Western Bulk appoints Hans Aasnæs as the new Chief Executive Officer of the company.
TechnipFMC has reported first-quarter 2019 profit of $20.9 million or 5 cents per diluted share. The services major has seen a 78 percent decrease compared to net profit of $95.1 million same time last year. Adjusted earnings per share for the quarter were 6 cents, excluding charges and credits. Rev
Brazilian oil and gas giant Petrobras has executed three sale and purchase agreements to sell assets in the total amount of $10.3 billion (about R$40 billion).
U.S. Army Corps of Engineers, St. Paul District, and city of Wabasha, Minnesota, leadership met to discuss the dredged material management plan for Lower Pool 4, April 19. The Corps is working in partnership with the city in an effort to find a suitable, permanent home for nearly 270,000 cubic yards
CMA CGM launches eSolution, a digital system aimed at enhancing the customer experience.
The Omaha District of U.S. Army Corps of Engineers awarded a contract for a second initial breach repair to Levee L575 last week, aimed to protect critical infrastructure along the Missouri River near Hamburg, Iowa. The purpose of the breach repair is to provide temporary flood protection at the spe
Dredging and cleanup of a nearly three-quarter mile section of the Portage Canal is moving ahead with the Wisconsin Department of Natural Resources providing $4.3 million to cover the cost of the work. “In the spirit of Gov. Evers’ declaring 2019 the Year of Clean Drinking Water, the DNR is committe
Forum Energy Technologies recorded loss in the first-quarter 2019 of $8 million, or 7 cents per diluted share, compared to profit of $28 million, or 25 cents per diluted share, for the prior-year comparable period. Sequentially, Forum narrowed its loss from $3.52 per diluted share, with revenue decr
Ocean Scientific International Ltd (OSIL) has supplied a 1.2m data buoy platform to the “ORION” joint research and development center in Nicosia, Cyprus, for use as a real-time monitoring station on an EU-funded project managing coastal erosion. According to OSIL, “The Harmonized Coastal Corrosion M
NextDecade, a Houston based liquefied natural gas (LNG) company, has entered into an agreement with the Port of Brownsville to deepen nearly half of Brownsville Ship Channel, the Texas Secretary of State’s office said in its latest announcement. During their April 24th meeting, NextDecade CEO, Matt
Hess Corporation booked a profit for the first quarter of the year as opposed to a loss in the same period last year driven by higher production from the Gulf of Mexico, Bakken, and North Malay Basin.
DFDS wants to develop a commercially viable alternative to fossil fuels, including testing on a ferry.
Stuart Jackson wont’s be joining GMS after all.
The Knowledge Exchange Network (KEN) is launching a new initiative aimed at giving Scottish businesses a head start in developing offshore wind products and services with the help of academic expertise. The initiative features the Energy Technology Partnership (ETP), an alliance of 13 Scottish unive
