MMT Group has signed a long term charter agreement for the Survey Vessel Oceanstar. Oceanstar is a 26 m converted Dutch fishing trawler. MMT Group have fitted her out with the latest state-of-the-art survey equipment including a Kongsberg EM2040 dual head multibeam system, Applanix POSMV 320 inertia
Reef Subsea AS announced that they have been awarded a contract with Talisman Energy (UK) Ltd for the provision of two maintenance support vessels. Reef Subsea’s newly delivered vessels, Reef Despina and Reef Larissa, will fulfil the contract for Talisman, which involves supporting the company’s Bro
The European Marine Energy Centre (EMEC) has strengthened its senior team with the appointment of marine renewable energy expert Max Carcas of Caelulum Ltd to work on external liaison activities. Mr Carcas will work with EMEC to assist the world-leading wave and tidal energy test facility boost its
Kvaerner is preparing for a significant growth in its home market and invests approximately NOK 250 million in upgrades of its facilities at Stord. The major investments will be increased lifting and trailing capacity, including a new Goliath gantry crane. “We have won some major contracts and are p
GC Rieber Shipping ASA, through its wholly owned subsidiary Polar Ship Invest IV AS, has offered to acquire all outstanding shares in Armada Seismic ASA not currently owned by Polar. Armada was founded in 2010 with the purpose of acquiring two high-end 3D vessels from Factorias Vulcano in Spain. At
Petroleum Geo-Services ASA (PGS) has announced results for first quarter of 2012 with the following highlights: – Revenues of $365.0 million, up 51% from Q1 2011 – EBITDA of $145.7 million, up 100% from Q1 2011 – EBIT of $35.8 million, up $33.3 million from Q1 2011 – Total MultiClient revenues of $1
Enventi announces the completion of its comprehensive investigation into power cable installation in the offshore wind industry which forms part of the company’s strategic move into the design of offshore wind farm infrastructure. Enventi’s General Manager, Scott Macknocher commented on the findings
Statoil’s first quarter 2012 net operating income was NOK 57.9 billion, a 14% increase compared to NOK 50.8 billion in the first quarter of 2011. “Statoil grew production by 11% and realised high oil and gas prices in the first quarter of 2012, generating strong financial results for the period. Pro
Nautimus, the new Scottish company, has been established by Vattenfall, with support from leading UK engineering support services firm Babcock and Abengoa, the international company that applies innovative technology solutions for sustainable development in the energy and environment sectors. The co
A marine data acquisition company, Partrac announces that it will be exhibiting at the RenewableUK Global Offshore Wind Conference and Exhibition on the 13th and 14th June in London ExCel within the Scottish Pavillion. Partrac has the expertise in providing oceanography, marine geosciences and envir
The fact that Ireland is one of the countries that has the best waves is not a secret, but how to make use of those waves in terms of making energy? TheJournal.ie reports that this has been a crucial question for many years now and Ireland has invested a vast amount of money and time […]
An important advancement in stopping the leak on the G4 well on the Elgin complex was made on 4 May when the semi-submersible drilling rig, the West Phoenix, moved within the current exclusion zone ready to position itself directly alongside the complex. This dynamically positioned rig will be the m
Anti-terror exercise took place at Caspian Flotilla (CF) naval base Astrakhan. About 200 servicemen were involved in the exercise, as well as 15 ships and boats. According to scenario, patrolmen found concealed cases with explosives and diving outfit on the bank of the Volga River. Officer on duty a
DNV has, as part of a strategic partnership with StormGeo, acquired the right to purchase 22,7 % of StormGeo’s shares through a mutually convertible capital issue. The core focus of StormGeo will remain within the fields of oil exploration, renewable energy as well as shipping, media and aviation. F
