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Business & Finance

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UK: European Demand for Expro*s Subsea Safety Systems
Business & Finance

UK: European Demand for Expro*s Subsea Safety Systems

Leading international oilfield service company Expro announces today that it has secured 10 subsea contracts in its Europe CIS region for work in 2010 and 2011. More than $10million worth of new subsea business has been secured in the central North Sea and Norway with companies including Premier Oil

about 16 years ago
Ackermans & van Haaren: Half Year Results 2010
Business & Finance

Ackermans & van Haaren: Half Year Results 2010

The board of directors of Ackermans & van Haaren NV announces that the consolidated net result (group share) for the first half of 2010 increased by 46% (compared to the same period in the previous year) to 73.5 million euros. • Contracting, dredging and concessions: increase of turnover (+37%) and

about 16 years ago
Norway: New Board-members Suggested in Statoil
Business & Finance

Norway: New Board-members Suggested in Statoil

The Nomination committee in Statoil is recommending to the company’s corporate assembly to elect Lady Barbara Judge and Bjørn Tore Godal as new members of Statoil’s board of directors. The Nomination committee is recommending the corporate assembly to re-elect Svein Rennemo (chair of the board), Mar

about 16 years ago
Mozambique: Sasol Limited Assigns Participating Interests in Sofala and M-10 Licences to ENH
Business & Finance

Mozambique: Sasol Limited Assigns Participating Interests in Sofala and M-10 Licences to ENH

Sasol announces the assignment of participating interests in the Sofala and M-10 licenses offshore Mozambique to Empresa Nacional de Hidrocarbonetos (ENH). Yesterday Sasol, through Sasol Petroleum International Pty Limited (SPI), the wholly owned upstream oil and gas subsidiary of Sasol Limited, and

about 16 years ago
Norway: AVEVA Opens New Centre of Excellence for Owner Operators in Oil&Gas Industry
Business & Finance

Norway: AVEVA Opens New Centre of Excellence for Owner Operators in Oil&Gas Industry

AVEVA one of the world’s leading providers of engineering design and information management solutions for the plant, power and marine industries, today announced the opening of a new oil and gas Centre of Excellence for Operations Integrity Management (OIM) in Stavanger, Norway. Addressing the compl

about 16 years ago
Seatower appoint new VP of Marine Operations (Norway)
Business & Finance

Seatower appoint new VP of Marine Operations (Norway)

Offshore foundation company Seatower have appointed Trond Kjetil Nodberg as new Vice President of Marine Operations. Nodberg comes from a position of Vice President at Aker Marine Contractors. Oslo-based Seatower is the company behind the Cranefree concept for offshore wind, which features self-inst

about 16 years ago
USA: Paul Johnson Questioned About Rig Explosion in GoM
Business & Finance

USA: Paul Johnson Questioned About Rig Explosion in GoM

In a conference room at the Hilton hotel near Hobby Airport, a panel of federal investigators asked question after question after question. (myfoxhouston) [mappress] Source: myfoxhouston, August 24 , 2010;

about 16 years ago
Denmark: DONG Energy Selling Interests in North Sea Licences
Business & Finance

Denmark: DONG Energy Selling Interests in North Sea Licences

DONG Energy has sold 15% of the Svane and Solsort licences (4/98 and 3/09) in the Danish sector of the North Sea to VNG Danmark ApS. DONG Energy is reducing its licence interests as part of its portfolio optimisation. An appraisal drilling of the Svane field carried out in 2001 by the then operator

about 16 years ago
Russia: DEME Awarded New EUR 105 Million Contract for Reclamation Site of Olympic Winter Games 2014 in Sochi
Business & Finance

Russia: DEME Awarded New EUR 105 Million Contract for Reclamation Site of Olympic Winter Games 2014 in Sochi

The Belgian dredging, marine engineering and environmental Group DEME, has been awarded a contract for dredging, transport over a distance of 120 km. and reclamation works to prepare the Imeretinskaya Lowland area at Sochi for construction of the Olympic village for the 2014 Olympic Winter Games. Th

about 16 years ago
Malaysia: Aker Solutions Bags Two Kanowit Field Contracts Worth $50 Million
Business & Finance

Malaysia: Aker Solutions Bags Two Kanowit Field Contracts Worth $50 Million

Aker Solutions, through its subsidiary in Malaysia – Aker Process Systems Asia Pacific (APSAP), has been awarded two subsea contracts from PETRONAS Carigali Sdn Bhd (PETRONAS Carigali). The first is a work order to supply subsea production system and services for the Kanowit field, while the second

about 16 years ago
BP Reports Nearly $400 Million in Claims Payments as Program Transitions to GCCF
Business & Finance

BP Reports Nearly $400 Million in Claims Payments as Program Transitions to GCCF

BP, which has transitioned its individual and business claims program to the Gulf Coast Claims Facility (GCCF), said today it made claim payments of nearly $400 million during the 16 weeks it managed claims related to the oil spill in the Gulf of Mexico. BP noted the following claims activity since

about 16 years ago
HB Rentals Secures Four Modules Contract Offshore Norway
Business & Finance

HB Rentals Secures Four Modules Contract Offshore Norway

HB Rentals has secured a contract for four modules offshore Norway and announced a significant investment in its fleet. HB Rentals has agreed a long-term lease contract with Prosafe to supply four 20ftx8ft A60 Zone II Norsok office modules for the Valhall platform in a £250,000 deal. The company has

about 16 years ago
Italy: Saipem Announces Jacques Yves Leost*s Resignation from Board of Directors
Business & Finance

Italy: Saipem Announces Jacques Yves Leost*s Resignation from Board of Directors

Saipem announces that Mr. Jacques Yves Léost will leave the company and resign as a board director of Saipem S.p.A. to pursue new professional opportunities. Mr Léost was appointed by Eni shareholder at the Shareholders’ Meeting of 28th April 2008. Saipem thanks Mr. Léost for his valuable profession

about 16 years ago
Australia: AWE Declares Year 2010 a Disappointing One for the Company
Business & Finance

Australia: AWE Declares Year 2010 a Disappointing One for the Company

A strong underlying performance by the company’s core production operations have been offset by exploration write-offs and one-off abnormal items. As a result, in the year to June 30, 2010, AWE reported a statutory net loss after tax of $28.9 million. The exploration write-offs ($113.1 million) are

about 16 years ago
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