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RXT to Conduct OBC Survey Offshore Ireland
Business & Finance

RXT to Conduct OBC Survey Offshore Ireland

The multi-component seismic company Reservoir Exploration Technology ASA (RXT) has received a contract award for an Ocean Bottom Cable survey off the west coast of Ireland. The objective is to improve imaging and data bandwidth at the reservoir target, while also improving multiple elimination. The

about 14 years ago
Austal-Led Wins Additional LCS Contract from US Navy
Business & Finance

Austal-Led Wins Additional LCS Contract from US Navy

Austal’s order backlog has grown by US$691 million as a result of two additional Littoral Combat Ship (LCS) contract options being exercised by the United States Navy. The contract options fund construction of the Gabrielle Giffords (LCS 10) and Omaha (LCS 12), the third and fourth ships in the 10 s

about 14 years ago
Noreco: Luna Well a Duster (Denmark)
Business & Finance

Noreco: Luna Well a Duster (Denmark)

Norwegian Energy Company ASA (Noreco) reports it is in the process of completing the drilling of exploration well Luna-1X in licence 1/11 in Denmark. The well did not encounter hydrocarbons. Luna is located in a small half graben with the pinch out edge to the south east of the structure. The well w

about 14 years ago
Canada: Fugro Geoteam Inks LoA 3D Survey Offshore Newfoundland
Business & Finance

Canada: Fugro Geoteam Inks LoA 3D Survey Offshore Newfoundland

Fugro Geoteam has signed a letter of award with Statoil Canada for a 3-D seismic survey offshore Newfoundland worth over USD 40 million. The survey will be undertaken using one of Fugro Geoteam’s industry leading C-Class seismic vessels during the second and third quarter of this year. Fugro-Geoteam

about 14 years ago
USA: Lockheed Martin Secures USD 715 Million LCS Contract
Business & Finance

USA: Lockheed Martin Secures USD 715 Million LCS Contract

The U.S. Navy has issued a Lockheed Martin-led industry team a $715 million contract modification to add funding for construction of two Littoral Combat Ships (LCS) – the third and fourth in a 10-ship contract awarded in December 2010. The contract modification is for construction of Little Rock (LC

about 14 years ago
Norway: Det Norske Buys Stake in Barents Sea Licence
Business & Finance

Norway: Det Norske Buys Stake in Barents Sea Licence

Det norske oljeselskap ASA, a Norwegian oil company which engages in the exploration, development, and production of petroleum resources on the Norwegian continental shelf, has acquired a 10 percent interest in Production License (PL) 531 from RWE Dea Norge AS. The license is located in blocks 7217/

about 14 years ago
Australia: OTT Launches World’s First Subsea Drill Rig, Ocean Ranger OTO2
Business & Finance

Australia: OTT Launches World’s First Subsea Drill Rig, Ocean Ranger OTO2

Ocean Trenching Technologies (OTT) introduced the Ocean Ranger OTO2 Subsea drill rig. General Manager from OTT Mr Tom Wilson said: “OTT has leveraged its leadership in technology and innovation to design environmentally-friendly subsea equipment.” Mr Wilson stated that OTT success is with the input

about 14 years ago
Statoil, Fugro Pen LoA for Canadian Seismic Survey
Business & Finance

Statoil, Fugro Pen LoA for Canadian Seismic Survey

Fugro Geoteam has signed a letter of award with Statoil Canada for a 3-D seismic survey offshore Newfoundland, a large Canadian island off the east coast of North America. The value of the contract is estimated at over USD 40 million. The survey will be undertaken using one of Fugro Geoteam’s indust

about 14 years ago
USA: ABS to Class Pioneering Arctic Containment System
Business & Finance

USA: ABS to Class Pioneering Arctic Containment System

ABS will class the first-of-its-kind Arctic Containment System (ACS), slated for deployment in June 2012 to serve all exploration activities in the Chukchi and Beaufort seas offshore Alaska. The non self-propelled ice-strengthened barge will be converted to a floating offshore installation and will

about 14 years ago
MEDCO Wins New Port Project in Qatar
Business & Finance

MEDCO Wins New Port Project in Qatar

MEDCO (Middle East Dredging Company Q.S.C.) has been awarded a contract to dredge the approach channel for the ‘New Port Project’ in Qatar for the account of the New Port Project Steering Committee, under the Government of the State of Qatar. The contract also includes the dredging of the basin as w

about 14 years ago
USA: Amphibious Transport Dock San Diego Heads for New Homeport
Business & Finance

USA: Amphibious Transport Dock San Diego Heads for New Homeport

Huntington Ingalls Industries announced today that the company’s sixth amphibious transport dock, San Diego (LPD 22), sailed away from Ingalls Shipbuilding facilities last night en route to her commissioning site in San Diego. “We’re watching this ship leave today with a lot of pride,” said Doug Lou

about 14 years ago
Subsea UK Highlights Benefits of Career in Subsea Sector During Its Visit to Surrey University
Business & Finance

Subsea UK Highlights Benefits of Career in Subsea Sector During Its Visit to Surrey University

Subsea UK recently visited Surrey University to engage with students and highlight the benefits of a career in the subsea sector. Attended by around 60 penultimate and final year undergraduates from Civil, Structural, Chemical and Mechanical Engineering disciplines, and a few studying MSc in Petrole

about 14 years ago
Ireland: Arklow Marine Hands Over Wind Farm Service Vessel Gardian 8
Business & Finance

Ireland: Arklow Marine Hands Over Wind Farm Service Vessel Gardian 8

After the Arklow Marine successfully launched and tested its first 20 m Wind Farm Service Vessel Gardian 8, the vessel departed Arklow last Monday arriving at Ramsgate on Tuesday afternoon. Gardian 8 will be operated by its new owners Dalby Offshore Renewables. To meet current enquiries from the off

about 14 years ago
UK: Forum Subsea Technologies Introduces Tomahawk ROV
Business & Finance

UK: Forum Subsea Technologies Introduces Tomahawk ROV

Forum Subsea Technologies has recently announced a new addition to their ROV fleet, the Tomahawk ROV. It is constructed by Sub-Atlantic at its facility in Aberdeenshire, Scotland. Forum’s Sub-Atlantic fleet includes the class-leading Comanche, Mohican, Super Mohawk, Mohawk, Mojave and Navajo Electri

about 14 years ago
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