Dril-Quip, Inc. announced that J. Mike Walker has retired and is stepping down from his positions as Chairman of the Board and Chief Executive Officer and as a member of the Board effective immediately. As a result of Mr. Walker’s retirement, the board of directors has appointed John V. Lovoi as C
Diamond Offshore Drilling, Inc. yesterday reported net income for the third quarter of 2011 of $256.9 million, or $1.85 per share on a diluted basis, compared with net income of $198.5 million, or $1.43 per share on a diluted basis, in the same period a year earlier. Revenues in the third quarter of
NOAA has selected Oregon State University (OSU) to continue a federal/academic research partnership that extends NOAA’s ability to study marine resources in the Pacific Northwest. The award means that NOAA will continue funding the Cooperative Institute for Marine Resource Studies (CIMRS), which was
Dril-Quip, Inc. yesterday announced that J. Mike Walker has retired and is stepping down from his positions as Chairman of the Board and Chief Executive Officer and as a member of the Board effective immediately. As a result of Mr. Walker’s retirement, the board of directors has appointed John V.
On the morning of Oct. 21st, 2011, the Delivery Ceremony of COSLINNOVATOR was successfully held in Yantai. It is the second deep water semi-submersible drilling platform built by Yantai CIMC Raffles Offshore Ltd. (hereafter refers to CIMC Raffles) for COSL Drilling Europe AS (hereafter refers to CDE
Norwegian Energy Company (Noreco) has entered into an agreement to sell its 20 percent share of license PL435 on Haltenbanken to OMV (Norge) AS. License PL435 contains the gas discovery Zidane-1 which was made in 2010. This discovery is estimated to contain between 5 and 18 billion standard cubic me
BlueView Technologies has been commissioned to develop the first full ocean depth (11,000 meters), multibeam imaging sonar systems for historic exploration projects by Virgin Oceanic and film director, National Geographic Explorer in Residence James Cameron (Avatar). The new imaging sonar systems wi
ATWOOD OCEANICS, INC. announced yesterday the appointment of Phil D. Wedemeyer to its Board of Directors and to the Chair of its Audit Committee. Mr. Wedemeyer recently retired from Grant Thornton LLP, an international accounting firm, where he had served as a partner since August 2007. Previously,
On the morning of Oct. 21st, 2011, the Delivery Ceremony of COSLINNOVATOR was successfully held in Yantai. It is the second deep water semi-submersible drilling platform built by Yantai CIMC Raffles Offshore Ltd. (hereafter refers to CIMC Raffles) for COSL Drilling Europe AS (hereafter refers to CDE
Bahamas Petroleum, the oil and gas exploration company with offshore licence permits in The Commonwealth of The Bahamas, announces the acquisition phase of its 3D seismic programme has been completed. Earlier in the year, the Company announced it had raised £43.3m net of costs to pursue its technica
Statoil ASA , together with partners Petoro AS, Det norske oljeselskap ASA and Lundin Norway AS, has confirmed significant additional volumes in its appraisal well in the Aldous Major South discovery (PL265) in the North Sea. The results of appraisal well 16/2-10 have increased production license PL
Crystal Cruises of the NYK Group has been awarded three Travel Weekly magazine Magellan Awards for this year’s redesign of its largest ship, Crystal Serenity. Given for top design in the luxury cruise ship category, Crystal Serenity earned Gold Awards for both its Penthouses and Non-Suite Staterooms
Statoil has received consent for temporary use of Volve with the Navion Europa vessel for storage of oil. The consent is valid through 31 October 2011. Statoil has previously received consent for temporary use of Volve with Navion Europa through 15 October 2011. This new consent entails an extension
Havila Shipping announces results for 3rd quarter 2011. Summary * Havila Shipping ASA achieved a profit before tax of NOK -4.1m in Q3 2011, compared with NOK 9.8m in Q3 last year. Year to date, the profit before tax was NOK -82.3m, compared with NOK 118.2m at 30/09/2010. * Total operating income was
