Vantage Drilling Company (“Vantage”) announced that it has received a conditional letter of award for its newbuild drillship the Tungsten Explorer to work in West Africa. The award is for a period of up to four years commencing in mid 2014. The contract has a minimum duration of two years, while the
Offshore Survey, which takes place from 10-11th April 2013 alongside Ocean Business at the National Oceanography Centre in Southampton, has recently launched the conference programme which promises to be the most varied and exciting yet. ‘Offshore’ is rapidly becoming a far broader industry than jus
Badger Explorer ASA (“BXPL”) has signed a sponsorship agreement with Chevron Energy Technology Company, a division of Chevron U.S.A. Inc. (“Chevron”), whereby the company will co-sponsor the development of the Badger autonomous drilling tool through the Badger Explorer Demonstrator Program. The obje
Benin announced plans to install a second submarine broadband cable in order to increase Internet capacity, African Manager informs. The first phase worth around US$35 million will be funded through the credit from the International Development Association (IDA), repayable over 40 years with 10 year
Pacnet announced plans to deploy an optical mesh network with 100 gigabits per second (Gbps) technology and integrated Optical Transport Network (OTN) switching utilizing its wholly owned subsea cable network EAC-C2C, giving it the ability to meet explosive future capacity needs throughout Asia. The
Neon Energy Limited announces that the Company’s farmout of Vietnamese exploration blocks 120 and 105-110/04 (“105”) to Eni Vietnam B.V. (“Eni”), a wholly owned subsidiary of Eni SpA, has received the full and final approval of Petrovietnam and the Government of Vietnam. As disclosed to the market o
Kraken Sonar Systems Inc., a leading marine technology company, announced that it has signed a Contribution Agreement with the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). The funding will be applied to the development of AquaTrak™ – a new Correlation Veloci
Tullow Oil plc (“Tullow”) announces the completion of its acquisition of Spring Energy Norway AS (“Spring”) that was previously announced on 11 December 2012. Roar Tessem, Spring’s CEO, will be Managing Director of Tullow’s Norwegian companies and will have responsibility for Tullow’s assets offshor
Due to technical problems with the front crane the German research vessel Polarstern did not start its third leg to Antarctica yesterday. One important part of the crane’s hydraulic system is broken. Therefore the crew could not complete loading in the port of Punta Arenas, Chile. “The damage is fun
Reef Subsea announced today they have secured new premises in Aberdeen, Scotland, to gather their local teams and operations under one roof namely ‘Reef Subsea House’, located within Altens Industrial Estate, south of the city. The bespoke building will support Group’s companies to continue to devel
Alcatel-Lucent is carrying out a major upgrade of a 9,600km trans-Pacific digital submarine cable system using advanced coherent technology. The cable, owned by 5 major carriers, provides direct connectivity from the Japanese east coast to California. The upgrade will deliver multi-terabit capabilit
In the Awards in Predefined Areas 2012 (APA 2012), the Norwegian Ministry of Petroleum and Energy has offered RWE Dea Norge two new production licences, one of which is an operatorship. RWE Dea Norge will become operator of a new production licence (PL) with a 40% share, PL694. This increases the co
The Alfred Wegener Institute for Polar and Marine Research (AWI) in Germany has engaged in the coastal permafrost erosion research project (COPER) funded by the Helmholz Association and the institute. Kongsberg Geoacoustic’s GeoSwath Plus Compact system is playing a vital part in this important proj
Kongsberg GeoAcoustics recently delivered a full side-scan sonar package to Hyundai Heavy Industries Co. Ltd, Korea, for installation on a new-build survey vessel that will enter operation for the Geological Survey of India (GSI) in 2013. As part of a comprehensive delivery from Kongsberg Maritime,
