Providence Resources P.l.c. („Providence‟), the AIM and ESM listed exploration and production company announced that it has signed a 10 month option agreement with Star Energy Group (“Star”) in relation to its 100% owned and operated Standard Exploration Licence (SEL) 1/07 („Dragon Licence‟) in the
Federal environment minister Tony Burke today approved, with strict conditions, Shell’s Prelude floating LNG facility in the Browse Basin off the coast of Western Australia. “While there are significant economic benefits to these projects, which must be a consideration in my decision, my focus has b
EBIT rises despite decline in revenue Net result climbs 24.6% to EUR 21.8 million In the period from April 1 to September 30, 2010, REpower Systems AG (WKN 617703) generated a total performance of EUR 515.2 million (previous year: EUR 617 million) and group revenue of EUR 499 million (previous year:
To strengthen the capital structure and to further secure the capital structure targets DONG Energy A/S announces its intention to issue, subject to market conditions, new callable subordinated capital securities due 3010. At the same time DONG Energy hereby announces an invitation to all holders of
The Naming Ceremony of Siem Garnet took place in Ulsteinvik 4th of November at 12 PM. The godmother of this vessel is Maneesha Khanna Eriksrud. Siem Garnet is the 8th ship, out of the total of 10 VS491 CD, that is delivered from Kleven Maritime to Siem Offshore and Singa Star. Siem Opal, the next [&
* Market development holds back new business * Revenue target for 2010 reduced to around one billion Euros * EBIT margin target of 4% for the full year confirmed * Gross margin increased to 26,7 (22,3) percent * Order book increased to EUR 2.4 billion Hamburg, November 11, 2010. In the third quarter
The Board of Directors of DONG Energy A/S has today approved the interim financial report for the first nine months of 2010, which developed as follows compared with the results for the first nine months of 2009: Revenue was up DKK 2,699 million at DKK 38,490 million. EBITDA was up DKK 3,202 million
The Board of Directors of DONG Energy A/S has today approved the interim financial report for the first nine months of 2010, which developed as follows compared with the results for the first nine months of 2009: Revenue was up DKK 2,699 million at DKK 38,490 million. EBITDA was up DKK 3,202 million
Operating income for the quarter amounted to USD 73.4 million (USD 58.2 million). EBITDAFX was USD 18.5 million (USD 17.1 million). Operating loss was USD 19.5 million (loss of USD 0.2 million), and net loss was USD 66.4 million (net profit of USD 0.5 million). Operating income was USD 15.2 million
Aker Solutions advanced H6 drilling rigs use integrated Milestone video surveillance for state-of-the-art operational control in harsh environments. Aker Solutions is building model H-6e drilling rigs, the latest-generation of semisubmersible platforms specially designed to conquer the challenges of
Revenue for the period increased by 17% to USD 41.4 billion, primarily as a result of higher freight rates for the Group’s container shipping activities and higher oil prices. The net result for the period was a profit of USD 4.2 billion (a loss of USD 0.7 billion). “The result is exceptional, and w
On Wednesday November 10, Statoil decided to halt the drilling operations that were underway at the Gullfaks field in the North Sea. The drilling and well operations were stopped at Gullfaks for an additional review of Statoil’s routines for planning and conducting drilling operations. On Friday Oct
Wood Group has been awarded a five year operations and maintenance contract by Sevan Marine to provide asset management services for the FPSO Sevan Voyageur (Floating Production Storage & Offloading) on the Huntington field in the UK central North Sea. As duty holder, appointed by Huntington field o
Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, today announces the award of a contract in the Danish sector of the North Sea valued in excess of US $55 million. The Subsea 7 work scope is to engineer, procure, fabricate, install and commission a 2.2.km bundl
