The Statnett group reports a profit after tax of NOK 394 million for the first quarter of 2011, compared to a profit after tax of NOK 840 million for the same period in 2010. The Group’s total operating revenues for the first quarter of 2011 were NOK 1 652 million compared to NOK 2 270 […]
CGGVeritas has launched a new microseismic solution based on the deployment of advanced surface and shallow buried arrays to monitor hydraulic fracture stimulation. The unique CGGVeritas offering combines the expertise and tools of its reservoir services subsidiary, Hampson-Russell Software & Servic
In conjunction with carefully selected industry partners L&N have successfully designed an industry unique SubSea H.I.P.P.S. package for the Norwegian sector. Managing Director, Alastair Chalmers comments ‘Using our latest 3D AutoCad software our team have engineered a solution which not only meets,
Results for the 1st quarter 2011 Farstad Shipping achieved an operating income of NO K 801.0 million for the 1st quarter (NO K 730.5 million for the same period in 2010). The operating costs for the period were NO K 526.0 million (NO K 432.6 million). The operating profit (EBIT ) was NO K 142.8 [&he
Aker Solutions in the U.K. has strengthened its position as a global centre of excellence for the subsea sector with the appointment of a… (subseauk) [mappress] Source: subseauk, May 19, 2011
Innovative integration engineering company Sustainable Marine Technologies (SMT) reveals plans for PLAT-O, a major new project designed to help enable tidal and ocean current marine energy to become a commercial reality. The PLAT-O project will create a new common platform to carry a wide range of h
Aberdeen headquartered energy consultancy Xodus Group today announced that it will plan and carry out an environmental impact assessment (EIA) for Statoil for a potential pilot park for the world’s first full-scale floating wind turbine. Xodus made the announcement at the All Energy conference in Ab
Soviet warship sunken during WW2 was found on the seabed off Romania. This is Black Sea Fleet (BSF) destroyer Moskva which scuppering is… (rusnavy) [mappress] Source: rusnavy ,May 18, 2011;
Subsea UK is to offer a series of scholarships to increase the number of highly qualified subsea engineers in the industry. The industry body is investing in a scholarship programme which will enable successful candidates to study towards a post-graduate MSc in subsea engineering. Three full time an
In a groundbreaking move a tidal turbine is to be installed alongside the HQS WELLINGTON which is moored at Temple Steps in the heart of London. The former Royal Navy sloop, owned and operated by the WELLINGTON Trust, a maritime heritage and educational charity, is home to the Honourable Company of
The logistical challenge and its anticipated cost have galvanized designers, developers, and government-backed agencies to reset the thinking on subsea foundation design. But the task has by no means been easy. “With wind turbine sizes now scaling up to 5MW and beyond, the top-head mass is virtually
Today, eight builders and operators of German offshore wind farms have concluded a joint venture agreement under the umbrella of the German Offshore Wind Foundation. The aim is to research and develop the efficiency of various noise reduction methods in the construction of offshore wind farms. The f
ABP Marine Environmental Research Ltd (ABPmer) has been commissioned by the Alderney Commission for Renewable Energy (ACRE) to provide independent advice on the Environmental Statement relating to a current marine renewable energy development proposal in Alderney waters. The Alderney Commission for
GC Rieber Shipping is optimistic about the further development in 2011. “All the company’s vessels are now on relatively long contracts, which will contribute to solid and stable earnings going forward. In addition, we consider the outlook to be good in our market segments from 2012”, says CEO Irene
