Brisk business has been reported by Aberdeen-based Ecosse Subsea Systems, following the Subsea 2011 event in the city recently. First-time exhibitors Ecosse Subsea Systems have announced interest from across the globe in all divisions of the company, particularly the £500,000 SCAR specialist trenchi
FoundOcean is awarded the freespan correction contract for the Troll P12 Project in the North Sea by Subsea7 FoundOcean will manufacture and install two fabric formwork grout bags to support the expected freespan of the new 36” pipeline at the approach to the Troll A Platform, in the Norwegian Secto
For the three months ended December 31, 2010, Rowan Companies, Inc. (“Rowan” or the “Company”) generated net income of $57.3 million or $0.45 per share, compared to $60.8 million or $0.53 per share in the fourth quarter of 2009. Revenues were $458.8 million in the fourth quarter of 2010, compared to
Vroon Offshore Services (VOS) have taken delivery of a new addition to their offshore fleet. The VOS Achilles, an anchor handling tug supply (AHTS) vessel built at the Fujian Shipyard in China, was delivered today, 25 January 2011, in China. She is the first in a series of eight “A-types” that will
CGGVeritas announced today that it has signed a term sheet with PT Elnusa Tbk (Elnusa) to create a 2D/3D marine joint venture to carry out 2D and 3D marine seismic surveys, in Asia Pacific Region, with main focus in Indonesia. The joint venture will provide marine seismic data acquisition services f
MirTac has successfully completed the implementation of asset management system Star IPS at Seatec. MirTac supports Seatec in her maintenance, safety and audit operations for her diving and ROV projects. Johan de Bie, General Manager at Seatec: ‘With Star IPS, all condition based and preventive main
A new study on potential national-level benefits of Alaska Arctic OCS development, by Northern Economics and the University of Alaska Anchorage’s Institute of Social and Economic Research, builds on a previous study of potential state-level benefits using the same methodology and assumptions. Create
Sonde Resources Corp. (“Sonde”) (TSX:SOQ) (NYSE Amex:SOQ) announced today that it has completed definitive documentation and closed the previously announced sale of Liberty Natural Gas LLC (the “Company”) which owns a 100% working interest in the Liberty Natural Gas LNG project (the “Project”) to an
A consortium, including LUKOIL Overseas (a 100% subsidiary of OAO LUKOIL) and Vanco International signed concession agreements with the National Agency for Mineral Resources of Romania. The agreements provide for exploration and development of two blocks, Est Rapsodia and Trident, in the Romanian se
Venture Drilling AS (“VDAS”), a joint venture between Petrolia ASA and Sinvest AS (50/50), has entered into an agreement for early redelivery of the drillship Deep Venture aka Valentin Shashin being on bareboat from its Russian owner Arktikmorneftegazrazvedka (Arktik). Through the settlement, Valent
The Norwegian Ministry of Petroleum and Energy today received Plans for Development and Operation (PDO) on the Ekofisk and Eldfisk fields. The projects (Ekofisk South and Eldfisk II) will entail investments in the region of NOK 65 billion(USD 11.58 billion). -I am happy to recieve new PDOs in the Ek
Petrobras states that the mission carried out yesterday (02/24) to remove the seven Brazilians who were in Libya has been successful. The four employees and three family members were removed from Tripoli on a flight chartered by the Brazilian builder Odebrecht, after agreements between the two compa
Dockwise Ltd., a world leader in heavy marine transport, today publishes results for the three month period and full year ended 31 December 2010. After a tough year, Q4 was a quarter of healthy performance. The quarter saw the successful completion of the offshore Transport & Installation project Vy
Salamander Energy plc announces a reserves upgrade to the Bualuang oil field and the commencement of its drilling programme in the B8/38 licence, Gulf of Thailand. Salamander is operator and holds a 100% interest in the B8/38 licence. Bualuang Field Reserves Upgrade Following analysis of the perform
