Endeavour International Corporation today announced production for the second quarter 2012 averaged approximately 6,400 barrels of oil equivalent per day (“boepd”) compared to 3,200 boepd in the same period last year. The Company also announced production from the second Bacchus well and commencemen
Airborne Oil & Gas has won a contract with Petronas, for the qualification of several offshore flowline systems. Petronas has selected Airborne’s Thermoplastic Composite Pipe concept to become one of their principal offshore flowline solutions for hydrocarbon production. Mr. Rosli Tompang, Senior Ma
Electromagnetic Geoservices ASA (EMGS) has signed a contract worth approximately USD 7 million with a major international oil company to provide 3D EM acquisition and processing services in the Asia Pacific region. Data acquisition will be performed from the vessel EM Leader and is expected to comme
Cal Dive International, Inc. reported a second quarter 2012 loss of $5.7 million, or $0.06 per diluted share. This compares to a loss of $5.0 million, or $0.05 per diluted share for second quarter 2011. The results for second quarter 2012 included an effective tax benefit rate of 38%, compared to a
FMC Technologies, Inc. announced the appointment of Richard Clark as its Treasurer, effective August 1, 2012. Clark will report to Maryann Seaman, Senior Vice President and Chief Financial Officer. “We are fortunate to have Richard’s 15 years of FMC Technologies experience and his understanding of o
Technip, in a consortium with National Petroleum Construction Company (NPCC), was awarded by Zakum Development Company (ZADCO) a lump sum engineering, procurement, fabrication, installation, commissioning and start-up contract for the Upper Zakum 750K Project in Abu Dhabi, United Arab Emirates. The
TGS reports net revenues of USD 215 million in Q2 2012, compared to USD 136 million in Q2 2011, a 58% increase. This is the highest quarterly revenues in the Company’s history. Investments were USD 162 million, up 162% from Q2 2011. 2nd QUARTER HIGHLIGHTS – Consolidated net revenues were USD 214.8 m
RCUK SSC Limited, on behalf of the British Geological Survey (BGS), announced tender for hydrographic services. BGS, a component Research Centre of the Natural Environment Research Council, has a requirement for a marine geophysical and geotechnical pre-rig move site survey in the Gulf of Mexico, ap
ABG Shipyard has launched ‘RV Sindhu Sadhana’, the first indigenously built vessel designed for the oceanographic research, at a ceremony held on Tuesday in Surat, the Indian state of Gujarat, the Times of India reports. The ship has been specially developed for the needs of the National Institute o
Nautilus Minerals is to raise approximately CAD$34 million through a private placement of common shares to assist with the continued funding of its Seafloor Production System. The placement will involve the issue of approximately 37.7 million shares to a number of investors at a price of CAD$0.90 pe
Greatship Global Offshore Services Pte. Ltd., a Singapore incorporated subsidiary of Greatship (India) Limited (GIL), a wholly owned subsidiary of The Great Eastern Shipping Company Limited, has delivered the 2010 built Multipurpose Platform Supply and Support Vessel “Greatship Mamta”, to the buyers
The last of the 111 transition pieces has now been installed on monopile no. 111 in Anholt Offshore Wind Farm. This means that all foundations for Anholt Offshore Wind Farm are in place, and DONG Energy is well on its way in the construction of Denmark’s largest offshore wind farm. The next step is
Oceana acknowledges the generous support of Villum Foundation, which has awarded a twelve month grant to support Oceana’s Baltic Sea recovery programme. The funds will support the international marine conservation organization efforts to expand the network of Marine Protected Areas (MPAs) in this se
Nord Stream conducts an extensive environmental and socio-economic monitoring programme in relation to the construction and operation of the natural gas pipeline in the Baltic Sea. Reports are published aligned to national legislations in each country through whose waters the pipeline passes. At the
