Lamprell , a leading provider of specialist engineering services to the international oil & gas and renewables industry, announces that it has received a US$ 317 million new contract award from National Drilling Company (“NDC”), Abu Dhabi. This contract with NDC is for the construction and delivery
RDS, the world’s leading specialist designer of drilling facilities, has been awarded the contract for the Chirag Oil Project (COP) “Execute” phase by the Azerbaijan International Operating Company (AIOC), operated by BP. Following project sanction, RDS will perform the COP “Execute” phase including
Following the explosion and subsequent sinking of the Transocean Holdings LLC operated Deepwater Horizon drilling rig in the Gulf of Mexico in April 2010, BP and US Government authorities have been conducting unprecedented oil spill response activities. These ongoing efforts have sought to halt the
Subsea 7 Inc. today reports the second quarter and half year results for 2010. PERFORMANCE SUMMARY Quarter Highlights * Good project execution in all regions. * Award of the largest single contract to the Company’s i-Tech business by Petrobras in Brazil. The contract value is estimated at a minimum
BP today announced that, by mutual agreement with the BP board, Tony Hayward is to step down as group chief executive with effect from October 1, 2010. He will be succeeded as of that date by fellow executive director Robert Dudley. BP chairman Carl-Henric Svanberg said: “The BP board is deeply sadd
Polarcus Limited announced today that subsequent to the successful and on time completion by Polarcus of the first Gassnova 3D survey (“Johansen 3D”) on 04 July 2010, the second 3D project (“Troll Kystnær 3D”) comprising 323 square kilometers offshore Norway has received budgetary approval and will
On Saturday 24th July 2010 the scale model (1:50) of the powerful self-propelled ocean going rock cutter dredger ‘D’Artagnan’ was formally handed over by DEME’s C.E.O. Alain Bernard to the Panama Canal Authrorities (ACP) during a ceremony in the Miraflores Locks Visitor Centre. The scale model will
Spectrum ASA announced today the appointment of Richie Miller as President of Spectrum Geo Inc in Houston, Texas a 100% owned subsidiary. Spectrum CEO David Rowlands said,”Following an international search that commenced in the first quarter of 2010, we are pleased that Richie Miller has taken the p
Schlumberger Limited today reported second-quarter 2010 revenue of $5.94 billion versus $5.60 billion in the first quarter of 2010, and $5.53 billion in the second quarter of 2009. Income from continuing operations attributable to Schlumberger excluding charges was $818 million-an increase of 9% seq
Royal Boskalis Westminster N.V. has successfully closed an inaugural USD 450 million US Private Placement Notes program with 26 institutional investors in the United States and United Kingdom. The significantly oversubscribed program consists of three tranches with maturities of 7, 10 and 12 years a
Dockwise Ltd. announces the sale of type IV vessel MV Enterprise to optimize the composition of the company’s fleet with an increasing focus on premium cargoes. MV Enterprise has been sold to an undisclosed buyer and will be delivered to the buyer end of July 2010. The divestment of this type IV ves
The Port of Rotterdam Authority (PoRA) will invest approximately € 25 million in the creation of a site of almost 5 hectares to accommodate the future expansion of Botlek Tank Terminal (BTT). The land will be gained by filling in the south western corner of the Botlek dock with some 600,000 m3 of sa
Aker Solutions has won a contract with Eni Norge for the design and supply of an on-vessel Pusnes mooring systemTM for the Goliat FPSO. The total contract value for Aker Solutions is approximately NOK 150 million (USD $24 Million).
On July 20, 2010 Ms. Marie-Ange Debon was appointed member of the Board of Directors of Technip, replacing Jean-Pierre Lamoure. Ms. Debon’s appointment follows the recommendation of the Fonds Stratégique d’Investissement (FSI). Biographical background: Marie-Ange Debon is General Secretary of the Su
