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
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
Pelamis Wave Power has been awarded a £1.4m project from The Energy Technologies Institute (ETI) to fund development work to enhance the cost-effectiveness of wave energy converter arrays in UK waters. The funding will support the first phase of work this year ahead of a larger demonstration program
Statoil has awarded framework agreements for subsea operations services on the Norwegian Continental Shelf (NCS). The agreement ensures long-term supply of maintenance and operational support for Statoil’s’ subsea fields. The framework agreements could have an estimated total value of up to BNOK 14.
WGP announces that it has received and executed a letter of intent with Statoil ASA, the Norwegian energy company listed on the Oslo and New York stock exchanges, to provide long-term seismic acquisition services for permanent reservoir monitoring of the Snorre and Grane oil fields in the Norwegian
Aker Solutions, the international oil services provider, has as one of several suppliers been awarded a frame agreement with Statoil for the delivery of subsea operations and services on the Norwegian continental shelf. Subsea operations and services covers installation of subsea equipment, maintena
OMM, a leading independent services provider to the renewables, telecoms and hydrocarbon industries, has just completed the installation of a 117 kilometre optical fibre submarine cable for Emerald Bridge Fibres Ltd (EBFL), a joint venture between Geo Networks Ltd (Geo), a leading fibre network prov
Subsea 7 S.A. announced the award of a contract from Talisman Sinopec Energy UK Limited to install two 5 kilometre pipeline bundles. The contract, valued at US$285 million is for the provision of subsea construction services in support of Talisman Sinopec Energy UK’s Montrose Area Redevelopment Proj
Dolphin Group ASA, a global, full-range, asset light supplier of marine geophysical services announced today fourth quarter and full year 2012 results. Quarterly highlights – Q4 2012 – Revenues of USD 75.5 million, compared to USD 30.1 million in Q4 2011 – EBITDA of USD 26.5 million (35,1%), improve
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, provides an operational update. The Company currently has two exploration wells Rodriguez South (Faroe 30%), Norwegian Se
Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a new major contract worth in excess of € 350 million by Alstom Grid for the connection project DolWin3 linking offshore wind farms in the North Sea to mainland Germany on behalf of the Dutch-German grid
The Department of Transport, Tourism and Sport advises that preparatory works for the installation of an offshore umbilical will be carried out from Corrib Offshore Field Location to landfall. The area of activity stretches along the route of the existing Corrib offshore gas pipeline. Works will com
Members of the MeyGen development team accompanied their research partners the Environmental Research Institute (ERI), Exeter University and contractors Mojo Maritime to deploy three Acoustic Doppler Current Profilers (ADCP) on the Inner Sound seabed. The mobilisation of the installation was organis
Eidesvik announces that the operating profit before depreciation (EBITDA) for Q4 2012 was MNOK 121,9 compared to MNOK 125,4 for the same period last year. Operating income was MNOK 223,7 compared to MNOK 244,3 for the same period last year. Profit for the quarter was MNOK 38,5 compared to MNOK -5,1
