Origin Energy advises that the Tarapunga-1 exploration well, that spudded on 5 November 2010, continues drilling operations as planned. The well is being drilled vertically using the semi-submersible drilling rig Kan Tan IV which is being managed for Origin by Australian Drilling Associates (ADA). D
Marking the 1st Anniversary of Yemen LNG first gas export, Yemen LNG signed Sunday, 7 November, with the Public Works Project an agreement to construct 10 new schools in project areas in Radhom, Jirdan, and Al-Rawdah districts, Shabwah governorate. The agreement falls within the framework of the Yem
The Naming Ceremony of Siem Garnet took place in Ulsteinvik 4th of November at 12 PM. The godmother of this vessel is Maneesha Khanna Eriksrud. Siem Garnet is the 8th ship, out of the total of 10 VS491 CD, that is delivered from Kleven Maritime to Siem Offshore and Singa Star. Siem Opal, the next [&
BOURBON confirms that the 3 BOURBON employees abducted in Nigeria on board Bourbon Alexandre(photo) during the night of 21 to 22 September 2010 were released today. Despite difficult conditions while in captivity, they all appear to be in good health. They are currently being looked after by the mem
Hyperdynamics Corporation announced today the appointment of William O. “Bill” Strange to the Company’s Board of Directors. Bill Strange is a retired audit partner with Deloitte & Touche LLP. He joined the international accounting firm in 1964 and became a partner in 1976, specializing in audits of
Rolls-Royce, the global power systems company, today signed a collaboration agreement with Shanghai Bestway Marine Engineering Design Company Ltd (Bestway), a leading marine design and research company in China. John Paterson, Rolls-Royce, President – Marine, and Professor Liu Nan, Chairman of the B
* Market development holds back new business * Revenue target for 2010 reduced to around one billion Euros * EBIT margin target of 4% for the full year confirmed * Gross margin increased to 26,7 (22,3) percent * Order book increased to EUR 2.4 billion Hamburg, November 11, 2010. In the third quarter
Mott MacDonald has been appointed by Chiyoda – JGC Joint Venture to carry out power system studies to support the development of gas fields in Papua New Guinea throughout the engineering, procurement and construction phase. The project, known as PNG LNG, is an integrated development which includes g
Subsea 7 Inc. , through its i-Tech division, today announced an award by Petrobras International for the provision of remotely operated vehicle (ROV) services onboard a new build ultra-deepwater drillship. The contract is valued at US $18m. The initial contract term is five years, which can be exten
The Board of Directors of DONG Energy A/S has today approved the interim financial report for the first nine months of 2010, which developed as follows compared with the results for the first nine months of 2009: Revenue was up DKK 2,699 million at DKK 38,490 million. EBITDA was up DKK 3,202 million
The Board of Directors of DONG Energy A/S has today approved the interim financial report for the first nine months of 2010, which developed as follows compared with the results for the first nine months of 2009: Revenue was up DKK 2,699 million at DKK 38,490 million. EBITDA was up DKK 3,202 million
According to Mr GJ Rao chairman of Tuticorin Port Trust, Tuticorin port could see its capacity doubling to 55 million tonnes in the next two… (steelguru) [mappress] Source: steelguru, November 11, 2010;
Operating income for the quarter amounted to USD 73.4 million (USD 58.2 million). EBITDAFX was USD 18.5 million (USD 17.1 million). Operating loss was USD 19.5 million (loss of USD 0.2 million), and net loss was USD 66.4 million (net profit of USD 0.5 million). Operating income was USD 15.2 million
Darkness, extreme weather and shifting sea ice could delay efforts to stop an oil well blowout in the U.S. Arctic Ocean for six months or more, trapping spewed oil in ice for up to a decade according to a report released today by the Pew Environment Group. The study, “Oil Spill Prevention and Respon
