ABB reported higher orders and revenues in the first quarter of 2012, led by growth in North America. Operational EBITDA declined 7 percent compared to the same quarter a year earlier while net income was up 5 percent. Orders were 2 percent above the very high levels in the first quarter of 2011, dr
SeaZone Solutions, developer of the world’s leading Marine Vector Map product: HydroSpatial, has released the first in a new series of marine mapping layers to sit within the new HydroSpatial 2 Product Family. Resounding benefits include an enhanced data model, allowing for intuitive feature filteri
Nord Stream AG announces the successful completion of its complex international logistics programme. This award-winning green logistics concept enabled the most efficient and environmentally-sound way of supplying to the pipe-laying vessels the 200,000 24-tonne concrete weight coated (CWC) pipes nee
Red Spider, the Remote Open Close Technology specialist delivering major savings and reduced risk to the oil & gas industry, has announced completing 100 operations using its ground-breaking eRED tool. The work involving eRED has generated multi-million pound sales for Red Spider and has taken place
Kiewit-Kvaerner Contractors, the 50/50 joint venture between Peter Kiewit Infrastructure and Kvaerner, has been authorised by ExxonMobil Canada Properties (EMCP) to proceed with work on the Hebron Project gravity based structure (GBS) project in Newfoundland and Labrador, Canada. The authorisation f
AGR has appointed a new Vice President within their Reservoir Management division. Morten Heir, formerly Technical Director at Canamens Energy for 4 years, succeeds Atle Aamodt Andresen who will now head up AGR Energy – a newly established division focusing on the development and management of proje
Hydrodynamicists at Pelamis Wave Power have published a scientific paper that could have profound implications for the race to commercial production of wave energy converter machines, after proving the theoretical advantage of line absorbers over point absorbers. The paper entitled “Maximum wave-pow
On 27 March 2012, the Petroleum Safety Authority Norway (PSA) carried out an audit of Lundin Norway AS’ management of the Brynhild field development project, connected to subsea facilities and pipelines. The Brynhild field is being developed with a subsea facility with four wells that will be connec
The Bureau of Ocean Energy Management (BOEM) announced the next step in evaluating a proposed lease for testing marine hydrokinetic technology offshore Florida. The bureau is making available for public review and input an environmental assessment that considers the effects of issuing a lease for te
Recently PetroVietNam Technical Services Corporation (PTSC) organized Annual Shareholders’ Conference 2012 in Caravell Hotel, HoChi Minh City. PTSC had the honour of attendance of representatives from PetroVietNam’s leadership, esteemed partners and clients, especially the attendance of 312 represen
On Earth Day on Maui area students and teachers from Baldwin High School and Kihei Charter School deployed a… [mappress] Source: NOAA , April 25, 2012; Image: NOAA
SeaBird Exploration PLC has been awarded a contract in excess of USD 5.5 million in East Africa for the Northern Explorer by a Multi-Client company. The contract will commence in direct continuation of her current contract with Spectrum ASA, and has an estimated duration of 60 days with an optional
FMC Technologies, Inc. reported first quarter 2012 revenue of $1.4 billion, up 29 percent from the prior-year quarter. Diluted earnings per share were $0.41 compared to $0.35 in the prior-year quarter. Total inbound orders of $2.0 billion were up 50 percent from the prior-year quarter and included $
A model of MCT’s SeaGen tidal technology is one of a number of exhibits on display at the BIS Marine Industry showcase, which is taking place in London between 16th – 27th April. The Marine Industry Showcase is opportunity to highlight the industry sector’s contribution to the UK economy and the Gov
