Cameron has received an order for the supply of subsea production systems for a deepwater and offshore gas processing and pipeline project in the South China Sea. The project will include subsea equipment, as well as an agreement to provide additional services across the life of the field. Deliverie
January 10th and 14TH 2011, DNV issued three separate Certificates of Fitness For Service: one for the OCT system itself, one for the Cryodyn flexible pipe and one for the QCDC assembly. We are pleased to inform that DNV on January 10th and 14TH 2011 issued three separate Certificates of Fitness For
Erik Haugane, CFO og Det norske, has been awarded one of the oil industry’s highest awards, the NPF award. The award is a recognition of the effort made, and a stimulus for further work. The jury’s arguments for giving Haugane the price is that he is “one of few leaders of a Norwegian oil company [&
Saint Petersburg hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Rovnag Abdullayev, President of the State Oil Company of Azerbaijan Republic (SOCAR). The parties addressed the results of cooperation in 2010. Gazprom and SOCAR agreed that the jo
Halliburton announced today that income from continuing operations for the fourth quarter of 2010 was $625 million, or $0.68 per diluted share, compared to $485 million, or $0.53 per diluted share, in the third quarter. Net income for the fourth quarter of 2010 was $605 million, or $0.66 per diluted
McDermott International, Inc. , announced today that its subsea construction vessel “Agile” has been contracted by Petrobras to install subsea flexible pipelines and umbilicals in up to 2,000 meters of water offshore Brazil. The company will also provide subsea installation engineering for the durat
American Superconductor Corporation (NASDAQ: AMSC), a global power technologies company, announced today that it will release its third quarter fiscal year 2010 financial results prior to the market opening on Tuesday, February 1, 2011. In conjunction with this announcement, AMSC management will par
Aker Drilling ASA is contemplating the issue of up to NOK 1,500 million in a new senior, unsecured bond in the Norwegian bond market with maturity in February 2016. The proceeds will be used to refinance the outstanding bond issue AKD02 with ISIN NO001057171.4, repay existing subordinated loans to A
Rolls-Royce, the global power systems company, today announced an order from Singapore-based offshore company, PaxOcean, to provide the ship design, propulsion systems and deck machinery for two platform supply vessels. The order is worth over £12 million to Rolls-Royce with additional options to co
Halliburton announced today that income from continuing operations for the fourth quarter of 2010 was $625 million, or $0.68 per diluted share, compared to $485 million, or $0.53 per diluted share, in the third quarter. Net income for the fourth quarter of 2010 was $605 million, or $0.66 per diluted
Many of the nation’s harbors, especially in Bengkulu and Central Kalimantan, have silted up, a state port operator says… (marine) [mappress] Source: marine, January 24, 2011;
LEADING figures in the North-East renewable energy sector are remaining upbeat, in spite of the announcement that Teesside had missed out on… By Andy Richardson (thenorthernecho) [mappress] Source: thenorthernecho, January 24, 2011
Remarkably, this trend precedes the February 4th summit, in which European Union leaders will meet in Hungary to discuss the continent’s… By Nicole Wong (technorati) [mappress] Source: technorati, January 24, 2011
EnCore Oil plc announces that the Catcher North appraisal well 28/9-3 in Central North Sea Block 28/9 was spudded at 08.00 hours on Monday 24 January 2011. The EnCore operated well is being drilled using the Transocean Galaxy II heavy duty jack-up rig and is being managed by Applied Drilling Technol
