Helix Energy Solutions Group, Inc. reported net income of $41.3 million, or $0.39 per diluted share, for the second quarter of 2011 compared with a net loss of $85.6 million, or $(0.82) per diluted share, for the same period in 2010, and net income of $25.9 million, or $0.24 per diluted share, in th
TGS has commenced the acquisition of an extension of its multi-client 3D seismic data in the Hoop Fault Complex area of the Barents Sea. This extension is to the west of the previously announced industry funded Hoop Fault Complex survey and will add 3,391 km2 to the existing data in the area. Upon c
The Tritech Super SeaPrince DST Sonar is designed specifically for survey, observation and light work class ROV. The Super SeaPrince sets new standards in sonar technology; its advanced composite transducer and CHIRP signal processing generates images of unprecedented clarity and resolution In line
BP yesterday announced that it has been awarded two deepwater exploration and production blocks by the Government of the Republic of Trinidad and Tobago. BP was awarded a 100 per cent interest in blocks 23(a) and TTDAA 14, both in deepwater frontier acreage offshore Trinidad’s east coast, under prod
Chevron Corporation and NASA’s Jet Propulsion Laboratory (JPL) announced today the formation of an alliance to develop a range of technologies to improve the production and recovery of oil and natural gas resources. The alliance’s initial focus is to develop a wide range of technologies—including po
Celebrating 25 years of innovative design, leading naval architects BMT Nigel Gee will be exhibiting at the 21st Monaco Yacht Show in September within the Superyacht UK Pavilion. This will be the company’s sixth year of exhibiting at this prestigious event which will see the world’s largest sailing
TGS has commenced the acquisition of an extension of its multi-client 3D seismic data in the Hoop Fault Complex area of the Barents Sea. This extension is to the west of the previously announced industry funded Hoop Fault Complex survey and will add 3,391 km2 to the existing data in the area. Upon c
Magellan Petroleum Corporation and Santos have now finalized discussions regarding an appropriate resolution of all remaining issues relating to the non-closure of the Evans Shoal transaction. The Company and Santos have agreed that $10 million of the sums deposited in connection with the Evans Shoa
Tap Oil Limited provides the following update on its Manora Oil Development in the Gulf of Thailand. Tap’s Managing Director/CEO Troy Hayden said: “The Manora development is a highly significant project for Tap. It is expected to more than triple our existing reserves toward the end of 2011 and deli
Nordex SE is preparing for a change of CEO. The chief executive officer Thomas Richterich will be handing over responsibility to an as yet unnamed successor and will not renew his contract again, which will expire on June 30, 2012. As a result, Richterich will be leaving Nordex in his tenth year on
Nordex SE is preparing for a change of CEO. The chief executive officer Thomas Richterich will be handing over responsibility to an as yet unnamed successor and will not renew his contract again, which will expire on June 30, 2012. As a result, Richterich will be leaving Nordex in his tenth year on
DP World’s global portfolio of container terminals has continued to build on the excellent start to 2011 with the momentum continuing into the second quarter. Gross volumes for the first six months of the year were 26.2 million TEU or 11% ahead of the prior year. This performance was driven by stron
Chevron Corporation and NASA’s Jet Propulsion Laboratory (JPL) announced today the formation of an alliance to develop a range of technologies to improve the production and recovery of oil and natural gas resources. The alliance’s initial focus is to develop a wide range of technologies—including po
Dominion Diving recently mobilized on onboard the vessel “RollingStone”, to complete the remaining subsea work for the natural gas development–The Deep Panuke Project. Over the next five weeks, Dominion Diving will be working with Tideway to provide free fly ROV services for the ‘Deep Panuke Rock Pl
