Various news outlets are reporting that BP’s top kill effort to plug a leaking well in the Gulf of Mexico appears have stopped the flow of oil and gas and ’stabilized the wellhead.’
BP`s top kill effort to stop oil flow
Oceaneering Completes Acquisition of Blue Ocean Technologies, Expanding Subsea Services into Riserless Light Well Intervention
Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announced today that it has acquired the assets of Blue Ocean Technologies, LLC (“Blue Ocean”), a privately held provider of riserless light well intervention (“RLWI”) services, for approximately $30 million in cash. Included in the acquisition are three RLWI systems, two of which are currently under construction, and are expected to be fully functional by mid-2017. Oceaneering expects to invest approximately $10...
Two strong partners increase their cooperation
After the first joint project last year, solar pioneers SOLARWATT from Dresden once again decided upon Hirschmann Renewable Energy as the right supplier for its premium product series. SOLARWATTranks among the leading German manufacturers of photovoltaic solutions and storage systems for the private and commercial sectors, and has been present on the German market for over 20 years. After the first successful collaboration in 2015, SOLARWATTrecently decided to equip its premium product line, the durable and...
“Road to Logistics” Launched at Microlise Transport Conference to Help Plug Driver Shortfall
A new not-for-profit organisation called Road to Logistics has been formed with the aim of addressing the professional driver shortfall, whilst supporting those in society who may need a helping hand. The organisation, launched today at the Microlise Transport Conference, is a close collaboration between Microlise Executive Director Bob Harbey and Road Haulage Association (RHA) Chief Executive Richard Burnett. Additional support will be provided by Care after Combat, the charity chaired by Jim Davidson OBE. Road...
BMW promotes innovative electric plug-in hybrid vehicles at SETA 2016
BMW, the world’s leading premium manufacturer of automobiles and motorcycles, emphasizes its commitment to ecological and social sustainability as it will participate in the Sustainable Energy & Technology Asia 2016 exhibition and conference, or SETA 2016, on March 23-25 in Bangkok.According to a message from Mr. Matthias Pfalz, President of BMW Group Thailand, the event provides BMW Thailand with further opportunities to contribute to improvements in energy efficiency.“We demonstrate our commitment...
Huge natural gas leak in Los Angeles still months from fix
The escape of tons of natural gas from storage under a Los Angeles neighborhood is not likely to be fixed for at least another two months because of the specific dynamics of the leak, according to officials. The leak at Porter Ranch, already several months old, has forced the relocation of several thousand residents who said the stench made them sick. The Los Angeles Times reportedSaturday(http://tinyurl.com/qa7jj9b) that the leak persists because workers were unable to plug it and instead have the painstaking...