CGGVeritas provides its vessel utilization and its fleet allocation updates for the third quarter of 2011. Vessel utilization for the third quarter 2011: -The vessel availability rate was 91% including initial shipyard of the Champion for upgrades as part of our performance program. This compares to
WASSP Ltd has announced the expansion of the company’s senior management with the appointment of Ian McDonald as General Manager. The role is a newly created position and will see Mr McDonald overseeing WASSP’s international sales & marketing strategy for their multibeam sonar products. Originally f
Seadrill Limited has successfully secured commitments from a group of commercial lending institutions and export credit agencies for a new US$550 million senior secured credit facility. The new facility has a tenor of five years and a 10 years amortization profile. Interest on the loan and the set o
Oil recovery teams head out on the water last morning to collect oil spilled from the cargo vessel Rena. The teams spent day before yesterday preparing ocean-going vessels for an offshore operation. Modifications had to be made to some of the vessels to ensure the safe operation of the heavy special
Technip announces that its wholly-owned subsidiary DUCO Inc. was awarded two contracts, by Shell Offshore Inc, for the Cardamom and West Boreas field developments, located in the Gulf of Mexico. The contracts include the engineering, project management and construction of a 9,265m umbilical (Cardamo
Technip announces that its wholly-owned subsidiary DUCO Inc. was awarded two contracts, by Shell Offshore Inc, for the Cardamom and West Boreas field developments, located in the Gulf of Mexico. The contracts include the engineering, project management and construction of a 9,265m umbilical (Cardamo
TGS will commence acquisition of a new 3D multi-client seismic survey in November 2011 which covers 9,700 km2 over the Exmouth Plateau in the Carnarvon Basin, offshore NW Australia. The survey area is adjacent to existing large gas discoveries and covers newly available acreage in blocks WA-364-P, W
TGS will commence acquisition of a new 3D multi-client seismic survey in November 2011 which covers 9,700 km2 over the Exmouth Plateau in the Carnarvon Basin, offshore NW Australia. The survey area is adjacent to existing large gas discoveries and covers newly available acreage in blocks WA-364-P, W
Dredging of the Main Channel and a key turning basin for ships in the Port of Long Beach has been completed, marking a major milestone in an ongoing $40 million project by the Port and the U.S. Army Corps of Engineers to improve navigation and the environment in the harbor. The project has provided
Centrica plc announces that Lesley Knox is to be appointed a Non-Executive Director of the company, effective 1 January 2012. Mrs Knox will become a member of Centrica’s Audit, Nominations and Remuneration Committees. Mrs Knox is currently chairman of Alliance Trust plc, the senior independent non-e
Phase 12 of Iran’s giant South Pars Oil and Gas field with an output of 84 million cubic meters of sour gas on a daily basis will come … Source: farsnews [mappress] Source: farsnews,
The Institute for Occupational Health and Safety Development is asking the Department of Labor and Employment (DoLE) to issue a Stoppage of Operation order at the Subic Keppel Shipyard Incorporated located in Subic, Zambales pending a comprehensive inspection of the safety practices of the ship buil
From 2007 to 2009, the Norwegian Petroleum Directorate (NPD) has acquired 2D and 3D seismic data off Lofoten, Vesterålen and Senja (Nordland VII and Troms II). This data will now be prepared to be sold as one data package towards the end of 2011. The NPD will release more detailed information at a l
Tullow Oil Ghana Ltd., a subsidiary of Tullow Oil plc has awarded Seadrill a one-year contract for operations offshore Ghana with the newbuild ultra-deepwater semi-submersible rig West Leo. The potential contract revenue for the one-year period is US$204 million which includes US$18 million in mobil
