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Business & Finance

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ConocoPhillips Picks FMC Technologies for $75 Million Ekofisk Job (Norway)
Business & Finance

ConocoPhillips Picks FMC Technologies for $75 Million Ekofisk Job (Norway)

FMC Technologies, Inc. announced today that its subsidiary, FMC Kongsberg Subsea AS, has signed an agreement with ConocoPhillips Scandinavia AS for the manufacture and supply of subsea equipment and services for a water injection development in the Ekofisk field. The award has a base value of approx

about 15 years ago
Maersk Group Delivers Best Result Ever
Business & Finance

Maersk Group Delivers Best Result Ever

Maersk Group today presents a profit of USD 5 billion. “Our people have done a truly great job,” says Group CEO Nils S. Andersen. In 2011, the Group will focus on expanding business and maintaining high profitability. Thanks to increased competitiveness and a rebound in the global economy, the Group

about 15 years ago
Petrobras Acquires 50% Interest in Block 4 Offshore Benin
Business & Finance

Petrobras Acquires 50% Interest in Block 4 Offshore Benin

Petrobras acquired a 50% interest in Block 4, located on the coast of Benin, a country located on the west coast of Africa, with the Compagnie des Hydrocarbures Beninoise (CBH), a subsidiary of Petroleum Lusitania, which stays with the remaining 50%. The expectation is to find light oil discoveries

about 15 years ago
Bluefin Robotics Corporation Announces Regional Partnership with International Industries III (USA)
Business & Finance

Bluefin Robotics Corporation Announces Regional Partnership with International Industries III (USA)

Bluefin Robotics Corporation, a leader in the design and manufacturing of Autonomous Underwater Vehicles (AUVs), has announced a regional partnership with International Industries, Inc. (III), provider of marine, hydrographic and survey equipment and software. Headquartered in Annapolis, Maryland, I

about 15 years ago
Cal Dive Awarded Pemex Subsea Pipeline Installation Contract (USA)
Business & Finance

Cal Dive Awarded Pemex Subsea Pipeline Installation Contract (USA)

Cal Dive International, Inc. announced that it has been awarded a contract by Pemex Exploración y Producción for the installation of a 20″ inch subsea pipeline located in the Abkatun Field in 24 meters of water. The lump sum contract will generate total revenue of approximately $24 million and will

about 15 years ago
Mexico: Cal Dive Wins Pipeline Installation Contract from Pemex
Business & Finance

Mexico: Cal Dive Wins Pipeline Installation Contract from Pemex

Cal Dive International, Inc. announced today that it has been awarded a contract by Pemex Exploración y Producción for the installation of a 20″ inch subsea pipeline located in the Abkatun Field in 24 meters of water. The lump sum contract will generate total revenue of approximately $24 million and

about 15 years ago
Teesside Struggles to Become UK Renewable Hub
Business & Finance

Teesside Struggles to Become UK Renewable Hub

Chain Reaction, the cluster of organisations representing Teesside’s growing renewable energy sector and its associated supply chain, held a strategy meeting in Middlesbrough on Friday (18th February) to discuss key issues and determine how the group should develop moving forwards. The Cluster, cons

about 15 years ago
Teesside Struggles to Become UK Renewable Hub
Business & Finance

Teesside Struggles to Become UK Renewable Hub

Chain Reaction, the cluster of organisations representing Teesside’s growing renewable energy sector and its associated supply chain, held a strategy meeting in Middlesbrough on Friday (18th February) to discuss key issues and determine how the group should develop moving forwards. The Cluster, cons

about 15 years ago
Wilhelmsen Ships Service Opens New Liferaft Exchange Service Station in Darwin, Australia
Business & Finance

Wilhelmsen Ships Service Opens New Liferaft Exchange Service Station in Darwin, Australia

In Wilhelmsen Ships Service’s continued expansion of its liferaft service station network, the company is opening a new Liferaft Exchange (LRE) service station in Darwin, NT. The station will be fully operational from March 2011. “The Darwin LRE station will be the first for the company in Oceania a

about 15 years ago
USA: Great Lakes Dredge & Dock Corporation Reports Record 2010 Full Year Results
Business & Finance

USA: Great Lakes Dredge & Dock Corporation Reports Record 2010 Full Year Results

Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition services, today reported financial results for the quarter and year ended December 31, 2010. President & Chief Financial Officer Bruce Bi

about 15 years ago
Providence Plans Multi-Year, Multi-Well Drilling Offshore Ireland
Business & Finance

Providence Plans Multi-Year, Multi-Well Drilling Offshore Ireland

Providence Resources P.l.c. (“Providence‟), the Irish oil and gas exploration and production company, whose shares are listed in London (AIM) and Dublin (ESM), provides an operational update on its activities across its two frontier exploration licences (FEL 2/04 & FEL 4/08) in the Main Porcupine Ba

about 15 years ago
Norwegian Petroleum Directorate Moves to New Building
Business & Finance

Norwegian Petroleum Directorate Moves to New Building

Today, 22 February, Stavanger mayor Leif Johan Sevland opened the Norwegian Petroleum Directorate’s new building in Stavanger. When he congratulated the NPD on the new building, he emphasised how important it is that the NPD and its employees have suitable working conditions, so they can do the best

about 15 years ago
BP to Divest Package of UK Upstream Assets
Business & Finance

BP to Divest Package of UK Upstream Assets

BP announced today the intention of selling its interests in a number of operated oil and gas fields in the UK. The assets involved are the Wytch Farm onshore oilfield in Dorset and all of BP’s operated gas fields in the Southern North Sea, including associated pipeline infrastructure and the Dimlin

about 15 years ago
Energy Secretary Chris Huhne Welcomes Eco Projects in Bristol (UK)
Business & Finance

Energy Secretary Chris Huhne Welcomes Eco Projects in Bristol (UK)

Some of Bristol’s most innovative environmental projects were showcased during a visit by a top Government minister. By Marc Rath (thisisbristol) [mappress] Source: thisisbristol ,February 22, 2011

about 15 years ago
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