Energean Oil & Gas announces the successful completion, testing and placement on production of the PA-35 infill well on Prinos Field. Reaching a total depth of 2,975 meters, ahead of budget in terms of both time and cost, the well is the first of a series of drilling activities and other interventio
Transocean Ltd. announced that one of its subsidiaries has been awarded five-year drilling contracts for two newbuild high-specification jackup rigs for operations in Thailand for a subsidiary of Chevron Corporation . The five-year drilling contracts are expected to commence during the first quarter
You would think that a cut to future subsidies for solar power in Spain would have minimal impact on northern European wind developers. (blogs.ft ) [mappress] Source: blogs.ft, February 17, 2011
Seven Havila is owned by JV Havila Shipping and Subsea 7 and won the award in one of the most important offshore conferences in the world. The winner Seven Havila got most votes in a worldwide poll in competition with three other nominated offshore vessels. The vessel is a Havyard 858 DSV design, is
Sterling Resources Ltd. announces that drilling is expected to commence within the next few days at both Cladhan (Blocks 210/29a & 210/30a) and Grian (Block 48/28b) in the UK North Sea, as drill rigs are currently being towed to the respective sites. At the Cladhan discovery, at least one well and a
Aker Solutions’ operating revenues in the fourth quarter of 2010 were NOK 15 billion and earnings before interest tax depreciation and amortisation (EBITDA) was NOK 1 191 million. The preliminary results for full year 2010 show revenues of NOK 50.8 billion and EBITDA of NOK 4.3 billion. All of the a
Oil services group Aker Solutions signals a stronger focus on international growth and engineering through an expansion of its executive management team. Three members have been added, of which two are non-Norwegian citizens. Wolfgang Puennel, a German citizen, has been appointed head of the new Wel
Aker Solutions’ operating revenues in the fourth quarter of 2010 were NOK 15 billion and earnings before interest tax depreciation and amortisation (EBITDA) was NOK 1 191 million. The preliminary results for full year 2010 show revenues of NOK 50.8 billion and EBITDA of NOK 4.3 billion. All of the a
FULL YEAR 2010 RESULTS • Revenue of €6.082 million, of which €2,732 million in Subsea • Group operating margin of 10.2% • Net Income of €418 million • Total Net cash of €1,332 million • Backlog of €9.228 million, underpinned by order intake of €2.473 million during fourth quarter 2010 • Recommendati
On February 15, 2011, Technip’s Board of Directors approved the audited full year 2010 consolidated accounts. Chairman and CEO Thierry Pilenko commented: “In 2010: Technip reinforced its focus on profitable and sustainable growth. “Our revenues for 2010 were at the top end of our expectations at €6.
BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy is set to broaden its capabilities in the Asia-Pacific region with the successful acquisition of port and harbour engineering specialists, JFA Consultants Pty Ltd based in Perth, Western Australia.
The Norwegian Petroleum Directorate (NPD) has granted Nexen Exploration Norge AS a drilling permit for wellbore 6507/8-8, cf. Section 8 of the Resource Management Regulations. Well 6507/8-8 will be drilled from the Songa Delta drilling facility in position 65°16’52.53” north and 7°25’29.91” east fol
The Norwegian Petroleum Directorate (NPD) has granted Marathon Petroleum Norge AS a drilling permit for wellbore 25/10-11, cf. Section 8 of the Resource Management Regulations. Wellbore 25/10-11 will be drilled from the Transocean Winner drilling facility at position 59° 12’ 48.06” north and 02° 07’
STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has secured a new contract for the design and construction of a Platform Supply Vessel of own design for an undisclosed international customer. The vessel i
