Noble Corporation yesterday reported third quarter 2011 earnings of $135 million, or $0.53 per diluted share, compared to $54 million, or $0.21 per diluted share, for the second quarter of 2011. Contract drilling services revenues totaled $705 million in the third quarter of 2011, up 20 percent from
TSC Group Holdings Limited has recently landed a series of offshore equipment contracts from key global clients, including Maersk, Transocean, Tidewater Marine, and Reliance. In addition, the Group has also been awarded five turnkey oil production platforms and vessels projects for ADMA-OPCO, Cuu Lo
DNV Navigator certificate no. 2000 has now been installed on the HS Chopin. The event took place while the 3,500 TEU container vessel visited the port of Hamburg yesterday. Navigator is a software package that simplifies port clearance procedures and ensures that the crew have the information needed
News these days from the Oregon State University seems to have taken its cue from Jules Verne. Lori Tobias (oregonlive) [mappress] Source: oregonlive, October 20 , 2011
Ithaca Energy Inc. announces that it has agreed to divest an interest in the Hurricane field to Dyas UK Limited (“Dyas”). The Company has also signed a contract letter of intent to secure a rig for drilling of the Hurricane appraisal well in early 2012. The Company has signed an agreement with Dyas
Asiaflex Products Sdn Bhd, Technip’s flexible pipe manufacturing plant in Tanjung Langsat, Johor, made its first delivery recently to… (BERNAMA) [mappress] Source: BERNAMA, October 20 , 2011
Frontline Ltd. has entered into an agreement to sell its 1994-built Suezmax tanker Front Fighter. Delivery to the new owner is expected to take place in October 2011. The sale will result in a net cash outflow of approximately $3.0 million, after repayment of bank debt, and the Company expects to re
Golar LNG Limited announced today that, further to the announcement on October 6, 2011, that it has completed the sale of the companies that own the floating storage and regasification unit Golar Freeze to Golar LNG Partners L.P. On October 6. Golar announced that it had entered into an agreement to
The city of Joensuu in the eastern part of Finland is transforming an old contaminated sawmill area near the city centre into an up-to-date housing district. Before the building can start, the whole area must be thoroughly restored after more than a century of heavy industrial useage. Joensuu (which
Poised to bridge the digital divide in broadband penetration in the country, Globacom is currently showcasing its 9,800km submarine cable… By Amaka Eze (thisdaylive) [mappress] Source: thisdaylive, October 20 , 2011
Ithaca Energy Inc. announces that it has concluded its development concept select process for the Greater Stella Area (GSA) fields, with the decision to create a production hub based on a floating production unit located over the Stella field. The GSA development concept involves the introduction of
Golar LNG Limited announced today that, further to the announcement on October 6, 2011, that it has completed the sale of the companies that own the floating storage and regasification unit Golar Freeze to Golar LNG Partners L.P. The Golar Freeze is operating under a 10 year long-term contract with
Polarcus Limited announced yesterday that the Company has entered into a research collaboration project with Cambridge Carbon Capture Ltd (CCC) in the United Kingdom to develop carbon mineralization technology. Such technology could potentially be used to reduce CO2 emissions from ships, including e
TSC Group Holdings Limited has recently landed a series of offshore equipment contracts from key global clients, including Maersk, Transocean, Tidewater Marine, and Reliance. In addition, the Group has also been awarded five turnkey oil production platforms and vessels projects forADMA-OPCO, Cuu Lon
