More than 600,000 electric customers in Michigan and Illinois lost power at the height of storms that brought heavy winds and lightning, ripping up trees, downing power lines and leaving at least two people dead, officials said on Saturday…
France's Areva said on Saturday it sealed a contract worth around 300 million euros with South African utility Eskom to replace steam generators at the Koeberg nuclear power plant, near Cape Town.Areva will design, manufacture and install…
The world-leading Finnish wave energy technology developer AW-Energy has taken another major step towards commercialising its WaveRoller™ technology. In mid-August the company signed a Framework Agreement with the independent certification organisation Lloyd’s Register Energy…
Hiab, part of Cargotec, helps companies achieve maximum performance out of every pickup and delivery with its MULTILIFT hooklifts. In May 2014, the second MULTILIFT XR26Z was delivered to Haulaway in Australia. The Victorian waste and…
BP Plc was found 'grossly negligent' on Thursday by a federal judge in connection with its role in the 2010 Gulf of Mexico oil spill. The decision by U.S. District Judge Carl Barbier in New Orleans, who oversees litigation related to the disaster…
Oil major BP said on Thursday it will appeal a U.S. court decision that found it grossly negligent with respect to the Gulf of Mexico 2010 oil spill and added the court will hold additional proceedings due to begin next January.BP said it…
North Sea decommissioning will undoubtedly have an impact upon operators and suppliers alike. What is not so widely understood is the sheer scale of opportunity that will arise from the decommissioning phase, and how companies can plan to make the most of those opportunities as they arise…
Time of bunkering process significantly reduced providing savings of thousands of dollars per day.OW Bunker has announced significant efficiency benefits following the commencement of distributing fuel oil with an MPA-approved (Maritime…
Harsema-Mensonides Takes New Role at BraemarBraemar Engineering announced the appointment of Alex Harsema-Mensonides as Director of Marine Business Development, effective from September 1, 2014.Harsema-Mensonides joins Braemar Engineering with a wealth of experience…
Bureau Veritas announced today that it has acquired MatthewsDaniel Ltd, a global provider of loss adjusting and risk assessment services for the offshore industry.Created in Houston, Texas, in 1962, MatthewsDaniel is headquartered in London and has operations in Europe…
Robert “Bob” “Sonny” Fogal, Jr., one of the icons in the offshore oil and gas industry, has decided to retire from front-line work as Zentech’s Director of Business Development. Zentech’s President Ramesh Maini noted on August 28, “All the…
Halliburton Co said it reached a $1.1 billion settlement for a majority of claims against the company for its role in the BP oil spill in the Gulf of Mexico in 2010.The settlement, which includes legal fees, is subject to approval by the U…
This year’s SMM in Hamburg will see VIKING release more innovations than at any other point in its 50-year history, including new developments in PPE clothing, safety equipment outsourcing, onboard training solutions, and evacuation systems…
Finland's top utility, state-controlled Fortum, on Monday said it has acquired a 14 percent stake in Finnish wave energy developer Wello.Wello has developed a floating vessel that captures energy from waves and converts it into electrical power with a generator…
ABB is celebrating today its 125th anniversary in Finland. Founded in 1889 in Helsinki by entrepreneur and inventor Gottfrid Strömberg, ABB Finland is today an innovative automation and power technology company with more than 5,000 employees in 30 locations…