Noble Corporation announced that the Company has secured a Letter of Intent (“LOI”) with a subsidiary of Royal Dutch Shell plc for the 12,000 foot ultra-deepwater semisubmersible Noble Jim Day to operate in the U.S. Gulf of Mexico. Under the terms contemplated by the LOI, the effective date of the c
Paris hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Nicolas Sarkozy, President of France. The parties considered cooperation between Russia and France in the energy sector placing a special emphasis on the progress with joint projects of Gazpr
Origin Energy Limited (“Origin”) today reported that Underlying EBITDA was up 16 per cent to $818 million on the prior corresponding period. Importantly, Underlying EBITDA before exploration expenses was $915 million, up 26 per cent and Group operating cash flow after tax of $794 million was up 87 p
Ensco plc reported diluted earnings per share from continuing operations of $0.90 for fourth quarter 2010, compared to $1.40 per share in fourth quarter 2009. Earnings from discontinued operations were $0.03 per share in the fourth quarter, compared to $0.06 per share a year ago. Diluted earnings pe
Children visiting the Pittsburgh Zoo & PPG Aquarium’s Open Oceans tank are now helping researchers at the Carnegie Mellon University’s Robotics Institute… (ibtimes) [mappress] Source: ibtimes ,February 24, 2011;
Aminex PLC announces that it has now received formal approval from the Tanzanian Ministry of Energy and Minerals to acquire an additional 15% working interest from Key Petroleum Ltd. (“Key”) in the Nyuni East Songo-Songo Production Sharing Agreement (“Nyuni PSA”) offshore Tanzania. The agreement wit
Siem Offshore As has agreed to acquire a large-size PSV of VS 485-design. The investment will be done through the 51% owned subsidiary Siem Meling Offshore DA at a price of NOK 345 million (USD 61.3 million) . The vessel will be partly financed by a debt facility of NOK 262 million. The vessel [&hel
Saratoga Resources, Inc. (the “Company”) announced that it has resumed production from its Little Bay Field in Saint Mary Parish, Louisiana. The resumption of production from the field follows completion of a workover on the A0311 #1 well and reactivation of the associated gas sales pipeline. Initia
Global Industries is showcasing its new heavy lift/pipelay vessel Global 1200, at the Subsea Tieback Forum and Exhibition (SSTB) in San Antonio, Feb 22-24. (fuelfix) [mappress] Source: fuelfix ,February 24, 2011;
Rolls-Royce, the global power systems company, has been awarded a contract by STX OSV Trading to supply technologically advanced anchor handling systems. The equipment will be installed on three vessels operated by offshore services company Norskan for use in deep water oil and gas fields off the co
FMC Technologies, Inc. announced that Tore Halvorsen, Senior Vice President, Global Subsea Production Systems, will participate in a panel discussion at the following event: Event: DnB NOR Markets Annual Oil, Offshore and Shipping Conference DnB NOR Headquarters Stranden 21, Aker Brygge 0021 Oslo No
Seadrill reports fourth quarter and preliminary 2010 results: Highlights Seadrill generates fourth quarter 2010 EBITDA of US$618 million Seadrill reports fourth quarter 2010 net income of US$268 million and earnings per share of US$0.61 after adverse accounting impact of US$145 million (US$0.35 per
Endeavour International Corporation announces that its wholly owned subsidiary, Endeavour Energy U.K. Ltd., has received all the approvals necessary to finalize the acquisition of an additional 20% working interest in the Bacchus field in the North Sea from Shell U.K. Limited. As a result of the tra
Endeavour International Corporation today announces that its wholly owned subsidiary, Endeavour Energy U.K. Ltd., has received all the approvals necessary to finalize the acquisition of an additional 20% working interest in the Bacchus field in the North Sea from Shell U.K. Limited. As a result of t
