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Business & Finance

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India: Reliance Obeys Order to Cut Gas Supply to Non-Core Users
Business & Finance

India: Reliance Obeys Order to Cut Gas Supply to Non-Core Users

Falling in line with an Oil Ministry order, Reliance Industries on Monday cut natural gas supplies to non-core users like refineries and … The Hindu [mappress] Source:The Hindu , May 9, 2011;

about 15 years ago
Singapore: Sembcorp Marine Announces 1Q Net Profit of USD 150.6 Million
Business & Finance

Singapore: Sembcorp Marine Announces 1Q Net Profit of USD 150.6 Million

Sembcorp Marine achieved a net profit of $150.6million in 1Q 2011. This was 1.2% higher as compared with $148.8 million for the corresponding period in 2010. This increase was attributable mainly to improved margins driven by higher operational efficiency and productivity gains through execution of

about 15 years ago
UK: Buzzard Platform Operates at Reduced Rates Due to Cooling System Issue, Nexen Says
Business & Finance

UK: Buzzard Platform Operates at Reduced Rates Due to Cooling System Issue, Nexen Says

Nexen advises that its Buzzard platform in the North Sea, is operating at reduced rates due to problems with the platform’s cooling system. A permanent solution has been identified and production is expected to be variable until the repairs are completed this summer. The Buzzard field is located in

about 15 years ago
Oceaneering Announces New Appointments to its Board of Directors (USA)
Business & Finance

Oceaneering Announces New Appointments to its Board of Directors (USA)

Oceaneering International, Inc. announced that its Board of Directors, on May 6, 2011, appointed M. Kevin McEvoy, 60, as President and Chief Executive Officer. Mr. McEvoy was also elected as a Class II Director of the Board of Directors, with a term that is scheduled to expire at Oceaneering’s 2012

about 15 years ago
Expro Receives RoSPA Award (UK)
Business & Finance

Expro Receives RoSPA Award (UK)

Leading international oilfield services company Expro has once again received an award from the Royal Society for the Prevention of Accidents in recognition of its safety record. Expro has been commended in the Oil & Gas Industry Sector of the annual 2011 RoSPA safety awards; making it the seventh y

about 15 years ago
Australia: Nexus Energy Enters Deal with Wood Group for Crux Liquids Project
Business & Finance

Australia: Nexus Energy Enters Deal with Wood Group for Crux Liquids Project

Nexus Energy Limited announces that it has executed an agreement with the Wood Group for project management services in relation to the Crux liquids project. Wood Group is a leading worldwide Engineering and Project Management services provider, having around 34,000 employees, with core strengths in

about 15 years ago
Norway: Farstad Lands Multiple Charter Deals Worth USD 75.8 Million
Business & Finance

Norway: Farstad Lands Multiple Charter Deals Worth USD 75.8 Million

Farstad Shipping, a major international supplier of large, modern offshore support vessels, has been awarded the following charter contracts: AHTS Far Sound (2007, UT 712L, 16.000 BHP), AHTS Far Sword (2006, UT 712L, 16.000 BHP) and AHTS Far Scimitar (2008, UT 712L, 16.000 BHP) have been contracted

about 15 years ago
The Netherlands: OSD Holland to Design AHT Vessel for Neptune Marine Service
Business & Finance

The Netherlands: OSD Holland to Design AHT Vessel for Neptune Marine Service

Offshore Ship Designers is to design a new compact but powerful AHT offshore support vessel for Netherlands-based Neptune Marine Service BV. The order follows a recent contract for the design of two Azistern24/56 tugs for Singapore-based Pacific Offshore Engineering and Trading Pte. The key to both

about 15 years ago
Norway: Dolphin Group Bolsters its Presence in Seismic Market with 2 New Charters
Business & Finance

Norway: Dolphin Group Bolsters its Presence in Seismic Market with 2 New Charters

Dolphin Group ASA (Dolphin) experience a strong demand for its services and target to expand in a strong seismic market with the objective to position themselves as a recognized and effective geophysical company. As part of this growth strategy, Dolphin have entered into long term charter agreements

about 15 years ago
Norway: Dolphin Increases Seismic Vessel Fleet with M/V Artemis Arctic and M/V Artemis Atlantic
Business & Finance

Norway: Dolphin Increases Seismic Vessel Fleet with M/V Artemis Arctic and M/V Artemis Atlantic

Dolphin to charter M/V Artemis Arctic and M/V Artemis Atlantic * Time-Charter from Artemis Shipping AS the 3D Vessel Artemis Arctic for 5 years and the 2D ice class long offset vessel Artemis Atlantic for 4 years * Purchase of existing Multi Client data and developed projects for USD 3,3 million * T

about 15 years ago
EFC Group Announces Significant Order Growth in USA
Business & Finance

EFC Group Announces Significant Order Growth in USA

Headquartered in Aberdeen, Scotland, EFC Group announces significant order growth for its Houston office and US-based manufacturing capabilities. The Americas region of EFC Group, a leading designer and manufacturer of Handling, Control, Instrumentation, and Monitoring Systems for the global oil and

about 15 years ago
EFC Group’s U.S. Office Records Significant Growth in Orders
Business & Finance

EFC Group’s U.S. Office Records Significant Growth in Orders

Headquartered in Aberdeen, Scotland, EFC Group announces significant order growth for its Houston office and US-based manufacturing capabilities. The Americas region of EFC Group, a leading designer and manufacturer of Handling, Control, Instrumentation, and Monitoring Systems for the global oil and

about 15 years ago
UK: Expro Wins Prestigious Award from Royal Society for the Prevention of Accidents
Business & Finance

UK: Expro Wins Prestigious Award from Royal Society for the Prevention of Accidents

Leading international oilfield services company Expro has once again received an award from the Royal Society for the Prevention of Accidents in recognition of its safety record. Expro has been commended in the Oil & Gas Industry Sector of the annual 2011 RoSPA safety awards; making it the seventh y

about 15 years ago
Xodus Group, Mos Baker Team Up to Launch XMOS in Lagos, Nigeria
Business & Finance

Xodus Group, Mos Baker Team Up to Launch XMOS in Lagos, Nigeria

International energy consultancy Xodus Group today joined forces with Nigerian company Mos Baker to launch a brand new operation in Lagos called XMOS. XMOS brings integrated field development and front end services to the African oil and gas markets with an initial focus on three divisions, process

about 15 years ago
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