LM Wind Power Group made continued progress despite being faced with a range of external pressures, maintaining profitability for 2011 with revenue of EUR 707.5 million and EBITDA of EUR 73.9 million. The results are in line with expectations for the year, yet disappointing and lower than last year.
Main One Cable Company announced that it has upgraded the lit capacity on its undersea fibre optic cable system with an additional 20 Gbps between Lagos, Nigeria and Seixal Portugal, with deployment of an additional bank of 10 Gbps wavelengths ready for implementation on demand. This upgrade was nec
FMC Technologies, Inc. announced that it has completed the acquisition of Control Systems International, Inc. (CSI). CSI is a leading supplier of innovative control and automation system solutions for the oil and gas industry and other markets. The company has operations in Lenexa, Kansas; Irvine, C
BlueView Technologies and SeaTrepid International announce a teaming agreement to deliver offshore/onshore operations support for BlueView’s line of 2D and 3D underwater imaging and measurement solutions. BlueView is the world leader in compact acoustic imaging and measurement technology, and SeaTre
The reorganisation of the supply infrastructure and logistics operations for the Mittelplate Drilling and Production Island will further optimise oil production from Germany’s biggest oil field, Mittelplate. The Cuxhaven-based company EnTec has been awarded the contract for the construction and oper
A new dedicated rule book for self-elevating units will guide designers and yards to class their designs and newbuilding projects. The rule book clearly explains the DNV and international regulations and standards. Adaptations from the traditional Offshore Standards include additional class notation
Wave energy developer Carnegie Wave Energy Limited announces the award of a $9.9m Federal Government grant from the Australian Government’s Emerging Renewables Program (ERP) to support Carnegie’s world leading, grid-connected wave energy project. The Minister for Resources and Energy, Martin Ferguso
AMEC, the international engineering and project management company, has been awarded a contract from BP Exploration & Production Inc. (BP) to provide Front End Engineering Design services (FEED) for the topsides facilities for the second phase of the Mad Dog field development. The new facility will
In November 2011, Rederi AB TransAtlantic announced that its business area Viking Supply Ships had agreed to enter into a contract with Sakhalin Energy Investment Company Ltd. (“Sakhalin Energy”) for a period of 2.5 years with additional option(s) to extend the contract by 4×3 months for the vessel
FMC Technologies, Inc. announced today that it has completed the acquisition of Control Systems International, Inc. (CSI). CSI is a leading supplier of innovative control and automation system solutions for the oil and gas industry and other markets. The company has operations in Lenexa, Kansas; Irv
Cargotec’s new offshore service centre in Houston supports its global service capabilities for an ever expanding multi-national customer base while also ensuring that it services local market needs. To further expand its offshore service capabilities, Cargotec has established a new offshore service
A new dedicated rule book for self-elevating units will guide designers and yards to class their designs and newbuilding projects. The rule book clearly explains the DNV and international regulations and standards. Adaptations from the traditional Offshore Standards include additional class notation
In November 2011 Viking Supply Ships had agreed to enter into a contract with Sakhalin Energy for a period of 2.5 years with additional option(s) to extend the contract by 4×3 months for the vessel Vidar Viking offshore supply vessel. The agreement with Sakhalin Energy was conditional upon approval
On April 27th JSC Almaz Shipbuilding launched corvette Makhachkala of Project 21630. The vessel comes as the third and last Buyan-class corvette built by the shipyard. The ship was successful launched from the shipyard’s floating dock and moored into the outfitting quay for finishing touches. The Pr
