Business & Finance
UK: Bibby Offshore Hires Toisa Polaris Diving Support Vessel
Aberdeen-based subsea installation contractor Bibby Offshore has announced a multi-million pound investment in marine assets for its core North Sea market. From January 2012, the DP3 Diving Support Vessel, Toisa Polaris, is expected to come under the control of Bibby Offshore. The vessel will be tak
Norway: Aker Solutions Bags Vilje South Subsea Gig
Right after Statoil and its partners made an investment decision on fast track development of Vilje South, Aker Solutions unveiled that it has been awarded a contract by Statoil for the engineering, procurement and construction of a subsea production system for the project. The contract value is app
WASACE to Link Four Continents with Undersea Fiber-Optic Cable
WASACE is an exciting new international communications system linking the major markets of four continents – Africa, South America, North America and Europe, with undersea fiber-optic cable. It is the largest such project ever mounted in the Atlantic Ocean. The projects’ total fiber length is seven
Norway: Aker Solutions Wins Subsea Production System Contract for Vilje South
Aker Solutions has been awarded a contract by Statoil for the engineering, procurement and construction of a subsea production system for the Vilje South project on the Norwegian continental shelf. The contract value is approximately NOK 225 million. Scope of work includes a subsea tree, satellite p
UK: Bibby Offshore Announces Major Investment in Marine Assets for North Sea Market
Aberdeen-based subsea installation contractor Bibby Offshore has announced a multi-million pound investment in marine assets for its core North Sea market. From January 2012, the DP3 Diving Support Vessel, Toisa Polaris, will come under the control of Bibby Offshore. The vessel will be taken on a 2-
Luxembourg: Logwin Experiences Increasing Demand
More and more ships only order spare parts when they need them since this saves procurement and storage costs. Logwin, the international logistics services provider, is also seeing this trend with the demand for its Ship Parts Logistics special service growing by 28 % in the last three years. Shipow
Cyprus: Seabird Exits OBN Market
SeaBird Exploration PLC has entered into a share and purchase agreement (the “SPA”) with Fugro Norway AS on 18 November 2011, under which Fugro will acquire SeaBird Technologies AS and Seabed Navigation Company Limited which collectively hold all of the Company’s rights and assets related to the oce
The Netherlands: Xodus Group Opens Hague Office
Energy consultancy Xodus Group has launched a £5 million office in The Hague bringing a truly integrated subsurface and surface capability to the global oil and gas industry. A number of key appointments have been made and Xodus aims to have 20 people operating from The Hague by the end of the year.
Norway: Statoil Announces Fast Forward for Vilje South
The Vilje partners have taken the investment decision to develop Vilje South, an extension to the main field included in its original plan for development and operation (PDO). An oil producer, Vilje lies just to the north of Heimdal in the northern part of Norway’s North Sea sector. The well planned
Norway: Statoil, Partners Decide to Develop Vilje South
Statoil announced today that it has, together with its partners, taken the investment decision to develop Vilje South, an extension to the main field included in its original plan for development and operation (PDO). An oil producer, Vilje is situated just to the north of Heimdal in the northern par
Xodus Group Opens Dutch Office
Aberdeen headquartered energy consultancy, Xodus Group, is gearing up for global expansion with the launch of a $ 7.7 million office in The Hague bringing an integrated subsurface and surface capability to the global oil and gas industry. A number of key appointments have been made and Xodus said it
UK: C-Tecnics Introduces Mantis 20 HD Camera for Underwater Inspection
C-Tecnics introduces the Mantis 20 HD Camera, world’s first underwater inspection camera with a 20x zoom capability. The MANTIS 20 is a compact, full high definition (HD) colour focus and zoom camera. The 1/3‐inch CMOS sensor provides exceptional picture quality with full HD levels of resolution and
NPD Finds Exciting Knowledge about Subsurface at Jan Mayen Ridge
The Norwegian Petroleum Directorate (NPD) and the University of Bergen have acquired geological material from steep parts of the seabed on the Jan Mayen Ridge. The new knowledge reinforces the belief that there could be petroleum in the area. ”The samples from the seabed at Jan Mayen are remarkable;
Norway: Jan Mayen Ridge Could Hold Oil, NPD Says
The Norwegian Petroleum Directorate (NPD) and the University of Bergen have acquired geological material from steep parts of the seabed on the Jan Mayen Ridge. The new knowledge reinforces the belief that there could be petroleum in the area. ”The samples from the seabed at Jan Mayen are remarkable;