Ensco plc reported diluted earnings per share from continuing operations of $0.59 for second quarter 2011, compared to $0.85 per share in second quarter 2010. There were no discontinued operations in second quarter 2011. Earnings from discontinued operations in second quarter 2010 were $0.04 per sha
Reliance Industries Limited has received the Government of India approval for its transformational deal with BP. “Reliance Industries is grateful to the Government of India for the approval, which will result in the largest foreign investment in the domestic hydrocarbon sector,” the company said in
Wärtsilä, a global leader in complete lifecycle power solutions and services, opens new workshop facilities in Helsinki, Finland. The new facilities enable Wärtsilä to offer a wide range of workshop services with rapid response times. Operations in Helsinki began in the beginning of August 2011. “Th
North Atlantic Drilling Ltd., in which Seadrill has a 75 percent ownership, has taken delivery of the new harsh environment jack-up drilling rig, West Elara from Jurong Shipyard in Singapore. The rig is expected to depart Singapore on August 11th and arrive at Westcon Shipyard in Ølen, Norway in ear
VAALCO Energy, Inc. today reported net income attributable to VAALCO of $11.8 million, or $0.20 per diluted share, for the second quarter of 2011 compared to a net income attributable to VAALCO of $10 million, or $0.18 per diluted share, for the comparable period in 2010. Second quarter 2011 revenue
Seadrill has been awarded two new contracts by KJO (AL-Khafji Joint Operations) in the joint development zone between the Kingdom of Saudi Arabia and Kuwait for the jack-up rigs West Triton and Offshore Resolute. The assignments which will commence in direct continuation of their current contracts i
Rockhopper Exploration, the North Falkland Basin oil and gas exploration company, provided an update on the 14/10-6 appraisal well. The third appraisal well on the Sea Lion feature was drilled 4.1km to the west of the 14/10-2 discovery well on licence PL032 (100% Rockhopper) and to a total depth of
ATP Oil & Gas Corporation today announced second quarter 2011 results. Results of Operations Revenues from oil and gas production were $172.9 million for the second quarter 2011, compared to $101.1 million for the second quarter 2010. Increased revenues from production were attributable to higher pr
Engineering and construction company Clough Limited today announced the receipt of a Letter of Intent for a contract valued in excess of A$250 million to the Clough DORIS Joint Venture (CDJV) for the provision of Offshore Integrated Project Management Support Services (IPMS) for the Ichthys LNG Proj
Total EP Norge AS, operator of production licence 535, has completed the drilling of wildcat well 7225/3-1. The well, which proved gas, was drilled in the Barents Sea, about 250 kilometres north of Melkøya. The primary exploration target for the well was to prove petroleum in Triassic reservoir rock
Hyperdynamics Corporation today announced the results of a new resource evaluation conducted by Netherland, Sewell & Associates, Inc. (NSAI) of the Company’s oil and gas concession offshore Republic of Guinea. NSAI, a leading provider of reserve audits and exploration resource assessments, conducted
Noble Corporation today announced that it has been awarded a contract for the semisubmersible rig Noble Paul Romano and received a contract extension on the semisubmersible rig Noble Max Smith, two rigs located in the Gulf of Mexico. In addition, the Company has been awarded a contract for the jacku
Contango Oil & Gas Company announced today that it is still on schedule for production to begin at its Vermilion 170 (Swimmy) discovery in September 2011 at an estimated rate of 15 million cubic feet equivalent per day (“Mmcfed”), net to Contango. Contango currently have 11 wells, producing approxim
The Board of Directors of Ezra Holdings Limited (“Ezra”) announces that Lewek Antares Shipping Pte. Ltd., a wholly-owned subsidiary company of Ezra, has been incorporated in Singapore with a paid-up and issued share capital of USD50,000.00, comprising 50,000 ordinary shares of USD1.00 each. Ezra is
