Northern Offshore, Ltd. reported net income for the three months ended March 31, 2010 of US$23.2 million, or US$0.15 per diluted share, on revenues of US$68.1 million. This compares to net income of US$3.6 million, or US$0.02 per diluted share, for the first quarter of 2009, on revenues of US$56.6 m
FMC Technologies signed in the beginning of March a contract with Statoil ASA for the manufacture and supply of subsea production equipment to support the Marulk field. The award is a call-off from FMC’s existing frame agreement with Statoil. The Marulk field is located in the Norwegian Sea, approxi
PNE WIND AG has successfully completed another step in the implementation of their offshore wind farm project “Gode Wind II”. Development… [mappress] Source: presseportal, May 26, 2010;
PNE WIND AG has successfully completed another step in the implementation of their offshore wind farm project “Gode Wind II”. Development… [mappress] Source: presseportal, May 26, 2010;
The State Oil Company of Azerbaijan has commissioned a new well at the Alyat Deniz offshore field. [mappress] Source: Newsaz, May 26, 2010;
Next week will see a major milestone reached by IHC Engineering Business (EB), when their largest project to date, a 2,000t capacity J-Lay… [mappress] Source: bymnews, May 26, 2010;
After almost a decade long fight, the federal government has approved the first offshore wind farm in the United States in the waters off Cape Cod. The Cape Wind project entails the construction of 130 wind turbines in Nantucket Sound, Massachusetts and will start generating electricity by 2012. The
Scorpion Offshore received a letter of agreement (LOA) from two European majors for the use of the Offshore Vigilant jackup in a drilling program offshore Venezuela. The drilling program includes two firm wells, plus two optional wells, with an estimated duration between 240 and 480 days, depending
The Crown Estate and SeaEnergy PLC are pleased to confirm developments concerning SeaEnergy Renewables Limited’s (SERL) interest in the Inch Cape Offshore Wind Farm (Inch Cape). In February 2009, The Crown Estate awarded the Inch Cape site to a consortium comprised of SERL, SeaEnergy’s 80% owned sub
Ensco plc is hosting a reception this evening at Lancaster House to celebrate the opening of Ensco’s new global headquarters in London. The event is to introduce Ensco as one of the largest global companies to move its legal domicile to the UK. The reception will be attended by major business leader
Aban Offshore Ltd said on Tuesday it secured a contract worth about $187 million for the deployment of a jack-up rig in West Asia for… [mappress] Source:BSE, May 25, 2010;
Under the new agreement, Sinovel and AMSC’s wholly-owned AMSC Windtec™ subsidiary, will design and jointly develop a range of advanced,… [mappress] Source: sys-con, May 25, 2010;
The Scottish government has given its stamp of approval to 10 offshore windfarm projects with a combined capacity of 6.4 gigawatts (GW). The 10 projects in Scottish territorial waters were originally outlined in February 2009 by the Crown Estate, which oversees the development of the U.K.’s seabed.
Gov. Deval Patrick yesterday stoutly defended a multibillion-dollar rate agreement for Cape Wind electricity, saying it will provide… [mappress] Source: bostonherald, May 24, 2010;
