Saudi Aramco announced that its net income was $46.9 billion for the first half 2019, compared to $53.0 billion for the same period last year. That easily outstripped corporate titans such as Apple Inc, Amazon.com Inc and other big oil producers…
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NSW Govt Supports LNG Import Terminal
New South Wales Government is considering a proposal for a $590 million liquefied natural gas (LNG) import terminal in the Port of Newcastle, with the project given critical state significance.Under the prosposal, the terminal will be built…
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Briggs Marine Gets SSE Hydro Contract
UK-based marine services company Briggs Marine Contractors (BMC) has been awarded a framework agreement for the underwater inspection and maintenance of SSE Hydro and thermal power generation sites.Under the contract, the company will provide…
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SeaBird Faces Delays in Seismic Surveys
SeaBird Exploration, a global provider of marine 2D and 3D seismic data and associated products and services to the oil and gas industry, has estimated that its ongoing seismic surveys in West Africa and Americas will both be completed about…
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UUV Market to Reach $7.64bln
The global unmanned underwater vehicles (UUV) market was around USD 2.92 billion in 2018 and is expected to reach approximately USD 7.64 billion by 2025, at a CAGR of slightly above 14.91% between 2018 and 2025.The global unmanned underwater vehicles m...
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Japanese researchers build robotic tail to keep elderly upright
Millions of years after the ancestors of humans evolved to lose their tails, a research team at Japan’s Keio University have built a robotic one they say could help unsteady elderly people keep their balance.
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Los Angeles Port Posts Strong July
For the fourth consecutive month, the Port of Los Angeles (PoLS) has set a new single-month cargo record. In July, the Port moved 912,154 Twenty-Foot Equivalent Units (TEUs), the busiest July in the Port’s 112-year history.A press release form PoLS…
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Iberdrola Sells Stake East Anglia One to GIG
Spanish public multinational electric utility company Iberdrola has entered into an agreement with Green Investment Group (GIG), part of Macquarie Group, to sell a 40% share in the East Anglia One offshore wind farm.The group will continue to be the ma...
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Tekmar Bags Formosa 1 Phase 2 Gig
UK-based Tekmar Energy has been selected as the cable protection system (CPS) and hang off supplier for the 120-MW Formosa I Phase II offshore wind project in Taiwanese waters.A press note from the company announced that it has received the order from ...
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ICTSI Posts Strong H1
Philippines-based international container terminal operator ICTSI has reported a massive increase in profit and a substantial increase in revenues for the first half of 2019.First half throughput rose 7% to 5.04 million teu and came on good revenues…
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