Aberdeenshire-based oilfield service company ROMAR International has secured a two year representative agreement extension with US-based Deepwater Rental & Supply, valued at $1.5 million (£945,000). The agreement involves the agent promoting ROMAR’s range of Magnogrid and EZ-Clean ditch magnet produ
Steve Graham, the Deputy Consul-General from the British Embassy in Brazil has officially opened the new premises of offshore technology company Sonardyne Brasil Ltd. in Rio das Ostras. The opening of the new office on Thursday 22nd November coincided with the 20th anniversary of the company first d
Seadrill, an international offshore drilling contractor, has today acquired additional 1,127 shares of Asia Offshore Drilling Limited (AOD). The shares were acquired at price NOK 28.70 per share. Following this acquisition, Seadrill will be the owner of 26,377,643 shares in the Company, correspondin
Detyens Shipyard Inc, based in North Charleston, is being awarded a $13,017,486 firm-fixed-price contract for a 120-calendar day regular overhaul and dry-docking of Military Sealift Command cable laying/repair ship the USNS Zeus. The ship’s primary mission is to install and repair undersea cable sys
Brazil’s HRT PARTICIPAÇÕES EM PETROLEO S.A. (HRT) has signed a Farm-Out Agreement with Galp Energia in regard to the assignment of a 14% participating interest in exploratory rights over three offshore Petroleum Exploration Licences (PEL) in Namibia – specifically PEL 23 in the Walvis Basin and PELs
On Thursday 15 November, the delivery of the 5,500m³ trailing suction hopper dredger, DCI DREDGE XIX, took place at Waalhaven in Rotterdam, the Netherlands. The dredger was received by the Dredging Corporation of India (DCI) Manager Mr YSR Murthy three weeks ahead of the contractual delivery date. I
Engineers at Stanford and the Monterey Bay Aquarium Research Institute (MBARI) have developed a system that allows autonomous underwater vehicles (AUVs) to better anticipate obstacles in their path, enabling them to safely photograph even treacherous, distant reaches of the ocean floor. Taking a ser
ROC advises that BC Petroleum Sdn Bhd (“BCP”), the company incorporated to operate and manage the Balai Cluster Risk Service Contract (“RSC”) in Malaysia, started drilling the Balai 2 well at 1800 hours (Malaysian time) on 26 November 2012. The Balai 2 well is the second well in the pre-development
On 26th of November 2012, the signing ceremony of the 2+6 33,000 DWT Stainless Steel Chemical Tankers between Nantong Mingde Heavy Industry Stock Co., Ltd. and J.O. Invest was held in Nantong JinShi International Hotel. Mingde is the independent designer of the vessels in question. In consideration
Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, announced today that it has developed an independent liquefied natural gas storage tank model, Lobe-Bundle Tank. Hyundai Heavy’s newly-developed LNG storage tank won Approval in Principle from the Japanese classification society Nippon
Quality Positioning Services (QPS) has signed an original equipment manufacturer (OEM) agreement with Esri, the world leader in GIS technology. The agreement enables QPS to bundle its QINSy and Fledermaus products with Esri software and provide a complete hydrographic survey, data management, and ch
Quality Positioning Services (QPS) has signed an original equipment manufacturer (OEM) agreement with Esri, the world leader in GIS technology. The agreement enables QPS to bundle its QINSy and Fledermaus products with Esri software and provide a complete hydrographic survey, data management, and ch
OGX has entered into an agreement with Petrobras to acquire a 40% participating interest in Block BS-4, located in the Santos Basin. The purchase and sale is subject to National Petroleum, Natural Gas and Biofuels Agency (ANP) approval. “We are very pleased with this acquisition, which demonstrates
On 23 November, European Joint Armament Cooperation Organisation OCCAR formally signed acceptance documents on behalf of French defence procurement agency DGA following the delivery of FREMM frigate Aquitaine in compliance with all contractual requirements. Aquitaine is the first FREMM multimission
