Halliburton announced that net income for the first quarter of 2011 was $557 million, or $0.61 per diluted share, excluding the Libya charge of $46 million, after-tax, or $0.05 per diluted share, related primarily to reserving certain assets as a result of recent political sanctions. This charge doe
Leading international oilfield services company Expro announces that it has been awarded a $27million contract offshore Israel. Noble Energy Inc has awarded Expro a contract for deepwater operations onboard the Transocean Sedco Express for the TAMAR field development and the Pride North America for
Australian energy company WHL Energy Limited announced that it has signed a new agreement with Fugro Data Services AG and Geomahakarsa Ltd for the acquisition of additional seismic over its highly prospective offshore Seychelles exploration interests. WHL Energy has elected to commission a further 8
Wright’s Well Control Services (WWCS) announces the formation of a strategic alliance with IEV Group, a multi-national company headquartered in Malaysia (IEV), to introduce and promote WWCS’ plug and abandonment, decommissioning and removal, wireline and e-line, completion and recompletion, hydrate
At Ocean Business 2011, Ashtead Technology announces investments totalling $2.25 million, in new high technology rental equipment from leading manufacturers including Reson, R2Sonic, Tritech, Ixsea and Sonardyne. Ashtead Technology strive to remain at the forefront of the latest technology, meeting
Deep-Sea Drilling Vessel Chikyu, operated by Japan Agency for Marine-Earth Science and Technology, will enter dry dock on April 20 for inspection and repairs for damage caused by the “2011 Off the Pacific Coast Tohoku Earthquake. The work will take place in Yokohama Dockyard and Machinery Works, Mit
Endeavour International Corporation announced agreement of commercial terms for the processing and transportation of East Rochelle production on the Scott Platform, in the Central North Sea. Endeavour, operator of the East Rochelle, plans to award contracts and commence construction of the productio
The KFELS MPSEP vessel will be deployed for foundation works at DanTysk in the German Sector of the North Sea, starting 4Q2012. Keppel FELS Limited announces that a contract from the joint-venture Aarsleff Bilfinger Berger (ABJV) Dan Tysk, worth in excess of EUR 35 million, has been secured for SEAF
Songa Offshore announces that a firm contract for the use of Songa Mercur has been agreed and signed with Gazflot LLC, a Gazprom subsidiary. The contract covers the use of the Songa Mercur for Gazflot’s upcoming drilling campaign offshore Sakhalin Island during the 2011 summer season. The rig is cur
Subsea 7 S.A. announced the award of a contract with A/S Norske Shell for subsea pipeline installation services for the Ormen Lange Northern Field Development – Mid North Project in the Norwegian Sea. The work is the first call-off under Subsea 7’s Frame Agreement with Shell for Pipeline Installatio
The lifting incident on Njord A on 18 December 2010 could, under insignificantly altered circumstances, have resulted in loss of life and significant material damage. The Petroleum Safety Authority Norway’s (PSA’s) investigation of the incident has identified several nonconformities in relation to t
Rolls-Royce, the global power systems company, has opened its latest Marine Service Centre, in Walvis Bay, Namibia. The investment is the latest stage in the development of a global Marine Service Centre network, which brings the expertise of Rolls-Royce engineers to customers around the world. Roll
Holdings in 11 new production licences have been awarded to Statoil in the 21st licensing round on the Norwegian continental shelf (NCS), which was announced by the government on 15 th April. The group received eight new operatorships, with four of these in the Barents Sea and four in the Norwegian
Subsea 7 S.A. announced the award of a SURF contract valued at approximately $70 million from Statoil on the Tordis Area in the North Sea. This contract is for the engineering, procurement and installation of two 10” 12 km oil production pipelines, together with a pull-in to Gullfaks C and tie-in at
