Ensco plc reported diluted earnings per share from continuing operations of $0.90 for fourth quarter 2010, compared to $1.40 per share in fourth quarter 2009. Earnings from discontinued operations were $0.03 per share in the fourth quarter, compared to $0.06 per share a year ago. Diluted earnings pe
Children visiting the Pittsburgh Zoo & PPG Aquarium’s Open Oceans tank are now helping researchers at the Carnegie Mellon University’s Robotics Institute… (ibtimes) [mappress] Source: ibtimes ,February 24, 2011;
Aminex PLC announces that it has now received formal approval from the Tanzanian Ministry of Energy and Minerals to acquire an additional 15% working interest from Key Petroleum Ltd. (“Key”) in the Nyuni East Songo-Songo Production Sharing Agreement (“Nyuni PSA”) offshore Tanzania. The agreement wit
Siem Offshore As has agreed to acquire a large-size PSV of VS 485-design. The investment will be done through the 51% owned subsidiary Siem Meling Offshore DA at a price of NOK 345 million (USD 61.3 million) . The vessel will be partly financed by a debt facility of NOK 262 million. The vessel [&hel
Saratoga Resources, Inc. (the “Company”) announced that it has resumed production from its Little Bay Field in Saint Mary Parish, Louisiana. The resumption of production from the field follows completion of a workover on the A0311 #1 well and reactivation of the associated gas sales pipeline. Initia
Global Industries is showcasing its new heavy lift/pipelay vessel Global 1200, at the Subsea Tieback Forum and Exhibition (SSTB) in San Antonio, Feb 22-24. (fuelfix) [mappress] Source: fuelfix ,February 24, 2011;
Rolls-Royce, the global power systems company, has been awarded a contract by STX OSV Trading to supply technologically advanced anchor handling systems. The equipment will be installed on three vessels operated by offshore services company Norskan for use in deep water oil and gas fields off the co
FMC Technologies, Inc. announced that Tore Halvorsen, Senior Vice President, Global Subsea Production Systems, will participate in a panel discussion at the following event: Event: DnB NOR Markets Annual Oil, Offshore and Shipping Conference DnB NOR Headquarters Stranden 21, Aker Brygge 0021 Oslo No
Seadrill reports fourth quarter and preliminary 2010 results: Highlights Seadrill generates fourth quarter 2010 EBITDA of US$618 million Seadrill reports fourth quarter 2010 net income of US$268 million and earnings per share of US$0.61 after adverse accounting impact of US$145 million (US$0.35 per
Endeavour International Corporation announces that its wholly owned subsidiary, Endeavour Energy U.K. Ltd., has received all the approvals necessary to finalize the acquisition of an additional 20% working interest in the Bacchus field in the North Sea from Shell U.K. Limited. As a result of the tra
Endeavour International Corporation today announces that its wholly owned subsidiary, Endeavour Energy U.K. Ltd., has received all the approvals necessary to finalize the acquisition of an additional 20% working interest in the Bacchus field in the North Sea from Shell U.K. Limited. As a result of t
Helix Energy Solutions Group, Inc. reported a net loss of $49.8 million, or $(0.48) per diluted share, for the fourth quarter of 2010 compared with a net loss of $55.7 million, or $(0.53) per diluted share, for the same period in 2009, and net income of $26.2 million, or $0.25 per diluted share, in
Wood Group’s J P Kenny has been awarded a contract to perform detailed design for Amberjack Pipeline Company LLC’s Jack/St. Malo deepwater oil export pipeline in the Gulf of Mexico. Amberjack Pipeline Company LLC is a joint venture between Chevron Pipe Line Company and Shell Pipeline Company LP. Che
The Manifa Drilling Team set a new record in December when it finished drilling the longest well in Saudi Arabia to a total depth of 32,136 ft (± 9.8 km) and completed a horizontal power water injector across the Lower Ratawi reservoir. A Precision Drilling rig did the work on the Manifa well, excee
