Crest Subsea has chosen Orange Business Services for the communication infrastructure of its diving support vessels. With this contract, Orange Business Services is responsible for integrating and operating a VSAT satellite communication system specially developed for marine communications. Crest Su
The new Imenco Shark Range will be launching at exhibitions in Europe, North America and Asia in spring 2011. First out is the Subsea UK in Aberdeen February 9-10th. All of Imenco Subsea Cameras have been reviewed and optimized and as a tribute to the different sharks around the world they have been
Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) , has declared a cash distribution of $0.475 per unit for the quarter ended December 31, 2010, payable on February 14, 2011 to all unitholders of record on February 7, 2011. The Partners
Keppel FELS Limited (Keppel FELS) has secured a contract worth about US$416 million from Discovery Offshore S.A. (Discovery Offshore) to construct two harsh environment jackup rigs based on the proprietary KFELS Super A Class design. The rigs are scheduled for delivery in 1H and 2H 2013 respectively
Murphy Oil Corporation announced today that net income in the fourth quarter of 2010 was $174.1 million ($0.90 per diluted share), compared to net income of $318.8 million ($1.65 per diluted share) in the fourth quarter 2009. Although there were no significant unusual items in the fourth quarter of
CNOOC Limited today announced its 2011 business strategy and development plan. The total net production of the Company in 2011 is targeted at 355-365 million barrels of oil equivalent (BOE) (assuming with WTI at US$82.0/barrel). The Company’s net production for 2010 is estimated to be 327-329 millio
Marine Platforms Limited (“MPL”) and Siem Offshore have agreed to extend the initial interim period for the MRSV (Multi Role Support Vessel) Siem Marlin by an additional firm period of one year until April 2012. MPL has options to extend the charter by 2 + 1 year. The Vessel provides services for a
Lamprell PLC announces that Mr. Chris Hand, Chief Operating Officer, was appointed to the Board of Directors of the Company on 26th January 2011. The Company confirms that there is no further information required to be disclosed pursuant to Listing Rule 9.6.13. Lamprell, based in the UAE, has played
Noble Corporation today reported fourth quarter 2010 earnings of $99 million, or $0.39 per diluted share, versus $446 million, or $1.72 per diluted share, for the fourth quarter of 2009. Contract drilling services revenues for the fourth quarter of 2010 were $614 million versus $894 million in the f
Tullow Oil plc (Tullow) issues this Trading Statement in respect of its financial year to 31 December 2010. This is in advance of the Group’s Full Year Results, which are scheduled for release on 9 March 2011. The Operational Update is in respect of recent production, development and exploration act
SeaBird Exploration PLC (‘SeaBird” or “SBX”), the market leader in deepwater node seismic, announces an agreement for a strategic cooperation to further develop Ocean Bottom Node (“OBN”) operations together with Petroleum Geo-Services ASA (PGS). This agreement enables the two companies to provide a
KBR today announced that it has been selected by Chevron USA Inc. to execute the detailed design for the Chevron Big Foot Topsides project. The Big Foot field is located in the Walker Ridge Block 29 of the Gulf of Mexico and is owned by Chevron USA Inc. (operator) and other working interest owners.
Technip announces today a new investment project to expand its flexible pipe manufacturing footprint in Brazil adding capacity for additional volume and high-end products. The very significant development of Brazil’s hydrocarbon reserves in recent years has driven huge growth in the demand for flexi
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth The Zola-1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. The well is b