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  • 29 April 2016

    Ocean Floor Geophysics (OFG) have appointed Salcon Petroleum Services (SPS) as their agent in Malaysia. The agreement was signed between OFG CEO Matthew Kowalczyk and the CEO of SPS Thomas Sjoberg, in Kuala Lumpur, Malaysia. Under the agreement, SPS will provide marketing support in Malaysia for all services provided by OFG. Matthew Kowalczyk said: “We are excited to be working […]

  • 11 July 2018
    Equipment, Project & Tenders

    Ocean Floor Geophysics (OFG) has secured a contract for delivery and installation of two self-compensating magnetometer (SCM) systems for the Department of National Defence’s (DND) science and technology organization, Defence Research and Development Canada (DRDC). The contract was awarded under the Built in Canada Innovation Program (BCIP), OFG informed. The systems, which are supplied with […]

  • 10 October 2016
    Equipment

    Ocean Floor Geophysics (OFG) has invested in a 3000 meter-rated Hugin autonomous underwater vehicle (AUV). The AUV Chercheur is equipped with a sensor and software suite for inspection of pipelines and infrastructure, pipeline route studies, site geohazard surveys, environmental monitoring surveys, and other seafloor-based applications such as UXO, archeology, salvage, and minerals exploration, OFG explained. […]

  • 1 May 2018
    Equipment

    Teledyne Gavia, manufacturer of the Gavia autonomous underwater vehicle (AUV), has completed trials of the AUV self-compensating magnetometer from Ocean Floor Geophysics (OFG). Following¸the integration and field trials in Iceland of the OFG self-compensating magnetometer (SCM) on the Teledyne Gavia AUV the sensor system is now being offered as part of the suite of tools […]

  • 13 March 2019
    Operations & Maintenance

    DOF Subsea Norway (DOF), together with Ocean Floor Geophysics (OFG), has completed geophysical mapping of a 5 km2 area in Bjørnafjord, Norway, for Statens Vegvesen (SVV). The project was executed using the Hugin AUV ‘Chercheur’, owned and operated by OFG, in combination with the small survey catamaran ‘GeoCat’ owned by DOF. The aim of the […]

  • 1 September 2015
    Business & Finance, Equipment, Operations & Maintenance

    Ocean Floor Geophysics (OFG), in cooperation with Fukada Salvage and Marine Works (Fukada), has completed another high resolution CSEM survey of near surface gas hydrates. The survey was executed using the Scripps Institution of Oceanography Vulcan system for the National Institute of Advanced Industrial Science and Technology (AIST) in Japanese waters. Following the successful 3D […]

  • 24 October 2014
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Ocean Floor Geophysics (OFG), in cooperation with Fukada Salvage and Marine Works, has completed a high resolution CSEM survey of near surface gas hydrates. The survey was performed using the Scripps Institution of Oceanography Vulcan system for the National Institute of Advanced Industrial Science and Technology (AIST) in Japanese waters.   The survey comprises over […]

  • 14 September 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Ocean Floor Geophysics (OFG) has been awarded a contract by Global Seas Mineral Resources NV (GSR) for seafloor sampling, AUV, and geophysical services. Since September 2014, GSR NV has been integrated into DEME Concessions NV. GSR and OceanflORE (a joint venture between Royal IHC and DEME) are working together towards making offshore harvesting possible, profitable […]

  • 27 April 2018
    Operations & Maintenance

    Ocean Floor Geophysics (OFG), in cooperation with Fukada Salvage and Marine Works (Fukada), has completed a third high resolution controlled source elctromagnetic (CSEM) survey of near surface gas hydrates in Japanese waters for the National Institute of Advanced Industrial Science and Technology (AIST). The company used the Scripps Institution of Oceanography Vulcan system for the survey. The survey comprised over […]

  • 27 November 2017
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Supported by Kongsberg experts and technology, the GEBCO-NF Alumni Team, one of 19 semi-finalist teams competing in the $7-million Shell Ocean Discovery XPRIZE competition, has completed technology readiness tests of its unmanned surface vessel (USV) / autonomous underwater vessel (AUV) concept and associated combination of communications hardware and software to process and transmit data remotely. […]

