Business & Finance
UK: Jee in Strong Position to Achieve 2012 Growth Targets
Aberdeen-based subsea engineers Jee Ltd will increase the size of the company to 100 employees this year. “We are starting off the year on very strong footing,” said Trevor Jee, Managing Director. “We have an effective management team in place, supported and guided by a talented board of directors.
Norwegian-led Consortium Receives Support for Innovative Seabed Foundation Project
NorWind Installer AS, together with partners OWEC Tower AS, Vestavind Offshore AS, MENCK GmbH, BAUER Spezialtiefbau GmbH, Strathclyde University, Glasgow and the Centre for Integrated Petroleum Research (CIPR) at UNI Research, have been awarded support from the Norwegian Research Council for an inno
MOG Secures Funds for Exploration Offshore Malta
Mediterranean Oil & Gas Plc, the central Mediterranean focused producer, developer and explorer of oil and gas assets, announces that it has drawn down EUR2.0m under the short term secured loan facility of up to EUR3.5m with affiliated investment funds of Och-Ziff Capital Management Group. As previo
Denmark: Piles of Rock Prevent Scour Formation Around Anholt Wind Farm Foundations
Based on the extensive seabed surveys carried out in 2010 at Anholt Offshore Wind Farm, 42 turbine positions have been identified as being at risk of extreme scour formation around the turbine foundation and it has therefore been decided to place a pile of rocks at the positions before the monopole
The Netherlands: Sterling Reports F17 Appraisal Results
Sterling Resources Ltd. today announced the preliminary results of appraisal well F17-09 in block F17a of the Dutch North Sea. After reaching a measured depth of 2200 meters, provisional analysis indicates the well encountered a 10 meter gross oil interval (6 meter net oil interval) through interbed
Switzerland: Noble Corporation Announces Management Changes
Noble Corporation announced that Bernie G. Wolford has been named to the position of Senior Vice President – Operations. Wolford will be responsible for increasing Noble’s organizational capabilities, advancing the Company’s culture of safety and ensuring operational excellence throughout the Noble
Germany: Demag Cranes Makes Good Start to New Financial Year
Demag Cranes started financial year 2011/2012 with ongoing growth. Demag Cranes once again outperformed the prior year on our key reporting indicators: Group order intake, Group revenue and operating EBIT. Demag Cranes AG’s CEO, Aloysius Rauen, states: “Financial year 2011/2012 has started well for
TAG Energy Solutions CEO Urges Davey to Commit to Offshore Wind Power (UK)
TAG Energy Solutions CEO and Energi Coast Chairman Alex Dawson has urged the new Secretary of State for Energy & Climate Change to maintain the Government’s commitment to offshore wind power. Immediately following the resignation of Chris Huhne and subsequent appointment of Ed Davey as the new Energ
Norway: Marlink Upgrades Global Maritime VSAT Service with iDirect
VT iDirect, Inc. (iDirect), a company of VT Systems, Inc. (VT Systems), announced that Marlink, one of the largest maritime VSAT network operators, has upgraded its global service with the integration of iDirect’s Evolution® X5 Satellite Router and latest operating software release, iDX 3.0. Vessels
Denmark: DONG Energy Installs 14 Foundations at Anholt Offshore Wind Farm
DONG Energy recently announced that 14 monopiles have been installed at Anholt Offshore Wind Farm. Since the first monopile was installed at 19.00hrs on New Year’s Eve, periods of good weather have been used to install foundations. On 1 February 2012, Svanen had erected 14 monopiles. Even though the
French Company Reveals Outlook for Defeating Piracy
Worldwide communities have shown an increased awareness of the importance of providing an outlook for ending piracy. While reflecting on challenges and learning from failures, communities are taking part in the socio-technological dialogue in which good practice becomes the intellectual backbone for
UK: Sonardyne to Demonstrate ‘Deeper Understanding’ at Oceanology International 2012
Sonardyne’s integrated low risk subsea technologies, custom engineering, project planning and field support services will be presented on Stand G300 at this year’s Oceanology International exhibition and conference (March 13th-15th). Product specialists will be available to discuss customers’ requir
Germany Designs Financial Plan for Renewable Energy
Germany recently passed the 20 percent mark for renewable energy in the electricity mix. And the federal KfW bank group has introduced a new plan to further accelerate this shift to renewables, with increases in multimillion euro business loans now available. As more renewable energy is generated, e
UK: WSS to Deliver Key Presentation at IP Week 2012
Frederic Fontarosa, Wilhelmsen Ships Service’s (WSS) Business Director Ships Agency will speak at this year’s prestigious IP Week, to be held at the Park Plaza Riverbank, London, from 20-22 February. Hosted by The Energy Institute, IP (International Petroleum) Week 2012 brings together professionals