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Business & Finance

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UK: Ensco, Pride to Hold Shareholder Meetings to Vote on Merger
Business & Finance

UK: Ensco, Pride to Hold Shareholder Meetings to Vote on Merger

Ensco plc and Pride International, Inc. jointly announced today that they each will hold special shareholder meetings on 31 May 2011 to vote on the merger of their companies, creating the world’s second largest mobile offshore drilling fleet. The Ensco and Pride joint proxy statement/prospectus has

about 15 years ago
Norway: Statoil Adds Another LWI Vessel to its Portfolio
Business & Finance

Norway: Statoil Adds Another LWI Vessel to its Portfolio

Statoil has awarded Island Offshore a framework agreement for light well intervention (LWI) services from their vessel Island Constructor. The duration of the framework agreement is three years, with an option to extend for another year. The third of its type in Statoil’s portfolio the vessel will h

about 15 years ago
Belgian Employment Service Chooses Kongsberg Maritime Ship’s Bridge Simulators
Business & Finance

Belgian Employment Service Chooses Kongsberg Maritime Ship’s Bridge Simulators

Kongsberg Maritime has been selected to supply eight bridge Polaris Ship’s Bridge Simulator to Vlaamse Dienst Voor Arbeidsbemiddeling… (kongsberg) [mappress] Source: kongsberg, April 27, 2011;

about 15 years ago
Statoil Receives Consent to Conduct Exploration Drilling in North Sea (Norway)
Business & Finance

Statoil Receives Consent to Conduct Exploration Drilling in North Sea (Norway)

Statoil has received consent to conduct exploration drilling of well 16/7-10 in the central part of the North Sea using the mobile facility Ocean Vanguard. The well will be drilled in production licence 569, approx. 17 kilometres northeast of Sleipner. The well coordinates are N 58° 29′ 56.56″, E 02

about 15 years ago
CB&I Releases First Quarter 2011 Results (The Netherlands)
Business & Finance

CB&I Releases First Quarter 2011 Results (The Netherlands)

CB&I reported net income of $50.5 million, or $0.50 per diluted share, for the first quarter of 2011, compared with $42.2 million, or $0.42 per diluted share, in the first quarter of 2010. Revenue for the quarter was $954.3 million compared with first quarter 2010 revenue of $869.3 million. New awar

about 15 years ago
Odfjell Drilling Secures Contract Worth USD 175 M for its Drillship Deepsea Metro I (Norway)
Business & Finance

Odfjell Drilling Secures Contract Worth USD 175 M for its Drillship Deepsea Metro I (Norway)

Odfjell Drilling has on behalf of Deep Sea Metro Ltd. secured a contract with the BG Group for its first drillship; the Deepsea Metro I. The contract with BG Group has a firm duration of 365 days with 3×6 months options and a contract value of approximately 175 million USD including mobilization and

about 15 years ago
L&N Scotland Wins Subsea Contract Worth USD 1.9 Million from GE VetcoGray
Business & Finance

L&N Scotland Wins Subsea Contract Worth USD 1.9 Million from GE VetcoGray

L&N (Scotland) has been awarded two contracts worth in excess of £1.2 million by GE VetcoGray. The Aberdeen-based engineering and fabrication company will manufacture and supply 110 subsea control products to be deployed on various North Sea subsea projects. The award reinforces L&N’s decision to fo

about 15 years ago
UK: L&N Scotland Lands VetcoGray Subsea Control Products Contract
Business & Finance

UK: L&N Scotland Lands VetcoGray Subsea Control Products Contract

L&N (Scotland) has been awarded two contracts worth in excess of £1.2 million by GE VetcoGray. The Aberdeen-based engineering and fabrication company will manufacture and supply 110 subsea control products to be deployed on various North Sea subsea projects. The award reinforces L&N’s decision to fo

about 15 years ago
Areva and GDF Suez to Enter Offshore Wind Partnership (France)
Business & Finance

Areva and GDF Suez to Enter Offshore Wind Partnership (France)

French nuclear reactor manufacturer Areva and utility GDF Suez are expected to announce a partnership in offshore wind energy in the next… (ifandp) [mappress] Source: ifandp, April 26, 2011

about 15 years ago
Deep Sea Supply Wins 4 Charter Contracts for its AHTS Vessels in Russia
Business & Finance

Deep Sea Supply Wins 4 Charter Contracts for its AHTS Vessels in Russia

Deep Sea Supply has been awarded time charter contracts for the AHTS vessels “Sea Jaguar”, “Sea Cheetah”, “Sea Ocelot” and “Sea Hawk 1” with Gazflot for operations in the Sakhalin area. The duration of the contracts are 6 – 7 months. The vessel “Sea Hawk 1” is time chartered from “JSE Shipping Pte L

about 15 years ago
Deep Sea Supply Secures Contracts for 4 AHTS Vessels (Cyprus)
Business & Finance

Deep Sea Supply Secures Contracts for 4 AHTS Vessels (Cyprus)

Deep Sea Supply announces that we have been awarded time charter contracts for the AHTS vessels “Sea Jaguar”, “Sea Cheetah”, “Sea Ocelot” and “Sea Hawk 1” with Gazflot for operations in the Sakhalin area. The duration of the contracts are 6 – 7 months. The vessel “Sea Hawk 1” is time chartered from

about 15 years ago
Statoil Extends Contract for Ocean King Vessel (Norway)
Business & Finance

Statoil Extends Contract for Ocean King Vessel (Norway)

Statoil ASA has declared all remaining 3 years options for the Ocean King. The firm period is now until 2nd July 2014. Ocean King is relocated to the Norne field with Sandnessjøen as base and Crew change port. Statoil’s declaration shows that vessel and Crew have served Statoil in an excellent manne

about 15 years ago
Russia: OMK Completes Pipe Deliveries for Nord Stream Pipeline Phase 2
Business & Finance

Russia: OMK Completes Pipe Deliveries for Nord Stream Pipeline Phase 2

As scheduled, April 23, 2011, Vyksa Steel Works (VSW, Nizhni Novgorod Region), part of United Metallurgical Company (OMK), completed its deliveries of large-diameter pipes (LDP) for the construction of Phase 2 of the international gas pipeline Nord Stream. From May 2010 to April 2011, more than 200

about 15 years ago
OceanTools Invests USD 1.6 Million in New Headquarters (UK)
Business & Finance

OceanTools Invests USD 1.6 Million in New Headquarters (UK)

OceanTools, which designs and manufactures products for the subsea ROV and robotics industry, has made a million pound investment in new build headquarters in Aberdeen. The custom built offices, situated within the Aberdeen Science and Technology Park, are almost four times as large as the company’s

about 15 years ago
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