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
General Manager Kjell-Peder Overvåg of Havyard`s Brazil division showed Trade Minister Giske around the office and informed of Havyard`s increased efforts in Brazil. The Minister was introduced to various Havyard ship designs including Seven Havila, a Havyard 858 DSV that only last week won the pres
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
Nexans, worldwide expert in the cable industry, has been awarded a contract by DONG Energy, based in Fredericia, Denmark, to supply the submarine cables and related accessories for the Anholt Offshore Wind Farm. The order, worth around 30 million euros, also includes the installation and commissioni
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;
Ensco plc reported diluted earnings per share from continuing operations of $0.90 for fourth quarter 2010, compared to $1.40 per share in fourth quarter 2009. Earnings from discontinued operations were $0.03 per share in the fourth quarter, compared to $0.06 per share a year ago. Diluted earnings pe
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;
Global Industries is showcasing its new heavy lift/pipelay vessel Global 1200, at the Subsea Tieback Forum and Exhibition (SSTB) in San Antonio, Feb 22-24. (fuelfix) [mappress] Source: fuelfix ,February 24, 2011;
FMC Technologies, Inc. announced that Tore Halvorsen, Senior Vice President, Global Subsea Production Systems, will participate in a panel discussion at the following event: Event: DnB NOR Markets Annual Oil, Offshore and Shipping Conference DnB NOR Headquarters Stranden 21, Aker Brygge 0021 Oslo No
