Business & Finance
UK: Narec to Host Breakfast Briefing Up-Skilling for Offshore Renewables
Narec in collaboration with Semta, the Sector Skills Council for science, engineering and manufacturing technologies and the National Composites Network is hosting a breakfast briefing at Narec on Tuesday 29th May. Narec has secured funding from the European Regional Development Fund for programmes
Dutch Boskalis Lands Several Wind Park and Offshore Related Contracts
Boskalis has signed a contract with partners DONG Energy and Scottish Power Renewables for the partial construction of the “West of Duddon Sands” offshore wind park in the Irish Sea. The work comprises the preparation of the seabed and the transport and placing of 108 wind turbine foundations. The p
UK: Tidal Transit to Exibit ‘Eden Rose’ at Seawork 2012
Vessels on display at Seawork 2012 International (22-24 May 2012) have immediate access to Southampton Water, and visitors to this event who are involved in the offshore wind industry should be sure to visit the Tidal Transit berth (V34) to go aboard Eden Rose. Eden Rose, the second of Tidal transit
IRM Systems to Produce Repair Concept Proposal for Dutch-UK Pipeline
Independent Risk Management Systems B.V. (IRM Systems), an independent supplier of emergency pipeline repair systems (EPRS) and pipeline repair services, announced that pipeline operator BBL Company awarded the company a contract to produce a Concept Proposal that will provide a thorough assessment
OTC 2012: EnerMech to Splash USD 65 mln on US Expansion
UK-based mechanical engineering group, EnerMech, has ring fenced more than $65 million (£40 million) to launch a major expansion in to the USA, as it seeks to replicate massive growth in Europe and the eastern hemisphere. Up to $15 million (£9.5 million) will be invested in new Process, Pipeline and
Finland: Sance, STX Finland Cabins Begin TUI-Cruiser Project
Sance has received a new order concerning the new TUI- cruiser. The contract’s parties are Sance and STX Finland Cabins Ltd, and the engineering contract concerns passenger cabins’ HVAC, electrical and interior design (excluding suites). This contract will employ 5 people for about a year. “We are h
NORDEN’s Executive Vice President Resignes (Denmark)
Executive Vice President and member of the Executive Management in Dampskibsselskabet NORDEN A/S, Peter Norborg, on 30 April resigned from his position in order to take up a position as COO at Gearbulk UK, an open hatch/boxship specialist, based in Weybridge, England. Peter Norborg will continue in
UK: Expro Secures New Contracts for CaTS
Leading international oilfield service company Expro has secured $10M of new contracts to supply its cableless telemetry system (CaTS™). Expro’s CaTS advanced reservoir testing (ART) service will be utilised by two operators in Brazil to provide high value, accurate and reliable pressure and tempera
USA: BlueView, SeaTrepid Announce Teaming Agreement
BlueView Technologies and SeaTrepid International announce a teaming agreement to deliver offshore/onshore operations support for BlueView’s line of 2D and 3D underwater imaging and measurement solutions. BlueView is the world leader in compact acoustic imaging and measurement technology, and SeaTre
Denmark: Vestas Reports Q1 Revenues of EUR 1,105 Million
Vestas generated revenue of EUR 1,105m in the first quarter of 2012 – an increase of 4 per cent to the year-earlier period. EBIT before special items declined by EUR 135m to EUR (204)m. The EBIT margin before special items was (18.5) per cent. After special items of EUR 41m, EBIT was EUR (245)m. The
Boskalis Secures Offshore Wind Related Contracts in Irish Sea
Boskalis has signed a contract with partners DONG Energy and Scottish Power Renewables for the partial construction of the “West of Duddon Sands” offshore wind park in the Irish Sea. The work comprises the preparation of the seabed and the transport and placing of 108 wind turbine foundations. The p
The Netherlands: IRM Systems Advises on BBL Pipeline
Independent Risk Management Systems B.V. (IRM Systems), an independent supplier of emergency pipeline repair systems (EPRS) and pipeline repair services, announced that pipeline operator BBL Company awarded the company a contract to produce a Concept Proposal that will provide a thorough assessment
Denmark: LM Wind Power Announces EUR 707.5 Million Revenue for 2011
LM Wind Power Group made continued progress despite being faced with a range of external pressures, maintaining profitability for 2011 with revenue of EUR 707.5 million and EBITDA of EUR 73.9 million. The results are in line with expectations for the year, yet disappointing and lower than last year.
Main One Upgrades Capacity of Undersea Cable Between Nigeria and Portugal
Main One Cable Company announced that it has upgraded the lit capacity on its undersea fibre optic cable system with an additional 20 Gbps between Lagos, Nigeria and Seixal Portugal, with deployment of an additional bank of 10 Gbps wavelengths ready for implementation on demand. This upgrade was nec