Grenland Group has received three Letters of Intent for a total of NOK 220 million (USD 38.8 Million) from FMC Technologies’ Kongsberg operation. Manufacture of equipment to support the Ormen Lange Project Grenland Group, as a supplier to FMC Technologies, has received a Letter of Intent to manufact
FMC Technologies, Inc. announced that it will issue its first quarter 2011 earnings release after the market closes on Tuesday, April 26, 2011. The Company also announced it will host its first quarter 2011 earnings release teleconference on Wednesday, April 27, at 9:00 a.m. EDT. The teleconference
The South African Navy has awarded Armscor Defence Institutes subsidiary Institute for Maritime Technology a R2.582 million contract to deve… (defenceweb) [mappress] Source: defenceweb ,March 15, 2011;
VAALCO Energy, Inc. reported results for the fourth quarter and full-year of 2010. For the 2010 fourth quarter, VAALCO reported net income attributable to VAALCO of $8.9 million, or $0.15 per diluted share, compared to net income attributable to VAALCO of $2.2 million, or $0.04 per diluted share, fo
BHP Billiton CEO, Marius Kloppers, today announced a donation of US$1 million to the Red Cross to assist with disaster relief in the wake of the earthquake and tsunami in Japan. Mr Kloppers said BHP Billiton had a long standing and substantial relationship with Japan. “Japan is one of BHP Billiton’s
The Government of Papua New Guinea has confirmed that it intends to take up a 30% stake in the Solwara 1 project in the Bismarck Sea in Papua New Guinea (PNG). Nautilus Minerals Inc. will retain a 70% holding in a joint venture to be established with the PNG Government. In a letter to […]
Brunei Shell Petroleum (BSP – Shell 50%) announced today a significant new oil discovery in the coastal waters of the south-east Asian sultanate. The discovery, named Geronggong, is situated in the 3rd Offshore Acreage Area, approximately 100km offshore where water depth is approximately 1000m, the
Gulf Bridge International (GBI), the Middle East’s first privately owned submarine cable operator, has ‘successfully landed’ its cable at… (gulf-times) [mappress] Source: gulf-times, March 14, 2011;
RBG had a record month of contract wins in February, securing more than £150million of new work. RBG, which provides a wide range of expert services to maintain the integrity of production facilities, has experienced a period of significant activity in the North Sea, securing contract wins with a nu
The American energy giant ExxonMobil’s drillship “Deepwater Champion” passed through Turkey’s Canakkale Strait (the Dardanelles) and entered… (myfeedme) [mappress] Source: myfeedme, March 14, 2011;
Hosted by the research ship the RRS Discovery, the latest in the Autosub series of autonomous underwater vehicles (AUVs), Autosub Long Range, has successfully completed its first set of sea trials in a location in the deep Atlantic Ocean, 300 miles south-west of the Canary Islands. Autosub Long Rang
MMT (Marin Mätteknik AB) has been awarded the 2011 Mareano survey contract by the Norwegian Hydrographic Service. The survey will commence in mid-April 2011 and last for 2 months. The survey will include bathymetric data acquisition and processing in area Nordland VI in the Norwegian Sea outside the
Seaway Heavy Lifting is pleased to announce being awarded by Scira Offshore Energy Ltd the Foundation installation contract, including installation of two offshore Substation Topsides for the Sheringham Shoal project. Sheringham Shoal is a wind farm of 88 turbines and 2 substations over an area of 3
Scheldepoort Repair & Conversion Yard in the Netherlands secured a major contract for the conversion of the “M/V Agile” into a high-tech flexible Pipe Lay Support Vessel (PLSV). The Owner and operator of the vessel McDermott Inc is a well known company in the world-wide offshore industry. The conver
