Subsea
AGR Well Management Division in Norway Gets New Boss
AGR has appointed Tore Øian to lead the company’s well management business in Norway. Øian has over 20 years experience in the oil and gas industry and has managed drilling projects for operators including Statoil and Det norske. Svein Sollund, AGR’s chief executive, said: “We have been providing we
EMGS Strikes New Barents Data Deal
Norwegian geophysical services company, EMGS, has entered into a data licensing agreement with an undisclosed client for the provision of 3D CSEM data from the multi-client data library in the Barents Sea. The Oslo-listed company said that this new deal has generated net revenue of USD 1 million, wh
Searcher Begins Papua New Guinea Seismic Shoot
Searcher has started acquisition of the 11,000 km Hahonua 2D seismic survey in Papua New Guinea. This new acquisition, in partnership with BGP, increases Searcher’s total seismic data library in the region to over 70,000 km, the company noted. In addition, Searcher and Gardline have initiated a mult
EMGS in New Job Cuts
Electromagnetic Geoservices (EMGS) has announced a reduction in the company’s cost base in line with a reduced level of activity. The company said it will seek a global reduction in employee expenses of approximately 20% by using both temporary and permanent layoffs among others. The cost reduction
Technip-FMC Technologies Alliance in Lancaster Win
Hurricane Energy has provisionally selected Technip and FMC Technologies, under their alliance, as its exclusive provider of subsea solutions for the Lancaster Early Production System (EPS) and for subsequent development of the Greater Lancaster Area. Located in UK blocks 205/21a, 205/22a and 205/26
Nokia’s ASN Sets New Record for Subsea Cable Capacity
Alcatel-Lucent Submarine Networks (ASN) and Nokia Bell Labs said they have achieved a record transmission capacity over a 6,600 km single mode fiber. Namely, the breakthrough lab trial demonstrated a total 65 terabit-per-second (Tb/s) transmission using submarine grade dual band erbium doped fiber a
WGP Exploration CEO Steps Down
Thalassa has announced the resignation of Mark Burnett as CEO of WGP Exploration, a wholly owned subsidiary of the company. Burnett has resigned for personal reasons, but agreed to serve as a non-executive director of WGP Group, the holding company of WGP Exploration. Francis Smulders, the chairman
PGS Estimates Q3 Revenues of $220 Mln
Oslo-listed seismic player Petroleum Geo-Services (PGS) said it expects to report consolidated third-quarted 2016 revenues of some $220 million, and EBITDA of about $110 million. According to PGS, based on its preliminary consolidated Q3 2016 numbers, revenues hiked around 20 percent sequentially fr
Red7Marine Gets New Commercial Director
Red7Marine has appointed Kristen Branford as the company’s new commercial director. The UK-based Red7Marine believes that Kristen’s specialist expertise in civil engineering, marine piling and drilling, project management, risk mitigation and the subsea construction, makes him a valuable addition to
Huawei Marine to Build Subsea Cable Network for PNG
Huawei Marine said it will help Papua New Guinea to build a national broadband transmission network to meet the increasing demand for internet connectivity and foster social and economic development across the country. Located in the South Pacific, Papua New Guinea is an island nation with numerous
DNV GL Releases Guideline to Make Diving Work Safer
DNV GL has released a new “Offshore Diving Guideline” to fill the guidance gap and help to make offshore diving work safer. “With offshore diving growing in importance in Germany, we needed to examine the existing regulations and guidelines to make sure that they addressed the specific circumstances
Scientists Recover Core Samples from Chicxulub Impact Crater
A team of international scientists drilled into the site of the asteroid impact, known as the Chicxulub impact crater, which occurred 66 million years ago. The crater is buried several hundred meters below the surface in the Yucatán region of México. Until that time, dinosaurs and marine reptiles do
EofE Ultrasonics Scanning Sonars for Tetis ROVs
EofE Ultrasonics informed it has delivered ten sets of scanning sonar Echologger MRS900 to Tetis Group. The 2000m rated scanning sonar will be installed on Tetis’ ROVs. Echologger MRS900 is optimally design for underwater vehicles with high scanning speed and high resolution images. “It is expected
AXYS Strengthens Footprint in Latin America
AXYS Technologies, a manufacturer of environmental data acquisition systems, has appointed Incostas as its reseller in Latin America. Headquartered in Caracas, Venezuela, and with branch offices in several countries in the region, Incostas offers technical expertise in offshore environments througho