Lamprell , a leading provider of specialist engineering services to the international oil & gas and renewable industry based in the UAE, announces its Interim Results for the six month period ended 30 June 2011. H1 2011 FINANCIAL RESULTS Revenue: US$ 383.6 million up 102.6% (H1 2010: US$ 189.3 milli
BW Offshore reports an EBITDA of USD 86.9 million in the second quarter of 2011 compared to USD 75.6 million in the previous quarter. Adjusted for currency hedges, the EBITDA in Q2 2011 was USD 93.4 million. The increase is mainly due to the contribution from the FPSO BW Pioneer. Including ongoing c
NaiKun Wind Energy Group Inc. (the “Company” or “NaiKun Wind”) announced its financial results for the three months ended June 30, 2011, a fiscal period during which the Company maintained the expenditure level achieved through its restructuring and continued to progress the new strategies it began
Pipe laying operations at the South Pars gas field phases 15 and 16 is near completion, the manager of the SP phases 15 and 16, Abolqasem Noubakhti said. He went on to say that, pipe laying of the phase 16 with 115 kilometers length have been completed while the work in phase 15 is going […]
Solstad Offshore ASA (SOFF) has signed a contract with Ocean Installer AS (OI.II) for hire of SOFF’s offshore construction vessel (CSV) “Normand Clipper”. The duration of the contract is firm for 5 years with further 5 x 1 year option. Commencement is expected to be during second quarter of 2012. Th
The newest additions to the U.S. Geological Survey’s fleet of large research vessels will be dedicated and delivered at a formal shipbuilding ceremony in Cleveland on Wednesday. Anne Castle, U.S. Department of the Interior Assistant Secretary for Water and Science, and Marcia McNutt, USGS Director,
Veson Nautical, the premier provider of maritime commercial management and trading software solutions, yesterday announced that Dampskibsselskabet NORDEN A/S, has purchased Veson Nautical’s Integrated Maritime Operations System (IMOS). Veson Nautical’s IMOS software will now manage chartering, opera
Solstad Offshore ASA (SOFF) has signed a contract with Ocean Installer AS (OI.II) for hire of SOFF’s offshore construction vessel (CSV) “Normand Clipper”. The duration of the contract is firm for 5 years with further 5 x 1 year option. Commencement is expected to be during second quarter of 2012. Th
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, has signed a further two year frame work agreement with Applied Drilling Technology International (‘ADTI’), the turnkey drilling division
Seatec recently received an order for the design, fabrication and delivery of special purpose Turbine Tents (6 pcs). These units will be used by an offshore institute measuring gasflow on the seabed. Each unit is equipped with a high-end sampler unit. All units will be loadtested (750kg) prior to de
Petrofac, the international oil & gas facilities service provider, announces that its Offshore Engineering & Operations (OE&O) business has been awarded two North Sea contracts by GDF SUEZ E&P UK Ltd (“GDF SUEZ E&P UK”). Valued at £30 million over three years with an additional two year option, the
C & C Technologies, Inc., the worldwide leader in deepwater autonomous underwater vehicle (AUV) operations, announces that its AUV fleet has… (gisuser) [mappress] Source: gisuser, August 30, 2011;
Shares in struggling Neptune Marine Services jumped at the open after the company revealed late yesterday its board had rejected a … By PETER WILLIAMS, The West Australian [mappress] Source:The West Australian, August 30, 2011;
The Australian Maritime College is celebrating 10 years of cutting-edge hydrodynamic research at the Model Test Basin, and a function was held on Tuesday, 23 August to mark the occasion. Past and present AMC staff members involved with the creation and ongoing development of the facility attended, a