Cowes Harbor Commission (CHC), Homes and Communities Agency (HCA) and the developer of the HCA’s Victoria Quay marina in East Cowes, are working their way to reach the ‘Harbor Infrastructure Funding Agreement’ (HIFA). According to CHC, Negotiations continue towards finalizing the agreement between t
Cameron, a Schlumberger company, has signed two 10-year pressure control equipment management service contracts with Transocean valued at more than $350 million. The first contract calls for Schlumberger to manage Transocean’s Cameron risers in the Gulf of Mexico. The work scope includes storage, ma
Marine construction company Docks of the Bay from Irvington, VA, has started survey work at the mouth of Jackson Creek in Deltaville prior to the dredging operations. According to the local news provider, Southside Sentinel, Jackson Creek dredging project is scheduled to begin within the next couple
Technip and FMC Technologies have received a court approval for their merger into TechnipFMC. The companies informed that the Chancery Division of the High Court of Justice of England and Wales approved the merger and set the date of completion for January 16, 2017. Two industry giants, Technip and
Belgium’s Exmar has agreed to sell its FSRU business to Vopak, as well as to cooperate with the Dutch terminal operator on future projects.
Rotterdam Offshore Group (ROG) has completed the conversion of the Boskalis’ Ndeavor multi purpose vessel to a cable laying vessel. The conversion included the installation of the new equipment including a 200T knuckle boom crane, a 15T standalone crane, a 227T carousel to store the cable, trencher,
Dutch shipbuilder Damen Shipyards Group and Rosmorport have entered into a partnership agreement for the development of shipbuilding facilities in Russia. The two companies signed an Agreement of Intent during the X International Forum “Transport Week 2016”, said Rosmorport in a release. In the rele
Orascom Telecom Media and Technology (OTMT) has sold the entire shareholding of its subsidiary Middle East and North Africa Submarine Cable (MENA) to Network i2i, a subsidiary of Bharti Airtel. OTMT holds a 100% stake in MENA. OTMT aims to conclude this transaction by the end of Q1 2017, after the f
McLaughlin & Harvey and its joint venture partner Boskalis Westminster are making good progress with the Peterhead Harbor project. Piling work to the north harbor wall at Peterhead Harbor is progressing well, the company said in its latest announcement. The overall project includes, strengthening an
The Dutch Directorate General for Public Works and Water Management (Rijkswaterstaat) is about to award contract for the reinforcement of the Houtrib dike to Van Oord and its partner Boskalis. The contract carries a value of EUR 90 million with the equal share of EUR 45 million going to the two cont
ExxonMobil subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), has awarded contracts to SBM Offshore for a floating production, storage and offloading (FPSO) vessel for the Liza field. Under the contracts, SBM Offshore will perform front end engineering and design for the FPSO, and,
Origin Energy, the owner of a 37.5 percent stake in the Australia Pacific LNG project, has agreed to deliver LNG to ENN of China.
Wison Engineering Services of China has been awarded a contract for an LNG facility in Kazakhstan by Astana Trans Oil.
President Barack Obama recently signed into law the Water Resources and Development Act (WRDA) of 2016, authorizing the Brownsville Ship Channel deepening project, making it eligible for federal funding. The Brazos Island Harbor Channel Improvement Project was one of 28 water infrastructure projects
