Belgian offshore construction and dredging group Jan De Nul has placed an order for its third and largest offshore wind turbine installation group at COSCO Shipping Heavy Industry in China. The Offshore Jack-Up Installation Vessel, named Voltaire, will be built with a payload of approximately 14,000 tonnes and an unrivaled crane capacity of over 3,000 tonnes, making it the … [Read more...]
Jan de Nul Finds Lucrative Side Business Selling Dredged Sand for Argentina’s Shale Push
By Jonathan Gilbert (Bloomberg) -- Sand shoveled out of an Argentina river used to transport soybeans will soon reappear 1,100 kilometers (700 miles) away in the country’s booming shale fields. Tecpetrol SA, part of billionaire Paolo Rocca’s empire, has started buying sand that Belgium’s Jan de Nul hauls from banks on the Parana River to frack for natural gas in Vaca Muerta, … [Read more...]