Sierra Rutile Limited is pleased to announce the appointment today of a consortium of experienced consultants headed by the Snowden Group, and including CPG Resources – Mineral Technologies and Titan Salvage, to conduct an extensive study of options to optimize and expand the operations of Sierra Ru
DP World Limited has today received shareholder approval to undertake a 1 for 20 share consolidation. The share consolidation will take place prior to the commencement of trading on Thursday 19 May 2011. The Board believes that undertaking a 1 for 20 share consolidation will better position DP World
VMI is proud to announce the introduction of its new self-propelled horizontal dredge; the MD-822-SP. The MD-822-SP uses a unique patent-pending auger drive system to maneuver and position the dredge during operation. The auger drive system is mounted directly behind the horizontal cutter head to pr
Alpine Ocean Seismic Survey, a provider of marine surveying and data collection services, announces the launch of the multi-use research vessel, the R/V Shearwater. With the addition of this new vessel, Alpine can now further expand its offerings of turnkey data collection and other surveying servic
Alpine Ocean Seismic Survey, a provider of marine surveying and data collection services, announces the launch of the multi-use research vessel, the R/V Shearwater. With the addition of this new vessel, Alpine can now further expand its offerings of turnkey data collection and other surveying servic
Intertek METOC has completed its involvement in the BritNed Interconnector project, which went into operation on 1st April 2011. Intertek METOC were marine project managers during the feasibility and planning stages for the High Voltage Direct Current (HVDC 1000MW) cable, connecting the electricity
Songa Offshore SE (“Songa”) reports total comprehensive income for the first quarter of 2011 of USD 25.1 million. Operating revenue for the first quarter was USD 140.7 million. This includes mobilization and demobilization revenue of USD 1.0 million. Total expenses for the first quarter were USD 90.
Enviro Voraxial Technology, Inc. announced today that it has received a purchase order for a Voraxial® 4000 Separator. The Voraxial, which has already been shipped to the customer, will be used to process and clean reclaimed oil from commercial and industrial use. EVTN is experiencing record revenue
Coastal Energy Company announces the successful results of the Bua Ban North B-02 exploration well. The Bua Ban North B-02 well was drilled to 6,513 feet TVD and encountered 62 feet of net pay in the Miocene objective with 26% average porosity. The B-02 well also tested the Eocene interval and encou
Gazprom accomplished connection of the Dzhubga – Lazarevskoye – Sochi gas pipeline offshore and onshore sections. The Bigfoot 1 pipe-laying vessel performed a tie-in operation (welding two sections of the pipeline) near the Kudepsta settlement. The same operations were previously performed near th
Demonstrating its commitment to expanding its state of the art U.K. manufacturing presence, GE’s Oil & Gas business has officially opened a new wireline manufacturing and headquarters facility in Farnborough, Hampshire, United Kingdom. The facility brings the GE Oil & Gas—Downhole Technology platfor
Gazprom accomplished connection of the Dzhubga – Lazarevskoye – Sochi gas pipeline offshore and onshore sections. The Bigfoot 1 pipe-laying vessel performed a tie-in operation (welding two sections of the pipeline) near the Kudepsta settlement. The same operations were previously performed near the
Odyssey Marine Exploration, Inc. pioneers in the field of deep-ocean shipwreck exploration, has reported results for the first quarter ended March 31, 2011. Revenue for the first quarter 2011 was $2.1 million, compared to $2.9 million in the first quarter 2010. The Company also reported a net loss o
Fugro, Dutch company that provides geotechnical, survey and geoscience services to oil, gas, mining and construction industries, recorded the growth in revenue that commenced in the second half of 2010 continued, as expected, in the first months of 2011. This was despite somewhat lower utilisation o
