Halliburton announced that income from continuing operations for the fourth quarter of 2012 was $589 million, or $0.63 per diluted share. This compares to reported income from continuing operations for the third quarter of 2012 of $608 million, or $0.65 per diluted share. Adjusted income from contin
CGG announced that the main agreements needed to close the acquisition of Fugro’s Geoscience Division have been signed. The effective date of the closing will be January 31st, 2013, with the exception of the airborne activity and certain minor assets which will be contributed later, once all operati
A dive survey to conduct an external visual assessment of the Rena’s sunken stern section and its cargo has now been completed. Early indications from the surveys suggest that of the 36 remaining containers in the stern section carrying known contaminants, many have broken up and their contents have
Navy Divers at Naval Station (NS) Guantanamo Bay, Cuba, were awarded Navy and Marine Corps Achievement Medals Jan. 23 for helping save a life. Commanding Officer Capt. J.R. Nettleton presented the awards to four Navy Divers for their role in rescue operations that took place as a civilian diver was
On 24th of January, Karoon Gas Australia Ltd had confirmed the discovery of oil at the Kangaroo-1 exploration well. Kangaroo-1 was drilled to a depth of 3049 mRT and a light oil column has been confirmed by mudlog, wireline petrophysical and MDT pressure data of the Eocene aged rocks. A gross oil co
Mermaid Maritime Public Company Limited (“Mermaid”) announces that its business unit Mermaid Offshore Services Limited (“MOS”) has been awarded another subsea construction services contract in China with an existing client, China Offshore Oil Engineering Co. Ltd. (“COOEC”). This contract will be per
Ocean Power Technologies, Inc., a leading wave energy technology company, today announced that it recently received approximately $1.5 million under the State of New Jersey’s Business Tax Certificate Transfer Program. The Program enables companies to raise cash to finance their growth and operations
The first four of eight piles for offshore wind turbines were loaded on January 20 in Vlissingen for shipment to offshore wind farm DanTysk located in the North Sea, 70 kilometers west of the island of Sylt on the border between the Germany and Denmark. The 65 meter long piles will be carried with 1
The elite saturation divers of the Navy, set a new national record for the deepest ocean dive when they dived to 257 meters on 9th January in the Arabian Sea about 35 nautical miles off Kochi. The Divers from INS Nireekshak – Lieutenant Malkeet Singh, Mukesh Kumar Leading Seaman, BS Bora Leading Sea
Hydroid, Inc., a subsidiary of Kongsberg Maritime, the leading manufacturer of Autonomous Underwater Vehicles (AUVs), will hold an Open Enrollment Training session during the week of February 25-March 1, 2013, in Gulfport, MS. Training will focus on basic operations and maintenance as Hydroid’s high
Antrim announced that its wholly-owned UK subsidiary Antrim Resources (N.I.) Limited (“ARNIL”) has entered into a US$ 30 million Payment Swap transaction with Credit Suisse AG (“CSAG”) and a Brent oil price Commodity Swap transaction with Credit Suisse International (“CSI”). US$ 30 Million Payment S
Tocardo International, the leading producer of tidal and free-flow water turbines, and Repsol, the international integrated energy company, announce a partnership between the two companies. The Repsol New Energy Ventures and Tocardo partnership will provide a platform for both companies to develop o
Emerald Networks, a new-build network submarine cable system that will connect North America to Europe and Iceland with extraordinary new capacity, announced the signing of a Landing Party Agreement (LPA) with multinational telecommunications provider AT&T. Under this agreement AT&T will provide fac
Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and appraisal company, provided an update on its 100% owned and operated licences P1885 and PL 5/10 in the Rathlin Basin, offshore Northern Ireland. In 2012, Providence acquired a Full Tensor Gradiometry (FTG) and magnetic
