Tidewater Inc. announced that fiscal second quarter financial results for the three months ended September 30, 2010, are estimated to be between $0.35 – $0.40 on a fully diluted per share basis. Although Tidewater does not provide its own earnings forecast or endorse forecasts prepared by others, it
Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic Margin, the North Sea and Norway,announces that it has agreed to acquire an 18.0% interest in the Blane oil field (“Blane Interest”) from ENI UK Limite
Desire Petroleum plc , the oil and gas company wholly focused on the North Falkland Basin, provides an update on the drilling progress to date on the Rachel 14/15-1Z sidetrack well. The well is currently at 3,000 metres progressing towards the expected measured total depth of around 3,418 metres. De
Prosafe SE has sold 6,716,396 shares in BWO and Prosafe Holding Ltd has sold 23,733,764 shares in BWO for a price of NOK 12.65 (USD $ 2,16) per share. After this sale, Prosafe SE and Prosafe Holding Ltd do not hold any shares in BWO. Prosafe SE is an owner/operator of semi-submersible accommodation
Prime Minister David Cameron has announced a massive cash injection to support the UK’s renewable energy drive as part of the Government’s… (clickgreen) [mappress] Source: clickgreen, October 26, 2010;
Production from the Apache-operated Van Gogh Field has resumed. Apache Corp and Inpex Corp had unexpectedly shut an oil production unit at their Van Gogh oilfield offshore Western Australia for repairs on October 19. [mappress] Source: Apache Corp, October 26, 2010;
Yantai CIMC Raffles Offshore Limited (“CIMC Raffles”) , a comprehensive offshore solution provider capable of design, construction and commissioning of large offshore equipment and special vessels, today delivered semisubmersible drilling rig (“COSLPioneer”) to China Oilfield Services Limited. The C
During the period 16-19 August 2010, the Petroleum Safety Authority Norway (PSA) carried out an audit of Statoil Petroleum AS’ (Statoil) facilitation of future efficient and sound handling of materials on the Troll A facility. The audit activity was carried out through a start-up meeting at Statoil’
The following operational statement concerns Cairn’s 2010 exploration drilling campaign offshore Greenland. All operations concluded at the end of the drilling season as agreed with the Greenland Bureau of Minerals and Petroleum (BMP) and the Stena Forth and Stena Don rigs have been released off con
Technip has been awarded by GNPC(1) a lump sum contract for phase 1 of the Natural Gas Transportation and Processing project, 60 kilometers offshore Ghana. The contract covers the engineering, welding and installation of a 14 kilometer-long rigid steel flowline(2) as well as the engineering, fabrica
The Humber region should be a “frontrunner” for funds announced in the Comprehensive Spending Review to develop renewable energy at port… (lowcarboneconomy) [mappress] Source: lowcarboneconomy, October 26, 2010;
Foster Wheeler AG announced today that Umberto della Sala, 62, has been named Interim Chief Executive Officer, effective October 22. Mr. della Sala fills the CEO position vacated by Robert C. Flexon, who left the company on October 22 to pursue other interests. The company has begun an external sear
Gamesa, a world leader in wind energy technology, intends to choose the United Kingdom as the worldwide centre of its offshore wind energy business, and plans to invest up to 150 million euros there by 2014. The offshore industrial plan, which Gamesa plans to implement beginning in 2011 in the UK, c
Gamesa, a world leader in wind energy technology, intends to choose the United Kingdom as the worldwide centre of its offshore wind energy business, and plans to invest up to 150 million euros there by 2014. The offshore industrial plan, which Gamesa plans to implement beginning in 2011 in the UK, c
