JDR, a leading provider of technology connecting the global offshore energy industry, is opening a new offshore engineering technology centre in Cambridge. Building out from JDR’s global HQ in North Cambridgeshire, the new centre will put JDR at the heart of Cambridge’s growing oil and gas innovatio
The Nexans Board of Directors meeting chaired by Frédéric Vincent on July 24, 2014, approved the Group’s condensed consolidated financial statements for the first half of 2014. Consolidated sales for the six months ended June 30, 2014 came to 3.216 billion euros compared with 3.412 billion euros for
Forum Energy Technologies, Inc. announced second quarter 2014 revenue of $428 million compared to $368 million for the second quarter 2013. Net income for the quarter was $40 million or $0.41 per diluted share compared to $30 million or $0.32 per diluted share for the prior year period. Included in
Statoil’s second quarter 2014 net operating income was NOK 32.0 billion, a decrease of NOK 2.3 billion compared to the second quarter of 2013. Adjusted earnings were NOK 32.3 billion. “Statoil delivered solid operational performance in the quarter, with continued high production regularity on the No
Petroleum-Geo Services (PGS) released the results for the second quarter with revenues of $337.0 million, compared to $381.7 million in Q2 2013. Second quarter highlight include: – EBITDA of $170.6 million, compared to $209.6 million in Q2 2013, – EBIT, excluding impairments, of $55.3 million, compa
Cameron reported earnings per share for the second quarter of 2014 of $1.00 excluding unusual items. This compares to earnings per share for the second quarter of 2013 of $0.77 excluding unusual items. The unusual items for the second quarter of 2014 were after-tax credits of $0.02 per share and a $
On July 22, 2014, Technip’s Board of Directors approved the second quarter and first half 2014 consolidated financial statements. Thierry Pilenko, Chairman and CEO, commented: “Technip’s second quarter was characterized by a substantial improvement in Subsea profitability, exceptionally strong order
Swedish energy company, Vattenfall, awarded a helicopter services contract to a Danish company. UNI-FLY will provide a helicopter for crew transfer and repair services, with the option for rescue activities for the Horns Rev 1 offshore wind farm. Vattenfall could extend this contract for DanTysk, wi
Personnel in the coastal mine hunter HMAS Yarra have used their diving expertise to recover an anchor and shackles weighing one tonne from the seabed near Ashmore Island. The anchor, belonging to Armidale class patrol boat HMAS Bundaberg, was cut lose when it firmly wedged beneath a large boulder an
The U.S. Army Corps of Engineers Galveston District, awarded a small business contract in the amount of $106,871.81 to Quaternary Resources Investigations LLC for core drilling, soil sampling and laboratory testing at Freeport Harbor’s Dredging Placement Area One. The contract will allow for drillin
The Turkish Ministry of Environment and Urbanisation has approved the Environmental Impact Assessment Report (EIA Report) for the section of the South Stream Offshore Pipeline that will cross the Exclusive Economic Zone (EEZ) of Turkey. The EIA Report consists of an assessment of potential impacts o
Minehunter Rimini (engaged in the Standing NATO Mine Countermeasures Group 2) identified a mine still with its releasing device in the Black Sea. The discovery was exceptionally uncommon, due to the absence of mud on the device and the still existing connection with the anchor, as well as the physic
Oceaneering International, Inc. reported record quarterly earnings for the second quarter ended June 30, 2014. On revenue of $927.4 million, Oceaneering generated net income of $110.3 million, or $1.02 per share. During the corresponding period in 2013, Oceaneering reported revenue of $820.4 million
TGS announces two multi-client geochemical seafloor sampling and seep studies offshore Canada and in the Barents Sea. Sampling locations for both programs were identified using recently acquired multi-client seismic data. The Labrador Sea Sampling 2014 will be collected in partnership with VBPR and
