Wood Group, the international energy services company, issues the following pre-close trading update for the year to 31 December 2011. Full year results for the year will be announced on 6 March 2012. Overall, the Group expects to deliver good growth, with performance for the year in line with expec
Vallourec subsidiary, Serimax, a full service welding specialist, has appointed Frederic Castrec as managing director to replace David Williams. Mr Castrec joined Serimax in 1996 as a welding engineer and held a number of senior positions, including Chief Operating Officer, prior to taking over the
Offshore engineering specialists, Aquaterra Energy Ltd has opened an office in Cambridge, UK to develop the analysis service currently offered by the business to global oil and gas companies. Norwich-based Aquaterra Energy has been offering a Riser Analysis service since the company’s inception in 2
Leading energy services company Senergy has appointed a vice president (VP) of resources to further strengthen the company’s commitment to building and developing its global talent pool. Taking up the role is Vivien Broughton who, through her broad oil and gas career, has established an impressive t
An Autonomous Underwater Vehicle (AUV) manufactured by Hydroid, Inc., a subsidiary of Kongsberg Maritime and the leading manufacturer of AUVs, has discovered the wreckage of a helicopter that crashed in Svalbard, Norway in 2003. The helicopter’s crew escaped alive, but the wreck had not been seen si
Providence Resources P.l.c., the London and Dublin listed oil and gas exploration and production company, provides an interim update on its appraisal drilling programme in the North Celtic Sea Basin, offshore southern Ireland. The 48/24-10 Barryroe well is located in c. 100 m water depth c. 50 km of
Offshore Marine Management (OMM) has announced the launch of a new maintenance support service for offshore renewables operators. With little existing guidance and no legislation currently in place, operators may not be conducting the maintenance they need in order to guarantee the integrity of thei
SeaBird Exploration PLC provides a contract update regarding its business activities as set out below: Phase 1 of the Osprey Explorer multiclient survey in Gulf of Mexico was completed in September 2011 (approximately 8,000 km), and SeaBird reports that the first sale under the master license agreem
The Board of Appeal of the European Patent Office in Munich has found that EMGS’s patent for the use of CSEM for the direct detection of hydrocarbons in submarine reservoirs is valid. The patent (EP 1256019) was the subject of an Opposition in the European Patent Office, but has successfully overcom
L&N have made significant investment in equipment and personnel to launch new Inspection Services. In addition to the details already shown on their website, the following inspection services are now available in-house or onsite: * Borescope Inspection (GE XL3G VideoProbe) * Positive Material Inspec
Statoil has awarded Kongsberg Oil & Gas Technologies a contract worth NOK 150 million over three years to develop the world’s first integrated environmental monitoring system (EM) for oil and gas activities. Statoil currently employs several environmental monitoring methods at its installations, mai
Yesterday marked a major watershed for international connectivity between Ireland and the UK as Sea Fibre Networks (SFN), owner and operator of Europe’s most advanced sub-sea telecoms network CeltixConnect launched the first major European sub-sea cable for eleven years. The 450 foot Cable Innovator
From 13 December, 6 am CET to 15 December, 6 pm CET, the gas flow through the Nord Stream Pipeline will be temporarily suspended due to planned maintenance works at Gazprom’s connecting pipeline. During the shutdown time, Nord Stream will also carry out maintenance activities at the installations on
ABB, the leading power and automation technology group, announced that it has completed its acquisition of Powercorp. Powercorp’s portfolio includes automation and control technologies to manage the integration of renewable energy into isolated grids and keep generation in balance with consumption.