Polarcus Limited announces that the Company has signed a five year Bareboat Charter Party Agreement (BBCP) with OAO Sovcomflot (SCF) of Russia. Under the terms of the BBCP Sovcomflot will charter POLARCUS SELMA, inclusive of an 8 streamer seismic equipment package, from Polarcus at a rate of USD 69,
SapuraCrest Petroleum Berhad Monday signed a conditional agreement to acquire Clough Limited’s marine construction and offshore engineering operations in Australia, UK and US for a cash consideration of AU$127 million The agreement was signed in Perth, Australia, by SapuraCrest Executive Vice-Chairm
Polarcus Limited announced that Polarcus Selma Ltd, a member of the Polarcus Group, took delivery on 08 August 2011 of Polarcus Selma, the sixth 3D seismic vessel to date to join the Polarcus fleet. Polarcus Selma is the sister ship to Polarcus Samur, delivered to the Polarcus Group in March 2011. T
The appointment of a new Inward Investment Director by the Norfolk and Suffolk Energy Alliance (NSEA) will create significant investment opportunities for the energy industry in the two counties. James Gray started work this month for the alliance, which is a partnership between Suffolk County Counc
NetSurvey (part of the MMT Group) have been awarded Lot 2 of the Civil Hydrography Programme (CHP) by the UK Maritime and Coastguard Agency (MCA). This is a multi million pound, multi year contract with options for extensions. The CHP surveys are the most technically advanced hydrographic surveys cu
Renewables developer Tidal Energy has been awarded £390,000 by the Carbon Trust to help fund environmental monitoring at its consented Ramse… (nce) [mappress] Source: nce, August 10, 2011;
Hyperdynamics Corporation has engaged the University of Arizona Department of Geosciences for a two-year study of geology and tectonic history of its exploration block offshore Guinea, including the identification and characterization of igneous rocks and associated sedimentary features from 2-D and
CTC Marine Projects, Ltd, a subsidiary of DeepOcean Group Holding AS, has announced that the multi-role construction vessel, Volantis, part… (subseauk) [mappress] Source: subseauk, August 10, 2011;
Aker Solutions will publish its 2nd quarter results 2011 at the Oslo Stock Exchange on Friday 12 August at 7.00 a.m. Central European Time. The results presentation will be held at Aker Hus, Fornebu at 09.00 a.m. the same morning. They invite investors, analysts and the media to Aker Solutions’ resu
Promex Braila, the only producer of construction equipment in Romania, has expanded cooperation with Norwegian company Grenland Offshore… (Agerpres) [mappress] Source: Agerpres, August 10, 2011;
Offshore Design Engineering Ltd. (ODE) has won an Integrated Services Contract, to continue providing operations and engineering support to all of E.ON Ruhrgas UK’s operated fixed and subsea assets in the UK North Sea. The contract, worth up to £35M, will also cover the provision of services to any
VAALCO Energy, Inc. today reported net income attributable to VAALCO of $11.8 million, or $0.20 per diluted share, for the second quarter of 2011 compared to a net income attributable to VAALCO of $10 million, or $0.18 per diluted share, for the comparable period in 2010. Second quarter 2011 revenue
A new green standard for the scuba diving industry will promote businesses that protect the ocean… (sustainablebusiness) [mappress] Source: sustainablebusiness, August 10, 2011;
The United Kingdom’s coastlines have been a testing ground for tidal energy for years. This summer, Londoners are giving river power a go… (smartplanet)
