The offshore wind project Global Tech I, for which AREVA is supplier of 80 M5000 turbines, has finalized raising debt financing for an amount in excess of 1 B€. This is the second AREVA-powered offshore wind project to achieve this and a new demonstration of the confidence of the financial community
SBM Offshore’s Yme and Deep Panuke platforms have now been installed on their respective offshore locations in Norway and Canada. Commissioning activities, as well as remaining construction works are currently ongoing to complete and prepare the facilities for start of production. Due to one client
GDF SUEZ announced today two important milestones in the development of its portfolio of exploration & production assets. These operations are located for the one in a mature area in Norway and for the other in a promising region in Asia. Thus, the Group acquired an additional 20% share in the offsh
Operating and financial overview: *On track to deliver full year earnings growth in 2011, despite commodity price volatility, challenging economic environment and higher UK upstream gas and oil tax rates *shift in profits from the downstream to the upstream *UK residential energy operating profit* h
Northern announces an update on its Southern Adriatic permits containing the Rovesti and Giove oil discoveries, which hold a combined 53.2 million barrels of 2P reserves. Highlights: – Approval of increase in work programme on each of Southern Adriatic permits F.R 39.NP and F.R 40.NP to include 3D s
Dron & Dickson, specialist in design, supply and maintenance of hazardous area electrical equipment has secured £55million in UK North Sea contract wins for the first half of 2011. During the last 6 months the company has landed both new and extended contracts with oil majors such as Nexen Petroleum
Incat Crowther announces the launch of Topaz Zenith. Launched by Topaz Shipbuilding, this innovative 27.6m Wave Piercing Catamaran Crew Boat has been designed to support offshore energy installations. Part of the development of the vessel focused on the development of an unusual platform for the app
Subsea 7 S.A. will publish unaudited results for the second quarter and half year 2011 which ended June 30, 2011, on August 10, 2011 at 7am UK time. A conference call will be held on Wednesday August 10, 2011 at 12:00 noon UK Time. From 7am UK time the following information will be available on [&he
Repsol posted net income of 1.344 billion euros in the first half of 2011, slightly higher than the 1.338 billion euros of the year-earlier period. The group’s operating income totalled 2.722 billion euros compared with 3.004 billion euros in the same period of the previous year. The company’s perfo
Incat Crowther announces the launch of Topaz Zenith. Launched by Topaz Shipbuilding, this innovative 27.6m Wave Piercing Catamaran Crew Boat has been designed to support offshore energy installations. Part of the development of the vessel focused on the development of an unusual platform for the app
Progress in internationalisation together with efficiency and sustained performance in all business lines placed Gamesa in a strong growth position in the first half of 2011, with results in line with annual guidance in terms of volume, profitability and debt. Gamesa’s consolidated revenues amounted
TGS will present the financial results for Q2 2011 on 4 August 2011. Robert Hobbs (CEO) and Kristian Johansen (CFO) will present the results at 08:30 CET 4 August 2011 at Shippingklubben located at Haakon VII’s gt 1 in Oslo, Norway. The presentation is open to the public and can also be followed liv
Petroleum Geo-Services ASA, a company that provides various seismic and reservoir services, including acquisition, processing, interpretation, and field evaluation published second quarter and first half 2011 results. Jon Erik Reinhardsen, President and Chief Executive Officer or Petroleum Geo-Servi
In order to continuously provide an improved network to customers, Evergreen Line will launch a new Kaohsiung-Cebu feeder Service (KCS Service) – effective from late July. Evergreen Line will deploy one 950-TEU ship with a rotation: Kaohsiung – Cebu – Kaohsiung. The first weekly Intra-Asia voyage by