Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, is pleased to announce that it has signed a contract with Gaz de France Suez E& P Ltd, a leading oil and gas company, to supply its POS-G
Fugro has reached agreement with 27 US and UK investors with respect to new US Private Placement loans to a total amount of USD 909 million equivalent. The loans are denominated in US Dollars (750 million), British Pounds (67.5 million) and Euros (35 million) and have an average coupon of 4.5%. The
SeaBird Exploration PLC provides an operational update regarding its business activities and an update regarding the ongoing evaluation of financing alternatives; VOYAGER EXPLORER AND THE GEO MARINER A three year bareboat contract has been entered into between SBX as disponent owners and Koleth Sing
Songa Offshore SE reports total comprehensive income for the second quarter of 2011 of USD 21.0 million. Operating revenue for the second quarter was USD 125.8 million. This includes mobilization and demobilization revenue of USD 1.9 million. Total expenses for the second quarter were USD 78.2 milli
The single acting, spring-return rack and pinion actuator, model number GSR-2-490-110F/CX, will operate a 16 inch ANSI Class 900 ball valve… (4-traders) [mappress] Source: 4-traders, August 8, 2011;
AGR Field Operations has developed and delivered two subsea engineering training courses for PETRONAS Management Training Sdn Bhd, the management and technical training subsidiary of Malaysia’s national oil company Petroliam Nasional Berhad (PETRONAS). Held during June and July 2011, these courses a
Larsen & Toubro Limited (L&T) has bagged two orders worth USD 639 million from UAE. One order is from Abu Dhabi Gas Industries Limited (GASCO) for its Habshan-Ruwais-Shuweihat Gas Pipeline Project. Valued at around USD 189 million, it involves EPC installation & commissioning of 123 KM of the pipeli
On Friday 23rd July 2011, Dolphin Geophysical welcomed the State Minister of Senegal, Minister of International Cooperation, Air Transportation, Infrastructure and Energy, His Excellency Karim Wade on-board the Artemis Atlantic, along with 60 other journalists and society (Petrosen) members. The inv
Seatronics, an Acteon company announces the addition of a full suite of quality underwater sonar survey equipment recently purchased from EdgeTech. As a world leading supplier of electronic subsea equipment to the Hydrographic, Environmental, Geophysical, Metocean, ROV and Diving industries this rec
China’s deep-diving manned submarine, the Jiaolong, has completed its five dive tests and will return to shore on Aug. 17 and Aug. 18… (peopledaily) [mappress] Source: peopledaily, August 05, 2011;
Universal Engineering have completed and launched their new Subsea Systems Case Study Video to highlight the increasing market development t… (subseauk) [mappress] Source: subseauk, August 05, 2011;
UTEC Survey Australia Pty Ltd., UTEC’s Perth-based business unit, has mobilised the 24-meter geophysical survey catamaran, MV Calypso Star, on a long term basis to support geophysical survey operations in North and North West Australia. The vessel is currently performing survey operations to Oil & G
Shell Pipeline Company confirmed it is considering reversing its 325,000 b/d Houma-to-Houston crude pipeline system… (platts) [mappress] Source: platts, August 5, 2011;
Russia has been granted exploration rights for some of the world’s most potentially lucrative gold and copper fields on the Atlantic Ocean… (themoscownews) [mappress] Source: themoscownews, August 5, 2011;
