Chevron Corporation today reported earnings of $7.8 billion ($3.92 per share – diluted) for the third quarter 2011, compared with $3.8 billion ($1.87 per share – diluted) in the 2010 third quarter. Sales and other operating revenues in the third quarter 2011 were $61 billion, up from $48 billion in
Leading classification society ABS is further strengthening its ties to the Korean maritime industry by establishing the ABS Korea Energy Technology Center (KETC) in Busan in early 2012. This is ABS’ first energy center and will focus on applied research to a broad range of current and future techno
On Monday 21 November 2011, the Danish Academy of Technical Sciences – ATV – will be hosting a stakeholder meeting at A.P. Møller-Mærsk on the industry’s demands for the naval architecture and marine engineering educations of the future. The Danish Maritime Fund has tasked the ATV, under the guidanc
Tidal Energy Limited announces that JHW Law Ltd has been awarded the Construction Legal Advisory Services Contract for the demonstration DeltaStream device. The contractor’s scope of work will consist of providing legal contract support services to TEL during operation of the manufacture and constru
The building program of Flensburger Schiffbau-Gesellschaft is on schedule: only about two months after the launching of the “Seatruck Progress”, today yard no. 747 “Seatruck Power” was named and launched into the waters of the Flensburg fjord. She will be followed by two further identical sister ves
Lamprell, a leading provider of diversified engineering and contracting products and services to the onshore and offshore oil & gas and renewables industry, yesterday held the official inauguration ceremony for its main facility in Hamriyah Free Zone, Sharjah, UAE. The event, under the patronage of
National Central University researchers have discovered that the many mud diapirs, or “mud volcanoes,” located on the seabed off Taiwan’s so… (Taiwan Today) [mappress] Source: Taiwan Today, October 28 , 2011;
Today (October 28, 2011) a framework agreement which sets out the terms for the planned asset swap to further expand the successful cooperation has been signed in Ludwigshafen by Alexey Miller, Chairman of the Management Committee of OAO Gazprom, and Dr. Kurt Bock, Chairman of the Board of Executive
Aquaterra Energy has been awarded a fourth contract to supply a High Pressure Drilling Riser in as little as 18 months. The multi-million dollar contract firmly secures Aquaterra as the leading Drilling Riser supplier to the offshore industry. A brand new High Pressure Drilling Riser will be supplie
Aquaterra Energy has been awarded a fourth contract to supply a High Pressure Drilling Riser in as little as 18 months. The multi-million dollar contract firmly secures Aquaterra as the leading Drilling Riser supplier to the offshore industry. A brand new High Pressure Drilling Riser will be supplie
GDF SUEZ E&P Nederland B.V., as the operator, started-up gas production from the G16a-C offshore gas field in the Dutch continental shelf, with a brand new production platform. The G16a-C natural gas field was discovered in 2009 and is located approximately 133 kilometers North East of Den Helder in
On Thursday October 27th at Shipyard Koninklijke Niestern Sander in Delfzijl he launching of m.v. Eeborg (yardnumber 843) took place. Christening and namegiving were done by mrs. Aitkul Samakova.This vessel, with regard to her measurements, is the largest built by KNS on the landside of the dikes. A
EPC Offshore has made a step-change in its management structure with the creation of three dedicated business streams to capitalize on growt… SubseaUK [mappress] Source: SubseaUK, October 28 , 2011;
Sembcorp Marine’s subsidiary Sembawang Shipyard, in a consortium arrangement with PT Scorpa Pranedya, has secured a US$300 million Floating Storage Offloading (FSO) tanker conversion contract from Mobil Cepu Ltd, a subsidiary of Exxon Mobil Corporation, contractor for the Indonesian Oil and Gas Regu
