CDL Inc announces that Julian Rickards has officially joined the CDL team in the position of Business Development Manager, Americas. Since Julian first began working in the Oil & Gas Industry, he has been employed with an international technology company that develops solutions for acoustic position
CGGVeritas announced its non-audited third quarter 2011 consolidated results. All comparisons are made on a year-on-year basis unless stated otherwise. Strengthening Financial Results *Group Revenue was $797 million, up 21% year-on-year and 6% sequentially. *Group Operating Income was $98 million, a
Hibernia Atlantic, the only US owned, diverse transatlantic high bandwidth connectivity provider, Huawei, a leading global information and communications technology (ICT) solutions provider, and Huawei Marine, a global submarine solutions supplier, announce today they have successfully completed the
The Nord Stream Pipeline became operational today and was hailed by political and business leaders as making a significant contribution to Europe’s long-term energy security. German Federal Chancellor Angela Merkel, Russian President Dmitry Medvedev, the Prime Ministers of France François Fillon and
Kreuz Holdings Limited , a subsea service provider for the oil and gas industry, reported that backed by a 150% jump in revenue from US$13.6 million to US$34.1 million, its profits had quadrupled for the three months ended September 30, 2011 , as compared to the previous corresponding period for FY2
Subsea equipment rental specialist Ashtead Technology announces the launch of a new Integrated Technical Services Group as a key part of its strategic growth strategy. The launch of this diversified service offering will include enhanced capabilities for bespoke systems integration, equipment mainte
The Board of Mediterranean Oil & Gas Plc , the central Mediterranean focused producer, developer and explorer of oil and gas assets, announces that it has entered into a short term secured loan with affiliates of certain of substantial shareholders, namely affiliated investment funds of Och-Ziff Cap
Kreuz Holdings Limited , a subsea service provider for the oil and gas industry, announced that the Group has secured its fifth set of contract wins worth approximately US$57.5 million from the Swiber Group. The value of this set of contract wins is made up exclusively from subsea work components fo
The submarine cable for telecommunications, which will connect the country with South Africa, England and other regions of the world, provid… (tmcnet) [mappress] Source: tmcnet ,November 08 , 2011
On November 7th, the N-Sea Group BV and Subcom BV have signed a Letter of Intent in relation to the acquisition of Subcom BV by the N-Sea Group BV. Both parties seek to complete this mutually beneficial transaction by the end of this week. As of January 2012 Subcom BV will be integrated into the [&h
Nido Petroleum Philippines Pty Limited as Operator of Service Contract 54B (SC 54B), announces the commencement of 2D seismic operations in SC 54B. NDO’s partners in SC 54B are Shell Philippines Exploration B.V. and Yilgarn Petroleum Philippines Pty Ltd (a wholly owned subsidiary of Kairiki Energy L
Xtera Communications, Inc., a leading global provider of optical networking solutions, announced that Columbus Networks upgraded the ARCOS-1 cable system with its recently introduced regional repeatered Submarine Line Terminal Equipment (SLTE). The 8,600-km submarine cable network connects the Carib
GO plc said that a specialised ship is to repair a submarine cable between Malta and Sicily which was damaged – slowing down Internet servic… (timesofmalta) [mappress] Source: Times of Malta, November 07 , 2011
Melrose Resources plc , the oil and gas exploration, development and production company, provided an update on its operations in Bulgaria, Romania and Egypt. Bulgaria The Company has commenced the acquisition of the planned 3D seismic survey on the Galata exploration block in the Western Black Sea.
