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Business & Finance

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Cmdr. Lawrence Krepp Assumes Command of NOAA Survey Ship ‘Thomas Jefferson’ (USA)
Business & Finance

Cmdr. Lawrence Krepp Assumes Command of NOAA Survey Ship ‘Thomas Jefferson’ (USA)

NOAA Corps Cmdr. Lawrence Krepp has assumed command of NOAA Ship Thomas Jefferson, one of the world’s most technologically advanced hydrographic survey vessels. At a May 6 change-of-command ceremony in Norfolk, Krepp relieved Cmdr. Shepard Smith, who will serve as senior advisor to Kathryn D. Sulliv

about 15 years ago
Norway: Det Norske Plans to Submit PDO for Jetta Discovery
Business & Finance

Norway: Det Norske Plans to Submit PDO for Jetta Discovery

Det norske plans to submit a plan for development and operation (PDO) for the Jetta discovery this summer. On the exploration side, the company will participate in an additional eight wells in 2011. During the first quarter, Det norske oljeselskap ASA has given priority to the development of the Dra

about 15 years ago
Norway: Lundin Gets Green Light for Drilling of Exploration Well in Barents Sea
Business & Finance

Norway: Lundin Gets Green Light for Drilling of Exploration Well in Barents Sea

Lundin Norway AS has received consent to carry out exploration drilling of well 7120/2-3 in the Barents Sea with the Transocean Leader mobile facility. The well will be drilled in production licence 438, approx. 172 kilometres northwest of Melkøya, and approx. 30 kilometres northwest of Snøhvit. The

about 15 years ago
UK: L&N to Supply 110 Subsea Control Products for Various North Sea Projects
Business & Finance

UK: L&N to Supply 110 Subsea Control Products for Various North Sea Projects

L&N will manufacture and supply 110 subsea control products to be deployed on various North Sea subsea projects. The award reinforces L&N’s decision to focus on the subsea sector while maintaining its traditional business lines in valve supply and maintenance and welding and cladding services. L&N (

about 15 years ago
Flexlife Finishes Installation of Pipeline Bundle on Bacchus Field (UK)
Business & Finance

Flexlife Finishes Installation of Pipeline Bundle on Bacchus Field (UK)

An important milestone in Apache’s UK North Sea Bacchus field development was reached recently with the installation of a 6.7km pipeline bundle. The job was overseen by Flexlife. In 2009, Apache awarded Flexlife a subsea engineering and pipeline operational support contract to oversee the management

about 15 years ago
Oceanographic Explorers Explore Antarctica’s Ross Sea with Underwater Robots
Business & Finance

Oceanographic Explorers Explore Antarctica’s Ross Sea with Underwater Robots

Antarctica’s Ross Sea is no place for swimming. Covered in ice in its southern half, the frozen bay’s summer temperatures hover just enough… USA TODAY [mappress] Source: usatoday ,May 09, 2011;

about 15 years ago
Fairmount Tugs Successfully Deliver FPSO Pazflor to Angola
Business & Finance

Fairmount Tugs Successfully Deliver FPSO Pazflor to Angola

A specialized team lead by Fairmount Marine has completed successfully the tow, mooring and positioning hook-up of the floating production storage and offloading unit (FPSO) Pazflor offshore Angola. Earlier Fairmount’s powerful tugs Fairmount Expedition, Fairmount Glacier and Fairmount Alpine have t

about 15 years ago
India: Reliance Obeys Order to Cut Gas Supply to Non-Core Users
Business & Finance

India: Reliance Obeys Order to Cut Gas Supply to Non-Core Users

Falling in line with an Oil Ministry order, Reliance Industries on Monday cut natural gas supplies to non-core users like refineries and … The Hindu [mappress] Source:The Hindu , May 9, 2011;

about 15 years ago
Singapore: Sembcorp Marine Announces 1Q Net Profit of USD 150.6 Million
Business & Finance

Singapore: Sembcorp Marine Announces 1Q Net Profit of USD 150.6 Million

Sembcorp Marine achieved a net profit of $150.6million in 1Q 2011. This was 1.2% higher as compared with $148.8 million for the corresponding period in 2010. This increase was attributable mainly to improved margins driven by higher operational efficiency and productivity gains through execution of

about 15 years ago
UK: Buzzard Platform Operates at Reduced Rates Due to Cooling System Issue, Nexen Says
Business & Finance

UK: Buzzard Platform Operates at Reduced Rates Due to Cooling System Issue, Nexen Says

Nexen advises that its Buzzard platform in the North Sea, is operating at reduced rates due to problems with the platform’s cooling system. A permanent solution has been identified and production is expected to be variable until the repairs are completed this summer. The Buzzard field is located in

about 15 years ago
Oceaneering Announces New Appointments to its Board of Directors (USA)
Business & Finance

Oceaneering Announces New Appointments to its Board of Directors (USA)

Oceaneering International, Inc. announced that its Board of Directors, on May 6, 2011, appointed M. Kevin McEvoy, 60, as President and Chief Executive Officer. Mr. McEvoy was also elected as a Class II Director of the Board of Directors, with a term that is scheduled to expire at Oceaneering’s 2012

about 15 years ago
Expro Receives RoSPA Award (UK)
Business & Finance

Expro Receives RoSPA Award (UK)

Leading international oilfield services company Expro has once again received an award from the Royal Society for the Prevention of Accidents in recognition of its safety record. Expro has been commended in the Oil & Gas Industry Sector of the annual 2011 RoSPA safety awards; making it the seventh y

about 15 years ago
Australia: Nexus Energy Enters Deal with Wood Group for Crux Liquids Project
Business & Finance

Australia: Nexus Energy Enters Deal with Wood Group for Crux Liquids Project

Nexus Energy Limited announces that it has executed an agreement with the Wood Group for project management services in relation to the Crux liquids project. Wood Group is a leading worldwide Engineering and Project Management services provider, having around 34,000 employees, with core strengths in

about 15 years ago
Norway: Farstad Lands Multiple Charter Deals Worth USD 75.8 Million
Business & Finance

Norway: Farstad Lands Multiple Charter Deals Worth USD 75.8 Million

Farstad Shipping, a major international supplier of large, modern offshore support vessels, has been awarded the following charter contracts: AHTS Far Sound (2007, UT 712L, 16.000 BHP), AHTS Far Sword (2006, UT 712L, 16.000 BHP) and AHTS Far Scimitar (2008, UT 712L, 16.000 BHP) have been contracted

about 15 years ago
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