Norwegian Cruise Line delivered a net income of USD 118.2 million, up from USD 103.2 million a year earlier.
The impending acquisition of Ophir Energy by Indonesia’s Medco is expected to close on May 17, as relevant approvals have been received in Tanzania. As previously reported, the two companies had on January 30 struck a deal on the terms of the proposed acquisition under which Medco was to buy Ophir f
McDermott has been awarded a contract by ADNOC to provide FEED services on a design-competition basis for phase one of the Umm Shaif Gas Cap Condensate Development Project. The scope of work also includes the preparation and submission of an EPCI proposal reflecting the design of the offshore facili
Offshore engineering and construction specialist McDermott has said been hired by Abu Dhabi’s ADNOC for FEED services on a design-competition basis for phase one of the Umm Shaif Gas Cap Condensate Development Project.
Class Action lawsuit filed against Viking Cruises regarding the Viking Sky incident from March 2019.
HHLA made a successful start to the 2019 financial year despite a challenging market environment.
JFD has completed critical subsea mating exercises, marking a key milestone in the sea acceptance trials of the various assets comprising the second of the two third generation Submarine Rescue Flyaway Systems delivered to the Indian Navy. Through the course of the trials, JFD carried out multiple d
BP has awarded KBR’s UK operating subsidiary the Engineering, Procurement and Construction Management contract to provide Facilities Integration and Terminal Quarters and Utilities (QU) Management for the Hub/Terminal of BP’s Greater Tortue Ahmeyim Project, located at the maritime border of Senegal
Orion Group Holdings, Inc. (ORN) today reported financial results for the first quarter ended March 31, 2019. “While the first quarter is normally our seasonally weakest quarter, our results did not meet our expectations,” stated Mark Stauffer, Orion Group Holding’s President and Chief Executive Off
The Environment Agency’s Lincolnshire Beach Management (LBM) scheme gets underway on 13 May, reports the EA. Over the course of the £7 million LBM scheme, the EA’s contractors will pump around 400,000 cubic meters of sand onto Lincolnshire’s beaches. Mark Robinson, senior flood risk adviser for the
DOF Subsea has recently secured several new contracts for project scopes to be carried out over the next few months in the North Sea.
VDAB, the Flemish Service for Employment and Vocational Training, has chosen a dredging simulator developed by Kongsberg on its K-Sim Navigation technology platform. “Selected during a multi-million Euro public tender initiated in September 2018 with the contract signed this April, the system will b
Worley’s Intecsea consultancy has partnered with the Oil & Gas Technology Centre (OGTC) to fund prototype testing of its Pseudo Dry Gas (PDG) liquid removal system. This technology has been developed to make long distance subsea tiebacks, which are not typically economic or technically feasible, com
Offshore accommodation rigs operator Prosafe booked a loss in the first quarter of the year as its revenues declined due to lower dayrates.
