Royal Netherlands Navy Locate Two Drowning Victims with VideoRay ROVs within Two Months of the Systems Being Delivered On January 10, 2012 VideoRay LLC of Phoenixville, PA, along with Dutch partner Nautikaris BV of Ijmuiden, Netherlands, completed the site acceptance test of four VideoRay Pro 4 subm
Kosmos Energy announced has exercised a right under the existing Joint Operating Agreement to acquire the participating interest of Sabre Oil & Gas Holdings Limited in the Deepwater Tano Block, offshore Ghana. The purchase price is estimated to be approximately $365 million, with up to an additional
Harris Pye Group has recently completed the survey and upgrade of Diamond Offshore Drilling Inc’s (DODI) dynamically positioned drillship, the Ocean Clipper. All work was completed well within schedule and P Thomas Geiger, P.E., Director, Projects Department of DODI has written to Harris Pye stating
A.P. Moller – Maersk Group, a worldwide conglomerate, releases 2011 annual report with revenue increased by 7% to USD 60.2bn (USD 56.1bn), positively affected by higher oil prices and container volumes but offset by lower container freight rates. Profit was USD 3.4bn (USD 5.0bn) and thus in accordan
Rowan Companies, Inc., a major provider of international and domestic offshore contract drilling services with a leading position in high-specification jack-up rigs, announces that in the 4th quarter 2011 the company generated net income from continuing operations of $33.1 million or to $35.1 millio
The oil removal activities recommenced on 24 February with the crane barge ‘Meloria’ and bunker barge ‘Magic Duba’ repositioned alongside the Costa Concordia just behind the stabilizer (large fin which is sticking out from the ship). Oil has been removed from three different double bottom tanks and
Russian Navy will receive stand-alone unmanned submersibles made in Iceland. Russian defense ministry plans to spend RUR 744.244 mln on eight autonomous unmanned submersibles produced by Teledyne Gavia (Iceland), reports Nezavisimaya Gazeta newspsper. Three underwater robots are expected to join Rus
Polarcus Limited announces that the Company has received a Letter of Intent from an undisclosed client for a 3D seismic acquisition project offshore NW Europe. The program will commence imminently and is expected to run for approximately 75 days. About Polarcus Polarcus is a pure play marine geophys
A major construction project starts this week at Portsmouth International Port to lengthen one of the berths used by ferries and cruise ships. Berth 2 will be extended by nearly 50 metres. This will improve flexibility at the Port, allowing for a greater number of larger ships to be docked at any on
EMAS AMC, the subsea division of Ezra Holdings Limited (“Ezra”), today announces that it has been awarded a contract by Apache Energy Limited (“Apache”) to perform subsea transport and installation work for the Coniston Field Development located in Northwest Australia. The base scope for the contrac
MEO Australia Limited advises that the S/R Veritas Viking II completed acquisition of the Floyd 3D seismic survey in WA-454-P in the Joseph Bonaparte Gulf region of the Timor Sea (Petrel sub-basin). A total of 601 km2 of full fold data was recorded. The survey will now be processed and is expected t
EMAS AMC, the subsea division of Ezra Holdings Limited announces that it has been awarded a contract by Apache Energy Limited to perform subsea transport and installation work for the Coniston Field Development located in Northwest Australia. The base scope for the contract works is currently approx
A/S Norske Shell has awarded Aibel AS a contract for modifications to the Draugen platform. The contract value is estimated at around NOK 6 billion (USD 1.07 billion). The contract will run for six years and has options for an additional two plus two years. “This is fantastic. Norske Shell is a new
Transfer/windfarm service vessel Mobimar 18 Wind was launched yesterday, on the 27th of February. The quay trials started immediately and the main propulsion system with the side propulsions will be commissioned later this week. The hydraulics will be pressurised after the engines and the auxiliary
