FMC Technologies has reported increase in the first quarter 2015 (Q1 2015) net income, despite a 7 percent drop in revenue. For the Q1 2015, the Houston-based subsea specialist posted profit of $147.6 million, or diluted earnings per share of $0.63, compared to a net income of $135.2 million, or $0.
Aberdeenshire-based materials technology specialist, Aubin Group, has won a Queen’s Award for Enterprise. The company received the award for international trade, recognising significant success in global markets. With the support of local partners, the firm now exports to over 16 countries, across a
IRENA’s Project Navigator aims to facilitate the effective development of renewable energy projects worldwide. The Project Navigator tool launched by the International Renewable Energy Agency (IRENA) provides project developers with the knowledge, tools, case studies and practices needed to support
Athens hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Alexis Tsipras, Prime Minister of the Republic of Greece. The parties addressed the main areas and prospects for the Russian-Greek cooperation in the gas sector. The meeting pointed out the need t
Black Rock Tidal Power has named Sue Molloy as the General Manager of the company. BRTP, Schottel Hydro’s subsidiary, tasked Sue Molloy to guide the company with the first tidal project with the Fundy Ocean Research Center for Energy (FORCE). Molloy received her doctorate in Naval Architectural and
Crowley Maritime and Svitzer Salvage have reached an agreement to merge their salvage divisions to create a new company named “Ardent.” The company will be equally owned by Crowley and Svitzer, and will start operations on May 1, 2015. Svitzer, an emergency response company, and Crowley’s Titan Salv
The Korea-Japan Cable Network (KJCN) has selected Ciena for a 100G network upgrade. This upgrade will allow KJCN to meet the needs of on-demand networking services and traffic growth driven by mobile broadband, cloud computing and HD video. Ciena’s GeoMesh submarine solution will enable KJCN to incr
Jan De Nul Group has secured two contracts with Dong Energy to execute cable installation works for the Burbo Bank Extension Offshore Wind Farm in Liverpool Bay. A first one for the installation of the export cables, and a second one for the installation of the infield cables. Jan De Nul Group will
Columbia Power Technologies, US wave developer, is competing for funding at Willamette Angel Conference. The funding is provided from the angel investors that are made up from current and former executives, entrepreneurs, and venture capitalists who look to invest in companies primarily in Oregon’s
Sweden’s Clinton Marine Survey AB has appointed Robin Dymlind as the company’s lead geophysicist at its Gothenburg office. According to Clinton, Dymlind will be responsible for the company’s processing department. Dymlind has over 9 years of background in marine offshore surveys and has worked as ge
Small and medium sized ports (SMPs) have a triple role to play in marine energy developments, it was concluded at BEPPo project’s conference. The Port of Oostende organised the BEPPo (Blue Energy Production in Ports) conference ‘Ports as hubs for marine renewable energy projects’ at the Greenbridge
Houston-based well intervention and robotics specialist, Helix Energy Solutions, recorded earnings of $19.6 million, or $0.19 per diluted share, for the first quarter of 2015 (Q1 2015) compared to earnings of $53.7 million, or $0.51 per diluted share, for the same period in 2014. In the fourth quart
Five years after the BP Deepwater Horizon oil disaster claimed 11 lives in the Gulf of Mexico, the government trustees charged with restoring the Gulf of Mexico announced 10 new projects, worth $134 million, including the first projects to address impacts in the deep-water environment, where the blo
Norwegian seismic player, TGS, has inked a deal with BVI-based Thalassa Holdings for a new seismic data acquisition in the Norwegian Barents Sea. Both companies, TGS’ and WGP Survey, Thalassa Holdings’ subsidiary, announced plans for further work in 2015 after wrapping up 2014’s multi-client/proprie
