Transocean Ltd. issued a monthly Fleet Update Summary covering only newly signed contracts, significant changes to existing contracts and changes to estimated out of service time of 30 days or more for High-Specification Floaters or 60 days or more for all other rigs since the last quarterly Fleet S
Vantage Drilling Company announces that it has taken delivery of the ultra-deepwater drillship, the Platinum Explorer, from Daewoo Shipbuilding and Marine Engineering Co. Ltd. in South Korea. The vessel has set sail from the shipyard in transit to India to commence a five year contract with Oil & Na
The first –ever Maritime by Holland Pavilion with its 2440 square feet will be making its debut at the International WorkBoat Show. 9 Dutch companies will present themselves in the Maritime by Holland Pavilion to the North American shipbuilding industry that comes together at the International WorkB
Maastank is investing €30 million in the expansion of its terminal in the Botlek area. By 2012, the storage capacity for vegetable oils and fats and for chemicals must have doubled to 65,000 m3. The investment sum was announced during the christening of the inland tanker Piz Palü belonging to the Fl
Premier’s 2010 Preliminary Results will be announced on Thursday 24th March 2011. A Trading and Operations Update is planned for Thursday 13th January 2011. HIGHLIGHTS * 2010 production guidance maintained at around 44 kboepd (2009: 44kboepd); we reiterate our targets of 75 kboepd in 2012 rising the
The Norwegian Petroleum Directorate has granted A/S Norske Shell a drilling permit for well 6305/4-2 S, cf. Section 8 of the Resource Management Regulations. Well 6305/4-2 S will be drilled from the West Navigator(photo) drilling facility at position 63°38’ 14.97” north and 5°17’ 54.15” east, after
Rem Offshore ASA has 9 modern vessels in operation. In addition the company has 5 vessels under construction. Rem Offshore ASA had operating revenues of NOK 138.9m in Q3 2010 (NOK 104.5m in Q3 2009). Operating profit before depreciation (EBITDA) in Q3 was NOK 83.7m (NOK 56.5m). Profit after tax in Q
Providence Resources P.l.c. („Providence‟), the AIM and ESM listed exploration and production company, is pleased to provide a status update on its Spanish Point Project, which is located in Frontier Exploration Licence (FEL) 2/04 in the Main Porcupine Basin, offshore western Ireland. The Spanish Po
MEO Australia Limited has received regulatory approval for the transfer of Gascorp Australia Pty Ltd’s (“Gascorp”) 15% equity in exploration permit WA-361-P to MEO’s subsidiary company North West Shelf Exploration Pty Ltd. Following receipt of this approval, MEO has paid Gascorp US$1 million cash to
GE has further expanded its Oil & Gas business’ portfolio capabilities with today’s inauguration of a new $3M investment subsea equipment testing facility in Warsaw, Poland, opened in partnership with the Warsaw Institute of Aviation and Engineering Design Center. The new Warsaw Subsea Test Lab prov
Sembcorp Marine’s subsidiary PPL Shipyard has signed a US$195 million contract to sell a jack-up rig, already under construction, to Transocean Ltd, the world’s largest drilling contractor and the leading provider of drilling management services worldwide. The jack-up rig is based on PPL Shipyard’s
The Board of Directors of Kencana Petroleum Berhad announces that its wholly owned subsidiary, Kencana HL Sdn. Bhd. (“KHL”) has secured contracts from Sarawak Shell Berhad (“SSB”) for the fabrication of compression modules and tie-in modifications (“Contracts”). Under the Contracts, KHL is to undert
Petroleum Geo-Services ASA (“PGS” or the “Company”) has decided to effect a private placement, directed towards professional Norwegian and international investors, after the close of Oslo Børs today. The private placement comprises of up to 19,799,998 new shares, with the price to be determined thro
EBIT rises despite decline in revenue Net result climbs 24.6% to EUR 21.8 million In the period from April 1 to September 30, 2010, REpower Systems AG (WKN 617703) generated a total performance of EUR 515.2 million (previous year: EUR 617 million) and group revenue of EUR 499 million (previous year:
