T.D. Williamson, Inc. (TDW), a leading provider of pipeline equipment and services, has announced plans for the creation of a Global Pipeline Integrity Center in Salt Lake City, Utah. Once complete, this world-class showcase facility will combine the TDW inline inspection engineering, manufacturing,
Hallin Marine, a Superior Energy Services company, announces the commencement of a new inspection, repair and maintenance project offshore North West Java, Indonesia. “This is a contract from one of the region’s largest energy companies,” comments Rik Zwinkels, Managing Director of Hallin’s Singapor
ION Geophysical Corporation reported third quarter 2011 revenues of $115.7 million, compared to revenues of $121.6 million in the third quarter of 2010. Net income in the third quarter of 2011 was $8.7 million, or $0.06 per diluted share, compared to $11.9 million, or $0.08 per diluted share, in the
MEO Australia Limited announces that it’s wholly owned subsidiary Transworld Seruway Exploration Limited (TSEL) has executed a contract with PT PGS Nusantara (PGS) for the acquisition of a 705 km2 3D marine seismic survey in the Seruway PSC, offshore North Sumatra (TSEL participating interest 100%).
Aker Solutions’ operating revenues in the third quarter of 2011 were NOK 8.56 billion. Earnings before interest, tax, depreciation and amortisation amounted to NOK 322 million. Order intake in the quarter was NOK 8 billion. “Our subsea challenges in Brazil are well known. We are working on a number
After the end of the third quarter, contracts have been completed for all vessels in GC Rieber Shipping’s portfolio. Order backlog has been increased by half a billion, compared with the previous quarterly reporting. – This gives us an excellent starting point for the future in a turbulent period, s
TGS reports net revenues of USD 160 million in Q3 2011, compared to USD 130 million in Q3 2010, a 23% increase. Investments were USD 111 million, up 77%. These investments were a record for the Company in a single quarter and resulted in a record high number of vessels utilized in a quarter. [&helli
Colby Rhodes has joined Hydratight in Texas as the company’s Western Region HSEQ leader. He will be responsible for health, safety and quality matters throughout the Americas and for coordination of his role with that of Hydratight colleagues internationally. Colby joins the company from Kinder Morg
Luis Araujo and Erik Wiik have been appointed regional managers for Aker Solutions in Brazil and North America respectively. The regional managers will develop a common Aker Solutions strategy and co-ordinate customer approach in the regions. They will report to Aker Solutions’ CEO. The appointment
The relocation of the approx 5,000 stones at the surface of the seabed, which may cause problems to the wind turbine and cable installation, is well underway. However, a number of planned wind turbine positions are presently being screened with advanced sonar equipment to unveil any critical stones
Nexans, a worldwide leading expert in the cable industry, has been awarded a 75 million euro contract by Statoil to design, manufacture and supply a total of 165 km of static and dynamic power umbilical and power cables, as well as necessary accessories, for the Åsgard oil and gas field in the Norwe
On Tuesday November 8, Federal Chancellor Angela Merkel – together with President Dmitry Medvedev and the Prime Ministers of France François Fillon and the Netherlands Mark Rutte and EU Energy Commissioner Gunther Oettinger – will formally inaugurate the first of Nord Stream’s twin 1,224 kilometre
Cal Dive International, Inc. reported a third quarter 2011 net loss of $5.6 million, or $.06 per diluted share, excluding $28.8 million ($.31 per diluted share) of after-tax non-cash impairment charges related to certain fixed assets recorded as part of the Company’s annual impairment review. Includ
Polarcus Limited announces the release of its third quarter 2011 financial statements. In the third quarter 2011 Polarcus continued to focus on growing the company’s seismic operations. The company successfully initiated its first two 3D multi-client projects, delivered a strong operational performa
