Oceaneering International, Inc reported first quarter earnings for the period ended March 31, 2011. On revenue of $470.4 million, Oceaneering generated net income of $42.1 million, or $0.77 per share. During the corresponding period in 2010, Oceaneering reported revenue of $435.2 million and net inc
Polarcus Limited announces that the Company has received a Letter of Intent for a 3D offshore seismic acquisition project for an undisclosed client. The project, subject to the execution of a service contract, will commence in Q2 2011 and is expected to run for approximately 100 days. As a result of
Polarcus Limited has received a Letter of Intent for a 3D offshore seismic acquisition project for an undisclosed client. The project, subject to the execution of a service contract, will commence in Q2 2011 and is expected to run for approximately 100 days. As a result of this announcement the Comp
Marine and engineering company SeaRoc, part of the Natural Power group, has today announced the successful appointment of four new team members who bring with them a wealth of industry experience from the Renewables Industry, combined with wider knowledge from the oil & gas and other offshore sector
The Norwegian Petroleum Directorate (NPD) will carry out acquisition of 2D seismic data in the waters around Jan Mayen this summer. The acquisition activity will start around 10 June and will last up to three months. Last fall, the Norwegian government resolved that an impact assessment would be mad
Enviro Voraxial Technology, Inc. announced today that the Company will display and demonstrate its Voraxial® Separators at the Offshore Technology Conference (OTC 2011) on May 2 – May 5 in Houston, Texas at Booth #7618. OTC is the world’s foremost event for the development of offshore energy resourc
OceanWorks International welcomes Robert Keith to its team in the position of General Manager. Acting as General Manager, Robert’s primary function will be to promote the company’s deepwater engineering, fabrication, and operational capabilities. Robert has worked in the offshore underwater services
Marine and engineering company SeaRoc, part of the Natural Power group, has today announced the successful appointment of four new team members who bring with them a wealth of industry experience from the Renewables Industry, combined with wider knowledge from the oil & gas and other offshore sector
In June 2011, Jumbo’s DP2 Offshore Heavy Lift Vessel Fairplayer will install 4 subsea protection structures for production flowlines at 600… (marinelink) [mappress] Source: marinelink , April 27, 2011;
Aberdeen-based SeaHold GeoShips Limited (GeoShips) has chartered its first new multi-purpose offshore vessel to support the growing offshore renewable energy market and the subsea sector. To enable GeoShips to offer a full suite of services from the Stril Explorer, and future vessels, the company ha
Subsea UK has launched a new service for members which provides valuable market intelligence on the global industry. The body which represents the UK’s subsea oil and gas sector has compiled a series of databases containing vital market information on subsea projects, contracts and new discoveries,
The first of two platform supply vessels (PSVs) of the PX106 type design was successfully launched from Alianca shipyard in Brazil mid-April. The vessel is the first of four X-BOW® vessels for offshore shipowner CBO to be built at Alianca. After the launch, the superstructure was lifted onto the ves
Aberdeen-based SeaHold GeoShips Limited (GeoShips) has chartered its first new multi-purpose offshore vessel to support the growing offshore renewable energy market and the subsea sector. To enable GeoShips to offer a full suite of services from the Stril Explorer, and future vessels, the company ha
Baker Hughes Incorporated today announced net income attributable to Baker Hughes for the first quarter 2011 of $381 million or $0.87 per diluted share compared to $129 million or $0.41 per diluted share for the first quarter 2010 and $335 million or $0.77 per diluted share for the fourth quarter 20
