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Business & Finance

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Egypt Opens New Multipurpose Terminal at Damietta Port
Business & Finance

Egypt Opens New Multipurpose Terminal at Damietta Port

Around USD 81.3 million was invested in the new multipurpose terminal.

about 7 years ago
C-Innovation Wins BP Gulf of Mexico Job
Business & Finance

C-Innovation Wins BP Gulf of Mexico Job

C-Innovation, an affiliate of Edison Chouest Offshore and its family of companies, has been awarded a contract to perform riserless light well intervention (RLWI) activities for BP in the Gulf of Mexico. The initial contract calls for both mechanical as well as hydraulic acid stimulations, which will

about 7 years ago
IADC Networking Event in Hilvarenbeek
Business & Finance

IADC Networking Event in Hilvarenbeek

Almost 60 young employees from four members of International Association of Dredging Companies (IADC) came together on June 12, 2019, at the Hilvaria Studios in Hilvarenbeek, the Netherlands. René Kolman, Secretary General of IADC, welcomed the participants and started with an introduction of IADC,

about 7 years ago
Shell contracts Danos for integrated operations on Enchilada platform
Business & Finance

Shell contracts Danos for integrated operations on Enchilada platform

Danos has been awarded multiple contracts with Shell to provide integrated operations on its Enchilada platform.

about 7 years ago
Norway PM Solberg lays foundation stone for Kvaerner’s new Stord quay
Business & Finance

Norway PM Solberg lays foundation stone for Kvaerner’s new Stord quay

Norwegian engineering and construction services company Kvaerner has laid a foundation stone for its new quay at the Stord shipyard in Norway.

about 7 years ago
New Damietta Terminal Inaugurated
Business & Finance

New Damietta Terminal Inaugurated

The Egyptian Minister of Transport, Engineer Kamel Al-Wazir, announced the completion of a new multi-purpose terminal in Damietta Port today. The multi-purpose terminal, established under the supervision of the Armed Forces Engineering Authority (AFEA), includes a 630m long, 17m deep berth and is eq

about 7 years ago
Lack of Automation Rules a Major Challenge, Ståhlberg Says
Business & Finance

Lack of Automation Rules a Major Challenge, Ståhlberg Says

Biggest challenge for new automated ferry is the lack of rules, Wasaline explains during Nor-Shipping in Oslo.

about 7 years ago
AGL Eyes Vocus
Business & Finance

AGL Eyes Vocus

AGL Energy Limited (AGL) has been granted exclusive access to conduct due diligence on Vocus for a period of four weeks after submitting a non-binding, indicative proposal to acquire Australia-based telco operator. The indicative proposal follows AGL’s announcement that it had previously been unable

about 7 years ago
Performance Shipping Buying Its First Two Tankers
Business & Finance

Performance Shipping Buying Its First Two Tankers

Performance Shipping, former Diana Containerships, is to purchase two Aframax tankers for USD 60 million.

about 7 years ago
New Shallow Water Tool from JFSE
Business & Finance

New Shallow Water Tool from JFSE

Controlled flow excavation (CFE) services expert James Fisher Subsea Excavation (JFSE) – part of James Fisher and Son plc – has developed a low draft, lightweight excavator. The SP2000 ULD will primarily be used for shallow water excavation and shore pull works including trench maintenance during pu

about 7 years ago
QTRIP Released, $9 Million for Molongle Creek Dredging
Business & Finance

QTRIP Released, $9 Million for Molongle Creek Dredging

More than 21,500 Queensland jobs will be supported by a record $23 billion investment in roads and transport infrastructure over the next four years, the Queensland Government announced yesterday. Transport and Main Roads Minister, Mark Bailey, said that the Queensland Transport and Roads Investment

about 7 years ago
UK’s New Offshore Renewables Hub Gets GBP 4 Million Grant
Business & Finance

UK’s New Offshore Renewables Hub Gets GBP 4 Million Grant

The Supergen ORE Hub has received GBP 4 million from the Engineering and Physical Sciences Research Council (EPSRC) as support for offshore renewable energy research. The Supergen ORE Hub is a national consortium created in July last year to bring together academic, industrial and policy stakeholder

about 7 years ago
UK’s New Offshore Renewables Hub Gets GBP 4 Million Grant
Business & Finance

UK’s New Offshore Renewables Hub Gets GBP 4 Million Grant

The Supergen ORE Hub has received GBP 4 million from the Engineering and Physical Sciences Research Council (EPSRC) as support for offshore renewable energy research. The Supergen ORE Hub is a national consortium created in July last year to bring together academic, industrial and policy stakeholder

about 7 years ago
Sleipner CCS Project to Share Data
Business & Finance

Sleipner CCS Project to Share Data

Equinor and its partners will disclose a dataset from the Sleipner field – the world’s first offshore CCS plant – in a push to advance innovation and development on the field of CO2 storage. Since 1996, the Sleipner field has been used as a facility for carbon capture and storage by Equinor as opera

about 7 years ago
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