Stork Technical Services and Arle announced the acquisition of RBG Limited, the UK based supplier of inspect, assess and repair services to the global energy industry. RBG Limited, which in 2010 had revenues of c.£300m, has been acquired as a strategic addition to Stork Technical Services Holding B.
In line with the guidance announced on 11 April 2011, Leighton Holdings Limited announced a loss after tax (unaudited) of $382m for the nine months to 31 March 2011 from total revenue of $13.8bn and expects to report a loss after tax of $427 million for the 2010/11 financial year. A summary of finan
Specialist oilfield production chemicals company Champion Technologies has secured its first deepwater chemical management services contract in West Africa in an eight-figure deal over five years. The work involves a full suite of chemicals and associated support services for Noble Energy’s Aseng Fi
Navingo BV – organizer of Offshore Energy 2011 Exhibition & Conference (11 & 12 October, Amsterdam RAI) – announces that André Goedée, CEO of Dockwise, and Michael Kahn, CEO of Jumbo, will join the Committee of Recommendation. This Committee will help secure the international ambitions of Offshore E
EPC Offshore has won a £1million contract with Ithaca Energy which will see the company provide a team of experts to support key areas of… (hazardexonthenet) [mappress] Source: hazardexonthenet ,May 16, 2011;
For the three-month period that ended on 31 March 2011, total service income of the Group was Baht 1,144 million, an increase of Baht 425 million, or 59.1%, from Baht 719 million for the three-month period that ended on 31 March 2010 . The increase in revenues of Baht 425 million was mainly due to [
A remotely operated underwater vehicle (ROV) developed by the Korea Ocean Research & Development Institute has robot arms capable of lifting… (donga) [mappress] Source: donga,May 16, 2011; Image: kordi
After a turbulent period the Noordhoek Group has finalized and formalized a re-launch of the group. By attracting external capital the company is to proceed to operate at the same location in Zierikzee, while the vast majority of the quality staff will be able to join the company. The investment com
Bahamas Petroleum Company plc, the oil and gas exploration company with offshore licence permits in The Commonwealth of The Bahamas, announces preliminary evaluation results from the fully processed 2011 PSTM and 2010 PSDM 2D seismic data, set out in an Exploration Update Report . The Report include
P/F Atlantic Petroleum announces that its wholly owned subsidiary, Atlantic Petroleum UK Limited, has signed a share purchase agreement to acquire the entire issued share capital of the UK-based private exploration company, Volantis Exploration Limited. Volantis Exploration holds equity in a total o
The Cabinet Committee on Economic Affairs approved the proposal for acquisition of a new Research Vessel (RV) by Geological Survey of India (GSI) for seabed survey and exploration for non-living resources etc., as a replacement of RV “Samudra Manthan” at a revised cost estimate of Rs.549.50 crore. T
Following a NOK18m (£2m) deal, AGR Drilling Services has an important new client for its Riserless Mud Recovery system (RMR®). Oil and gas company E.ON Ruhrgas UK E&P Ltd has signed a contract with AGR to use its innovative RMR® technology in the North Sea. The contract, which lasts until the end of
The Board of Leighton Holdings Limited announces that Dr Frank Stieler (52), currently Chairman of the Executive Board of HOCHTIEF AG, has been appointed a Non-Executive Director of the Company . Dr Stieler joined HOCHTIEF AG in 2009 as a Member of the Executive Board and took over responsibility fo
Unique System FZE, a leading provider of specialized engineering solutions to the subsea and offshore oil and gas industries, has signed a two year contract with NPCC for the hire of air bags to support their various projects in the UAE. National Petroleum Construction Company, (NPCC), is one of the
