While a group of marine scientists from the Kiel Leibniz Institute of Marine Sciences (IFM-GEOMAR) is currently surveying the Red Sea on the German research vessel Poseidon, a second working group led by the Kiel marine biologist Professor Martin Wahl has been doing coastal work since the beginning
Lundin Mining Corporation reported net income of $317.1 million ($0.55 per share) for the 2010 year, an increase of $243.4 million from the $73.7 million ($0.13 per share) reported in 2009. The fourth quarter result was $144.6 million ($0.25 per share), up from $35.1 million ($0.06 per share) in 200
In February 2011, BMO Capital Markets is hosting annual Global Metals & Mining Conference in Hollywood, Florida. Please join along with senior management from the world’s leading mining and precious metal companies for a global perspective into current and future investing opportunities Registration
Area Marina Protetta tenders for provision of personnel transport vessels with the provision for monitoring, awareness and dissemination of the seabed as well as capabilities for positioning and recovery activities. Area of tender is Crotone, Italy. Deadline for specialist vessel tender is 30.3.2011
Mr. Jochen Tilk, President & Chief Executive Officer of Inmet Mining Corporation and Mr. Phil Wright, President & Chief Executive Officer of Lundin Mining Corporation will be speaking on Monday February 28, 2011 at 3:30 p.m. EST at the BMO Capital Markets 2011 Global Metals & Mining Conference being
MirTac has successfully completed the implementation of asset management system Star IPS at Seatec. MirTac supports Seatec in her maintenance, safety and audit operations for her diving and ROV projects. Johan de Bie, General Manager at Seatec: ‘With Star IPS, all condition based and preventive main
The contract is the provision of services for activities of EPIC (Engineering, Procurement, Installation and Construction) for the construction of a subsea pipeline. The EPIC contractor develops detailed engineering aimed at laying and supplying the materials (except those supplied by the contractin
A contract signed recently with Technip for marine operations and pipelay on the Gygrid field development in the Norwegian Sea is proof. “This agreement moves us one step closer to realising Gygrid, planned to start during 2Q 2011 and begin producing as soon as late 2012/early 2013,” says Halfdan Kn
Environment and Natural Resources Secretary Ramon J. P. Paje has directed all regional directors of the Mines and Geo-sciences Bureau to refrain from accepting and processing new mining applications nationwide. Paje issued the directive in view of the on-going cleansing of pending and inactive minin
Dockwise Ltd., publishes results for the three month period and full year ended 31 December 2010. Financial highlights Q4 2010 Revenues of USD 123 million (Q3 2010: USD 109 million); Adjusted EBITDA of USD 50 million (Q3 2010: USD 46 million); Operating margin of 41% (Q3 2010: 42%); Adjusted net pro
Subsea 7 S.A. announced today the award of an engineering, procurement, installation and commissioning contract from Centrica Energy Upstream for the flowlines and subsea works on the Ensign Project, approximately 18km North West of the Audrey ‘A’ platform, located over Block 48/14 and 48/15 of the
A new comprehensive analysis finds that 75% of the world’s coral reefs are currently threatened by local and global pressures… (waterlink) [mappress] Source: waterlink ,February 24, 2011;
There are a number of submarine cable routes being planned and under construction throughout Europe; these are built in the interest of trade and for the integration of renewable energy into the European grid. Cables are a huge investment; both of time and money, and any challenges arising could res
In a landmark development, du today announced partial activation of the new Europe India Gateway (EIG) submarine cable –which will enhance capacity and diversity between the UAE and Middle East to Europe and Asia. The EIG submarine cable was conceived by a 16-member consortium of leading regional an
