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Business & Finance

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Germany: PNE WIND Releases H1 Report
Business & Finance

Germany: PNE WIND Releases H1 Report

The wind farm project developer, PNE WIND AG, has published its results for the first half of 2012. The reporting period was characterised by ntensive onshore and offshore project development activity which required advance payments and investments in projects whose realisation will lead to future s

about 14 years ago
Germany: PNE WIND Releases H1 Report
Business & Finance

Germany: PNE WIND Releases H1 Report

The wind farm project developer, PNE WIND AG, has published its results for the first half of 2012. The reporting period was characterised by ntensive onshore and offshore project development activity which required advance payments and investments in projects whose realisation will lead to future s

about 14 years ago
Statoil’s Oseberg Team Wins IOR Prize
Business & Finance

Statoil’s Oseberg Team Wins IOR Prize

The sub-surface team on the Oseberg field has been awarded the Norwegian Petroleum Directorate’s prize for improved oil recovery (IOR) for its work in increasing recovery by means of gas injection. The Norwegian Petroleum Directorate gives credit to the Oseberg specialists for their thorough efforts

about 14 years ago
JAMSTEC Scientists Investigate Mariana Trench Amphipod
Business & Finance

JAMSTEC Scientists Investigate Mariana Trench Amphipod

Senior Scientist Hideki Kobayashi and research team members from the Japan Agency for Marine-Earth Science and Technology (JAMSTEC: Asahiko Taira, President) Institute of Biogeosciences have been investigating the ecology of an amphipod (Hirondellea gigas) living in the Challenger Deep of the Marian

about 14 years ago
UAE: DP World Reports Flat Profit Growth in H1
Business & Finance

UAE: DP World Reports Flat Profit Growth in H1

DP World announced financial results from its global portfolio of marine terminals for the first six months of 2012, reporting profit before tax at $310 million, 12% ahead of the prior period on an underlying basis . DP World Chairman Sultan Ahmed Bin Sulayem commented: “The past six months has been

about 14 years ago
BOURBON Reports Growth (France)
Business & Finance

BOURBON Reports Growth (France)

“Against the backdrop of a continuing favorable market environment. BOURBON reports growth in line with the BOURBON 2015 Leadership Strategy plan, as the positive impact of the increase in average daily rates applies to an expanding fleet”, says Christian Lefèvre, BOURBON’s Chief Executive Officer.

about 14 years ago
Sembcorp Bags FPSO Deals Worth $674 Mln (Brazil)
Business & Finance

Sembcorp Bags FPSO Deals Worth $674 Mln (Brazil)

Sembcorp Marine’s subsidiary Jurong do Brasil Prestacao de Services Ltda (JDB) has secured a contract worth US$674 million for the construction of a total of 8 modules and module integration works for 2 Floating Production Storage and Offloading vessels (FPSO) P-68 and P-71 from Tupi B.V., a consort

about 14 years ago
Petrofac Wins Arenque Development Contract Offshore Mexico
Business & Finance

Petrofac Wins Arenque Development Contract Offshore Mexico

Petrofac has confirmed that Petróleos Mexicanos (Pemex) has declared that it is the selected bidder for the integrated production service contract to develop the Arenque contract area, offshore Mexico. The Arenque contract area is situated in the Gulf of Mexico, 30 kilometres from the city of Tampic

about 14 years ago
UVic’s Researchers Use AUVs to Seek for Missing Vessels in Arctic
Business & Finance

UVic’s Researchers Use AUVs to Seek for Missing Vessels in Arctic

Researchers from the University of Victoria, Canada (UVic), will be in the Arctic this summer with their autonomous underwater vehicle (AUV) to assist Parks Canada as it continues its search for the lost ships of Sir John Franklin. Underwater archeologists from Parks Canada have recently spent three

about 14 years ago
German Energy Strategy Will Cost Consumers Significantly
Business & Finance

German Energy Strategy Will Cost Consumers Significantly

German unit of Vattenfall says that the German energy strategy will hit the consumers’ pockets as costs for new renewable power generation units and networks must be passed on. Vattenfall Europe chief Tuomo Hatakka told the Sueddeutsche Zeitung that he expects the electricity bill for private custom

about 14 years ago
Schlumberger Launches ReSOLVE System
Business & Finance

Schlumberger Launches ReSOLVE System

Schlumberger today launched ReSOLVE instrumented wireline intervention service, a modular system of intelligent wireline-deployed services that provides real-time measurement and control in a small footprint. “The downhole intelligence of ReSOLVE services enables our customers to see intervention op

about 14 years ago
Schlumberger Launches ReSOLVE Wireline Intervention Service
Business & Finance

Schlumberger Launches ReSOLVE Wireline Intervention Service

Schlumberger today launched ReSOLVE* instrumented wireline intervention service, a modular system of intelligent wireline-deployed services that provides real-time measurement and control in a small footprint. “The downhole intelligence of ReSOLVE services enables our customers to see intervention o

about 14 years ago
Ulstein, GC Rieber Develop SX121 Design Subsea Vessel (Norway)
Business & Finance

Ulstein, GC Rieber Develop SX121 Design Subsea Vessel (Norway)

When working in the most extreme offshore environments, crews have to be able to rely on the absolute integrity and performance of their vessels. Ulstein Group has joined forces with GC Rieber Shipping to offer the market a new standard in operational security and performance – a ship that refuses t

about 14 years ago
Ulstein to Deliver Innovative Subsea Vessel to GC Rieber Shipping in 2014
Business & Finance

Ulstein to Deliver Innovative Subsea Vessel to GC Rieber Shipping in 2014

When working in the most extreme offshore environments, crews have to be able to rely on the absolute integrity and performance of their vessels. Ulstein Group has joined forces with GC Rieber Shipping to offer the market a new standard in operational security and performance – a ship that refuses t

about 14 years ago
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