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Business & Finance

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A2SEA Appoints New Regional Manager of Germany
Business & Finance

A2SEA Appoints New Regional Manager of Germany

Following the CSO change in A2SEA, the company has appointed Sascha Wiesner as new Country Manager of Germany, to replace Martin Huss, who has just taken over the position as new CSO of A2SEA. Sascha Wiesner comes from a position as Offshore Sales Manager Europe for Samsung Heavy Industries, where h

about 14 years ago
Tetra Tech Buys ASA Brazil
Business & Finance

Tetra Tech Buys ASA Brazil

Tetra Tech, Inc. announced today that it has acquired coastal and oceanographic consulting firm Applied Science Consultoria Ltda. (ASA Brazil) based in Sao Paulo, Brazil. With the acquisition, ASA Brazil has changed its name to Tetra Tech. The firm has about 50 employees and provides oceanic modelin

about 14 years ago
Underwater Landscape Temporarily Halts Ice Sheet Retreat in Antarctica
Business & Finance

Underwater Landscape Temporarily Halts Ice Sheet Retreat in Antarctica

Ice-sheet retreat can halt temporarily during long phases of climate warming, according to scientists. A UK team led by Durham University has found that the geometry of channels beneath the ice can be a strong control on ice behaviour, temporarily hiding the signals of retreat. The findings, which p

about 14 years ago
Isle of Wight Secures Funds to Support Offshore Renewables (UK)
Business & Finance

Isle of Wight Secures Funds to Support Offshore Renewables (UK)

The Isle of Wight Council has received a double boost in its efforts to support the green economy. The council has secured nearly £700,000 of European money to help finance the necessary preparatory works for its Solent Offshore Energy Centre (SOEC) proposals to create tidal energy testing facilitie

about 14 years ago
League Sues State over Salmon River Dredging (USA)
Business & Finance

League Sues State over Salmon River Dredging (USA)

Yesterday the Idaho Conservation League took action to ensure that dredge mining in the bed of the Salmon River will be fully reclaimed, as required by state law. The action comes after ICL joined Idaho river outfitters, city leaders, river ecologists, fishermen, conservationists, Native Americans a

about 14 years ago
CPOC, Hess Extend T-6 Contract (Malaysia)
Business & Finance

CPOC, Hess Extend T-6 Contract (Malaysia)

Malaysia’s SapuraKencana today announced that it has, through its subsidiary, Tioman Drilling Company, secured a contract extension for the deployment to and utilisation for the self-erecting tender rig, the T-6. Carigali-PTTEPI (CPOC) and Carigali Hess have decided to extend the T-6 Contract for a

about 14 years ago
Workers from ‘Bourbon Liberty 249’ Kidnapped in Nigeria
Business & Finance

Workers from ‘Bourbon Liberty 249’ Kidnapped in Nigeria

BOURBON confirms that 7 crew members, 6 Russians and 1 Estonian were kidnapped during the boarding of the Bourbon Liberty 249, which occurred on October 15, 2012 in Nigeria. The other 9 crew members are still onboard the vessel which is heading for the Port of Onne. They are safe and sound, and in g

about 14 years ago
Norway: RWE Sells Its Interest in Edvard Grieg to OMV
Business & Finance

Norway: RWE Sells Its Interest in Edvard Grieg to OMV

RWE AG, through its subsidiary RWE Dea Norge AS, reached an agreement on the sale of its 20% licence interest in the “Edvard Grieg” development in Norway to OMV (Norge) AS, a subsidiary of OMV AG, for a cash purchase price of € 247.9 million as per effective date 1 January 2012 plus a contingent [&h

about 14 years ago
Hoegh LNG, PGN Ink Revised FSRU Agreement in Indonesia
Business & Finance

Hoegh LNG, PGN Ink Revised FSRU Agreement in Indonesia

Höegh LNG Holdings Ltd. informed that the agreement with PGN for the Medan LNG Floating Storage and Regasification Unit (“FSRU”) and mooring to be located offshore Belawan in North Sumatra, Indonesia, had been signed. Furthermore, reference is made to the stock exchange notice dated 23 March 2012, w

about 14 years ago
RWE Sells Its Edvard Grieg Interest to OMV (Norway)
Business & Finance

RWE Sells Its Edvard Grieg Interest to OMV (Norway)

RWE AG, through its subsidiary RWE Dea Norge AS, reached an agreement on the sale of its 20% licence interest in the “Edvard Grieg” development in Norway to OMV (Norge) AS, a subsidiary of OMV AG, for a cash purchase price of € 247.9 million as per effective date 1 January 2012 plus a contingent [&h

about 14 years ago
Ireland to Transfer Wind Power to UK via Undersea Cable
Business & Finance

Ireland to Transfer Wind Power to UK via Undersea Cable

The UK government is considering the installation of subsea cables which would transfer wind power from Ireland to the National Grid, BBC reports. The Irish-based wind farms could provide power for three million UK homes. According to Mike O’Neill from Element Power, the £6bln infrastructure project

about 14 years ago
Asia – Pacific Submarine Cable Planned for 2014
Business & Finance

Asia – Pacific Submarine Cable Planned for 2014

On the basis of the proposal of the Ministry of Planning and Investment, the Prime Minister has approved participation for investment projects submarine cable systems in Asia – Pacific (APG) of the partnership Viettel, FPT Telecom and CMC TI, reports Chinhphu.vn. Accordingly, the Prime Minister of t

about 14 years ago
Marine Current Turbines Exhibits at ICOE 2012 (Ireland)
Business & Finance

Marine Current Turbines Exhibits at ICOE 2012 (Ireland)

Marine Current Turbines and its parent company Siemens will be exhibiting at the ICOE 2012 (International Conference on Ocean Energy), taking place in Dublin. Siemens is also one of the principal sponsors of the conference and exhibition that attracts delegates from across the globe. David Ainsworth

about 14 years ago
Indian Shipping Minister Meets with IMO Secretary General
Business & Finance

Indian Shipping Minister Meets with IMO Secretary General

Mr. Koji Sekimizu, Secretary General, International Maritime Organization (IMO), London called on Shri G.K.Vasan, Minister of Shipping in New Delhi yesterday. During the meeting, the Minister drew the attention of the Secretary General to the issue of 43 Indian seafarers who are in captivity of Soma

about 14 years ago
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