Serimax, a full service welding specialist based in France, has appointed Frederic Castrec as managing director to replace David Williams. Mr Castrec joined Serimax in 1996 as a welding engineer and held a number of senior positions, including Chief Operating Officer, prior to taking over the managing director role. Serimax provides welding expertise and [...]
Technip announced that it has completed the acquisition of Global Industries, Ltd . The shareholders of Global Industries approved the merger at a special shareholders meeting held on November 30, 2011 and will receive US$8.00 per share in cash. Global Industries has become an indirect, wholly-owned subsidiary of Technip. The completion of the merger will [...]
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BOURBON today announces that in the third quarter of 2011, the company’s revenues totaled 252.2 million euros, up 14% (+20% at constant exchange rate) over the same period in 2010, buoyed by the steady improvement in daily rates and the good performance of shallow water offshore vessels. Compared with the second quarter of 2011, BOURBON [...]
November 10, 2011 | Posted in
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French oil major Total posted higher quarterly earnings on Friday as stronger crude prices and improved profitability in its refining busine… Reporting By Marie Maitre (Reuters) Source: Reuters, October 28, 2011
French oil services group Technip shrugged off global economic uncertainty on Thursday as it unveiled forecast-beating quarterly results and… By Marie Maitre (Reuters) Source:Reuters , October 27, 2011
DORIS Engenharia Ltda., the Brazilian subsidiary of France’s DORIS Engineering and a specialist in the offshore oil and gas industry, has chosen Intergraph® SmartMarine® Enterprise solutions to design the topsides of eight floating, production, storage and offloading (FPSO) units for global energy leader Petrobras. The eight FPSOs will be used for pre-salt layer exploration. The [...]
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Petrobras CEO, José Sergio Gabrielli de Azevedo, said that Brazil will be one of the main contributors to the increase of oil supply in the global market and stressed that demand continues to increase in developing nations. This Tuesday (Oct 18) Mr. Gabrielli took part in a ministerial meeting organized by the International Energy Agency [...]
October 19, 2011 | Posted in
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CGGVeritas provides its vessel utilization and its fleet allocation updates for the third quarter of 2011. Vessel utilization for the third quarter 2011: -The vessel availability rate was 91% including initial shipyard of the Champion for upgrades as part of our performance program. This compares to a 92% availability rate in the second quarter [...]
October 10, 2011 | Posted in
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French oil company Total has raised its medium-term oil and gas production growth target, as acquisitions, project start-ups and new… By Marie Maitre (Reuters) Source:Reuters ,September 26, 2011
Sercel has launched the SeaRay® 428, the latest generation of its SeaRay system, designed to deliver competitive, redeployable 4-C seabed seismic acquisition. With nine systems in operation worldwide, the current SeaRay system has already become the industry’s system of choice, delivering unrivalled operational benefits and high-quality broadband seismic data. The SeaRay 428 offers enhanced productivity [...]
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