Ocean Rig UDW Inc., an international contractor of offshore deepwater drilling services, announced its unaudited financial and operating results for the first quarter ended March 31, 2013. The Company reported a net income of $6.4 million, or $O.05 basic and diluted earnings per share. Also, the Company reported Adjusted EBITDA of $104.7 million for the [...]
Statoil Petroleum AS (Statoil) has received consent to carry out exploration drilling of well 16/2-18 S at the Johan Sverdrup field with the Ocean Vanguard rig. Water depth at the site is 112 metres. The drilling is scheduled to begin at the end of May 2013 and has a duration of approximately 63 days, depending [...]
May 23, 2013 | Posted in
Also in the News,
Company News,
Europe & Eurasia,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
Project Updates,
REGIONAL NEWS,
Research & Development |
Read More »
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 it has received a purchase order worth circa £1 million from GDF Suez E&P UK Ltd , a leading oil and gas company, to supply its POS-GRIP High Pressure High Temperature [...]
May 23, 2013 | Posted in
Also in the News,
Company News,
Contracts & Tenders,
Equipment & Technology,
Europe & Eurasia,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS |
Read More »
Electromagnetic Geoservices ASA (EMGS) and TGS have signed a cooperation agreement to develop joint multi-client projects in defined areas of north-western Europe. With this agreement, EMGS will be given access to TGS’s 2D seismic data as the basis for planning new 3D controlled-source electromagnetic (CSEM) projects, while TGS obtains access to 2D/3D CSEM data to [...]
May 23, 2013 | Posted in
Also in the News,
Company News,
Contracts & Tenders,
Europe & Eurasia,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS,
Research & Development |
Read More »
Sterling Resources Ltd. an international oil and gas company with exploration and development assets in the United Kingdom, Romania, France and the Netherlands, announces interim operating and financial results for the quarter ended March 31, 2013. Unless otherwise noted all figures contained in this report are denominated in Canadian dollars. For the three months ended [...]
Farstad Shipping ASA has, through its wholly owned subsidiary P/R International Offshore Services ANS, sold the PSV Lady Kari-Ann (1982, ME 202, 2,972 DWT). Delivery of the vessel to the new owner took place Tuesday 21 May 2013. Sale of the vessel will give a booked profit of approx. NOK 3.5 mill. in the 2nd [...]
May 22, 2013 | Posted in
Also in the News,
Company News,
Europe & Eurasia,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS,
Vessels |
Read More »
Wood Group announces the acquisition of Intetech Limited (“Intetech”), a niche provider of software and engineering consultancy services for well integrity and corrosion management to the global oil & gas market. Formed in 1991, Intetech employs around 30 people, had revenue for the year to December 2012 of $4.2m and operates internationally from offices near [...]
Electromagnetic Geoservices ASA (EMGS) has entered into an agreement with North Sea Shipping to extend the charter hire period for the vessel Atlantic Guardian from 1 September 2013 to 1 March 2014. Furthermore, EMGS has agreed to charter the vessel for an additional period of at least two years, with three optional one-year extensions. Under [...]
May 22, 2013 | Posted in
Company News,
Contracts & Tenders,
Europe & Eurasia,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS,
Top Stories,
Vessels |
Read More »
Employees from Archer, the global oilfield service provider, received a total of five awards at the International Association of Drilling Contractors (IADC) North Sea Chapter Safety Awards. The event took place at the Ardoe House Hotel, Aberdeen, on Friday 10th of May 2013. Archer won the coveted award for overall safety performance in 2012 in [...]
May 21, 2013 | Posted in
Also in the News,
Company News,
Conferences & Exibitions,
Europe & Eurasia,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS |
Read More »
Stork Technical Services won the ‘Associate Member’ prize at this year’s IADC North Sea Chapter (NSC) Annual Safety Awards. The award recognises an Associate members’ safety achievements over the past year which can include launching schemes to improve safety performance, technical or operational innovations which reduce risk or any notable safety achievements. The presentation, in [...]
May 21, 2013 | Posted in
Also in the News,
Company News,
Conferences & Exibitions,
Europe & Eurasia,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS,
Research & Development |
Read More »
