“KONGSBERG completed 2010 with yet another strong quarter. The Group embarks on 2011 with a high level of activity, new and strengthened market positions in more areas, and a substantial project portfolio,” says CEO Walter Qvam. “The Group is also exploring many important new market opportunities. T
Pauliina Tennilä has been appointed Director, Investor Relations at Wärtsilä Corporation as of 1 March 2011. She succeeds Joséphine Mickwitz, who has been appointed HR Director, Wärtsilä Industrial Operations. Tennilä has worked at Wärtsilä since 1998 and has held various positions in the company, a
Rockwool Technical Insulation demonstrates how efficient insulation reduces energy costs and delivers a smaller carbon footprint at the 25th Gastech Conference and Exhibition in Amsterdam from 21-24 March 2011. Energy consumption of industrial plants can be reduced significantly by adequate insulati
Petroleum Geo Services (PGS) together with Spectrum have completed reprocessing 7,357km of 80’s vintage 2D seismic data offshore the south east coast of Greenland, with a significant improvement in data quality. South Eastern Greenland The seismic data is located offshore South Eastern Greenland bet
Songa Offshore SE (“Songa” or “the Company”) reports total comprehensive income for the fourth quarter of 2010 of USD 110.1 million. Operating revenue for the fourth quarter was USD 159.1 million. This includes mobilization and demobilization revenue of USD 8.6 million. Total expenses for the fourth
Xcite Energy announces that its 100% subsidiary, Xcite Energy Resources Limited (“XER”), has entered into a binding drilling contract with British American Offshore Limited (“BAOL”), part of Rowan Companies, Inc. for the N-Class “Rowan Norway”, a harsh environment, deep water jack-up unit, designed
Noreq As, norwegian producer of maritime deck equipment and German company Fr. Fassmer GmbH & Co agrees to further develop the Torpedo Free Fall lifeboat. Noreq has, since 2008 launched the Torpedo lifeboat as the evacuation method for the future for offshore use and it is fully equipped to meet the
Roc Oil (China) Company advises that the Beibu Gulf project joint venture parties and the Joint Management Committee (which includes CNOOC Limited) have approved the Final Investment Decision (“FID”) in respect of the WZ6-12 and WZ12-8 West Oil Fields in Block 22/12, in the Beibu Gulf, South China S
Wintershall Norge ASA has been granted consent to carry out exploration drilling of well 35/12-4S & A with the mobile facility Songa Delta. The well will be drilled in production licence 378 in the North Sea, 34 kilometres north of Troll C. The well has the coordinates N 61° 11′ 06.79”, E 03° 41′ [&
Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Keppel FELS Brasil, has secured two contracts totalling S$381.4 million (ApproximatelyUSD $298) – one from Single Buoy Moorings Inc. (SBM), and another from the joint venture company MODEC and Toyo Offshore Production Systems (MTOPS).
Demonstrating its continued commitment to subsea equipment safety, reliability and performance, GE Oil & Gas today officially opened both its new Hyperbaric Testing Hall and a newly refurbished Electrical & Electronics Assembly Plant in Nailsea, U.K. Dean Arnison, Site Leader and Director for Subsea
Rockhopper Exploration plc , the North Falkland Basin oil and gas exploration company, announces that exploration well 14/10-3 located in licence PL032, 8 km to the north west of the Sea Lion oil discovery was drilled to a total depth (TD) of 2,830m. The well was designed to explore the northern lob
Keppel FELS Limited (Keppel FELS) is on track for an early and safe delivery of Alpha Star, the second of two DSSTM 38 semisubmersible rigs, to Brazil’s Queiroz Galvão Óleo e Gás (QGOG). Keppel FELS was awarded a total of S$40,000 in safety bonuses from QGOG for the strong safety performance during
GE announced that its Oil & Gas business has entered into an agreement to acquire the Well Support division of John Wood Group PLC (“Wood Group”) for approximately $2.8 billion. The transaction, which the Board of Wood Group intends to unanimously recommend to its shareholders, is expected to close
