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Business & Finance

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Cameron Receives $74 Million Order From Petrobras For 27 Subsea Trees
Business & Finance

Cameron Receives $74 Million Order From Petrobras For 27 Subsea Trees

Cameron has received an order from Petrobras for 27 subsea trees and related equipment, worth approximately $74 million, for use in their developments offshore Brazil. The order represents the remaining trees under a 138-tree frame agreement announced in September 2009. Cameron received a purchase o

about 15 years ago
UK: Chief Executive Officer Appointed at Cosalt Offshore
Business & Finance

UK: Chief Executive Officer Appointed at Cosalt Offshore

Cosalt Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has announced the appointment of highly-experienced industry figure Rod Buchan as the new Chief Executive Officer. Mr Buchan most recently has been Managing Director of Aker Offshore Partner and has held

about 15 years ago
Norway: Wilhelmsen Ships Service Appoints New Business Director for Marine Logistics
Business & Finance

Norway: Wilhelmsen Ships Service Appoints New Business Director for Marine Logistics

Wilhelmsen Ships Service has appointed Vidar Hole to the position of Business Director responsible for the Maritime Logistics Services portfolio. Vidar will drive the design, development and launch of new offers in line with the company’s strategy and identified market and customer needs, across its

about 15 years ago
ABPmer Achieves Ambitious 2010 Sales Target (UK)
Business & Finance

ABPmer Achieves Ambitious 2010 Sales Target (UK)

ABPmer, a leading UK marine environmental consultancy, has reported that against a much increased competitive and challenging market background, it achieved its ambitious 2010 sales target. The energy sector continues to be its biggest market and the company continues to offer a suite of services to

about 15 years ago
Canada: Marport Secures Private Equity Financing
Business & Finance

Canada: Marport Secures Private Equity Financing

Marport Deep Sea Technologies Inc., a leading developer and manufacturer of sonar products for the defense and commercial fisheries markets, announced recently that it has secured an equity investment led by Hasting Equity Partners, LLC and Admiralty Partners, Inc. Boenning & Scattergood, Inc., a U.

about 15 years ago
Brazil: Jose Sergio Gabrielli de Azevedo Remains at the Helm of Petrobras
Business & Finance

Brazil: Jose Sergio Gabrielli de Azevedo Remains at the Helm of Petrobras

The president of Brazil, Dilma Rousseff, denied this Wednesday (01/12) afternoon, in Brasília, rumors published by the press that the CEO of Petrobras, José Sergio Gabrielli de Azevedo, would be substituted by the CEO of BNDES, Luciano Coutinho. Rousseff confirmed Gabrielli will remain at the helm o

about 15 years ago
Faroe Petroleum Acquires Interest in Perth Oil Field Offshore UK
Business & Finance

Faroe Petroleum Acquires Interest in Perth Oil Field Offshore UK

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, is pleased to announce that it has acquired a 28% interest in each of UK licences P218 and P588 containing the undevelope

about 15 years ago
UK: EnerMech Invests $31.5 M in Process, Pipeline & Umbilicals Division
Business & Finance

UK: EnerMech Invests $31.5 M in Process, Pipeline & Umbilicals Division

Mechanical engineering group, EnerMech, has invested £20 million ($31.5M) in a new Process, Pipeline and Umbilical Services division and appointed one of the industries leading pipeline experts to head up the unit. Les Graves (left) joins the EnerMech board as director and brings with him more than

about 15 years ago
Singapore: Ezra Wins 3 Offshore Support Vessels Charters Worth $73 Million
Business & Finance

Singapore: Ezra Wins 3 Offshore Support Vessels Charters Worth $73 Million

Ezra Holdings Limited a leading integrated support and marine services provider in the offshore oil and gas (O&G) sector, announced that it has won fresh charters worth up to US$73 million in total for three of its offshore support vessels, including two recently added multi-purpose platform supply

about 15 years ago
Norway: Bergen Group Wins Contract with Sartor Offshore for the Construction of Three Vessels
Business & Finance

Norway: Bergen Group Wins Contract with Sartor Offshore for the Construction of Three Vessels

Bergen Group BMV has been awarded contracts from Sartor Offshore AS for the construction of three multi-purpose offshore vessels with a total value of about NOK 1 billion. The newbuilding program has a strong focus on environmentally solutions based on high safety and flexibility. The contract for t

about 15 years ago
TÜV SÜD Expands its Offshore Wind Power Capacities (Germany)
Business & Finance

TÜV SÜD Expands its Offshore Wind Power Capacities (Germany)

Alpha Ventus, the first German offshore wind farm, launched operations in 2010. In the future, offshore wind power will play an increasingly important role, not only in Germany but across the world. TÜV SÜD has stepped up its activities in this sector by establishing an Offshore Windenergydepartment

about 15 years ago
Topaz Wins Maersk Oil Qatar Contract Worth $48 Million
Business & Finance

Topaz Wins Maersk Oil Qatar Contract Worth $48 Million

Topaz Energy and Marine, a leading oilfield services company, has through its subsidiary DMS been awarded a five year vessel contract with five one-year options estimated to be worth US$ 48M including the option period. Under the contract, the offshore support vessel ‘Topaz Shaheen’ will serve as a

about 15 years ago
France: Total Announces Four New Appointments to Management Comitee
Business & Finance

France: Total Announces Four New Appointments to Management Comitee

Total today announced the following appointments to its Management Committee, effective January 1, 2011: Arnaud Breuillac, Senior Vice President, Middle East, Total Exploration & Production. Michel Hourcard, Senior Vice President, Development and Operations Techniques, Total Exploration & Production

about 15 years ago
USA: Ensco Urges the Gov’t to Address GoM Permits Issue
Business & Finance

USA: Ensco Urges the Gov’t to Address GoM Permits Issue

Ensco Offshore Co. on Wednesday asked a judge to order the Obama administration to process five permits for drilling in the Gulf of … Source: Chron [mappress] Source:Chron, January 13, 2011;

about 15 years ago
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