Lamprell, a provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, has issued its latest Interim Management Statement in accordance with the EU Transparency Directive. This statement covers the period from 1 January 2013 to date. The company has said that the performance in the [...]
Offshore industry professionals from around the world gathered in Amsterdam on 23 – 24 October for Offshore Energy Exhibition & Conference 2012. The fifth edition of Offshore Energy attracted a record number of 7632 attendees, up 49% from last year. Offshore Energy 2012 continued on its path of steady growth. The exhibition sold out and [...]
October 25, 2012 | Posted in
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Noble Energy, Inc. reported second quarter 2012 net income of $292 million, or $1.58 per share diluted. Excluding the impact of unrealized commodity derivative gains and certain other items, second quarter 2012 adjusted net income was $145 million, or $0.77 per share diluted. Net income for the second quarter 2011 was $294 million, or $1.61 [...]
The Norwegian Petroleum Directorate, a governmental specialist directorate and administrative body, today released preliminary production figures for April 2012. The figures indicate an average daily production of about 2 030 000 barrels of oil, NGL and condensate. This is 11 000 barrels less than in March 2012. Total gas sales were about 9.4 billion Sm3, [...]
Providence Resources P.l.c., today provided a final testing update from its Barryroe well, offshore southern Ireland. The 48/24-10z Barryroe appraisal well is located in approximately 100 metre water depth, some 50 kilometres offshore Ireland in Standard Exploration Licence (SEL) 1/11 in the North Celtic Sea Basin. Providence (80%) operates SEL 1/11 on behalf of its [...]
March 23, 2012 | Posted in
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Cobalt International Energy, Inc. today provided additional data confirming the significance of its Cameia Pre-salt oil discovery in Block 21 offshore Angola. The Cameia-1 Well was drilled in 5,518 feet (1,682 meters) of water to a total depth of 16,030 feet (4,886 meters), at which point an extensive wire line evaluation program was conducted. The [...]
Deep Down, Inc. , an oilfield services company specializing in products and services for the deepwater and ultra-deepwater oil and gas industry, today reported $606 thousand of net income for the third quarter of 2011, an improvement of $5.0 million, or greater than 800 percent, over the same period in 2010. OPERATING RESULTS For the [...]
November 11, 2011 | Posted in
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In 2010 Amarcon’s OCTOPUS-DP Capability forecast for efficient offshore DP operations was brought to the market. The OCTOPUS-DP functionality gives offshore vessels the possibility to make optimum use of a safe time window for their weather-sensitive operations. The first installation of the OCTOPUS-DP Capability forecast software was performed on the LNG Carriers Suez Neptune and [...]
September 6, 2011 | Posted in
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Samsung Heavy Industries announced on the 6th that it has received an order for two units of drill ships worth a total of USD 1.1225 billion (KRW 1.194 trillion) from Maersk, Denmark. The company successfully received orders worth USD 3.1 billion for six units of LNG tankers and five units of shuttle tankers, as [...]
The consolidated turnover of the concern in 2010 exceeded the expected level by 4 percent. Net turnover of realization in 2010 was 304 MEUR that is 4 per cent more than had been expected. EBT totaled 23.7 MEUR thus exceeding the results of 2009 by 35 percent. In 2011 it is planned to increase [...]