The Board of Directors of Prysmian S.p.A. has approved the consolidated results for the first half of 2011. “The first half of 2011 has confirmed the signs of recovery in demand seen from the second half of last year, resulting in a volume increase for the majority of businesses”, states CEO Valerio
Mexus Gold US is a company engaged in the evaluation, acquisition, exploration and development of mining properties and conducts salvage… (Reuters) [mappress] Source: Reuters, August 29, 2011;
Xtera Communications, Inc., a leading global provider of optical networking solutions, and Kokusai Cable Ship Co., Ltd., a leading provider of marine operations services for cables, announced that AT&T contracted the two companies to build the GOKI (Guam, Okinawa, Kyushu, Incheon) submarine cable sy
Aberdeen-based Ecosse Subsea Systems has marked its 15th anniversary with news that turnover has again increased… (subseauk) [mappress] Source: subseauk, August 29, 2011;
International oilfield services company Expro, is undertaking a contract to provide its SafeWells integrity management software system globally to Tullow Oil Plc. Expro Well Services has been awarded a contract to provide SafeWells to Tullow in support of centralising Tullow’s management of well int
Power conversion specialist Converteam has announced its readiness to commence manufacture of its variable frequency drilling drives and medium voltage switchboards at its production facility in Betim close to Belo Horizonte in Brazil. Preparations, which have been ongoing over a period of several m
Aker Solutions has appointed Bengt Larssen as head of its geo business. Mr Larssen has since February 2010 been with Aker Solutions’ geo business as vice president exploration. Prior to Aker Solutions he has spent 16 years in various management positions at Schlumberger/Western Geco, operating as ge
A Superior Offshore International Inc bankruptcy committee accused four former managers in a lawsuit of taking millions of dollars from IPO… (subseauk) [mappress] Source: subseauk, August 29, 2011;
Technip Malaysia has submitted a bid for a deepwater job worth RM1 billion. “We are bidding for the design and managing the fabrication… Bernama [mappress] Source: Bernama, August 29, 2011;
Over the next few months, Cuba will begin using the optic fiber cable linking the island to Venezuela and Jamaica along 1600 kilometers,acco… (cubaheadlines) [mappress] Source: cubaheadlines, August 29, 2011;
The new government of Papua New Guinea, led by prime minister Peter O’Neill, has announced plans to revert ownership of minerals and resourc… (greenleft) [mappress] Source: greenleft, August 29, 2011;
Total, operator of Block 17, announced that the giant Pazflor field offshore Angola has come on stream ahead of the initial schedule. The Pazflor field lies 150 kilometres off Luanda in water depths ranging from 600 to 1,200 metres and has estimated proved and probable reserves of 590 million barrel
Officials are questioning the feasibility of a proposal by the Russian government to build a 64-mile long tunnel under the Bering Strait tha… (digitaljournal) [mappress] Source: digitaljournal, August 28, 2011;
Plans to develop an ocean-based renewable energy industry in Massachusetts took some positive steps forward last month with the successful… (southcoasttoday) [mappress] Source: southcoasttoday, August 28, 2011;
