Against a backdrop of cornfields and farmhouses, this message appears on the home page of IT support services provider Caleris: "Outsource to Iowa. Not India." The point couldn't be clearer. The company is competing from rural Iowa ...
Tags: IT Services, IT
IHC Merwede successfully launches Subsea 7’s SEVEN WAVES Tuesday, May 07, 2013 IHC Merwede has today successfully launched Subsea 7's 550t pipelaying vessel, SEVEN WAVES, at its shipyard in Krimpen aan den IJssel, The Netherlands. ...
Tags: IHC, SEVEN WAVES
Europe has set itself ambitious climate and energy targets: A third of the continent's electricity needs are to be met from renewable energy sources by 2020. Offshore wind power places a pivotal role in the mix. In their new study entitled ...
Tags: wind power, Global Investment
Israeli gas consumption is expected to rise to 7.25 billion cubic meters this year nearly triple the level of last year, the Energy and Water Ministry said on Friday. The sharp rise in use of natural gas follows the beginning of ...
Tags: Israeli Gas, natural gas
As a result of renewed focus and restructuring over the past few years, BP now will direct as much as 75-80% of its capital expenditures to upstream projects over the next decade, BP's chief executive of upstream said Monday. The world ...
Local shares closed higher yesterday, even after paring a sharp rise early on in the session, as investors took profits ahead of an interest rate decision due from the Reserve Bank of Australia today. The stockmarket was buoyed by growing ...
Tags: Local shares, US Jobs Growth
Jumbo installed five structures for Ikhwezi project Monday, May 06, 2013 Last week Jumbo successfully completed the deployment of five subsea structures for PetroSA’s Ikhwezi project, offshore South Africa. The installation of the ...
Tags: Jumbo, Ikhwezi Project
Canadian Natural Resources' production averaged 489,157 barrels a day in first-quarter 2013, up nearly 24% from 395,461 b/d in the same period a year ago on record output from both its heavy oil and oil sands assets in Alberta, the company ...
Tags: Natural Resources, oil
Jumbo mobilises for EnQuest project Friday, May 03, 2013 One of Jumbo’s heavy lift & installation vessels, the Fairplayer, is in Rotterdam preparing for a subsea installation project. Jumbo’s Fairplayer will be executing the ...
Tags: Jumbo Mobilises, EnQuest Project
Apple has avoided over $9bn (£5.8bn) in US taxes through a debt deal, investors have estimated. The firm recently sold $17bn (£11bn) in Apple bonds, the largest offering of this sort in corporate history, with the idea of the ...
Tags: Apple, Computer Products
Norway's Statoil Thursday reported first-quarter output of 1.998 million b/d of oil equivalent, down 9% year-on-year, which, coupled with lower prices, cut net profit by more than half. However, CEO Helge Lund said in the results ...
Tags: Statoil, CFO Torgrim Reitan
France-based pipe manufacturer Vallourec has announced its financial results for the first quarter of 2013. According to Vallourec's report, in the first quarter this year the company registered a net profit of €35 million, ...
Tags: Vallourec, Improved Net Profit
Based on the US Department of Commerce's most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported Wednesday that steel import permit applications for the month of April total ...
Tags: Finished Steel, Mineral
Australian shares finished the month with strong gains as the benchmark S&P/ASX 200 climbed to a five-year high after ANZ Bank's $3 billion-plus half-year profit dragged its shares to a record $31.84. ANZ's result pushed up other ...
Tags: Market Gauge, ANZ Gains
Local shares finished the month with strong gains as ANZ led a rise in banks after its dividend and earnings exceeded expectations. Stronger offshore markets helped although analysts and fund managers were wary of overseas events that ...
Tags: Bouyant ANZ, Bank Shares Higher