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Sartor Offshore Takes Delivery of New Vessel From China
Business & Finance

Sartor Offshore Takes Delivery of New Vessel From China

Sartor Offshore AS, Norway based company annaunced that it has take delivery of new addition in its fleet. Offshore Vessel Ocean Alden has been delivered from Wison Heavy Industry, and will begin its voyage to Norway in a few days. Ocean Alden (VS 465) represents a multi role FSV designed by V&S (No

about 15 years ago
USA: Bolt Technology Announces Financial Results
Business & Finance

USA: Bolt Technology Announces Financial Results

Bolt Technology Corporation announced financial results for the first quarter of fiscal year 2012, the three months ended September 30, 2011. For the quarter ended September 30, 2011, sales amounted to $9,572,000 compared to $8,534,000 in last year’s first quarter. Net income for the quarter amounte

about 15 years ago
Ophir Expands Block R Contract Area, Offshore Equatorial Guinea
Business & Finance

Ophir Expands Block R Contract Area, Offshore Equatorial Guinea

Ophir, the upstream African oil and gas resource company announces the Amendment and expansion of the Block R Production Sharing Contract (PSC) in Equatorial Guinea. Highlights: The Block R contract area has been amended and expanded by c 46% to incorporate 773km2 of additional acreage bringing the

about 15 years ago
Vestas Issues Profit Warning (Denmark)
Business & Finance

Vestas Issues Profit Warning (Denmark)

The commissioning of Vestas’ new generator factory in Travemünde, Germany, is not progressing as planned. In order not to compromise on safety and quality in an already very busy fourth quarter, Vestas has chosen to postpone the handing over of a number of projects, primarily in Europe. The changed

about 15 years ago
Vestas Issues Profit Warning (Denmark)
Business & Finance

Vestas Issues Profit Warning (Denmark)

The commissioning of Vestas’ new generator factory in Travemünde, Germany, is not progressing as planned. In order not to compromise on safety and quality in an already very busy fourth quarter, Vestas has chosen to postpone the handing over of a number of projects, primarily in Europe. The changed

about 15 years ago
UAE: Scott Doak Steps Down from CFO Position in Lamprell
Business & Finance

UAE: Scott Doak Steps Down from CFO Position in Lamprell

Lamprell , a leading provider of diversified engineering and contracting products and services to the onshore and offshore oil & gas and renewables industry, announced that Mr. Jonathan Cooper has been appointed to the Board of Directors of the Company as Chief Financial Officer with effect from 30t

about 15 years ago
Italy: Saipem Reports Record Results in First Nine Months 2011
Business & Finance

Italy: Saipem Reports Record Results in First Nine Months 2011

The Board of Directors of Saipem S.p.A. approved Saipem Group’s Interim Report as at September 30, 2011. Investments in the third quarter of 2011 amounted to Euro 257 million (Euro 371 million in the third quarter of 2010) and included: – Euro 76 million in the Offshore Engineering & Construction se

about 15 years ago
Vietnam: HVS Starts Construction of 56.000 DWT Bulk Carrier
Business & Finance

Vietnam: HVS Starts Construction of 56.000 DWT Bulk Carrier

On 29th October, 2011, Steel Cutting Ceremony for the 56,000 DWT Bulk Carrier having Hull No. S049 has been organized at the Steel Processing Shop of Hyundai-Vinashin Shipyard (HVS). The ceremony was graced by the attendance of representatives from Ship Owner, DNV and HVS. The S049 is the 4th order

about 15 years ago
Tanzania: Aminex Inks Nyuni Area PSC
Business & Finance

Tanzania: Aminex Inks Nyuni Area PSC

Aminex PLC (“Aminex” or the “Company”) announces today that it has signed a new Production Sharing Agreement (‘PSA’) with the Tanzanian Minister of Energy & Minerals granting it the right to explore for oil and gas over 1,690 km² in the Nyuni area off the coast of Tanzania in the Indian Ocean. The P

about 15 years ago
Thales Sonar Helps Royal Navy in Minewarfare Operations (Libya)
Business & Finance

Thales Sonar Helps Royal Navy in Minewarfare Operations (Libya)

A Royal Navy minehunter fitted with Thales sonar has located and destroyed a 2,000-pound mine and torpedo lying on the seabed off the port of Tobruk in eastern Libya. HMS Bangor, a Sandown-class mine countermeasures vessel (MCMV), has been on NATO operations off the Libyan coast, tasked with searchi

about 15 years ago
USA: Hertz Acquires Delta Rigging & Tools Offshore Equipment Rental Arm
Business & Finance

USA: Hertz Acquires Delta Rigging & Tools Offshore Equipment Rental Arm

Hertz Global Holdings, Inc. announced that its equipment rental division, Hertz Equipment Rental Corporation, (HERC) has acquired Delta Rigging & Tools’ offshore equipment rental division based in New Iberia, La., expanding its Oil and Gas customer base into the offshore market. “Hertz continues to

about 15 years ago
Fairstar to Transport Drilling Rig RESPECT from Nigeria to Texas
Business & Finance

Fairstar to Transport Drilling Rig RESPECT from Nigeria to Texas

Fairstar Heavy Transport N.V. (FAIR) has been awarded a contract by Oando Energy Services, the leading indigenous, energy and energy services company in Nigeria to transport the drilling rig RESPECT from Lagos, Nigeria to Galveston, Texas. The contract value is USD 3.05 million. Chris Muilwijk, Sale

about 15 years ago
Fairstar to Transport Drilling Rig from Nigeria to USA
Business & Finance

Fairstar to Transport Drilling Rig from Nigeria to USA

Fairstar Heavy Transport N.V. (FAIR) has been awarded a contract by Oando Energy Services, the leading indigenous, energy and energy services company in Nigeria to transport the drilling rig RESPECT from Lagos, Nigeria to Galveston, Texas. The contract value is USD 3.05 million. Chris Muilwijk, Sale

about 15 years ago
UK: BG Group Chairman to Leave Post in May 2012
Business & Finance

UK: BG Group Chairman to Leave Post in May 2012

Sir Robert Wilson has today announced his intention to stand down as Chairman of BG Group​ at the conclusion of the Company’s Annual General Meeting in May 2012. He will be succeeded by Andrew Gould, currently Chairman of Schlumberger Limited. Mr Gould joined Schlumberger, the world’s largest oil an

about 15 years ago
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