For the three months ended June 30, 2011, Rowan Companies, Inc. generated net income from continuing operations of $44.4 million or $0.35 per share, compared to $83.4 million or $0.73 per share in the second quarter of 2010. Income from continuing operations during the second quarter of 2011 include
Foster Wheeler AG announced that its shareholders have elected Roberto Quarta, 62, and John M. Malcolm, 60, to the company’s board of directors. Mr. Quarta was elected to serve a term expiring at the company’s annual general meeting to be held in 2012. Dr. Malcolm was elected to serve a term expirin
Costain has been awarded a contract to provide cryogenic expertise on a Front End Engineering Design (FEED) study for FLEX LNG’s fixed floating LNG production project for operations in Papua New Guinea. The FEED contract was awarded to the KANFA Aragon/WorleyParsons joint venture FirstLNG by Samsung
Leading international oilfield services company Expro today announced a comprehensive service to provide subsea operators with a firsthand view of some of their most critical underwater assets. The service uses Expro’s Multi-Finger Caliper and ViewMax Down Hole Camera systems to provide images and d
Rolls-Royce, the global power systems company, has won a £20 million order to design and supply power and propulsion systems for two UT 776 CD supply vessels for Island Offshore. Island Offshore were the first to introduce the versatile UT 776 CD ship, which is designed to transport essential suppli
Marathon Oil Norge AS has completed the drilling of wildcat well 25/10-11 testing the Earb South prospect in PL505. The well was drilled about 8 km southwest of the small 25/7-2 discovery and 40 km south of the Heimdal Field in the northern Norwegian North Sea. The well encountered three separate hy
This Monday (Aug 1) Petrobras CEO, José Sergio Gabrielli de Azevedo, announced in London the company’s Business Plan for 2011-2015 to an audience of around 70 people, including investors, analysts and entrepreneurs. The plan foresees investments of US$ 224.7 billion for the period. Also taking part
Hamworthy plc a world leader in the design and manufacture of innovative marine and offshore fluid handling systems, announced the appointment of Simon James Nicholls to the board as a non-executive director with effect from 1 September 2011. Mr Nicholls, aged 47, is currently Group Finance Director
Petrobras announces that it has completed drilling of the second extension well in Guará area, 3-SPS-82A (3-BRSA-923A-SPS), located in the Santos Basin pre-salt. Informally known as Guará Sul (South Guará), the well was drilled 5.7 km south of wildcat discovery well (1-SPS-55). In a water depth of 2
Wood Group on behalf of Talisman Energy UK, required an isolation to be conducted on a 3 inch Air Line on-board the Piper Bravo. The isolation would facilitate a deconstruct workscope allowing replacement of pipework and include the addition of a new valve to the system. The platform was currently i
TGS has commenced a new multi-client 3D survey in the Faroe-Shetland Basin. The survey covers 2,500 km2 west of the British Isles over quads 6004, 204 and 205 and is acquired in partnership with PGS. The new seismic data is being acquired by the PGS Ramform Viking towing 12 X 6,000 m with 75 m [&hel
Sembcorp Marine’s wholly owned subsidiary Sembawang Shipyard has exercised its option to increase its shareholding in Sembmarine Kakinada Ltd (SKL), a joint venture between Sembawang Shipyard and Kakinada Seaports Limited, from 19.9% to 40% of the joint venture’s initial investment of US$50 million,
P/F Atlantic Petroleum announces that Atlantic Petroleum together with its partner Nexen Petroleum UK Limited have received approval from the Department of Energy and Climate Change of the Field Development Plan for the Blackbird field. The Blackbird co-venturers comprise Nexen Petroleum UK Limited
ConocoPhillips Skandinavia AS has received consent to use the Haven mobile living quarters facility on Ekofisk. Haven will be placed with a gangway to Ekofisk 2/4 M. Haven will increase the accommodation capacity for personnel until the new fixed living quarters facility 2/4-L can be put into use. H
