South Korea’s second biggest shipbuilder Daewoo Shipbuilding and Marine Engineering said Wednesday its first-quarter net profit more than do… [mappress] Source: yahoo news, May 4, 2011;
Marathon Oil Corporation reported first quarter 2011 net income of $996 million, or $1.39 per diluted share. Net income in the first quarter of 2010 was $457 million, or $0.64 per diluted share. For the first quarter of 2011, net income adjusted for special items was $1.18 billion, or $1.65 per dilu
Drydocks World, the Dubai-based maritime service provider, and Abu Dhabi National Tanker Company & National Gas Shipping Company (Adnatco & NGSCO), the shipping arm of ADNOC and its Group of Companies, reviewed ways of further strengthening their trade cooperation to stimulate oil and gas industry a
Anadarko Petroleum Corporation announced first-quarter 2011 net income attributable to common stockholders of $216 million, or $0.43 per share (diluted). These results include certain items typically excluded by the investment community in published estimates. In total, these items decreased net inc
John Holland has secured a significant contract with Chevron to carry out the design and construction of permanent buildings on the Chevron-operated Gorgon Project, one of the world’s largest natural gas projects and the largest single resource natural gas project ever undertaken in Australia. With
Qatargas, the world’s liquefied natural gas (LNG) producer, completed eight years of operation without any lost time accident (LTA) – an outstanding achievement in the industry that rivals the performance of the best international oil and gas companies in the world. Overall, both Qatargas employees
I.M. Skaugen SE has entered into a Market Making Agreement with SEB Enskilda AS for the company’s shares. The purpose of the agreement is to increase the turnover and tighten the spreads of IMSK. The Agreement is in accordance with the standard requirements of Oslo Stock Exchange. The Market Making
The Directors of Liquefied Natural Gas Limited announced that a definitive share Placement Agreement and Process Deed have been executed with China Huanqiu Contracting & Engineering Corporation (HQCEC). HQCEC is a wholly owned subsidiary of China National Petroleum Corporation (CNPC), which is China
Statoil’s first quarter 2011 net operating income was NOK 50.7 billion, a 28% increase compared to NOK 39.6 billion in the first quarter of 2010. The quarterly result was mainly affected by a 33% increase in the average prices for liquids measured in NOK, a 20% increase in average gas prices, and a
Tap Oil Limited has agreed to sell to Japan Australia LNG (MIMI) Pty Ltd a 25% interest in the highly prospective WA-351-P exploration permit in Western Australia’s Carnarvon Basin. MIMI will acquire the 25% participating interest for a cash consideration of US$30,154,000. After costs relating to th
Woodside has entered into an agreement for the issuance of US$700 million in corporate bonds into the United States 144A bond market. Settlement of the offering is subject to certain customary conditions. The bonds will be issued by Woodside Finance Ltd, a wholly owned subsidiary of Woodside Petrole
Hallin Marine, a Superior Energy Services company, announces the award by the operator of the Tangguh LNG plant – BP Berau Ltd of a contract for subsea inspection services at the natural gas field in Bintuni Bay, Papua Barat, Indonesia. Scheduled to commence in May, the project will encompass inspec
LNG Energy Ltd. announced that further to its news release of April 13, 2011, its wholly owned subsidiary, BWB Exploration LLC, has completed the sale all of its working interest in approximately 2,900 net acres of oil and gas lease holdings in Carter County, Oklahoma to an undisclosed buyer for US$
Technip’s Annual General Meeting of Shareholders, held on April 28, 2011, ratified the cooption of Marie-Ange Debon, which was announced in 2010. In addition, the Annual General Meeting approved the nomination of two new female directors, C. Maury Devine and Leticia Costa, thus bringing the percenta
