Subsea 7 S.A. announced today the award of an engineering, procurement, installation and commissioning contract from Centrica Energy Upstream for the flowlines and subsea works on the Ensign Project, approximately 18km North West of the Audrey ‘A’ platform, located over Block 48/14 and 48/15 of the
On February 22, during a working visit to London, Mr. Rovnag Abdullayev, SOCAR President met with Mr. Robert Dudley, BP President at Company’s Head office. The meeting was attended by Mr. Rashid Javanshir, President of BP-Azerbaijan and other high-ranking officials of BP. The meeting covered the dis
There are a number of submarine cable routes being planned and under construction throughout Europe; these are built in the interest of trade and for the integration of renewable energy into the European grid. Cables are a huge investment; both of time and money, and any challenges arising could res
ATP Oil & Gas Corporation is expanding its deepwater operating and infrastructure expertise to offshore Israel. Subject to approval of the Ministry of National Infrastructures (MNI), ATP has signed agreements to acquire five licenses, of which two are pending, in approximately 4,000 feet of water. T
In a landmark development, du today announced partial activation of the new Europe India Gateway (EIG) submarine cable –which will enhance capacity and diversity between the UAE and Middle East to Europe and Asia. The EIG submarine cable was conceived by a 16-member consortium of leading regional an
Natural gas should play a key role in reaching Europe’s 2050 climate targets in the most cost-efficient manner, according to a report published today by the European Gas Advocacy Forum (EGAF). Statoil participates in the EGAF together with a number of other key gas players. The EGAF report addresses
Ropes made with Dyneema®, ultra-high molecular weight polyethylene (UHMWPE), are being successfully used to secure rigs, Mobile Offshore Drilling Units (MODUs), Buoyant Turret Mooring (BTM) systems and similar constructions in the offshore oil and gas industry. Users are finding them invaluable when
Kongsberg Seatex’s unique ‘eBird’ Seismic Streamer Control System has been nominated for the prestigious Honours Award for Design Excellence by the Norwegian Design Council (NDC). Kongsberg Seatex, Kongsberg Maritime’s specialist in position reference systems, and attitude determination, is one of f
Nexans, worldwide expert in the cable industry, has been awarded a contract by DONG Energy, based in Fredericia, Denmark, to supply the submarine cables and related accessories for the Anholt Offshore Wind Farm. The order, worth around 30 million euros, also includes the installation and commissioni
Siemens Energy has secured another order for an offshore wind power plant in Germany. For the customer DONG Energy the company will supply up to 89 wind turbines for the Borkum Riffgrund 1 project in the North Sea off the German coast. With a total capacity of 320 megawatts (MW) the wind power plant
Superior Energy Services, Inc. today announced net income of $3.0 million, or $0.04 per share on revenue of $456.9 million for the fourth quarter of 2010. The results included the following special items, which are primarily non-cash: * Pre-tax impairment charge of $32.0 million for components prima
Ensco plc reported diluted earnings per share from continuing operations of $0.90 for fourth quarter 2010, compared to $1.40 per share in fourth quarter 2009. Earnings from discontinued operations were $0.03 per share in the fourth quarter, compared to $0.06 per share a year ago. Diluted earnings pe
Repsol posted net income of 4.693 billion euros for 2010 compared to 1.559 billion euros in the previous year. Excluding extraordinary items, recurring net profit improved 54.9% to 2.360 billion euros. The 2010 earnings increase is mainly due to the good performance of the company’s ongoing activiti
J D Neuhaus, one of Europe’s foremost materials handling and lifting specialists, are exhibiting on stand number E58, hall 12 at the CeMAT… (mhwmagazine) [mappress] Source: mhwmagazine ,February 24, 2011;
