NKT Cables said it expects its business of delivering underwater cables to offshore windfarms to grow rapidly. The company’s chief executive said it expected market volumes to grow on average by some 28% from next year to 2020. NKT Cables, which is part of NKT Holding, currently has more than 20% of the market for offshore cables.
The pressure is mounting on the European Union to tighten rules on pollution from cars after Volkswagen AG admitted it built a system to undermine tests in the US. Members of the European Parliament’s environment committee urged the European Commission to propose more stringent checks amid the widening scandal over emissions controls on VW’s diesel engines. VW has cheated on US air pollution tests for years, the Environmental Protection Agency said Friday. “We must assume that there are many tricks going on in Europe without us realizing because the Americans check more than we do,” said Peter Liese, a German member of the parliamentary committee, said in parliament in Brussels on Wednesday. “We need more realistic, stringent procedures not only for NOx but also for carbon dioxide and fuel consumption. We all know that our cars use more fuel than in the test cycle and people are losing patience.”
A preliminary report by the Accident Investigation Bureau (AIB) in Nigeria has found a fatal offshore helicopter crash may have been caused by a malfunction of one of the aircraft parts. The crash, which happened last month, caused the death of two crew members and four passengers on board. There had been 12 people on the helicopter when the incident happened.
Halliburton is set to pay back $18.3million to more than 1,000 oil and gas workers after they were improperly exempted from overtime pay. The US Department of Labour said the oil company had improperly identified workers in 28 job categories as exempt from additional earnings under the Fair Labour Standards Act. Halliburton has already begun the process of paying back the accrued overtime for one of the largest settlements for the Labour Department in recent years.
Stirling Group has strengthened its team with the appointment of two new members in the field of crisis management. Ray Ramsay has been made regional manager for crisis and continuity management (CCM) and Dominic Webb has been made global principal project manager. Ramsay joined Stirling Group last year as strategic projects manager for emergency response and crisis management.
Companies including Nike, Procter & Gamble, Asda-owner Walmart and Starbucks have pledged to use 100% renewable electricity. Goldman Sachs, Johnson & Johnson, Salesforce, furniture company Steelcase and financial firm Voya Financial have also made the commitment to source all of their electricity from renewables to reduce carbon emissions and seize business benefits. The announcement by the US firms made at the Climate Week event in New York brings the number of companies around the world which have made the “RE100“ commitment to renewables to 36, including Marks & Spencer, BT Group, Nestle and Ikea.
Lifitng and inspection specialist IMES has announced a partnership with Hampshire-based charity the Jubilee Sailing Trust (JST) completing a project on board two tall ships.
A 61-year-old man has been arrested and charged by police probing a multimillion-pound fraud spanning 13 years. Up to 180 investors claimed to have lost an estimated £9million after Midas Financial Solutions Scotland was investigated by a financial watchdog. Police then launched a criminal inquiry and sent hundreds of letters to potential victims.
Millions of cars on UK roads could be recalled as a probe into rigged emissions tests on Volkswagen models in the US threatens to reach Europe, according to a transport lobby group.
A new documentary that recounts the rescue of a stranded diver will offer valuable insight that will help the industry deal with similar events in the future.
Wood Group has acquired Automated Technology Group (ATG), one of the UK's largest independent suppliers of control and power solutions for industrial automation in a multi-million pound deal.
The unique use of acoustic sensing to provide effective pipeline leak and intrusion detection has led to a UK company being in line for an industry award.
In New Auburn, Wisconsin, a desolate, little outpost carved from the rolling pine-tree forests that run into Lake Superior, the collapse in oil is wreaking havoc on every aspect of the economy.
“It’s not that easy being green.”
Chancellor George Osborne is pushing for greater Chinese involvement in major UK infrastructure projects, after announcing a £2billion Government guarantee to underwrite Beijing’s investment in a controversial nuclear power plant. Mr Osborne said he hoped the guarantee would pave the way to a final investment decision on the Hinkley Point C plant later this year by French company EDF, supported by China General Nuclear Corporation and China National Nuclear Corporation. And he made clear that further sums may be made available in the longer term.
Speakers from a number of major oil companies will be taking part in a bi-annual conference that examines the latest developments in reservoir monitoring and flow control in oil and gas projects.
Russian detectives arrested Vyacheslav Gaizer, governor of the oil-rich Komi region, over charges he was involved in running an organized criminal group.
Fire protection multinational Tyco has agreed a global rights deal with Aberdeen-based RigDeluge to produce and market its oil and gas safety systems.
Oil and Gas Authority chief executive Andy Samuel visited the north of Scotland to attend the first ever Oil and Gas UK Fabricators Forum to be held in the Highlands.
Statoil has appointed a new vice president of media relations to take on the role of corporate spokesperson.
Shipowner and operator Swire Pacific Offshore Operations has taken delivery of its latest platform supply vessel Pacific Grackle.
Aberdeen-based ESS Offshore Support Services has won a gold award for its approach to occupational health and safety.
A seminar that examines the opportunities for exploration and production (E&P) companies and oilfield services companies in India takes place in Aberdeen next week.
Aberdeen Harbour has welcomed its largest vessel to date with the arrival of the Lewek Express pipelay construction vessel.
Atlas Knowledge Group, the Aberdeen-based energy industry skills specialist, has announced a new partnership with the University of Texas (UT) at Austin.