Xcite Energy announces that its 100% subsidiary, Xcite Energy Resources Limited (“XER”), has entered into an extension to the binding letter of intent (“LOI”) with British American Offshore Limited(“BAOL”), part of Rowan Companies, Inc. for the N-Class “Rowan Norway” jack-up rig. The LOI has been ex
A French company has acquired the assets of offshore cable laying firm Subocean which went into administration on Friday only months after… By Stephen Pullinger (eveningnews24) [mappress] Source: eveningnews24, February 02, 2011
AVEVA one of the world’s leading providers of engineering design and information management solutions to the plant, power and marine industries, announced that STX OSV AS has signed an agreement to purchase the full AVEVA Marine solution suite. This deployment will provide STX OSV AS with a powerful
Scotland’s First Minister, Alex Salmond, MSP, was given a tour of pipeline engineering specialist STATS Group, as the company revealed 2011 turnover would exceed £17.5 million ($28.2 million). Mr Salmond was invited to visit STATS’ headquarters in Kintore, near Aberdeen, in recognition of his suppor
For Ship Equip 2011 has started off with a bang as the total number of installed SEVSAT systems passed 900. Add to that a record order backlog of more than 230 SEVSATS and it is easy to see that the future for Ship Equip looks bright. “We have anticipated this for a while” says CEO […]
Questions have been raised recently about the safety situation on the Gullfaks field. Statoil is holding a press meeting today to review the HSE factors at Gullfaks and to review the field’s geology, well conditions and recovery strategy. Safety takes top priority “Our people must be safe at work, t
CITY chiefs are in talks with Mitsubishi to persuade it to increase its investment in the Edinburgh area. The Japanese engineering giant… (scotsman) [mappress] Source: scotsman, February 01, 2011
LONGREACH OIL AND GAS LIMITED, an oil & gas company focused on Morocco, announces the appointment of Jonathan Morley-Kirk as a Non-Executive Director and as Chairman of the Audit Committee. Mr Morley-Kirk is a Fellow of the Institute of Chartered Accountants in England and Wales specialising in emer
SSE (Scottish and Southern Energy plc) remains on course to deliver the financial and operational goals for the period to 31 March 2011 set… (scottish-southern) [mappress] Source: scottish-southern, February 01, 2011
SSE (Scottish and Southern Energy plc) remains on course to deliver the financial and operational goals for the period to 31 March 2011 set… (scottish-southern) [mappress] Source: scottish-southern, February 01, 2011
In January 2011 Deep Sea Supply`s AHTS fleet (all 12 AHTS Vessels) had an average gross income of approx. USD 15,000 per ship per day compared to USD 15,800 in December. The PSV fleet (all 8 PSVs) had an average gross income of approx. USD 16,900 per ship per day compared to USD 11,100 […]
Aker Solutions has on 1 February 2011 completed the sale of the principal operations within its Process and Construction business area to Jacobs Engineering Group Inc. (Jacobs). As disclosed on 22 December 2010, the transaction does not include the US EPC centre in Houston, and the Union Constructio
The board of BP announced today that it has appointed Mr. Phuthuma Nhleko as a non-executive director of BP p.l.c. with immediate effect. Mr. Nhleko is currently Group President and Chief Executive Officer of the MTN Group, the mobile telephony multinational company based in South Africa, positions
RWE Dea Norge has been awarded three promising licences in the recent APA 2010 licensing round by the Norwegian Ministery of Petroleum and Energy, of which one is in the North Sea and two are in the Norwegian Sea. This strengthens the company’s long-term commitment on the Norwegian Shelf. Licence PL
