Wood Group’s Alliance Engineering has been awarded a contract to provide detailed engineering and design services for the Tamar Platform Project, including topsides facilities and deck structure, to be located offshore Israel. The Tamar natural gas field will be operated by Noble Energy and is locat
ATP Oil & Gas Corporation today announced that it has completed the drilling phase of deepwater Mississippi Canyon (“MC”) Block 941 A-2 well located at ATP’s Telemark Hub, and all pay sands in the MC 941 A-1 well were present essentially confirming pre-drill estimates. The main pay sands are approxi
Wintershall, the largest German crude oil and natural gas producer with operations worldwide, has once again stepped up its activities in Norway by raising the company’s share in the Maria discovery to 50 percent, the company announced. The discovery is one of the largest oil discoveries in Norway i
The Company’s net income was $3,517 million in the first quarter of 2011, which is 71.3% higher y-o-y. EBITDA was $5,343 million, which is 43.3% higher y-o-y. Sales revenues were $29,626 million (+23.9% y-o-y). Positive dynamic of our financial results was mainly due to a sharp increase in hydrocarb
Dril-Quip, Inc. today announced that, effective July 18, 2011, Blake T. DeBerry will assume the position of Senior Vice President–Sales and Engineering and James A. Gariepy will assume the position of Senior Vice President–Manufacturing, Project Management and Service. Mr. DeBerry, 51, has been an e
CB&I announced today that it has been awarded a contract valued at approximately $150 million by Nexen Petroleum U.K. Limited for the detailed engineering of two fixed platforms for the Golden Eagle field in the U.K. sector of the North Sea. CB&I’s scope of work includes detailed engineering design
Drydocks World, the well established ship repair, conversion and new building Group announced that it has signed a contract with Mumbai-India based construction group, Afcons Infrastructure to provide detail engineering, procurement, construction and delivery of a Self Elevating Platform AF SEP Samr
As part of its environmental program, Solstad Offshore has long focused on innovative environmental solutions for its clients through”Solstad Green Operations”. Since the autumn of 2010, the company has offered its clients the opportunity to operate the company’s vessels on a climate neutral basis.
Gold Oil has singed a letter of intent with BGP Geoexplorer PTE for a marine 3D seismic survey over block Z34 offshore Peru. Source: StockMarketWire [mappress] Source:Stockmarketwire , May 26, 2011;
Chevron U.S.A. Inc. has awarded Baker Hughes a contract to supply electrical submersible pumping (ESP) systems and production packers for seven producing wells, plus mud line packers for three injection wells for their Gulf of Mexico deepwater Big Foot Project. This award marks the first deployment
Noble Energy Inc. president and CEO David Stover has delivered good news for Israel’s natural gas and oil sector. He told a UBS conference… By Yael Gruntman Globes.co.il [mappress] Source:Globes , May 26, 2011;
Sercel has successfully deployed SeaPro Nav, its new integrated navigation system for all in-water equipment. SeaPro Nav is currently being used as the master integrated navigation system on board two CGGVeritas 3D vessels, including the Elnusa Finder operated by the Elnusa CGGVeritas joint venture.
Cairn India, which has reported a 10-fold increase in March 2011 quarter profit, said it will drill the first test well in the search for… Source: lankabusinessonline [mappress] Source: lankabusinessonline, May 26, 2011;
Alewijnse Marine Systems has taken another step in confirming its position as a key supplier to the worldwide maritime market by opening an office in Brazil. Alewijnse recognises that Brazil is a vital high-growth market that is emerging as a world economic power, and which hosts a booming shipping
