Noble Energy, Inc. reported third quarter 2012 net income of $221 million, or $1.23 per share diluted, and net income from continuing operations of $164 million, or $0.91 per share diluted. Excluding the impact of unrealized commodity derivative losses and certain other items, third quarter 2012 adj
Statoil has been awarded shares in 7 exploration licences on the United Kingdom Continental Shelf (UKCS). The company is operator for 2 of these, and expects this number to increase when the blocks pending environmental assessment are awarded. The licences which were awarded by the UK authorities ar
UK oil and gas investment looks set to flourish after the Government announces winners of the record breaking 27th Licensing Round. A total of 167 new licenses have been offered by DECC covering 330 North Sea blocks – with a further 61 blocks under environmental assessment. Interest in the North Sea
Offshore Technology Days in Bergen, being a leading exhibition and conference in Norway, was a great success for Offshore Center Danmark and Enterprise Europe Network. More than 360 exhibitors and near by 24,400 delegates were present at the OTD exhibition in Bergen on October 15th-18th 2012. A 3-da
Chariot Oil & Gas Limited, the independent Africa focused oil and gas exploration company, announces that its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) Ltd., has entered into a petroleum agreement (the “Agreement”) with the Government of the Kingdom of Morocco (“Morocco”) for
On Tuesday Mrs. Alexandra Bech Gjørv was appointed member of the Board of Directors of Technip, replacing Daniel Lebègue. M. Pascal Colombani was appointed Chairman of the Audit Committee of the Board of Directors. Mrs. Bech Gjørv is also a member of the Audit Committee of the Board of Directors. In
On Oct. 23 the first 47, 500DWT bulk carrier unit “You Hao 1” of Shanghai Friendship Shipping., LTD. was successfully named and delivered at CIC Changxing shipyard’s No.1 outfitting quay of. The vessel was built by China Shipping Industry Jiangsu (CICJS). The ceremony was hosted by Mr. Wang Yiling,
The government has approved a Talisman project that will extend the life of North Sea oil fields and unleash millions of pounds of extra investment for the UK economy. The £1.6 billion MonArb Area Redevelopment Project will mean the production of a further 100 million barrels of oil equivalent from
Songa Offshore SE (“Songa” or the “company”) has accepted the resignation of the company’s CEO, Asbjørn Vavik. Effective immediately, Jens A Wilhelmsen, Chairman of the Board of Directors, will assume the additional role as interim CEO. Mr Vavik will remain at the company’s disposal to conclude on-g
ShipConstructor Software Inc. (SSI) has expanded the capabilities of its Autodesk based shipbuilding software, opening up new possibilities for parallel design and engineering amongst distributed teams. A new product called WorkShare Design allows users of ShipConstructor’s CAD/CAM application to in
The South Pars Gas Field in southern Iran has 19 billion barrels of gas condensate reserves and 14.2 trillion cubic meters of in-place gas reserves, a senior Iranian oil official said, stressing that South Pars project is very important for Iran’s oil and gas industries. “The economic potentials of
Mr. Tevin Vongvanich, the President and CEO of PTT Exploration and Production Public Company Limited or PTTEP disclosed the PTTEP 3rd Quarter Operating Results and the company performance as the detail below: 3rd Quarter Operating Results: Net profit of USD 558 million, increases 123 % The company a
Superior Energy Services, Inc. today announced net income of $93.9 million, or $0.59 per diluted share, on revenue of $1,179.7 million for the third quarter of 2012. Non-GAAP adjusted earnings was $95.3 million, or $0.60 per diluted share, which excludes $2.3 million of pre-tax loss on the partial p
Offshore industry professionals from around the world gathered in Amsterdam on 23 – 24 October for Offshore Energy Exhibition & Conference 2012. The fifth edition of Offshore Energy attracted a record number of 7632 attendees, up 49% from last year. Offshore Energy 2012 continued on its path of stea
