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USA: Noble Corporation Earns USD 120 million in 1Q 2012
Business & Finance

USA: Noble Corporation Earns USD 120 million in 1Q 2012

Noble Corporation today reported first quarter 2012 earnings of $120 million, or $0.47 per diluted share, versus $127 million, or $0.50 per diluted share, for the fourth quarter of 2011. Earnings for the first quarter of 2011 were $54 million, or $0.21 per diluted share. Contract drilling services r

about 14 years ago
China: COSL’s Deepwater Survey Vessel HYSY708 Begins Operation
Business & Finance

China: COSL’s Deepwater Survey Vessel HYSY708 Begins Operation

China Oilfield Services Limited (“COSL”) announced that HYSY708, a deepwater survey vessel, has successfully completed a sampling mission for a geological drilling engineering and a 300-meter seabed drilling. The quality of these samples has met the standards of geological drilling engineering sampl

about 14 years ago
ABS Appoints New Leadership for Europe-Africa Operations
Business & Finance

ABS Appoints New Leadership for Europe-Africa Operations

ABS President and CEO Christopher J. Wiernicki has announced that ABS Vice President and current Chief Engineer Dr. Kirsi Tikka will transfer to London to assume the role of President and COO of the ABS Europe Division. The division is responsible for the day-to-day operations of the society through

about 14 years ago
CEDA: Invitation to Submit Abstract for Dredging Days 2012 (UAE)
Business & Finance

CEDA: Invitation to Submit Abstract for Dredging Days 2012 (UAE)

On 12-13 December CEDA organises its Dredging Days 2012 conference and exhibition in Abu Dhabi, United Arab Emirates. An optional technical visit will be organised in the afternoon on the second day of the conference. Prospective authors are invited to contribute to the programme. Theme of the confe

about 14 years ago
CGGVeritas’ Subsidiary Recognized at CSEG Symposium (Canada)
Business & Finance

CGGVeritas’ Subsidiary Recognized at CSEG Symposium (Canada)

Brian Russell and Dan Hampson of Hampson-Russell Software & Services, a CGGVeritas company, have been recognized by their peers and colleagues as the inaugural Honorees of the first CSEG Symposium held in Calgary, Canada on 22 March. The 2012 CSEG Symposium was the first of what will be an annual ev

about 14 years ago
Germany: Nordex Cancels Plans to Transfer Offshore Activities to Joint Venture
Business & Finance

Germany: Nordex Cancels Plans to Transfer Offshore Activities to Joint Venture

The Nordex group has terminated plans to transfer its entire offshore activities to a joint venture. Nordex was not able to agree with the negotiating partner on a concept for the continuation of the activities in a joint venture. Nordex disclosed its intention to seek an industrial partner for this

about 14 years ago
Norway: Offshore Vessel Simulator Gets Seismic Streamer Deck
Business & Finance

Norway: Offshore Vessel Simulator Gets Seismic Streamer Deck

A cutting-edge new system, designed to train engineers and crew in seismic streamer deck handling has been installed at Vestfold University College in Norway. The Seismic Streamer Deck Operation Trainer was developed as part of Kongsberg Maritime’s leading Offshore Vessel Simulator, in co-operation

about 14 years ago
Denmark: Siri Platform Repair Costs Increase
Business & Finance

Denmark: Siri Platform Repair Costs Increase

As announced in June 2011 DONG Energy is implementing a permanent repair solution necessary to restore the integrity of the Danish North Sea platform Siri. Following the progress of the project, the repair cost estimate has been increased from the initial expected DKK 2 billion to DKK 3.5 billion of

about 14 years ago
Greek Controlled Fleet Hits Record Deadweight Levels
Business & Finance

Greek Controlled Fleet Hits Record Deadweight Levels

The Greek Shipping Co-operation Committee (GSCC) has confirmed that Liberia is the leading independent ship register of choice for Greek-controlled shipping companies, second only to the Greek flag itself. Figures just released by the GSCC show that, in the year ended 31 March, 2012, Liberia experie

about 14 years ago
President and CEO of Tidewater Retires (USA)
Business & Finance

President and CEO of Tidewater Retires (USA)

Tidewater Inc. announced today that Dean Taylor, its President and Chief Executive Officer since March 2002, will retire as an executive officer of the company effective May 31, 2012, after a 34-year career with Tidewater. Mr. Taylor will remain on the Board of Directors, and serve as Tidewater’s no

about 14 years ago
Denmark: Offshore Wind Farms Need Alternative Capital Sources
Business & Finance

Denmark: Offshore Wind Farms Need Alternative Capital Sources

The continuing economic crisis has created a need for alternative sources of capital for the renewable energy sector, people attending a panel session at the EWEA 2012 Annual Event in Copenhagen heard on Wednesday. Torben Pedersen, of PensionDanmark, also said there are considerable pressures on pub

about 14 years ago
Denmark: Offshore Wind Farms Need Alternative Capital Sources
Business & Finance

Denmark: Offshore Wind Farms Need Alternative Capital Sources

The continuing economic crisis has created a need for alternative sources of capital for the renewable energy sector, people attending a panel session at the EWEA 2012 Annual Event in Copenhagen heard on Wednesday. Torben Pedersen, of PensionDanmark, also said there are considerable pressures on pub

about 14 years ago
CMA CGM Announces Reshuffling of Its ASIA-South Africa and Mozambique Services
Business & Finance

CMA CGM Announces Reshuffling of Its ASIA-South Africa and Mozambique Services

CMA CGM announces the reshuffling of its ASIA – South Africa and Mozambique services As from 24th April, the new CMA CGM ASIA – SOUTH AFRICA service network will be covered by the following loop: New SHAKA2: A service jointly operated by CMA CGM and Maersk Line with 8 vessels of 6,500Teus Rotation:

about 14 years ago
UK: GE Oil & Gas, Expro Ink Framework Agreements with Hydrasun
Business & Finance

UK: GE Oil & Gas, Expro Ink Framework Agreements with Hydrasun

Hydrasun, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy market, has received three framework agreements worth a total of £3.5million per year to the company. The recent agreements, for work in the North Sea and internationally, are with

about 14 years ago
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