Business & Finance
USA: Falcon ROV Helps AUS in Conducting Underwater Works
Fears that Las Vegas could run dry are allayed with news that a connection to a new reliable water source is on schedule with a key phase finished this March. Years of drought have halved the capacity of the lake supplying the desert city, with the threat that the water level could fall below the [&
Norway: Seadrill Bullish on Outlook for Drilling Services
Seadrill, one of the largest drilling contractors in the world reported consolidated revenues for the first quarter of 2012 of US$1,050 million as compared to US$1,059 million in the fourth quarter 2011. The company, that boasts with a versatile fleet of 63 units that comprises drillships, jack-up r
J+S Demonstrates Its Capabilities at DSA 2012 in Kuala Lumpur (Malaysia)
Barnstaple and Aberdeen based engineering firm J+S recently returned from exhibiting at the biennial Defence Security Association exhibition in Kuala Lumpur, Malaysia. This is the second time J+S have demonstrated their capabilities in the Far East following their successful attendance at Oil & Gas
Oman: OCL Announces Inclusion of Port Sultan Qaboos in Its GEX Service
Oman Container Lines Inc. (OCL) announces the inclusion of a Port Sultan Qaboos in the Company’s Gulf Express Service (GEX). On 29th April, the Company introduced largerand faster tonnage on its fixed day weekly Liner service connecting Salalah and Jebel Ali, with the ALTONIA (1,730 TEU capacity). 3
Atlantic Offshore Orders PSV from Simek (Norway)
Simek yard in Flekkefjord has been commissioned to deliver a PSV for Atlantic Offshore. The new vessel, which will be delivered in April 2013, ensures continued employment of up to 60 employees at the yard. Atlantic Offshore operates 26 vessels and large parts of the business is related to the North
UK: Nexans Supplies Submarine Cables for West of Duddon Sands Wind Farm
Dong Energy, Fredericia (Denmark) and Nexans Deutschland have signed a contract for the delivery and installation of medium-voltage submarine cables for the West of Duddon Sands wind farm. The order for the wind farm located 15 kilometres west of Walney Island comprises 122 kilometres of submarine c
Norway: Statnett Releases First Quarter Results
The Statnett Group reports profit after tax of NOK 265 million for the first quarter of 2012. The corresponding figure for the same period in 2011 was NOK 394 million. The reduction was due to downward adjustment of tariffs for 2012 and lower congestion revenues in the period. In the first quarter o
Australia: APPEA Highlights Need for Spill-Response System
Building on the Australian oil and gas industry’s capacity to rapidly respond to an offshore well incident, the industry’s leaders announced funding of a world-class subsea response solution to be in place by early 2013. The announcement, at the annual Australian Petroleum Production & Exploration A
USS Underwood Rescues Six Peruvian Fishermen Drifting in Disabled Vessel
Sailors assigned to the Oliver Hazard Perry-class frigate USS Underwood (FFG 36) rescued six Peruvian fishermen drifting in a disabled vessel off the coast of Peru, May 10. The fishermen were isolated at sea for ten days after developing mechanical problems with their vessel. They were unable to rad
UAE: Drydocks World and Maritime World Implements New Initiatives
Drydocks World and Maritime World has implemented several new initiatives and deployed new highly advanced environmental friendly technologies. Drydocks World and Maritime World has today embarked on a ‘ZERO HARM’ health, safety and environmental initiative which envisages ZERO fatalities, ZERO inju
Turkey: ADIK Shipyard Launches Eight LCT Vessel
The Eight vessel of the LCT (Landing Craft Tank) Project undertaken by ANADOLU (ADIK) Shipyard on the Contract signed with SSM in 2009 (Turkish Undersecretariat of Defense Industries) NB 230 / Ç-158 was succesfully launched on May 11th 2012. ANADOLU Shgipyard has delivered the First vessel of the pr
USA: MBARI Engineer Works on Wave Energy Production System
MBARI engineer Andy Hamilton looks out his office window in Moss Landing and points at the waves crashing on the beach below. “Pretty impressive, aren’t they? You’d think there’d be a way to make use of all that energy.” Since 2009, Hamilton has led a team of engineers trying to do just that. Their
Cyprus: Songa Offshore – Fleet Status Update for April
Songa Offshore has provided its fleet status update for April 2012: Songa Venus achieved an operating efficiency of 100% during the month. The rig continues to operate for Petronas Carigali in Malaysia. Songa Mercur achieved an operating efficiency of 100% during the month. The rig continued to oper
Satlantic Representatives Discuss Research Applications Across the Globe
In 2012, Satlantic is making a concerted effort to develop a broader understanding of user requirements across international markets. Satlantic representatives have been very busy traveling to several international regions including China, India, Brazil, UK and Germany, meeting with scientists and t