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Business & Finance

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Fossil EnergyEquipmentSubseaOperations & MaintenanceProject & TendersResearch & DevelopmentOffshore Wind
UK: SMD Wins Prestigious Award for its ROV Design
Business & Finance

UK: SMD Wins Prestigious Award for its ROV Design

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

about 15 years ago
Schlumberger Releases First-Quarter 2011 Results (France)
Business & Finance

Schlumberger Releases First-Quarter 2011 Results (France)

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

about 15 years ago
SMD Wins Queen’s Award for Outstanding Innovation for Design of WROVS (UK)
Business & Finance

SMD Wins Queen’s Award for Outstanding Innovation for Design of WROVS (UK)

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

about 15 years ago
Wood Group Completes Acquisition of Production Services Network Limited (UK)
Business & Finance

Wood Group Completes Acquisition of Production Services Network Limited (UK)

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

about 15 years ago
USA: Schlumberger Posts 1Q 2011 Revenue of USD 8.72 Billion
Business & Finance

USA: Schlumberger Posts 1Q 2011 Revenue of USD 8.72 Billion

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

about 15 years ago
UK: Ensco Announces 1Q 2011 Revenues of USD 362 Million
Business & Finance

UK: Ensco Announces 1Q 2011 Revenues of USD 362 Million

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

about 15 years ago
RWE Dea Wins Two New Licences Offshore Norway
Business & Finance

RWE Dea Wins Two New Licences Offshore Norway

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

about 15 years ago
UK: Wood Group Acquires Production Services Network Ltd
Business & Finance

UK: Wood Group Acquires Production Services Network Ltd

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

about 15 years ago
CGGVeritas Acquires Petrodata Consulting LLC (France)
Business & Finance

CGGVeritas Acquires Petrodata Consulting LLC (France)

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

about 15 years ago
Russia: Gazprom, Eni Officials Discuss Bilateral Cooperation Issues
Business & Finance

Russia: Gazprom, Eni Officials Discuss Bilateral Cooperation Issues

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

about 15 years ago
Oxygenation of Sea Bottom Can Save Baltic Sea, Scientists of Gothenburg University Said (Sweden)
Business & Finance

Oxygenation of Sea Bottom Can Save Baltic Sea, Scientists of Gothenburg University Said (Sweden)

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

about 15 years ago
SMart Wind Installs First Met Mast at 4GW Hornsea Zone this Summer (UK)
Business & Finance

SMart Wind Installs First Met Mast at 4GW Hornsea Zone this Summer (UK)

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

about 15 years ago
SMart Wind Installs First Met Mast at 4GW Hornsea Zone this Summer (UK)
Business & Finance

SMart Wind Installs First Met Mast at 4GW Hornsea Zone this Summer (UK)

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

about 15 years ago
STX Finland Signs Contract with Saipem for Maintenance of Pipelay Vessel Castoro Sei (Finland)
Business & Finance

STX Finland Signs Contract with Saipem for Maintenance of Pipelay Vessel Castoro Sei (Finland)

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

about 15 years ago
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