Subsea
AGR’s Software Solutions Experts Design O&G Software
AGR’s Software Solutions division offers software developed and applied in-house by the Company’s experts for experts in the upstream oil and gas industry. Based on knowledge and experience gained through many drilling operations completed by AGR engineers, AGR has built software solutions that will
DOF Subsea Lands USD 800 Mln Worth of Contracts
The DOF Subsea Group has been awarded contracts with a total value of USD 800 million, including options. DOF Subsea has, through its subsidiary DOF Subsea Chartering AS, entered into a time charter agreement with Technip for the newbuild VARD 800. The time charter contract starts when the vessel is
Scientists to Develop Micro Sensor for Ocean Acidification Monitoring
The first step in developing a cost-effective micro sensor for long-term monitoring of ocean acidification has been achieved by a team of scientists and engineers. The new technology, that will measure pH levels in seawater, was developed by engineers from the National Oceanography Centre, in close
ADBP Present at Ports and Terminal Technology Conference
Anthony D Bates Partnership LLP (ADBP) specialise in harbour engineering, dredging and dredging related activities. As part of their extensive dredging experience a relatively common theme has repeated itself many times to the detriment of Port’s and Harbour’s. This being the lack of awareness of th
Dolphin Delivers Solid Operating Margins for Third Quarter
Dolphin Geophysical AS, a global full-range, asset light supplier of marine geophysical services announced revenues of USD 70.1 million in Q3 2013, compared to USD 61.2 million in Q3 2012. Quarterly highlights – Q3 2013: – EBITDA of USD 26.4 million (38%), compared to USD 28.9 million in Q3 2012 – E
PGS MultiClient Acquisition Combines Towed Streamer EM with 2D Seismic Offshore Ireland
Petroleum Geo-Services (PGS) has completed the first ever full-scale simultaneous acquisition of towed streamer EM and 2D GeoStreamer® seismic. The first datasets for this MultiClient acquisition will be available late Q2 2014. The program, which was undertaken with industry support, consisted of ap
Faroe Petroleum Acquires Remaining Interest in Lowlander Discovery (UK)
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, announces that it has acquired the remaining 50 per cent interest in the Lowlander oil discovery in the UK Central North
EMGS Revenues Drop in Third Quarter 2013
Electromagnetic Geoservices ASA’s (EMGS) reported revenues of USD 23.6 million in the third quarter 2013, down from USD 44.4 million in the previous quarter and from USD 43.2 million in the third quarter last year. Contract sales totalled USD 21.5 million, while multi-client sales came in at USD 2.1
Unison’s Machines Reduce FMC Technologies’ Build Times
All-electric tube bending machines from Unison are helping FMC Technologies – the leading supplier of subsea tree hydraulic control systems for wellheads – to substantially reduce build times and multiply its manufacturing capacity. Six sites worldwide now use Unison tube bending machines in a new p
Subsea UK’s Toolkit to Increase Industry Workforce
Subsea UK has developed a “toolkit” to help companies grow their own talent as the industry faces a massive shortfall of people. The industry body, which represents the £8.9 billion subsea sector, revealed that British subsea companies need around 16,000 to help them grow to £11 billion and increase
Bibby Offshore Adds CSV Olympic ARES to Its Fleet
Aberdeen-based subsea installation contractor Bibby Offshore has signed a charter agreement for construction support vessel (CSV), the Olympic ARES. The agreement with Olympic Shipping will initially be a seasonal charter beginning at the end of Q1 2014 with options to extend. The vessel will be mob
Deep Green Produces Electricity Off Ireland
The Deep Green ‘underwater kite’ marine power plant is now producing electricity in the waters off Northern Ireland. This is the first time ever a marine power plant designed for low velocity currents produces electricity at sea, anywhere in the world, and the ocean trials verify the ability to unlo
Dolphin Increases Loan Facility for Financing of New Seismic Equipment
Dolphin Geophysical AS, a wholly-owned subsidiary of Dolphin Group ASA, has today entered into a term sheet with DNB Bank ASA and SpareBank 1 SR-Bank ASA, which contemplates an increase of the existing Loan Facility by USD 20 million to the total amount of USD 93 million. Currently USD 50 million is
IHC Merwede CEO Steps Down
IHC Merwede’s CEO, Dirk Philips, will step back from his role within the company. Over the past two months, he has led the Board of Management to formulate some important aspects of IHC Merwede’s future business strategy, as well as the appropriate organisation required to implement it. The mutual d