The oil and gas group PA Resources has now completed its sidetrack of the Lille John well to a Chalk target but did not encounter effective reservoir. The sidetrack provided a second penetration of the Miocene sandstone level encountered in the original well, again oil-bearing and with improved rese
Aker Solutions’ operating revenues in the third quarter of 2011 were NOK 8.56 billion. Earnings before interest, tax, depreciation and amortisation amounted to NOK 322 million. Order intake in the quarter was NOK 8 billion. “Our subsea challenges in Brazil are well known. We are working on a number
MEO Australia Limited announced that it’s wholly owned subsidiary Transworld Seruway Exploration Limited – “TSEL” has executed a contract with PT PGS Nusantara “PGS” for the acquisition of a 705 km 2 3D marine seismic survey in the Seruway PSC, offshore North Sumatra (TSEL participating interest 100
Ensco plc reported diluted earnings per share from continuing operations of $0.88 for third quarter 2011, compared to $0.92 per share in third quarter 2010. There were no discontinued operations in third quarter 2011. Losses from discontinued operations in third quarter 2010 were $0.01 per share rel
Dr. James R. McFarlane, founder and president of International Submarine Engineering Ltd received the Diver Certification Board of Canada’s Lifetime Achievement Award for 2011 for his significant contributions to the underwater industry. The award was presented to Dr. McFarlane by Mr. Jonathan Chapp
On October 26, 4#16900DWT BC (Hull No: SF080104), being built for Polish Steamship Co., was successfully launched. This vessel is the 4th one among 8 sister vessels contracted between Polish Steamship Company and SF shipyard. It will be built strictly according to ABS rules. 16,900DWT Bulk Carrier T
RBG has enhanced its subsea service capability with the launch of two purpose-built dive intervention craft (IC). The launch was announced by RBG’s new Marine & Subsea director, Roddy James, who joined the company in October 2011 from STS having previously served as global account director, oil & ga
Ithaca Energy Inc. announces that it has signed an agreement with Ensco Offshore UK Limited to provide a jack up drilling unit for development drilling on the Stella and Harrier fields to commence in 2012. Further to the recently announced Development Concept selection for the Stella and Harrier Fie
After the end of the third quarter, contracts have been completed for all vessels in GC Rieber Shipping’s portfolio. Order backlog has been increased by half a billion, compared with the previous quarterly reporting. – This gives us an excellent starting point for the future in a turbulent period, s
Aker Solutions’ operating revenues in the third quarter of 2011 were NOK 8.56 billion (Approximately 1.5 billion). Earnings before interest, tax, depreciation and amortisation amounted to NOK 322 million. Order intake in the quarter was NOK 8 billion. “Our subsea challenges in Brazil are well known.
TGS reports net revenues of USD 160 million in Q3 2011, compared to USD 130 million in Q3 2010, a 23% increase. Investments were USD 111 million, up 77%. These investments were a record for the Company in a single quarter and resulted in a record high number of vessels utilized in a quarter. [&helli
RBG has enhanced its subsea service capability with the launch of two purpose-built dive intervention craft (IC). The launch was announced by RBG’s new Marine & Subsea director, Roddy James, who joined the company in October 2011 from STS having previously served as global account director, oil & ga
Eni announces that Mellitah Oil & Gas, the Joint Venture operating company (NOC 50%, Eni 50%) in Libya, has restarted today gas production from the offshore platform of Sabratha. Production will start at 4-5 Million cubic metres per day and will gradually increase to reach 11-13 Mcmd during the mont
Sino-Global Shipping America, Ltd., a leading non-state-owned provider of shipping agency services operating primarily in China, today announced that it has signed a memorandum of understanding (MOU) with King & Sons, a subsidiary of Grindrod Limited, a public company listed on the JSE Securities Ex
