Tidewater Inc. announced today that fiscal first quarter financial results for the three months ended June 30, 2010, are estimated to be between $0.75 – $0.80 on a fully diluted per share basis. Although Tidewater does not provide its own earnings forecast or endorse forecasts prepared by others, it
Dana Petroleum announces that it has signed an agreement with BG International Limited (“BG”) to acquire a 50% interest in the El Manzala Offshore Area Concession, located in the Mediterranean Sea, offshore Egypt. The deal is subject to normal regulatory approvals. The El Manzala Offshore Area Conce
Keppel Offshore & Marine Ltd (Keppel O&M), through Keppel Shipyard Limited (Keppel Shipyard) and Keppel FELS Brasil SA (Keppel FELS Brasil), has secured two contracts totaling S$170 million (approximately USD $124 million) from repeat customers for the conversion of a Floating Production Storage and
E.ON is leading the European offshore business. According to new statistics released by the European Wind Energy Association (EWEA) 118 new offshore wind turbines with a capacity of 333 megawatts, were connected to the grid in the first half of 2010. A massive 64 percent of all new capacity was deve
The Petroleum Safety Authority Norway (PSA) has given ConocoPhillips Skandinavia AS (COPSAS) consent to carry out well work on Ekofisk 2/4 Bravo with the mobile drilling facility Mærsk Gallant. The consent covers plugging and drilling of a sidetrack from an existing production well. According to the
JF Hose have opened a large bore hose division at its Leyland factory specialising in production of hand-built rubber hoses for dredging, dockside oil and heavy industrial applications in sizes 2″ to 40″ diameter and lengths up to 12 metres. The factory has on-site rubber compounding, calendering an
Lt. Col. Michael C. Derosier assumes command of the U.S. Army Corps of Engineers, Detroit District, at a local ceremony this week. This time-honored traditional Change of Command ceremony will be held at the Grosse Pointe War Memorial in Grosse Point Farms at 11 a.m., Friday, July 23. As District En
A large ring of yellow buoys floats on the surface of Pegan Cove, marking the area where contractors have started removing sediment … By Charlie Breitrose (metrowestdailynews) [mappress] Source: metrowestdailynews, July 21, 2010;
Xcite Energy today announced that it has entered into a binding contract for the Ocean Nomad semi-submersible rig to drill the 9/3b-R well on the Bentley field, with an expected spud date around the middle of September subject to the current rig programme. This timing is viewed as entirely satisfact
Vattenfall and the Munich municipal utility Stadtwerke München (SWM) have signed an agreement to form a joint venture for realisation of the offshore wind power project DanTysk. DanTysk offshore wind farm will be constructed 70 kilometres west of the island of Sylt with 80 turbines on 70 square kilo
Salamander Energy plc, the Asia focussed independent oil and gas exploration and production company, today announces that its subsidiary, Salamander Bualuang, has reached agreement with SOCO International to purchase SOCO Thailand, LLC. SOCO Thailand, LLC owns SOCO Thailand, which holds a 40% intere
An advisory board established to provide recommendations for offshore wind energy development in Michigan is hosting public meetings this week.
An advisory board established to provide recommendations for offshore wind energy development in Michigan is hosting public meetings this week.
Petroceltic International plc , the independent oil & gas exploration company focused on the Middle East, North Africa and Mediterranean region, today announces that due to continued uncertainty regarding the application of the proposed decree to restrict drilling in the Italian seas, Petroceltic It
