Nexus Energy Limited announces that it has executed an agreement with McDermott Asia Pacific Pte. Ltd. (“McDermott”) to perform engineering and strategy review of the Crux liquids project. Under this agreement, Nexus has the right to review McDermott’s initial works by the end of June 2011. If this
Nexus Energy Limited announces that it has executed an agreement with McDermott Asia Pacific Pte. Ltd. to perform engineering and strategy review of the Crux liquids project. Under this agreement, Nexus has the right to review McDermott’s initial works by the end of June 2011. If this review is sati
Auto maker Volkswagen plans a major shift towards green energy by investing in wind farms and selling the electricity as part of a … (thelocal) [mappress] Source: thelocal, May 13, 2011
Auto maker Volkswagen plans a major shift towards green energy by investing in wind farms and selling the electricity as part of a … (thelocal) [mappress] Source: thelocal, May 13, 2011
Helix Energy Solutions Group, Inc. announced that it has promoted Cliff Chamblee to Executive Vice President – Contracting Services. Helix’s Contracting Services divisions include the Subsea Construction, Well Operations and Robotics business units. Mr. Chamblee co-founded Canyon Offshore, Inc in 19
Dolphin Geophysical AS announced the christening of M/V Polar Duke at the GMC Shipyard, Stavanger on 30th April 2011. Many attended the special occasion, which launched the flagship vessel of Dolphin Geophysical AS. Mrs Kari Hus Arnesen kindly assumed the position of Godmother to the vessel. M/V Pol
Statoil has received consent for extended use of the facilities on the Norne field beyond design life up to and including 31 December 2021. Norne is an oil field belonging to production licence 128. The field is located in the Norwegian Sea in blocks 6608/10 and 6608/11, and came online in November
Ocean Rig UDW Inc. (“Ocean Rig”), a global provider of offshore deepwater drilling services announced it was awarded contracts for the Ocean Rig Corcovado and the Ocean Rig Mykonos by Petróleo Brasileiro S.A. (“Petrobras”) for drilling offshore Brazil. The term of each contract is 1095 days, with a
GC Rieber Shipping is optimistic about the further development in 2011. “All the company’s vessels are now on relatively long contracts, which will contribute to solid and stable earnings going forward. In addition, we consider the outlook to be good in our market segments from 2012”, says CEO Irene
The Petroleum Safety Authority Norway (PSA) has granted BP Norge AS consent to carry out manned underwater operations (MUO). The consent relates to diving in connection with the projects ”Valhall Re-Development” (VRD) and ”Skarv Diving 2011”. The work has a planned duration of approx. 14 days both o
Incoming Woodside Petroleum Ltd chief executive Peter Coleman says the oil and gas giant won’t revisit an onshore processing option for … From Yahoo! [mappress] Source:Yahoo , May 13, 2011;
Financial Highlights Q1 2011 • Revenues of USD 89 million (Q4 2010: USD 123 million); • EBITDA of USD 29 million (Q4 2010: USD 42 million); • Operating margin of 32% (Q4 2010: 41% adjusted); • Adjusted net loss of USD 3.7 million before a non-cash charge of USD 4.2 million relating to the sale [&hel
The Petroleum Safety Authority Norway (PSA) has granted BP Norge AS consent to carry out manned underwater operations (MUO). The consent relates to diving in connection with the projects ”Valhall Re-Development” (VRD) and ”Skarv Diving 2011”. The work has a planned duration of approx. 14 days both o
Helix Energy Solutions Group, Inc. announced today that it has promoted Cliff Chamblee to Executive Vice President – Contracting Services. Helix’s Contracting Services divisions include the Subsea Construction, Well Operations and Robotics business units. Mr. Chamblee co-founded Canyon Offshore, Inc
