Mercom Capital Group, llc, a global clean energy communications and consulting firm, yesterday released its annual and fourth quarter funding and merger & acquisition (M&A) activity report for the wind sector in 2011. In 2011, venture capital (VC) funding for wind energy continued to increase past p
On January 10, 2012, Austal’s Mobile, Alabama shipyard completed the launch of the second 127-metre Independence-Variant Littoral Combat Ship, “Coronado” (LCS 4). The roll-out marked Austal’s second use of an innovative self-propelled modular transporter system to transfer the ship from the yard’s f
Nautilus Minerals’ Tongan wholly owned subsidiary, Tonga Offshore Mining Ltd (“TOML”) formally signed the agreement with the International Seabed Authority (“ISA”) for exploration tenements in the Eastern Pacific granted in July 2011. The contract, signed during workshops in Kingston, Jamaica, gives
Aker Solutions has been awarded a contract for eight steel tube umbilicals by Anadarko Petroleum Corporation for the development of Lucius offshore field in the Gulf of Mexico. The company did not disclose the contract value. The scope of work includes the project management, design, engineering, an
Leer. Hartmann Shipping, settled in Leer, took over its newest vessel from Severnav S.A. Shipyard, Romania. The modern Ethylene-tanker “GASCHEM WERRA” is a sister vessel to MT “GASCHEM WARNOW”, which was already delivered in June 2010. In the year 2007 the shipping company took over four gastanker o
Aker Solutions has been awarded a contract for eight steel tube umbilicals by Anadarko Petroleum Corporation for the Lucius field located in the Gulf of Mexico. The contract value is undisclosed. The scope of work includes the project management, design, engineering, and manufacturing of two electro
SBM Offshore, a provider of detailed engineering, procurement and construction services (“EPC”) to the offshore oil and gas industry, says that productivity of work currently being performed on the MOPUstor platform on Norwegian field Yme has been significantly impacted over recent months, among oth
Maersk Drilling has signed a contract with ConocoPhillips for the jack-up rig MAERSK RESOLVE for work in the UK North Sea. The contract includes drilling of two wells with an estimated duration of 165 days. The contract value for the firm two-well period is approximately USD 26 million. The contrac
BMT Reliability Consultants Ltd, a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has announced its latest project with Stingray Geophysical Ltd, a TGS company. This partnership saw BMT provide critical analysis and reliability as
Leading specialists from governments, armed forces and the maritime security industry will convene later this month at the Maritime Security and Surveillance conference to share intelligence, ideas and lessons learned, whilst exploring the future possibilities and risks facing the Gulf Region’s coas
Denmark’s Maersk Drilling has signed a contract with ConocoPhillips for the jack-up rig MAERSK RESOLVE for work in the UK North Sea. The contract includes drilling of two wells with an estimated duration of 165 days. The contract value for the firm two-well period is approximately USD 26 million. Th
Florida-based St. Johns Ship Building, a full service ship building facility with over 30 years combined experience, state of the art equipment, has launched the Sea Strength, a 157’ offshore service vessel (OSV) for A. R. Singh Contractors Ltd. The vessel will be the largest in the A. R. Singh Cont
Transas Marine releases new 4-level ECDIS concept to suit all types of customers needs. The Transas Marine 4-level ECDIS concept is designed to provide an IMO compliant solution for the shipping companies. The new range of product packages Standard, Standard+, Premium and Premium+, features Transas
The new era is coming for offshore wind in Europe. Investments in this industry are going to double in next ten years. It is the fastest rising industry at the moment. In 2010, approximately USD 82 billion investments in wind industry were recorded. There is a plan to reach USD 140 billion by 2020 a
