Schilling Robotics, LLC, experts in subsea systems, announced today the order for a new 150hp, 3,000m rated HD™ ROV system from GMB USA, Inc. for delivery to the Republic of Korea (ROK) Navy. This order reflects the expansion of the ROK Navy’s salvage and rescue operations. The exceptional performan
Polarcus Limited announced that, due to overwhelming investor demand, the Company has decided to close the previously announced offering of USD 125 million in principal amount of Senior Secured Convertible Bonds . The Bonds to be issued by Polarcus are convertible into common shares with an annual c
Deep Sea Supply announces that the AHTS vessel “Sea Bear” has been awarded a 9 month contract extension from Melittah Gas for operations in the Mediterranean until January 2012. “Sea Bear” will replace “Sea Cheetah” which has been working under this contract. Deep Sea Supply Plc is an offshore suppl
Deep Sea Supply announces that the AHTS vessel “Sea Bear” has been awarded a 9 month contract extension from Melittah Gas for operations in the Mediterranean until January 2012. “Sea Bear” will replace “Sea Cheetah” which has been working under this contract. DEEP SEA SUPPLY Plc Deep Sea Supply Plc
Keppel Shipyard announces it has secured a fast-track project for the upgrading of a FPSO vessel from Petrofac International (UAE) LLC, a subsidiary of Petrofac. The upgrading of the ex-FPSO East Fortune includes refurbishment and life extension works, engineering, fabricating, installing and integr
DOF Subsea AS is contemplating the issuance of new unsecured bonds in the Norwegian bond market with maturity in April 2016. The contemplated bond issue will have a minimum issue amount of NOK 500 million. Net proceeds from the contemplated bond issue will be used to refinance existing bonds and for
A Korean research vessel will carry out scientific studies on seabed minerals in Tongan waters over the next several months… (scoop) [mappress] Source:scoop , April 12, 2011;
Statoil has submitted a plan for development and operation (PDO) for the Vigdis North-East development in the North Sea to the Norwegian Ministry of Petroleum and Energy. Production start is scheduled for December 2012. This is the second fast-track development plan submitted to the Norwegian Minist
Statoil has today submitted a plan for development and operation (PDO) for the Vigdis North-East development in the North Sea to the Norwegian Ministry of Petroleum and Energy. Production start is scheduled for December 2012. This is the second fast-track development plan submitted to the Norwegian
Pursuant to the decision by the Gazprom Board of Directors, an order was signed to open the Company’s representative office in the city of Doha, State of Qatar. The representative office will pursue the primary objective of developing long-term mutually beneficial economic cooperation of Gazprom wit
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, has signed an agreement with BG Egypt, a division of BG Group plc (‘BG Group’), a leading oil and gas operator in the global energy marke
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, has signed an agreement with BG Egypt, a division of BG Group plc , a leading oil and gas operator in the global energy market, to supply
Eni announces the successful appraisal and testing of the Sankofa discovery in the Offshore Cape Three Points (OCTP) licence, offshore Ghana. The Sankofa-2 well was drilled in 864 meters water depth at a distance of about 55 km from the coast and successfully appraised the Sankofa discovery. The wel
Polarcus Limited announces that the Company has today received a Statement of Qualification from Det Norske Veritas (DNV) to qualify Polarcus’ Arctic operating procedures according to industry best practice and relevant standards. The Statement of Qualification was presented to Polarcus at the 7th A
