Dredging Today brings you an overview of the most popular stories from the past week (October 31 – November 6, 2016). Boskalis and CNV Vakmensen Reach Agreement Royal Boskalis Westminster N.V. recently announced that the trade union CNV Vakmensen has agreed to the social plan related to the previo
Brazilian oil company Petrobras, considered world’s most heavily indebted oil major, might be in for a treat. Namely, news agency Reuters has reported that the Brazilian government might pay Petrobras some $20 billion for offshore areas in Brazil that have lost value since the oil prices fell. Accor
Dhaka-based business conglomerate DBL Group has recently launched its dredging business – DBL Dredging. To support its entry into this new market it ordered two IHC Beaver® 50 cutter suction dredgers (CSDs), and two Delta Multi Craft (DMC) 1050 work boats. The two IHC Beaver® 50s were delivered with
The Wartsila Yuchai Engine Company Limited (WYEC), a joint venture company founded in 2013, has been contracted to supply two 16-cylinder Wartsila 32 engines for a large new dredging vessel. The ship is being built at the Dongguan Xiandai Shipbuilding yard for a private Chinese operator. The newbuil
Kongsberg Maritime has launched GeoSwath 4, the fourth generation of its GeoSwath shallow water multibeam echo sounder. GeoSwath 4 features a new look deck unit, which is smaller and lighter, with sufficient Ethernet, USB and serial interfaces to suit any combination of peripheral sensors. Inside, t
Ellicott Dredge Technologies (EDT) has announced the successful launch of a Mud Cat™ Multi-Function Dredge (MFD) at the SouthBay Residential Development in Bismarck, North Dakota. The dredge will remove 20,000 cubic yards (15,290m³) of sand and clay from a private residential lake where developers a
Ecosse Subsea Systems (ESS) is to invest up to £3 million in developing a water-jetting tool which has the potential to double trench production rates in seabed trenching operations. The subsea and engineering technology company has awarded a contract to Northumberland-based Osbit which specialises
Ecosse Subsea Systems (ESS) said it will invest up to £3 million in developing a water-jetting tool which, reportedly, has the potential to double trench production rates in seabed trenching operations. ESS has awarded a contract to Osbit. The Northumberland-based company will be the lead detail des
Energy Ventures, an independent private equity firm, has allocated $200 million “to help boost North Sea businesses during challenging times for the oil and gas industry.” According to a statement on Thursday, the organization is aiming to invest into firms in need of finance, be it for stabilizatio
Chevron has awarded Trelleborg a license agreement to develop buckling mitigation buoyancy technology, including the design and qualification of the new product. In certain offshore conditions, lateral movement of traditional fixed buoyancy modules can cause soil compaction, increased lateral soil r
A recently formed subsea services business, M² Subsea Limited, has secured a substantial injection of private equity investment to acquire a fleet of 32 remotely operated vehicles (ROVs). Aberdeen and Houston based company has attracted the investment from a fund advised by Alchemy Special Opportuni
The Finnish company Aquamec Ltd. has launched its new Watermaster dredger – Classic V, with 50% more suction dredging capacity compared to the Classic IV model. Aquamec’s research and development work has also generated the Watermaster Urban dredging concept and new features for hard soil dredging.
Wintershall Norge has awarded a contract to IKM Cleandrill, a specialist mud recovery subsidiary of the IKM Group, for the provision of mud recovery services on multiple wells offshore Norway. IKM said that the contract would cover potential development drilling campaigns on the Maria field, as well
Seabed Geosolutions has announced the availability of its four-component (4-C) Manta ocean bottom node crew in early Q2 2017. Manta was developed in co-operation with Fugro and combines technologies to provide a cost-effective alternative to high-end streamer data acquisition. The system leverages p
