In completing over 85% of all energy resources assessments for the domestic scene, Partrac have established themselves as the leading survey company able to deliver high quality data from these environments. Technical Director Kevin Black said: “We have just completed internal reviews for our 2012 A
Chevron Corporation announced the 20th discovery off the Western Australian coast since mid-2009 by its Australian subsidiary following further drilling success in the Exmouth Plateau area, located in the prolific Carnarvon Basin, a premier hydrocarbon basin. The Kentish Knock South-1 exploration di
Resolute Marine Energy (RME) announced that its preliminary permit application to the Federal Energy Regulatory Commission (FERC) has been approved, marking the official start of the Yakutat, Alaska Wave Energy Project. “This approval is an important milestone for RME. After several years of researc
ABB, the leading power and automation technology group, has won orders worth $160 million from Jurong Shipyard Pte Ltd. for the design, supply, supervision of installation, testing and commissioning of the main electrical systems for seven next generation drill ships that will operate in the deep wa
Oceaneering International, Inc. announced that it has secured an order from BP Exploration Operating Company Limited (BP), a subsidiary of BP plc, to supply umbilicals for BP’s Quad 204 field development west of Shetland, United Kingdom. This order adds over $45 million to Oceaneering’s Subsea Produ
Leading oil and gas concept development and project management company EPC Offshore has won the coveted Subsea Company of the Year title at the Subsea UK Business Awards 2013. The top accolade, which acknowledges excellence and achievement in the subsea industry, was awarded to EPC Offshore in recog
TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology, announced that it has completed another long-haul network upgrade, this time to the Trans-Pacific Express (TPE) submarine cable system. The upgrade to the 18,000 km system brings an increase of o
GC Rieber Shipping has agreed to sell the 2D seismic vessel “Polar Explorer”, built in 1988. The vessel has been sold at book value, and the transaction will have a positive cash effect of approximately NOK 45 million. The “Polar Explorer” (previously “Geo Explorer”) was acquired by GC Rieber Shippi
Technip Offshore Wind has safely and successfully completed contractual work on the installation of 38 array and 8 substation cables on the Lincs wind farm located off the Lincolnshire coast. The project was the first to use the award-winning Pull-In Module (PIM) Technology. Geoff Fisher, Vice Presi
A host of successes within the subsea sector were celebrated last night at Subsea UK’s seventh annual awards ceremony, which aims to recognise innovation and outstanding achievements across the UK subsea industry. Sponsored by Forum Energy Technologies, the dinner attracted over 800 guests from acro
GDF SUEZ has signed a partnership agreement with Cofely Endel, its subsidiary specialized in industrial maintenance, the hydro turbine equipment design company Voith Hydro, the French shipbuilder Constructions Mécaniques de Normandie (CMN) and ACE. Through this partnership, GDF SUEZ reaffirms its ma
EMGS, the marine EM market leader, which uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons, has announced yesterday the full year and fourth quarter results 2012. The highlights in the fourth quarter 2012 were revenues of
Paul Otway of Jee Ltd has been awarded the Young Emerging Talent award at the Subsea UK Business Awards at the Aberdeen Exhibition and Conference Centre on 6 February. The award is designed to recognise young individuals showing the most promise in the subsea sector. Paul, 27, won for his work on pr
TGS reports net revenues of USD 281.4 million in Q4 2012, compared to USD 180.9 million in Q4 2011, a 56% increase. The Company’s operational multi-client investments were USD 95.3 million, up 56% from Q4 2011. TGS’ net late sales totaled USD 203.7 million, up 29% from Q4 2011. At the meeting held o
