Kreuz Holdings Limited, a subsea service provider for the oil and gas industry, reported that profit for the period jumped over 8-times to a record US$5.7 million for the three months ended March 31, 2011 on the back of a 292.2% increase in revenue to US$26.1 million. Sequentially, revenue grew by 2
According to provisional calculations REpower Systems AG (Prime Standard, WKN 617703) generated a total performance of EUR 1,275.7 million and recorded revenues of EUR 1,216.1 million. These figures correspond to a decline of 4.1% and 6.7% respectively compared to the same period of the previous yea
According to provisional calculations REpower Systems AG (Prime Standard, WKN 617703) generated a total performance of EUR 1,275.7 million and recorded revenues of EUR 1,216.1 million. These figures correspond to a decline of 4.1% and 6.7% respectively compared to the same period of the previous yea
Det norske oljeselskap ASA has received consent to carry out exploration drilling of well 25/6-4 in the North Sea with the Songa Delta mobile facility. The well will be drilled in production licence 414, approx. 20 kilometres east of Frøy. Drilling of sidetrack 25/6-4 A could be relevant. Water dept
Atkins’ expertise in geotechnical engineering has been cemented at the prestigious 2011 Ground Engineering Awards as the consultancy was recognised in three award categories. The first honour went to Benoit Latapie, who was named Young Geotechnical Engineer of the Year. Benoit, 27, joined Atkins fre
PaxOcean Engineering Zhoushan Co., Ltd. of Singapore, Singapore and The Levingston Corporation, Boerne, Texas, USA announced today that they have signed a Letter of Intent to build a Levingston designed 415WC (World Class) with an option for one additional similar vessel for an undisclosed contract
Statoil has received consent for extended use of the facilities on the Norne field beyond design life up to and including 31 December 2021. Norne is an oil field belonging to production licence 128. The field is located in the Norwegian Sea in blocks 6608/10 and 6608/11, and came online in November
Technip was awarded a contract by Hibernia Management and Development Company Ltd. (HMDC) for the Hibernia Southern Extension project. This project is part of the continuing Hibernia field development. Hibernia is located on the Grand Banks approximately 315 kilometers offshore Newfoundland and Labr
Progress in internationalisation, efficient management and the recovery in all business lines enabled Gamesa to end the first quarter of 2011 with solid results and notable growth in its key figures; as a result, the company has already covered the bulk of its wind turbine sales guidance for the yea
Subsea 7 S.A. announced the award of a three year Life-of-Field Contract by BP Exploration & Production Inc. The contract will cover the provision of two vessels, including a dedicated vessel on full time basis, and associated project management and engineering support, for ROV based inspection, int
Subsea 7 S.A. announced the award of a three year Life-of-Field Contract by BP Exploration & Production Inc. The contract will cover the provision of two vessels, including a dedicated vessel on full time basis, and associated project management and engineering support, for ROV based inspection, int
Statement by Cape Wind Communications Director Mark Rodgers on the Department of Energy Letter on Loan Guarantee Application: (capewind) [mappress] Source: capewind, May 13, 2011;
Technip was awarded a contract by Hibernia Management and Development Company Ltd. (HMDC) for the Hibernia Southern Extension project. This project is part of the continuing Hibernia field development. Hibernia is located on the Grand Banks approximately 315 kilometers offshore Newfoundland and Labr
Stäubli Corporation, a leading manufacturer of quick connector systems, announces the introduction of the HMO line for subsea applications… (thomasnet) [mappress] Source: thomasnet,May 13, 2011;