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Business & Finance

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USA: Orion Marine Group Reports First Quarter 2011 Results
Business & Finance

USA: Orion Marine Group Reports First Quarter 2011 Results

Orion Marine Group, Inc., a leading heavy civil marine contractor, today reported net income for the three months ended March 31, 2011, of $… More info: orionmarinegroup [mappress] Source: orionmarinegroup, May 5, 2011;

about 15 years ago
Norway: NORECO Records Quarterly Net Loss of USD 55.5 Million
Business & Finance

Norway: NORECO Records Quarterly Net Loss of USD 55.5 Million

Noreco had revenues of NOK 547 million in first quarter 2011, an increase of 14 percent compared to first quarter 2010, driven by higher oil prices which more than compensated for lower production volumes. Production in the quarter was 10,355 barrels of oil equivalents per day (boed), down from 11,3

about 15 years ago
Norway: Nexans to Supply Infield Umbilical for Shell’s Ormen Lange Field
Business & Finance

Norway: Nexans to Supply Infield Umbilical for Shell’s Ormen Lange Field

Nexans, a worldwide leading expert in the cable industry, has been awarded a 4.8 million euro contract by Norske Shell to supply the 6.5 km infield umbilical for the Ormen Lange North Field project. The Ormen Lange natural gas field on the Norwegian Continental Shelf started production in 2007. This

about 15 years ago
Nexans Wins Contract Worth USD 7.1 Million to Supply Infield Umbilical for Ormen Lange (Norway)
Business & Finance

Nexans Wins Contract Worth USD 7.1 Million to Supply Infield Umbilical for Ormen Lange (Norway)

Nexans, a worldwide leading expert in the cable industry, has been awarded a 4.8 million euro contract by Norske Shell to supply the 6.5 km infield umbilical for the Ormen Lange North Field project. The Ormen Lange natural gas field on the Norwegian Continental Shelf started production in 2007. This

about 15 years ago
USA: ABS Develops New Suite of Standards That Address New Technologies in Offshore Drilling
Business & Finance

USA: ABS Develops New Suite of Standards That Address New Technologies in Offshore Drilling

The increased technical sophistication of drill ships and other mobile drilling units, coupled with the greater regulatory oversight of offshore drilling, has spurred ABS to develop a new suite of classification standards and notations intended to provide MODU operators with increased confidence tha

about 15 years ago
Senator Bob Brown Wants Inquiry into Undersea Mining Impact on Bismarck Sea (Papua New Guinea)
Business & Finance

Senator Bob Brown Wants Inquiry into Undersea Mining Impact on Bismarck Sea (Papua New Guinea)

Australian Greens Leader, Senator Bob Brown, has returned from Papua New Guinea vowing to push for an Australian Senate inquiry into the… (radioaustralia) [mappress] Source: radioaustralia ,May 05, 2011;

about 15 years ago
Beenish Ayaz Begins Research Project ‘Dynamically Reconfigurable Underwater Wireless Sensor Networking’ at NSRI (UK)
Business & Finance

Beenish Ayaz Begins Research Project ‘Dynamically Reconfigurable Underwater Wireless Sensor Networking’ at NSRI (UK)

NSRI welcomes a wew PhD Student, Beenish Ayaz, who is about to begin her research project “Dynamically Reconfigurable Underwater Wireless Sensor Networking” Dynamically Reconfigurable Underwater Wireless Sensor Networking Land-based wireless sensor networking (WSN) is a highly active field of resear

about 15 years ago
USA: Petrobras Presents its Technology Strategy at OTC 2011
Business & Finance

USA: Petrobras Presents its Technology Strategy at OTC 2011

The executive manager for Petrobras’ Research Center, Carlos Tadeu Fraga, presented the company’s technology strategy Yesterday (04/05) at an event sponsored by the Brazil-Texas Chamber of Commerce (BRATECC) on the sidelines of the 2011 OTC. “We are convinced that our business results are the outcom

about 15 years ago
Nord Stream AG Lays Last Pipe of First Gas Pipeline in Baltic Sea
Business & Finance

Nord Stream AG Lays Last Pipe of First Gas Pipeline in Baltic Sea

Nord Stream AG announces that all three sections of its first 1,224 kilometre gas pipeline through the Baltic Sea have now been laid and will be joined together underwater off the coast of Finland and Sweden in the summer. The new pipeline system will start transporting natural gas from Russia direc

about 15 years ago
Last Nord Stream Pipe Hits Baltic Bottom
Business & Finance

Last Nord Stream Pipe Hits Baltic Bottom

Nord Stream AG announces that all three sections of its first 1,224 kilometre gas pipeline through the Baltic Sea have now been laid and will be joined together underwater off the coast of Finland and Sweden in the summer. The new pipeline system will start transporting natural gas from Russia direc

about 15 years ago
USA: Tessema Shifferaw Introduces Shifferaw Oil Ocean Leak Prevention System (SOOLPS)
Business & Finance

USA: Tessema Shifferaw Introduces Shifferaw Oil Ocean Leak Prevention System (SOOLPS)

Inventor of the Bowflex®, Tessema Shifferaw introduces The Shifferaw Oil Ocean Leak Prevention System, SOOLPS, guaranteed to put both environmentalists and oil companies at ease. Shifferaw designed this system in response to the lackluster solutions for the disastrous Gulf oil spill. Now, a year lat

about 15 years ago
Finland: Wartsila Enters Deal to Design New LNG Powered PSV
Business & Finance

Finland: Wartsila Enters Deal to Design New LNG Powered PSV

Wärtsilä, the marine industry’s leading solutions provider, has been contracted by Kleven Maritime of Norway to design a new LNG powered Platform Supply Vessel (PSV) of the Norwegian operator Rem Offshore. The scope of the order also includes the propulsion machinery, automation and other equipment

about 15 years ago
Bornemann Pumps Develops Subsea Skimmer (Germany)
Business & Finance

Bornemann Pumps Develops Subsea Skimmer (Germany)

Bornemann Pumps, a leading manufacturer of oil and gas pumps, said Wednesday it has developed a subsea skimmer that can clean up deepwater oil leaks before they reach the surface. Working like a subsea vacuum cleaner, Bornemann’s technology can be deployed over leaking oil and gas at depths of up to

about 15 years ago
Brazil: Karoon Signs LOI for Blackford Dolphin Rig
Business & Finance

Brazil: Karoon Signs LOI for Blackford Dolphin Rig

Karoon, as operator of five blocks in the Santos Basin, today signed a letter of intent to contract with Dolphin Drilling Ltd, for the “Blackford Dolphin” semi-submersible drilling rig. The completion of the final drilling agreements is subject to final negotiations and is expected by the end of Jun

about 15 years ago
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