Today, the Board of Directors of Saipem S.p.A. reviewed the Saipem Group preliminary consolidated results at December 31, 2010 (not yet submitted to the Company Statutory Auditors and Independent Auditors), which have been prepared in compliance with the International Financial Reporting Standards (
Nearly 40 oil workers have been taken off a North Sea platform. Two helicopters evacuated 38 non-essential staff from the North Everest … By Ryan Crighton(ThePress&Journal) [mappress] Source:Pressandjournal, February 10, 2011;
Unions are up in arms after yet another safety incident on the $43billion dollar Gorgon project, which could well have ended in tragedy. On Sunday, February 6, the multi-cat vessel Boskalis BKM 102 was working on the Gorgon Project off Barrow Island at 9.30pm when it ran over the dredge anchor, ripp
The 27th January 2011 was a milestone in the development of the unique Remora HiLoad DP as it completed its final sea trials before live field implementation. HiLoad is a revolutionary deepwater offshore loading terminal, made possible by innovative vessel design and the use of a cutting-edge Kongsb
Awilco Drilling Limited has entered into a Memorandum of Understanding (MOU) with SPD Limited for the semi-submersible drilling rig, WilHunter. The MOU is for 1 firm and 6 optional wells in the UK . Awilco Drilling also confirms that it has signed a Letter of Intent (LOI) with Nautical Petroleum PLC
Noble Energy, Inc. reported today fourth quarter 2010 net income of $52 million, or $0.29 per share diluted, on revenues of $783 million. Included in net income for the quarter were a few items which are typically not considered by analysts in published estimates. Excluding the impact of these items
State energy and environmental affairs officials will hold a public information session next week in Oak Bluffs, to discuss a multi-year … By Janet Hefler (mvtimes) [mappress] Source: mvtimes, February 10, 2011
State energy and environmental affairs officials will hold a public information session next week in Oak Bluffs, to discuss a multi-year … By Janet Hefler (mvtimes) [mappress] Source: mvtimes, February 10, 2011
Mel Fitzgerald, Director of Subsea 7 S.A. and former Chief Executive Officer of Subsea 7, was last night recognised for his significant and positive impact on the subsea sector. The Outstanding Achievement award was made by Subsea UK at its annual Subsea Business Awards in Aberdeen, UK. Bill Edgar,
SCF Group acquires six Aframax shuttle-tankers from OAO Primorsk Shipping Company (PRISCO Corporation) and expands its participation in servicing the Sakhalin-1 and Sakhalin-2 projects. Of the six crude-oil shuttle-tankers, Captain Kostichev, Viktor Titov, Zaliv Aniva, Sakhalin Island and Governor F
BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has been recognised for its outstanding achievements in generating sustainable growth and jobs by Europe’s 500, a non-profit organisation which promotes entrepreneurship. Former German Chancellor,
UPC will deliver a complete power and control package for four platform supply vessels. Two ships (P801) are under construction at ETP yard in Brazil, while two (PX121) are to be built at Ulstein Verft. Managing director, Gunnar H. Hide, and product manager power, Egil Rødskar, says that UPC has ove
Under slightly changed circumstances, a well control incident on the Statoil-operated Gullfaks C platform in the North Sea could have developed into a major accident. Problems had arisen with the same producer in December 2009 and March 2010 before the most serious incident occurred in the afternoon
Nord Stream has won the award for European mid-stream gas project of the year at this year’s Project Finance Awards ceremony. The awards recognise innovation, deal repeatability, best practice, problem solving, risk mitigation, value for money and speed of delivery in financing. Nord Stream was sing
