China Oilfield Services Limited announced its unaudited results for the three months ended 31 March 2011. During the first quarter of 2011, the Group proactively met with competitions from the market, strived to explore domestic and overseas new markets while reinforcing its presence in existing mar
IHC Engineering Business (IHC EB), a part of IHC Merwede group, has successfully delivered its largest project to date, a 2,000 tonne capacity J-Lay tower for client Saipem. After intensive design, manufacture and installation, assisted by Saipem teams, the system is en route to West Africa. The rig
Sevan Marine ASA and Sevan Drilling ASA announce the completion of the bookbuilding period for the initial public offering of the shares in Sevan Drilling. Shares will be priced at NOK 8 per share. Sevan Drilling will issue 240,625,000 new shares in connection with the Offering, representing 71.5% o
Oceaneering International, Inc. reported first quarter earnings for the period ended March 31, 2011. On revenue of $470.4 million, Oceaneering generated net income of $42.1 million, or $0.77 per share. During the corresponding period in 2010, Oceaneering reported revenue of $435.2 million and net in
BMT Scientific Marine Services has launched a fully-qualified ROV-Serviceable Subsea Strain Sensor Assembly (SSSA) for monitoring the structural integrity of subsea structures (tendons, production risers, steel catenary risers, platform legs and braces, etc). Until now, sensors were limited to diver
Dolphin Geophysical announces the appointment of R. Gareth Williams, PhD, as Chief Geophysicist. Reporting to Tim Wells, Gareth will be responsible for ensuring that all geophysical aspects of our surveys are of the highest standard. Since joining the seismic industry in 1981, Gareth has global expe
Ofgem E-Serve has announced a short list of four bidders competing to own and run links to a further three offshore wind farms. The shortlisted bidders for the second tender round are competing to own and run connections to the Gwynt y Môr, Lincs and London Array (phase 1) offshore wind projects. Th
Polarcus Limited announces the release of its first quarter 2011 financial statements. In the first quarter 2011 Polarcus has continued to deliver on its growth strategy, expanding the Company’s operations, fleet and backlog, and securing new financing. Compared with the previous quarter, revenues w
In accordance with announcement made on March 25, 2011, and in relation to the listing of Sevan Drilling ASA, Mr. Jan Erik Tveteraas will retire from the position as CEO of Sevan Marine ASA to take on the position as CEO of Sevan Drilling ASA. Mr. Tveteraas was a founding shareholder of Sevan Marine
Trelleborg will showcase its vast product portfolio for the offshore industry at this year’s Offshore Technology Conference May 2-5 in Houston. The oil and gas industry is a key focus for Trelleborg (STKM: TREL-B). The Sealing Solutions,Offshore and Industrial Hose businesses will demonstrate a numb
OceanWorks International welcomes Robert Keith to their team in the position of General Manager. Acting as General Manager, Robert’s primary function will be to promote the company’s deepwater engineering, fabrication, and operational capabilities. Robert has worked in the offshore underwater servic
The Norwegian Petroleum Directorate (NPD) will carry out acquisition of 2D seismic data in the waters around Jan Mayen this summer. The acquisition activity will start around 10 June and will last up to three months. Last fall, the Norwegian government resolved that an impact assessment would be mad
Hercules Offshore, Inc. and Seahawk Drilling, Inc. announced the completion of the asset purchase and sale previously disclosed on February 11, 2011. In accordance with the terms of the Asset Purchase Agreement, Hercules Offshore will acquire 20 jackup rigs located in the U.S. Gulf of Mexico and rel
On 27 April the Petroleum Safety Authority Norway (PSA) presented its 2010 report regarding the risk level on the Norwegian shelf (RNNP). The report is largely in line with Statoil’s own reports regarding health, safety and environment on the shelf. “This report is important for us. It shows where w
