Top News of the Week of Apr 22 – Apr 28, 2013

Business & Finance

April 28, 2013

1. Saipem Nets $500 Mln Offshore Contracts in Latin America

Saipem has been awarded new E&C Offshore contracts in Latin America for the total value of approximately $500 million.

2. CNOOC Starts Production from Weizhou 6-12 Oil Field (China)

CNOOC Limited announced that Weizhou 6-12 oil field has recently commenced production.

3. Keppel Applies for Seabed Minerals Exploration Licence

Keppel Corporation Limited (Keppel Corporation) has today announced the formation of Ocean Mineral Singapore Pte. Ltd. (OMS), which intends to explore for polymetallic nodules several kilometres beneath the ocean’s surface.

4. Alstom Shows Tidal Stream Power Generation (VIDEO)

Alstom, a world leader in transport infrastructure, power generation and electrical grid, shows tidal stream power animation. Tidal power is a major growth area, with a potential global electricity generation estimated up to 100 gigawatts.

5. Prysmian to Provide New Connection Between Balearic Islands of Mallorca & Ibiza

Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a new contract worth approximately 85 million euro by REE (Red Eléctrica de España, S.A.U.), the Transmission System Operator of the Spanish electricity system, for the second circuit of the interconnection between the Balearic Islands of Mallorca and Ibiza.

Top News of the Week of Apr 08 – Apr 14, 2013

Subsea World News Staff , April 28, 2013