As announced last November, E.ON intends to use part of the proceeds from the sale of operations to reduce its group debt. In this regard, E.ON made a two-step offer to bondholders on 24 January to repurchase several bonds with a total nominal value of approx. € 7billion. The two-week term for the o
The owners of a General Cargo vessel consulted FN Diving regarding heavy vibrations of the propeller. FN team attended the vessel for an underwater inspection while offloading in Rotterdam port. The underwater inspection revealed 2 damaged propeller blades due to ice damage on a 5200MM Propeller. In
The State Oil Company of Azerbaijan has completed drilling new well No 57 on Guneshli offshore field. By Rufat Abbasov (News.az) [mappress] Source:News.az, February 8, 2011;
Nexans, worldwide expert in the cable industry, has been awarded a contract by Subsea 7*, for the design, engineering and manufacture of a total length of 143km of static subsea electro-hydraulic control umbilicals for the Laggan-Tormore gas field development, 125km West of the Shetland Islands in t
Denmark wants to build a tunnel under the Fehmarn Belt, the 18-kilometer strait between Germany and Denmark, at a cost of over 5 billion eur… [mappress] Source: spiegel, February 8, 2011;
* Gamesa aims to install two anchored and two floating turbines at the experimental offshore wind laboratory off the coast of Tarragona, Spain * The project marks further progress in the company’s offshore strategy, as Gamesa designs and develops two families of 5 MW and 6 MW-7 MW turbines Gamesa, a
Hamburg – Deep sea mining companies will bear unlimited liability for any ecological damage they cause in international waters, a panel of 11 UN judges ruled Tuesday in Hamburg… [mappress] Source: earthtimes, February 8, 2011;
BG Group today reported its 2010 Fourth Quarter and Full Year Results. Full Year Highlights * Business Performance earnings per share up 18% * Strong cash flow from operations of $8.4 billion * Full year dividend increased by 10% to 21.60 cents per share (13.66 pence per share) * Excellent progress
The new Imenco Shark Range will be launching at exhibitions in Europe, North America and Asia in spring 2011. First out is the Subsea UK in Aberdeen February 9-10th. All of Imenco Subsea Cameras have been reviewed and optimized and as a tribute to the different sharks around the world they have been
CompositesWorld, publisher of High-Performance Composites and Composites Technology magazines, has announced that the agenda has been … (compositesworld) [mappress] Source: compositesworld, February 08, 2011
CompositesWorld, publisher of High-Performance Composites and Composites Technology magazines, has announced that the agenda has been … (compositesworld) [mappress] Source: compositesworld, February 08, 2011
Today, the world’s biggest submarine pipeline plough, PL3, arrived in the Baltic Sea on the deck of mother ship Far Samson. The subsea plough will be used to entrench the Nord Stream Pipeline in Swedish and Danish waters. Lowering of the pipeline below seabed level using PL3 ensures that the pipelin
British Waterways is now two weeks into a £250,000 dredging scheme on the Kennet & Avon Canal. The project will see sections of the banks of… (waterscape) [mappress] Source: waterscape, February 8, 2011;
The government has set its sights on 33 gigawatts (GW) of energy capacity from offshore wind power by 2020. Government policy in this… (internationallawoffice) [mappress] Source: internationallawoffice, February 08, 2011