Newport News Shipbuilding Christens Tugboat Named

Newport News Shipbuilding, a division of Huntington Ingalls Industries, Inc. (NYSE:HII), today christened Capt. Ambrose, a tugboat named in honor of Capt. Marvin L. Ambrose, a former tugboat master and docking pilot who retired from the shipyard in 1973...

Posted on 4/28/2011 / 0 comments / Read More

Polarcus receives Letter of Intent for 3D seismic acquisition

Polarcus Limited (OAX: PLCS) is pleased to announce that the Company has received a Letter of Intent for a 3D offshore seismic acquisition project for an undisclosed client. The project, subject to the execution of a service contract, will commence in Q2 2011...

Posted on 4/28/2011 / 0 comments / Read More

Carnival Cruise Lines Takes Delivery of New 130,000-Ton Carnival Magic

Carnival Cruise Lines, a brand of global cruise operator Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), today accepted delivery of the corporation’s 100th ship, the Carnival Magic, in ceremonies at the Fincantieri shipyard in Monfalcone,...

Posted on 4/28/2011 / 0 comments / Read More

Jumbo Offshore to install protection structures in Shetland island fields

In June, 2011, Jumbo Offshore’s DP2 heavy lift vessel Fairplayer is set to install four subsea protection structures for production flowlines at water depths of 600 m in the Laggan and Tormore fields, 125 km off the north-west of the Shetland islands. These fields,...

Posted on 4/27/2011 / 0 comments / Read More

CMA CGM borrows another $945 million

CMA CGM has borrowed a further US$945 million through the sale of bonds, and it will be restructured for a second time in the space of a year. The French carrier initially hoped to raise around $800 million, but because demand for the bond issue was high, the...

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Norway: Seismic acquisition around Jan Mayen this summer

The Norwegian Petroleum Directorate (NPD) will carry out acquisition of 2D seismic data in the waters around Jan Mayen this summer. The acquisition activity will start around 10 June and will last up to three months.Last fall, the Norwegian government resolved...

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SeaHold GeoShips Agreement with Hallin Marine & NCS Survey

Aberdeen-based SeaHold GeoShips Limited (GeoShips) has chartered its first new multi-purpose offshore vessel in partnership with Hallin Marine UK Ltd and NCS Survey.  The contract is worth in the region of £15-£20 million and will result in the creation of...

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Premier: Exploration and appraisal update

Premier is pleased to announce that it has successfully completed operations on the appraisal sidetrack CRD-2X-ST on block 07/03, offshore Vietnam. This sidetrack reached its planned total depth of 3,340 metres (m) in the Miocene section and intersected 18.3m...

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Statoil's Oseberg East to restart on Wed after leak

Statoil's (STL.OL: Quote) Oseberg East oil platform in the Norwegian North Sea, shut on Tuesday after a gas leak, was expected to return to production on Wednesday afternoon, the company said. Statoil spokesman Oerjan Heradstveit said the leak occurred at 0816...

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Vote on $7 bln Ensco/Pride deal set for end of May

Ensco plc (NYSE: ESV) and Pride International, Inc. (NYSE: PDE) jointly announced today that they each will hold special shareholder meetings on 31 May 2011 to vote on the merger of their companies, creating the world’s second largest...

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ATWOOD Announces Six-Month Contract Extension for the Vicksburg

ATWOOD OCEANICS, INC., a Houston-based international offshore drilling contractor (NYSE: ATW), announced today that one of its subsidiaries has been awarded a six-month contract extension with a six-month option, both priced at the current dayrate of $90,000,...

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Statoil: New light well intervention vessel

Light well intervention (LWI) vessel Island Constructor. (Photo: Island Offshore) Statoil has awarded Island Offshore a framework agreement for a new light well intervention (LWI) vessel on the Norwegian continental shelf (NCS).The third of its type in...

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Nexen approves North Sea development plan

Nexen Inc. (NXY-T23.970.421.78%) approved plans to develop a $1.2-billion (U.S.) oil field in the North Sea, as the company seeks to invigorate its fortunes while distancing itself from a struggling oil sands project it once tagged as a major source of growth. The...

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CNOOC Limited Announces First Quarter Results

CNOOC Limited (the “Company", NYSE: CEO, SEHK: 00883) is pleased to announce its results for the first quarter of 2011.During the period, the Company achieved a total net production of 85.2 million barrels of oil equivalent (BOE), representing an increase of 26.6%...

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GE Completes Acquisition of John Wood Group PLC’s Well Support Division

GE (NYSE: GE) is pleased to announce it has completed the strategic acquisition of John Wood Group PLC’s Well Support Division, expanding GE Oil & Gas’ extensive drilling and surface manufacturing and services portfolio.  The John Wood Group PLC Well...

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