BP announced today that an arbitral tribunal has ruled that the interim injunction issued to prevent BP’s proposed transaction with Rosneft, which includes Arctic exploration and a share swap transaction, from proceeding should continue. BP will now apply for a determination whether the share swap m
The board of Sevan Marine ASA (“Sevan Marine”) will today submit an application for a listing of Sevan Drilling ASA (“Sevan Drilling”) as an independent company on the main list of the Oslo Stock Exchange. Sevan Marine has decided to organize Sevan Marine’s drilling activities into a new company to
In follow-up to the release no. 3 on March 1, 2011 we are happy to inform that nkt cables Group has appointed Marc van´t Noordende as CEO as per 1 June 2011. Marc van´t Noordende is 52 years old and holds a Law Degree from the University of Leiden, Netherlands, and an MBA from INSEAD […]
Rutter Inc. , t is announcing an order for its Oil Spill Response Radar (OSSR) with a total value of just under $USD 1,000,000. This most recent purchase, expected to be delivered in spring 2011, builds upon the momentum of global interest in the Sigma S6 system. President and CEO, Fraser Edison, sa
In follow-up to the release no. 3 on March 1, 2011 nkt cables Group has appointed Marc van´t Noordende as CEO as per 1 June 2011. Marc van´t Noordende is 52 years old and holds a Law Degree from the University of Leiden, Netherlands, and an MBA from INSEAD Fontainebleau, France. He has extensive int
In follow-up to the release no. 3 on March 1, 2011 nkt cables Group has appointed Marc van´t Noordende as CEO as per 1 June 2011. Marc van´t Noordende is 52 years old and holds a Law Degree from the University of Leiden, Netherlands, and an MBA from INSEAD Fontainebleau, France. He has extensive int
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today approved a fifth deepwater drilling permit that complies with rigorous new safety standards implemented in the wake of the Deepwater Horizon explosion and resulting oil spill. This includes satisfying the requirement to
Hyperdynamics Corporation today announced that it intends, subject to market and other conditions, to offer its shares of common stock pursuant to a shelf registration statement under the Securities Act of 1933, as amended. The Company also intends to grant the underwriter a 45 day option to purchas
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today approved a fifth deepwater drilling permit that complies with rigorous new safety standards implemented in the wake of the Deepwater Horizon explosion and resulting oil spill. This includes satisfying the requirement to
Roc Oil (Bohai) Company, a wholly owned subsidiary of ROC, advises that the existing Petroleum Contract covering the Zhao Dong Block in the Bohai Bay, offshore China, has been modified with the aim of commercialising previous near field discoveries in the area and encouraging further exploration act
Kongsberg Maritime will launch its most advanced underwater digital stills camera at the Ocean Business 2011 technology exhibition in Southampton (Stand N1) on April 5, 2011. The OE14-408 is the latest underwater digital stills camera to be revealed in Kongsberg Maritime’s market-leading portfolio o
Nathalie Normandeau, Quebec’s natural resources minister, and Christian Paradis, her federal counterpart, are to sign an agreement on offshore oil and gas resources that will give Quebec 100 per cent of revenues from the Old Harry site in the Gulf of St. Lawrence. Marie-France Boulay, Normandeau’s p
Kongsberg Maritime will launch its most advanced underwater digital stills camera at the Ocean Business 2011 technology exhibition in Southampton (Stand N1) on April 5, 2011. The OE14-408 is the latest underwater digital stills camera to be revealed in Kongsberg Maritime’s market-leading portfolio o
Plains Exploration & Production Company (“PXP”) announces today it continues to evaluate alternatives to separate its deepwater and onshore businesses, which include separately capitalizing its deepwater business through a joint venture or outside capital and then either spinning-off or divesting th
