Ithaca Energy Inc. announces its quarterly results for the three months ended March 31, 2013. In light of the Valiant transaction closing on April 19, 2013, also included is the unaudited financial highlights for the same period, showing the contribution from Valiant Petroleum plc (“Valiant”) for the period, together with an update on integration activities. [...]
Mechanical engineering group EnerMech announced at OTC in Houston that it has invested more than £13 million ($20.2m) as it steps up its drive to cement its presence in the US and Mexico. A recent move to a new 50,000 sq ft workshop, office and storage facility near to Houston’s Energy Corridor has been followed [...]
May 7, 2013 | Posted in
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ACE Winches, the deck machinery specialists, announced post tax profits of £6.2m for 2012, a 15 percent increase on the previous year. Turnover at the Aberdeenshire-based group soared to £31.1m in the year ended 31 October 2012, a 42 percent increase on the previous twelve months, with around three-quarters (74 percent) of the company’s business [...]
On Tuesday, April 9, the U.S. Department of Energy (DOE) Water Power Program notified potential future applicants of an upcoming Funding Opportunity Announcement tentatively titled, “Marine and Hydrokinetic (MHK) System Performance Advancement (SPA).” The DOE is working to advance the technology performance of marine and hydrokinetic energy devices by supporting R&D projects that reduce weight, [...]
April 18, 2013 | Posted in
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CEDA announces that it has added online seminars to its palette of platforms to exchange knowledge and best practice experience. The first CEDA Webinar will take place on the 23rd of April and it will focus on underwater sound in relation to dredging. The impacts of underwater sound on aquatic life have become a very [...]
April 4, 2013 | Posted in
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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 its interim results for the six months to 31 December 2012. The Company reported a 21% increase in sales revenue to £11.3m (2011: £9.3m); a 12% increase in EBITDA to £3.4m [...]
Further to the announcement of 19 March 2013, Fastnet, the listed E&P company focused on near term exploration acreage in the Celtic Sea and Morocco, announces that it opened the data room for its Celtic Sea assets on 22 March 2013 and that a range of super majors, mid-caps and small-caps are conducting initial due [...]
Karoon Gas Australia Limited, a company which focuses on identifying, exploring and developing acreage that is highly prospective for oil and gas, has announces its half year financial results. The Company highlights the following operations: – Successful drilling and testing of the first well in the phase two Browse Basin drilling campaign. The Boreas-1 exploration [...]
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, provides an operational update. The Company currently has two exploration wells Rodriguez South (Faroe 30%), Norwegian Sea and North Uist (Faroe 6.25%), West of Shetland. Planned near term exploration wells [...]
February 26, 2013 | Posted in
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The Harper Government announced, on February 22, a series of preliminary contracts valued at a total of $15.7 million for the joint support ships, the CCGS John G. Diefenbaker polar icebreaker and the offshore fisheries science vessels. “The Harper Government created the National Shipbuilding Procurement Strategy to support Canadian jobs and industries, while bolstering the [...]
