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BLG Comes to Breakbulk Europe 2014
Operations & Maintenance

BLG Comes to Breakbulk Europe 2014

At Breakbulk Europe 2014, taking place from May 13 to 15, three BLG LOGISTICS’ divisions – Cargo Logistics, High & Heavy Logistics and WindEnergy Logistics – will be present at the VIA BREMEN joint pavilion. The Neustädter Port, operated by BLG Cargo Logistics, is Europe’s largest breakbulk and heav

about 12 years ago
Cal Dive Still in Loss, Year-Over-Year Improves
Operations & Maintenance

Cal Dive Still in Loss, Year-Over-Year Improves

Cal Dive International, Inc. reported a first quarter 2014 loss of $13.1 million, or $0.14 per diluted share, on revenues of $119.1 million. This compares to a loss of $17.7 million, or $0.19 per diluted share, on revenues of $80.9 million for the first quarter 2013. For the first quarter 2014, the

about 12 years ago
Statoil Discovers Oil Near Gimle Field
Operations & Maintenance

Statoil Discovers Oil Near Gimle Field

Statoil Petroleum AS, operator of production licences 120 B/Gimle Unit, has completed drilling of an observation well with exploration targets, 34/10-C-18 A. The well was drilled on the eastern flank of the Gimle field, which is located between the Gullfaks and Visund fields in the northern part of

about 12 years ago
Prysmian: Western Link Project Impacts Q1 Results
Operations & Maintenance

Prysmian: Western Link Project Impacts Q1 Results

Prysmian S.p.A. Board of Directors has approved the Group’s consolidated results for the first quarter of 2014. Group Sales amounted to €1,579 million compared with €1,669 million in the first quarter of 2013, posting organic growth of +3.2%, assuming the same group perimeter and excluding metal pri

about 12 years ago
CAMAC Energy Delivers Its African Assets Update for Q1 2014
Operations & Maintenance

CAMAC Energy Delivers Its African Assets Update for Q1 2014

CAMAC Energy Inc. has announced financial and operating results for the first quarter of 2014. Highlights for the quarter ended March 31, 2014 include: – Secured the Northern Offshore Energy Searcher drillship for up to two years in West Africa; – Secured the FPSO Armada Perdana for up to seven year

about 12 years ago
Acteon Extends Operating Portfolio with Core Grouting Services
Operations & Maintenance

Acteon Extends Operating Portfolio with Core Grouting Services

Core Grouting Services, an Acteon company, is a new addition to Acteon’s operating company portfolio. Core is a specialist provider of grouting services for foundations on oil and gas platforms and offshore wind farms. Core’s grouting capability allows Acteon to offer its clients a complete suite of

about 12 years ago
First Subsea Infrastructure Installation Campaign on GSA Completed
Operations & Maintenance

First Subsea Infrastructure Installation Campaign on GSA Completed

Ithaca Energy Inc. provides an update regarding Greater Stella Area (“GSA”) operations and the overall development schedule. Continued progress has been made on execution of the main GSA development work programmes since the start of 2014. Strong flow test results were achieved on the second Stella

about 12 years ago
MT Højgaard to Set Up Foundation for Fécamp OWF Project
Operations & Maintenance

MT Højgaard to Set Up Foundation for Fécamp OWF Project

As part of a development project related to the future offshore wind farm ”Parc éolien en mer de Fécamp” in France, MT Højgaard is to install a deep water concrete foundation. The newly developed prototype foundation is based on proven technologies known from the oil and gas, tunnel and bridge indus

about 12 years ago
Statoil: Troll Field Production Reaches 1.5 Billion Barrels
Operations & Maintenance

Statoil: Troll Field Production Reaches 1.5 Billion Barrels

During the last five years Statoil and its partners have invested as much as $7.84 billion on the Troll field, which came on stream in 1995. The investment level will remain high for many years to come. Troll is the story of achieving the impossible. The oil proven in connection with the largest gas

about 12 years ago
Apache to Sell Interest in Lucius and Heidelberg Projects for $1.4 Bln
Operations & Maintenance

Apache to Sell Interest in Lucius and Heidelberg Projects for $1.4 Bln

Apache Corporation informed that its Gulf of Mexico subsidiary will sell non-operated interests in the Lucius and Heidelberg development projects and 11 primary term deepwater exploration blocks to a subsidiary of Freeport-McMoRan Copper & Gold Inc. for $1.4 billion. The effective date of the transa

about 12 years ago
New Measures to Minimize Impacts of OWF Construction on North Atlantic Right Whales
Operations & Maintenance

New Measures to Minimize Impacts of OWF Construction on North Atlantic Right Whales

A coalition of leading environmental and conservation organizations — Conservation Law Foundation (CLF), Natural Resources Defense Council (NRDC) and National Wildlife Federation (NWF) — and Deepwater Wind announced an agreement to implement additional protections for endangered North Atlantic right

about 12 years ago
Emerson Deploys Roxar Downhole Wireless Sensor System on Statoil’s Skuld Field
Operations & Maintenance

Emerson Deploys Roxar Downhole Wireless Sensor System on Statoil’s Skuld Field

Emerson Process Management announced the successful first deployment of its Roxar Downhole Wireless PT Sensor System. The new instrument has been deployed as part of the completion on Statoil’s Skuld field in the Norwegian North Sea, where it is measuring online and in real-time pressure and tempera

about 12 years ago
McDermott Reports Net Loss of USD 50 Mln
Operations & Maintenance

McDermott Reports Net Loss of USD 50 Mln

McDermott International, Inc. announced financial results for the quarter ended March 31, 2014. The Company reported a first quarter net loss of $50 million or $0.21 per fully diluted share, and an operating loss of $42 million. The Company reported first quarter revenues of $604 million, a decrease

about 12 years ago
Tata Communications, Huawei and Huawei Marine Complete 400G Subsea Network Field Trial
Operations & Maintenance

Tata Communications, Huawei and Huawei Marine Complete 400G Subsea Network Field Trial

Tata Communications, a leading provider of a New World of Communications™, Huawei, a leading global information and communications technology (ICT) solutions provider and Huawei Marine, a global submarine cable network provider, announced the successful completion of a 400G field trial on a subsea n

about 12 years ago
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