A large ring of yellow buoys floats beside an an Ellicott 300 SL 8″ Swinging Dragon™ dredge on the surface of Pegan Cove, marking the area where contractors have started removing sediment contaminated with PCBs, left by an accident at the Soldier Systems Center 30 years ago. The PCBs were found in t
Great Lakes Dredge & Dock Corporation today announced that it will release its financial results for the three months and six months ended June 30, 2010 on Tuesday, August 3, 2010 at 7:00 a.m. CDT. A conference call with the Company will be held the same day at 10:30 a.m. CDT. Great Lakes Dredge & [
RDS, the world’s leading specialist designer of drilling facilities, has been awarded the contract for the Chirag Oil Project (COP) “Execute” phase by the Azerbaijan International Operating Company (AIOC), operated by BP. Following project sanction, RDS will perform the COP “Execute” phase including
Following the explosion and subsequent sinking of the Transocean Holdings LLC operated Deepwater Horizon drilling rig in the Gulf of Mexico in April 2010, BP and US Government authorities have been conducting unprecedented oil spill response activities. These ongoing efforts have sought to halt the
Subsea 7 Inc. today reports the second quarter and half year results for 2010. PERFORMANCE SUMMARY Quarter Highlights * Good project execution in all regions. * Award of the largest single contract to the Company’s i-Tech business by Petrobras in Brazil. The contract value is estimated at a minimum
Sales EUR 213.1 million, EBIT EUR 1.5 million, order backlog EUR 2.42 billion Hamburg, 27 July 2010. According to initial calculations, REpower Systems Group (Prime Standard, WKN 617 703) generated a total performance of EUR 204.0 million in the first three months of fiscal year 2010/11, compared wi
Sales EUR 213.1 million, EBIT EUR 1.5 million, order backlog EUR 2.42 billion Hamburg, 27 July 2010. According to initial calculations, REpower Systems Group (Prime Standard, WKN 617 703) generated a total performance of EUR 204.0 million in the first three months of fiscal year 2010/11, compared wi
Talisman Energy Inc. reported its operating and financial results for the second quarter of 2010. – Cash flow(1) during the quarter was $812 million compared to $897 million a year ago and $837 million in the previous quarter. Excluding the effect of financial instruments, cash flow was approximatel
Tullow Oil plc announces that on 26 July 2010, Tullow Uganda Limited, a subsidiary of Tullow, has completed the US$1.35 billion acquisition of a 50% interest in Blocks 1 and 3A in Uganda from Heritage Oil & Gas Limited (“HOGL”) with an additional contractual settlement amount of US$100 million. Foll
Northern Offshore, Ltd. announced today that Mr. Gary W. Casswell has been appointed by the directors to serve as President and Chief Executive Officer of the Company. Mr. Casswell has more than 30 years industry experience, most recently serving as Vice President, Eastern Hemisphere Operations for
MARINE safety group Cosalt has formed a joint venture with the Danish engineering company APRO, the provider of engineering services to the… (yorkshirepost) [mappress] Source: automatedtrader, July 27, 2010;
Vantage Drilling Company received an unsolicited proposal to acquire all the outstanding shares of the Company at a premium to the current market price. The proposal was subject to due diligence and requested an exclusivity period. In addition, the proposal was conditioned on the Company abandoning
Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa. The Birimian greenstone belt of West Africa has had a long history of gold mining and prospecting. The region has been one of the fastest gold producing areas worldwide. Mining operations: •SGCP
BP today announced that, by mutual agreement with the BP board, Tony Hayward is to step down as group chief executive with effect from October 1, 2010. He will be succeeded as of that date by fellow executive director Robert Dudley. BP chairman Carl-Henric Svanberg said: “The BP board is deeply sadd
