Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering announces its interim results for the six months to 31 December 2011. Highlights Financial · 24% increase in sales revenue to £9.3m (2010:
Grandweld Shipyards announces that it has established a new Ship Repair division in Fujairah, in order to expand its ship repair facilities, and service capabilities at Fujairah Port and offshore Fujairah. With its latest expansion, Fujairah port has become the second largest bunkering port in the w
Department of Energy (DOE) grant recipient, Ocean Renewable Power Company (ORPC) is now licensed to construct, operate, and maintain its 5-unit, 300 kW TidGen Power System in Cobscook Bay, Maine. In 2010, DOE awarded $10 million to ORPC’s $21-million TidGen Power System Commercialization Project. Th
Deep Down, Inc., an oilfield services company specializing in products and services for the deepwater and ultra-deepwater oil and gas industry, reported $2.1 million of net income for 2011, an improvement of $20.0 million over the same period in 2010. OPERATING RESULTS For 2011, Deep Down reported n
In 2012 Gazprom will launch gas production from the Kirinskoye gas and condensate field on the Sakhalin shelf as part of the Sakhalin III project. For the first time ever natural gas will be produced by a subsea production system in Russia. By the moment, a gathering manifold to intake gas mixture f
Siem Offshore Contractors GmbH, a wholly owned subsidiary of Siem Offshore Inc., announced that SOC has been awarded the contract for the installation of the inner array grid cables as well as associated services for the Amrumbank West Offshore Wind Farm project by Amrumbank West GmbH, a subsidiary
Technip announces that its wholly-owned subsidiary Duco Inc. was awarded a contract by Bluewater Industries Inc. for the Cheviot field development, whose operator is ATP Oil & Gas (UK) Limited. The Cheviot field is located in Block 2/10B, approximately 100 kilometers East of the Shetland Isles, in t
Global leader in subsea and offshore grouting, FoundOcean announces that its expanded Offshore Service Base in Livingston, Scotland will see it doubling the number of employees the company has based there, including offshore personnel. A specialist provider of support services for the energy constru
Fairmount Marine’s tug Fairmount Summit had towed pipelay and heavy lift barge Acergy Polaris from Brazil to Gabon. The Acergy Polaris, owned by Subsea 7, is a multipurpose barge for pipelay and heavy lift activities in deepwater fields. The barge, equipped with pipelay tower, heavy lift crane and a
CNOOC Limited announced its annual results for the 12 months ended December 31, 2011. In 2011, the Company’s average realized oil price amounted to US$109.75 per barrel and its average realized natural gas price reached US$5.15 per thousand cubic feet, representing an increase of 40.8% and 14.7% yea
Dolphin Geophysical have signed a further Agreement with the Government of Mauritania to acquire additional 2D Multi-Client survey over certain offshore areas including designated Deep-Water blocks. These additional data of about 9,000km will increase the total for the NWAAM project to around 26,000
ITF, the oil and gas industry technology facilitator today announced new membership agreements with two major global service companies. Through their membership, Petrofac and Siemens will join other high profile energy players in supporting new technologies through the ITF model to tackle global ind
Kongsberg Maritime Germany opens the renewed and extended CS department on 13. April 2012. After three months of office rebuilding and adding new premises, Kongsberg Maritime Hamburg is proud to announce the opening of its Regional Support Office by new office space, warehouse and workshops. “Contin
Mermaid announces that its wholly owned subsidiary Subtech Ltd. has opened a branch office in Abu Dhabi, United Arab Emirates. Subtech already has offices in Qatar and Saudi Arabia. The purpose of the Branch Office is to continue the expansion of Mermaid’s footprint in the Middle East region by givi
