Tidewater Inc. has announced first quarter net earnings for the period ended June 30, 2011, of $24.6 million, or $0.48 per share, on revenues of $254.6 million. For the same quarter last year, net earnings were $39.8 million, or $0.77 per share…
Keppel Shipyard Ltd has secured two contracts worth a total of S$146 million (over $120 million) to convert a Floating Production Storage and Offloading (FPSO) unit as well as to fabricate and integrate an external turret mooring system for an existing FPSO unit…
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) released a Final Supplemental Environmental Impact Statement (SEIS) for proposed oil and gas Lease Sale 218 in the Western Planning Area in the Gulf of Mexico. The SEIS…
IMA has completed a study of the floating production market, and the report documents strong growth in the business sector. According to the market survey, 14 floating production units have been ordered over the past four months – a record pace reflecting strong underlying market drivers…
OSX Brasil S.A., announced a new Plan of Activities, to be implemented by its subsidiary OSX Construção Naval S/A, for production of offshore oil and gas E&P equipment at its Açu Shipbuilding Unit ('UCN Açu') up to 2015.OSX Brasil aims to construct the largest shipyard in the Americas…
More than a year after the largest oil spill in history, perhaps the dominant lingering question about the Deepwater Horizon spill is, “What happened to the oil?” Now, in the first published study to explain the role of microbes in breaking down the oil slick on the surface of the Gulf of Mexico…
Rowan Companies, Inc. (NYSE: RDC) announced that Thomas P. Burke has been appointed to serve as the Company's Chief Operating Officer, and Melanie M. Trent has been appointed to serve as Senior Vice President, Chief Administrative Officer and Corporate Secretary…
Statoil's second quarter 2011 net operating income was NOK 61 billion, a 129% increase compared to NOK 26.6 billion (nearly $11.3 billion) in the second quarter of 2010. The quarterly result was mainly affected by a 32% increase in the average prices for liquids measured in NOK…
The European Wind Energy Association (EWEA) has published offshore wind energy statistics for the first half year of 2011, showing a comfortable 4.5% increase in installations of offshore capacity compared to the first half of 2010.101 new offshore wind turbines…
MarineCFO Inc., a provider of Marine Software including On-Vessel, Marine Operations, Personnel, Fleet Maintenance and Financial Management Software Solutions to the Marine Transportation Industry, announced that International Offshore Services…
Danos & Curole has been awarded a multi-million dollar contract from Chevron Liberia to provide drilling support services in Liberia, West Africa. The company’s consultant service business will carry out preparation work for exploratory drilling…
Houston, TX (21 July 2011) – AMEC, the international engineering and project management company, has named Andy Sallis to the position of President, AMEC Oil & Gas Americas, responsible for Houston-based project operations, including supervision…
IHC Merwede and BAE Systems will enter into a cooperation agreement to meet the demands of the offshore construction vessel market in the USA. This cooperation enables IHC Merwede to enter new markets, which is in line with the company’s internationalization strategy…
The inaugural 2011 OTC Brasil technical conference will present addresses from industry leaders and experts on issues facing the Brazilian and global offshore oil and gas industry. Organized by the Offshore Technology Conference (OTC), OTC Brasil…
OSX, an EBX Group company focused on offshore naval industry, signed a partnership with SENAI (National Service for Industrial Apprenticeship) from Rio de Janeiro to train 3,100 people for its Shipbuilding Unit (UCN Açu), to be built in the Açu Superport Industrial Complex…
