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Business & Finance

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Green MarineFossil EnergySubseaOperations & MaintenanceResearch & DevelopmentShipbuildingOffshore WindEquipment
UK: ETI Commissions Development of 90 m Long Wind Turbine Blades
Business & Finance

UK: ETI Commissions Development of 90 m Long Wind Turbine Blades

A project to develop long high-performance blades for the next generation of large offshore wind turbines has been commissioned by the Energy Technologies Institute (ETI). Developers will be asked to design, build and test blades in excess of 90 metres long – each blade will be nearly the same heigh

about 15 years ago
Coastal Energy Makes Another Discovery at Bua Ban North Field, Offshore Thailand
Business & Finance

Coastal Energy Makes Another Discovery at Bua Ban North Field, Offshore Thailand

Coastal Energy Company announces the successful results of the Bua Ban North B-03 exploration well. The Bua Ban North B-03 well was drilled to 4,420 feet TVD and encountered 48 feet of net pay in the Miocene objective with average porosity and water saturations of 28% and 33%, respectively. The wate

about 15 years ago
Neptune Marine Delivers on Key Elements of Operational Restructure (Australia)
Business & Finance

Neptune Marine Delivers on Key Elements of Operational Restructure (Australia)

Neptune Marine Services Limited confirms it has delivered on key elements of its operational restructure, including finalising $9.5 million in annual cost savings, progress in the non-core asset sale program, and confirming the board succession plan. Neptune reports that its underlying operations re

about 15 years ago
Sete Brasil S.A. Set Up to Build Deepwater Rigs for Petrobras
Business & Finance

Sete Brasil S.A. Set Up to Build Deepwater Rigs for Petrobras

Sete Brasil S.A. (Sete BR) was formally set up last Friday, May 13, in São Paulo. In partnership with Estaleiro Atlântico Sul (EAS) shipyard, it will take on the contract for the construction of seven offshore drilling rigs, the first ever built in Brazil, intended to meet the needs of Petrobras’ lo

about 15 years ago
Christian Buchel Leaves EnBW of his Own Volition (Germany)
Business & Finance

Christian Buchel Leaves EnBW of his Own Volition (Germany)

Christian Buchel, member of the Board of Management and Chief Operating Officer of EnBW Energie Baden-Württemberg AG, is leaving the company of his own volition as of 31 May 2011. Christian Buchel will take on a new task at Electricité de France (EDF). As Chief Operating Officer, Christian Buchel wa

about 15 years ago
Brazil: Wilson, Sons Launches USD 1.8 Billion Ports Investment Plan
Business & Finance

Brazil: Wilson, Sons Launches USD 1.8 Billion Ports Investment Plan

Brazilian port logistics company Wilson, Sons has launched a US$1.8bn investment plan to improve its port, logistics and maritime infrastructure… By Haley Moncrief (bnamericas) [mappress] Source: bnamericas, May 17, 2011

about 15 years ago
South Korea: Hamworthy Wins Contract from HHI to Supply IGS for Goliat FPSO
Business & Finance

South Korea: Hamworthy Wins Contract from HHI to Supply IGS for Goliat FPSO

Hamworthy has won a major contract from Hyundai Heavy Industries (HHI) to supply a complete inert gas generator system, as part of the shipbuilder’s latest Floating Production Storage and Offloading (FPSO) newbuild contract. The contract calls for delivery of a fully assembled inert gas system (IGS)

about 15 years ago
Sete Brasil S.A. Set Up to Build Deepwater Rigs for Petrobras
Business & Finance

Sete Brasil S.A. Set Up to Build Deepwater Rigs for Petrobras

Sete Brasil S.A. (Sete BR) was formally set up last Friday, May 13, in São Paulo. In partnership with Estaleiro Atlântico Sul (EAS) shipyard, it will take on the contract for the construction of seven offshore drilling rigs, the first ever built in Brazil, intended to meet the needs of Petrobras’ lo

about 15 years ago
Wellube Successfully Completes Subsea Hot Tapping Project in South China Sea
Business & Finance

Wellube Successfully Completes Subsea Hot Tapping Project in South China Sea

Wellube has just successfully completed another subsea hot tapping project. This time, it was a 12” Class 900 subsea hot tap in the South China Sea. Located in Block 11/05 in Bohai Bay, the client wanted a 12”’ branch connection from the existing 14” sour gas pipeline which was at a depth of 40 mete

about 15 years ago
Israel: Noble Completes Leviathan #2 Well Drilling. Finds No Hydrocarbons
Business & Finance

Israel: Noble Completes Leviathan #2 Well Drilling. Finds No Hydrocarbons

Noble Energy, Inc. announced today that it has ended drilling operations at the Leviathan #2 appraisal well location, offshore Israel. During the drilling process, the Company identified water flowing to the sea floor from the wellbore. The source is a water sand that flowed behind the surface casin

about 15 years ago
Caley Ocean Systems Delivers New Mobile Turntable to Mooring Systems (UK)
Business & Finance

Caley Ocean Systems Delivers New Mobile Turntable to Mooring Systems (UK)

Offshore handling equipment specialist, Caley Ocean Systems Ltd has designed and built what is believed to be the most adaptable offshore… (subseauk) [mappress] Source: subseauk ,May 16, 2011;

about 15 years ago
Vince Cable Urged to Think Small Regarding Green Investment Bank Funds (UK)
Business & Finance

Vince Cable Urged to Think Small Regarding Green Investment Bank Funds (UK)

THE Co-operative Bank and accountancy firm Grant Thornton have written to business secretary Vince Cable, urging him to divert some funds… By Nathalie Thomas (scotsman) [mappress] Source: scotsman, May 16, 2011;

about 15 years ago
Stork Technical Services Announces Acquisition of RBG Limited (The Netherlands)
Business & Finance

Stork Technical Services Announces Acquisition of RBG Limited (The Netherlands)

Stork Technical Services and Arle announced the acquisition of RBG Limited, the UK based supplier of inspect, assess and repair services to the global energy industry. RBG Limited, which in 2010 had revenues of c.£300m, has been acquired as a strategic addition to Stork Technical Services Holding B.

about 15 years ago
China Ming Yang Revenue Rose by 38 pct
Business & Finance

China Ming Yang Revenue Rose by 38 pct

China Ming Yang Wind Power Group said Tuesday that it increased first quarter profits and revenues as the company benefited from… By Deborah Sterescu (proactiveinvestors) [mappress] Source: proactiveinvestors, May 16, 2011;

about 15 years ago
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