Singapore’s Keppel Corp Ltd , the world’s largest rig builder, reported on Thursday a 33 percent rise in its third quarter net profit, thank… Reporting by Harry Suhartono (Reuters) [mappress] Source:Reuters , October 20, 2011;
Noble Energy, Inc. reported today third quarter 2011 net income of $441 million, or $2.39 per share diluted, on revenues of $924 million. The Company’s third quarter 2010 net income was $232 million, or $1.31 per share diluted, on revenues of $755 million. Net income for the third quarter 2011 inclu
Mermaid Maritime Public Company Limited announces that Mr. Simon Matthew Turner (46) , Operations Director, Mermaid Offshore Services Ltd. is leaving the company to pursue personal interests. During his close to 20 year tenure with the Company, Mr. Simon Matthew Turner performed various roles in imp
Singapore Technologies Engineering Ltd (ST Engineering) today announced that its marine arm, ST Marine, has incorporated a wholly owned subsidiary, ST Marine (Wuhan) Engineering Design Consultancy Co. Ltd. (ST Marine Wuhan EDC), in China. Strategically based in Wuhan, ST Marine Wuhan EDC will streng
GC Rieber Shipping has signed a two year contract for its second subsea newbuild with the Mexican company Oceanografia. The vessel, which will be named “Polar Queen”, has recently been handed over from the Spanish shipyard Freire Shipyard, and the contract will start up in November. Three of the fou
Eni announces a giant natural gas discovery at the Mamba South 1 prospect, in the Area 4 Offshore Mozambique. The discovery well encountered a total of 212 meters of continuous gas pay in high-quality Oligocene sands. The Mamba South 1 discovery well is located in water depths of 1585 meters approxi
Leading oilfield services company Topaz Energy and Marine won two awards out of four nominations at the annual Seatrade Middle East & Indian Subcontinent Awards 2011 held in Dubai recently. Stephen R Thomas, CEO of Topaz Energy and Marine, commented on the awards saying, “The Seatrade Awards are a b
BP (operator of the block of “Azeri-Chirag-Guneshli” offshore fields’ development in Azerbaijan) stopped the operations at the “Eastern Azer… By S. Aliyev (Trend) [mappress] Source: Trend, October 20, 2011;
Cyprus has not even confirmed the existence of natural gas off its shores, but it is already thinking about setting up a sovereign wealth fu… Source: Reuters [mappress] Source: Reuters, October 20, 2011
Stratos Global, the leading global provider of advanced mobile and fixed-site remote communications solutions, today introduced StratosMAX II Nomadic, a new version of its popular StratosMAX II broadband service offered via the Stratos microwave network for the offshore energy community in the Gulf
The Petroleum Safety Authority Norway (PSA) has granted Talisman Energy Norge AS (TENAS) consent to use the MSV Regalia mobile living quarters facility on the Yme field. About Yme Yme is an oil field in the southeastern part of the North Sea, 110 km southwest of Egersund. The field has previously be
Noble Corporation yesterday reported third quarter 2011 earnings of $135 million, or $0.53 per diluted share, compared to $54 million, or $0.21 per diluted share, for the second quarter of 2011. Contract drilling services revenues totaled $705 million in the third quarter of 2011, up 20 percent from
Ithaca Energy Inc. announces that it has agreed to divest an interest in the Hurricane field to Dyas UK Limited (“Dyas”). The Company has also signed a contract letter of intent to secure a rig for drilling of the Hurricane appraisal well in early 2012. The Company has signed an agreement with Dyas
Asiaflex Products Sdn Bhd, Technip’s flexible pipe manufacturing plant in Tanjung Langsat, Johor, made its first delivery recently to Petrof… Source: Bernama [mappress] Source: Bernama, October 20, 2011