nkt cables has entered into a contract with 50Hertz Offshore GmbH at a value of around 750 mDKK (95 mEUR) for the offshore wind farm Baltic 2. For nkt cables, Baltic 2 will be another turnkey project which includes armoured high-voltage subsea cables, accessories and installation. The cables will be
nkt cables has entered into a contract with 50Hertz Offshore GmbH at a value of around 750 mDKK (95 mEUR) for the offshore wind farm Baltic 2. For nkt cables, Baltic 2 will be another turnkey project which includes armoured high-voltage subsea cables, accessories and installation. The cables will be
Iran’s gas production from the South Pars gas field in the Persian Gulf waters rose by 17 million cubic meters by starting gas draw from six new wells of the giant gas field’s phase 10, managing director of the Pars Oil and Gas Company (POGC), Mousa Souri said. He went on to say that gas […]
Ensco plc reported diluted earnings per share from continuing operations of $0.59 for second quarter 2011, compared to $0.85 per share in second quarter 2010. There were no discontinued operations in second quarter 2011. Earnings from discontinued operations in second quarter 2010 were $0.04 per sha
Bolt tightening specialists, Tentec will be launching brand new products at Offshore Europe 2011 exhibition in Aberdeen, Scotland in September. Included will be Optimus 7 subsea tensioning tools. A return to Offshore Europe for Tentec, a specialist engineering company and market leader in design and
Reliance Industries Limited has received the Government of India approval for its transformational deal with BP. “Reliance Industries is grateful to the Government of India for the approval, which will result in the largest foreign investment in the domestic hydrocarbon sector,” the company said in
North Atlantic Drilling Ltd., in which Seadrill has a 75 percent ownership, has taken delivery of the new harsh environment jack-up drilling rig, West Elara from Jurong Shipyard in Singapore. The rig is expected to depart Singapore on August 11th and arrive at Westcon Shipyard in Ølen, Norway in ear
Concordia Maritime has now completed the upgrade of two of its P‐MAX tankers to chemical class III, so‐called IMO III classification. This means that the vessels are now also able to transport vegetable oils, in addition to refined petroleum products and crude oil. The vessels in question are the St
Wärtsilä, a global leader in complete lifecycle power solutions and services, opens new workshop facilities in Helsinki, Finland. The new facilities enable Wärtsilä to offer a wide range of workshop services with rapid response times. Operations in Helsinki began in the beginning of August 2011. “Th
North Atlantic Drilling Ltd., in which Seadrill has a 75 percent ownership, has taken delivery of the new harsh environment jack-up drilling rig, West Elara from Jurong Shipyard in Singapore. The rig is expected to depart Singapore on August 11th and arrive at Westcon Shipyard in Ølen, Norway in ear
State oil and gas firm PT Pertamina and state electricity utility PT PLN have agreed to jointly establish a liquefied natural gas (LNG) shipping company… (thejakartapost) [mappress] Source: thejakartapost, August 9, 2011.
The U.S. military wants an underwater robot that’s strong enough to stay at sea for months, and smart enough to avoid any obstacles it might… (wired) [mappress] Source: wired, August 9, 2011;
VAALCO Energy, Inc. today reported net income attributable to VAALCO of $11.8 million, or $0.20 per diluted share, for the second quarter of 2011 compared to a net income attributable to VAALCO of $10 million, or $0.18 per diluted share, for the comparable period in 2010. Second quarter 2011 revenue
Seadrill has been awarded two new contracts by KJO (AL-Khafji Joint Operations) in the joint development zone between the Kingdom of Saudi Arabia and Kuwait for the jack-up rigs West Triton and Offshore Resolute. The assignments which will commence in direct continuation of their current contracts i
