Subsea
Veripos to Provide Precise Satellite Positioning for Swire Pacific Offshore
Swire Pacific Offshore Operations (Pte) Ltd (SPO), one of the world’s leading owners and operators of quality support vessels to the offshore sector has awarded a three-year contract to Veripos for the provision of precise satellite positioning. Under the terms of the contract, Veripos will provide
Ukrainian Navy Continues Hydrographic Expedition in Black and Azov Seas
The Ukrainian Navy continue the scheduled survey of the hydrological and hydrometeorological conditions of Black and Azov Seas. The special vessel Pereyaslav with a group of navigational and hydrographic and hydrometeorological support has put out to sea for the second hydrogeographical expedition i
Carnegie Completes $4 Mln Capital Raise to Accelerate CETO 6 Development
Wave energy developer Carnegie Wave Energy Limited announces that it has completed a capital raise of $4 million by issuing convertible notes to provide early access to the expected R&D tax refund for the financial year ended 30 June 2014. The funds will be used to fast track the design of the CETO
Hydrex Conducts Underwater PBCF Installations in Antwerp and Ghent
Last month Hydrex installed Propeller Boss Cap Fins (PBCF) on two tankers during their respective stops in Ghent and Antwerp. As a result of the underwater operation, the ships will not have to wait for their next drydock visit to start benefitting from the fuel savings the PBCF’s will bring them. T
Island Intervention Gets New MacGregor 250-Tonne SWL AHC Subsea Crane
MacGregor, part of Cargotec, has won a contract to deliver a 250-tonne SWL active heave-compensated (AHC) subsea crane for the 120m construction vessel, Island Intervention. The crane was ordered by Marine Procurement Ltd, part of the US company Edison Chouest Offshore. An existing vessel operated b
AGR Enhanced Drilling Celebrates Decade of Riserless Mud Recovery (RMR®) System
Offshore technology provider AGR Enhanced Drilling is celebrating 10 years of its Riserless Mud Recovery (RMR®) system – trusted to reduce risk on more than 200 wells worldwide to date. RMR® is an innovative way to return mud and cuttings to the rig before the riser is run, without any discharge to
Polarcus Awarded Multiple 3D Seismic Contracts
Polarcus Limited (“Polarcus” or the “Company”) announces that the Company has received Letters of Intent from four undisclosed clients for separate 3D seismic acquisition projects offshore New Zealand, East Africa, and West Africa. The current contract backlog inclusive of the bareboat charter of Vy
Top News of the Week of Nov 11 – Nov 17, 2013
1. FSG Launches Amazon Warrior Seismic Vessel Flensburger Schiffbau-Gesellschaft successfully launched the first of two offshore seismic vessels for the WesternGeco concern. The ship was Hull No. FSG 760 and she was named Amazon Warrior. 2. DOF Subsea Lands USD 800 Mln Worth of Contracts The DOF Sub
TAQA Sells Stake in Noordgastransport
TAQA, the international energy company from Abu Dhabi, has reached an agreement with PensionDanmark A/S, the Danish pension fund, to sell its stake in the Noordgastransport B.V. (NGT) natural gas pipeline in the Netherlands. NGT consists of approximately 470 kilometres of offshore pipeline with a da
ClampOn Subsea CEM for West Delta Deep Marine Phase IXa Project
ClampOn has been awarded a contract from Saipem for the supply of ClampOn Subsea CEM®, Corrosion-Erosion Monitors. This is one of the largest contracts received by ClampOn to date. The CEM systems will be configured with the latest technology and may be upgraded with the capability to perform tomogr
Antrim Energy: Causeway Production Increases Cash Flow
Antrim Energy Inc., an international oil and gas exploration and production company, reported its financial and operational results for the three and nine month period ended September 30, 2013. In the nine month period ended September 30, 2013, Antrim generated cash flow from operations of $9.1 mill
NPD, Diskos Award Databases Software and Operation Contracts to CGG
The Norwegian Petroleum Directorate (NPD) and the oil companies in the Diskos group have awarded contracts for software and operation of the Diskos databases to CGG. The contracts apply for the period 2015 to 2020. The contract award is a result of a comprehensive public procurement process, in whic
Reef Subsea Extends Charter Contract with GC Rieber for Polar King
The subsea service company Reef Subsea has exercised its option to extend the charter party for the subsea vessel “Polar King” with nine months. This extends the current contract until February 2015. Reef Subsea has an option of extending the contract for another 15 months. “Polar King” has been on
Bumi Armada Gets LOIA for North Sea FPSO
Bumi Armada Berhad announced today that EnQuest Heather Limited together with EnQuest ENS Limited, First Oil and Gas Limited, Nautical Petroleum Limited and Nautical Petroleum AG have via a Letter of Interim Agreement (“LOIA”), confirmed their intention to award a contract for the supply and operati