TGS said it plans to expand its North-West African Atlantic Margin (NWAAM) multi-client library in the MSGBC Basin with acquisition of more than 11,500 km of long-offset broadband 2D seismic data as well as magnetic and gravity data, in the Republic of Guinea, Guinea Bissau and the AGC joint explora
Unique Group, a subsea and offshore solution provider, has appointed Felix Peña as the new business development manager for Subsea Rentals and Sales. Peña will be based within the operations team at Unique Group’s Houston office. He has nineteen years of experience in roles within sales and operatio
Innovate UK has awarded Jee a GBP 75k in funding to develop a conceptual design of its ‘Excalibur’ system, a subsea infrastructure solution for the deployment of tidal arrays and the protection of subsea array cables. The project, kicked off in October 2016, is due to be completed by June 2017. It w
Petroleum Geo-Services (PGS), has narrowed its quarterly net loss despite a slight decline in revenue during the third quarter of 2016. The Oslo-listed seismic player, posted quarterly net loss of $29 million or 12 cents per share, compared with $110 million net loss or 51 cents per share in the cor
The International Association of Dredging Companies (IADC) has presented the IADC Young Author Award at the PIANC-COPEDEC IX conference in Rio de Janeiro, Brazil. Lucas Silveira, manager of Coastal & Ports Engineering of CB&I, received the prestigious award. He was awarded the prize of €1,000, a cer
Aker Solutions has secured two five-year framework agreements for potential future deliveries of subsea production systems and lifecycle services at BP-operated oil and gas fields globally. The first five-year contract covers engineering, procurement and construction of subsea production systems for
Akastor, an oil service investment company, has entered into a definitive agreement to sell its wellstream processing technology provider, Fjords Processing, to National Oilwell Varco (NOV) for a consideration of NOK 1,200 million on a debt- and cash-free basis. The transaction will realize an accou
MacArtney Underwater Technology Group has acquired the majority holding in Denmark based ASME. ASME, with more than 125 employees, designs and manufactures systems for the marine offshore, ocean science and renewable energy markets. The company has specialised in PLC and PC based active heave compen
Oceaneering informed it has appointed Jon Erik Reinhardsen to its board of directors. Reinhardsen is currently the president and chief executive officer of marine geophysical company, Petroleum Geo-Services (PGS), positions he has held since April 2008. Prior to joining PGS, Reinhardsen served as Al
Seanic Ocean Systems (Seanic) has added Ray Maza to its business development team. The company believes that Maza should help enhance its long range growth objectives and core abilities. One of these abilities that Seanic is currently promoting stems from the construction of a full-service test tank
This year’s Offshore Energy Exhibition and Conference (OEEC) being held in Amsterdam has provided another successful technical session on Subsea Processing. The session, moderated by Pieter Swart, Subsea Pipeline Principal, Shell Projects & Technology, discussed the latest developments in subsea and
The Netherlands is going to intensify collaboration with Iran in the fields of water management, port development and maritime logistics. The agreements regarding collaboration at government level will open the door to Dutch companies aiming to bring in orders from Iranian clients relating to water
Fugro has been awarded a contract by Vineyard Wind, formerly named OffshoreMW, to perform a marine geotechnical site investigation within its wind development lease, offshore Massachusetts. The company’s 105-meter drilling vessel M/V Fugro Synergy will perform the study, which will include numerous
The Norwegian Petroleum Directorate (NPD) and Russian petroleum authorities (Federal Subsoil Resources Management Agency, Rosnedra) have entered into an agreement to exchange seismic data from the areas around the demarcation line in the Barents Sea. “This agreement is extremely important, it allows
