Business & Finance
Italy: Prysmian Releases Results for First Three Months
The Board of Directors of Prysmian S.p.A. has approved the Group’s consolidated results for the first quarter of 2012 (which are not subject to audit). ” The integration with Draka has led to a significant growth in size – comments CEO Valerio Battista -, allowing sales to be better distributed geog
UK: Subsea 7’s First Quarter in Line with Expectations, Says CEO
Subsea 7 S.A. announced results for the first quarter 2012 which ended on 31 March 2012. Jean Cahuzac, Chief Executive Officer, said: “I am pleased with our results. We have delivered a good first quarter in line with our expectations. We have also continued to improve the quality of our backlog. Th
Dutch DSM and Lankhorst Introduce Breakthrough Deepwater Mooring Technology
DSM and Lankhorst Ropes cooperation delivers breakthrough technology for deepwater permanent moorings. DSM, producer of Dyneema, the world’s strongest fiber, has introduced DM20, a new fiber designed for the production of incredibly strong ropes that provide unrivalled strength, stiffness and durabi
Italy: Prysmian Group Releases First Quarter 2012 Results
The Board of Directors of Prysmian S.p.A. has approved the Group’s consolidated results for the first quarter of 2012 (which are not subject to audit). ” The integration with Draka has led to a significant growth in size – comments CEO Valerio Battista -, allowing sales to be better distributed geog
UK: Bond Offshore Helicopters’ Passengers and Crew Safe
Bond Offshore Helicopters Ltd, the UK’s providers of energy support services reports that, yesterday at 12.13h, an Eurocopter EC225 helicopter (registration G-REDW) outbound from Aberdeen going to the Ensco102 Maersk Resilient platform made a controlled descent 24 nautical miles off-shore. The Capta
TGS Buys Volant Solutions (USA)
Norway’s TGS announced today that its Geological Products division purchased all the outstanding shares of Volant Solutions Inc. Volant is a small, six-employee technology company based in Houston that provides integration solutions for E&P companies to address the challenges of managing ever increa
UK: Bond Offshore Helicopters’ Crew Safe
Bond Offshore Helicopters Ltd, one of the UK’s leading providers of energy support services reports that at 12.13h yesterday an Eurocopter EC225 helicopter (registration G-REDW) outbound from Aberdeen going to the Ensco102 Maersk Resilient platform made a controlled descent 24 nautical miles off-sho
UK: The Royal National Lifeboat Institution Wins 2011 RINA-LR Maritime Safety Award
The Royal National Lifeboat Institution’s (RNLI) Engineering and Supply Department has won the 2011 RINA-LR Maritime Safety Award for their innovative work in ensuring and improving the safety of its lifeboats. The award, sponsored by the Royal Institution of Naval Architects (RINA) and Lloyd’s Regi
Boskalis Holds Annual General Meeting of Shareholders (The Netherlands)
At yesterday’s Annual General Meeting of Shareholders of Royal Boskalis Westminster N.V. the annual report 2011 has been approved, as well as the re-appointment of one of the members of the Supervisory Board. Furthermore, the meeting adopted the dividend proposal of EUR 1.24 per share. Re-appointmen
UK: Siemens Factory Approval Motivation for Small Businesses
Approval of plans for a Siemens wind turbine factory in Hull, UK, should be a “wake-up call” for small businesses, according to an industry group. Directors of the Renewables Network – which represents more than 250 companies across the green energy supply chain – have welcomed a decision by the cit
UK Announces GBP 5 Million Fund for Offshore Wind Energy
At the Clean Energy Ministerial on 26 April 2012, the Prime Minister welcomed continuing efforts to reduce the costs of offshore wind energy. Innovation has a significant role to play in improving technology and reducing the cost of energy. This second round of offshore wind innovation funding, with
UK Announces GBP 5 Million Fund for Offshore Wind Energy
At the Clean Energy Ministerial on 26 April 2012, the Prime Minister welcomed continuing efforts to reduce the costs of offshore wind energy. Innovation has a significant role to play in improving technology and reducing the cost of energy. This second round of offshore wind innovation funding, with
Ship Repair Yards Challenged to Keep Ship Owners’ Investment Costs Low (Sweden)
International environmental regulations for the shipping industry are being tightened and demand a reduction of the emissions of sulphur and nitrous oxides. In order to fulfill these demands, many of which come from the UN’s International Maritime Organization (IMO), shipping companies are pushed to
Oil & Gas UK: Well Services Sector Worth USD 3 bln
Oil & Gas UK’s report on the UK oil and gas well services sector, published yesterday, shows that in 2011 the gross revenue generated from UK oil and gas business grew dramatically by 28 per cent to $2.8 billion (£1.7 billion). The number of highly-skilled jobs supported by the sector across the UK