The agreement grants IDS an exclusive license for the worldwide commercialization and industrial development of the Clean Sea technology, which will be deployed for underwater inspection activities
The dredged material will be pumped onshore and used for reclamation purposes, contributing to the construction of the port platform and associated infrastructure.
PaxOcean Engineering Pte. Ltd. has signed a Memorandum of Understanding (MOU) with Singapore-based bunker vessel operator Hong Lam Marine and classification society Bureau Veritas (BV) to jointly develop an ammonia bunker vessel design.
Noble Corp. plc has purchased a new GustoMSC CJ46 design jackup rig from the PaxOcean Group in connection with a concurrently awarded drilling contract.
