Search results for: innovation

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  • 18 September 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Kleven in Ulsteinvik, Norway has secured a new job to construct a DP3 cable-laying vessel for a Swiss-based cable specialist ABB. The 140 by 30 meters vessel, based on a design from Salt Ship Design, is scheduled for delivery in 2017. MAATS Tech is responsible for the integration of the cable lay mission equipment in the […]

  • 9 October 2019
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Forum Subsea Technologies’ latest remotely operated vehicle (ROV), the XLe Spirit, has completed sea trials in Norway. The vehicle is the first of a new generation of electric observation class ROVs. It is the smallest in the new range, and powerful enough to perform subsea maintenance and repair work. It is suited to the aquaculture […]

  • 24 February 2017
    Business & Finance, Equipment, Operations & Maintenance

    Norwegian seabed seismic services player, Magseis, has bounced back in black at the end of the fourth quarter 2016 with its quarterly revenues at all-time high. The Oslo-listed company has seen its revenues up to USD 20 million from USD 5.5 million same time last year. The Q4 2016 revenues is a result of the Saudi Aramco Red […]

  • 16 February 2018

    Italian authorities seized up to 300 kg of cocaine from a containership berthed at the Port of Genoa.

  • 10 November 2015
    Business & Finance

    An economic criminal court in Bremen has approved three indictments against the founder of the former German heavy lift shipping company Beluga Shipping GmbH, Niels Stolberg, and the trial is set to start in January, 2016, according to local media. Stolberg is, among other things, suspected of fraud and embezzlement of USD 110 million and is also being […]

  • 26 August 2016
    Business & Finance

    Swedish tidal energy developer, Minesto, today reported a revenue of approximately USD 1.1 million (SEK 8.8 million) for the first half of 2016.

  • 29 January 2016

    The International Transport Workers’ Federation (ITF) disagrees vehemently with the recent court ruling over the 2002 Prestige oil spill that sentenced Captain Mangouras to two years of prison. “This decision represents the dying gasps of a 14 year old attempt to deflect blame onto the shoulders of an octogenarian man, who has been cleared in the court of […]

  • 17 June 2014

    CorPower Ocean AB was founded in 2009 by Dr. Stig Lundbäck, after he had spent about 30 years of his life imagining and designing various kinds of high efficiency pumping systems. Contrary to what might be expected, Dr. Lundbäck is not an engineer, but a medical doctor with a deep passion for the pumping principles […]

  • 8 June 2015

    A New Orleans jury has acquitted David Rainey, the highest ranking executive from BP charged in the Deepwater Horizon disaster in 2010, from charges that he lied to the FBI. The acquittal followed Monday’s dismissal of an obstruction of Congress charge against Rainey by the judge. The indictment against Rainey, the former head of exploration at […]

  • 15 April 2015

    Bourbon Offshore, a France-based supplier of offshore support vessels, has said that its former tax manager is being investigated for allegations of bribery of public officials in Cameroon, Equatorial Guinea and Nigeria in connection with the tax audits of local entities in 2011 and 2012. The company itself is now under investigation too. The company’s former tax […]

  • 11 March 2015

    Maritime charities Human Rights at Sea (HRAS) and The Mission to Seafarers (MtS) have issued a global plea for urgent action for the crew of the detained vessel the MV Seaman Guard Ohio. The 6 men, all former soldiers from the UK – John Armstrong, Nick Dunn, Billy Irving, Nick Simpson, Ray Tindall and Paul […]

  • 24 February 2015

    A North Carolina resident was arrested yesterday for allegedly making a fraudulent claim on the fund set up to compensate victims of the 2010 Deepwater Horizon oil spill, announced Assistant Attorney General Leslie R. Caldwell of the Justice Department’s Criminal Division. According to the Justice Department, Michael R. Rosella, 45, of Wilmington, North Carolina, was […]

  • 7 February 2013

    Norway’s Statoil today announced fourth quarter 2012 net operating income of NOK 45.8 billion. In 2012, net operating income was NOK 206.6 billion.  According to Reuters, the numbers beat market expectations. “2012 was a year of strong strategic and operational progress for Statoil. We grew our production by 8% in 2012, in line with the […]

  • 9 November 2015
    Research & Development, Technology

    Researchers at the Department of Civil and Environmental Engineering of the Universitat Politècnica de Catalunya (UPC) have designed and patented a floating platform for offshore wind turbines that can reduce energy costs to 12 euro cents per kilowatt hour (kWh) through a more efficient design and cheaper building materials. Researchers Climent Molins and Alexis Campos, […]

  • 15 February 2019
    Business & Finance

    Senior officers discharged oily waste into the ocean by flushing the pollution prevention equipment sensor.

  • 18 August 2014

    Benigno Aquino, President of the Philippines, said that two survey vessels from China had been seen in a disputed gas-rich area of the South China Sea which the Philippines consider their exclusive economic zone, Reuters reports. China is trying to secure a claim over the entire South China Sea, with Brunei, Malaysia, the Philippines, Taiwan […]

  • 29 November 2018

    Two Iranians indicted for ransomware attacks targeting over 200 entities, including Port of San Diego.

  • 21 August 2015
    Business & Finance, Operations & Maintenance

    Norwegian geophysical contractor, Magseis, has reported net profit of USD 1.6 million or $0.06 basic earnings per share in the second quarter 2015, compared to net profit of USD 220K or $0.01 basic earnings per share during Q2 2014. The Oslo-listed company has seen its revenue almost flat at USD 16.6 million compared to USD […]

  • 4 December 2015
    Authorities & Government, Business & Finance, Research & Development, Technology

    Minesto, together with eight partners, has received EUR 5.1 million to develop the Deep Green technology within a project named PowerKite, financed through EU Horizon 2020. The aim is to develop the next generation of the Deep Green power plant; to give it a better performance, a longer life expectancy and improved reliability, all in order […]

  • 20 April 2012
    Business & Finance, Operations & Maintenance

    Schlumberger Limited reported first-quarter 2012 revenue of $10.61 billion versus $10.97 billion in the fourth quarter of 2011, and $8.72 billion in the first quarter of 2011. Net income attributable to Schlumberger, excluding charges and credits, was $1.31 billion—a decrease of 12% sequentially but an increase of 35% year-on-year. Diluted earnings-per-share, excluding charges and credits, […]

  • 4 December 2015
    Research & Development, Technology

    Minesto, together with eight partners, has received EUR 5.1 million to develop the Deep Green technology within a project named PowerKite, financed through EU Horizon 2020. The aim is to develop the next generation of the Deep Green power plant; to give it a better performance, a longer life expectancy and improved reliability, all in order […]

  • 4 December 2015
    Research & Development, Technology

    Minesto, together with eight partners, has received EUR 5.1 million to develop the Deep Green technology within a project named PowerKite, financed through EU Horizon 2020. The aim is to develop the next generation of the Deep Green power plant; to give it a better performance, a longer life expectancy and improved reliability, all in order […]