Discovery Offshore S.A. announced today that Hercules Offshore Inc. has on 8 August 2012 acquired 2,658,500 shares in Discovery Offshore at an average price of approximately NOK9.50 per share. Following the acquisition, Hercules Offshore holds 21,012,834 shares in the Company, corresponding to 32.1%
Deep Down, Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services announced Deep Down has been successful in its proposal to a major international umbilical manufacturer for the manufacture, installation and commis
Providence Resources P.l.c., the Irish oil and gas exploration and production company, has, together with its partner Lansdowne Oil and Gas plc (“Lansdowne”), a new licensing option over five part blocks adjacent to the Barryroe oil field, by the Irish Department of Communications, Energy and Natura
Aberdeen-based subsea installation contractor Bibby Offshore is leading the way in saturation diving safety in the North Sea after recently carrying out fully successful evacuation trials. The trials involved mating a Self Propelled Hyperbaric Lifeboat (SPHL) from the company’s Diving Support Vessel
Liquid Robotics®, an ocean data services provider and developer of the Wave Glider®, the first wave-powered, autonomous marine robot, announced at AUVSI 2012 the formation of a wholly owned subsidiary, Liquid Robotics Federal, LLC, and named Grant Palmer as the Senior Vice-President leading the subs
As offshore wind developments move further offshore, into deeper waters with more extreme weather conditions, the challenge of providing operations and maintenance (O&M) support safely and cost effectively grows. The Fjellstrand WindServer is one of the new generation of offshore service vessels who
Deep Down, Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services has been successful in its proposal to a major international umbilical manufacturer for the manufacture, installation and commissioning of a portabl
Aberdeen-based subsea installation contractor Bibby Offshore is leading the way in saturation diving safety in the North Sea after recently carrying out fully successful evacuation trials. The trials involved mating a Self Propelled Hyperbaric Lifeboat (SPHL) from the company’s Diving Support Vessel
A rapidly evolving and award winning new subsea business has secured £60,000 in public sector funding to support its business growth and expansion overseas. The cash boost from Scottish Enterprise and Scottish Development International will help ROVOP, based in Westhill, Aberdeenshire, to both explo
A rapidly evolving and award winning new subsea business has secured £60,000 in public sector funding to support its business growth and expansion overseas. The cash boost from Scottish Enterprise and Scottish Development International will help ROVOP, based in Westhill, Aberdeenshire, to both explo
From August 11 to 12, IMO Secretary-General Koji Sekimizu will be among the high-level attendees as the Expo 2012 World Fair in Yeosu, Korea, nears its close. The Expo, which runs from 12 May to 12 August 2012, is being held in Korea’s southern port city of Yeosu, under the theme: The Living Ocean a
Fenner’s wholly owned subsidiary, Fenner Norway AS, has today exchanged contracts to purchase 100% of the share capital of Norwegian Seals, a privately owned group of companies with operations in Norway and the UK. Norwegian Seals manufactures and distributes performance critical seals into the oil
Coda Octopus Group, Inc. has announced that following extensive and successful trials, Fugro Chance in Houston, Texas and Lafayette, Louisiana have purchased and rented a number of Coda Octopus real-time patented sonars, the Echoscope®, which have now been delivered. This is a pivotal sale for the E
Coda Octopus Group, Inc. announces that following extensive and successful trials, Fugro Chance in Houston, Texas and Lafayette, Louisiana have purchased and rented a number of Coda Octopus real-time patented sonars, the Echoscope®, which have now been delivered. This is a pivotal sale for the Echos