Equipment
Spectrum finalizes Fugro’s multi-client library purchase
Spectrum has finalized the purchase of Fugro’s multi-client library for a cash consideration of $115 m on a cash- and debt-free basis. The agreement for the acquisition was announced on June 1, 2015. With this purchase, the new combined Spectrum library exceeds 3.0 million km of 2D Multi-Client seis
EMGS in 3D EM Barents Sea data sale
Electromagnetic Geoservices ASA (EMGS), a Norwegian geophysical services company, has entered into two new data licensing agreements for the provision of 3D EM data from EMGS’ multi-client data library in the Barents Sea. EMGS did not name the companies it is entering into an agreement with, but it
Quebec Maritime Strategy Introduced
The Montreal Port Authority (MPA) has welcomed the Quebec government’s announcement introducing the first ever Quebec Maritime Strategy. This involves the government’s commitment to support the marine industry with more than $1.5 billion in investments, along with its commitment to sustainably devel
Divex Recognised for COBRA at Elevator Awards
As their new bailout rebreather COBRA nears availability, the team at Divex are recognised for their innovation at the annual Elevator Awards. COBRA (Compact Bailout Rebreathing Apparatus) is developed by the Divex design team in Aberdeen to respond to an urgent safety requirement in the world’s sat
Reach Subsea and MMT in Survey Alliance
Reach Subsea and MMT have established a Joint Venture agreement primarily for survey services. Consequently, the two parties have performed a charter restructuring arrangement, which should, according to Reach, add more flexibility to the business model and strengthen the companies’ combined market
Island Navigator Contract Gets Green Light
Island Offshore has today lifted the remaining subjects in the shipbuilding contract with Kawasaki Heavy Industries for delivery of the Island Navigator. The vessel is a combined well intervention and tophole drilling vessel with equipment and capacity to perform a series of subsea and well operatio
First Cat D rig Songa Equinox delivered to Songa Offshore
Songa Offshore has taken delivery of Songa Equinox rig from Daewoo Shipbuilding & Marine Enggineering (DSME) in Korea. Songa Equinox is the first rig in a series of four Category D rigs specifically built for and contracted to Statoil. The rig was first scheduled for delivery in mid-May 2015; howeve
Samsung to build decks for process and riser platforms on Johan Sverdrup
Statoil, on behalf of the Johan Sverdrup license, has awarded Samsung Heavy Industries the contract for decks for both the process and riser platforms. Johan Sverdrup is an oil field located in the North Sea, offshore Norway. The total contract value is NOK 7 billion ($887.7 million). It is a fabric
PHOTO: Steel cutting for Johan Sverdrup jacket
The image, shared by Kvaerner, shows steel cutting ceremony for Johan Sverdrup riser platform (RP) jacket that occurred yesterday, June 29, 2015, in Norway. Kvaerner signed the contract for delivery of steel jacket substructure for the riser platform at the Johan Sverdrup field located in the North
Siem to Wrap Up Vessel Deal
Oslo-listed, Siem Offshore (SIOFF), informed that Daya Materials has received green light from its shareholders to implement the acquisition of offshore subsea construction vessel “Siem Daya 1”. Namely, in April this year, Siem Offshore agreed to sell Siem Daya 1 for USD 120 million. In addition, SI
IDRECO Delivers One to Russia
IDRECO, in cooperation with Aurum GmbH, has delivered an IMD2-350 fully electrical driven dredger to Russia. This dredger, one of the latest versions of the IDRECO Mobile Dredger Series, comes with an in-board high performance IDP350 IDRECO dredge pump with 4 double curved vanes. The dredge pump, co
Picture of the Day: Maroochydore Renourishment
As part of the Sunshine Coast Regional Council’s winter sand renourishment program, the sand pumping operations started this month at Maroochydore Beach and Mooloolaba Spit. Division 8 Councillor Jason O’Pray said that the Council will pump over 75,000 cubic meters of sand onto Maroochydore Beach. “
Aboard Dredger McFarland
Congressman Patrick Meehan yesterday joined Representative Donald Norcross for a tour and inspection of the U.S. Army Corps of Engineers’ Dredger McFarland, a 300-foot-long deep-draft hopper dredge on the Delaware River. The McFarlandis is conducting dredging operations to deepen the Delaware River’
Wood Group Adds BETA
Wood Group has acquired BETA Machinery Analysis (BETA), a Calgary-based engineering consultancy specializing in advanced vibration analysis in a deal valued at US$14.3 million. BETA’s expertise in advanced vibration, pulsation stress and dynamic analysis of piping systems and machinery during the de