SeaBird Exploration PLC announces that it has entered into certain contracts of a varying nature. Firstly, SBX has entered into contracts for multiclient data sales relating to the Perdido survey in the US Gulf and for the late sales of a survey in the Barents Sea. These two contracts represent valu
Neptune Marine Services Limited announces that it has sold the Company’s US diving business to a US private equity firm who have previously been an investor in this industry. The buyer will purchase the assets of the business for approximately $0.5 million, with the sale not expected to have a mater
A new agreement between marine scientists and a commercial telecommunications company could dramatically advance scientists’ ability to observe and study ocean processes, provide early alerts for potential disasters and study deep Earth geodynamics. Scientists from Scripps Institution of Oceanograph
ION Geophysical Corporation announced that its GeoVentures™ group has added an additional 8,000 kilometers of regional seismic data to its Greater BrasilSPAN™ program in the Equatorial Margin offshore northern and northeastern Brazil. To be processed by ION’s GX Technology data processing group, thi
Providence Resources P.l.c., the London (AIM) and Dublin (ESM) quoted oil and gas exploration and production company, confirms the forward programme for Frontier Exploration Licence (FEL) 3/04, which contains the Dunquin exploration prospect. ExxonMobil Exploration and Production Ireland (Offshore)
The marine and tidal energy sector is to benefit from £6 million in funding to further develop testing of new wave and tidal prototypes in the seas around Scotland. Scottish Enterprise is launching a second round of the remaining competitive funding from the initial WATERS £13 million fund, launched
McDermott Australia (McDermott) has awarded Heerema Marine Contractors Australia Pty Ltd (HMC) a contract to transport and install infield flowlines, subsea structures and moorings for the INPEX Ichthys LNG Project. McDermott Australia has been appointed the main contractor for the subsea umbilical,
MEO Australia Limited advises that the S/R Veritas Viking II commenced acquisition of the 601 km2 Floyd 3D seismic survey in WA-454-P in the Joseph Bonaparte Gulf region of the Timor Sea (Petrel sub-basin) at 21:23 (WST) on 12th February 2012. The survey is scheduled to take less than thirty days to
Nexans, a worldwide leading expert in the cable industry, makes a major investment in the growing Mining, Oil & Gas and Renewable Energy cable markets. Nexans has agreed to acquire AmerCable Holdings Inc. (“AmerCable”), the #1 producer of primarily Mining, Marine Oil & Gas and other industrial cable
Total E&P Norge AS has awarded Kvaerner an EPSC-contract (Engineering, Procurement, Supply and Construction) of close to NOK 1.2 billion for delivery of a steel jacket to be located at the Hild Field offshore the Norwegian North Sea. “We are very pleased to have won our second jacket this year in to
MEO Australia Limited advises that the S/R Veritas Viking II completed acquisition of the Zeppelin 3D seismic survey in AC/P50 & AC/P51 in the Ashmore Cartier region of the Timor Sea (Vulcan sub-basin) at 06:27 (WST) on 11th February 2012. A total of 508 km2 of full fold data was recorded. Regulator
Stork Technical Services (Stork), the leading global provider of knowledge-based asset integrity management services for the chemical, oil and gas and power sectors, has won a major £10million contract win for subsea inspection activity with a major operator, offshore West Africa. Stork announced th
A multi-national offshore technology company has chosen a leading subsea testing and training facility in Scotland to test and photograph its latest product, which was launched earlier this week. Cygnus Instruments decided to use subsea trials and training centre, The Underwater Centre, based in For
KONGSBERG reports good performance in Q4 2011, laying a sound foundation for 2012. Q4 revenues totalled MNOK 3 883. The EBITA came to MNOK 544. This results in an EBITA margin for the Group of 14.0 per cent, compared with 18.5 per cent in Q4 2010. Earnings per share (EPS) came to NOK 2.98 in [&helli
