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Business & Finance

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UK: BG Group Welcomes Andrew Gould to its Board
Business & Finance

UK: BG Group Welcomes Andrew Gould to its Board

BG Group has today announced the appointment of Andrew Gould as a Non-Executive Director with effect from 1st June 2011. Commenting on the appointment, BG Group Chairman Sir Robert Wilson said: “Andrew has extensive experience of the international oil and gas industry and a background which is highl

about 15 years ago
BMT Fleet Technology Announces Appointment of Dr. Gordon Fleming as President (Canada)
Business & Finance

BMT Fleet Technology Announces Appointment of Dr. Gordon Fleming as President (Canada)

BMT Fleet Technology Ltd, a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, announces the appointment of Dr Gordon Fleming as President. A former Canadian Naval Officer, Gordon has over 30 years of experience in the aerospace and d

about 15 years ago
Norway: Statoil Submits Fast-Track Development Plan for Hyme
Business & Finance

Norway: Statoil Submits Fast-Track Development Plan for Hyme

Statoil submitted a plan for development and operation (PDO) for Hyme (formerly Gygrid) in the Norwegian Sea to the Norwegian Ministry of Petroleum and Energy (MPE). First oil is scheduled for the first quarter of 2013. The Hyme PDO is the fourth fast-track development plan submitted to the MPE this

about 15 years ago
The Netherlands: Offshore Solutions B.V. Reaches Milestone with 2500th OAS Installation
Business & Finance

The Netherlands: Offshore Solutions B.V. Reaches Milestone with 2500th OAS Installation

Offshore Solutions B.V. (OSBV), the joint venture between AMEC and Cofely Nederland N.V., has announced another significant achievement in the operation of the Offshore Access System (OAS). Installed on the GDF SUEZ E&P Nederland B.V. (GSEPN) chartered vessel, REM Mermaid, the OAS has successfully a

about 15 years ago
Norway: Statoil Submits Plan for Hyme Fast-Track Development
Business & Finance

Norway: Statoil Submits Plan for Hyme Fast-Track Development

Statoil today, 12 May, submitted a plan for development and operation (PDO) for Hyme (formerly Gygrid) in the Norwegian Sea to the Norwegian Ministry of Petroleum and Energy (MPE). First oil is scheduled for the first quarter of 2013. The Hyme PDO is the fourth fast-track development plan submitted

about 15 years ago
Cameroon: Bowleven Preparing for Sapele-2 Testing Program
Business & Finance

Cameroon: Bowleven Preparing for Sapele-2 Testing Program

Bowleven, the West Africa focused oil and gas exploration group traded on AIM announces that the Sapele-2 well drilling in the Douala Basin, offshore Cameroon has encountered a total of approximately 35 metres of independently log evaluated net hydrocarbon-bearing pay in the Omicron objectives based

about 15 years ago
CTC Marine’s Volantis Vessel en Route to South Korea to Carry Out Jet Trenching Operations with UT-1
Business & Finance

CTC Marine’s Volantis Vessel en Route to South Korea to Carry Out Jet Trenching Operations with UT-1

CTC Marine’s multi-role support vessel Volantis has successfully completed cable replacement work at EMEC (European Marine Energy Centre)… (subseauk) [mappress] Source: subseauk ,May 12, 2011;

about 15 years ago
Japan: Kojimagumi Equipped with World’s Heaviest Hydraulic Grab Bucket
Business & Finance

Japan: Kojimagumi Equipped with World’s Heaviest Hydraulic Grab Bucket

Kojimagumi Co., Ltd. in Japan has just equipped with the world’s heaviest grab bucket of capacity 106m3 and of self-weight 477 tons to its dredger. The cutting force is world top class 990 tons. The durability is enforced by adopting new cooling system and special steel for edge of the bucket. Grabb

about 15 years ago
Spain: Repsol Quarterly Income Hits EUR 765 Million
Business & Finance

Spain: Repsol Quarterly Income Hits EUR 765 Million

Repsol posted net income of 765 million euros in the first quarter of 2011, 11.2% more than the year-earlier period. Excluding extraordinary items, recurring net income improved 23.4%, to 791 million euros. The 2011 earnings increase is mainly due to improved oil and gas price realization prices, wi

about 15 years ago
Financial Cuts in Offshore Sector Jeopardize Employment Opportunities Says Tom Hopkinson (UK)
Business & Finance

Financial Cuts in Offshore Sector Jeopardize Employment Opportunities Says Tom Hopkinson (UK)

Tom Hopkinson, Managing Director of renewable recruitment experts Taylor Hopkinson Associates in Glasgow, has warned that reducing… (industrytoday) [mappress] Source: industrytoday, May 12, 2011;

about 15 years ago
Australia: Woodside Names New Chief Executive Officer
Business & Finance

Australia: Woodside Names New Chief Executive Officer

The Board of Woodside has appointed Peter Coleman as the company’s Chief Executive Officer and Managing Director. Mr Coleman will succeed Don Voelte, who announced last October that he intended to retire from Woodside after more than seven years with the company. Mr Coleman will take up his appointm

about 15 years ago
Deep Sea Supply Reports First Quarter Results (Cyprus)
Business & Finance

Deep Sea Supply Reports First Quarter Results (Cyprus)

Deep Sea Supply reports consolidated revenues of MUSD 24.0 in 1Q 2011 compared to MUSD 26.1 in 1Q 2010. Total operating costs in 1Q 2011 were MUSD 21.9 compared to MUSD 17.4 in 1Q 2010. This resulted in EBITDA of MUSD 2.0 in 1Q 2011. Net financial items were negative MUSD 9.4, including unrealized c

about 15 years ago
PSA Norway Identifies Regulatory Nonconformities at Skarv FPSO
Business & Finance

PSA Norway Identifies Regulatory Nonconformities at Skarv FPSO

The Petroleum Safety Authority Norway (PSA) conducted an audit of BP at the Aker Solutions Stord yard on 6-7 April 2011. The audit targeted the offloading system for shuttle tankers on Skarv FPSO. The audit identified a number of nonconformities in relation to regulatory requirements. Background The

about 15 years ago
TGS Starts Multi-client 3D Seismic Acquisition in Moray Firth, Off UK Coast
Business & Finance

TGS Starts Multi-client 3D Seismic Acquisition in Moray Firth, Off UK Coast

TGS commences the second season of multi-client 3D seismic acquisition in the Moray Firth, offshore United Kingdom. The survey, MF11, will add over 2,500 km2 of new 3D data to the previous project area announced last June. The M/V Oceanic Challenger will acquire the MF11 survey. Data collection is s

about 15 years ago
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