Dockwise Ltd., a world leader in heavy marine transport, today publishes results for the three month period and full year ended 31 December 2010. After a tough year, Q4 was a quarter of healthy performance. The quarter saw the successful completion of the offshore Transport & Installation project Vy
Salamander Energy plc announces a reserves upgrade to the Bualuang oil field and the commencement of its drilling programme in the B8/38 licence, Gulf of Thailand. Salamander is operator and holds a 100% interest in the B8/38 licence. Bualuang Field Reserves Upgrade Following analysis of the perform
A contract signed recently with Technip for marine operations and pipelay on the Gygrid field development in the Norwegian Sea is proof. “This agreement moves us one step closer to realising Gygrid, planned to start during 2Q 2011 and begin producing as soon as late 2012/early 2013,” says Halfdan Kn
Statoil picks up the pace towards realizing fast track field developments offshore Norway. A contract signed recently with Technip for marine operations and pipelay on the Gygrid field development in the Norwegian Sea is proof. “This agreement moves us one step closer to realising Gygrid, planned to
Superior Energy Services, Inc. announced that its Board of Directors has elected David Dunlap as President and Sam Hardy as an Executive Vice President. Mr. Dunlap, age 49, joined the Company as Chief Executive Officer in April of 2010 and will continue in that position. He is a veteran oil and ener
Statoil and Odfjell Drilling have signed the contract for «Deepsea Bergen» commencing in June 2012. Odfjell Drilling was awarded a Letter of Intent from Statoil in October last year for the utilization of «Deepsea Bergen» for development drilling on the NCS. The contract is now signed. Duration, val
Environment and Natural Resources Secretary Ramon J. P. Paje has directed all regional directors of the Mines and Geo-sciences Bureau to refrain from accepting and processing new mining applications nationwide. Paje issued the directive in view of the on-going cleansing of pending and inactive minin
Tanjung Offshore Services Sdn Bhd (TOS), a wholly owned subsidiary of Tanjung Offshore Bhd, has been awarded a contract extension from … Source: BTimes [mappress] Source:BTimes, February 25, 2011;
Dockwise Ltd., publishes results for the three month period and full year ended 31 December 2010. Financial highlights Q4 2010 Revenues of USD 123 million (Q3 2010: USD 109 million); Adjusted EBITDA of USD 50 million (Q3 2010: USD 46 million); Operating margin of 41% (Q3 2010: 42%); Adjusted net pro
Northern Offshore, Ltd. today reported that its subsidiary, Northern Offshore U.K. Limited, was awarded a contract with Maersk Olie og Gas AS (“Maersk”), for the jackup Energy Endeavour. The award is subject to approval by the Danish Energy Authority. The contract, for operations in the Danish Secto
DEME’s revenue was up sharply at €1,801 million, representing 28% growth over the €1,403 million recorded in 2009. The strong increase in revenue generated in Europe is attributable to the execution of major contracts, including the construction of the London Gateway container terminal in the United
CGGVeritas and JSC Geotech Holding (Geotech) announce, that today they have signed a term sheet to create a joint venture to operate 2D and 3D marine seismic vessels, primarily in Russian and CIS waters. The joint venture will provide marine seismic data acquisition and processing services for the o
General Manager Kjell-Peder Overvåg of Havyard`s Brazil division showed Trade Minister Giske around the office and informed of Havyard`s increased efforts in Brazil. The Minister was introduced to various Havyard ship designs including Seven Havila, a Havyard 858 DSV that only last week won the pres
Petrobras announces the start up of the Extended Well Test (EWT) for the Tracajá reservoir, located 124 km off the coast of Rio de Janeiro, in the pre-salt area of Marlim Leste field, in Campos Basin. The EWT is being executed in the 6-MLL-70 well, where the oil was found in September of 2010 [&hell
