Gassco AS (Gassco) has received consent for disposal of the H-7 facility. The H-7 facility is located in the German sector of the North Sea and was used as a compressor platform along the Norpipe pipeline from 1977 to 1999. The facility will now be disassembled and removed from the site. Operating c
NCS Survey AS has been awarded a three-year contract with two one-year options with Norwegian operator Statoil for the supply of rig positioning services on the Norwegian Continental Shelf. The contract commenced on the first of the year. NCS Survey AS was established in November 2012 and is based i
2H Offshore Inc., an Acteon company, has recently been awarded a Steel Catenary Riser (SCR) detailed design project with LLOG Exploration Company. The SCRs will be the first attached to the Exmar OPTI-11000 semi-submersible. The scope of work includes the provision of detailed design of the producti
Chevron Corporation today announced that it had conducted a successful production test on the St. Malo PS003 well in the prolific Lower Tertiary trend in the deepwater Gulf of Mexico. Oil flow rates, though limited by testing equipment constraints, exceeded 13,000 barrels of oil per day. The test, i
Dril-Quip, Inc. announced net income of $31.0 million, or $0.76 per diluted share, for the three months ended December 31, 2012, versus net income of $28.1 million, or $0.70 per diluted share, for the fourth quarter of 2011. Total revenues were $188.5 million during the quarter ended December 31, 20
The Petroleum Administration of the Republic of Lebanon has announced a seminar event in London on 7th March to promote pre-qualification for the first Lebanese offshore licensing round. Representatives from the Petroleum Administration will give keynote talks on the latest information regarding the
ABB, the leading power and automation technology group, has received an order worth around $10 million, from Landsnet, the Icelandic transmission system operator, to supply a high-voltage submarine and underground power-cable system that will transport electricity from the mainland to the volcanic i
Electromagnetic Geoservices ASA (EMGS) announces that it has secured multi-client late sales worth approximately USD 10 million. These sales stem from a combination of the company’s 3D EM data library in Brazil, the Norwegian Sea and the Barents Sea. The revenues will be recognized in the first quar
PGS completed its 6th MC3D survey offshore Lebanon on February 19. The 2,200 sq km PGS MC3D LEB2013 survey will be available for the upcoming license round. The survey, acquired in cooperation with the Lebanese Ministry of Energy and Water, is the first 3D to be acquired in Lebanon using GeoStreamer
CGG announced its non-audited fourth quarter 2012 and full year consolidated results. The fourth quarter and full year 2012 results are presented before the $(48) million impact of non-recurring items related to the acquisition of the Fugro Geoscience Division. 2012 Key Figures: – 2012 Revenue at $3
Royal Dutch Shell plc (“Shell”) announced it will pause its exploration drilling activity for 2013 in Alaska’s Beaufort and Chukchi Seas to prepare equipment and plans for a resumption of activity at a later stage. “We’ve made progress in Alaska, but this is a long-term programme that we are pursuin
Cal Dive International, Inc. generated a fourth quarter 2012 loss of $4.4 million, or $0.05 per diluted share, excluding a $4.0 million after-tax non-cash charge related to the marked-to-market adjustment of the derivative liability for the Company’s convertible debt, a $4.1 million after-tax non-ca
INPEX CORPORATION (INPEX) announces that the INPEX-led Ichthys LNG Project has completed insurance arrangements for project facilities related to the Ichthys LNG project during the construction period prior to the production start-up scheduled by the end of 2016. These insurance policies provide cov
Medium voltage cables are successively being installed at the Global Tech I offshore wind farm where 17 foundations were already installed. 80 wind turbines will be connected with the submarine power cables to the transformer station. A special cable-laying vessel CS Sovereign is performing the layi
