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Business & Finance

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Wood Group Completes Acquisition of Production Services Network Limited (UK)
Business & Finance

Wood Group Completes Acquisition of Production Services Network Limited (UK)

Wood Group, the international energy services company, confirms the completion of the acquisition of Production Services Network Limited (“PSN”). Bob Keiller has been appointed as executive director of Wood Group and CEO of the combined Wood Group PSN production services business. No further disclos

about 15 years ago
USA: Schlumberger Posts 1Q 2011 Revenue of USD 8.72 Billion
Business & Finance

USA: Schlumberger Posts 1Q 2011 Revenue of USD 8.72 Billion

Schlumberger Limited today reported first-quarter 2011 revenue of $8.72 billion versus $9.07 billion in the fourth quarter of 2010 and $5.60 billion in the first quarter of 2010. Net income attributable to Schlumberger, excluding charges, was $972 million—a decrease of 16% sequentially but an increa

about 15 years ago
Pacific Drilling Receives On-Time Delivery of its Pacific Scirocco Drillship (USA)
Business & Finance

Pacific Drilling Receives On-Time Delivery of its Pacific Scirocco Drillship (USA)

Pacific Drilling received on-time delivery of its newest drillship, the Pacific Scirocco. The Pacific Scirocco, which is scheduled to complete its final rig readiness testing over the coming month, is equipped with some of the most current technology including dual activity drilling capabilities and

about 15 years ago
UK: Ensco Announces 1Q 2011 Revenues of USD 362 Million
Business & Finance

UK: Ensco Announces 1Q 2011 Revenues of USD 362 Million

Ensco plc reported diluted earnings per share from continuing operations of $0.45 for first quarter 2011, compared to $1.12 per share in first quarter 2010. There were no discontinued operations in first quarter 2011. Earnings from discontinued operations in first quarter 2010 were $0.21 per share t

about 15 years ago
Pacific Drilling Takes Delivery of New Drillship from Samsung Heavy, South Korea
Business & Finance

Pacific Drilling Takes Delivery of New Drillship from Samsung Heavy, South Korea

Pacific Drilling received on-time delivery of its newest drillship, the Pacific Scirocco. The Pacific Scirocco, which is scheduled to complete its final rig readiness testing over the coming month, is equipped with some of the most current technology including dual activity drilling capabilities and

about 15 years ago
Wärtsilä Signs Contract to Deliver New Ship Design for MPSV for Bumi Armada (Malaysia)
Business & Finance

Wärtsilä Signs Contract to Deliver New Ship Design for MPSV for Bumi Armada (Malaysia)

Wärtsilä, the marine industry’s leading solutions provider, has signed a contract with Nam Cheong Dockyard of Miri, Malaysia, which will build a Wärtsilä Ship Design (WSD) multi-purpose platform supply vessel (MPSV). This WSD 800 MPSV is the first in a new series of Wärtsilä designs being marketed a

about 15 years ago
USA: Noble Corporation Expects Contract Drilling Revenues to Improve in 2011
Business & Finance

USA: Noble Corporation Expects Contract Drilling Revenues to Improve in 2011

Noble Corporation today reported first quarter 2011 earnings of $54 million, or $0.21 per diluted share, versus $99 million, or $0.39 per diluted share, for the fourth quarter of 2010. First quarter 2011 results include a one-time after-tax net gain of $0.06 per diluted share related to the previous

about 15 years ago
Malaysia: Nam Cheong Dockyard to Build WSD 800 MPSV for Bumi Armada
Business & Finance

Malaysia: Nam Cheong Dockyard to Build WSD 800 MPSV for Bumi Armada

Wärtsilä, the marine industry’s leading solutions provider, has signed a contract with Nam Cheong Dockyard of Miri, Malaysia, which will build a Wärtsilä Ship Design (WSD) multi-purpose platform supply vessel (MPSV). This WSD 800 MPSV is the first in a new series of Wärtsilä designs being marketed a

about 15 years ago
RWE Dea Wins Two New Licences Offshore Norway
Business & Finance

RWE Dea Wins Two New Licences Offshore Norway

RWE Dea Norge has been awarded two licences in the recent licensing round by the Norwegian Government. This further strengthens the company’s long-term commitment on the Norwegian Shelf. RWE Dea was awarded a 30% share in the license PL609 in the Barents Sea and a 15% share in the license PL596 in t

about 15 years ago
Cape Wind Lacks Buyer for 50 pct of Power (USA)
Business & Finance

Cape Wind Lacks Buyer for 50 pct of Power (USA)

Cape Wind cleared its final regulatory hurdle yesterday but remains only halfway to its green-energy goal with no other utility yet… By Donna Goodison (bostonherald) [mappress] Source: bostonherald, April 21, 2011;

about 15 years ago
Samson Synthetic Slings Helps in Subsea Hardware Installations (USA)
Business & Finance

Samson Synthetic Slings Helps in Subsea Hardware Installations (USA)

Samson high-performance synthetic slings helped Technip install subsea hardware at Petrobras’ Cascade & Chinook project. Installing two pump…. (marinelink) [mappress] Source:marinelink , April 21, 2011;

about 15 years ago
UK: Wood Group Acquires Production Services Network Ltd
Business & Finance

UK: Wood Group Acquires Production Services Network Ltd

Wood Group, the international energy services company, confirms the completion today of the acquisition of Production Services Network Limited (“PSN”). Bob Keiller has today been appointed as executive director of Wood Group and CEO of the combined Wood Group PSN production services business. In con

about 15 years ago
Hydrex Team Repairs Stern Tube Seal and Propeller on Docked Vessel in New York (USA)
Business & Finance

Hydrex Team Repairs Stern Tube Seal and Propeller on Docked Vessel in New York (USA)

Last week a Hydrex diver/technician team replaced three seals on a 180-meter tanker berthed in New York while concurrently cropping two of its propeller blades to restore balance to the propeller. The team mobilized from the Hydrex office in Tampa together with all the equipment they needed for the

about 15 years ago
CGGVeritas Acquires Petrodata Consulting LLC (France)
Business & Finance

CGGVeritas Acquires Petrodata Consulting LLC (France)

CGGVeritas purchased Petrodata Consulting LLC, a Moscow-based company offering static and dynamic reservoir modelling, reserve estimation and risking, and field development services to the international oil and gas industry. The acquisition of Petrodata further strengthens the reservoir services of

about 15 years ago
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