Search results for: drilling package

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  • 13 July 2011
    Operations & Maintenance, Research & Development, Technology

      The UK’s leadership in the development of wave-generated power continued apace as wave energy developer Aquamarine Power invited Scotland’s First Minister Alex Salmond MSP to unveil the Oyster 800, the company’s next-generation hydro-electric wave energy converter. 800kW device At a ceremony at Burntisland Fabrications’ yard at Methil, Fife, the First Minister welcomed the advancements […]

  • 27 January 2012
    Business & Finance, Operations & Maintenance, Research & Development

      Western Process Controls have been one of Western Australia’s premier valve suppliers for the past 27 years, primarily in the Topside and Downstream market segments. With the advancements in subsea technology, making more subsea production processes possible and significant subsea projects in WA has led Western Process Controls to partner with ATV (Advanced Technology […]

  • 25 November 2010
    Business & Finance

    Nakilat-Keppel Offshore & Marine (N-KOM), Qatar’s premier offshore and marine facility jointly developed by Keppel Offshore & Marine Limited (Keppel O&M) and Qatar Gas Transport Company Ltd (Nakilat), was launched by the Emir of Qatar, His Highness Sheikh Hamad bin Khalifa Al Thani, and Singapore’s Minister for Trade and Industry, Mr Lim Hng Kiang. On […]

  • 8 February 2011

      BG Group will today present its Annual Strategy update and Fourth Quarter and Full Year 2010 results. Key points from the Annual Strategy update presentation * Exploration and Production (E&P): BG Group reaffirms its E&P long-term average growth range of 6-8% out to 2020, with the 7% mid-point now achievable from existing discoveries alone. […]

  • 22 April 2014
    Business & Finance

    GulfMark Offshore, Inc. today announced its results of operations for the three-month period ended March 31, 2014. For the first quarter ended March 31, 2014, revenue was $119.6 million, and net income was $16.6 million, or $0.63 per diluted share. Quintin Kneen, President and CEO, said, “I am excited about what 2014 has in store […]

  • 2 April 2012

    Tennessee agencies and U.S. Army Corps of Engineers officials signed a new partnership agreement today that reaffirms a commitment to cooperate and communicate with each other to achieve mutual water resource goals aimed at improved quality of life for citizens. The federal and state agencies last signed a partnership agreement in 2009. Flood responses on […]

  • 22 January 2015
    Business & Finance, Equipment, Research & Development

    MBARI engineers have designed a new underwater camera and lighting system which they hope will be simple and inexpensive enough so that almost any researcher could build one. The SeeStar project, as it is called, began as the brainchild of marine biologist Steve Haddock and Electrical Engineer Chad Kecy. Haddock, an expert on jellies, wanted […]

  • 15 December 2010
    Business & Finance

      Kosmos Energy today announces that the company has inaugurated oil production from its $3.3 billion world-class Jubilee Field development offshore the Republic of Ghana. Kosmos and its partners today are participating in a formal celebration to commemorate first oil hosted by His Excellency John Atta Mills, President of Ghana. The first phase of Jubilee […]

  • 8 April 2013
    Business & Finance, Equipment

    GE  and Lufkin Industries Inc.  announced today a joint agreement whereby GE will acquire Lufkin Industries Inc., a leading provider of artificial lift technologies for the oil and gas industry and a manufacturer of industrial gears, for approximately $3.3 billion. Lufkin shareholders will receive $88.50 per share in cash for each of their Lufkin shares. […]

  • 8 April 2013

    GE and Lufkin Industries Inc. announced today a joint agreement whereby GE will acquire Lufkin Industries Inc., a leading provider of artificial lift technologies for the oil and gas industry and a manufacturer of industrial gears, for approximately $3.3 billion. Lufkin shareholders will receive $88.50 per share in cash for each of their Lufkin shares. […]

  • 14 July 2011
    Business & Finance

      The UK’s leadership in the development of wave-generated power continued apace as wave energy developer Aquamarine Power invited Scotland’s First Minister Alex Salmond MSP to unveil the Oyster 800, the company’s next-generation hydro-electric wave energy converter.  800kW device At a ceremony at Burntisland Fabrications’ yard at Methil, Fife, the First Minister welcomed the advancements […]

  • 9 November 2012
    Business & Finance, Operations & Maintenance

    Odyssey Marine Exploration, Inc., pioneers in the field of deep-ocean shipwreck exploration, reported results for the third quarter ended September 30, 2012, and filed the Company’s third quarter Form 10-Q with the Securities and Exchange Commision. Third Quarter Financial Results Odyssey generated net income of $3.8 million for the third quarter of 2012, compared to […]

  • 29 October 2013

    BP today announced its financial results for the third quarter of 2013. Underlying replacement cost profit for the period was $3.7 billion, compared to $2.7 billion for the previous quarter. Operating cash flow in the quarter was $6.3 billion. Consistent with its commitment to maintaining a progressive and sustainable dividend policy, BP also announced that […]

  • 24 March 2016

    The latest U.S. Gulf of Mexico lease sale has attracted $156 million in high bids for 128 tracts covering 693,962 acres in the Central Planning Area of the Outer Continental Shelf offshore Louisiana, Mississippi and Alabama. This, combined with no bids for the Eastern Gulf Sale, translates into one of the lowest industry interest in the history […]

  • 7 November 2012

    Accidents will always happen. It does not matter how advanced your equipment is, errors are usually human and as long as the shipping industry has a human factor, the salvage industry will be there to assist. In fact, this industry can assist in the most durable way possible and also looks for ways to inform […]

  • 20 June 2011

    Today, Statoil presented its long term growth outlook. The company expects to raise production from around 1,9 million barrels in 2010 to above 2.5 million barrels of oil equivalents per day in 2020. With premium positions on a revitalised Norwegian Continental Shelf (NCS) and a world class project portfolio, Statoil is positioned to deliver strong […]

  • 2 January 2012

    Dart Energy (CBM) International Pte Limited, a wholly owned subsidiary of Dart Energy Limited has agreed to acquire all of the unconventional gas assets of Greenpark Energy Limited, comprising 22 onshore licences in the UK. Consideration is a total of $42 million to be paid in two tranches, and made up of a mixture of […]

  • 29 May 2020
    Automation, Equipment, Innovation, IT & Software, Operations & Maintenance, Safety, Technology

    As desk-based workers get to grips with new digital tools, current working conditions in all major business sectors have made one question more pressing than ever before – what do we mean when we talk about digital? In heavy industries, such as oil and gas, investments in automation has reduced dependency on human activity and […]

  • 17 May 2019

    The U.S. Coast Guard has managed to contain a Gulf of Mexico oil leak that has been leaking for over 14 years from Taylor Energy’s toppled oil platform.

  • 6 October 2015
    Business & Finance

    The United States joined the five Gulf states in announcing a settlement to resolve civil claims against BP arising from the April 20, 2010 Macondo well blowout and the massive oil spill that followed in the Gulf of Mexico. This global settlement resolves the governments’ civil claims under the Clean Water Act and natural resources […]

  • 13 April 2012

    On January 31st 2012, in the Waalhaven in Rotterdam, the flags were changed on Neptune, a new self-propelled self-elevating platform, purpose-built for offshore wind farm construction. First the red-and-white flag of the builder, IHC Merwede, was lowered, quickly followed by the hoisting of the green-and-white flag of GeoSea, a company part of the DEME group […]

  • 16 July 2018

    OPEC will maintain its role as a key oil supplier through to 2040, although output from non-OPEC producers will help ensure adequate supply in the years to 2030, according to Wood Mackenzie.