Oil spills in Brazil are more common than one thinks. In 2010, the state recorded 57 spills, compared to 56 incidents in 2009. The volume of spilled oil and oil products grew by 163%, jumping from 1.597 barrels in 2009 to 4.201 barrels scattered in the wild last year, almost double the 2,400 barrels that [...]
The U.S. risks a repeat of the 2010 Macondo oil spill as its “wildcat culture” fails to put a premium on safety and security, the … Reported by: Ayesha Daya (Bloomberg) Source: Bloomberg, October 11, 2011;
Cargotec has won the Best Supplier award 2010 from Mitsubishi Heavy Industries Shimonoseki shipyard in Japan. It was given to Cargotec’s Offshore business and local Japanese team and, in part, is recognition of the company’s drive to understand future customer needs through the provision of an extensive geographic presence and strong collaboration with customers. “This [...]
Petrobras released its 2010 Sustainability Report yesterday, July 11. The Report presents information about the Company’s performance, reflecting how the three pillars of its corporate strategy, integrated growth, profitability, and social responsibility, are integrated. It also details the progress Petrobras has made in meeting the ten principles set forth under the United Nations Global Compact, [...]
Ulstein Group did well in 2010 with NOK 2.4 billion (USD 438 million)in operating income and an operating profit of NOK 354 million (USD 64.6 million). ”We have a solid organisation of competent employees with a strong focus on delivery precision. Through good project management, we have achieved the goals set within our main [...]
Coastal Energy Company, an independent exploration and production company with assets in Thailand, announces the financial results for the year ended December 31, 2010. The functional and reporting currency of the Company is the United States dollar. Fourth Quarter 2010 Total Company production averaged 7,578 boepd in the fourth quarter; offshore production was impacted by [...]
RWE Dea AG, Hamburg, is on a positive course: in fiscal 2010, the company boosted its earnings by 50 per cent. The operating result amounted to 305 million euros in the year 2010 (2009: 203 million euros). “This surge in earnings is attributable to a significant recovery of the market environment,” explained Thomas Rappuhn, [...]
IHC Merwede develops and builds innovative vessels, advanced equipment and life-cycle support services for the dredging, mining and offshore industries. These markets have remained relatively stable in recent years and are now showing signs of growth. As a result, IHC Merwede has been able to maintain its revenue and increase its profitability. The company [...]
Sonde Resources Corp. announced today the release of its financial and operating results for the year ended December 31, 2010. Financial and Operating Highlights In Western Canada, Sonde focused capital activity on its extensive behind-pipe inventory, deploying $4.3 million to complete 12 re-entries (75% economic success rate) and 19 separate work-overs (100% economic success [...]
Statoil published the group’s Annual and Sustainability Report for 2010 on its website today, 25 March, as well as its US Annual Report and accounts on Form 20-F. “2010 was a year of important strategic progress and active portfolio management for Statoil. We carried out a successful listing of Statoil Fuel and Retail, further clarifying [...]
