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Business & Finance

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TGS and PGS Join Forces to Acquire 2D Seismic Survey Offshore Canada
Business & Finance

TGS and PGS Join Forces to Acquire 2D Seismic Survey Offshore Canada

TGS has commenced a new 22,000 km multi-client 2D survey offshore Newfoundland in the Labrador Sea in partnership with PGS. The new seismic data is being acquired by the M/V Sanco Spirit and utilizes the PGS GeoStreamer® technology. Data acquisition will continue through Q3 2011 and the vessel will

about 15 years ago
USA: Oceaneering Sells Ocean Legend
Business & Finance

USA: Oceaneering Sells Ocean Legend

Oceaneering International, Inc. announced today the sale of the Ocean Legend, a mobile offshore production system, to an undisclosed buyer. Oceaneering’s third quarter 2011 earnings will include an estimated pretax gain in the range of $17 million to $19 million on the sale of this asset in its Subs

about 15 years ago
The Netherlands: Blue Offshore Awarded 2nd Contract from NSW
Business & Finance

The Netherlands: Blue Offshore Awarded 2nd Contract from NSW

Blue Offshore has been awarded a second lease agreement for their subsea cable installation system by Norddeutsche Seekabelwerke GmbH (NSW) for 2013. The system includes the uniquely adaptable modular turntable system, loading arm assembly, tensioners, trackways, associated equipment and constructio

about 15 years ago
Shetland Coastguard Finds Lost Oceanographic Data Buoy (UK)
Business & Finance

Shetland Coastguard Finds Lost Oceanographic Data Buoy (UK)

A large oceanographic data buoy from Newfoundland has been found off Shetland after it went missing during Hurricane Igor in September 2010. Shetland Coastguard was contacted by the stand by vessel Grampian Frontier reporting that they had recovered the large yellow one tonne bouy which had floated

about 15 years ago
Aquabotix Technology Corporation Moves its Headquarters (USA)
Business & Finance

Aquabotix Technology Corporation Moves its Headquarters (USA)

Aquabotix Technology Corporation is transitioning from University of Massachusetts Dartmouth’s Advanced Technology and Manufacturing … (heraldnews) [mappress] Source: heraldnews, September 11, 2011;

about 15 years ago
OceanServer Receives Two New AUV Orders (USA)
Business & Finance

OceanServer Receives Two New AUV Orders (USA)

OceanServer Technology, Inc. has recently received AUV orders from NOAA and the University of Wisconsin for use in scientific research and mapping applications. The new order from NOAA represents the federal agency’s second Iver2 vehicle purchase. NOAA’s Chesapeake Bay Office is developing an operat

about 15 years ago
Ingalls Shipbuilding Wins USD 482.8 Million Contract to Build Fifth U.S. Coast Guard NCS
Business & Finance

Ingalls Shipbuilding Wins USD 482.8 Million Contract to Build Fifth U.S. Coast Guard NCS

Huntington Ingalls Industries, Inc. announced that its Ingalls Shipbuilding division has received a $482.8 million fixed-price-incentive-firm contract from the U.S. Coast Guard for the construction of a fifth National Security Cutter. Construction and delivery of the yet-to-be-named WMSL 754 will be

about 15 years ago
PV Shipyard Loads Out First Jack-up Rig Fabricated in Vietnam
Business & Finance

PV Shipyard Loads Out First Jack-up Rig Fabricated in Vietnam

After a 26-month fabrication period, PV Shipyard announced its successful load-out of the first “fabricated in Vietnam” 90 m jack-up rig. The rig will weigh almost 12,000 tons when fully finished, in which 9,685 tons is of structural materials, 950 tons of piping system and 1,748 tons of electrical,

about 15 years ago
USA: Shell Making Good Progress in Starting Up World Class Oil Gas Projects
Business & Finance

USA: Shell Making Good Progress in Starting Up World Class Oil Gas Projects

At an investor day in New York today, Shell confirmed solid progress in starting up three world-class oil & gas projects in 2011, which at peak will add some 400,000 barrels oil equivalent (boe) for Shell. Shell’s three-year strategic plan, outlined in 2010, is building the foundations for profitabl

about 15 years ago
Hydrex Provides Summary of its Underwater Operations (Belgium)
Business & Finance

Hydrex Provides Summary of its Underwater Operations (Belgium)

In the last few years Hydrex divers have carried out thruster operations on numerous occasions around the world. This article gives a summary of some of the more important ones. Replacement of azimuth thruster on crane barge in Gabon A Hydrex diver/technician team mobilized to an offshore crane barg

about 15 years ago
OGX Gets Nod for EWT and Production Development in Campos Basin, Offshore Brazil
Business & Finance

OGX Gets Nod for EWT and Production Development in Campos Basin, Offshore Brazil

OGX Petróleo e Gás, the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, announced that the preliminary license for the Extended Well Test (“EWT”) and production development in Waimea was granted by Ibama (the Brazilian Institute for Environmen

about 15 years ago
ADX Energy Increases Lambouka Stake, Offshore Tunisia
Business & Finance

ADX Energy Increases Lambouka Stake, Offshore Tunisia

ADX Energy Ltd announces that a Sale and Purchase Agreement has been executed to buy back a further 10% interest in the Lambouka Prospect Area in the Kerkouane Permit from PharmAust Limited and to cancel the option of PAA to purchase an interest in that part of the Lambouka prospect that extends int

about 15 years ago
Scientists Discover Two Species of Marine Life at Mid-Cayman Rise Hydrothermal Vent (USA)
Business & Finance

Scientists Discover Two Species of Marine Life at Mid-Cayman Rise Hydrothermal Vent (USA)

Ocean scientists on the NOAA ship Okeanos Explorer observed two species of marine life they believe have never before been seen together at a hydrothermal vent— chemosynthetic shrimp and tubeworms. They also observed the first known live tubeworms ever seen at a hydrothermal vent in Atlantic waters.

about 15 years ago
Kongsberg Maritime Mexico Becomes Fully Operational
Business & Finance

Kongsberg Maritime Mexico Becomes Fully Operational

Kongsberg Maritime Mexico S.A. DE C.V., became fully operational out of its new facility in the city of Veracruz this summer. As an extension to Kongsberg Maritime’s worldwide service network, the new service hub will offer service and support to DP vessels and merchant ships with Kongsberg Maritime

about 15 years ago
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