Business & Finance
Azerbaijan: SOCAR Security Department Gets New Administrative Building
On August 8, new administrative building of SOCAR Security Department was opened on Nobel Prospect. The event was attended by SOCAR President Mr. Rovnag Abdullayev and Company representatives. Mr. Abdullayev was informed that the newly established department will employ 200 persons including the wor
UK: Chevron Awards RBG with QA/QC Inspection Contract
RBG, as a result of a bid exercise, has been awarded a three year contract to provide Chevron North Sea Limited with global QA/QC (quality assurance/quality control) inspection services. RBG have provided similar inspection services to Chevron since 2002. The contract involves the provision of both
Scotland: BAUER Installs Foundation for Tidal Energy Turbine at EMEC
In late July, BAUER Renewables Ltd., a subsidiary of BAUER Spezialtiefbau GmbH and part of the international construction and machinery manufacturing concern BAUER AG, successfully installed a drilled-in monopile foundation structure for a tidal energy turbine of the client Voith Hydro. This took pl
Scotland: BAUER Installs Foundation for Tidal Energy Turbine at EMEC
In late July, BAUER Renewables Ltd., a subsidiary of BAUER Spezialtiefbau GmbH and part of the international construction and machinery manufacturing concern BAUER AG, successfully installed a drilled-in monopile foundation structure for a tidal energy turbine of the client Voith Hydro. This took pl
Germany: nkt cables Bags EUR 95m Baltic 2 Subsea Contract
nkt cables has entered into a contract with 50Hertz Offshore GmbH at a value of around 750 mDKK (95 mEUR) for the offshore wind farm Baltic 2. For nkt cables, Baltic 2 will be another turnkey project which includes armoured high-voltage subsea cables, accessories and installation. The cables will be
Germany: nkt cables Bags EUR 95m Baltic 2 Subsea Contract
nkt cables has entered into a contract with 50Hertz Offshore GmbH at a value of around 750 mDKK (95 mEUR) for the offshore wind farm Baltic 2. For nkt cables, Baltic 2 will be another turnkey project which includes armoured high-voltage subsea cables, accessories and installation. The cables will be
UK: Ensco Announces Q2 Revenues of USD 564 Million
Ensco plc reported diluted earnings per share from continuing operations of $0.59 for second quarter 2011, compared to $0.85 per share in second quarter 2010. There were no discontinued operations in second quarter 2011. Earnings from discontinued operations in second quarter 2010 were $0.04 per sha
Tentec to Present Optimus 7 Subsea Tensioning Tools at Offshore Europe 2011 Exhibition in Aberdeen (UK)
Bolt tightening specialists, Tentec will be launching brand new products at Offshore Europe 2011 exhibition in Aberdeen, Scotland in September. Included will be Optimus 7 subsea tensioning tools. A return to Offshore Europe for Tentec, a specialist engineering company and market leader in design and
Sweden: Concordia Maritime Completes Upgrade
Concordia Maritime has now completed the upgrade of two of its P‐MAX tankers to chemical class III, so‐called IMO III classification. This means that the vessels are now also able to transport vegetable oils, in addition to refined petroleum products and crude oil. The vessels in question are the St
Wartsila Inaugurates New Services Workshop in Finland
Wärtsilä, a global leader in complete lifecycle power solutions and services, opens new workshop facilities in Helsinki, Finland. The new facilities enable Wärtsilä to offer a wide range of workshop services with rapid response times. Operations in Helsinki began in the beginning of August 2011. “Th
Singapore: Jurong Shipyard Delivers West Elara Jack-Up Rig to North Atlantic Drilling
North Atlantic Drilling Ltd., in which Seadrill has a 75 percent ownership, has taken delivery of the new harsh environment jack-up drilling rig, West Elara from Jurong Shipyard in Singapore. The rig is expected to depart Singapore on August 11th and arrive at Westcon Shipyard in Ølen, Norway in ear
Offshore Wind Farm Industry Defends Against ‘Heavy Subsidies’ Accusations (UK)
THE wind power industry has today hit back at claims that policies to encourage the development of renewable energy risk destroying tens of… By Craig Robinson (eadt) [mappress] Source: eadt, August 09, 2011;
Offshore Wind Farm Industry Defends Against ‘Heavy Subsidies’ Accusations (UK)
THE wind power industry has today hit back at claims that policies to encourage the development of renewable energy risk destroying tens of… By Craig Robinson (eadt) [mappress] Source: eadt, August 09, 2011;
Wartsila Opens New Workshop Facilities in Helsinki, Finland
Wärtsilä, a global leader in complete lifecycle power solutions and services, opens new workshop facilities in Helsinki, Finland. The new facilities enable Wärtsilä to offer a wide range of workshop services with rapid response times. Operations in Helsinki began in the beginning of August 2011. “Th