Superior Energy Services, Inc. announced net income from continuing operations of $70.2 million, or $0.55 per diluted share, and net income of $53.9 million, or $0.42 per diluted share, on revenue of $966.8 million for the first quarter of 2012. The Company completed its acquisition of Complete Prod
SeaHold GEOSHIPS Ltd, a marine and subsea services shipping company, held an open day on board the newest addition to its vessel fleet. Formed in 2003, the Aberdeen-based company took delivery of Loch Roag, its second multi purpose support vessel (MPSV), earlier this month on a contract valued at ov
Fairmount Marine’s tug Fairmount Expedition has delivered the semi- submersible drilling rig Scarabeo 6 safely in Rotterdam, the Netherlands, for her dry-dock period at shipyard Keppel-Verolme. The 27 year old Scarabeo 6, owned by Italian offshore company Saipem, was towed from offshore Abu Qir, Egy
Central Maine Power, Bangor Hydro Electric Co. and Maine Public Service Co. will negotiate a 20-year contract with Ocean Renewable to put tide-generated electricity onto the grid this summer, reported Associated Press. The Maine Public Utilities Commission created a contract term sheet for the proje
Cameron reported net income of $134.0 million, or $0.54 per diluted share, for the quarter ended March 31, 2012, compared with net income of $109.5 million, or $0.43 per diluted share, for the first quarter of 2011. Cameron reported net income of $134.0 million, or $0.54 per diluted share, for the q
Further significant steps have been taken this week towards stopping the Elgin gas leak, including the installation of a key piece of equipment on the G4 well to divert leaking gas away from the wellhead platform. Known as a diverter, this specially manufactured device has been connected to the G4 w
Further significant steps have been taken this week towards stopping the Elgin gas leak, including the installation of a key piece of equipment on the G4 well to divert leaking gas away from the wellhead platform. Known as a diverter, this specially manufactured device has been connected to the G4 w
Victorian Premier Ted Baillieu, on April 24th, announced a $1.2 billion re-development of the Port of Melbourne which will create 2,600 jobs and enhance the economic future of the state. Mr Baillieu said the centerpiece of the project would be the construction of a new container terminal at Webb Doc
Premier announces that it has received approval of its Field Development Plan (FDP) for the Solan field (Premier 60 per cent, Chrysaor 40 per cent) from the Department of Energy and Climate Change. The Premier-operated Solan field, located on the UK Continental Shelf West of Shetland, is expected to
Premier has received approval of its Field Development Plan (FDP) for the Solan field (Premier 60 per cent, Chrysaor 40 per cent) from the Department of Energy and Climate Change. The Premier-operated Solan field, located on the UK Continental Shelf West of Shetland, is expected to produce approxima
Severn Trent De Nora, a leading provider of electrolytic seawater disinfection systems, will showcase its line of water and wastewater treatment systems at the Offshore Technology Conference (Hall D Stand 2405) to be held 30 April to 3 May 2012, at Reliant Park in Houston, Texas. The following produ
The first ship in the Navy’s new Joint High Speed Vessel class, the future USNS Spearhead (JHSV 1), completed Builder’s Sea Trials, April 19, in Mobile, Ala. JHSV 1 is a versatile, non-combatant, transport ship that will be used for fast intra-theater transportation of troops, military vehicles, and
Eco (Atlantic) Oil & Gas Ltd. has entered into five separate Joint Operating Agreements (JOA’s) with NAMCOR, the National Petroleum Corporation of Namibia, with respect to its five license blocks onshore and offshore Namibia. Through the Company’s wholly-owned subsidiary, Eco Oil and Gas (Namibia) (
Romania’s GSP Offshore has announced that it has signed a contract for its jack-up drilling rig GSP Jupiter with Turkish national oil and gas company TPAO. GSP Jupiter has been awarded a contract for offshore drilling services, for Istranca 1 well (+ 1 optional well) on Black Sea Block 3920 on the T
