Business & Finance
Rickmers-Linie Appoints New Representatives in France, Bangladesh and Sri Lanka
Rickmers-Linie, the Hamburg based operator of heavy lift and project liner services, is now actively serving Bangladesh and Sri Lanka with direct calls in Chittagong and Colombo respectively. It has therefore appointed new agents in these two countries. In addition, a new agency has been selected in
BGP Conducts Seismic Survey Offshore Madagascar
Recently BGP signed a contract for a Multi Client 2D & 3D offshore seismic survey with the Office of National Mines and Strategic Industries of Madagascar (“OMNIS”). With this Contract, BGP will acquire, process, market and license the seismic as well as gravity & magnetic data in Morondava basin of
USA: ABS Strengthens Executive Management Team
In response to its continued global expansion, leading international classification society ABS has strengthened its executive leadership team with the election of Tony Nassif as Executive Vice President and Chief Operating Officer of the society. The election was made by the ABS Board of Directors
Norway: Age Landro Returns to AGR as EVP of Strategy & Integration
Former EVP of AGR Field Operations Åge Landro returns to AGR as EVP of Strategy & Integration. Landro moved to Oceaneering in December 2011 when AGR Field Operations was sold from AGR to Oceaneering. Landro will rejoin AGR’s Leadership to help grow the firm across all key markets. He said: “After le
Germany Could Increase EUR 5 Billion Offshore Wind Program
The German government is negotiating increase of financial support for the grid operators that are working on connections, reported Bloomberg. The negotiations are a part of an effort to fight delays in connecting turbines to the power grid. As a result, the state may increase a program worth EUR 5
Germany Could Increase EUR 5 Billion Offshore Wind Program
The German government is negotiating increase of financial support for the grid operators that are working on connections, reported Bloomberg. The negotiations are a part of an effort to fight delays in connecting turbines to the power grid. As a result, the state may increase a program worth EUR 5
France: AREVA Announces Q1 Revenues Up by 2.4 pct
AREVA generated consolidated revenue of 2.026 billion euros in the first quarter of 2012, up 2.4% (+1.3% like for like) compared with the same period in 2011. The increase in revenue in the Mining Business Group (+11.9% reported, +6.5% like for like), the Reactors & Services Business Group (+5.8% re
Australia: Port of Melbourne Expansion to Boost Regional Producers
Regional producers are set to be major beneficiaries of the $1.2 billion expansion of the Port of Melbourne announced by Premier Ted Baillieu and Minister for Ports Denis Napthine on Tuesday. Dr Napthine said the construction of a new container terminal at Webb Dock and the expansion of the existing
USA: Noble Energy Reports Record Sales Volume in 1Q
“The first quarter confirmed the strong growth we have been projecting for this year.” Charles D. Davidson, Noble Energy’s Chairman and CEO
USA: Lankhorst Ropes to Launch HMPE Ropes at OTC 2012
Deepwater mooring rope specialist, Lankhorst Ropes Offshore Division is announcing a new improved creep HMPE mooring rope made with Dyneema® for a new generation of permanent deepwater moorings beyond 2,000m water depth, on booth 1353 at OTC 2012. The Lankhorst booth will also feature the latest dev
OTC 2012: Lankhorst Ropes Showcases New HMPE Mooring Rope
Deepwater mooring rope specialist, Lankhorst Ropes Offshore Division is announcing a new improved creep HMPE mooring rope made with Dyneema® for a new generation of permanent deepwater moorings beyond 2,000m water depth, on booth 1353 at OTC 2012. The Lankhorst booth will also feature the latest dev
USA: Forum Reports 79 Pct Revenue Growth Over Prior Year Quarter
Forum Energy Technologies, Inc. reported first quarter 2012 revenue of $363.5 million, up 79 percent over first quarter 2011 revenue of $203.1 million. Net income for the first quarter 2012 was $42.5 million, compared to first quarter 2011 net income of $12.4 million. Diluted earnings per share for
Italy: RINA to Help Shipowners Save Fuel and Reduce Emissions
International classification society RINA has launched a co-ordinated range of services to help shipowners save fuel and reduce emissions. There are seven different elements to the services which can be adopted individually or as a complete package. The seven services are: auditing to ISO14001 Envir
USA: Global Diving & Salvage Acquires Saab Seaeye Falcon ROV
Global Diving & Salvage, Inc. announces the acquisition of a Saab Seaeye Falcon ROV, adding substantial capacity to their existing fleet of underwater vehicles. The Falcon, depth rated to 1000 feet, will be fully outfitted with manipulator, high resolution color and black and white cameras, fast sca