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
The University of Maine’s Advanced Structures and Composites Center and the DeepCwind Consortium released the Maine Offshore Wind Report today. The report is available for download online at DeepCwind.org/offshorewindreport. UMaine Prof. Habib Dagher is leading statewide efforts to develop the techn
The University of Maine’s Advanced Structures and Composites Center and the DeepCwind Consortium released the Maine Offshore Wind Report today. The report is available for download online at DeepCwind.org/offshorewindreport. UMaine Prof. Habib Dagher is leading statewide efforts to develop the techn
Superior Energy Services, Inc. today announced net income of $3.0 million, or $0.04 per share on revenue of $456.9 million for the fourth quarter of 2010. The results included the following special items, which are primarily non-cash: * Pre-tax impairment charge of $32.0 million for components prima
J D Neuhaus, one of Europe’s foremost materials handling and lifting specialists, are exhibiting on stand number E58, hall 12 at the CeMAT… (mhwmagazine) [mappress] Source: mhwmagazine ,February 24, 2011;
Children visiting the Pittsburgh Zoo & PPG Aquarium’s Open Oceans tank are now helping researchers at the Carnegie Mellon University’s Robotics Institute… (ibtimes) [mappress] Source: ibtimes ,February 24, 2011;
Endeavour International Corporation announces that its wholly owned subsidiary, Endeavour Energy U.K. Ltd., has received all the approvals necessary to finalize the acquisition of an additional 20% working interest in the Bacchus field in the North Sea from Shell U.K. Limited. As a result of the tra
Helix Energy Solutions Group, Inc. reported a net loss of $49.8 million, or $(0.48) per diluted share, for the fourth quarter of 2010 compared with a net loss of $55.7 million, or $(0.53) per diluted share, for the same period in 2009, and net income of $26.2 million, or $0.25 per diluted share, in
The offshore wind industry is in transition, and faces faces challenges that are typical of all fast-growing sectors: unforeseen problems… (wind.energy-business-review) [mappress] Source: wind.energy-business-review, February 23, 2011
The Nord Stream Pipeline construction is fully on track. Over 1,000 kilometres of Line 1 and 70 kilometres of Line 2 have already been laid in the Baltic Sea. The project has all the necessary permits, and all pipes and construction capacities have been procured. “Gas deliveries will start in Line 1
