Kojimagumi Co., Ltd. in Japan has just equipped with the world’s heaviest grab bucket of capacity 106m3 and of self-weight 477 tons to its dredger. The cutting force is world top class 990 tons. The durability is enforced by adopting new cooling system and special steel for edge of the bucket. Grabb
Repsol posted net income of 765 million euros in the first quarter of 2011, 11.2% more than the year-earlier period. Excluding extraordinary items, recurring net income improved 23.4%, to 791 million euros. The 2011 earnings increase is mainly due to improved oil and gas price realization prices, wi
Tom Hopkinson, Managing Director of renewable recruitment experts Taylor Hopkinson Associates in Glasgow, has warned that reducing… (industrytoday) [mappress] Source: industrytoday, May 12, 2011;
The Board of Woodside has appointed Peter Coleman as the company’s Chief Executive Officer and Managing Director. Mr Coleman will succeed Don Voelte, who announced last October that he intended to retire from Woodside after more than seven years with the company. Mr Coleman will take up his appointm
Deep Sea Supply reports consolidated revenues of MUSD 24.0 in 1Q 2011 compared to MUSD 26.1 in 1Q 2010. Total operating costs in 1Q 2011 were MUSD 21.9 compared to MUSD 17.4 in 1Q 2010. This resulted in EBITDA of MUSD 2.0 in 1Q 2011. Net financial items were negative MUSD 9.4, including unrealized c
The Petroleum Safety Authority Norway (PSA) conducted an audit of BP at the Aker Solutions Stord yard on 6-7 April 2011. The audit targeted the offloading system for shuttle tankers on Skarv FPSO. The audit identified a number of nonconformities in relation to regulatory requirements. Background The
TGS commences the second season of multi-client 3D seismic acquisition in the Moray Firth, offshore United Kingdom. The survey, MF11, will add over 2,500 km2 of new 3D data to the previous project area announced last June. The M/V Oceanic Challenger will acquire the MF11 survey. Data collection is s
TGS commences the second season of multi-client 3D seismic acquisition in the Moray Firth, offshore United Kingdom. The survey, MF11, will add over 2,500 km2 of new 3D data to the previous project area announced last June. The M/V Oceanic Challenger will acquire the MF11 survey. Data collection is s
Teekay Corporation reported an adjusted net loss attributable to stockholders of Teekay(1) of $27.9 million, or $0.39 per share, for the quarter ended March 31, 2011, compared to adjusted net loss of $3.9 million, or $0.05 per share, attributable to the stockholders of Teekay for the same period of
Petrobras has signed a Specific Agreement with Jogmec – Japan Oil, Gas, and Metals National Corporation, with the aim of commencing a technical feasibility study on flexible pipes for oil production in the pre-salt cluster. This study is the second collaboration between the two companies. The relati
The Crown Estate welcomes today’s announcement that the wind turbine manufacturer Vestas is to establish a new manufacturing facility… (thecrownestate) [mappress] Source: thecrownestate, May 12, 2011;
The Crown Estate welcomes today’s announcement that the wind turbine manufacturer Vestas is to establish a new manufacturing facility… (thecrownestate) [mappress] Source: thecrownestate, May 12, 2011;
After a competitive tender process, Technip has been awarded by Statoil Brasil Óleo & Gàs Ltda. a frame agreement for engineering studies. The scope of this 3-year contract covers feasibility, concept and front-end engineering design studies for Statoil’s existing offshore production fields and futu
The Board of Woodside has appointed Peter Coleman as the company’s Chief Executive Officer and Managing Director. Mr Coleman will succeed Don Voelte, who announced last October that he intended to retire from Woodside after more than seven years with the company. Mr Coleman will take up his appointm
