Business & Finance
Germany: PNE Wind Ends 2011 with Stable Results
The wind farm project developer, PNE WIND AG confirms its EBIT forecast and again proposes a dividend payment amounting to EUR 0.04 per share. In the previous financial year, the company recorded a positive result at corporate level (EBIT) amounting to EUR 0.1 million (prior year: EUR 9.5 million).
Germany: PNE Wind Ends 2011 with Stable Results
The wind farm project developer, PNE WIND AG confirms its EBIT forecast and again proposes a dividend payment amounting to EUR 0.04 per share. In the previous financial year, the company recorded a positive result at corporate level (EBIT) amounting to EUR 0.1 million (prior year: EUR 9.5 million).
The Netherlands: Dredge Yard Launches Dredge Turning Gland
Dredge Yard, a company dedicated to the market of dredge equipment and dredging technology, has announced the launch of the dredge turning gland. Dredge turning gland is a TSHD component that is attached to the lower suction pipe allowing a radial rotation in both directions. Due to this feature the
CETO 4 Unit Awaits Deployment on Reunion Island in Indian Ocean
Wave energy developer, Carnegie Wave Energy Limited, advises that the CETO 4 unit is awaiting deployment on Reunion Island in the Indian Ocean. The deployment has been delayed and is now awaiting the necessary weather window to ensure a safe installation. Carnegie will provide a further update after
InterMoor Completes Falkland Islands Job for AGR
InterMoor, an Acteon company, has completed a 27-month contract for AGR on their multi-client exploration drilling project off the Falkland Islands. The campaign kicked off early 2010 with the mobilization of Diamond Drilling’s Ocean Guardian semisubmersible from Invergordon, UK, and the 164-day rou
USA: ABS – Research Program on Ships and Offshore Structures in Harsh Environments
Newfoundland and Labrador’s knowledge and technological capacity for ships and offshore structures operating in harsh ocean environments is about to be strengthened with the launch of a research program at Memorial University’s Faculty of Engineering and Applied Science. The Research & Development C
InterMoor Completes Contract with AGR Offshore Falkland Islands
InterMoor, an Acteon company, has completed a 27-month contract for AGR on their multi-client exploration drilling project off the Falkland Islands. The campaign kicked off early 2010 with the mobilization of Diamond Drilling’s Ocean Guardian semisubmersible from Invergordon, UK, and the 164-day rou
USA: Eight Firms Plan to Develop Wind Farms Offshore Virginia
As reported by the Associated Press, the potential of the project, aimed at developing wind turbines in the U.S., situated off the Virginia cost and encompassing circa 113,000 acres in the Atlantic Ocean, has been recognized by numerous investors including European ones. The federal Bureau of Ocean
Norway: PSA Grants Drilling AoC for Rowan Stavanger Rig
On 27 March 2012, the Petroleum Safety Authority Norway (PSA) granted Rowan Drilling Norway AS an Acknowledgement of Compliance (AoC) for the jack-up drilling rig Rowan Stavanger. Rowan Stavanger has had an AoC as a living quarters facility since June 2011. This AoC has now been expanded to include
Singapore: Kreuz Subsea Marine Announces Acquisition of DSV Vessel
Kreuz Holdings Limited announces that its subsidiary, Kreuz Subsea Marine Pte Ltd (KSM), has on 30 March 2012 entered into a sale agreement with an unrelated third party to purchase a vessel. The Vessel is a dynamically positioned construction class diving support vessel for flexible installation an
Australia: Tap Updates on Tallaganda Drilling Progress
Tap Oil Limited provides the following update on the Tallaganda-1 exploration well in permit WA-351-P offshore Carnarvon Basin, Western Australia. The Tallaganda-1 well is located within permit WA-351-P, of the Carnarvon Basin, Western Australia. The well is being drilled in 1,141 metres of water an
Singapore Based APL on Course to Cut Key Carbon Emission on Its New Vessels
Container carrier APL said today it’s on course to reduce a key carbon exhaust measure 30% by 2015 from its global shipping operations. The Singapore-based line said an influx of new vessels, running at reduced speed, puts the target within reach. By 2015, APL said its fleet will produce 130 grams o
Anadarko Successful at Barquentine-4 Well, Offshore Mozambique
Anadarko Petroleum Corporation today announced that with the success of its Barquentine-4 appraisal well, the partnership has completed the drilling portion of its planned appraisal program in the discovery area offshore Mozambique. The Barquentine-4 well, located in Offshore Area 1 of the Rovuma Ba
Hydroid Ships Four REMUS 100 AUVs to Japanese Ministry of Defense
Hydroid, Inc., a subsidiary of Kongsberg Maritime and the leading manufacturer of Autonomous Underwater Vehicles (AUVs), today announced that it has shipped four REMUS 100 systems to the Japanese Ministry of Defense (MOD). The AUVs will be used for mine countermeasure operations as well as investiga