Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, is pleased to announce that it has signed a contract with Gaz de France Suez E& P Ltd, a leading oil and gas company, to supply its POS-G
Fugro has reached agreement with 27 US and UK investors with respect to new US Private Placement loans to a total amount of USD 909 million equivalent. The loans are denominated in US Dollars (750 million), British Pounds (67.5 million) and Euros (35 million) and have an average coupon of 4.5%. The
SeaBird Exploration PLC provides an operational update regarding its business activities and an update regarding the ongoing evaluation of financing alternatives; VOYAGER EXPLORER AND THE GEO MARINER A three year bareboat contract has been entered into between SBX as disponent owners and Koleth Sing
Songa Offshore SE reports total comprehensive income for the second quarter of 2011 of USD 21.0 million. Operating revenue for the second quarter was USD 125.8 million. This includes mobilization and demobilization revenue of USD 1.9 million. Total expenses for the second quarter were USD 78.2 milli
On Friday 23rd July 2011, Dolphin Geophysical welcomed the State Minister of Senegal, Minister of International Cooperation, Air Transportation, Infrastructure and Energy, His Excellency Karim Wade on-board the Artemis Atlantic, along with 60 other journalists and society (Petrosen) members. The inv
Seatronics, an Acteon company announces the addition of a full suite of quality underwater sonar survey equipment recently purchased from EdgeTech. As a world leading supplier of electronic subsea equipment to the Hydrographic, Environmental, Geophysical, Metocean, ROV and Diving industries this rec
Universal Engineering have completed and launched their new Subsea Systems Case Study Video to highlight the increasing market development t… (subseauk) [mappress] Source: subseauk, August 05, 2011;
Russia has been granted exploration rights for some of the world’s most potentially lucrative gold and copper fields on the Atlantic Ocean… (themoscownews) [mappress] Source: themoscownews, August 5, 2011;
Wave energy developer Carnegie Wave Energy Limited has completed its detailed site evaluation and conceptual design study of a proposed 5MW CETO commercial demonstration project in Irish waters. The conceptual design and site project study was 50% funded by the Irish Government’s Sustainable Energy
The Irish-led Venture scientific expedition aboard the national research vessel RV Celtic Explorer has discovered a previously uncharted… (sciencedaily) [mappress] Source: sciencedaily, August 5, 2011;
JSC Shipyard Zaliv completed works over next shipbuilding order for Norwegian holding Ulstein Hull AS. The seismic research vessel project SX 134 became the sixth built by Zaliv by order of this company. Kerch shipbuilders commenced works over this vessel in February current year, and the vessel lay
Nautronix have been awarded significant orders to supply NASDrill RS925 deepwater acoustic positioning systems for Noble Corporation’s three new ultra-deepwater drillships due for delivery second and fourth quarters of 2013, and second quarter of 2014 respectively. These new rigs will be constructed
SeaBird Exploration PLC provides a contract update regarding its business activities as set out below; Immediately following completion of the Rosebank second stage survey for Chevron North Sea Limited and Partners expected mid August, a contract has been signed for the Hugin Explorer and Munin Expl
ENERGY regulator Ofgem revealed plans to boost the transfer of energy from Scotland to England at a cost of £1 billion… (heraldscotland) [mappress] Source: heraldscotland, August 4, 2011;