Global-leading energy production technology services company Proserv has secured two major contract wins worth in excess of £6 million, underpinning the company’s fast-evolving international footprint. The multi-million pound deals with two of the North Sea’s most foremost oil and gas operators will
TGS reports net revenues of USD 215 million in Q2 2012, compared to USD 136 million in Q2 2011, a 58% increase. This is the highest quarterly revenues in the Company’s history. Investments were USD 162 million, up 162% from Q2 2011. 2nd QUARTER HIGHLIGHTS – Consolidated net revenues were USD 214.8 m
RCUK SSC Limited, on behalf of the British Geological Survey (BGS), announced tender for hydrographic services. BGS, a component Research Centre of the Natural Environment Research Council, has a requirement for a marine geophysical and geotechnical pre-rig move site survey in the Gulf of Mexico, ap
The last of the 111 transition pieces has now been installed on monopile no. 111 in Anholt Offshore Wind Farm. This means that all foundations for Anholt Offshore Wind Farm are in place, and DONG Energy is well on its way in the construction of Denmark’s largest offshore wind farm. The next step is
Oceana acknowledges the generous support of Villum Foundation, which has awarded a twelve month grant to support Oceana’s Baltic Sea recovery programme. The funds will support the international marine conservation organization efforts to expand the network of Marine Protected Areas (MPAs) in this se
Nord Stream conducts an extensive environmental and socio-economic monitoring programme in relation to the construction and operation of the natural gas pipeline in the Baltic Sea. Reports are published aligned to national legislations in each country through whose waters the pipeline passes. At the
Eni, the international oil and gas company, announces its group results for the second quarter and the first half of 2012 (unaudited). Financial Highlights: – Adjusted net profit: €3.94 billion for the first half (up 8%); €1.46 billion for the quarter (up 2%); – Net profit: €3.84 billion for the fir
Guernsey Electricity has announced an operating profit of £4.7m for the year up to March 31st 2012. But, managing director Alan Bates said that the company was facing very challenging times that will require significant investment. “We are very pleased to report to our shareholders that Guernsey Ele
Based on its recent analysis of the wave energy generation market, Frost & Sullivan recognizes Eco Wave Power with the 2012 European Frost & Sullivan Award for New Product Innovation for developing and implementing an all-round solution for effective energy harvesting from waves. “Driven by the ener
Island Offshore, leading suppliers of ship-borne marine services to the world offshore industry, has awarded Veripos a further three-year contract for continuing provision of precision GNSS positioning services for 16 DP vessels. This is in addition to another 6 due to begin service in the near futu
Four guidelines in a series being produced by the Well Life Cycle Practices Forum (WLCPF) have been published yesterday (31 July ) by Oil & Gas UK to improve cross industry understanding of well-related issues on the UK continental shelf. The guidelines have been developed to share current good indu
Siem Offshore announces that the sale and delivery of the Siem Swordfish was concluded on 31 July in line with the charterer’s purchase option that was exercised in December 2009. The gross sales proceeds is in the equivalent of USD 54 million. The proceeds will be used to repay bank debt and to str
IBERDROLA, through its UK subsidiary ScottishPower Renewables, has taken the first step towards construction of the Wikinger offshore wind farm in Germany, the largest project of its kind located at such depth (over 40 metres). It has awarded two contracts, worth €18 million, to British company Gard
The European Marine Energy Centre today (Tuesday, July 31) welcomed the UK’s Energy and Climate Change Minister Greg Barker to its world-leading facilities in Orkney as part of a governmental visit to the region. EMEC – the only accredited wave and tidal test centre for marine renewable energy in th
