy Coop with Offshore Sector

DMEC (Dutch Marine Energy Centre) organizes together with IRO (Association of Dutch Suppliers in the Upstream Oil and Gas Industry and Offshore Renewable Industry) a workshop to identify collaboration opportunities between the offshore supply chain and ocean energy technology companies. The workshop

about 7 years ago
Doha Port Expands Berthing Space, Completes Dredging
Business & Finance

Doha Port Expands Berthing Space, Completes Dredging

Doha Port adds extra berthing space and completed dredging works as part of its redevelopment project.

about 7 years ago
Canada Invests $17 Million in Port of Belledune
Business & Finance

Canada Invests $17 Million in Port of Belledune

Serge Cormier, Parliamentary Secretary to the Minister of National Defense and Member of Parliament for Acadie – Bathurst, has announced a major investment of $17 million to increase capacity at the Port of Belledune, located in northeastern New Brunswick, Canada. According to an official announceme

about 7 years ago
Awilco LNG: WilForce Charter Cancelled following May Collision
Business & Finance

Awilco LNG: WilForce Charter Cancelled following May Collision

Awilco LNG gets charter cancelation for Wilforce, an LNG tanker which was damaged in a collision off Singapore.

about 7 years ago
Government of Flanders Excavating New Flood Channels
Business & Finance

Government of Flanders Excavating New Flood Channels

De Vlaamse Waterweg has just announced that the start of excavation works for a new flood channel Wijmeers is starting faster due to a midge infestation. According to the officials, the first step is to excavate a first flood channel in the managed realignment site of Wijmeers. Historic dredging wor

about 7 years ago
Blockchain Consortium to Curb Dangerous Goods Misdeclaration
Business & Finance

Blockchain Consortium to Curb Dangerous Goods Misdeclaration

MBL’s consortium to explore the use of blockchain in tackling risks associated with declaration of dangerous goods.

about 7 years ago
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