HOUSTON, Aug. 5 /PRNewswire-FirstCall/ — Parker Drilling Company (NYSE: PKD) announced today a new contract to design the drilling package for the Sakhalin-1 Arkutun-Dagi offshore platform. The Arkutun-Dagi Field, offshore Sakhalin Island, Russia, is one of the three offshore fields to be developed
HOUSTON, Aug. 5 /PRNewswire-FirstCall/ — Parker Drilling Company (NYSE: PKD), a global drilling contractor and service provider, today announced that 44 percent revenue growth for the three months ended June 30, 2008 led to a 34 percent increase in profitability compared with the second quarter of 2
Canadian Natural Resources has handed Technip an engineering and procurement contract for work on its Horizon project in Alberta, Canada. The scope of work covers the expansion of a facility converting heavy oil into lighter synthetic crude as part of Tranche 2 of the Horizon project. The contract c
Seismic group Wavefield Inseis has taken delivery of its latest vessel Geowave Endeavour which has already started work for BG Norge offshore Norway. Wavefield has taken the new seismic ship on a seven-year charter from Volstad Marine and began its first contract with BG Norge on 28 July. Yesterday
N.V. Nederlandse Gasunie (Gasunie) and Royal Vopak (Vopak), strategic partners in Gate terminal, today announce that Gate terminal has signed a long term throughput agreement with E.ON Ruhrgas AG (E.ON Ruhrgas) from Germany, one of Europe’s leading energy companies. E.ON Ruhrgas has committed itself
Wärtsilä Corporation, Press release, 6 August 2008 at 6 am (EET) Wärtsilä-Hyundai Engine Company Ltd., the new joint venture between Wärtsilä and Hyundai Heavy Industries in South Korea, has received a major order. The order calls for a total of 16 Wärtsilä 50DF-engines for four ships to be built by
Het groene energiebedrijf Electrawinds en de investerings- en ontwikkelingsmaatschappij Power@Sea willen samen een nieuw windturbinepark bouwen in de Noordzee. Daarvoor is een concessieaanvraag ingediend bij de CREG, de Commissie voor de Regularisatie van Elektriciteit en Gas. De CREG heeft de aanvr
Royal Boskalis Westminster nv has been given a notice of award for a contract with Rio Tinto for the expansion of its iron ore port facility at Cape Lambert in Western Australia. The contract will be worth approximately € 145 million and is due to be completed in the second half of 2010. The assignm
The official DVD series of the Clipper 07-08 Round the World Yacht Race is now available for pre-ordering from Nauticalia.com for delivery at the end of August 2008. The ten-part series of 30-minute programmes, which is currently being aired by broadcasters around the world, has been produced by lea
Project Updates – August 6, 2008 News media in the country say the Ggovernment of Sri Lanka plans to call for fresh bids for the construction of the first terminal at the new Colombo South Harbour next month. Quoting the Sri Lanka Ports Authority Chairman Saliya Wickramasuriya, sources said that, in
Lloyd’s Register has significantly enhanced its human factors technical services business by acquiring Human Engineering Limited, a leading supplier of ergonomics and human factors technical services worldwide. The signing took place on July 23, 2008 in London, between Lloyd’s Register Transportatio
StatoilHydro has been given the green light to drill exploration well 6507/6-3 in the Norwegian Sea with the Transocean Winner rig. The well will be drilled in Production License 212 C and operations are expected to last for 42 days, after which the well will be permanently plugged. The well, which
StatoilHydro and partner Sonatrach have made a fifth discovery in the Hassi Mouina license in the Sahara desert in Algeria. StatoilHydro has a 75% interest in Hassi Mouina with Sonatrach holding the remaining 25% stake in the license which was awarded in June 2004. “This is an interesting discovery
Drilling has commenced on the first of two wells offshore southern Ireland in the Celtic Sea which aim to prove up new oil fields. Providence Resources and its partners have kicked off the first well in a two-well programme with the Transocean Arctic II semi-submersible on the Hook Head oil accumula
