Diamond Offshore Drilling, Inc. reported net income for the third quarter of 2012 of $178 million, or $1.28 per share on a diluted basis, compared with net income of $257 million, or $1.85 per share on a diluted basis, in the same period a year earlier. Revenues in the third quarter of 2012 were $72
ST Engineering will introduce two new variants of its FEARLESS Patrol Vessels at Euronaval 2012, a well established international naval defence and maritime exhibition which is held from 22 to 26 October 2012 at the Paris – Le Bourget Exhibition Centre, France. The ST Engineering booth at E43 will p
Adira Energy Ltd. announced that it has received an independent resource report including a best estimate in aggregate of 65.8 million barrels (“MMbbl”) of oil and 65.8 billion cubic feet (“BCF”) of gas in four structures on the Company’s Samuel License located offshore Israel. The Report was prepar
Trelleborg Marine Systems will be exhibiting at “Prevention First: An Onshore and Offshore Pollution Prevention Symposium & Technology Exhibition” in Long Beach, California on the 23rd and 24th October 2012. Representatives from Trelleborg will be attending to showcase their portfolio of docking and
The Minister of State for Work and Pensions and Member of Parliament for Fareham, Mark Hoban, visited top ROV manufacturer, Saab Seaeye on Friday 12th October. He met the new managing director, Jon Robertson, previously the company’s engineering director, along with the other key members of the mana
Caterpillar Inc. today announced third-quarter 2012 sales and revenues of $16.445 billion, a 5-percent increase from third-quarter 2011 sales and revenues of $15.716 billion. Profit per share for the third quarter of 2012 was $2.54, up 49 percent from $1.71 per share in the third quarter of 2011. Th
Ocean Power Technologies, Inc.(OPT), a leading wave energy technology company, today announced that the Company has received a ¥70 million (approximately US $900,000) contract from Mitsui Engineering & Shipbuilding (MES) for further work towards development of the Company’s PowerBuoy technology for
BP announced that it has signed heads of terms to sell its 50 per cent share in TNK-BP to Rosneft, the major Russian integrated oil and gas company. Under the heads of terms Rosneft has agreed in principle to buy BP’s share in TNK-BP. The proposed transaction consists of two tranches: (i) BP would s
In connection with the previously announced company program 2014, Siemens will modify its business strategy and organizational setup with respect to renewable energy. The company plans to divest its solar business activities and is currently holding talks with potential buyers on this subject. Sieme
The Honourable Gail Shea, Acting Minister of Fisheries and Oceans, welcomes back the Canadian Coast Guard Ship Sir Wilfrid Laurier and its 32 crew members. The ship is returning from nearly four months in the Arctic. The CCGS Sir Wilfrid Laurier left its home port in Victoria in early July, on a mis
Associated British Ports (ABP) has appointed five apprentices following the successful launch of its new marine apprenticeship training scheme at its four Humber ports of Grimsby, Immingham, Hull, and Goole, the UK’s busiest estuary and port complex. The aim of the scheme is to prepare a source of h
Mercon and Liandon announce that Imtech has joined their MLK Projects consortium. MLK Projects was founded by Liandon and Mercon earlier this year to market a new innovation in offshore substations named COSS for Compact Offshore Substation. As associated engineering company, KCI was heavily involve
Mercon and Liandon announce that Imtech has joined their MLK Projects consortium. MLK Projects was founded by Liandon and Mercon earlier this year to market a new innovation in offshore substations named COSS for Compact Offshore Substation. As associated engineering company, KCI was heavily involve
Leading international oilfield services company Expro is celebrating two significant contract wins with Murphy Exploration and Production and BP Americas Inc in the US offshore region. The Murphy award is for a three-year campaign offshore Gulf of Mexico, while the BP win will see Expro working on a
