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Business & Finance

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EquipmentProject & Tenders
Cal Dive Awarded Contract in Freeport, Bahamas
Business & Finance

Cal Dive Awarded Contract in Freeport, Bahamas

Cal Dive International announced that it has been awarded a contract for removal of a large jetty and installation of a new platform and eleven pipelines in Freeport, Bahamas. The contract is expected to generate total revenue of approximately $56 million and will utilize the Company’s pipelay barge

about 16 years ago
Recruiting Fresh Talent for the Dredging Industry
Business & Finance

Recruiting Fresh Talent for the Dredging Industry

Within the maritime infrastructure industry, the companies that comprise the International Association of Dredging Companies are known for their high-levels of expertise. But outside the industry dredging in general is often little known and undervalued. Important progress is being made to communica

about 16 years ago
UK: Chariot Oil & Gas Limited Appoints RBC Capital Markets as Joint Broker
Business & Finance

UK: Chariot Oil & Gas Limited Appoints RBC Capital Markets as Joint Broker

Chariot Oil & Gas Limited announced that it has appointed RBC Capital Markets as Joint Broker with immediate effect. Chariot Oil & Gas Limited is an independent oil and gas exploration group. The Group currently holds licences covering eight blocks in Namibia, all of which are offshore. All of these

about 16 years ago
Kencana HL Clinches Two HUC Contracts Offshore Malaysia
Business & Finance

Kencana HL Clinches Two HUC Contracts Offshore Malaysia

The Board of Directors of Kencana Petroleum Berhad (“Kencana Petroleum” or “the Company”)announced that its wholly-owned subsidiary, Kencana HL Sdn. Bhd. (“Kencana HL”) has been awarded with two Hook-up & Commissioning work orders from production sharing companies (“the Contracts”). Under the Contra

about 16 years ago
UK: TSmarine Starts Long Term Service Contract With Expro Worth $100 Million
Business & Finance

UK: TSmarine Starts Long Term Service Contract With Expro Worth $100 Million

Australian subsea contractor TSmarine is primed to start a multi-year service contract with international oilfield service company Expro which could be worth a potential $100 million. The deal, awarded to TSmarine’s new Scotland-based offshoot SALT Subsea, will deliver worldwide support for Expro’s

about 16 years ago
The Netherlands: Blue Block Behemoth Getting Ready
Business & Finance

The Netherlands: Blue Block Behemoth Getting Ready

The Blockbuster has been making a big impression on the Maasvlakte in recent months. In the autumn, this specially-designed crane will place the first huge blocks in the Maasvlakte seawall. Testing is underway and the operators are practising with the new crane. The biggest blocks in the coming hard

about 16 years ago
Norway: STX Europe Continues With Record Earnings
Business & Finance

Norway: STX Europe Continues With Record Earnings

STX Europe reported an EBITDA of NOK 205 million for the second quarter of 2010 which is an increase from NOK 75 million in the second quarter 2009. The Offshore & Specialized Vessels business area had a record EBITDA in the second quarter of NOK 298 million and the Cruise & Ferries business area ha

about 16 years ago
The Netherlands: Offshore Solutions BV Appoints New Managing Director
Business & Finance

The Netherlands: Offshore Solutions BV Appoints New Managing Director

Offshore Solutions B.V. (OSBV), the joint venture between AMEC and Cofely Nederland N.V., has appointed Lindsay Young as managing director. Mr Young joins the business from RBG Ltd. (RBG) where he was operations director for its UK business. With more than 25 years experience within contractor compa

about 16 years ago
The Netherlands: Dockwise Bags USD $37 Million in Heavy Marine Transport and Engineering Awards
Business & Finance

The Netherlands: Dockwise Bags USD $37 Million in Heavy Marine Transport and Engineering Awards

Dockwise Ltd. announces 12 awards for Heavy Marine Transport (HMT) and engineering projects that have recently been secured by its subsidiary Dockwise Shipping with a total contract value of almost USD 37 million. Dockwise was awarded an engineering contract to provide a FEM (Finite Element Model) a

about 16 years ago
Stockton North MP, Alex Cunningham, Praises IHC EB: “Represents the Future and the Best of the Past”
Business & Finance

Stockton North MP, Alex Cunningham, Praises IHC EB: “Represents the Future and the Best of the Past”

In a visit to IHC Engineering Business (EB) on Tuesday 31 August 2010, local Labour MP, Alex Cunningham, (Stockton North), declared that the company which recently (31 May 2010) completed an order to build one of the world’s biggest marine pipe laying machines, represents the “future and the best of

about 16 years ago
Norway: Statoil Adds Two New Members to Its Board of Directors
Business & Finance

Norway: Statoil Adds Two New Members to Its Board of Directors

The corporate assembly of Statoil has chosen Lady Barbara Judge and Bjørn Tore Godal as new members of Statoil’s board of directors. The corporate assembly also re-elected Svein Rennemo as chair, Marit Arnstad as deputy chair, and Roy Franklin, Grace Reksten Skaugen and Jakob Stausholm as board memb

about 16 years ago
35th International Seminar on Dredging and Reclamation Coming to Singapore Again
Business & Finance

35th International Seminar on Dredging and Reclamation Coming to Singapore Again

More than ever dredging is in the news. Be it the land reclamation projects in Dubai and Abu Dhabi or the cleanup actions in the Gulf of Mexico and China, or the urgency of coastal protection against rising sea levels in this time of climate change. All are reasons why governments continue to invest

about 16 years ago
USA: Orion Marine Group Announces a Contract Award of Approximately $23 Million
Business & Finance

USA: Orion Marine Group Announces a Contract Award of Approximately $23 Million

Orion Marine Group, Inc., a leading heavy civil marine contractor serving the infrastructure sector, today announced a contract award of approximately $23 million. Orion Marine Group’s wholly owned subsidiary, Misener Marine Construction, Inc., was recently awarded a contract by the U.S. Navy to des

about 16 years ago
Two Important New Offshore Windfarm Contracts Signed by Nordsee – GeoSea (both DEME Group) in German Waters
Business & Finance

Two Important New Offshore Windfarm Contracts Signed by Nordsee – GeoSea (both DEME Group) in German Waters

The Joint Venture Nordsee Nassbagger- und Tiefbau Gmbh – GeoSea NV, both of them members of the Belgian dredging, marine engineering and environmental Group DEME, has been awarded two different contracts for prepiling and installation works to construct both the EnBW Baltic 2 wind farm, 32 km north

about 16 years ago
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