Search results for: neptune

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  • 15 July 2011
    Business & Finance, Project & Tenders

      Neptune Marine Services Limited announces it has signed a Memorandum of Agreement for the sale of the vessel, ROV Supporter including the on board remotely operated vehicle (ROV). Under the terms of the agreement, Neptune will sell the Assets for US$2.4 million. The sale proceeds will augment working capital with Neptune now no longer […]

  • 7 June 2011
    Business & Finance

    Neptune is pleased to announce that Robin King has been appointed Chief Executive Officer. Mr King was Neptune’s Acting CEO from November 2010 and his permanent appointment represents a mandate to finalise implementation of the restructure plans previously presented to the market. Mr King has almost 30 years experience in the international oil and gas […]

  • 19 April 2011
    Business & Finance

    Neptune Marine Services Limited announced that its wholly owned Singapore subsidiary, Neptune Marine Pacific Pte Ltd (Neptune Pacific), has signed a Memorandum of Agreement with PT Wintermar, of the Indonesian listed PT Wintermar Offshore Marine group, for the sale of the Neptune Trident vessel. Under the terms of the agreement Neptune Pacific will sell the […]

  • 4 October 2011
    Business & Finance, Operations & Maintenance

        Neptune Marine Services Ltd notes that effective from yesterday, that due to an increased workload in his private commitments, Mr Geoff Newman has announced his retirement from the board of Neptune. Neptune’s Chairman Mr Ross Kennan stated, “We are all very grateful for Geoff’s contribution to Neptune and in particular working through the […]

  • 10 February 2015
    Equipment

    Neptune Marine Services, a provider of integrated inspection, repair and maintenance solutions, has announced an expansion of it’s ROV fleet, by adding two fully refurbished 150 HP TMRV systems. According to the Neptune, the acquisition is a part of the company’s strategic ‘One Neptune’ growth plan and brings the total number of work class ROVs within […]

  • 31 October 2012
    Business & Finance

    Further to its announcement on 30 October 2012, Neptune has now received a bidder’s statement from Blossomvale Investments Pte. Ltd. (Blossomvale), a wholly owned subsidiary of MTQ Corporation Limited (MTQ), containing its offer to acquire all the shares of Neptune it does not own, at a cash price of 3.2 cents per share. The independent […]

  • 10 December 2018
    Business & Finance

    Neptune Energy has taken over the operatorship of the Fenja field development located offshore Norway. 

  • 5 December 2012
    Business & Finance

    Neptune announces the signing of a framework agreement with BP in the UK to provide subsea engineering services and support. This contract is a significant milestone for Neptune in the UK, signifying the first agreement of this kind with a major subsea operator in the region. The agreement provides BP with access to a rapid […]

  • 13 February 2019

    Neptune Energy has been awarded an oil exploration license in the North West El Amal Offshore Concession in Egypt by the Egyptian General Petroleum Corporation.

  • 21 December 2018
    Business & Finance, Operations & Maintenance, Project & Tenders

    Neptune Survey has been awarded a five-year rig positioning contract by Chevron Australia. As part of the contract, Neptune will support the Chevron-operated Gorgon Stage Two drilling campaign offshore north-western Australia. Neptune will provide Global Navigational Satellite System precise point positioning, mooring chain catenary monitoring and accurate subsea positioning using long baseline acoustic arrays. Neptune […]

  • 24 July 2012
    Business & Finance

    Neptune Marine Services Limited announced that Mr Vincent Allegre will begin work with Neptune in August 2012 in the role of Chief Operating Officer. Mr Allegre will report to Chief Executive Officer Robin King, and is a key appointment in support of Neptune’s future growth plans. Mr Allegre has more than 20 years of experience […]

  • 7 November 2019
    Business & Finance

    Australian offshore support vessel company MMA Offshore has completed the acquisition of the business of Neptune Marine Services by acquiring its key operating subsidiaries.

  • 21 May 2020
    Exploration & Production

    Polarcus has completed acquisition of the 3D broadband seismic survey for Neptune Energy on the Petrel field, located in the Bonaparte basin of Australia. The 2,900 km2 survey expanded the area of seismic data Neptune holds and increased the quality and breadth of data. Initial findings from the survey have been received with the remaining […]

  • 1 October 2018
    Business & Finance

    With the acquisition, Neptune will get hold of three producing fields, two development projects, and 42 licenses

  • 24 May 2019
    Operations & Maintenance

    Neptune has recently completed several survey, maintenance and construction campaigns for Oil Search at its offshore facilities in Papua New Guinea. The campaigns were conducted under the ongoing service agreement with Oil Search. Two survey campaigns were completed by Neptune’s Survey Service Line to conduct 3D sonar surveys and geophysical surveys of the field and […]

  • 7 June 2011
    Business & Finance

      Neptune  announces that Robin King has been appointed Chief Executive Officer.  Mr King was Neptune’s Acting CEO from November 2010 and his permanent appointment represents a mandate to finalise implementation of the restructure plans previously presented to the market. Mr King has almost 30 years experience in the international oil and gas industry and […]

  • 19 April 2011
    Business & Finance

      Neptune Marine Services Limited  today announced that its wholly owned Singapore subsidiary, Neptune Marine Pacific Pte Ltd (Neptune Pacific), has signed a Memorandum of Agreement with PT Wintermar, of the Indonesian listed PT Wintermar Offshore Marine group, for the sale of the Neptune Trident vessel. Under the terms of the agreement Neptune Pacific will […]

  • 16 November 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

    Neptune Marine Services Ltd  announced that it has been contracted by Hess Exploration Australia Pty Limited for the provision of geotechnical and geophysical surveys for the Equus Gas Fields Development Project, located 180km north of Exmouth on the North West Shelf of Western Australia. Neptune has formed a strategic alliance with Greatship Subsea Solutions Australia […]

  • 10 December 2018
    Business & Finance

    Neptune Energy has completed the integration with the former VNG Norge business. The integrated business, ‘Neptune Energy Norge’, will become the operator of the Fenja field development project in the Norwegian Sea, the company informed. As of December 04, 2018 the merger between Neptune Energy Norge and VNG Norge was completed. The entire business of […]

  • 5 December 2012
    Business & Finance, Project & Tenders

    Neptune announces the signing of a framework agreement with BP in the UK to provide subsea engineering services and support. This contract is a significant milestone for Neptune in the UK, signifying the first agreement of this kind with a major subsea operator in the region. The agreement provides BP with access to a rapid […]

  • 17 May 2011
    Business & Finance, Operations & Maintenance, Research & Development

    Neptune Marine Services Limited confirms it has delivered on key elements of its operational restructure, including finalising $9.5 million in annual cost savings, progress in the non-core asset sale program, and confirming the board succession plan. Neptune reports that its underlying operations remain stable, posting a break-even result before interest and tax for the March […]

  • 29 May 2015
    Business & Finance, Equipment, Operations & Maintenance

    Seatronics has signed a rental agreement with Neptune Oceanographics for Neptune’s leak detection systems. Neptune, active in subsea leak detection since 1999, provides systems that will, according to Seatronics, complement its current offerings and reinforce its position at the forefront of the marine technology rental industry. Phil Middleton, group managing director, Seatronics, said: “With the addition of the […]