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Helix reports first quarter 2012 results

Helix Energy Solutions Group, Inc. (NYSE: HLX) reported net income of $65.7 million, or $0.62 per diluted share, for the first quarter of 2012 compared with net income of $25.9 million, or $0.24 per diluted share, for the same period in 2011, and net income of $16.8 million, or $0.16 per diluted share, in the fourth quarter of 2011. Read more…

ABB wins offshore wind connection order in Germany

AC transmission link to connect North Sea wind farm to German power grid and save up to 500,000 tons of carbon dioxide emissions
Zurich, Switzerland, April 23, 2012 – ABB, the leading power and automation technology group, has won a significant order from the Dutch-German transmission grid operator TenneT to supply an AC (alternating current) power transmission link connecting Nordergründe, an offshore North Sea wind farm, to the mainland grid in Germany. The order was booked in the first quarter.

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