Cal Dive International, Inc. (NYSE:DVR) reported a first quarter 2011 net loss of $18.7 million, or $.20 per diluted share compared to a net loss of $19.1 million, or $.20 per diluted share for the first quarter 2010. Despite typical winter seasonality, the first quarter 2011 loss before income taxe
Petrobras announces that it presented the annual review of the Integrated Development Master Plan for the Santos Basin Pre-Salt Area (Plansal) to the Board of Directors. The Master Plan is reviewed annually, incorporating information from newly drilled wells and from the implementation of different
Statoil’s first quarter 2011 net operating income was NOK 50.7 billion, a 28% increase compared to NOK 39.6 billion in the first quarter of 2010. The quarterly result was mainly affected by a 33% increase in the average prices for liquids measured in NOK, a 20% increase in average gas prices, and a
At the OTC in Houston Ulstein Sea of Solutions and NLI introduced a new, integrated derrick solution based on existing drilling equipment, readily available in the market. With the development of the ‘Northern Light’ drilling derrick an alternative solution is provided based on proven and well known
Subsea 7 S.A. announces the award of the ’Installation and Commissioning of G1 Field Subsea Production Facilities, Under G-1 & GS-15 Fields Development Project’ from Oil and Natural Gas Corporation Ltd (ONGC). The project involves the transportation and installation of flexible flowlines and umbilic
At the OTC in Houston Ulstein Sea of Solutions and NLI introduced a new, integrated derrick solution based on existing drilling equipment, readily available in the market. With the development of the ‘Northern Light’ drilling derrick an alternative solution is provided based on proven and well known
The newly formed Subsea Radio Users Group, formally launched at the Offshore Technology Conference, Reliant Park, Houston, TX. As a not-for-profit organization headquartered in Houston, TX, the Subsea Radio User Group (or SRUG) will be dedicated to defining the standards and guiding future adoption
The Helix Well Containment Group (HWCG) has announced a significant enhancement to its subsea system capabilities, with the addition of a 15,000 pounds per square inch-gauge (psig) intervention capping stack designed to handle extremely high pressure, deeper wells in the deepwaters of the Gulf of Me
IHC Merwede has announced that is has acquired Hytech on 3 May 2011. This acquisition enables IHC Merwede to further secure its position in the offshore market. IHC Merwede designs and constructs dive support vessels suitable for activities to a depth of 300 metres. Hytech designs the on-board equip
IHC Merwede has announced that is has acquired Hytech on 3 May 2011. This acquisition enables IHC Merwede to further secure its position in the offshore market. IHC Merwede designs and constructs dive support vessels suitable for activities to a depth of 300 metres. Hytech designs the on-board equip
Halliburton’s CleanWave™ water treatment technology was recognized at the 2011 Offshore Technology Conference (OTC) today as an innovative solution leading the industry into the future. Each year, the OTC recognizes innovative technologies with the Spotlight on New Technology Award. The awards progr
During the period 17–18 March 2011, the Petroleum Safety Authority Norway (PSA) conducted an audit of the COSLPioneer facility targeting the marine technology area. The audit was carried out with assistance from the Norwegian Maritime Directorate (Sdir) and is part of the PSA’s processing of COSL Dr
Lamprell , a leading provider of specialist engineering services to the international oil & gas and renewables industry, announces that during the first four months of 2011 orders have been secured from multiple clients to undertake a number of jackup rig upgrade and refurbishment projects, with a c
Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of commercial and… More info: corporate-ir [mappress] Source: corporate-ir, May 3, 2011;
