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Business & Finance

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UAE: Lamprell Appoints New CFO
Business & Finance

UAE: Lamprell Appoints New CFO

Following the announcement made on 21 December 2010 that the Chief Financial Officer of Lamprell plc would step down by the end of this year, the Company confirms that it has agreed terms for the appointment of Jonathan Cooper as Chief Financial Officer. It is anticipated that Jonathan will join the

about 15 years ago
Norway: IFS Inaugurates Center of Excellence for Oil & Gas Industry
Business & Finance

Norway: IFS Inaugurates Center of Excellence for Oil & Gas Industry

IFS, the global enterprise applications company, launches its Center of Excellence for the Oil & Gas industry. The Center will be based in Norway. Founded on IFS’s successful track record delivering project-based industry solutions to mid-size and large companies within the oil & gas industry, the c

about 15 years ago
DC Electronics Expands its San Jose Facility (USA)
Business & Finance

DC Electronics Expands its San Jose Facility (USA)

DC Electronics, a San Jose, California based cable and harness assembly firm, announced the expansion of its 30,000 square feet facility in San Jose, CA. The company will add another 12,500 sq.ft. of manufacturing floor. “We want to stay ahead of our customers’ needs and these new initiatives help

about 15 years ago
IMarEST Wins ‘Best Maritime Organization’ Award (U.A.E)
Business & Finance

IMarEST Wins ‘Best Maritime Organization’ Award (U.A.E)

The Institute of Marine Engineering, Science and Technology (IMarEST) has been presented with the ‘Best Maritime Organization’ Award at the 5th Marine BizTV International Maritime Awards ceremony held in Dubai, and marking the close of ShipTek 2011. This award recognizes a non profit organization,

about 15 years ago
Fairstar Attends Keel Laying Ceremony of its New Vessel in China
Business & Finance

Fairstar Attends Keel Laying Ceremony of its New Vessel in China

Fairstar Heavy Transport N.V. (FAIR) attended the keel laying ceremony of the 50,000DWT semi-submersible vessel FORTE at the GSI facility in Qidong, China. Senior executives from Guangzhou Shipbuilding International (GSI), Det Norske Veritas (DNV) and Fairstar witnessed the first block being lowered

about 15 years ago
OPT Awards Four Contracts for Reedsport Wave Energy Project (USA)
Business & Finance

OPT Awards Four Contracts for Reedsport Wave Energy Project (USA)

Ocean Power Technologies, Inc., (“OPT” or the “Company”), a leading wave energy technology company, announced today that it is awarding four… (oceanpowertechnologies) [mappress] Source: oceanpowertechnologies, April 20, 2011

about 15 years ago
Oceaneering® Millennium® Plus ROV Sets Deepwater Drill Support Record Offshore India
Business & Finance

Oceaneering® Millennium® Plus ROV Sets Deepwater Drill Support Record Offshore India

An Oceaneering® Millennium® Plus work class Remotely Operated Vehicle (ROV) has set an ROV ultra deepwater drill support depth record offshore India while working at 3107m (10,194 ft) water depths. Millennium 77 has supported drilling operations on the Dhirubhai Deepwater KG2 for Reliance Industries

about 15 years ago
Oceaneering ROV Sets Depth Record Offshore India
Business & Finance

Oceaneering ROV Sets Depth Record Offshore India

An Oceaneering® Millennium® Plus work class Remotely Operated Vehicle (ROV) has set an ROV ultra deepwater drill support depth record offshore India while working at 3107m (10,194 ft) water depths. Millennium 77 has supported drilling operations on the Dhirubhai Deepwater KG2 for Reliance Industries

about 15 years ago
Falkland Islands: FOGL Enters Heads of Agreement for Rig Contract
Business & Finance

Falkland Islands: FOGL Enters Heads of Agreement for Rig Contract

FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, has conditionally placed 45.7 million new ordinary shares of 0.002 pence in the capital of the Company at a price of 70 pence per share to raise £32 million before expenses

about 15 years ago
Cetix Wins Contract From Subsea 7 for Delivery of Equipment for New IMR Vessel (Norway)
Business & Finance

Cetix Wins Contract From Subsea 7 for Delivery of Equipment for New IMR Vessel (Norway)

Cetix AS in Stavanger Norway, has been awarded a contract by Subsea 7 for delivery of an active heave compensated umbilical reel and hydraulic power unit for the new IMR vessel. The contract confirms Cetix position as a strong supplier to the business segment of electrical driven umbilical reels a

about 15 years ago
Brazil: Petrobras Starts Extended Well Test in Brava Area, Campos Basin
Business & Finance

Brazil: Petrobras Starts Extended Well Test in Brava Area, Campos Basin

Petrobras commenced the Extended Well Test (EWT) in the Campos basin’s pre-salt Brava Area, in the Marlin Field Production Concession, 170 km off the coast of Macaé, in Rio de Janeiro. The EWT is expected to last two years, with daily output of 6,000 barrels of oil, and is running on well 6-MRL-199-

about 15 years ago
Gazprom Plans Annual Production of 200 Billion Cubic Meters of Gas from Russian Shelf by 2030
Business & Finance

Gazprom Plans Annual Production of 200 Billion Cubic Meters of Gas from Russian Shelf by 2030

The Gazprom Board of Directors adopted the updated Program for hydrocarbon resources development on the Russian Federation shelf until 2030. The Company’s Management Committee was tasked to continue the activity on the Russian continental shelf development and render a performance report for the Boa

about 15 years ago
Antrim Commences Site Surveys in Preparation for UK North Sea Drilling Program
Business & Finance

Antrim Commences Site Surveys in Preparation for UK North Sea Drilling Program

Antrim Energy Inc., an international oil and gas exploration and production company, announces the Company has contracted the survey vessel Kommander Jack and has commenced work to obtain site surveys in preparation for the 2011 UK North Sea drilling program. Surveys will be obtained over the West

about 15 years ago
USACE Releases Benchmarks to Meet Energy and Sustainability Goals (USA)
Business & Finance

USACE Releases Benchmarks to Meet Energy and Sustainability Goals (USA)

Today, the U.S. Army Corps of Engineers (USACE) released, for the first time, its fiscal year 2010 scorecard on sustainability and energy performance. Using this scorecard as a benchmark, the USACE will identify and track the best opportunities to reduce pollution, improve efficiency, and cut costs.

about 15 years ago
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