Subsea
Shearwater Adds Schlumberger’s Offshore Seismic Unit
Shearwater GeoServices has completed the acquisition of the marine seismic acquisition assets and operations of WesternGeco, the geophysical services product line of Schlumberger. The transaction was completed following receipt of relevant regulatory approvals and satisfaction of customary closing c
PGS Lines Up Vessel Sale
PGS has as part of a tender process offered to sell the Ramform Sterling to the Japan Oil, Gas and Metals National Corporation (JOGMEC). PGS said it has now been informed that the company is the preferred tenderer, and negotiations will be initiated with the aim of concluding necessary contracts. A
Geospace Technologies Buys OptoSeis Technology from PGS
PGS has sold the fiber optic permanent reservoir monitoring solution, OptoSeis to Geospace Technologies. Terms of the transaction include an initial cash payment at closing of $1.8 million and contingent cash payments of up to an additional $23.2 million over a five-and-a-half year earn-out period.
Well-SENSE Rolls Out Active FLI
Downhole sensing technology specialist, Well-SENSE, has launched its latest FiberLine Intervention (FLI) development, ‘Active FLI’. Active FLI builds on the capability of Well-SENSE’s new fiber optic downhole data acquisition system with the addition of a range of discrete measurement devices, the c
Unique Group and Deepwater Corrosion Services Team Up in Middle East
Unique Group has entered into a cooperation agreement with Deepwater Corrosion Services to offer Deepwater’s corrosion control solutions to the Middle East Market. Deepwater delivers solutions to protect offshore infrastructure from corrosion by developing systems to protect, monitor and extend the
Rovco Strengthens Its Team
Rovco has established a dedicated business development team to support its growth plans, as it looks to increase its presence in key international markets. Paolo Cattaneo, Brett Laurenson and Alex Pretty, collectively bring more than 40 years of business development experience to the company. Pretty
OKEA Gets Draugen Nod
The Norwegian Petroleum Safety Authority (PSA) has given OKEA consent to use the facilities on the Draugen field in the Norwegian Sea. In June 2018, OKEA acquired Norske Shell’s interest in Draugen and became the field’s new operator. The transaction was recently approved by the Ministry of Petroleu
Superloop to Connect INDIGO Subsea Cable to NEXTDC’s Data Centres
NEXTDC has signed a partnership agreement with Superloop to connect the new INDIGO subsea cable system to its Perth (P1 and P2) and Sydney (S1 and S2) data centres. NEXTDC’s Sydney customers will be amongst the first to benefit from Asia Pacific’s shortest submarine cable route between Sydney and Si
PGS in South America Shoot
Norwegian seismic player, Petroleum Geo-Services (PGS) has entered into a contract for a 3D survey in South America for an undisclosed client. PGS plans to use two Ramform Titan-class vessels for an estimated total duration of approximately 13 vessel months. Acquisition is scheduled to start in the
SeaBird in New 2D Seismic Survey in Americas
SeaBird Exploration has signed a letter of intent (LoI) to acquire 2D seismic data for an international oil and gas company in the Americas region. The survey is expected to take approximately six weeks, the company informed. SeaBird will deploy Harrier Explorer to conduct the survey in Q1 2019. The
University of Strathclyde Student Recognized by IMechE for His Subsea Dissertation
Cameron Hogan, a fourth year student at the University of Strathclyde has won the Engineering Stimulation Techniques: Outstanding Project award from IMechE (Institute of Mechanical Engineers) for work he completed on his fourth year dissertation project. The project, entitled ‘Metal Additive Manufac
Subsea UK Conference to Examine Potential Outlook of Subsea Sector
The past, present and future of the subsea industry will be examined and discussed at a Subsea UK event in Woking next month. The Back to the Future of Subsea conference will consider the potential outlook of the subsea sector, drawing upon developments over the past 20 years and explore what the fo
BuoyCon Becomes Matrix’s Authorized Repairer in Africa
Matrix Composites & Engineering (Matrix), a provider of drilling riser buoyancy systems to the oil and gas industry, has added BuoyCon Buoyancy Consultants as an authorized repairer of Matrix manufactured buoyancy modules in Africa and the Canary Islands. BuoyCon staff have undergone intensive train
SeaBird Takes Delivery of Eagle Explorer from CGG
SeaBird Exploration has taken delivery of the Geowave Voyager vessel from CGG and renamed it Eagle Explorer. SeaBird acquired Geowave Voyager and certain seismic equipment earlier this year for a cash consideration of USD 17 million and the NOK 120 million private placement to partly fund the acquis