Great Lakes Dredge & Dock Corporation today announced that it will release its financial results for the three and nine months ended September 30, 2010 on Tuesday, November 2, 2010 at 7:00 a.m. CDT. A conference call with the Company will be held the same day at 9:00 a.m. CDT. The call in number is
BG Group (60%) today announced that the Pweza-1 exploration well, located in Block 4 approximately 85 kilometres offshore southern Tanzania and in a water depth of 1 400 metres, has demonstrated the presence of a working hydrocarbon system after encountering gas-bearing sands. In May 2010, BG Group
Schlumberger Limited today reported third-quarter 2010 revenue of $6.85 billion versus $5.94 billion in the second quarter of 2010, and $5.43 billion in the third quarter of 2009. Net income attributable to Schlumberger, excluding charges and credits, was $875 million—an increase of 7% sequentially
A PIONEERING helicopter company plans to be the first to offer a dedicated service for the global offshore wind-power industry. (scotsman) [mappress] Source: scotsman, October 22, 2010; bristowgroup
Keppel Corporation Limited wishes to announce that its wholly-owned subsidiary, Keppel FELS Limited (“Keppel FELS”), has entered into a Letter of Intent with Mermaid Maritime Public Company Limited (“Mermaid”) to build two KFELS B Class jackup rigs worth US$360 million. In addition to these, Mermaid
Total today announces the signature of an agreement with Yam’s Petroleum to acquire a 60% interest in the CI-100 license. Through this agreement, Total becomes the project operator. Yam’s Petroleum retains a 25% interest and Côte d’Ivoire’s national oil company Petroci holds the remaining 15%. The t
The current joint venture partners (Sonangol and SBM Offshore) of Paenal Yard in Porto Amboim, Angola and Daewoo Shipbuilding & Marine Engineering (DSME) of South Korea have signed an agreement in which DSME will acquire a 30% share in the Paenal Joint Venture. Effective shareholdings after the tran
SEACOR Holdings Inc. (NYSE: CKH) today announced its results for the third quarter of 2010. Net income attributable to SEACOR Holdings Inc. for the quarter ended September 30, 2010 was $149.9 million, or $7.14 per diluted share, on operating revenues of $979.8 million. For the nine months ended Sept
The signing of these contracts will allow Eni to operate Block 1 and Block 2 with 100% participation interest and immediately perform all… [mappress] Source: Eni, October 22, 2010;
Aker Solutions has agreed to transfer ownership in its subsidiary Aker Marine Contractors (AMC) to Singapore listed company Ezra Holdings Ltd (Ezra) in exchange for equity instruments in Ezra and cash. In addition, 50% of Aker Solutions’ ownership in the Aker Connector installation vessel will be tr
OGX Petróleo e Gás Participações S.A. , the Brazilian oil and gas company responsible for the largest private sector exploratory campaign in Brazil, announced today that it has identified an oil-bearing interval in the Albian section of well 3-OGX-21D-RJS, the first appraisal well targeting the Waim
Orion Marine Group, Inc. today announced it will release its financial results for the third quarter 2010 on Thursday, November 4, 2010, at approximately 5:00 a.m. Eastern Time/4:00 a.m. Central Time. The Company will conduct a telephone briefing at 10:00 a.m. Eastern Time/9:00 a.m. Central Time on
Chevron Corporation today announced it has sanctioned development of the Jack/St. Malo project, its first operated project located in the Lower Tertiary trend in the deepwater U.S. Gulf of Mexico. “Jack/St. Malo is the latest example of Chevron advancing its industry-leading queue of major capital p
The Bulgarian government’s ‘National Renewable Energy Action Plan’ is failing to tap the full potential of Bulgaria’s locally-produced and pollution-free wind power, and failing to harness the full potential of the country’s fast-growing wind energy industry. At the international conference “Wind Po
