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Business & Finance

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Emerson Opens New Facility in China
Business & Finance

Emerson Opens New Facility in China

Emerson announces the opening of an Engineering and Development Center within the recently expanded Asia Flow Technology Center operated by Emerson Process Management in Nanjing, China. By facilitating local development of innovative products in Asia, Emerson will strengthen the company’s capabiliti

about 15 years ago
USA: Steven Bradshaw Joins BoD of Vantage Drilling Company
Business & Finance

USA: Steven Bradshaw Joins BoD of Vantage Drilling Company

Vantage Drilling Company (“Vantage”) yesterday reported a change in the composition of its Board of Directors. On April 8, 2011, Hsin-Chi Su informed the Board of Directors (the “Board”) of Vantage that effective upon the appointment of Steven Bradshaw to the Board, he would resign from the Board an

about 15 years ago
USA: KBR Announces New Appointments to its Executive Team
Business & Finance

USA: KBR Announces New Appointments to its Executive Team

KBR yesterday announced the executive appointments of Roy Oelking, Dennis Calton and John Rose within its leadership organization. Roy Oelking has been appointed Group President, KBR Hydrocarbons responsible for the company’s four hydrocarbon business units: Downstream, Gas Monetization, Oil & Gas,

about 15 years ago
Neptune Announces Sale of Neptune Trident Vessel (Australia)
Business & Finance

Neptune Announces Sale of Neptune Trident Vessel (Australia)

Neptune Marine Services Limited announced that its wholly owned Singapore subsidiary, Neptune Marine Pacific Pte Ltd (Neptune Pacific), has signed a Memorandum of Agreement with PT Wintermar, of the Indonesian listed PT Wintermar Offshore Marine group, for the sale of the Neptune Trident vessel. Und

about 15 years ago
UK: Ithaca Provides Operational Update. Reports Setback at Jacky Production Well
Business & Finance

UK: Ithaca Provides Operational Update. Reports Setback at Jacky Production Well

Ithaca Energy Inc. announces an update on drilling operations and certain operational setbacks at Beatrice and Jacky. Both of the downhole electrical submersible pumps (“ESP”) in the Jacky production well, J01, have developed electrical faults under routine operations. Immediate plans are in effect

about 15 years ago
TGS Completes Acquisition of Stingray (Norway)
Business & Finance

TGS Completes Acquisition of Stingray (Norway)

Reference is made to stock exchange release on 11 April 2011 regarding the TGS acquisition of Stingray Geophysical Limited. The transaction was completed on 18 April 2011 and all outstanding shares were transferred with effect from the same date. TGS-NOPEC Geophysical Company (TGS) provides global g

about 15 years ago
Norway: TGS Completes Acquisition of Stingray
Business & Finance

Norway: TGS Completes Acquisition of Stingray

TGS-NOPEC, geophysical Company that provides global geoscience data products and services to the oil and gas industry for the exploration and delineation of hydrocarbon reserves has completed the acquisition of Stingray. The transaction was completed on 18 April 2011 and all outstanding shares wer

about 15 years ago
Australia: Neptune Sells Multi Role Construction & Support Vessel
Business & Finance

Australia: Neptune Sells Multi Role Construction & Support Vessel

Neptune Marine Services Limited today announced that its wholly owned Singapore subsidiary, Neptune Marine Pacific Pte Ltd (Neptune Pacific), has signed a Memorandum of Agreement with PT Wintermar, of the Indonesian listed PT Wintermar Offshore Marine group, for the sale of the Neptune Trident vesse

about 15 years ago
Wintershall Becomes Operator of Two New Licences Offshore Norway
Business & Finance

Wintershall Becomes Operator of Two New Licences Offshore Norway

The Norwegian Ministry of Petroleum and Energy has assigned Wintershall Norge two new licenses in the 21st Licensing Round. Wintershall is the operator of both licences. A total of 24 production licenses were awarded on the Norwegian Continental Shelf (NCS), 12 in the Barents Sea and 12 in the Norwe

about 15 years ago
Schilling Robotics Delivers Three New ROV Systems to Subsea 7 (UK)
Business & Finance

Schilling Robotics Delivers Three New ROV Systems to Subsea 7 (UK)

Schilling Robotics, LLC, experts in subsea systems, announced the award of new contracts for ROV systems from Subsea 7. A total of three (3) new ROV systems will be supplied for delivery in Q2 2011, including one (1) 150hp, 3,000m rated ACV ROV system and two (2) 150hp, 3,000m rated HD™ ROV systems.

about 15 years ago
Aker Solutions Wins Subsea Contract Extensions (Norway)
Business & Finance

Aker Solutions Wins Subsea Contract Extensions (Norway)

Aker Solutions has received notification that Statoil has exercised options for the engineering, procurement and construction of three subsea work-over systems for use on the Norwegian Continental Shelf. Aker Solutions estimates the contract value of these three extensions to be a total of approxima

about 15 years ago
Norway: Aker Solutions Wins EPC Contract from Statoil for 3 Subsea Work-Over Systems
Business & Finance

Norway: Aker Solutions Wins EPC Contract from Statoil for 3 Subsea Work-Over Systems

Aker Solutions has received notification that Statoil has exercised options for the engineering, procurement and construction of three subsea work-over systems for use on the Norwegian Continental Shelf. Aker Solutions estimates the contract value of these three extensions to be a total of approxima

about 15 years ago
Offshore Wind Talk Hannover Wrap-up (Germany)
Business & Finance

Offshore Wind Talk Hannover Wrap-up (Germany)

The highly successful 64th annual Hannover Messe trade show drew to a close last Friday in Germany at the largest exhibition center in the world. Before heading back to the States, AWEA Director of Business Development Jeff Anthony participated in one of the 60 educational sessions offered for Messe

about 15 years ago
UK: Subsea 7 Selects Schilling Robotics’ ROVs to Support its Offshore Operations
Business & Finance

UK: Subsea 7 Selects Schilling Robotics’ ROVs to Support its Offshore Operations

Schilling Robotics, LLC, experts in subsea systems, announced today the award of new contracts for ROV systems from Subsea 7. A total of three (3) new ROV systems will be supplied for delivery in Q2 2011, including one (1) 150hp, 3,000m rated ACV ROV system and two (2) 150hp, 3,000m rated HD™ ROV sy

about 15 years ago
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