Search results for: GlobeNet

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  • 26 June 2012
    Business & Finance, Operations & Maintenance

    Oi’s international subsidiary – GlobeNet – a leading provider of submarine capacity, announces that it is extending its subsea network to Colombia, thus creating an express route from its future landing on Colombia’s Atlantic coast to Miami, Florida – USA. As a direct extension from its existing subsea cable system connecting the USA, Venezuela, Brazil, […]

  • 7 May 2018
    Equipment, Operations & Maintenance

    GlobeNet has deployed a new 2,500 km submarine cable that will link Rio de Janeiro and Sao Paulo to Buenos Aires. This new infrastructure will connect Argentina to the GlobeNet network in Brazil, effectively linking the Southern Cone of South America to the United States and the world. “Our submarine cable, designed to satisfy low latency and high capacity demands, will be the first new route to […]

  • 21 May 2018
    Equipment, Project & Tenders

    GlobeNet has selected Ciena technology to deliver 200G wavelengths along its 23,500 km fiber optic subsea cable system across the Americas. The deployment will help GlobeNet improve its network resiliency, increase system capacity, and reduce latency, the company said. By implementing Ciena’s GeoMesh Extreme solution, including the 6500 Packet-Optical Platform powered by WaveLogic Ai coherent optics, GlobeNet will be able […]

  • 17 January 2012
    Business & Finance, Operations & Maintenance

    GlobeNet, an international wholesale provider of submarine capacity, and a wholly-owned subsidiary of Oi, and TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology, announced they have commenced construction for the replacement of Segment 5 of GlobeNet’s high performance subsea cable system. This new subsea cable will provide more […]

  • 6 September 2018
    Business & Finance, Equipment, Operations & Maintenance

    GlobeNet and Facebook have begun construction of the new submarine cable system GlobeNet announced in May. GlobeNet and Facebook will co-own the system and it will be operated by GlobeNet. Named ‘Malbec’ after the renowned Argentinian wine, the new 2,500 km submarine cable will link the Brazilian cities of Rio de Janeiro and Sao Paulo […]

  • 4 August 2011

    Ocean innovation and research at the University of Victoria has benefitted from a $1.19 million contribution in federal funding from … (globe-net) [mappress] Source: globe-net, August 4, 2011;

  • 31 March 2011

      GlobeNet, an international wholesale provider of submarine capacity, and a wholly owned subsidiary of Oi, announces today it has completed… (globenet) [mappress] Source: globenet , March 31, 2011;  

  • 4 August 2011

    Ocean innovation and research at the University of Victoria has benefitted from a $1.19 million contribution in federal funding from Western Economic Diversification Canada. The funding will help UVic to secure the powertrain equipment necessary to retrofit the former Tsekoa II into the world’s first plug-in hybrid “green ship” powered by electricity, hydrogen fuel cells […]

  • 2 January 2012
    Research & Development

      The hedges were given over the objections of the Communications Ministry legal and economics departments. Ministry of Communications director general Eden Bar-Tal instructed the ministry’s legal and economics departments to create hedges for Tamares Telecom Ltd., which is laying a third undersea cable between Israel and Cyprus, in order to facilitate the company’s entry […]

  • 17 May 2011
    Business & Finance

      RigNet, Inc., a leading global provider of managed communications solutions for the oil and gas industry, announced that its subsidiary in Oman, RigNet Middle East LLC, has been awarded a Class III VSAT license. This license allows RigNet to serve Oman’s oil and gas industry, both onshore and offshore, offering business critical remote communications […]

  • 24 June 2011
    Business & Finance

      Globus Maritime Limited, a dry bulk shipping company, announced that it has taken delivery of the M/V “Moon Globe,” a 2005-built Panamax dry bulk carrier it acquired for a purchase price of $31.4 million, which the Company had previously announced on May 3, 2011. The M/V “Moon Globe” was built at Hudong-Zhonghua Shipyard in […]

  • 30 November 2011
    Business & Finance

    Seadrill, a Norwegian-Bermudan offshore drilling company with operations around the globe today announced its third quarter 2011 net income of US$58 million. Consolidated revenues for the third quarter of 2011 amounted to US$1,029 million as compared to US$995 million in the second quarter. Operating profit for the quarter was US$480 million, up from US$430 million […]

  • 18 February 2011

    After a 3 year development and testing period, Dutch maritime IT and electronics supplier NetWave Systems have started the first deliveries of their MarLiant systems. This fully redundant IT system specifically designed for the maritime environment is a ‘deployment ready’ thin-client/server solution, which incorporates dedicated service-processors to cover the ‘high availability’ and security issues encountered […]

  • 20 July 2016
    Business & Finance, Equipment

    Oilfield services major Halliburton has seen red in the second quarter, ended June 30, 2016, as it recognized $3.5-million termination fee following a failed merger agreement with Baker Hughes and saw its revenue decline by some 35 percent. The company booked quarterly net loss of $3.2 billion ($3.73 per share), compared with net profit of $54 […]

  • 20 October 2015
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Wave Energy Scotland (WES), a subsidiary of Highlands and Islands Enterprise (HIE), has announced a £720,000 partnership expected to demonstrate wave energy converters as a means of powering offshore aquaculture installations. According to WES, Albatern has teamed up with Marine Harvest, a seafood company, for the project that could power remote island communities in addition […]

  • 11 December 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    US-based ocean energy solutions provider Ocean Power Technologies (OPT) has recorded 50% increase in net loss for the second quarter of fiscal 2019 as compared to the same period last year.

  • 20 October 2011

    NetWave Systems B.V. acquired the Voyage Data Recorder division of Rutter Inc. Parties concluded agreements whereby NetWave, also a manufacturer of VDRs for seagoing vessels and offshore installations, will manufacture Rutter™ VDR-100G3 systems as well as support and service all earlier models of Rutter ™ VDRs on a world-wide basis. After a transition period, during […]

  • 3 November 2011
    Business & Finance, Operations & Maintenance

      TGS reports net revenues of USD 160 million in Q3 2011, compared to USD 130 million in Q3 2010, a 23% increase. Investments were USD 111 million, up 77%. These investments were a record for the Company in a single quarter and resulted in a record high number of vessels utilized in a quarter. […]

  • 2 April 2012
    Project & Tenders

    Kohlberg Kravis Roberts & Co. L.P. announced that it has entered into a definitive agreement to acquire certain Barnett Shale and Arkoma Basin properties from WPX Energy for $306 million. The transaction, which is expected to close in the second quarter, is being made through KKR Natural Resources (KNR), KKR’s partnership with Premier Natural Resources […]

  • 18 April 2016
    Business & Finance, Operations & Maintenance

    Ezra Holdings has booked a loss in the second quarter as the weak market drove the revenues down forcing the Singapore-based offshore contractor to recognise impairments and write offs of bad debts. The Losses for the three months ending February 29 came in at USD 282.6 million for Q2 2016 and USD 336.4 million for H1 2016, […]

  • 15 May 2013

    PIRA Energy Group reported that the past six weeks have brought forth a slew of new LNG import terminals around the globe. In the U.S., the EIA’s gas production estimate for February came in unexpectedly strong. In Spain, the new posting of June pipeline imports from Algeria shows a significant downturn in upcoming June volumes. […]

  • 26 February 2020
    Business & Finance

    UK oil major BP has said that, following an in-depth review examining the alignment of the climate-related policies and activities of trade associations with BP’s positions, it will leave three U.S.-based organizations in an effort to reach its target of becoming a net zero company by 2050.