On July 23, 2013, Technip’s Board of Directors approved the second quarter and first half 2013 consolidated accounts. Thierry Pilenko, Chairman and CEO, commented: “Technip’s second quarter results enable us to maintain our 2013 full year revenue and profit objectives. In Subsea, progress and close-
Havila Shipping ASA of Fosnavag, the leading Norwegian supplier of quality-assured supply services to international offshore companies with a fleet of dedicated vessels, has extended its present contract with GNSS positioning specialists Veripos until the end of 2015. Under the renewed arrangement V
Oceaneering International, Inc. reported record quarterly earnings for the second quarter ended June 30, 2013. On revenue of $820.4 million, Oceaneering generated net income of $98.8 million, or $0.91 per share. During the corresponding period in 2012, Oceaneering reported revenue of $672.5 million
The Bureau of Safety and Environmental Enforcement (BSEE) and the U.S. Coast Guard are continuing to oversee Walter Oil & Gas Corporation’s response efforts to secure the natural gas well and extinguish the subsequent fire that started after the operator’s loss of well control Tuesday. Both BSEE and
Statoil’s second quarter 2013 net operating income was NOK 34.3 billion. Adjusted earnings were NOK 38.0 billion. “Statoil delivered an operationally solid quarter. We produced as planned, delivering record production from our portfolio outside Norway. We are on track and maintain our guidance for 2
Offshore technology provider AGR Enhanced Drilling, via its subsidiary Ocean Riser Systems, has entered into a NOK120m (USD20m) Letter of Intent (LOI) together with Statoil to deliver the next-generation EC-Drill® Managed Pressure Drilling system. This latest contract will replace a purchase order m
Leading UK marine consultancy ABPmer has been commissioned by Guernsey Electricity Limited to undertake the environmental scoping studies in support of future submarine power cable projects. The company is seeking to install two submarine power cables between Guernsey and Jersey and Guernsey and Fra
ION Geophysical Corporation announced that it has established a GX Technology (GXT) seismic data processing center in Perth, to serve the needs of oil & gas companies in Australia and throughout the Asia-Pacific region. The new center is staffed with experienced geoscience professionals with regiona
Fugro Chance Inc. recently performed non-typical acoustic metrologies on four proposed jumpers in the Gulf of Mexico. By industry standards the measurements were completed in a substantially short time frame. A typical metrology takes approximately 12 hours for one measurement, resulting in an antic
Hercules Offshore today provided updates to the incident aboard jackup drilling rig Hercules 265, a 250′ mat-supported cantilevered unit, operating for Walter Oil & Gas Corporation in the U.S. Gulf of Mexico OCS lease block South Timbalier 220. Late yesterday evening, the natural gas flowing from th
Vos Prodect Innovations announces the delivery of cable protection systems for the submarine power cable project in Iceland, between the Mainland and Vestmannaeyjar island. Landsnet hf, who operates Iceland’s electricity transmission grid, has decided to use the well-known cable protection systems o
A special meeting of the Isle of Wight Council cabinet to discuss the approval of Isle of Wight tidal energy project will be held on Thursday. Preparatory works, which include site surveys, environmental impact assessments and drawing up engineering and design specifications for the Solent Ocean Ene
Acoustic positioning technology from Sonardyne International Ltd. has been selected by De Beers Marine to assist in the search for diamonds buried off the Namibian and South African coasts. The Ranger 2 GyroUSBL system was supplied through Sonardyne’s South African agents, Underwater Surveys, and is
DONG Energy has announced the results from two exploration wells that were drilled in the West of Shetlands at the end of 2012 and early 2013. After initial analysis, the Cragganmore exploration well is confirmed as a gas discovery and the Glenrothes well has been plugged and abandoned. The next sta
