Neptune Marine Services Limited announces the results of an operational and structural review carried out over the past two months and expected lodgement of the prospectus for its $80.6 million equity capital raising with ASIC. The operational review – carried out in conjunction with Pricewaterhouse
Anadarko Petroleum Corporation announced that net income from continuing operations attributable to common stockholders totaled $111 million, or $0.22 per share (diluted), for the quarter ended Dec. 31, 2010. These results include certain items affecting comparability that are typically excluded by
AGR Field Operations has been awarded a contract by Hyundai Heavy Industries for the provision of Maintenance Engineering and Inspection Planning services for the Goliat FPSO. These services will be provided as part of the EPCI delivery from HHI to ENI Norge. Starting in Jan 2011, the scope of work
Aker Solutions has signed a contract with Framo Engineering AS to supply a subsea umbilical and associated equipment for Total’s CLOV development project located in the deepwater Block 17 offshore Angola. The contract value is approximately NOK 80 million(Approximately USD $13,9 million). Aker Solut
Wintershall Norge ASA, operator of production licence 378, has completed the drilling of wildcat well 35/12-3 S. The well was drilled about 115 kilometres north-northwest of Bergen and about 15 kilometres north of the Troll field. The purpose of the well was to prove petroleum in Upper and Middle Ju
* BP’s fourth-quarter replacement cost profit was $4,614 million, compared with $3,447 million a year ago. For the full year, replacement cost loss was $4,914 million compared with a profit of $13,955 million a year ago. * The group income statement for the fourth quarter and full year reflects a pr
Further to the Company’s announcement on 29 October, 2010, AWE advises that effective today, Bruce Clement has assumed the position of Managing Director of AWE Limited. Accordingly, with effect from the close of business on 31January, 2011, Bruce Wood has retired as Managing Director of the Company.
Technip, in a consortium with Daewoo Shipbuilding & Marine Engineering Co. Ltd., has been awarded by Petroliam Nasional Berhad (PETRONAS) and MISC Berhad a front-end engineering and design contract for a floating liquefied natural gas (FLNG) unit. The FLNG, which will have a capacity of one million-
Balltec has just completed the supply and installation of 16 Permanent Subsea Mooring Connectors (SMC) for the Total Pazflor FPSO. The facility is moored in approximately 3500 feet of water in Angola block 17. The connectors supplied by Balltec can be disconnected at any time during the design life
VERIPOS, has recently been awarded an exclusive five-year contract by POSH Semco of Singapore, one of Asia’s foremost specialist offshore companies catering for different phases of oil and gas field development. Under the terms of the contract, VERIPOS will provide 19 DP POSH Semco vessels with a co
“ExxonMobil continues to deliver strong financial and operating results. The full year 2010 earnings, excluding special items, were $30.5 billion, up 57% from 2009, driven by higher crude oil and natural gas realizations, stronger refining margins and record Chemical performance. Fourth quarter earn
Anadarko Petroleum Corporation today announced that a mechanical issue involving the production riser system at the Caesar/Tonga project in the deepwater Gulf of Mexico will delay first production, which was expected in mid-2011. Although the production riser system underwent an extensive qualificat
New renewable energy company Gaoh Energy has landed a six-figure engineering design contract with a major client in its first bid for… [mappress] Source: tms-media, January 31, 2011
Atwood Oceanics, Inc., a Houston-based international drilling contractor, announced that, Atwood Oceanics Pacific Limited , a wholly-owned subsidiary of Atwood Oceanics, Inc.,on January 28, 2011 executed a turnkey construction contract with Daewoo Shipbuilding and Marine Engineering Co., Ltd to cons
