Hercules Offshore, Inc. and Seahawk Drilling, Inc. announced today the completion of the asset purchase and sale previously disclosed on February 11, 2011. In accordance with the terms of the Asset Purchase Agreement, Hercules Offshore will acquire 20 jackup rigs located in the U.S. Gulf of Mexico a
OceanWorks International welcomes Robert Keith to their team in the position of General Manager. Acting as General Manager, Robert’s primary function will be to promote the company’s deepwater engineering, fabrication, and operational capabilities. Robert has worked in the offshore underwater servic
Royal Dutch Shell’s first quarter 2011 earnings, on a current cost of supplies (CCS) basis , were $6.9 billion compared with $4.9 billion a year ago. Basic CCS earnings per share increased by 40% versus the same quarter a year ago. Cash flow from operating activities for the first quarter 2011 was $
The Norwegian Petroleum Directorate (NPD) will carry out acquisition of 2D seismic data in the waters around Jan Mayen this summer. The acquisition activity will start around 10 June and will last up to three months. Last fall, the Norwegian government resolved that an impact assessment would be mad
Trelleborg will showcase its vast product portfolio for the offshore industry at this year’s Offshore Technology Conference May 2-5 in Houston. The oil and gas industry is a key focus for Trelleborg . The Sealing Solutions,Offshore and Industrial Hose businesses will demonstrate a number of new tech
Hercules Offshore, Inc. and Seahawk Drilling, Inc. announced the completion of the asset purchase and sale previously disclosed on February 11, 2011. In accordance with the terms of the Asset Purchase Agreement, Hercules Offshore will acquire 20 jackup rigs located in the U.S. Gulf of Mexico and rel
The Tillamook Intergovernmental Development Entity (TIDE) is part of a group filing a pre-application for a $625,000 federal grant to… By Samantha Swindler (tillamookheadlightherald) [mappress] Source: tillamookheadlightherald, April 28, 2011
On 27 April the Petroleum Safety Authority Norway (PSA) presented its 2010 report regarding the risk level on the Norwegian shelf (RNNP). The report is largely in line with Statoil’s own reports regarding health, safety and environment on the shelf. “This report is important for us. It shows where w
Oceaneering International, Inc reported first quarter earnings for the period ended March 31, 2011. On revenue of $470.4 million, Oceaneering generated net income of $42.1 million, or $0.77 per share. During the corresponding period in 2010, Oceaneering reported revenue of $435.2 million and net inc
Polarcus Limited announces that the Company has received a Letter of Intent for a 3D offshore seismic acquisition project for an undisclosed client. The project, subject to the execution of a service contract, will commence in Q2 2011 and is expected to run for approximately 100 days. As a result of
Polarcus Limited has received a Letter of Intent for a 3D offshore seismic acquisition project for an undisclosed client. The project, subject to the execution of a service contract, will commence in Q2 2011 and is expected to run for approximately 100 days. As a result of this announcement the Comp
Marine and engineering company SeaRoc, part of the Natural Power group, has today announced the successful appointment of four new team members who bring with them a wealth of industry experience from the Renewables Industry, combined with wider knowledge from the oil & gas and other offshore sector
The Norwegian Petroleum Directorate (NPD) will carry out acquisition of 2D seismic data in the waters around Jan Mayen this summer. The acquisition activity will start around 10 June and will last up to three months. Last fall, the Norwegian government resolved that an impact assessment would be mad
Enviro Voraxial Technology, Inc. announced today that the Company will display and demonstrate its Voraxial® Separators at the Offshore Technology Conference (OTC 2011) on May 2 – May 5 in Houston, Texas at Booth #7618. OTC is the world’s foremost event for the development of offshore energy resourc