In-depth articles
USA: GLDD Reports Third Quarter Results
Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition and remediation services, today reported financial results for the quarter and nine months ended September 30, 2011. Commentary Chief Exe
USA: Schlumberger Reports Third-Quarter Results
Schlumberger Limited reported third-quarter 2011 revenue of $10.23 billion versus $9.62 billion in the second quarter of 2011, and $6.85 billion in the third quarter of 2010. Income from continuing operations attributable to Schlumberger, excluding charges and credits, was $1.32 billion—an increase
BSEE Director Delivers Remarks at IRF 2011 Global Offshore Safety Summit Conference (Norway)
Bureau of Safety and Environmental Enforcement (BSEE) Director Michael R. Bromwich delivered remarks at the International Regulators Forum (IRF) 2011 Global Offshore Safety Summit Conference in Stavanger, Norway. The IRF is a group of nine offshore upstream health and safety regulators from eight co
Prysmian Reports Results for First Half of 2011 (Italy)
The Board of Directors of Prysmian S.p.A. has approved the consolidated results for the first half of 2011. “The first half of 2011 has confirmed the signs of recovery in demand seen from the second half of last year, resulting in a volume increase for the majority of businesses”, states CEO Valerio
Prysmian Announces Results for First Half of 2011 (Italy)
The Board of Directors of Prysmian S.p.A. has approved the consolidated results for the first half of 2011. “The first half of 2011 has confirmed the signs of recovery in demand seen from the second half of last year, resulting in a volume increase for the majority of businesses”, states CEO Valerio
Centrica Presents Results for Period Ended 30 June 2011 (UK)
Operating and financial overview: *On track to deliver full year earnings growth in 2011, despite commodity price volatility, challenging economic environment and higher UK upstream gas and oil tax rates *shift in profits from the downstream to the upstream *UK residential energy operating profit* h
Global Wind Power Potential (Switzerland)
A growing number of global wind resource assessments have demonstrated that the world’s technical potential for wind power exceeds current global electricity production. The theoretical potential for wind, as estimated by the global annual flux, has been estimated at 6,000 EJ/yr (Rogner et al., 2000
Brazil: OGX Reveals Business Plan for Campos and Parnaiba Discoveries
OGX Petróleo e Gás Participações S.A., the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, announces today details of the Company’s business plan for the Campos and Parnaíba discoveries. “Following OGX’s discoveries and successful appraisal ca
DAMEN Presents Flexible Dredging Concept and New Approach to Deep Sea Mining (The Netherlands)
The new flexible dredging concept is the answer to increasing demand for raw materials while sand winning locations are located further from shore at increased dredging depths. The RoRo Deep Dredge, which can work up to -200 m dredging depth, has specifically been designed to meet this demand and to
The Netherlands: DAMEN Presents New Approach to Deep Sea Dredging
The new flexible dredging concept is the answer to increasing demand for raw materials while sand winning locations are located further from shore at increased dredging depths. The RoRo Deep Dredge, which can work up to -200 m dredging depth, has specifically been designed to meet this demand and to
OTC 2011: BOEMRE Director Discusses Future of Offshore Drilling in USA (Transcript)
Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) Director Michael R. Bromwich(Photo Left) delivered remarks at the 2011 Offshore Technology Conference (OTC) in Houston, Texas.OTC is an international event, bringing together experts from around the world focusing on the developm
Papua New Guinea: Oil Search Reports Results for the Year Ended 31 December 2010
Oil Search today announced financial results for the year ended 31 December 2010. Commenting on the 2010 results, Mr. Peter Botten, Oil Search’s Managing Director, said the following: 2010 Full year results “Oil Search’s 2010 full year net profit including significant items was US$185.6 million, 39%
BOEMRE Director Discusses Future of Offshore Renewable Energy at Offshore Wind Power Conference (USA)
Today, Bureau of Ocean Energy Management, Regulation and Enforcement Director Michael R. Bromwich delivered remarks at the Second Annual Offshore Wind Power North America Conference in Boston, Mass. Director Bromwich discussed the current status of offshore renewable energy projects, how the reorgan
Golar LNG Energy Reports Q3 2010 Results (Bermuda)
Golar LNG Energy Limited reports a net loss of $12.7 million and operating loss before depreciation and amortisation of $0.7 million for the three months ended September 30, 2010 (the “third quarter”). Revenues in the third quarter at $19.1 million were increased from $14.5 million for the second qu
Ireland: Providence Resources’ 1st Half 2010 Financial & Operational Highlights
Financial Results for the Half Year ending June 30th 2010 Revenues for the first half of 2010 were up 8.3% to €11.335 million from €10.464 million due to increased volumes, product mix and the strength of the dollar relative to the euro. The average oil price per barrel achieved in H1 2010 was $78.4