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  • 27 August 2012
    Business & Finance

    Xinjiang Goldwind Science & Technology Co., Ltd. (“Goldwind”) has announced its interim results for the six months ended 30 June 2012 (the “reporting period”). According to unaudited financial statements prepared in accordance with International Financial Reporting Standards, the Group generated revenues of RMB3,451.01 million, net profits of RMB72.07million, basic earnings per share of RMB 0.03 […]

  • 15 March 2010
    Environment, Research & Development

    MIT analysis suggests generating electricity from large-scale wind farms could influence climate — and not necessarily in the desired way. Wind power has emerged as a viable renewable energy source in recent years — one that proponents say could lessen the threat of global warming. Although the American Wind Energy Association estimates that only about […]

  • 27 June 2017

    By Jessica Resnick-Ault (Reuters) – About 300 BP workers commute 150 miles here by helicopter, from the Louisiana coast to a deep-sea drilling platform that can produce more oil in a day than a West Texas rig can pump in a year. On the deck of Thunder Horse, they work two-week shifts, drink seawater from […]

  • 18 July 2014

    5 May 2014 saw the launching of a revolutionary new type of harbour and terminal tug: the Eddy 1. It is the first embodiment of an entire line of tugs ranging from ten-metre line-handlers to 40-metre MPVs and ERRVs. The concept is entirely new and based on three important innovations: a slender hull with ample […]

  • 9 August 2012

    Pacific Rubiales Energy released its unaudited consolidated financial results for the quarter ended June 30, 2012. Second Quarter 2012 Highlights EBITDA increased to a record $560 million ($1,098 million for the first six months, an increase of 19% compared to the same period in 2011), driven by production growth and higher netbacks. Net Earnings of […]

  • 8 January 2014
    Business & Finance, Operations & Maintenance

    Ithaca Energy Inc. (“Ithaca” or the “Company”) announces completion of flow test operations on the second development well on the Stella field and provides an update on Greater Stella Area (“GSA”) development activities. Highlights – The second Stella field development well, “A2”, flowed at a maximum rate of 10,442 barrels of oil equivalent per day […]

  • 1 April 2018

    Following successful sea trials, Multratug 32 was recently delivered to her owners Novatug, which will lease her to Multraship. Mutratug 32 is the first tug to be designed around the Carrousel system, taking full advantage of its dynamic towing point. Both Novatug and Multraship are divisions of the Muller Maritime Group. Few ship types have […]

  • 14 April 2020
    Innovation

    Interview with Julian Manning, CEO of Paradigm Group Julian Manning is the CEO of Paradigm Group. The company specialises in innovative upstream oil and gas technologies covering Drilling Operations, Well Intervention and Pipeline blockage removal. “All our core developments disrupt conventional ways of executing operations. From understanding an industry issue, to creating an alternative solution […]

  • 28 March 2014

    U.S. Senator Mary L. Landrieu, D-La., Chair of the Senate Committee on Energy and Natural Resources, held a hearing on how increasing exports of LNG will create thousands of high-paying jobs and support U.S. allies abroad. The hearing, entitled “Importing Energy, Exporting Jobs — Can it be reversed?” was Sen. Landrieu’s first as Chair of […]

  • 26 October 2010
    Business & Finance

    A month ago, as the battle over a proposed wind farm in Nantucket Sound was being heard by state regulators, William I. Koch, the fossil fuel magnate and Cape Cod summer resident, donated $100,000 to the Republican Governors Association. Koch, a longtime opponent of Cape Wind and cochairman of the Alliance to Protect Nantucket Sound, […]

  • 28 July 2016
    Business & Finance

    As the offshore energy industry expands it is important that developers take account of and address the risks of unexploded ordnance (UXO) in the marine environment. Subsea World News recently spoke to Adrian Dann, a man who heads up James Fisher Subsea UXO services. He is ex-navy senior personnel who specialises in the identification, removal and […]

  • 16 March 2020

    Read our interview with Julian Manning, the chief executive officer of Paradigm Group, regarding energy-saving during the time of energy transition.

  • 17 August 2010

    Five buoy-mounted automatic water quality monitors (AWQMs) have been installed by YSI Hydrodata engineers at the new Tyne Tunnel project to ensure that construction operations do not significantly affect river water quality. Unusually, the contractors have not taken ownership of the instrumentation, preferring instead to simply purchase the data and alarms. Background In 1967 a […]

  • 15 September 2011
    Business & Finance, Operations & Maintenance

      A dearth of public information, complicated marine environments and even the corrosive effects of bubbles are among the challenges for companies trying to produce energy from river currents, tides and waves, but Sandia National Laboratories is working on solutions. Sandia is helping companies on the frontier of the coming marine hydrokinetics (MHK) industry navigate […]

  • 11 October 2012

    Representatives from three of the biggest energy companies on the planet debated how to tackle public and political perceptions that have all but halted unconventional and shale gas projects in Europe. Day Three of the Gastech Conference & Exhibition at the ExCeL London, also saw a number of major new contracts signed by top companies […]

  • 15 September 2011

      A dearth of public information, complicated marine environments and even the corrosive effects of bubbles are among the challenges for companies trying to produce energy from river currents, tides and waves, but Sandia National Laboratories is working on solutions. Sandia is helping companies on the frontier of the coming marine hydrokinetics (MHK) industry navigate […]

  • 22 March 2018

    As the operator of the producing Peregrino field located offshore Brazil, Statoil’s activities in the country have been bearing fruit for years now. However, the Norwegian state-owned giant is looking to further solidify its position in the Brazilian waters through new project developments.

  • 26 June 2012

    The Netherlands holds many dredging companies and the exciting aspect is that they run from large multinationals to smaller medium-sized companies. For our dredging special we visited three smaller dredging-related companies. Teus Vlot, a supplier, Holland MT, specialised insupply of dredge engineering and equipment, and last but not least Van den Herik, a dredging operator. […]

  • 26 February 2013
    Business & Finance

    Scorpio Tankers Inc. yesterday announced its financial results. For the three months ended December 31, 2012, the Company had an adjusted net loss of $3.6 million (see Non-GAAP Measure section below), or $0.08 basic and diluted loss per share, excluding a $1.3 million, or $0.03 per share, unrealized loss on derivative financial instruments. For the […]

  • 7 September 2011

    Encana Oil & Gas (USA) Inc., a subsidiary of Encana Corporation (Encana), has agreed to sell a portion of its Piceance natural gas midstream assets in Colorado to a private midstream company for approximately US$590 million. “Following our Fort Lupton gas plant divestiture earlier this year, this Piceance divestiture represents our second successful step in […]

  • 15 September 2011

      A dearth of public information, complicated marine environments and even the corrosive effects of bubbles are among the challenges for companies trying to produce energy from river currents, tides and waves, but Sandia National Laboratories is working on solutions. Sandia is helping companies on the frontier of the coming marine hydrokinetics (MHK) industry navigate […]

  • 6 December 2011
    Business & Finance, Research & Development

    Matt Christiansen presented overview of Fiber Optic connectors and their use undersea. Why use Fiber Optics? The introduction of fiber optics into subsea cables has allowed the realization of much greater rates of data communications with higher signal to noise ratios than was possible with electrical cables. Fiber optics in subsea cable systems have seen […]