China Ming Yang Wind Power Group said Tuesday that it increased first quarter profits and revenues as the company benefited from… By Deborah Sterescu (proactiveinvestors) [mappress] Source: proactiveinvestors, May 16, 2011;
On May 13, a presentation on carrying out 3D-seismic survey on the prospective structure “Shafag-Asiman” was hosted at SOCAR Head Office. Opening the ceremony, SOCAR first vice-president Mr. Khoshbakht Yusifzadeh gave detailed information on the prospective structure “Shafag-Asiman”. According to hi
In line with the guidance announced on 11 April 2011, Leighton Holdings Limited announced a loss after tax (unaudited) of $382m for the nine months to 31 March 2011 from total revenue of $13.8bn and expects to report a loss after tax of $427 million for the 2010/11 financial year. A summary of finan
Hamworthy has won a major contract from Hyundai Heavy Industries (HHI) to supply a complete inert gas generator system, as part of the shipbuilder’s latest Floating Production Storage and Offloading (FPSO) newbuild contract. The contract calls for delivery of a fully assembled inert gas system (IGS)
Specialist oilfield production chemicals company Champion Technologies has secured its first deepwater chemical management services contract in West Africa in an eight-figure deal over five years. The work involves a full suite of chemicals and associated support services for Noble Energy’s Aseng Fi
Specialist oilfield production chemicals company Champion Technologies has secured its first deepwater chemical management services contract in West Africa in an eight-figure deal over five years. The work involves a full suite of chemicals and associated support services for Noble Energy’s Aseng Fi
Lundin Petroleum AB (Lundin Petroleum) announces that drilling of the first appraisal well 16/3-4 on the Avaldsnes discovery located in PL501, in the North Sea sector of the Norwegian Continental Shelf (NCS), has commenced. The main objective of the well 16/3-4 is to delineate the Avaldsnes discover
Navingo BV – organizer of Offshore Energy 2011 Exhibition & Conference (11 & 12 October, Amsterdam RAI) – announces that André Goedée, CEO of Dockwise, and Michael Kahn, CEO of Jumbo, will join the Committee of Recommendation. This Committee will help secure the international ambitions of Offshore E
Navingo BV – organizer of Offshore Energy 2011 Exhibition & Conference (11 & 12 October, Amsterdam RAI) – is pleased to announce that André Goedée, CEO of Dockwise, and Michael Kahn, CEO of Jumbo, will join the Committee of Recommendation. This Committee will help secure the international ambitions
EPC Offshore has won a £1million contract with Ithaca Energy which will see the company provide a team of experts to support key areas of… (hazardexonthenet) [mappress] Source: hazardexonthenet ,May 16, 2011;
Drilling operation of the first well at the South Pars gas field phase 14 will be started this week, the operator of the South Pars gas field phase 14, Mr. Galedari announced here. He went on to say that drilling appraisal well of the phase is scheduled to start at the end of the […]
Joy Global Inc. , a worldwide leader in high-productivity mining solutions, today announced that it has entered into a definitive agreement to acquire a 100 percent ownership interest in LeTourneau Technologies Inc. (“LeTourneau”) from Rowan Companies, Inc. (“Rowan”) for $1.1 billion in cash. LeTour
For the three-month period that ended on 31 March 2011, total service income of the Group was Baht 1,144 million, an increase of Baht 425 million, or 59.1%, from Baht 719 million for the three-month period that ended on 31 March 2010 . The increase in revenues of Baht 425 million was mainly due to [
A remotely operated underwater vehicle (ROV) developed by the Korea Ocean Research & Development Institute has robot arms capable of lifting… (donga) [mappress] Source: donga,May 16, 2011; Image: kordi