In a bid to further strengthen its sales force BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, announces the appointment of Louise Ledgard. Louise will take up the position of Regional Sales Manager (Europe) providing vital support for all of th
CGGVeritas announced its non-audited first quarter 2011 consolidated results. All comparisons are made on a year-on-year basis unless stated otherwise. All fourth quarter 2010 results are reported before restructuring and impairment. Group Revenue was $728m, up 5% year-on-year and down 20% sequentia
Vestas generated first-quarter revenue of EUR 1,060m, an increase of 25 per cent relative to the first quarter of 2010, and as announced realised a loss. The EBIT margin fell from (4.6) per cent to (6.5) per cent. The development confirms that revenue and earnings may show major quarter-onquarter fl
FMC Technologies, Inc. announced that it has been awarded a contract by Petrobras to supply two subsea separation and boosting systems for the Congro and Corvina fields, located offshore Brazil in the Campos Basin. The contract has a value of approximately $130 million in revenue to FMC Technologies
FMC Technologies, Inc. that it has been awarded a contract by Petrobras to supply two subsea separation and boosting systems for the Congro and Corvina fields, located offshore Brazil in the Campos Basin . The contract has a value of approximately $130 million in revenue to FMC Technologies. In addi
Subsea 7 S.A. announces the award of the ’Installation and Commissioning of G1 Field Subsea Production Facilities, Under G-1 & GS-15 Fields Development Project’ from Oil and Natural Gas Corporation Ltd (ONGC). The project involves the transportation and installation of flexible flowlines and umbilic
Statoil’s first quarter 2011 net operating income was NOK 50.7 billion (USD 9.61 billion), a 28% increase compared to NOK 39.6 billion ( USD 7.5 billion) in the first quarter of 2010. The quarterly result was mainly affected by a 33% increase in the average prices for liquids measured in NOK, a 20%
Cal Dive International, Inc. (NYSE:DVR) reported a first quarter 2011 net loss of $18.7 million, or $.20 per diluted share compared to a net loss of $19.1 million, or $.20 per diluted share for the first quarter 2010. Despite typical winter seasonality, the first quarter 2011 loss before income taxe
Petrobras announces that it presented the annual review of the Integrated Development Master Plan for the Santos Basin Pre-Salt Area (Plansal) to the Board of Directors. The Master Plan is reviewed annually, incorporating information from newly drilled wells and from the implementation of different
Statoil’s first quarter 2011 net operating income was NOK 50.7 billion, a 28% increase compared to NOK 39.6 billion in the first quarter of 2010. The quarterly result was mainly affected by a 33% increase in the average prices for liquids measured in NOK, a 20% increase in average gas prices, and a
At the OTC in Houston Ulstein Sea of Solutions and NLI introduced a new, integrated derrick solution based on existing drilling equipment, readily available in the market. With the development of the ‘Northern Light’ drilling derrick an alternative solution is provided based on proven and well known
Subsea 7 S.A. announces the award of the ’Installation and Commissioning of G1 Field Subsea Production Facilities, Under G-1 & GS-15 Fields Development Project’ from Oil and Natural Gas Corporation Ltd (ONGC). The project involves the transportation and installation of flexible flowlines and umbilic
At the OTC in Houston Ulstein Sea of Solutions and NLI introduced a new, integrated derrick solution based on existing drilling equipment, readily available in the market. With the development of the ‘Northern Light’ drilling derrick an alternative solution is provided based on proven and well known
The newly formed Subsea Radio Users Group, formally launched at the Offshore Technology Conference, Reliant Park, Houston, TX. As a not-for-profit organization headquartered in Houston, TX, the Subsea Radio User Group (or SRUG) will be dedicated to defining the standards and guiding future adoption
