Prysmian S.p.A. Board of Directors has approved the Group’s consolidated results for the first quarter of 2014. Group Sales amounted to €1,579 million compared with €1,669 million in the first quarter of 2013, posting organic growth of +3.2%, assuming the same group perimeter and excluding metal pri
CAMAC Energy Inc. has announced financial and operating results for the first quarter of 2014. Highlights for the quarter ended March 31, 2014 include: – Secured the Northern Offshore Energy Searcher drillship for up to two years in West Africa; – Secured the FPSO Armada Perdana for up to seven year
Core Grouting Services, an Acteon company, is a new addition to Acteon’s operating company portfolio. Core is a specialist provider of grouting services for foundations on oil and gas platforms and offshore wind farms. Core’s grouting capability allows Acteon to offer its clients a complete suite of
Ithaca Energy Inc. provides an update regarding Greater Stella Area (“GSA”) operations and the overall development schedule. Continued progress has been made on execution of the main GSA development work programmes since the start of 2014. Strong flow test results were achieved on the second Stella
As part of a development project related to the future offshore wind farm ”Parc éolien en mer de Fécamp” in France, MT Højgaard is to install a deep water concrete foundation. The newly developed prototype foundation is based on proven technologies known from the oil and gas, tunnel and bridge indus
During the last five years Statoil and its partners have invested as much as $7.84 billion on the Troll field, which came on stream in 1995. The investment level will remain high for many years to come. Troll is the story of achieving the impossible. The oil proven in connection with the largest gas
Apache Corporation informed that its Gulf of Mexico subsidiary will sell non-operated interests in the Lucius and Heidelberg development projects and 11 primary term deepwater exploration blocks to a subsidiary of Freeport-McMoRan Copper & Gold Inc. for $1.4 billion. The effective date of the transa
A coalition of leading environmental and conservation organizations — Conservation Law Foundation (CLF), Natural Resources Defense Council (NRDC) and National Wildlife Federation (NWF) — and Deepwater Wind announced an agreement to implement additional protections for endangered North Atlantic right
Emerson Process Management announced the successful first deployment of its Roxar Downhole Wireless PT Sensor System. The new instrument has been deployed as part of the completion on Statoil’s Skuld field in the Norwegian North Sea, where it is measuring online and in real-time pressure and tempera
McDermott International, Inc. announced financial results for the quarter ended March 31, 2014. The Company reported a first quarter net loss of $50 million or $0.21 per fully diluted share, and an operating loss of $42 million. The Company reported first quarter revenues of $604 million, a decrease
Tata Communications, a leading provider of a New World of Communications™, Huawei, a leading global information and communications technology (ICT) solutions provider and Huawei Marine, a global submarine cable network provider, announced the successful completion of a 400G field trial on a subsea n
Electromagnetic Geoservices ASA’s (EMGS) reported revenues of $61.3 million in the first quarter 2014, up from $44.6 million in the previous quarter and from $31.7 million in the first quarter last year. Contract sales totaled $46.4 million, while multi-client sales were at $14.9 million this quarte
EMGS has signed a multi-client license agreement with Nalcor Energy, the Provincial Energy Corporation of Newfoundland and Labrador, for the acquisition of up to 13,500 km2 in a multi-season campaign. The CSEM survey is expected to begin in June of this year and will target the Flemish Pass Basin, w
TGS and Electromagnetic Geoservices ASA (EMGS) have agreed to further expand the Companies’ previous cooperation agreement in the Barents Sea. TGS will partner with EMGS to acquire electromagnetic (EM) data over four additional blocks in the Hoop area of the Barents Sea to bring its total joint owne