  • 26 January 2018
    Equipment, Operations & Maintenance

    The GEBCO-NF Alumni Team has completed technology readiness tests of the Shell Ocean Discovery XPRIZE. The test were conducted using a combined unmanned surface vessel (USV) and autonomous underwater vehicle (AUV) system. The goal of the XPRIZE challenge is to advance ocean technologies for rapid, unmanned and high-resolution ocean exploration and discovery. The Team used […]

  • 2 November 2016
    Business & Finance

    The Netherlands-based Heerema Fabrication Group (HFG) plans to lay off 450 of the existing 770 employees at the company’s head office in Zwijndrecht, as well as at its yards in the Netherlands, United Kingdom and Poland, partly due to ”the combination of price pressure and unfavourable contractual conditions in the wind energy market”. Other reasons for the lay-offs are […]

  • 18 July 2016
    Business & Finance

    NYSE-listed Overseas Shipholding Group (OSG) has filed a registration statement on Form 10 with the US Securities and Exchange Commission in connection with the tanker company’s previously announced plan to separate its international and domestic businesses. OSG expects that any separation would be achieved through a spin-off of OSG International, Inc. in the second half […]

  • 11 August 2015
    Business & Finance

    NYSE-listed tanker owner and operator Overseas Shipholding Group (OSG) ended the second quarter of 2015 with USD 58.4 million net profit, compared to USD 202 million net loss this bankruptcy survivor reported in the second quarter  of 2014. Time Charter Equivalent (TCE) revenues grew to USD 235.2 million for the quarter, an increase of USD 63.6 million compared […]

  • 11 August 2015
    Business & Finance

    NYSE-listed tanker owner and operator Overseas Shipholding Group (OSG) ended the second quarter of 2015 with USD 58.4 million net profit, compared to USD 202 million net loss this bankruptcy survivor reported in the second quarter  of 2014. Time Charter Equivalent (TCE) revenues grew to USD 235.2 million for the quarter, an increase of USD 63.6 million compared […]

  • 4 December 2013

    The Ofon Phase 2 process platform (OFP2) is on its way to the Ofon field located in the Oil Mining Lease (OML) 102, 50km off the coast of Nigeria in 40m water depth.   The field is owned by Total E&P Nigeria Limited (TEPNG) 40% in partnership with the Nigerian National Petroleum Corporation (NNPC) 60%. The sail-away […]

  • 18 July 2016

    New York City-based Overseas Shipholding Group on Friday said it intends to spin off its international business that includes four ownership interests in four liquefied natural gas carriers.

  • 13 April 2017
    Business & Finance

    Already at the start of the second quarter of 2017 Asia’s crude tanker market finds itself flooded with a flurry of newbuilds that hit the water over the last quarter, according to a report from Ocean Freight Exchange (OFE). New tonnage delivered hit 15 million dwt in the first quarter and is expected to stand […]

  • 3 January 2019
    Business & Finance, Equipment

    Italian engineering and construction company Rosetti Marino has decided not to go ahead with its initial plan to acquire Dutch company Heerema Fabrication Group (HFG). Rosetti Marino and HFG entered into a letter of intent on the 16th of November with the aim to sell to Rosetti Marino the HFG activities at the yard in […]

  • 19 December 2016

    Partners in the Tamar natural gas field offshore Israel said they are still in talks with Spain’s Union Fenosa Gas to supply gas to UFG’s liquefaction facilities in Damietta, Egypt. The Tamar partners had signed a non-binding agreement with UFG in 2014  to supply 2.5 trillion cubic feet (Tcf) of natural gas over a 15-year […]

  • 11 September 2017

    The Norwegian government’s state auditor, Riksrevisjonen or the Office of the Auditor General (OAG), has decided to conduct an investigation of the country’s offshore safety watchdog, the Petroleum Safety Authority (PSA).  The Petroleum Safety Authority (Petroleumstilsynet) is a Norwegian government regulator responsible for safety, emergency preparedness and the working environment in the country’s petroleum industry. As […]

  • 21 November 2018
    Business & Finance

    Heerema Fabrication Group (HFG) is planning to divest a part of its activities dedicated to the design and fabrication of steel constructions for the offshore market following a strategic review.