Enegi, the independent Oil and Gas Company with a portfolio of assets located in the UK North Sea, Newfoundland Canada, Ireland, and Jordan provides an update on North Sea Licence P1974 containing the Malvolio prospect in Block 3/23a (“the Block”). Further to the announcement of 31 January 2013, the
Wave energy developer Carnegie Wave Energy Limited announces the receipt of $852,511 from the Australian Government for the completion of Milestone 2 of the Perth Wave Energy Project. Milestone 2 involved the completion of the detailed design and approvals for the Perth Wave Energy Project. This is
The, ,dream of faster, more affordable and reliable broadband telecommunications to Canada’s North will move one step closer to reality in mid-August as Arctic Fibre Inc. begins its physical landing site surveys at seven locations across Nunavut and one site in Northern Quebec. Starting August 19th
Forum Energy Technologies, Inc. announced second quarter 2013 revenue of $368 million compared to $374 million for the second quarter 2012. Net income for the second quarter 2013 was $30 million or $0.32 per diluted share, including charges of $3 million before tax or $0.02 per diluted share for tra
The Bureau of Safety and Environmental Enforcement (BSEE), U.S. Coast Guard, and Walter Oil & Gas Corporation (Walter) have stood up a Unified Command to continue overseeing and coordinating response efforts to secure the South Timbalier 220 natural gas well, following the loss of well control Tuesd
Polarcus Limited (“Polarcus” or the “Company”) announces that the Company has entered into a three year agreement with ION Geophysical Corporation (“ION”) to jointly develop, execute, and market 3D marine multi-client projects to E&P companies worldwide. The agreement combines Polarcus’ proven exper
Technip was awarded two contracts, worth a substantial total value, to supply flexible pipes for the Egina field operated by Total Upstream Nigeria Ltd, offshore Nigeria. These contracts cover the qualification and supply of: – 12 dynamic flexible jumpers from 3.5″ to 12.5″ for oil production, gas l
Cameron reported earnings per share for the second quarter of 2013 of $0.79, excluding charges. After-tax charges for the second quarter of 2013 were $0.22 per share, including the following unusual items: · Tax consequences related to the formation of OneSubsea $ 0.10 · Other costs, primarily relat
Sustainable economic growth that is sensitive to the environment is at the centre of draft management plans that will form the future National Marine Plan. A joint marine consultation has been launched today that will help decide how Scotland’s seas are managed in the future. The joint consultation
Royal Navy survey ship HMS Echo, in a remarkable ten-day search for hidden dangers to mariners, found one of nearly 20 wrecks and objects peppering the seabed off Libya lying some 160ft beneath the surface of the Mediterranean. The Devonport-based ship was the first Royal Navy vessel into Libya afte
ABB reported higher revenues and earnings in the second quarter of 2013 despite challenging global markets. “We continue to see the positive impact on our results from our balanced geographic and business portfolio,” said ABB Chief Executive Officer Joe Hogan. “We grew orders in a number of key sect
Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and development company, whose shares are quoted in London (AIM) and Dublin (ESM), provides an update on the Barryroe oil field (“Barryroe”) in the North Celtic Sea Basin, offshore Ireland. Providence (80%) operates Barryr
Petroleum Geo-Services ASA announces second quarter and first half 2013 results with the following highlights: – Revenues of $381.7 million, compared to $404.8 million in Q2 2012 – EBIT of $110.6 million, up 28% from Q2 2012 – Group EBIT margin of 29%, up from 21% in Q2 2012 – EBITDA of $209.6 milli
TAQA Bratani Ltd required an isolation solution to facilitate pipework replacement of a 3” instrument air line on board the Tern Alpha Platform in the North Sea, without the necessity for a platform shutdown. STATS Group proposed the use of a 3” BISEP™ and Tecno Plug™ assembly to provide a double bl
