Global-leading energy production technology services company Proserv has secured two major contract wins worth in excess of £6 million, underpinning the company’s fast-evolving international footprint. The multi-million pound deals with two of the North Sea’s most foremost oil and gas operators will
Coastal Energy Company announces the results of an interim third party evaluation of its onshore and offshore reserves in Thailand. RPS Energy Ltd. (“RPS”) prepared a report dated July 30, 2012, with an effective date of March 31, 2012, in accordance with the guidelines established by the Society of
Orion Marine Group, Inc., a leading heavy civil marine contractor, today reported a net loss for the three months ended June 30, 2012, of $5.4 million ($0.20 diluted loss per share). These results compare to net loss of $3.2 million ($0.12 diluted loss per share) for the same period a year ago. “Dur
Diana Containerships Inc., a global shipping company specializing in owning and operating containerships, yesterday reported net income of $2.2 million for the second quarter of 2012, compared to a net loss of $0.6 million for the same period of 2011. Time charter revenues were $14.9 million for the
Ophir Energy plc announces that the Papa-1 well has made the first Cretaceous gas discovery outboard of the Rufiji Delta in Block 3, offshore Tanzania and is the sixth consecutive discovery by Ophir offshore Tanzania. Nick Cooper, CEO of Ophir said: “Papa-1 was the sixth well, and sixth consecutive
Santos has signed up to use AGR’s Riserless Mud Recovery (RMR®) system. The contract is for one exploration well to be drilled in Q3 2012 in the Browse Basin off North West Australia. The main reason for using RMR® on this well is to be able to drill a deep 26” section with a closed […]
Two Van der Velden® ATLANTIC rudders in combination with Van der Velden COMMANDER™ ram-type steering gear have been installed on board the dredger Ambiorix. The Ambiorix is one of the most powerful and advanced self-propelled cutter suction dredgers in the world and was built for the DEME Group at t
Endeavour International Corporation today announced production for the second quarter 2012 averaged approximately 6,400 barrels of oil equivalent per day (“boepd”) compared to 3,200 boepd in the same period last year. The Company also announced production from the second Bacchus well and commencemen
Airborne Oil & Gas has won a contract with Petronas, for the qualification of several offshore flowline systems. Petronas has selected Airborne’s Thermoplastic Composite Pipe concept to become one of their principal offshore flowline solutions for hydrocarbon production. Mr. Rosli Tompang, Senior Ma
Through its subsidiary TTS Marine AB, TTS Group ASA’s Marine division has signed a contract worth approximately NOK 49 million. The contract is with Hyundai Heavy Industries Co., Ltd. in Ulsan, South Korea and concerns delivery of cargo access equipment to three car carriers under construction for a
Airborne Oil & Gas recently won a contract with Petronas, for the qualification of several offshore flowline systems. Petronas has selected Airborne’s Thermoplastic Composite Pipe concept to become one of their principal offshore flowline solutions for hydrocarbon production. Rosli Tompang, Senior M
Commuters on the West Gate Bridge witnessed a spectacular sight early this morning when the purpose built vessel, Zhen Hua 26, passed under the bridge with a 104.5m high new Ship to Shore container crane aboard for delivery to Patrick’s East Swanson Dock terminal. The vessel was guided by two sea pi
Catch the Wind Ltd., providers of predictive Optical Control Systems (OCS) for optimized wind energy generation, yesterday announced the complete rebrand of the company, now operating through its wholly-owned subsidiary (formerly Catch the Wind, Inc.) as BlueScout Technologies, Inc. Combined with it
Electromagnetic Geoservices ASA (EMGS) has signed a contract worth approximately USD 7 million with a major international oil company to provide 3D EM acquisition and processing services in the Asia Pacific region. Data acquisition will be performed from the vessel EM Leader and is expected to comme
