Business & Finance
DSME Orders Electric-driven Winch Systems from TTS Marine in Bremen, Germany
Through its subsidiary TTS Marine GmbH in Bremen, TTS Group ASA has signed contracts worth approximately 205m NOK. The contracts are subject to owner’s approval. The delivery concern electric-driven winch systems for 20 container carriers at Daewoo Shipbuilding & Marine Engineering Co., Ltd in South
Spectrum Commences New 2D Multi-Client Seismic Survey Offshore Brazil
Spectrum is set to commence acquisition of a new 2D Multi-Client seismic survey in early November 2011 which covers several areas in the northern equatorial margin offshore Brasil. The survey area includes sector blocks expected to be announced in the 11th license round in the second quarter of 2012
EnBW Closes Third Quarter with Revenue up to EUR 13,76 Million (Germany)
EnBW Energie Baden-Württemberg AG closed its third quarter of the current fiscal year 2011 with 6.4% and 13.5% higher unit sales of electricity and gas, respectively. Compared to the prior year, electricity sales thus increased to 116.9 billion kilowatt-hours and gas sales to 42.8 billion kilowatt-h
Spectrum to Start Seismic Survey Offshore Brazil
Spectrum is set to commence acquisition of a new 2D Multi-Client seismic survey in early November 2011 which covers several areas in the northern equatorial margin offshore Brasil. The survey area includes sector blocks expected to be announced in the 11th license round in the second quarter of 2012
USA: Hope Services Shipyard Hands Over Vessel MV Orange
The M/V Orange was delivered to Higman Barge Lines, of Houston, Texas, yesterday. The 78’x34’ vessel left Hope Services Shipyard’s facility en route to Channelview, Texas, where it will pick up its first tow. The 78’x34’ vessel is the fourth vessel in this class size that Hope Services has built for
USA: BSEE Issues Safety Alert on Macondo Well Blowout
The Bureau of Safety and Environmental Enforcement (BSEE) issued a Safety Alert relating to the Macondo well blowout. The Safety Alert was distributed to oil and gas leaseholders and contractors working on the Outer Continental Shelf (OCS). It briefly summarizes the findings of the Joint Investigati
USA: IAS Unveils New Collaborative Solution
IAS® has unveiled a new generation of cloud technology to address the complexities associated with planning, pricing, booking and executing inland container haulage. Developed as an extension to the industry-leading IAS DispatchManager, a web solution that automates the container haulage work order
Norway: Bergen Group Wins Rig Yard Stay Contract from Prosafe
Bergen Group Hanøytangen is awarded contract for a one-week yard stay for the accommodation rig Safe Caledonia. The yard stay will take place in Q4 this year, and represents the fourth rig project for Bergen Group Hanøytangen in the 2nd half of 2011. During the yard stay that includes some modificat
Taewoong Goes up After Offshore Wind Announcement (South Korea)
Taewoong Co., a maker of parts for wind-power plants, rose as much as 15 percent in Seoul trading after South Korea’s energy ministry said… By Saeromi Shin (bloomberg) [mappress] Source: bloomberg, November 11, 2011
Sinopec to Buy Galp’s Offshore Asset in Brazil for USD 3.5 Billion
Chinese state-owned oil company Sinopec Group said on Friday it had agreed to pay $3.54 billion to Portuguese oil firm Galp Energia for a… By Judy Hua, Wan Xu and Ken Wills (Reuters) [mappress] Source: Reuters, November 11, 2011
Statnett Announces Results for Third Quarter 2011 (Norway)
The Group reported a profit after tax of NOK 254 million in the third quarter of 2011 compared to NOK 344 million in the same period of 2010. The Group’s profit after tax for the first three quarters of 2011 was NOK 774 million. The corresponding figure for 2010 was NOK 1 630 million. The […]
Gamesa Reports 20 pct Growth in Net Profit (Spain)
Gamesa continued to expand profitably during the first nine months of 2011, throughout which it continued to focus on strengthening expansion abroad, efficient management and cost control, launching new products, and maintaining the pace of activity in all business areas, with results in line with 2
USA: BSEE Issues Safety Alert Related to Macondo Blowout
The Bureau of Safety and Environmental Enforcement (BSEE) yesterday issued a Safety Alert relating to the Macondo well blowout. The Safety Alert was distributed to oil and gas leaseholders and contractors working on the Outer Continental Shelf (OCS). It briefly summarizes the findings of the Joint I
Brazil: Oil Leak Unrelated to Frade’s Production, Chevron Says
An oil leak near Chevron’s Frade field off Brazil’s coast, which had temporarily halted work there, is from a natural seep on the seabed… (Reuters) [mappress] Source: Reuters, November 11, 2011