Nakilat’s net profit increased to QAR 236 million during the first quarter of 2019.
The Australian government withdraws funding for the new cruise terminal project in Newcastle.
FPSO operator BW Offshore has signed an agreement with Petrobras for a one-year extension for the lease and operation of BW Cidade de São Vicente.
Oceaneering has taken delivery of the advanced subsea construction support vessel, Ocean Evolution. The vessel has completed sea trials and received all necessary ABS and U.S. Coast Guard certifications and is currently in Port Fourchon, Louisiana, completing final outfitting and preparing for proje
Albwardy Damen has received an award for its innovative design of the new Damen Multibuster 8020 shallow draught, multi-purpose vessel. The award was presented at the MASTECH international marine technical conference, held on board the iconic QE2 floating hotel in the UAE. Albwardy Damen has been de
To acknowledge the completion of Phase one of the Quonochontaug salt marsh restoration and enhancement project, the Rhode Island Coastal Resources Management Council (CRMC) and project partners will be gathering for a celebration at the project site on Thursday, April 25. The CRMC, along with the To
Helix Energy Solutions has reported net income of $1.3 million, or $0.01 per diluted share, for the first quarter of 2019 compared to a net loss of $2.6 million for the same period in 2018. Sequentially, results improved from net loss of $13.7 million, or $(0.09) per diluted share. Helix reported Ad
The U.S. Army Corps of Engineers, Omaha District, awarded a $12 million contract last week for a second initial breach repair to Levee L575 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
TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction and Installation (iEPCI) contract from ConocoPhillips for the TOR II development, located in the Norwegian sector of the North Sea at a water depth of 80 meters.
German energy company E.ON and Japan’s Kyuden Mirai Energy signed a cooperation agreement to jointly develop offshore wind projects in Japan. The cooperation is focused on fixed bottom projects and starts with a study to jointly select a project for development, construction and operations in the Ky
North Carolina Ports has hosted its first-ever 12,000 TEU vessel in the Port of Wilmington.
The €2.5 million Blue-GIFT (Blue Growth and Innovation Fast Tracked) project has announced the 1st call for applications. Funded by Interreg Atlantic Area, the Blue-GIFT project is a coordinated ocean energy technology demonstration programme encouraging longer-term demonstration and technology de-r
Louisiana Governor John Bel Edwards yesterday joined Dr. Jay Clune, president of Nicholls State University and Chip Kline, head of the Coastal Protection Restoration Authority (CPRA) in signing a Memorandum of Understanding (MOU) to create a new coastal studies center at Nicholls. The center, to be
Qatar’s major LNG ship construction program could see over a 100 new LNG carriers built over the next decade.
