SeaBird Exploration Limited (‘SeaBird’ or ‘SBX’) provides a contract update regarding its business activities in the 2D and 3D shallow water as set out below; Following completion of a survey in Indonesia next week, Aquila Explorer has been awarded one contract and received a letter of intent for a
Songa Venus achieved operating efficiency of 99% during the month. The rig continues to operate for Total E&P in Australia. Songa Mercur achieved operating efficiency of 40% during the month. As per separate press release sent out 20 January 2011, the BOP and Marine Riser dropped to seabed during th
Schlumberger announced today the release of the SonicScope* 475 multipole sonic-while-drilling service. This new logging-while-drilling (LWD) service provides multipole measurements to consistently and reliably deliver compressional and shear data in all environments. SonicScope 475 is the only serv
The wind energy sector is on an upswing. Installed power worldwide, totalling 203,000 MW in 2010, will rise to 1,900,000 MW in 2020. TÜV SÜD… By Kim Chapman (iewy) [mappress] Source: iewy, February 04, 2011
PTT Exploration and Production Public Company Limited (PTTEP) today (4 February 2011) welcomed the announcement by Australia’s Minister for Resources and Energy, The Hon Martin Ferguson MP, that it can continue its E&P operations in Australia. The Australian Government’s decision recognises PTTEP’s
SeaEnergy (AIM: SEA) today announces that it has agreed a further extension to the terms of an existing loan facility until the earlier of 31 March 2011, or completion of the SeaEnergy Renewables Limited (“SERL”) sale process. The facility is provided by LC Capital Master Fund, Ltd (“LC”), a major s
Diamond Offshore Drilling, Inc. today reported net income for the fourth quarter of 2010 of $241.7 million, or $1.74 per share on a diluted basis, compared with net income of $276.1 million, or $1.98 per share on a diluted basis, in the same period a year earlier. Revenues in the fourth quarter of 2
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wellbore 7220/8-1, cf. Section 8 of the Resource Management Regulations. Well 7220/8-1 will be drilled from the drilling facility Polar Pioneer at position 72o 29` 28.92″ north and 20o 20´ 02.25″ east. The dri
Recognizing the significant commitment Hess has made to workplace safety, the U.S. National Safety Council (NSC) is honoring company Chairman and CEO John Hess among the “2011 CEOs Who Get It” in the February issue of Safety+Health magazine. Each year the publication recognizes CEOs who have made sa
In response to recent media speculation, Wood Group confirms that it is evaluating the possible sale of the Well Support division. These discussions may or may not lead to a transaction. A further announcement will be made if appropriate. Wood Group is a leading international energy services company
National Oilwell Varco, Inc. today reported that for the fourth quarter ended December 31, 2010 it earned net income of $440 million, or $1.05 per fully diluted share. Sequentially, earnings improved nine percent compared to third quarter ended September 30, 2010 net income of $404 million, or $0.96
Cameron reported net income of $164.6 million, or $0.66 per diluted share, for the quarter ended December 31, 2010, compared with net income in the prior year’s fourth quarter of $97.3 million, or $0.41 per diluted share. The fourth quarter 2010 results include after-tax charges of $6.2 million, or
Engineering and construction company Clough Limited confirms details of an offshore contract, awarded in December and referred to via an announcement made by the Company on 20 December 2010. Clough and partner PT Advanced Offshore Services have been awarded a contract by ConocoPhillips for remedial
Anadarko Petroleum Corporation today announced that Bob Daniels, Sr. Vice President, Worldwide Exploration, will present at the Credit Suisse Energy Summit in Vail, Colorado, on Feb. 8, 2011 at 8:45 a.m. Mountain (MST). A link to the webcast presentation will be available at www.anadarko.com. The re
