Schlumberger Limited reported full-year 2011 revenue of $39.54 billion versus $27.45 billion in 2010. Full-year 2011 income from continuing operations attributable to Schlumberger, excluding charges and credits, was $4.97 billion, representing diluted earnings-per-share of $3.66 versus $2.86 in 2010
Upon fostering the development and advancement of the Maritime Industry, it is of a striking importance to ensure that coastal environments, waterways and oceans are not threatened by shipping and offshore operations. Marine pollution has been recognized as one of many other serious threats to the w
Statoil farms into a Cairn Energy operated exploration licence offshore West Greenland. Statoil has acquired a 30.625% working interest in the Pitu licence in Baffin Bay. The licence was awarded to Cairn Energy during the first Baffin Bay licensing round in December 2010. Cairn will continue as oper
Dolphin Geophysical has received a Letter of Award from an undisclosed client for the acquisition of a 3D survey offshore India. The survey will be acquired with the M/V Artemis Arctic and is expected to be completed in early April 2012. Atle Jacobsen, CEO commented; “We are very pleased to be award
Last week, two of the three subsea templates for Statoil’s Skuld fast-track development were shipped out of Aker Solutions’ yard in Egersund, Norway. The two identical templates are being delivered on budget and on time, in line with Statoil’s standardization objectives to reduce cost levels as well
Alexey Miller, Chairman of the Gazprom Management Committee moderated a meeting at the Company’s headquarters. The meeting was focused on the South Stream project implementation. Pursuant to the assignment by Vladimir Putin, Prime Minister of the Russian Federation, a decision was made to significan
Dolphin Geophysical has reached final agreement with Petrosen to commence acquisition of a 3D Multi-Client survey covering nearly 3,600 km(2) offshore Senegal. The survey will commence early March and is highly funded by industry. Dolphin already has 2D seismic data over this area, acquired in 2011
Infield Systems have made a report on the offshore construction activity demand in order to recognize key regions and gauge supply developments stressing the possibility for activity increase due to the arrival of transcontinental pipelines and the deepwater tie-in of various satellite wells matched
The Ministry of Petroleum and Energy today, 20 January, gave the green light to the plan for development and operation (PDO) of Skuld, a fast-track development tied in to the Norne field in the Norwegian Sea. Skuld is Statoil’s fifth approved fast-track PDO, and the largest fast-track development so
The well completion and output enhancement unit of China Oilfield Services Limited （“COSL”） has recently successfully completed a fracturing operation at Sinopec’s 14-2-1 well in Ningbo. This is the first fracturing operation COSL performed for Sinopec. The professionals at the well completion and o
Wave Hub Limited has awarded a contract for the marine operational management and electrical engineering services in order to ensure a safe and efficient facility, Wave Hub. Red Penguin Associates Limited was chosen for this contract on January 11, 2012, thus it is most likely that the company will
CNOOC Limited announced on Thursday that it has resumed a limited production at its Zhuhai gas terminal after repairing a leak in subsea pipe. According to Reuters CNOOC is delivering 2 million cubic meters per day of natural gas from the project, a bit less than 50 percent of its capability. The co
A 150-tonne tidal power vessel is being installed on the Humber to generate electricity for a Hull aquarium… (BBC) [mappress] Source: BBC , January 20, 2012; Image: NREL
MEO Australia Limited advises that the S/R Veritas Viking II commenced acquisition of the 507 km2 Zeppelin 3D seismic survey in AC/P50 & AC/P51 in the Ashmore Cartier region of the Timor Sea (Vulcan sub-basin) today. The survey is scheduled to take approximately twenty three days to record. AC/P50 a
