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Business & Finance

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CNOOC enters into petroleum contract with PetroChina
Business & Finance

CNOOC enters into petroleum contract with PetroChina

CNOOC Limited’s subsidiary, CNOOC China Limited, has signed a Petroleum Contract with PetroChina for Beibu Gulf 23/29 Block and Beibu Gulf 24/11 Block offshore China.

about 7 years ago
Helix Energy back to the black in first quarter
Business & Finance

Helix Energy back to the black in first quarter

Houston-based oil and gas services company Helix Energy Solutions returned to profit in the first quarter of 2019 compared to the same period last year. Looking ahead, Helix expects to see improved results amid increased activity in the North Sea and Gulf of Mexico. Helix on Tuesday reported a net i

about 7 years ago
PPA Inked for St. Johns County Coastal Storm Risk Management Project
Business & Finance

PPA Inked for St. Johns County Coastal Storm Risk Management Project

The U.S. Army Corps of Engineers, Jacksonville District, and St. Johns County yesterday finalized a critical agreement for construction of the St. Johns County Coastal Storm Risk Management Project – South Ponte Vedra Beach and Vilano Beach areas. “The Project Partnership Agreement (PPA) is the next

about 7 years ago
Atkins Part of Environment Agency’s New Framework
Business & Finance

Atkins Part of Environment Agency’s New Framework

Atkins – a member of the SNC-Lavalin Group – has won a place on a new Environment Agency (EA) framework which will continue to deliver a £2.6 billion program to better protect homes from flooding and coastal erosion. Effective from April 2019, the EA’s Next Generation Supplier Arrangements (NGSA) wi

about 7 years ago
Economic Impact Study Released for Michigan Ports
Business & Finance

Economic Impact Study Released for Michigan Ports

The Michigan Port Collaborative (MPC) last week released the results of the first ‘Full Spectrum’ economic impact study of Michigan ports ever conducted in this state. According to Felicia Fairchild, President of the Michigan Port Collaborative (MPC),”While a number of economic impact studies have b

about 7 years ago
Equinor takes Stril Pioner PSV on a four-month ride
Business & Finance

Equinor takes Stril Pioner PSV on a four-month ride

Norwegian oil and gas company Equinor has hired Simon Mokster’s Stril Pioner supply vessel on a four-month firm contract.

about 7 years ago
Jinhui Shipping Buys Supramax Pair
Business & Finance

Jinhui Shipping Buys Supramax Pair

Jinhui Shipping purchased two Supramax bulkers from Chartworld Shipping Corporation.

about 7 years ago
Maersk Line Charters GSL’s Containership
Business & Finance

Maersk Line Charters GSL’s Containership

Global Ship Lease agreed a charter with Maersk Line for the 2000-built vessel Tasman.

about 7 years ago
HMM, FESCO to Extend Roots on China-Russia Service
Business & Finance

HMM, FESCO to Extend Roots on China-Russia Service

Hyundai Merchant Marine is to expand cooperation with FESCO on their China Russia North Service.

about 7 years ago
CSV Southern Ocean Wins Fugro Support Contract Off Australia
Business & Finance

CSV Southern Ocean Wins Fugro Support Contract Off Australia

CSV Southern Ocean has entered into a contract with Fugro to undertake a program of IRM work offshore Australia. Mobilisation of CSV Southern Ocean will start mid-May 2019, immediately following its current charter with McDermott where the vessel is is currently conducting subsea work in India. Math

about 7 years ago
Murphy Oil buying deepwater GoM fields from LLOG for over $1.37 billion
Business & Finance

Murphy Oil buying deepwater GoM fields from LLOG for over $1.37 billion

Murphy Oil Corporation has entered into a definitive agreement to acquire deepwater Gulf of Mexico assets from LLOG for $1.37 billion.

about 7 years ago
Bahri’s Profit Jumps amid Higher Shipping Rates
Business & Finance

Bahri’s Profit Jumps amid Higher Shipping Rates

Bahri delivered a 45 percent stronger net profit in the first quarter of 2019.

about 7 years ago
Tuas Terminal Phase 1 Reaches Important Milestone
Business & Finance

Tuas Terminal Phase 1 Reaches Important Milestone

Mr. Khaw Boon Wan, Singapore’s Coordinating Minister for Infrastructure and Minister for Transport, witnessed the installation of the 221st and final caisson for Tuas Terminal Phase 1 reclamation today. Commenting the latest milestone, Mr. Wan said: “We have been reclaiming from the sea since indepe

about 7 years ago
Carteret County Replenishment Project Almost Complete
Business & Finance

Carteret County Replenishment Project Almost Complete

Great Lakes Dredge & Dock Company (GLDD) vessel Liberty Island got back to work last Sunday (April 21) following the last weekend’s storm in Carteret County. In its latest update on the replenishment project, the county announced that GLDD is approximately 1,000 linear feet away from completing the

about 7 years ago
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