The kickoff ceremony for the phase one of Singapore’s mega-port terminal in Tuas was held today, April 29th 2016, with Transport Minister Khaw Boon Wan starting the construction by launching the first caisson at the site. The Tuas Terminal Phase 1 project is large in scope and includes construction
Olympic Shipping has secured a contract for Olympic Delta, an inspection, maintenance and repair (IMR) vessel, with an international client. The vessel, with the length of 92.55 meters, will be employed in the renewable energy sector. According to the company, the contract will start in August and h
Guidance Marine has signed a memorandum of understanding (MoU) with Sonardyne Brazil to provide support for its Artemis product in Brazil. Under the terms of the MoU, Sonardyne will be able to carry out equipment servicing and repair for the Artemis system, a microwave position reference sensor for
Oil and gas exploration company Ophir Energy has terminated discussions with Schlumberger regarding the latter’s participation in Fortuna floating LNG project, offshore Equatorial Guinea. The duo in January entered into a non-binding Heads of Terms Agreement whereby Schlumberger would get a 40% econ
New Montrose Bridge Linked Platform (BLP) topside, built by Heerema Fabrication Group’s Zwijndrecht yard for Talisman Sinopec, is heading to its final offshore destination in the UK sector of the North Sea. According to information published on Thursday on Heerema’s social media, the Montrose BLP to
French oilfield specialist Technip will not accept a decision by its Danish client Dong Energy to scrap the order for the construction of an offshore platform. Technip, in cooperation with the South Korean shipbuilder Daewoo Shipbuilding Marine and Engineering, in February 2012 won the order to buil
South Korean shipyard, Samsung Heavy Industries on Thursday informed Royal Dutch Shell cancelled the order for three floating LNG units.
India’s largest LNG importer Petronet has reportedly issued a tender seeking two cargoes of liquefied natural gas.
The Environment Agency is continuing the work on Starcross and Cockwood defense scheme that will manage the risk of tidal flooding on the Exe Estuary. The proposed scheme is estimated to reduce flood risk to over 600 residential and commercial properties. In addition to managing current flood risk,
Glassfiber Produkter has been awarded a contract from Aker Solutions as part of its Total Kaombo project in Angola. Kaombo is one of the world’s largest subsea developments, located in Block 32 about 150 kilometers off the coast of Angola. According to the company, the contract will see Glassfiber P
The Navarre Beach renourishment project is now officially underway, according to the Santa Rosa County, Florida. The project kicked off two weeks ago when the contractor Weeks Marine Inc. began with the mobilization of equipment. Two submerged pipelines, traveling from the Pensacola Bay staging area
Subsea IMR provider, N-Sea, has been awarded a new contract with Galloper Offshore Wind Farm. The contract for pre-construction unexploded ordnance (UXO) clearance works started in April 2016 and includes UXO risk management, target investigations and clearance on the Galloper Wind Farm, off the coa
Seismic contractor, Polarcus has posted quarterly boost in profit as a result of the completion of its financial restructuring. Namely, restructuring resulted in a $224 million increase to book equity and $351 million reduction in the carrying value of debt. The Oslo-listed company reported net prof
The U.S. Army Corps of Engineers, Baltimore District, has released this beautiful photo of the dredge MURDEN performing regularly scheduled Assateague Island bypass operations off the coast of Ocean City, MD. The MURDEN will be removing material from in and around the channel, with an emphasis on th
