Bahamas Petroleum, the oil and gas exploration company with offshore licence permits in The Commonwealth of The Bahamas, announces that it has finalised an agreement with CGGVeritas to undertake a 3D seismic survey over the Company’s southern licence areas, starting in May 2011. The survey will cove
After taking part in a competitive tender process, CARIS is pleased to announce that it has been awarded the National Survey Storage System project from Rijkswaterstaat. Rijkswaterstaat, the executive body of the Ministry of Infrastructure and Environment in the Netherlands: ensures safe and smooth
Bahamas Petroleum, the oil and gas exploration company with offshore licence permits in The Commonwealth of The Bahamas, announces that it has finalised an agreement with CGGVeritas (the “Agreement”) to undertake a 3D seismic survey over the Company’s southern licence areas, starting in May 2011. Th
Idemitsu Petroleum Norge AS has received consent to conduct exploration drilling of well 35/7-1S in the northern part of the North Sea using the mobile facility Aker Barents. The well will be drilled in production licence 377S, approx. 100 kilometres west of Florø. The well has the following coordin
Subsea 7 S.A. (formerly Acergy S.A.) announced results for the first quarter 2011 which ended on March 31, 2011. The combination between Acergy S.A. and Subsea 7 Inc. completed on January 7, 2011. Upon completion, Acergy S.A. was renamed Subsea 7 S.A. As a result of the combination and the change in
BP today announced it has received final approval to complete the purchase of ten exploration and production blocks in Brazil from Devon Energy. The regulatory approvals from the Brazilian National Petroleum, Natural Gas and Biofuels Agency (ANP) were the last required to conclude the agreement anno
Vantage Drilling Company yesterday announced that it has entered into an agreement with Daewoo Shipbuilding and Marine Engineering Co., Ltd (“DSME”) to construct an ultra-deepwater drillship further expanding the Company’s ultra-deepwater drilling fleet. The Company plans to name the drillship Tungs
Sierra Rutile Limited is pleased to announce the appointment today of a consortium of experienced consultants headed by the Snowden Group, and including CPG Resources – Mineral Technologies and Titan Salvage, to conduct an extensive study of options to optimize and expand the operations of Sierra Ru
DP World Limited has today received shareholder approval to undertake a 1 for 20 share consolidation. The share consolidation will take place prior to the commencement of trading on Thursday 19 May 2011. The Board believes that undertaking a 1 for 20 share consolidation will better position DP World
VMI is proud to announce the introduction of its new self-propelled horizontal dredge; the MD-822-SP. The MD-822-SP uses a unique patent-pending auger drive system to maneuver and position the dredge during operation. The auger drive system is mounted directly behind the horizontal cutter head to pr
Alpine Ocean Seismic Survey, a provider of marine surveying and data collection services, announces the launch of the multi-use research vessel, the R/V Shearwater. With the addition of this new vessel, Alpine can now further expand its offerings of turnkey data collection and other surveying servic
Alpine Ocean Seismic Survey, a provider of marine surveying and data collection services, announces the launch of the multi-use research vessel, the R/V Shearwater. With the addition of this new vessel, Alpine can now further expand its offerings of turnkey data collection and other surveying servic
Intertek METOC has completed its involvement in the BritNed Interconnector project, which went into operation on 1st April 2011. Intertek METOC were marine project managers during the feasibility and planning stages for the High Voltage Direct Current (HVDC 1000MW) cable, connecting the electricity
Songa Offshore SE (“Songa”) reports total comprehensive income for the first quarter of 2011 of USD 25.1 million. Operating revenue for the first quarter was USD 140.7 million. This includes mobilization and demobilization revenue of USD 1.0 million. Total expenses for the first quarter were USD 90.