CGGVeritas provides its vessel utilization, multi-client sales and free cash flow updates for the fourth quarter and for the full year 2012. Vessel Utilization Rates – For the fourth quarter 2012, The vessel availability rate was 93%. This compares to a 93% availability rate in the third quarter of
Metocean Services International (Pty) Ltd announced that it has successfully completed a 12 month metocean measurement project for Total E&P Congo (Total) in the Moho-Nord Field offshore Congo, in approximately 820m water depth. The objective of the programme was to provide Total E&P Congo with a re
France’s Ports of Normandy Authority (PNA) is planning to harness the power of the sea, reports NewNet. Since the port of Cherbourg is located close to the Raz Blanchard, which is known for strong currents, this makes it ideal for tidal energy development. To be able to install tidal generators, the
Kreuz Holdings Limited (“Kreuz” or together with its subsidiaries, the “Group”), an integrated subsea service provider for the oil and gas industry, announced that it has been the recipient of subsea installation contract awards worth US$15.5 million for projects in Southeast Asia. This comprises a
The Renewable Energy Team (RET), which was set up by Guernsey’s Department for Commerce and Employment, confirmed that offshore renewables, especially offshore wind, are feasible resources for the island, according to This is Guernsey news portal. RET bases its conclusion on findings of the studies
Subsea 7 S.A. announced that it is to consolidate its Renewable Energy Division into its 50% owned joint venture Seaway Heavy Lifting (SHL). The consolidation will rationalise Subsea 7’s offering to the renewables market, and enable SHL to leverage Subsea 7’s engineering and project management exper
Kongsberg Geoacoustics based in Great Yarmouth, UK have recently delivered their “GeoSwath Plus” combined shallow water multibeam and side scan system to various well respected research institutes. The system can be supplied in a wide choice of frequencies and configurations depending upon the inten
Vallourec, world leader in premium tubular solutions, announces the renewal of its main frame agreement with Brazilian national oil company Petrobras. Vallourec’s Brazilian subsidiary V & M do BRASIL and Petrobras have signed a 5-year-contract to supply Petrobras’ operations with premium OCTG produc
As part of its continued commitment to rigorous oversight of oil and gas activities in the Arctic, Secretary of the Interior Ken Salazar announced that the Department has launched an expedited, high-level assessment of the 2012 offshore drilling program in the Beaufort and Chukchi Seas to review pra
DOF Subsea Group has secured multiple contract awards in the North Sea and the Asia Pacific region, with a total contract value of about USD 130 million. In the North Sea region DOF Subsea has secured multiple contracts. The contracts have been agreed with key clients in UK and Norway. The scopes co
CARIS and EIVA have signed a Memorandum of Understanding (MoU) to collaborate on providing offshore survey organizations with a tightly integrated and streamlined solution. Both companies develop state-of-the-art software for the marine offshore market. CARIS is a world leader in software for hydrog
Statoil and the Aasta Hansteen partners have submitted the plan for development and operation (PDO) of the field to the Ministry of Petroleum and Energy. Furthermore Statoil and the Polarled Development Project partners have submitted the plan for installation and operation (PIO). This represents a
Premier Chemicals Limited a Global Chemical Distributor are celebrating 1yr of supply to the North Sea Subsea Sector. Premier Chemicals supply diving gas purification chemicals such as Soda Lime and have contracts with a number of the large SURF contractors based in Aberdeen. Stephen Lyons, Sales Di
ArGe Baltic 2 foundations, a Joint Venture between Hochtief and GeoSea, has awarded Ulstein Idea Equipment Solutions BV a contract for the Engineering, Procurement, Construction and Installation (EPCI) of a complete pile upend as well as lifting tool for the Baltic 2 wind farm installation project.
