NStar and Northeast Utilities on Wednesday said Massachusetts regulators can’t force them to buy power from the Cape Wind offshore wind farm… By Jay Lindsay (Associated Press) [mappress] Source: Associated Press, October 13, 2011
Intervale Capital an energy-focused middle-market private equity firm, announces the promotion of Erich Horsley to Partner. In his new role, Erich will be actively involved in deal sourcing and execution, portfolio company oversight and interaction with the firm’s limited partners. He will also join
JSC United Shipbuilding Corporation (USC) has placed an order for two platform supply vessels at St. Petersburg-based Baltic Shipyard. The… (PortNews) [mappress] Source: PortNews, October 13, 2011;
McDermott International, Inc. announced that one of its subsidiaries has signed a partnership agreement with Eng. Khalid S. Al Shoaibi, of the Shoaibi Group, to form McDermott Arabia Engineering, a company specializing in engineering and consulting services to the offshore oil and gas industry in Sa
LAMPRELL shares were yesterday blown off course after the specialist engineer was forced to take hefty provisions to cover cost overruns… (express) [mappress] Source: express, October 13, 2011
BP and its partners are developing four new oil and gas projects that together will involve a total investment of almost £10 billion in the UK’s oil industry over the next five years and help to maintain BP’s production from the North Sea for decades to come. The UK Government today granted BP and [
Woods Hole Oceanographic Institution (WHOI) hosted a visit by Massachusetts Governor Deval Patrick, marking his first visit to the Cape-based non-profit ocean research, engineering, and education organization. “The Institution is honored to host the governor,” said WHOI President and Director Susan
Proserv Group AS and Galathea Group Inc. have combined to form Proserv Group Inc. . The debt of the merged companies was refinanced at the time of the combination. Headquartered in Aberdeen, Scotland, Proserv is a global oilfield products and services company focused on the growing offshore and subs
Seismic operator Dolphin Geophysical renews the charter party regarding the seismic vessel “Polar Explorer” with 12 months, starting from January 2012. The vessel is a 2D/ice vessel from 1998, rebuilt in 2004. “The agreement ensures continued high employment and good balance for our fleet, substanti
Forum Energy Technologies (FET) announces that it has opened an office outside Rio de Janeiro to better serve its customers operating in the growing Brazilian market. The new office is a continuation of Forum’s strategy to broaden its global footprint and to improve its ability to respond to custome
Seismic operator Dolphin Geophysical renews the charter party regarding the seismic vessel “Polar Explorer” with 12 months, starting from January 2012. The vessel is a 2D/ice vessel from 1998, rebuilt in 2004. “The agreement ensures continued high employment and good balance for our fleet, substanti
Aker Solutions has been awarded contracts for the supply of Pusnes offshore loading systems for ten shuttle tankers that will operate in Brazil and Norway. The total contract value for Aker Solutions is approximately NOK 150 million. Several major South Korean shipyards have awarded Aker Solutions c
Seismic operator Dolphin Geophysical renews the charter party regarding the seismic vessel “Polar Explorer” with 12 months, starting from January 2012. The vessel is a 2D/ice vessel from 1998, rebuilt in 2004. “The agreement ensures continued high employment and good balance for our fleet, substanti
London Array is sponsoring Kent’s Coastal Week this year, which runs from 22 to 30 October. Kent’s Coastal Week is a celebration of all that the Kent coast has to offer, with free or subsidised events – ranging from creative workshops, beach art and boat trips to shingle sculptures and storytelling
