Business & Finance
Green Investment Bank Takes Another Step (UK)
The Green Investment Bank is designed to accelerate private sector investment in the UK’s transition to a green economy. The first priority sectors for the Bank, subject to approval by the European Commission, are: Offshore wind power generation. commercial and industrial waste processing and recycl
Maersk, US Navy Test Algae-based Biofuel on Container Ship Maersk Kalmar
Maersk and the U.S. Navy are testing algae-based biofuel on the container ship Maersk Kalmar. The ship is en route from Northern Europe to India. Maersk Kalmar has two key attributes that make it a suitable vessel for biofuel testing. The 300 meter-long container ship has a dedicated auxiliary test
Norway: ConocoPhillips Finds Gas Near Ula Field in North Sea
ConocoPhillips has found gas in wildcat wells 7/11-12 S and 7/11-12 A, about 19 kilometres southwest of the Ula field in the southern part of the North Sea. The wells are the first two exploration wells in production licence 301 CS, which was carved out from production licence 301 in 2008. [mappress
South Africa: Durban Climate Change Conference Concluded
The United Nations Climate Change Conference has concluded its seventeenth session (COP 17/CMP 7) in Durban, South Africa, meeting from 28 November to the early hours of 11 December 2011. As anticipated, the Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFC
ABB Acquires Powercorp (Australia)
ABB, the leading power and automation technology group, announced that it has completed its acquisition of Powercorp. Powercorp’s portfolio includes automation and control technologies to manage the integration of renewable energy into isolated grids and keep generation in balance with consumption.
UK: FoundOcean Celebrates New Milestone
FoundOcean hit a milestone in its 45 year history in November, with a record number of personnel mobilised on offshore projects. “This is a very exciting and busy time for FoundOcean. The success of the company relies on the dedication and skill of our offshore personnel who provide our clients with
UK: FoundOcean Breaks Company Record with 44 Personal Mobilised
FoundOcean hit a milestone in its 45 year history in November, with a record number of personnel mobilised on offshore projects. “This is a very exciting and busy time for FoundOcean. The success of the company relies on the dedication and skill of our offshore personnel who provide our clients with
EDF Reconsiders on French Offshore Wind Tenders
Paris based EDF Energies Nouvelles gives up on bid to construct offshore wind farm at Le Treport. “We’ve taken this decision in order to concentrate on the four other zones,” said David Corchia, CEO of EDF Energies Nouvelles, reports Les Echos. In July French government launched €10 billion offshore
Sweden: Ocean Modules Selects IAR Systems Development Tools for Next Generation ROVs
IAR Systems, a leading provider of software tools for embedded systems, announced that its build and debug tool chain IAR Embedded Workbench has been selected by Ocean Modules, an ISO 9001:2008 certified manufacturer of remotely-operated vehicles (ROV), for the next generation underwater technology.
Swedish Ocean Modules Selects IAR Systems’ Solution for ROVs
IAR Systems, a provider of software tools for embedded systems, announced today that its build and debug tool chain IAR Embedded Workbench has been selected by Ocean Modules, an ISO 9001:2008 certified manufacturer of remotely-operated vehicles (ROV), for the next generation underwater technology. O
Heerema Fabrication Group to Build Jackets for Golden Eagle Project in UK
Heerema Fabrication Group (HFG) has been awarded the contract for the fabrication of two jackets for the Golden Eagle Development project of Nexen Petroleum UK Ltd. The contract consists of the fabrication of a 6,000 tons wellhead jacket and a 6,000 tons jacket for the PUQ (Production Utilities Quar
UK: HFG Inks Contract for Fabrication of Two Jackets for Golden Eagle Development Project
Heerema Fabrication Group (HFG) has been awarded the contract for the fabrication of two jackets for the Golden Eagle Development project of Nexen Petroleum UK Ltd. The contract consists of the fabrication of a 6,000 tons wellhead jacket and a 6,000 tons jacket for the PUQ (Production Utilities Quar
Germany: EUROGATE Bremerhaven Receives NYK Captain Eco Award 2011
NYK Line GmbH has conferred its NYK Captain Eco Award 2011 on the EUROGATE Container Terminal Bremerhaven. Thorsten Kröger, General Manager of NYK Line in Hamburg, and Torben Stecher, Environmental Facilitator of the Japanese shipping company, handed over the award on 12 December in Bremerhaven to E
Germany: ThyssenKrupp Marine Systems Sells Civil Shipbuilding Operation
On May 13, 2011 ThyssenKrupp AG decided on an integrated strategic development program to move the Group forward competitively and sustainably. It encompasses portfolio optimization, change management and performance enhancement. In connection with the portfolio optimization, the Group will be dives