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Leonardo Demands U.K. Deals to Safeguard Storied Helicopter Site

Britain was told it must buy more Leonardo SpA helicopters and help fund an export drive to safeguard a factory that rose to global prominence in the 1980s when a tussle over its future almost toppled Margaret Thatcher.With sales of rotor-craft in the doldrums following a slump in demand from the offshore oil industry, Rome-based Leonardo…

China's CNPC pays nearly $1.2bn for Abu Dhabi offshore oil concessions - Energy,Politics & Economics

The China National Petroleum Corporation (CNPC), the worlds third largest oil company, has been awarded stakes in two of Abu Dhabis offshore concession areas following the signing of agreements with the Abu Dhabi National Oil Company (ADNOC). CNPC, through its majority-owned listed subsidiary PetroChina, has been granted…

Intelligence: Russians Really Are Different

One of the advantages of having NATO members on the Russian border is that now NATO has intelligence agencies in those former parts of the Soviet empire regularly contributing to NATO knowledge of what is going on in Russia. As a result the American, and Western European, intel agencies are finding insights about Russia and contacts inside Russia never before (1991) available.

Martha’s Vineyard ferry out of service again

A Steamship Authority Martha’s Vineyard ferry was out of service again Wednesday, after a malfunctioning oil pump that caused it to become stranded for several hours with 72 passengers on board was repaired earlier this week. Conrad Roy, owner of Tuckery Roy Marine Towing & Salvage, said his company was escorting the ferry…

Coda Octopus Group Reports Fiscal 2018 First Quarter Financial Results Nasdaq:CODA

{{DATELINECITY_DATE_GLOBENEWSWIRE_BUG}}Coda Octopus Group, Inc. (CODA) (Nasdaq:CODA) today reported its unaudited financial results for its fiscal 2018 first quarter ended January 31, 2018.Annmarie Gayle, CODAs Chairman and CEO commented: Our fiscal first quarter results continue to reflect our strategic investment in technological…


Alameda Point Partners Moves Forward on $500M Mixed-Use Transit-Oriented Waterfront Development

MILL VALLEY, CA - Trammell Crow Residential (TCR), a division of Dallas-based Crow Holdings, announced that the first phase of the 68-acre Site A parcel at Alameda Point was transferred from the City of Alameda to Alameda Point Partners (APP), the City’s private partner for the project. Alameda Point Partners is a joint venture between TCR…

Why voters should back flawed $3 bridge toll hike

The Bay Area is a victim of its own economic success.As the region’s job market keeps expanding, it exposes the shortage of affordable housing and the inadequacy of our freeway and public transit systems.Regional Measure 3 on the June ballot would help fix some of the shortcomings of our transportation network. It would…

State delays plans to hike Maine island ferry rates — Midcoast — Bangor Daily News — BDN Maine

Gabor Degre | BDNGabor Degre | BDNA ferry in Penobscot Bay carrying vehicles and passengers from Islesboro to Lincolnville in this June 2016 file photo. By Nick McCrea, BDN Staff •March 20, 2018 4:19 pmThe state is putting off plans to increase island ferry fares until later this spring, the Maine Department of Transportation…

BAE Systems (BAESY) & Huntington Ingalls Industries (HII) Head-To-Head Comparison

BAE Systems (OTCMKTS: BAESY) and Huntington Ingalls Industries (NYSE:HII) are both large-cap aerospace companies, but which is the better business? We will contrast the two companies based on the strength of their risk, analyst recommendations, institutional ownership, valuation, profitability, earnings and dividends. Volatility and RiskBAE Systems has a beta of 0.93…


Siemens Gamesa fully adopts cost saving Ro/Ro logistics concept

March 21 (Renewables Now) - Siemens Gamesa Renewable Energy SA (BME:SGRE) on Tuesday said its Ro/Ro offshore logistics concept is now fully implemented following the first load of nacelles from Cuxhaven, Germany for the 309-MW Rentel wind park off Belgium.The turbine manufacturer set up a blade plant in the harbour of Hull…

How Russian gas ended up on U.S. shores -- Wednesday, March 21, 2018 --

On Jan. 28, a ship pulled into a port near Boston with a most unusual cargo.It was the natural gas tanker Gaselys, which had just topped off at a port in the United Kingdom. It had come to New England because a series of cold snaps had momentarily made gas prices there the highest in the world.But this wasn't just any payload. It included gas from a brand-new plant in Russia.

Subsea 7 (OTCMKTS:SUBCY) Stock Rating Upgraded by Zacks Investment Research

Subsea 7 (OTCMKTS:SUBCY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Tuesday, March 13th. According to Zacks, “Subsea 7 S.A., formerly known as Acergy S.A., operates as an engineering, construction and services contractor to the offshore energy industry worldwide.

Obtaining energy from marine currents -- ScienceDaily

Researchers from Universidad Politécnica de Madrid (UPM) have developed procedures and designs to obtain energy from marine currents in areas of great depths optimizing the costs.The new devices using the energy from marine currents in great depths pose the problem of high cost of manufacturing, installation and maintenance.

OPT wave power unit to charge Eni subsea oil project

Ocean Power Technologies (OPT), one of the pioneers of the US wave energy industry, has finalised a breakthrough deal with Italys Eni to supply a demo device to power one of the oil groups subsea projects in Europe.Under the deal, set to start this month, a PB3 PowerBuoy will be leased from OPT as part of two-year contract for installation at an unnamed Adriatic Sea oil & gas field.