![Singapore: Otto Marine Receives Cancellation of Order for Construction of AHTS Vessel]()
The Board of Directors of Otto Marine Limited (the “Company”) refers to (a) its earlier announcement dated 23 December 2010 in relation to the filing of a notice of arbitration by its wholly-owned subsidiary, Otto Offshore Limited (“Otto Offshore”) on certain Mosvold related entities, and (b) the subsequent announcements dated 27 December 2010 and [...]
May 31, 2011 | Posted in
Also in the News,
Company News,
Contracts & Tenders,
Featured,
News,
NEWS BY TOPIC,
News Categories,
REGIONAL NEWS,
South & Central Asia,
Vessels |
Read More » Ensco plc announced the completion of its acquisition of Pride International, Inc. after both companies received overwhelming shareholder approvals at special meetings held earlier today. The combination establishes Ensco as the world’s second largest offshore drilling company and the clear leader in customer satisfaction. Under the terms of the agreement, with exceptions for certain [...]
May 31, 2011 | Posted in
Africa,
Americas,
Asia pacific,
Company News,
Europe & Eurasia,
Featured,
Headlines,
Middle East,
News,
NEWS BY TOPIC,
News Categories,
REGIONAL NEWS,
South & Central Asia |
Read More » ![UK: Foster Wheeler Receives RoSPA’s Order of Distinction Award]()
Foster Wheeler AG announced today that the UK subsidiary of its Global Engineering and Construction Group has been awarded, for the fourth year running, the prestigious Order of Distinction Award for Occupational Health and Safety by the UK’s Royal Society for the Prevention of Accidents (RoSPA), and also its eighteenth consecutive RoSPA Gold Award [...]
![Noble Energy Encounters Oil Pay at Santiago Prospect, U.S. Gulf of Mexico]()
Noble Energy, Inc. announced today a discovery at the Santiago exploration prospect in the deepwater Gulf of Mexico. The well, located in 6,500 feet of water on Mississippi Canyon Block 519, was drilled to a total depth of approximately 18,920 feet. Open-hole logging identified approximately 60 feet of oil pay in a high-quality Miocene [...]
![McDermott Lands USD 50 Million Subsea Pipeline EPCI Contract from Pemex, Mexico]()
McDermott International, Inc. , announced today that one of its subsidiaries was awarded a contract by PEMEX Exploración y Producción for procurement, construction and installation of three oil and gas pipelines ranging from 8 to 20 inches in diameter, in Mexico’s Bay of Campeche. The contract is valued at more than US$50 million and [...]
May 31, 2011 | Posted in
Americas,
Company News,
Contracts & Tenders,
Equipment & Technology,
Featured,
News,
NEWS BY TOPIC,
News Categories,
REGIONAL NEWS,
Top Stories |
Read More » ![India: Finance Director of Hardy Oil and Gas plc Calls it Quits]()
Hardy Oil and Gas plc , announces that its Finance Director, Dinesh Dattani FCA will be leaving the Company on 31 August 2011 to return to his permanent residence in Calgary, Canada. Mr. Dattani joined Hardy as Finance Director in July 2007. He led the process to transfer Hardy’s listing from AIM to the [...]
Tullow Oil plc (Tullow) today announces its plans for a secondary listing of its shares on the Ghana Stock Exchange (GSE) and an offering of 4,000,000 Tullow shares in Ghana. The offer of Tullow shares on the GSE will give everyone in Ghana the opportunity to apply for shares in Tullow and to share [...]
![Cyprus: Seabird Exploration Developing Plans for Second OBN Vessel]()
SeaBird Exploration PLC (“SeaBird” or “SBX”) has over the last few months worked with a Norwegian shipyard to develop and plan the construction of a second vessel in addition to the Hugin Explorer for deploying, retrieving and servicing Ocean Bottom Nodes (OBN). Through a mutual understanding between the yard and SeaBird, a condition for [...]
![Statoil, Sintef Sign Most Comprehensive Individual Research Agreement in Norway]()
Statoil and Sintef have signed a new framework agreement – one which likely to be the most comprehensive individual research agreement ever signed in Norway. With a potential value of NOK 1 billion, the agreement is valid for four years with an option for an additional two plus two years. “Sintef has both wide [...]
![Falkland Islands: Desire Petroleum Pleased with Preliminary Seismic Survey Results]()
Desire Petroleum plc the company wholly focussed on the North Falkland Basin provides the following update on its exploration activities. The Company’s 3D seismic acquisition programme is now complete and the full-fold area of coverage is approximately 1416 square kilometres in Tranches C, D, F and adjacent open areas. Combined with Desire’s existing 3D [...]
May 31, 2011 | Posted in
Also in the News,
Americas,
Company News,
Contracts & Tenders,
Featured,
News,
NEWS BY TOPIC,
News Categories,
REGIONAL NEWS,
Research & Development,
Vessels |
Read More » 
