Tidal Lagoon Power Limited is considering construction of a second lagoon in Colwyn Bay, HydroWorld reports. Tidal Lagoon is now determining the economic viability and environmental feasibility of the 1 GW project. According to Tidal Lagoon Power CEO Mark Shorrock, the tidal lagoons projects would be a great opportunity for Wales to lead tidal power [...]
May 15, 2013 | Posted in
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Global success for Saab Seaeye, the world’s largest electric underwater vehicle manufacturer, sees the company double the size of its operations. Planning for further growth, they have expanded into a second facility in Fareham, Hampshire, UK, within metres of their existing factory of the same size. Opening the new facility, Görgen Johansson, Head of Saab [...]
March 22, 2013 | Posted in
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Benin announced plans to install a second submarine broadband cable in order to increase Internet capacity, African Manager informs. The first phase worth around US$35 million will be funded through the credit from the International Development Association (IDA), repayable over 40 years with 10 years grace period. The funding agreement was signed in 2012 between [...]
January 22, 2013 | Posted in
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Leading corporations from oil and gas, shipping, fisheries, marine science, ocean technology and other sectors have committed sponsorship support for the second Sustainable Ocean Summit (SOS) organized by the World Ocean Council (WOC). Initial SOS 2013 sponsors include BP, Total, Battelle Memorial Institute, Heidmar Shipping, Louisbourg Seafoods, and SubCtech. “Advances in marine technology are creating [...]
American Samoa Hawaii Cable is considering installation of another submarine fiber cable to serve the country, the director of the company Adolfo Montenegro said. According to Radio New Zealand, Mr. Montenegro said that the cable would probably connect in Fiji. The system would be set up for 10-40 gigabytes per second but may be designed [...]
October 16, 2012 | Posted in
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A festive ceremony dedicated to commissioning the second string of the Nord Stream gas pipeline took place in the Portovaya Bay, the Baltic coast of Russia. Taking part in the ceremony were Sergey Ivanov, Head of the Russian Presidential Administration, Alexander Novak, Energy Minister of the Russian Federation, Alexey Miller, Chairman of the Gazprom Management [...]
October 9, 2012 | Posted in
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Subsea 7 S.A. announced results for the second quarter and first half 2012 which ended on 30 June 2012. Unless otherwise stated, the comparative period is the three and seven months ended 30 June 2011 for Subsea 7 S.A. and the results of Subsea 7 Inc. following the date of combination. Jean Cahuzac, Chief Executive [...]
August 9, 2012 | Posted in
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Lundin Petroleum AB (Lundin Petroleum) announces that it has commenced the second well in its 2012 Malaysian drilling campaign with the spud of Berangan 1 exploration well in SB303 Block, offshore Sabah, Malaysia. The well will target hydrocarbons in mid-Miocene aged sands in a faulted anticline in an undrilled sub-basin 10 km to the southeast [...]
August 7, 2012 | Posted in
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Stone Energy Corporation announced financial and operational results for the second quarter of 2012 and provided updated guidance. Some of the highlights include: – Produced 40.5 MBoe (243 MMcfe) per day during the second quarter of 2012, which represents a 4% increase when compared to the second quarter of 2011. The volumes were impacted by [...]
August 3, 2012 | Posted in
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Nautilus Minerals Inc. announces the release of its unaudited consolidated financial results for the second quarter ended June 30, 2012 together with Management’s Discussion and Analysis. Q2 2012 Significant Events: – Bismarck Exploration Program completed – Signed landmark offtake agreement for Solwara 1 – Listed on OTCQX – Dispute process and arbitration with the State [...]
