Great Lakes Dredge & Dock Corporation announced today that its Board of Directors (“the Board”) has declared a quarterly cash dividend on its common stock. The Board approved a $0.017 per share cash dividend, to be paid on September 17, 2010 to the holders of record of common stock of the Company at
Endeavour International Corporation (NYSE Amex: END) (LSE: ENDV) today announced it has signed a definitive agreement to sell its Cygnus asset in the Southern Gas Basin of the United Kingdom sector of the North Sea to Bayerngas UK Ltd., the UK oil and gas subsidiary of Bayergas Norge AS, for a cash
Global Industries, Ltd. announced today that its Brazilian business unit (Global Industries Brasil) has been awarded a project for design, engineering, procurement, fabrication, installation and pre-commissioning to be performed in the Northeast region of Brazil. The project, worth approximately US$
Seadrill reports second quarter 2010 results: Highlights * Seadrill generates second quarter 2010 EBITDA of US$493 million * Seadrill reports second quarter 2010 net income of US$329 million and earnings per share of US$0.77 * Seadrill acquires the seven jack-up rig company Scorpion Offshore Ltd * S
Offshore engineering specialist IHC Engineering Business (EB) is “absolutely” confident of being back in profit this year after investment… By Karen Dent, The Journal [mappress] Source: Nebusiness, August 31, 2010,
LUKOIL publishes consolidated US GAAP financial accounts for the second quarter and first half of 2010. The Company’s net income was $4,002 million in the first half of 2010, including $1,949 million in the second quarter. The Company’s free cash flow in the first half of 2010 amounted to $3,127 mil
Statoil has awarded to Aker Solutions Marulk tie-in to the floating production, storage and offloading (FPSO) vessel Norne. Aker Solutions estimates the value of the work to be approximately NOK 120 million. “This award falls within our core business and strategic objective of pursuing more advanced
Wood Group has entered into a contract with BP Operating Company Ltd (‘BP’) to provide topside engineering and project management services for BP’s Andrew Area Development project in the central North Sea. The project scope includes the tie-back of the Kinnoull reservoir to Andrew, some 28km away, a
GE today submitted comments on the report issued by a panel of independent scientists who evaluated the Hudson River dredging project and recommended major changes after finding that the project did not and could not meet the performance standards established by EPA. GE thanked the panel for setting
On one of its projects in the Caribbean, FG International Holland BV, the Dutch Special Lifting company, recently applied a so called Hydro… Source: Holland BV;
We are proud to be an Official Supporting Organization for CONEXPO-CON/AGG 2011. CONEXPO-CON/AGG 2011 is your source for what’s new in … [mappress] Source: WEDA;
Wind farm with 80 turbines being built north of Rügen – 50% share in joint venture Hochtief Construction and the Belgian DEME Group have been contracted to construct major elements of the German Baltic EnBW Baltic 2 wind farm. The joint venture will deliver and erect the foundations and will handle
Wind farm with 80 turbines being built north of Rügen – 50% share in joint venture Hochtief Construction and the Belgian DEME Group have been contracted to construct major elements of the German Baltic EnBW Baltic 2 wind farm. The joint venture will deliver and erect the foundations and will handle
STX Norway Offshore has entered into two new contracts with Island Offshore for the building of two LNG powered Platform Supply Vessels. The vessels are scheduled for delivery in Q2 and Q3 2012. The total value of the contracts amounts to approximately NOK 900 million. Roy Reite, President of STX No
