Further to the Golar LNG Energy (“Golar Energy”) announcement on October 12, 2012 that Golar Energy had been selected by PT Nusantara Regas, a joint venture between Pertamina and PGN, as the successful bidder for the provision of the West Java Floating Storage Regasification Terminal (“West Java FSR
Oil States International, Inc. announced today that Oil States Industries, its wholly owned subsidiary headquartered in Arlington, Texas, was awarded contracts valued at approximately $29 million by FloaTEC de Mexico S.A. for tendon mooring equipment for a tension leg platform (TLP) located in the C
Orion Marine Group, Inc., a leading heavy civil marine contractor, today reported net income for the three months ended September 30, 2010, of $7.1 million or $0.26 diluted earnings per share (based on 27,094,326 diluted shares outstanding). These results compare to net income of $5.4 million or $0.
Tidewater Inc. announced second quarter net earnings for the period ended September 30, 2010, of $19.4 million, or $0.38 per share, on revenues of $267.1 million. For the same quarter last year, net earnings were $98.2 million, or $1.90 per share, inclusive of a $34.3 million, or $0.66 per common sh
GE Oil & Gas’ drilling & production business has been awarded two contracts totaling more than $120 million by Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME) of South Korea, one of the world’s leading specialized shipbuilding and offshore contractors. Under the first contract, GE will supp
MEO Australia Limited provides an update to the anticipated timeframe for receiving the Songa Venus semi-submersible drilling rig from Shell, the current Operator. The latest advice from Shell is that the rig is expected to be handed over to MEO on or about midday (Western Standard Time) on 11th Nov
Cairn Energy PLC (“Cairn”) announces that its wholly-owned subsidiary Capricorn Energy Limited (“Capricorn”) has today entered into a conditional sale and purchase agreement (“SPA”) with Santos International Holdings Pty Limited (“Santos”). Pursuant to the SPA, Santos will acquire the entire issued
SeaBird is to announces a Q3 report with an EBITDA of USD 7.9 million. • The OBN operation with Hugin Explorer and Kondor Explorer was successfully completed for Chevron North Sea Limited west of Shetland well within schedule 12 August 2010. A new survey for Shell Nigeria Exploration & Production Co
Statoil has submitted an application for new production licences in the Barents Sea and the Norwegian Sea in the 21st licensing round on the Norwegian continental shelf (NCS). Awards are expected in the spring of 2011. A total of 51 blocks have been announced in the Barents Sea and 43 blocks in the
Acergy S.A. announced today the award of a contract valued at approximately $50 million from Dana Petroleum PLC on the Medway Development Project in the Dutch sector of the North Sea. This contract is for the tieback of two subsea wells and the associated dedicated flowlines and umbilicals from the
Tap Oil Limited provides the following update on the Manora-4 appraisal well, in concession area G1/48, Gulf of Thailand. Location / Proposed Depth The Manora-4 well is located in the northern Gulf of Thailand in 45 metres of water, approximately 75 kilometres from shore and 230 kilometres south of
In October Cargotec has secured EUR 10 million order from the Sinopacific Group in China for the supply of a further 16-shipsets of anchor-handling systems for BOURBON’s newbuildings. The shipsets will be delivered between April 2011 and February 2012. This contract follows an order placed in June t
The board of directors of Spectrum ASA has appointed Rune Eng as new President & CEO for Spectrum ASA. Rune Eng will take over the CEO position in the course of the 4th quarter of 2010. Mr. Eng has broad experience in the seismic industry and has served in different executive positions with Petroleu
For the three months ended September 30, 2010, Rowan Companies, Inc. generated net income of $67.2 million or $0.57 per share, compared to $78.4 million or $0.69 per share in the third quarter of 2009. Revenues were $437.9 million in the third quarter of 2010, compared to $393.4 million in the third
