Following Jean-Georges Malcor, CEO, proposal, the Board of directors appointed Stéphane-Paul Frydman and Pascal Rouiller as CGGVeritas Senior Executive Vice-Presidents. Stéphane-Paul Frydman will assist the CEO and head Strategy, Legal and Investor Relations departments. He will also continue his ex
Ezra Holdings Limited, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, has sold 60 million shares in SGX-listed Ezion Holdings Limited (Ezion) as part of its capital allocation strategy. This divestment will strengthen Ezra’s cash
Finnish renewable technology developer, Wello Ltd, has announced that its Penguin wave energy converter is ready for full-scale deployment at the European Marine Energy Centre (EMEC) in Orkney, following successful testing. Wello’s 0.5 MW Penguin device, which produces sustainable power through wave
Vos Prodect Innovations B.V. has been contracted by Norddeutsche Seekabelwerke GmbH (NSW), for the supply of Cable Hang-off Systems for an offshore wind farm project in the North Sea. The second supply contract has been achieved by satisfying the technical and commercial requirements of the subject
Veripos, world leaders for provision of high-precision GNSS positioning solutions for the offshore oil and gas industry, has extended the North West European sector of its global multi-source network with the establishment of new reference station facilities at Hammerfest in northern Norway. The new
The State Oil Company of Azerbaijan (SOCAR) has started the 3D seismic data acquisition over two offshore blocks, Umid and Babak. The geophysical survey started on 27 February and is being conducted by Caspian Geophysical from its vessel named Gilavar. According to the company, these exploration act
Norddeutsche Seekabelwerke GmbH (NSW) has agreed to long-term charter the DP2 vessel MV Aura from the Finnish Meriaura Ltd for use in subsea cable installation projects in the North and Baltic Sea. Under the terms of the agreement NSW will charter the vessel starting in summer 2012. Constructed in 2
The Type-Approved BALPURE® ballast water treatment system from Severn Trent De Nora has been selected for use by EMAS on the “Lewek Constellation”, a 22,000-dwt ultra deep water rigid & flexible pipelay / heavy lift / construction vessel DP3. The “Lewek Constellation” is being built in Vung Tau, Vie
Lars Christian Bacher has been appointed executive vice president for Development and Production International (DPI) in Statoil and will take up his new position as of 1 September. Bacher will succeed Peter Mellbye who is retiring after 30 years with the company. Lars Christian Bacher holds a master
CGGVeritas Board of Directors approved on February 29, 2012, the 2011 financial statements of the Company, on which the independent auditors are in the process of completing their audit procedures. Fourth Quarter 2011 key figures: * 2011 Revenue up 10% and Cash Flow from Operations up 36% * Operatin
CSA International, Inc. (CSA) has taken delivery of Shark Marine Technologies, Inc.’s Navigator, a self-contained, highly portable, diver-directed mapping system with high accuracy positioning. Accuracy and precision is critical in creating quality data and mapping products, and CSA wanted a compact
Markey Machinery announce that it has been awarded an order for a complete suite of winch systems onboard AGOR-27, a new academic research vessel under construction at Dakota Creek Industries, (Anacortes, Washington). Sponsored by the US Navy’s Office of Naval Research, this award continues a plan t
Swire Pacific Offshore Operations (Pte) Limited (SPO) announces the receipt of Fugro’s “Top Notch Award for 2011” for the performance of its 6-streamer 3D seismic survey vessel, Geo Natuna. The award was introduced by Fugro Geoteam two years ago to recognise the vessel with the lowest downtime in th
Unique Maritime Group, one of the world’s leading integrated turnkey subsea and offshore solution providers announce that they have recently delivered two Echoscope 3D Sonars to DI-MEDCO, a joint venture between Dredging International and Middle East Dredging Company for the planned shore protection
