WesternGeco announced today that it has begun acquisition of the Bjørnøya Phase I “Ice Bear” 3D multiclient survey in the highly prospective West Loppa area of the Barents Sea. Following previous surveys in the area, the Ice Bear survey will extend the existing WesternGeco West Loppa datasets to the
SeaBird Exploration today announced second quarter 2011 results. Revenues and expenses for Q2 2011 and Q2 2010 are difficult to compare as several changes in the operating performance of the Ocean Bottom Node (“OBN”) activity and the utilisation of the 2D/3D fleet in these two quarters have affected
Mr Tony Mace has advised the SBM Offshore Supervisory Board that in light of recent events he will not stand for re-election at the next AGM on 16 May 2012. The Supervisory Board has decided that it will call later this year an EGM to propose Mr. Bruno Chabas to take over as CEO with effect [&hellip
Today in Murmansk from the shipyard of the Zvezdochka Shiprepairing Center, following the completion of all startup operations, the towing of the Prirazlomnaya offshore ice-resistant stationary platform to the Prirazlomnoye field started. The platform is transported by means of Vladislav Strizhov ve
Northern Offshore, Ltd. reported net income for the three months ended June 30, 2011 of US$4.6 million, or US$0.03 per diluted share. This compares to a net loss of US$0.5 million, or US$0.0 per diluted share for the second quarter of 2010. Revenues for the second quarter of 2011 were US$49.9 millio
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 16/2-9 S, cf. Section 8 of the Resource Management Regulations. Well 16/2-9 S will be drilled from the Transocean Leader drilling facility at position 58°54’46.39’’N 02°26’22.80’’E following completion of
Rolls-Royce, the global power systems company, has won an order to design and equip two UT 735 SE offshore supply vessels for Brasil Supply. The order is worth £15 million to Rolls-Royce. The contract includes vessel design and an integrated Rolls-Royce equipment system including propulsion, deck ma
DOF today announced second quarter 2011 results. Group income for Q2 totalled NOK 1,581 million (NOK 1,521 million), with an operating result before depreciation (EBITDA) of NOK 495 million (NOK 485 million). Utilization rate for the subsea fleet in Q2 was 91%, with 92% for the supply fleet. The Gro
SBM Offshore today announced half-year results for 2011. Financial Highlights Turnover of US$ 1,461 million (US$ 1,378 million in H1 2010); EBITDA of US$ 359.7 million (EBITDA of US$ 293.5 million in H1 2010); US$ 450 million impairment charge booked in H1 2011, as already announced on 28 July 2011;
Transocean Ltd. announced today the following management appointments, effective immediately. Ricardo H. Rosa has been named Executive Vice President and Chief Financial Officer. Prior to being named to his current position, Mr. Rosa served as Senior Vice President and CFO. Arnaud A.Y. Bobillier has
Pacific Drilling S.A. announced today that its ultra-deepwater drillship the Pacific Mistral has been awarded a three-year contract by Petróleo Brasileiro S.A. (Petrobras) for operations in Brazil. The contract is expected to commence in the fourth quarter of 2011, and estimated maximum contract rev
TROMS CAPELLA has arrived to Norway after a successful transit from GOA and is being prepared for new missions in the North Sea. Troms Offshore Management AS received their latest vessel from the shipyard in Cochin, India. The ship, a platform supply vessel (PSV),will this autumn start operating in
Grup Servicii Petroliere SA (“GSP”) today announces buying the pipelay vessel Acergy Falcon from Subsea 7. Falcon is a highly versatile DNV classed pipelay vessel, 153 meters long, capable of installing rigid pipelines up to 14 inch diameter and also flexible flowlines and umbilicals. GSP expects to
CGGVeritas is confirming its commitment to the emerging deepwater node market with an order to manufacture an additional 800 Trilobit four-component (4C) ocean bottom nodes (OBN) to make a total of 1,000 units in its equipment pool. The new nodes are expected to be commercially available by early 20