In January 2011 Deep Sea Supply`s AHTS fleet (all 12 AHTS Vessels) had an average gross income of approx. USD 15,000 per ship per day compared to USD 15,800 in December. The PSV fleet (all 8 PSVs) had an average gross income of approx. USD 16,900 per ship per day compared to USD 11,100 […]
Aker Solutions has on 1 February 2011 completed the sale of the principal operations within its Process and Construction business area to Jacobs Engineering Group Inc. (Jacobs). As disclosed on 22 December 2010, the transaction does not include the US EPC centre in Houston, and the Union Constructio
Electromagnetic Geoservices ASA (EMGS) announces that it has today signed a contract worth approximately USD 12.5 million with an oil company in the Kingdom of Saudi Arabia. The vessel BOA Galatea (photo) will acquire both 3D electromagnetic (EM) and magnetotelluric (MT) data in the Red Sea over a t
The board of BP announced today that it has appointed Mr. Phuthuma Nhleko as a non-executive director of BP p.l.c. with immediate effect. Mr. Nhleko is currently Group President and Chief Executive Officer of the MTN Group, the mobile telephony multinational company based in South Africa, positions
RWE Dea Norge has been awarded three promising licences in the recent APA 2010 licensing round by the Norwegian Ministery of Petroleum and Energy, of which one is in the North Sea and two are in the Norwegian Sea. This strengthens the company’s long-term commitment on the Norwegian Shelf. Licence PL
Neptune Marine Services Limited announces the results of an operational and structural review carried out over the past two months and expected lodgement of the prospectus for its $80.6 million equity capital raising with ASIC. The operational review – carried out in conjunction with Pricewaterhouse
Anadarko Petroleum Corporation announced that net income from continuing operations attributable to common stockholders totaled $111 million, or $0.22 per share (diluted), for the quarter ended Dec. 31, 2010. These results include certain items affecting comparability that are typically excluded by
AGR Field Operations has been awarded a contract by Hyundai Heavy Industries for the provision of Maintenance Engineering and Inspection Planning services for the Goliat FPSO. These services will be provided as part of the EPCI delivery from HHI to ENI Norge. Starting in Jan 2011, the scope of work
Aker Solutions has signed a contract with Framo Engineering AS to supply a subsea umbilical and associated equipment for Total’s CLOV development project located in the deepwater Block 17 offshore Angola. The contract value is approximately NOK 80 million(Approximately USD $13,9 million). Aker Solut
Wintershall Norge ASA, operator of production licence 378, has completed the drilling of wildcat well 35/12-3 S. The well was drilled about 115 kilometres north-northwest of Bergen and about 15 kilometres north of the Troll field. The purpose of the well was to prove petroleum in Upper and Middle Ju
* BP’s fourth-quarter replacement cost profit was $4,614 million, compared with $3,447 million a year ago. For the full year, replacement cost loss was $4,914 million compared with a profit of $13,955 million a year ago. * The group income statement for the fourth quarter and full year reflects a pr
Further to the Company’s announcement on 29 October, 2010, AWE advises that effective today, Bruce Clement has assumed the position of Managing Director of AWE Limited. Accordingly, with effect from the close of business on 31January, 2011, Bruce Wood has retired as Managing Director of the Company.
Technip, in a consortium with Daewoo Shipbuilding & Marine Engineering Co. Ltd., has been awarded by Petroliam Nasional Berhad (PETRONAS) and MISC Berhad a front-end engineering and design contract for a floating liquefied natural gas (FLNG) unit. The FLNG, which will have a capacity of one million-
Balltec has just completed the supply and installation of 16 Permanent Subsea Mooring Connectors (SMC) for the Total Pazflor FPSO. The facility is moored in approximately 3500 feet of water in Angola block 17. The connectors supplied by Balltec can be disconnected at any time during the design life
