In the first six months of 2012 TenneT realised a steady growth (underlying) of revenue and profit in both the Netherlands and Germany. Underlying revenue amounted to EUR 842 million (EUR 816 million reported revenue), with underlying growth both in the Netherlands (23%) and in Germany (28%). Underl
First-in-class Joint High Speed Vessel USNS Spearhead (JHSV 1), the high-speed catamaran transport ship under construction at Austal USA in Mobile, Alabama, has successfully completed Acceptance Trials (AT) in the Gulf of Mexico. To achieve this milestone, the Navy conducted comprehensive tests whic
HR Wallingford has hosted a summer school for some of the brightest renewable energy engineers in the country. The summer school is part of the Industrial Doctorate Centre in Offshore Renewable Energy (IDCORE) programme, which delivers an industry focused course that aims to expand and sustain a com
Karoon Gas Australia Ltd advises that at 06:00 hours (WST) today, a 6-1/2” drilling assembly was being run into the Boreas-1 well, located in Browse basein, offshore Australia, Since the last report, the 8-1/2” hole was drilled to 4805m and a 7-5/8” liner was set and cemented. Drilling of the 6-1/2”
AGR has joined forces with Statoil to develop a new generation of Managed Pressure Drilling (MPD) solution for floating rigs. This phase of the project is worth US$5.1m (NOK31m). The development project will build on two technologies. The first is AGR’s EC-Drill® system, which has been used successf
Ensco plc announced today that based on preliminary inspections its U.S. Gulf of Mexico operations have not been damaged by Hurricane Isaac. Ensco’s drillship and semisubmersible rigs successfully mobilized away from the storm and a flyover inspection indicates no damage to the Company’s jackup rigs
The Dubai Chamber of Commerce and Industry finalised its preparations for the outgoing trade mission to Hamburg to participate in the 25th edition of the Shipbuilding, Machinery and Marine Technology (SMM 2012 Expo) which will be held in the strategic Germany city from September 4 to 7. The pre-miss
The U.S. Environmental Protection Agency has proposed a plan to clean up contaminated ground water at the Shenandoah Road Ground water Contamination Superfund site in a rural area of East Fishkill, New York. Past industrial activities contaminated the ground water with tetrachloroethene, commonly kn
Jumbo successfully completed the transport and discharge of twenty-five MOF caissons for the Gorgon Project. These concrete caissons will form the base of the heavy lift Material Offloading Facility for the Chevron LNG Plant, to be constructed on Barrow Island in Australia. The crew of the Jumbo Jub
Neptune Marine Services Limited has delivered a net loss after tax from continuing operations of $33.8 million (including goodwill impairment of $35.0 million) and EBITDA of $6.1 million for the year ended 30 June 2012. Neptune has reported a positive cashflow from operations in FY2012 of $4.5 milli
Great Lakes Dredge & Dock Corporation announced Bill Steckel, Senior Vice President and Chief Financial Officer and Katie Hayes, Treasurer and Director of Investor Relations, will be presenting at the D.A. Davidson 11th Annual E&C Conference in San Francisco on Tuesday, September 11, 2012. The prese
Otto Marine Limited, a Singapore based offshore marine company has secured a long term time-charter contract for its Landing Craft, CS Ann Marie, through its subsidiary, Go Offshore Pty Ltd (“Go Offshore”) with an extension option. The contract is expected to generate about US$15.1 million for the m
The Belgian heavy lift and special transport group Sarens will transport and install the 16 new lock doors of the Panama Canal. Land transports will be carried out with SPMT’s (Self-Propelled Modular Trailers), for inland water transport Sarens will use their own barges. Sea transport will be carrie
Kherson dredgers factory ” VVV Spetstekhnika” signed another contract for the production of equipment for the company from Nigeria. This year is the fourth major order from the African continent. For Chibert Nigeria LTD will be made dredge NSS 2000/63-F-K. Depth of the development of this modificati
