TDW Offshore Services L.L.C. (TDW), a leading supplier of pipeline services and equipment, announced that it successfully completed a pipeline pressure isolation operation in the Gulf of Mexico for a major operator. The operation made it possible for the operator to safely replace a faulty shut down
Polarcus Limited announces the release of its second quarter 2011 financial statements. In the second quarter 2011 Polarcus has focused on strengthening the Company’s operations, backlog and balance sheet. Revenues for the second quarter are significantly higher compared to the same quarter last yea
TDW Offshore Services L.L.C. (TDW), a leading supplier of pipeline services and equipment, announced that it successfully completed a pipeline pressure isolation operation in the Gulf of Mexico for a major operator. The operation made it possible for the operator to safely replace a faulty shut down
Polarcus Limited announces the release of its second quarter 2011 financial statements. In the second quarter 2011 Polarcus has focused on strengthening the Company’s operations, backlog and balance sheet. Revenues for the second quarter are significantly higher compared to the same quarter last yea
Aker Philadelphia Shipyard ASA announced today that its sole operating subsidiary, Aker Philadelphia Shipyard, Inc. (APSI), has signed a Letter of Intent with SeaRiver Maritime, Inc. (SeaRiver), Exxon Mobil Corporation’s U.S. marine affiliate, for the construction of two aframax tankers. The 820 foo
The impact of wind energy was the topic of a public forum Monday night held by the Southern Alliance for Clean Energy. The Alliance presented findings about how much energy wind turbines could generate along the Grand Strand. “If you were to take the wind generated annually off the coast, you could
In the last months Amarcon noticed an increasing interest from the German market for her decision support solutions. A few days after the order from Harren & Partner, SAL Heavy lift signed an order for a tailor made Crane Motion Monitoring solution for her Multipurpose Heavy Lift vessel SAL Type 183
Further to the announcement made on 26 May 2011 in relation to the conditional acquisition of the Ghanaian interests of EO Group Limited for $305 million, Tullow Oil plc (Tullow) announces that all of the conditions to the acquisition were satisfied and the acquisition completed yesterday. This acqu
FMC Technologies, Inc. today reported second quarter 2011 revenue of $1.2 billion, up 21 percent from the prior-year quarter. Diluted earnings per share were $0.39, equal to the prior-year quarter. Total inbound orders of $1.5 billion were up 18 percent from the second quarter of 2010 and included $
FMC Technologies, Inc. today reported second quarter 2011 revenue of $1.2 billion, up 21 percent from the prior-year quarter. Diluted earnings per share were $0.39, equal to the prior-year quarter. Total inbound orders of $1.5 billion were up 18 percent from the second quarter of 2010 and included $
In last few months Amarcon noticed an increasing interest from the German market for its decision support solutions system. A few days after the order from Harren & Partner, SAL Heavy lift signed an order for a tailor made Crane Motion Monitoring solution for her Multipurpose Heavy Lift vessel SAL T
Acta Marine has recently upgraded the functionality of its Ultra Shallow Support Vessel “Coastal Enterprise” with Dynamic Positioning. This system allows the Coastal Enterprise to automatically maintain its position and heading by using only its own propellers and thrusters. Coastal Enterprise is th
Iran will have the potential to export up to 250 million cubic meters of gas in next two to three years, managing director of the National Iranian Gas Company (NIGC), Javad Owji announced here. According to the report of the public relations of the NIGC, he said that Iran with 33 trillion cubic mete
Acta Marine has recently upgraded the functionality of its Ultra Shallow Support Vessel “Coastal Enterprise” with Dynamic Positioning. This system allows the Coastal Enterprise to automatically maintain its position and heading by using only its own propellers and thrusters. Coastal Enterprise is th