Statoil’s second quarter 2011 net operating income was NOK 61.0 billion (USD 11.15 billion) , a 129% increase compared to NOK 26.6 billion (USD 4.86 billion) in the second quarter of 2010. The quarterly result was mainly affected by a 32% increase in the average prices for liquids measured in NOK, a
Petroleum Geo-Services ASA published second quarter and first half 2011 results. “We delivered our best quarterly MultiClient sales ever with pre-funding revenues boosted by high GeoStreamer MultiClient activity in the North Sea and Australia. We also experienced strong interest for our MultiClient
Papua New Guinea’s National Court has rejected an application for a permanent halt to the use of deep sea waste disposal by the 1.5 billion… (radioaustralia) [mappress] Source: radioaustralia, July 27, 2011;
Carnegie Wave Energy Limited announces the appointment of Mr John Leggate, CBE, FREng to its Board of Directors as a non-executive director. Scottish-born and London-based, Mr Leggate is a highly experienced oil and gas and venture capital industry executive. He worked for over twenty seven years fo
The hatch of the Jiaolong, a Chinese-manned submersible vessel, opened at 10:13 am on Tuesday (Beijing time) in international waters in the… (chinadaily) [mappress] Source: chinadaily, July 27, 2011;
Joint integrity specialist Hydratight has announced new appointments to its Morgrip connector team. Morgrip is the unique weldless topside and subsea pipeline connector developed by Hydratight and in use around the world. New to the development and sales team are: Sales and projects coordinator Alok
The Tritech Super SeaPrince DST Sonar is designed specifically for survey, observation and light work class ROV. The Super SeaPrince sets new standards in sonar technology; its advanced composite transducer and CHIRP signal processing generates images of unprecedented clarity and resolution In line
TGS has commenced the acquisition of an extension of its multi-client 3D seismic data in the Hoop Fault Complex area of the Barents Sea. This extension is to the west of the previously announced industry funded Hoop Fault Complex survey and will add 3,391 km2 to the existing data in the area. Upon c
Chevron Corporation and NASA’s Jet Propulsion Laboratory (JPL) announced today the formation of an alliance to develop a range of technologies to improve the production and recovery of oil and natural gas resources. The alliance’s initial focus is to develop a wide range of technologies—including po
Dominion Diving recently mobilized on onboard the vessel “RollingStone”, to complete the remaining subsea work for the natural gas development–The Deep Panuke Project. Over the next five weeks, Dominion Diving will be working with Tideway to provide free fly ROV services for the ‘Deep Panuke Rock Pl
Polarcus Limited announces the release of its second quarter 2011 financial statements. In the second quarter 2011 Polarcus has focused on strengthening the Company’s operations, backlog and balance sheet. Revenues for the second quarter are significantly higher compared to the same quarter last yea
TDW Offshore Services L.L.C. (TDW), a leading supplier of pipeline services and equipment, announced that it successfully completed a pipeline pressure isolation operation in the Gulf of Mexico for a major operator. The operation made it possible for the operator to safely replace a faulty shut down
FMC Technologies, Inc. today reported second quarter 2011 revenue of $1.2 billion, up 21 percent from the prior-year quarter. Diluted earnings per share were $0.39, equal to the prior-year quarter. Total inbound orders of $1.5 billion were up 18 percent from the second quarter of 2010 and included $
HYTEC Cape Town has recently been awarded a large contract by De Beers Marine Namibia for the refurbishment of the mining system hydraulics… (cbn) [mappress] Source: cbn, July 25, 2011;
