Search results for: activities

37172 results

A list of search results

  • 7 January 2019
    Operations & Maintenance

    Electromagnetic Geoservices (EMGS) has seen an increase in the vessel utilization for the fourth quarter 2018 to 32% compared with 13% for the fourth quarter in 2017. For the full year 2018, the vessel utilization dropped to 33%, whereas the utilization for the full year 2017 was 56%. In the fourth quarter of 2018, EMGS’ vessels […]

  • 2 October 2018

    Norwegian seismic player, Petroleum Geo-Services (PGS), has released vessel activity report for the third quarter of 2018. In the Q3, the vessel utilization on the contracted basis has seen a drop to 19 percent compared to 28 percent in the corresponding period in 2017. On the multi-client seismic basis, the vessel activity increased to 68 percent, […]

  • 3 January 2019

    Polarcus, a Dubai-based seismic contractor, has seen an increase in its vessel utilization during the fourth quarter of 2018. The vessel activity also increased on a full year basis from 77 percent in 2017 to 87 percent in 2018. Quarterly vessel utilization was at 96 percent compared to 68 percent in the fourth quarter of […]

  • 3 April 2017
    Business & Finance

    Norwegian seismic player, Petroleum Geo-Services (PGS), has seen a slight drop in vessel activity in the first quarter of 2017. In the Q1, the vessel utilization on the contracted basis was 53 percent compared to 68 percent in the corresponding period in 2016. On the multi-client seismic basis, the company has seen a drop in vessel utilization […]

  • 26 June 2017

    The newbuild activity for the first half of 2017 has surpassed the same period last year by 20%. A total of 5.9 million DWT was contracted in May 2017 and 3.1 million DWT so far in June 2017, which brings the total amount of newbuild orders up to 19.6 million DWT for 2017, BIMCO’s figures […]

  • 4 October 2019

    Electromagnetic Geoservices (EMGS) has recorded vessel utilization of 73% for the third quarter 2019 compared with 29% for the third quarter in 2018. In the third quarter of 2019, the company’s vessels were allocated 73% to proprietary work and no time was spent on multi-client projects. In the comparable quarter of 2018, the vessels were […]

  • 2 April 2020
    Business & Finance

    Polarcus, a Dubai-based seismic contractor, has recorded a decrease in its vessel utilization in the first quarter of 2020. The vessel activity decreased from 92 percent in Q1 2019 to 89 percent in Q1 2020. According to Polarcus’ update, on a contracted basis the vessel utilization dropped to 80 percent in Q1 2020 compared to […]

  • 6 January 2020

    Polarcus, a Dubai-based seismic contractor, has recorded a decrease in its vessel utilization during the fourth quarter of 2019. The vessel activity also decreased on a full year basis from 87 percent in 2018 to 79 percent in 2019. Quarterly vessel utilization was at 71 percent compared to 96 percent in the fourth quarter of […]

  • 4 July 2019
    Operations & Maintenance

    Electromagnetic Geoservices (EMGS) has seen vessel utilization for the second quarter 2019 at 73% compared with 31% for the second quarter in 2018. In the second quarter of 2019, the company’s vessels were allocated 45% to proprietary work and 28% to multi-client projects. In the comparable quarter of 2018, the vessels were allocated 31% to […]

  • 3 April 2019

    Polarcus, a Dubai-based seismic contractor, has seen an increase in its vessel utilization during the first quarter of 2019. Quarterly vessel utilization was at 92 percent compared to 83 percent in the first quarter of 2018. According to Polarcus’ update, on a contracted basis the vessel utilization increased to 92 percent in Q1 2019 compared […]

  • 3 October 2017
    Business & Finance

    Norwegian seismic player Petroleum Geo-Services (PGS) has released an operating update for the third quarter of 2017. In the Q3 the vessel utilization on the contracted basis was 28 percent compared to 33 percent in the corresponding period in 2016. On the multi-client seismic basis, the company has seen a slight increase in vessel utilization from 45 […]

  • 15 November 2018
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Downhole sensing technology specialist, Well-SENSE, has launched its latest FiberLine Intervention (FLI) development, ‘Active FLI’. Active FLI builds on the capability of Well-SENSE’s new fiber optic downhole data acquisition system with the addition of a range of discrete measurement devices, the company explains. These include single point temperature and pressure sensors, with the addition of […]

  • 3 October 2018
    Business & Finance

    Polarcus, a Dubai-based seismic contractor, has seen a decrease in its vessel utilization during the third quarter of 2018. Quarterly vessel utilization dropped to 86 percent from 92 percent in the third quarter of 2017. A 6 percent vessel activity drop was recorded on the contracted basis, while the multi-client basis has stayed at 0 […]

  • 5 July 2017

    Polarcus, a Dubai-based seismic contractor, has recorded a drop in its vessel utilization during the second quarter of 2017. Quarterly vessel utilization declined to 75 percent from 91 percent in the second quarter of 2016. “The low utilization of 75 percent in Q2 2017 was guided during the quarter and was driven by yard stays […]

  • 1 June 2018
    Business & Finance

    Mitsubishi Shipbuilding, MHPS launched an advanced SOx abatement system suitable for giant boxships.

  • 4 January 2018

    Polarcus, a Dubai-based seismic contractor, has recorded a decrease in its vessel utilization during the fourth quarter of 2017. Quarterly vessel utilization declined to 68 percent from 72 percent in the fourth quarter of 2016. On the contracted basis the vessel activity has increased 3 percent, from 55 percent in Q4 2016 to 58 percent […]

  • 27 March 2017
    Equipment

    Hydratight has unveiled its External Casing Cutter (ECC) and Internal-External Casing Cutter (IECC) tools to allow customers to work above and below wellheads. The tools will be used in well completion activities by drilling contractors, decommissioning specialists, valve OEMs and service providers. The ECC and the IECC are backed up by the company’s technical support. Lotus […]

  • 2 October 2019

    Polarcus, a Dubai-based seismic contractor, has recorded a slight decrease in its vessel utilization during the third quarter of 2019. Quarterly vessel utilization was at 83 percent compared to 86 percent in the third quarter of 2018. According to Polarcus’ update, on a contracted basis the vessel utilization has seen a slight drop to 83 […]

  • 5 April 2017

    Electromagnetic Geoservices ASA (EMGS) has recorded an increase in the vessel activity in the first quarter of 2017, compared to the corresponding period in 2016. Vessel utilization for the first quarter 2017 was 92% compared with 55% for the first quarter in 2016. In the first quarter of 2017, EMGS’ vessels were allocated 92% to […]

  • 14 December 2017

    Shipowners appear to be unfazed by the likelihood of low profits continuing into the next year.

  • 3 July 2019
    Operations & Maintenance

    Polarcus, a Dubai-based seismic contractor, has recorded a decrease in its vessel utilization during the second quarter of 2019. Quarterly vessel utilization was at 72 percent compared to 85 percent in the second quarter of 2018. According to Polarcus’ update, on a contracted basis the vessel utilization decreased to 72 percent in Q2 2019 compared […]

  • 18 December 2018
    Operations & Maintenance, Project & Tenders

    Angola’s Sonangol and BP have signed an agreement to progress to final investment decision the development of the Platina field in deepwater Block 18, offshore Angola. The companies also agreed to extend the production licence for the BP-operated Greater Plutonio project on Block 18 to 2032, subject to government approval, and for Sonangol to take […]