Specialists from TMK, the global producer of pipes for the oil and gas industry, took part in lowering a tubing string with Premium-class threaded connections into a well of more than 2.5 kilometers deep, situated on LUKOIL’s Yury Korchagin oil deposit in the Caspian Sea. The pipes were produced at
Noble Corporation today announced that a subsidiary has exercised its first option with Hyundai Heavy Industries Co. Ltd. (“HHI”) for the construction of an additional ultra-deepwater drillship, the third such drillship to be ordered this year subject to the parties executing a definitive constructi
Stolt-Nielsen Limited announced that it has acquired through one of its subsidiaries a non-controlling interest in Seaweed Energy Solutions AS (“SES”), an alternative energy start-up focused on the development of bioethanol and biogas production from the sustainable large-scale cultivation of seawee
Sterling Resources Ltd. is pleased to announce the successful drilling of appraisal well 42/13a-6 in the Breagh Field located in the United Kingdom Southern North Sea. Sterling holds a 30% interest in the Breagh field, with RWE Dea, the operator holding the remaining 70% interest. The well was drill
China CSSC Holdings (600150) plans to raise up to four billion yuan from a private placement of 60 million shares at not less than 66.33… (capitalvue) [mappress] Source: capitalvue, March 04, 2011
China CSSC Holdings (600150) plans to raise up to four billion yuan from a private placement of 60 million shares at not less than 66.33… (capitalvue) [mappress] Source: capitalvue, March 04, 2011
With about 120 pounds of gear on their backs, the wetsuit-clad divers knew they must react quickly… (augusta) [mappress] Source: augusta ,March 04, 2011;
Financing for the Nord Stream project is secured: Today, the company together with its shareholders in the consortium, OAO Gazprom, E.ON Ruhrgas AG, BASF SE/Wintershall Holding GmbH, N.V. Nederlandse Gasunie, and GDF SUEZ S.A. announced the successful signing of Phase II financing of the pipeline pr
Osiris Marine Services, one of the UK’s leading subsea engineering organisations has invested £200,000 into new head quarters at Crossings Business Park in Skipton, North Yorkshire following an impressive period of company and equipment base growth over the past 18 months. The deal sees Osiris take
Osiris Marine Services, one of the UK’s leading subsea engineering organisations has invested £200,000 into new head quarters at Crossings Business Park in Skipton, North Yorkshire following an impressive period of company and equipment base growth over the past 18 months. The deal sees Osiris take
Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASAš, has entered into a Letter of Award for the provision of the semi-submersible Borgsten Dolphin (photo left) with an undisclosed client for a four well drilling programme with an approximately six month duration and commencement early Apri
Power conversion specialist Converteam has announced that it has been selected to supply major elements of electrical equipment for a 1MW tidal turbine known as HS1000. The contract awarded by Hammerfest Strøm UK Ltd includes the subsea generator and the shore based systems including a power convert
In February, EMGS extended its water-depth record by towing an EM source at a depth of 3,449 m. The survey is part of the long-term work EMGS is performing for PEMEX in the Gulf of Mexico. Markus Skarø, EMGS Vice President of Acquisition, says, “The new record is 57 m deeper than our previous [&hell
Turnover rises to EUR 1,578 million, net profit EUR 165 million, company financially very healthy, order portfolio stands at EUR 1.9 billion, new investment programme of EUR 1 billion. 2010 turned out to be an excellent year for Van Oord. A solid level of capacity utilisation, both staff and equipme
