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Norwegian oil and gas major Equinor has recognised $300m in impairments to its renewables business in a third quarter earnings statement that recorded a net income of $2.5bn, down from $9.4bn in the same quarter of 2022. Equinor said its offshore wind projects on the US north-east coast had been negatively impacted by cost inflation… Read More
ITASCA, Ill.–(BUSINESS WIRE)–Global supply chain solutions leader, AIT Worldwide Logistics, has opened two new locations in Southeast Asia, one in Penang, Malaysia, and another in Singapore. With the addition of these offices, AIT’s geographic footprint in Asia has expanded to six countries, supporting customers that continue to diversify sourcing of components and finished goods. According… Read More
HME Construction,* Vancouver, Washington, was awarded a $10,887,500 firm-fixed-price contract for maintenance dredging and material transportation services. Bids were solicited via the internet with three received. Work will be performed in Redwood City, California, with an estimated completion date of May 17, 2024. Fiscal 2023 civil operation and maintenance funds in the amount of $10,887,500… Read More
David Simonelli, Great Lakes retired Chief Operating Officer was honored with the Distinguished Achievement Award from the University of Rhode Island (URI) College of Engineering. The Distinguished Achievement Awards honor alumni, corporations, and friends who personify URI’s tradition of excellence in professional achievement, leadership contributions, community service, and philanthropic endeavors, thereby bringing distinction to themselves… Read More
Lt. Col. Robert Nahabedian reflects on his career as he assumes command as the 90th Charleston District engineer. As he grew into a ‘self-described’ academic nerd with athletic abilities at New Fairfield High School, where he played baseball, Robert Nahabedian discovered his true passion was for science, technology, engineering, and mathematics. He knew early on… Read More
HOUSTON, Oct. 25, 2023 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported its financial results for the third quarter ended September 30, 2023. Highlights for the quarter ended September 30, 2023: Contract revenues of $168.5 million GAAP net loss was $0.7 million or $0.02 per… Read More
Three Offshore Wind and 22 Land-Based Renewable Energy Projects Totaling 6.4 Gigawatts Will Power 2.6 Million New York Homes and Deliver 12 Percent of New York’s Electricity Needs in 2030 Projects Expected to Create Approximately 8,300 Family-Sustaining Jobs and Bring $20 Billion in Economic Development Investments Statewide, Including Developer-Committed Investments to Support Disadvantaged Communities Advances… Read More
Seaside LNG and Polaris New Energy have christened the LNG bunker barge Clean Everglades at Fincantieri Bay Shipbuilding in Sturgeon Bay, Wisconsin. The vessel will serve as the sister ship to the largest Jones Act-compliant LNG bunkering barge, Clean Canaveral, which was delivered by FBS two years ago and has successfully completed over 65 LNG bunker deliveries based out… Read More
TotalEnergies has sold its minority stake in the 3GW Attentive Energy offshore wind project to Corio Generation, an offshore wind developer, and Rise Light & Power, a New York-based electricity producer. The French oil and gas giant has sold 27.7% and 16.3% stakes in the project to Corio and Rise respectively, for a total of $420m (€395m). The… Read More
The Mid-Atlantic Clean Hydrogen Hub has received an invitation from the Department of Energy for negotiations to receive awards of up to $750 million for its programs across several states, after its application was among seven nationally picked for funding. MACH2 is part of the Mid-Atlantic Hydrogen Hub (MAHH), a coalition of more than 60… Read More
Flexport founder Ryan Petersen said in September — in the wake of his hand-picked CEO’s sudden departure — that the logistics company needed to get its house in order. It started with Petersen rescinding dozens of employment offers and looking to lease out the company’s office space as it looks to get costs under control. Now, the… Read More
SAN PEDRO, Calif. – Oct. 17, 2023 – The Port of Los Angeles has promoted Cecilia Moreno, a veteran employee of the Harbor Department, to be its new Community Relations Director. Moreno will oversee the Port’s community relations team, special events, administration of the department’s Community Investment Grants program, as well as managing the Port’s… Read More
Bentley Systems revealed the winners of the 2023 Going Digital Awards in Infrastructure. The selection was made by 12 independent jury panels for separate award categories, which picked the 36 finalists from over 300 nominations submitted by 235 different companies in 51 countries. The judges picked the winners in each category at Bentley’s annual Year… Read More
Trimble (NASDAQ: TRMB) and The Ohio State University have announced the opening of two state-of-the-art Trimble Technology Labs for the College of Food, Agricultural, and Environmental Sciences (CFAES) at The Ohio State University. Both of the multidisciplinary labs will enhance the university’s hands-on learning, teaching, research and outreach activities in food and agricultural engineering, as well… Read More
FT. MYERS BEACH, Fla. — On the first anniversary of Hurricane Ian, $338 million in state funding to communities impacted by the storm to support long-term recovery efforts and resiliency. The funds will support the ongoing hurricane relief and recovery efforts, specifically for schools, sheriff’s offices, fire stations, parks and recreation centers, roads, wastewater treatment plants,… Read More