International renewable energy consultancy Natural Power has acted as lead due diligence engineer for the acquisition of a portfolio of eight operational wind farms in France. Natural Power as technical advisor together with KPMG acting as financial advisor and also undertaking the financial due dil
International renewable energy consultancy Natural Power has acted as lead due diligence engineer for the acquisition of a portfolio of eight operational wind farms in France. Natural Power as technical advisor together with KPMG acting as financial advisor and also undertaking the financial due dil
Eco Marine Power Co. Ltd. (EMP) released today further details of its modified version of the Aquarius MRE System for use on naval and coast guard ships. This modified system will use EMP’s patent pending EnergySail technology to form an array of devices able to harness renewable energy on these typ
Caterpillar introduces the newest addition to the Cat® Product Link™ suite of hardware offerings. The new PL421 hardware provides customers a lower-cost track-and-trace option to support total fleet monitoring and management capabilities. The PL421 provides basic asset monitoring capability for 12-v
Atlantic Petroleum announces has issued a voluntary offer for 100% of the shares in Emergy Exploration AS based in Bergen, Norway. Emergy Exploration is an independent, upstream oil and gas company focused on the Norwegian Continental Shelf (the “NCS”). The Offer for 100% of the shares in Emergy is
Sens. David Vitter and Barbara Boxer have something in common. At least that’s what the conservative Louisiana senator hopes as he prepares to take over the top Republican slot on the Environment and Public Works Committee. The Southern conservative and the Left Coast firebrand both represent coasta
Forum Energy Technologies, Inc., announces the signing of a contract with Cummings Consulting, Inc. (Cummings). Under the contract, FET will supply two complete Sub-AtlanticTM Mojave Remotely Operated Vehicle (ROV) systems. Both of the Mojave ROVs will be equipped with job specific tooling systems s
CGGVeritas announced the launch of an offering of bonds convertible into and/or exchangeable for new or existing shares (“OCEANEs”) due 1st January 2019 in an initial nominal amount of approximately €315 million, which may be increased up to a maximum nominal amount of approximately €360 million in
JDR, a leading provider of technology connecting the global offshore energy industry, is pleased to provide an update on its trading performance for the nine months ended 30 September 2012. Record revenue of £85.6m (an increase of 75% from the equivalent period last year) Record EBITDA performance d
Anchor Contracting, owned by Inocean, has delivered a complete Mid Water Arch (MWA) system to its customer NOV Flexibles (previous NKT Flexibles). The MWA will be a part of a FPSO set-up contracted by Indian state owned Oil and Natural Gas Corp (ONGC) and the Malaysian operator Bumi Armada for the D
MODEC announced that Petróleo Brasileiro S.A. (“Petrobras”), through its subsidiary Tupi B.V., on behalf of Consortium BM-S-11, has signed a Letter of Intent (LoI) for the supply, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-11 block (Lula – I
Antrim announced that production of oil has commenced from the Causeway Field in UKCS Block 211/23d (Antrim working interest 35.5%). Commissioning of the Causeway field has now commenced with gross production rates of around 4,500 barrels of oil per day on a 53% choke. Initial production rates are c
Deep Down, Inc., an oilfield services company specializing in products and services for the deepwater and ultra-deepwater oil and gas industry, reported net income of $970 thousand for the third quarter of 2012, an improvement of $364 thousand over the same period in 2011. OPERATING RESULTS For the
Enviro Voraxial Technology, Inc. announced that the Company will exhibit its line of Voraxial® Separators at the upcoming Shale EnviroSafe Conference and Exhibition, part of the Clean Gulf Training and Exhibition on November 13-15 in New Orleans. EVTN will display its Submersible Voraxial® Separator
