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Business & Finance

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Australia: Apache to Start Drilling 1st Exploration Well in WA-388-P in April
Business & Finance

Australia: Apache to Start Drilling 1st Exploration Well in WA-388-P in April

Oilex Ltd provides the following operations update for WA-388-P in offshore Western Australia. Apache Northwest Pty Ltd (“Apache”), the Operator of the WA-388-P permit, has proposed to the Joint Venture to start drilling the first exploration well in WA-388-P in April 2011. The well will target the

about 15 years ago
Transocean Ltd. Board of Directors Recommends New Director (Switzerland)
Business & Finance

Transocean Ltd. Board of Directors Recommends New Director (Switzerland)

Transocean Ltd. announced that the Board of Directors is recommending that the company’s shareholders approve at the 2011 Annual General Meeting the election of Steve Lucas as a Class III Director for a three-year term. Mr. Lucas is the retired Group Finance Director of National Grid plc and has pre

about 15 years ago
Eni Restarts Operations at Gawain-1 Well, Offshore Western Australia
Business & Finance

Eni Restarts Operations at Gawain-1 Well, Offshore Western Australia

Octanex N.L. has been advised by Eni Australia Limited, the Operator of the Gawain-1 well located in the outer Exmouth Plateau permit, WA-362-P, that at 07:00 hours WST (Western Standard Time) on Wednesday, 2 March 2011, the Saipem 10000 drillship had re-commenced operations after having to wait on

about 15 years ago
Bluefin Robotics Awarded $30M for Hull Unmanned Underwater Vehicle Localization System (USA)
Business & Finance

Bluefin Robotics Awarded $30M for Hull Unmanned Underwater Vehicle Localization System (USA)

Bluefin Robotics, a leader in the design and manufacturing of Autonomous Underwater Vehicles (AUVs), is being awarded a $30 million contract modification to exercise option III for the Explosive Ordnance Disposal Hull Unmanned Underwater Vehicle Localization Systems (HULS) production systems. The HU

about 15 years ago
Hoang Long JOC Starts Drilling Development Well at TGT Prospect, Offshore Vietnam
Business & Finance

Hoang Long JOC Starts Drilling Development Well at TGT Prospect, Offshore Vietnam

SOCO International has been informed by the Hoang Long Joint Operating Company (“JOC”), the Operator of Block 16-1 in the Cuu Long Basin offshore Vietnam, that it has completed drilling of the four “batch” drilled development wells, and commenced drilling an eighth development well on the Te Giac Tr

about 15 years ago
EGS Completes Submarine Cable System Between Seychelles and Tanzania
Business & Finance

EGS Completes Submarine Cable System Between Seychelles and Tanzania

Alcatel-Lucent Submarine Networks awarded EGS the landing site visits, inshore survey and offshore geophysical survey of the Seychelles East African Submarine cable system linking Port Victoria in the Seychelles to Dar es Salam in Tanzania . The SEAS system is the first fiber optic telecommunication

about 15 years ago
Belgium: Ackermans & Van Haaren Announces Annual Results 2010
Business & Finance

Belgium: Ackermans & Van Haaren Announces Annual Results 2010

The Board of Directors of Ackermans & van Haaren NV announces that the consolidated net result (part of the group) increased by 37% to… More info: Ackermans & van Haaren [mappress] Source: Ackermans & van Haaren, March 3, 2011

about 15 years ago
Ocean Energy 2011 Conference Returns to Brussels (Belgium)
Business & Finance

Ocean Energy 2011 Conference Returns to Brussels (Belgium)

Ocean Energy 2011 will return to Brussels on 22-23 June 2011. Following on from last year’s successful inaugural event, the EU-OEA and Green Power Conferences have teamed up again to offer attendees an unparalleled opportunity to connect with the leading technology developers, policy makers, industr

about 15 years ago
USA: EPL Picks Phoenix to Explore Deeper Depths within Prolific East Bay Field
Business & Finance

USA: EPL Picks Phoenix to Explore Deeper Depths within Prolific East Bay Field

Energy Partners, Ltd. (EPL or the Company) )reported it has executed an exploration agreement (EB Deep Exploration Agreement) with Phoenix Exploration Company LP (Phoenix) to explore deeper depths within the Company’s 100% owned East Bay field. The EB Deep Exploration Agreement covers the prospectiv

about 15 years ago
FMC Technologies Awarded USD125 Million Order From Petrobras (Brazil)
Business & Finance

FMC Technologies Awarded USD125 Million Order From Petrobras (Brazil)

FMC Technologies announced that it has received a $125 million order from Petrobras , Brazil’s national oil company, to supply equipment for use in their oil and gas developments offshore Brazil. The order, for 32 subsea trees, represents the remaining equipment under a 107-tree frame agreement that

about 15 years ago
Kosmos Energy Discovers Oil at Enyenra-2A Appraisal Well, Offshore Ghana
Business & Finance

Kosmos Energy Discovers Oil at Enyenra-2A Appraisal Well, Offshore Ghana

Kosmos Energy announces today that the company’s Enyenra-2A appraisal well has confirmed a downdip extension of the light oil field discovered by the Owo-1 (renamed Enyenra) exploration well drilled in 2010 offshore the Republic of Ghana on the Deepwater Tano Block. The Enyenra-2A well encountered o

about 15 years ago
Switzerland: Transocean BoD Nominates Steve Lucas as Clas III Director
Business & Finance

Switzerland: Transocean BoD Nominates Steve Lucas as Clas III Director

Transocean Ltd. ,one of the world’s largest offshore drilling contractors, today announced that the Board of Directors is recommending that the company’s shareholders approve at the 2011 Annual General Meeting the election of Steve Lucas as a Class III Director for a three-year term. Mr. Lucas is th

about 15 years ago
FMC Technologies to Supply Petrobras with Subsea Equipment for Offshore Brazil Programs
Business & Finance

FMC Technologies to Supply Petrobras with Subsea Equipment for Offshore Brazil Programs

FMC Technologies today that it has received a $125 million order from Petrobras , Brazil’s national oil company, to supply equipment for use in their oil and gas developments offshore Brazil. The order, for 32 subsea trees, represents the remaining equipment under a 107-tree frame agreement that was

about 15 years ago
USA: Cal Dive Announces Net Loss of USD 315 Million for Fiscal 2010
Business & Finance

USA: Cal Dive Announces Net Loss of USD 315 Million for Fiscal 2010

Cal Dive International, Inc. reported a net loss for fiscal 2010 of $315.8 million and $3.47 per diluted share. This compares to net income of $76.6 million and $.81 per diluted share for fiscal 2009. The 2010 net loss includes $302.5 million ($3.32 per diluted share) in non-cash impairment charges

about 15 years ago
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