CGGVeritas announced today that it has signed an agreement with PetroVietnam Technical Services Corporation (PTSC) to create a marine joint venture company. The newly established company, PTSC CGGVeritas Geophysical Survey Company Limited, is 51% owned by PTSC and 49% owned by CGGVeritas and will de
In conjunction with carefully selected industry partners L&N have successfully designed an industry unique SubSea H.I.P.P.S. package for the Norwegian sector. Managing Director, Alastair Chalmers comments ‘Using our latest 3D AutoCad software our team have engineered a solution which not only meets,
Nexen Inc. advises that it has finalized plans to upgrade the cooling system and return to full production at its Buzzard platform in the North Sea. The cooling medium is expected to be replaced by the end of May. During this period production will be limited to about 80,000 boe/d (gross). Nexen exp
CGGVeritas announced that it has signed an agreement with PT Elnusa Tbk to create a marine joint venture company. The newly established company, PT Elnusa-CGGVeritas Seismic, is 51% owned by Elnusa and 49% owned by CGGVeritas and will deliver 2D and 3D marine seismic acquisition services to oil and
STX OSV Holdings Limited , one of the major global designers and shipbuilders of offshore and specialized vessels, is announced that it has secured new contracts for the design and construction of two Platform Supply Vessels (PSV) for Farstad Shipping. The total value of the contracts amounts close
Tidewater Inc.announced fourth quarter net earnings for the period ended March 31, 2011, of $12.0 million, or $0.23 per share, on revenues of $254.0 million. For fiscal year ended March 31, 2011, net earnings were $105.6 million, or $2.05 per share, on revenues of $1,055.4 million. For fiscal year e
STX OSV Holdings Limited , one of the major global designers and shipbuilders of offshore and specialized vessels, is announced that it has secured new contracts for the design and construction of two Platform Supply Vessels (PSV) for Farstad Shipping. The total value of the contracts amounts close
Nido Petroleum Limited announced that the ‘Atwood Falcon’ deepwater semi-submersible drilling rig spudded the Gindara-1 exploration well at 00:45 hrs on 20 May 2011. The Atwood Falcon rig arrived over the Gindara-1 location at approximately 02:00 hrs on 18 May 2011. Following the setting of the prim
CGGVeritas has launched a new microseismic solution based on the deployment of advanced surface and shallow buried arrays to monitor hydraulic fracture stimulation. The unique CGGVeritas offering combines the expertise and tools of its reservoir services subsidiary, Hampson-Russell Software & Servic
BP today announced that it has reached agreement with MOEX Offshore 2007 LLC (“MOEX”) and its affiliates, Mitsui Oil Exploration Co., Ltd. and MOEX USA Corporation to settle all claims between the companies related to the Deepwater Horizon accident. MOEX – which had a ten per cent interest in the Ma
Diamond Offshore Drilling, Inc. today announced that a subsidiary, Diamond Offshore Drilling Limited, has exercised its option to build a third ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd. with delivery scheduled for the second quarter of 2014. Total cost, including commissionin
Diamond Offshore Drilling, Inc. today announced that a subsidiary, Diamond Offshore Drilling Limited, has exercised its option to build a third ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd. with delivery scheduled for the second quarter of 2014. Total cost, including commissionin
It will not be a great deal of money to start with, but Ashtabula County will get a cut of the revenue from a pilot offshore wind farm… By Carl E. Feather (starbeacon) [mappress] Source: starbeacon, May 20, 2011;
It will not be a great deal of money to start with, but Ashtabula County will get a cut of the revenue from a pilot offshore wind farm… By Carl E. Feather (starbeacon) [mappress] Source: starbeacon, May 20, 2011;
