Business & Finance
UK: SeaZone Launches SeaZone HydroSpatial 2
SeaZone Solutions, developer of the world’s leading Marine Vector Map product: HydroSpatial, has released the first in a new series of marine mapping layers to sit within the new HydroSpatial 2 Product Family. Resounding benefits include an enhanced data model, allowing for intuitive feature filteri
Nord Stream Announces Successful Completion of Logistics Programme
Nord Stream AG announces the successful completion of its complex international logistics programme. This award-winning green logistics concept enabled the most efficient and environmentally-sound way of supplying to the pipe-laying vessels the 200,000 24-tonne concrete weight coated (CWC) pipes nee
UK: Red Spider’s eRED Completes 100 Operations
Red Spider, the Remote Open Close Technology specialist delivering major savings and reduced risk to the oil & gas industry, has announced completing 100 operations using its ground-breaking eRED tool. The work involving eRED has generated multi-million pound sales for Red Spider and has taken place
Germany: Siemens Reports Higher Q2 Revenues by 9 pct
Siemens continued broad-based revenue growth in the second quarter of fiscal 2012. Revenue in the second quarter rose nine percent year-over-year, supported by a strong order backlog. New orders were down 13 percent. Income was considerably below the prior year due to burdens in the Power Transmissi
UK: Red Spider’s eRed Completes 100 Operations
Red Spider, the Remote Open Close Technology specialist delivering major savings and reduced risk to the oil & gas industry, has announced completing 100 operations using its ground-breaking eRED tool. The work involving eRED has generated multi-million pound sales for Red Spider and has taken place
Norway: AGR’s Reservoir Management Gets New VP
Newly appointed Morten Heir holds a masters degree in Petroleum Engineering from the Norwegian University of Science and Technology (NTNU, Trondheim) as well as a masters degree in business administration from the School of Economics and Business Administration (NHH, Bergen). He also previously work
OPDR Increases Presence in Baltic Sea Region
OPDR has extended its Baltic Sea Service (BALT) through the formation of new strategic alliances in Scandinavia, the Baltics and Russia. The new BALT Service is specifically designed to ensure a cohesive connection to all other OPDR services and provides both higher frequency and reduced transit tim
Norway: AGR Appoints New Vice President of Reservoir Management
AGR has appointed a new Vice President within their Reservoir Management division. Morten Heir, formerly Technical Director at Canamens Energy for 4 years, succeeds Atle Aamodt Andresen who will now head up AGR Energy – a newly established division focusing on the development and management of proje
Germany: Largest Becker Mewis Duct for VLCC Delivered
Becker Marine Systems has delivered the largest Becker Mewis Duct® ever made with a diameter of 8.10 m for the construction of Very Large Crude Oil Carriers (VLCC) at Hyundai Samho Heavy Industries for Samco Shipholding, Singapore. This order is just one example of the excellent reception being give
The Netherlands: Ballast Nedam’s 2012 Profit Forecast Unchanged
Ballast Nedam is holding up in the still deteriorating market conditions and has achieved a revenue and profit approximately in line with those for the first quarter of 2011. Excellent results have been achieved on several major multiyear projects and in niche markets, while the regional infrastruct
The Netherlands: Ballast Nedam’s 2012 Profit Forecast Unchanged
Ballast Nedam is holding up in the still deteriorating market conditions and has achieved a revenue and profit approximately in line with those for the first quarter of 2011. Excellent results have been achieved on several major multiyear projects and in niche markets, while the regional infrastruct
UK: Scientists Prove Power Capture and Cost Benefit Potential of Pelamis ‘Line-Absorber’ Principle
Hydrodynamicists at Pelamis Wave Power have published a scientific paper that could have profound implications for the race to commercial production of wave energy converter machines, after proving the theoretical advantage of line absorbers over point absorbers. The paper entitled “Maximum wave-pow
Norway: Wintershall Gets OK for Drilling with Borgland Dolphin
The Petroleum Safety Authority Norway has given its approval to Wintershall to carry out exploration drilling of well 33/6-4 with the Borgland Dolphin rig. Well 33/6-4 belongs to production licence 370 in the northern part of the North Sea, adjacent to the median line with the UK.. Water depth at th
Russia: FSUE Rosmorport’s New Vessel Launched
Moscow Shipbuilding and Shiprepairing Plant P.C. on April 20th successfully launched the first boat in a series of six Multi Purpose Boats of project MPB14 ordered by Rosmorport for its Azov-Black Sea branch. The pilot boats were designed by MT-Shipbuilding. “In accordance with the contract, the fir