SMD has been honoured with the prestigious Queen’s Award for Enterprise in the innovation category for the design and manufacturer of Work Class Remotely Operated Vehicles (WROVS). The company, based in Wallsend near Newcastle-upon-Tyne, is one of the world’s leading manufacturers of remote inventio
Schlumberger Limited reported first-quarter 2011 revenue of $8.72 billion versus $9.07 billion in the fourth quarter of 2010 and $5.60 billion in the first quarter of 2010. Net income attributable to Schlumberger, excluding charges, was $972 million—a decrease of 16% sequentially but an increase of
SMD has been honoured with the prestigious Queen’s Award for Enterprise in the innovation category for the design and manufacturer of Work Class Remotely Operated Vehicles (WROVS). The company, based in Wallsend near Newcastle-upon-Tyne, is one of the world’s leading manufacturers of remote inventio
Wood Group, the international energy services company, confirms the completion of the acquisition of Production Services Network Limited (“PSN”). Bob Keiller has been appointed as executive director of Wood Group and CEO of the combined Wood Group PSN production services business. No further disclos
Schlumberger Limited today reported first-quarter 2011 revenue of $8.72 billion versus $9.07 billion in the fourth quarter of 2010 and $5.60 billion in the first quarter of 2010. Net income attributable to Schlumberger, excluding charges, was $972 million—a decrease of 16% sequentially but an increa
Ensco plc reported diluted earnings per share from continuing operations of $0.45 for first quarter 2011, compared to $1.12 per share in first quarter 2010. There were no discontinued operations in first quarter 2011. Earnings from discontinued operations in first quarter 2010 were $0.21 per share t
RWE Dea Norge has been awarded two licences in the recent licensing round by the Norwegian Government. This further strengthens the company’s long-term commitment on the Norwegian Shelf. RWE Dea was awarded a 30% share in the license PL609 in the Barents Sea and a 15% share in the license PL596 in t
Wood Group, the international energy services company, confirms the completion today of the acquisition of Production Services Network Limited (“PSN”). Bob Keiller has today been appointed as executive director of Wood Group and CEO of the combined Wood Group PSN production services business. In con
CGGVeritas purchased Petrodata Consulting LLC, a Moscow-based company offering static and dynamic reservoir modelling, reserve estimation and risking, and field development services to the international oil and gas industry. The acquisition of Petrodata further strengthens the reservoir services of
The Gazprom headquarters hosted yesterday a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Paolo Scaroni, Chief Executive Officer of Eni. The parties discussed the issues of bilateral cooperation in the energy sector within the Strategic Partnership Agreeme
Oxygenation brings dead sea bottoms to life. This creates the necessary conditions for the establishment of new ecosystems that enable nature itself to deal with eutrophication. By conducting pilot studies in the fjord of Byfjorden and the inlet of Kanholmsfjärden, researchers at the University of G
The SMart Wind consortium, led by Mainstream Renewable Power and Siemens Project Ventures, today announced the signing of contracts to install the first met mast at its 4,000MW Hornsea zone. The mast, which is due to be installed in August, will use the new “twisted jacket” foundation, designed by K
The SMart Wind consortium, led by Mainstream Renewable Power and Siemens Project Ventures, today announced the signing of contracts to install the first met mast at its 4,000MW Hornsea zone. The mast, which is due to be installed in August, will use the new “twisted jacket” foundation, designed by K
STX Finland Oy and Saipem S.p.A signed a contract on major overhaul and maintenance of the semisubmersible pipelay vessel Castoro Sei. The work on the ship, providing employment for as many as about 1,000 people, will be completed by STX’s Turku shipyard. The Castoro Sei is a 152 metres long and 7