Viper Subsea has signed a Joint Industry Project (JIP) agreement with energy giants BP and Total to further develop its Subsea Line Insulation Monitoring (V-SLIM) technology for identifying and locating cable and connector faults in remote subsea electrical distribution systems. Viper Subsea will ca
This year the Luka Koper share has recorded one of the largest growths on Ljubljana’s stock exchange, and this is ultimately the result of the company’s good performance in 2013, Gašpar Gašpar Mišič, the Management Board President of Luka Koper d.d., said in his Letter to Shareholders today. “In the
Geoforce, Inc., an international provider of Track & Trace and Asset Management solutions for oil and gas operating companies, services providers, and rental equipment suppliers, has announced at the OTC Asia Conference in Kuala Lumpur, Malaysia that it has established its second international subsi
MMT Group has announced that its new Kongsberg EM2040D. A 0.4 x 0.7 degree dual head multibeam system has been installed on MMT’s long term charted multipurpose support vessel Stril Explorer. This is a highly developed multibeam echo sounder that combines all of the advanced features of deepwater ec
A new PGS MultiClient survey of a 13,000 line km in the frontier area offshore East Coast South Africa is making progress. Petroleum Geo-Services, through an agreement with the Petroleum Agency of South Africa, is acquiring approximately 13,000 km MultiClient 2D GeoStreamer® survey covering East Coa
MMT Group announced that Kongsberg EM2040 D. A 0.4 x 0.7 degree dual head multibeam system has recently been installed on MMT’s long term charted multipurpose support vessel Stril Explorer. This is a highly developed multibeam echo sounder that combines all of the advanced features of deepwater echo
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, has received an additional purchase order (‘PO’) from Centrica Plc (‘Centrica’) to supply surface wellhead and mudline equipment services
Aquamarine Power played host to Pat Bourne, the Consul General of Ireland to Scotland. He stopped by Aquamarine’s HQ in Edinburgh to catch up with the CEO Martin McAdam. Top of the agenda was the progress on the Oyster 800 wave machine, future cooperation between Ireland and Scotland, and a discussi
TTS Group ASA has, through its subsidiary TTS Offshore Handling Equipment AS in Bergen signed a new contract for delivery of a subsea crane. Value of the contract is approximately NOK 35 million. The contract is with a European customer, and concerns delivery of an active heave compensated subsea cr
Kongsberg Oil & Gas Technologies do Brasil Ltda., a wholly owned subsidiary of Kongsberg Gruppen ASA (KONGSBERG), has been awarded a contract for delivery of flexible Riser Integrity Management (RIM) services to the Statoil Brasil Óleo e Gás Ltda. operated Peregrino field. The contract is a Framewor
Kongsberg Oil & Gas Technologies do Brasil Ltda., a wholly owned subsidiary of KONGSBERG, has been awarded a contract for delivery of flexible Riser Integrity Management (RIM) services to the Statoil Brasil Óleo e Gás Ltda. operated Peregrino field. The contract is a Framework Agreement for four yea
TTS Group ASA has, through its subsidiary TTS Offshore Handling Equipment AS in Bergen signed a new contract for delivery of a subsea crane. Value of the contract is approximately NOK 35 million. The contract is with a European customer, and concerns delivery of an active heave compensated subsea cr
A Bechtel-led team, BBE Hydro Constructors Limited Partnership, has been awarded a contract worth approximately CAN $1.4 billion by Manitoba Hydro to build the Keeyask Generating Station on the lower Nelson River in northern Manitoba, Canada. BBE Hydro Constructors will be responsible for building a
Nautronix has secured an order from Hyundai Heavy Industries, in South Korea to supply a NASNet® DPR System which will be used on the Bollsta Dolphin drilling rig. NASNet® DPR is the ultimate position reference system for Dynamic Positioning; it also has the benefits of the well-known NASNet® subsea