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Business & Finance

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STC Hosts International Conference for IMEWE Submarine Project (Saudi Arabia)
Business & Finance

STC Hosts International Conference for IMEWE Submarine Project (Saudi Arabia)

Saudi Telecom Company (STC) has organized the regular international conference for the submarine project (IMEWE). The conference, which included investor and regulation committees, took place in Riyadh, from the 16th to the 18th of July, 2012. Senior executives and representatives of corporate partn

about 14 years ago
Vattenfall’s Wind Farm Connects to Germany’s Power Grid by 2014
Business & Finance

Vattenfall’s Wind Farm Connects to Germany’s Power Grid by 2014

Vattenfall, Swedish power company, will see its DanTysk offshore wind farm connected to the Germany’s power grid with the delay of up to five months, reports Boomberg. Siemens spokesman Torsten Wolf stated the link is planned to be completed by the spring 2014 even though it was planned to be ready

about 14 years ago
Australia: Searcher Completes Duvalia 2D Seismic Survey
Business & Finance

Australia: Searcher Completes Duvalia 2D Seismic Survey

Searcher Seismic has announced the completion of acquisition of the Duvalia 2D Seismic Survey in Carnarvon Basin offshore Australia. The Duvalia Survey comprises approximately 3,302km of new, long-offset 2D seismic data. The survey provides coverage over 2012 Federal Acreage Releas blocks W12-10 and

about 14 years ago
New Engine Marks Generational Change in Container Shipping (Germany)
Business & Finance

New Engine Marks Generational Change in Container Shipping (Germany)

MAN Diesel & Turbo has announced that its first super-long-stroke, 90-cm bore Mk 9 engine has successfully completed test bed trials at Hyundai Heavy Industries Engine & Machinery Division. The S90ME-C9.2 covers the new trend in container shipping demanding smaller bore, super-long-stroke engines wi

about 14 years ago
CGGVeritas Announces Its Second Quarter Results (France)
Business & Finance

CGGVeritas Announces Its Second Quarter Results (France)

CGGVeritas announced today its non-audited second quarter 2012 consolidated results. The company has reached a total revenue of $831 million, up 11% compared to last years $751 million. The company also reports a strong increase in operating income at $85 million. CGGVeritas CEO, Jean-Georges Malcor

about 14 years ago
USA: Noble Energy’s Second Quarter Results in Line with Expectations
Business & Finance

USA: Noble Energy’s Second Quarter Results in Line with Expectations

Noble Energy, Inc. reported second quarter 2012 net income of $292 million, or $1.58 per share diluted. Excluding the impact of unrealized commodity derivative gains and certain other items, second quarter 2012 adjusted net income was $145 million, or $0.77 per share diluted. Net income for the seco

about 14 years ago
Malaysia: Fire Onboard Bunga Alpinia Tanker Contained
Business & Finance

Malaysia: Fire Onboard Bunga Alpinia Tanker Contained

The fire onboard Bunga Alpinia has been contained and currently further cooling efforts are under way. The Labuan Fire & Rescue Department will conduct an assessment of the vessel before authorising a search effort to be conducted onboard for the missing four crew members. MISC has confirmed that th

about 14 years ago
Germany: GEA Westfalia Separator at SMM with New BallastMaster ultraV Solution
Business & Finance

Germany: GEA Westfalia Separator at SMM with New BallastMaster ultraV Solution

Increasing demands for cost and resource efficiency in ship operations and the growing importance of sustainable management have resulted in repeated critical examination of the individual material and process cycles by shipping companies and shipbuilders in recent years. Until now, ballast water on

about 14 years ago
Zambia’s Zamtel Connects to Two Sumbarine Cables
Business & Finance

Zambia’s Zamtel Connects to Two Sumbarine Cables

Zamtel, Zambia’s only total telecom solution service provider, has completed its connection to two submarine cables, the West Africa Cable System (WACS) and Sat-3, through Telecom Namibia. According to PC Advisor, Zamtel now has the capabilities to deliver 600Mbps of Internet to its customers. The Z

about 14 years ago
Fairfield Energy: Osprey Subsea Manifold Needs More Repairs (UK)
Business & Finance

Fairfield Energy: Osprey Subsea Manifold Needs More Repairs (UK)

Fairfield Energy confirms that an ROV (Remotely Operated Vehicle) survey carried out following repairs to the company operated Osprey subsea manifold has identified the need for further repairs before operations at Osprey can resume. As it will take some time to source the equipment required to comp

about 14 years ago
Orolia Aquires Maritime Information Solutions Provider Boatracs Inc (USA)
Business & Finance

Orolia Aquires Maritime Information Solutions Provider Boatracs Inc (USA)

Orolia, a group specialized in positioning, navigation and GPS timing equipment and systems for critical operations, on July 18, 2012, announced the acquisition of Boatracs Inc., a maritime information solutions provider for the commercial marine industry (fishing vessels, dredgers, tugs, barges, tr

about 14 years ago
Searcher Seismic Completes Duvalia 2D Seismic Survey (Australia)
Business & Finance

Searcher Seismic Completes Duvalia 2D Seismic Survey (Australia)

Searcher Seismic completes the acquisition of the Duvalia 2D Seismic Survey in Carnarvon Basin, Australia. The Duvalia Survey comprises approximately 3,302km of new, long-offset 2D seismic data. The survey provides coverage over 2012 Federal Acreage Releas blocks W12-10 and W12-11. The presence of a

about 14 years ago
SLPA, KDU in Collaborative Step to Commence Diploma Course in Port Security (Sri Lanka)
Business & Finance

SLPA, KDU in Collaborative Step to Commence Diploma Course in Port Security (Sri Lanka)

Sri Lanka Ports Authority (SLPA) commences a Special Diploma Course on Port Security for the security personnel of the institution. The course is conducted in collaboration with the Sir John Kothalawala Defense University (KDU) in Rathmalana. The Memorandum of Understanding (MOU) for this Diploma Co

about 14 years ago
Nigeria: Afren Commences Development Drilling on Okoro East Field
Business & Finance

Nigeria: Afren Commences Development Drilling on Okoro East Field

Afren plc announces that development drilling has commenced on the Okoro East field, following the discovery in January 2012. In addition, a side-track of the existing Okoro-5 well has encountered additional oil volumes in a previously un-swept area of the reservoir within the Okoro main field, offs

about 14 years ago
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