Services/Suppliers

May 24, 2010

Seahawk Drilling Inc.,

Houston, has named James R. Easter senior vice-president and CFO, replacing the retiring Steve Manz. Easter served as vice-president, corporate development and strategic planning at McDermott International Inc. from 2006 to 2008, and prior to that was vice-president, finance, and treasurer at McDermott. He has over 25 years of corporate-level management experience. He began his career in energy banking at Bank of America, then Barclays Bank, and finally the Bank of Montreal. He also worked at Enron and Reliant Energy before joining McDermott in 2002. Easter has a BA from the University of Texas and an MBA from Thunderbird, the American Graduate School of International Management. Seahawk also appointed Robert E. Moore vice-president, corporate development and planning. Moore had a 25-year career at Halliburton, with many financial and business management, corporate development, and strategic management roles. More recently, he was vice-president, project development, for International Oil Trading Co. in Houston. He has a BBA and MBA from Baylor University.

Seahawk owns a fleet of 20 jack ups located in the US.

GE Oil & Gas,

Florence, Italy, has signed a memorandum of understanding with the Vietnam National Oil & Gas Group (Petrovietnam), the state company responsible for all oil and gas resources in the country and the third largest oil producer in Southeast Asia. The MOU outlines the principles and basis of long-term collaboration between GE Oil & Gas and Petrovietnam regarding the supply of advanced oil and gas equipment, services, and spare parts to optimize the total life cycle value of key oil and gas projects. GE Oil & Gas has a strong local presence in Hanoi and in Ho Chi Minh City for turbomachinery and drilling and production equipment and services support, respectively.

GE Oil & Gas is a leader in advanced technology equipment and services for all segments of the oil and gas industry, from drilling and production, LNG, pipelines, and storage to industrial power generation, refining, and petrochemicals.

Bourbon,

Paris, has announced that its Bourbon Offshore Maritima subsidiary in Brazil signed contracts with Petrobras for 13 new vessels. The contracts cover an 80-tonne traction anchor handling tug supply vessel for 3 years from May 2010; seven platform supply vessels for 4 years from June-October 2010; and five passenger transport crew boats for 8 years. These vessels will join other vessels of the same type that have already been working for Petrobras in Brazil for 2 years.

Bourbon offers a broad range of offshore oil and gas marine services.

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