DeepOcean Group Holding AS, (“DeepOcean Group” or “the Company”) an integrated provider of subsea engineering and trenching services, today announced the appointment of Frank Eggink as the new Chief Financial Officer and Liz Collins as the Group Controller. Frank Eggink has 23 years of global experi
Polarcus Limited has been contracted by an undisclosed client for a 3D seismic acquisition project offshore East Africa. The project will commence in February and is expected to run for approximately 45 days. Polarcus is a pure play marine geophysical company with a pioneering environmental agenda,
In the fourth quarter of 2011, BOURBON posted revenues totaling 273.1 million euros, up 23.4% (same percentage increase at constant exchange rate) compared with the same period in 2010, boosted by the commissioning of 39 new vessels and the gradual improvement in utilization and daily rates. Compare
Flexlife, an oil and gas industry specialist in subsea project and integrity management has announced the successful first application of its innovative product FlexGel, in a North Sea operation for an oil major. FlexGel, an oil-based product that is non-soluble in water and with a density that can
Bergen Group Fosen has signed a contract with Volstad Maritime AS to build a large high end offshore vessel. The contract has an estimated value of more than NOK 800 million (USD 138.7 million), and the ship is scheduled for delivery in Q3 2013. The signed contract is subject to final board approval
Otto Marine Limited, a Singapore based company that builds complex offshore support vessels, and offers specialized offshore services, entered into an AHTS time charter contract for an initial value of US$ 20.8 million over 3 years, with an option to extend for a further 1 + 1 year, bringing the pot
BlueView Technologies, a company specializing in compact acoustic imaging and measurement technology, yesterday announced the latest delivery of two (2) P900-130 2D Multibeam Imaging Sonar for Fugro Subsea Services in Aberdeen making a total of six (6) units total delivered to the group over the pas
Santos today announced that its total proved and probable (2P) hydrocarbon reserves were 1,364 million barrels of oil equivalent (mmboe) at the end of 2011. Successful appraisal and commercialisation activity, and the sanctioning of the Fletcher Finucane project, added 82 mmboe of 2P reserves in 201
Singapore-based Hallin Marine, a Superior Energy Services company, reports a promising start to 2012 with four new contracts. Hallin’s West Division heads into battle in search of unexploded 1939-1945 ordnance off the German coast. A Quasar work-class remotely operated vehicle and team are being pro
Chariot Oil & Gas, an independent oil and gas exploration company, has completed the 3500km² 3D seismic acquisition programme across its Central Blocks (2312 A & B and Northern halves of 2412 A & B) offshore Namibia. The operation, carried out in conjunction with Petroleum Geo-Services (“PGS”), was
Norway’s EMGS has secured pre-funding to start a multi-client 3D EM campaign in the Barents Sea, ahead of Norway’s 22nd exploration licensing round. Data acquisition will commence in March using the vessel Atlantic Guardian. Preliminary data deliverables will be available from April 2012 and 3D inve
Statoil’s fourth quarter 2011 net operating income was NOK 60.7 billion, a 42% increase compared to NOK 42.8 billion in the fourth quarter of 2010. In 2011, net operating income was NOK 211.8 billion compared to NOK 137.3 billion in 2010. “Statoil delivered record financial results, further improved
Technip was awarded a 5-year frame agreement contract from Brazil’s oil company Petrobras for the supply of around 1,400 kilometers of flexible pipes. The contract is effective today with supply starting in 2013 and orders are guaranteed for at least 50% of the total value, which is currently estima
Atwood Oceanics, an international offshore drilling contractor engaged in the drilling and completion of exploratory and developmental oil and gas wells, has been awarded a drilling services contract by Shemen Oil and Gas Resources Ltd., an Israel-based oil and gas company, for the Atwood Beacon ind
