Latest News

ChartCo and Marine Press, both leaders in global digital navigation solutions, have announced their merger. The move will result in the creation of a new, world-leading company called OneOcean which will offer the largest range of navigation and compliance solutions into the maritime sector.

Damen has just shipped a fully customised Cutter Suction Dredger (CSD) 350, to Brazil. The standard dredger was adapted to meet Brazilian Naval requirements and received additional options as per customer request. Damen has carried out the job very quickly; from contract signature to departure from the Port of Antwerp in just under four months.

Harvey Gulf announces that it increased EBITDA by 33% in the 3rd quarter. The Company attributed the increase to a continued, successful international expansion. However, the Company also warned the end of downturn is still years away, and the industry needs further consolidation and SG&A reductions.

The delivery of the third Fast Crew Supplier (FCS) 2710 bought by Swansea, UK-based High Speed Transfers has taken place at Damen Shipyards Antalya. Named HST Harri, she joins the HST Hudson, delivered in May 2018, and the HST Sofia, which was handed over in March this year. A fourth FCS 2710 for High Speed Transfers, to be named HST Euan, is currently nearing completion for delivery in December.

The first-of-a-kind commercially-ready offshore wave power generation device is soon to be completed thanks to the experts from Finnish-based AW-Energy - the world-leading wave energy technology developer. The team has deployed its WaveRoller® device offshore at Peniche, a seaside municipality and a city in Portugal.

Equinor and partners ExxonMobil, Idemitsu and Neptune have discovered oil and gas in exploration well Echino South, 35/11-23, by the Fram field in the North Sea. Recoverable resources are estimated at 6-16 million standard cubic meters of oil equivalent, corresponding to 38-100 million barrels of oil equivalent.

The 2018 edition of Dredging in Figures, an annual review of the global open dredging market by the International Association of Dredging Companies (IADC) is now available. The annually prepared report serves as a resource to entities interested in the financial development of the dredging industry.

Offshore Source Logo

Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.

Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.

Corporate Offices

Technology Systems Corporation
8502 SW Kansas Ave
Stuart, FL 34997

info@tscpublishing.com