Business & Finance
France: Sercel Launches Latest Solid Streamer Sentinel RD
Sercel announced the expansion of its marine seismic equipment offering with the launch of the Sentinel® RD, the latest generation of its Sentinel solid streamer. With over 4,000 km of streamers delivered to more than 60 seismic vessels worldwide since its introduction in 2005, Sentinel has become t
China: Cameron’s Subsea Systems for CNOOC’s Panyu Field
Cameron has signed an agreement with CNOOC for the supply of subsea production systems in support of the “Panyu 35-1/2” deepwater gas field developments in the South China Sea. The contract is valued at approximately $100 million and the scope of supply includes six subsea production trees, producti
China: ConocoPhillips Reports Small Oil Spill at Penglai Field
CNOOC Limited announced that the Company received a report from ConocoPhillips China Inc., the Operator of Penglai 19-3 oilfield, stating that a small amount of oil leaked to the sea when the safety device of a hose coupling automatically parted due to the abnormality during the oil transfer under f
France: Sercel Launches New Sentinel Streamer
Sercel announced today the expansion of its marine seismic equipment offering with the launch of the Sentinel® RD, the latest generation of its Sentinel solid streamer. With over 4,000 km of streamers delivered to more than 60 seismic vessels worldwide since its introduction in 2005, Sentinel has be
Kongsberg Presents New Customer Support Front End at Posidonia 2012, Greece
Kongsberg Maritime has introduced a number of key enhancements to its Global Customer Support organisation. Alongside improvements to remote service capabilities and certification, the major maritime technology developer, which is exhibiting its portfolio of systems for maritime transport vessels on
USA: NOAA Recognizes Crowley Maritime for Highly Accurate Weather Observations
Crowley Maritime Corporation has been selected as a 2011 Company Award winner for the United States National Oceanic and Atmospheric Administration (NOAA)’s Voluntary Observing Ship (VOS) program. The selection was based on Crowley’s 48 vessels providing 204,430 highly accurate and timely weather ob
Bermuda: SFL Sells OBO Carrier ‘Front Rider’
Ship Finance International Limited, today announced that it has agreed to sell the 20-year old combination carrier Front Rider to an unrelated third party and has simultaneously agreed to terminate the corresponding charter party with a subsidiary of Frontline Ltd. (“Frontline”). Delivery to the new
Gazprom, Petrovietnam Discuss Joint Exploration Offshore Vietnam
Today in Kuala Lumpur (Malaysia) a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Do Van Hau, President and CEO of Petrovietnam State Oil and Gas Corporation took place as part of the 25th World Gas Conference. The parties addressed a number of issues regardi
Maersk Drilling Secures GoM Contract for Its Drillship Under Construction
More than one year prior to delivery Maersk Drilling has signed a contract with a major oil company for the first in a series of four identical ultra deepwater drillships currently under construction. The contract duration is three years and commencement is expected by end 2013 upon delivery from Sa
Norway: MPM Supplies Subsea Meters for Statoil’s Asgard Subsea Compression Project
MPM has been awarded the contract for subsea wetgas meters for the Åsgard Subsea Compression by Aker Solutions. The meters will be installed upstream each compressor train, as part of Aker Solution’s retrievable cooler module. The Åsgard field lies in 250 – 300 m water depth in the Norwegian Sea, ab
Greece: Posidonia 2012 Exhibition Kicks Off Today
Posidonia exhibition opens today June 4 at Metropolitan Expo Centre, which is equipped to provide enhanced services and an overall better experience to the estimated 1,870 exhibitors from 87 countries and 17,000 visitors expected to go through its gates during the five day event. The modern, state-o
Singapore: ES Group Launches First Bunker Vessel for Charter
Catalist-listed ES Group (Holdings) Limited had on 2 June 2012 launched the 3,400 dead-weight-tonne Sea Tanker I, the first of its two bunker vessels constructed at ES Group’s 50 per cent-owned subsidiary’s shipyard in Thailand. This marks a major milestone for the Group to establish its vessel-owni
Norway: Talks on New Five-Year Contract for West Polaris Under Way
Seadrill is in advanced discussions regarding a new five-year contract for the drillship West Polaris. This new contract will start in direct continuation of the existing assignment which is scheduled to be completed in October 2012. The potential contract revenue for the five-year period is approxi
USA: ION Launches Seabed Seismic Acquisition System Calypso
ION Geophysical Corporation today announced the launch of Calypso, its next generation redeployable seabed acquisition system. Leveraging ION’s industry-leading VectorSeis digital sensors to deliver the same unrivaled broadband imaging, Calypso is designed to operate at twice the depth and to delive