SeaBird has been working closely with the BP Macondo Team to provide high-resolution autonomous node seabed seismic data at the well site in the Gulf of Mexico. The node technology is used because of the ultra-deep water capability and the versatility of the separated sensor package, allowing direct
Marathon Oil Corporation today reported second quarter 2010 net income of $709 million, or $1.00 per diluted share. Net income in the second quarter of 2009 was $413 million, or $0.58 per diluted share. For the second quarter of 2010, net income adjusted for special items was $792 million, or $1.11
IDC Energy Insights today announced the availability of a new perspective, IT Impacts from the BP Oil Spill . The document indicates that broad Federal and State regulatory and policy changes initiated as a result of the recent BP oil spill, will significantly increase regulatory requirements relate
Singapore, August 3, 2010 : Sembcorp Marine achieved a 28% increase in net profit to $176.1 million from $138.1 million in 2Q 2009. Group turnover at $1,097.9 million was 27% lower as compared with $1,497.6 million for the corresponding period in 2009. Group operating profit at $202.3 million was 21
Leading international oilfield service company Expro today announces the signing of a $100million, multi-year contract with TS Marine Asia Pacific, to supply the Havila Phoenix vessel, together with ROV and other associated services, to deploy the AX-S™ subsea well intervention system. The broad tec
Global shipping and energy services firm, the Craig Group, has announced a multi million pound investment in four new emergency response and rescue vessels. (ERRVs) It is anticipated that the new vessels have the potential to create an additional 120 jobs in the North Sea marine industry. Managed by
Malta’s economy would totally collapse if an oil accident were to happen in the Mediterranean, according to Nature Trust. [mappress] Source:TheSundayTimes, Malta, August 3, 2010:
Favelle Favco Bhd, through its subsidiaries, has secured several orders with a combined value of about RM106.4mil for the supply of tower… [mappress] Source:Star(Malaysia), August 3, 2010
Oceaneering International, Inc. announced that it has, through its wholly-owned subsidiary, Grayloc Products Canada, Ltd., acquired all the operating assets of SMX International Canada Inc. (SMX). Located near Toronto, SMX is a manufacturer of metal-to-metal seal clamp connectors, check valves, and
Vantage Drilling Company announced today the closing of the previously announced concurrent offerings by Offshore Group Investment Limited, a wholly owned subsidiary of Vantage (the “Issuer”), of $1.0 billion aggregate principal amount of 11½% Senior Secured First Lien Notes due 2015 and the Company
The U.S. Coast Guard continues to work with the Louisiana Oil Spill Coordinator’s Office LOSCO, Louisiana Department of Natural Resources LDNR, Louisiana Department of Environmental Quality LDEQ, Louisiana Department of Wildlife and Fisheries LAWLF, the Louisiana State Police LSP, and Jefferson Pari
Construction of the second cylindrical ultra-deep water Semi-submersible Drilling rig SEVAN DRILLER II, being built for Sevan Marine ASA, is progressing steadily and on schedule in COSCO Nantong Shipyard. The 13.4m stage block erection of the main hull is nearly complete and three levels of the acco
Champion Technologies has announced a multi-million pound contract with Wood Group for the provision of production chemicals and chemical services to several of the firm’s North Sea assets. Initially a three year contract, there are two one year options in place which could see the value of the deal
During final preparations to commence with the injectivity test, a small hydraulic leak was discovered in the capping stack hydraulic control system. The injectivity test, previously announced to take place Monday, will be rescheduled until the leak is repaired. It is anticipated that the injectivit
