Nord Stream has completed an external inspection of the two pipelines. The job was executed using an ROV, equipped with digital cameras, specific sensors and operated from a dedicated support vessel. The visual and instrumental (geophysical) inspection was performed on the whole length of the pipeli
Governor Rick Scott has announced that Bay County was awarded $280,000 through Florida’s Defense Reinvestment and Infrastructure Grant Programs. The funding will be used to support and sustain Naval Support Activity Panama City and Tyndall Air Force Base, with its $2.6 billion in defense economic im
Overseas Drilling and Texas A&M Research Foundation (TAMRF) have agreed the extension of TAMRF’s charter of the scientific research vessel ‘JOIDES Resolution’. According to Overseas Drilling’s parent company Siem Offshore, the extension is until September 30,2016 and TAMRF has further options to ext
Petroleum Geo-Services (PGS) has executed a cooperation agreement with Spectrum and Schlumberger in Mexico. The collaboration will acquire 80,000 – 100,000 kilometers of modern, long-offset 2D data encompassing all the major hydrocarbon provinces offshore Mexico. According to PGS, this includes area
Spectrum has finalized the purchase of Fugro’s multi-client library for a cash consideration of $115 m on a cash- and debt-free basis. The agreement for the acquisition was announced on June 1, 2015. With this purchase, the new combined Spectrum library exceeds 3.0 million km of 2D Multi-Client seis
Electromagnetic Geoservices ASA (EMGS), a Norwegian geophysical services company, has entered into two new data licensing agreements for the provision of 3D EM data from EMGS’ multi-client data library in the Barents Sea. EMGS did not name the companies it is entering into an agreement with, but it
The Montreal Port Authority (MPA) has welcomed the Quebec government’s announcement introducing the first ever Quebec Maritime Strategy. This involves the government’s commitment to support the marine industry with more than $1.5 billion in investments, along with its commitment to sustainably devel
As their new bailout rebreather COBRA nears availability, the team at Divex are recognised for their innovation at the annual Elevator Awards. COBRA (Compact Bailout Rebreathing Apparatus) is developed by the Divex design team in Aberdeen to respond to an urgent safety requirement in the world’s sat
Reach Subsea and MMT have established a Joint Venture agreement primarily for survey services. Consequently, the two parties have performed a charter restructuring arrangement, which should, according to Reach, add more flexibility to the business model and strengthen the companies’ combined market
Island Offshore has today lifted the remaining subjects in the shipbuilding contract with Kawasaki Heavy Industries for delivery of the Island Navigator. The vessel is a combined well intervention and tophole drilling vessel with equipment and capacity to perform a series of subsea and well operatio
Songa Offshore has taken delivery of Songa Equinox rig from Daewoo Shipbuilding & Marine Enggineering (DSME) in Korea. Songa Equinox is the first rig in a series of four Category D rigs specifically built for and contracted to Statoil. The rig was first scheduled for delivery in mid-May 2015; howeve
Statoil, on behalf of the Johan Sverdrup license, has awarded Samsung Heavy Industries the contract for decks for both the process and riser platforms. Johan Sverdrup is an oil field located in the North Sea, offshore Norway. The total contract value is NOK 7 billion ($887.7 million). It is a fabric
The image, shared by Kvaerner, shows steel cutting ceremony for Johan Sverdrup riser platform (RP) jacket that occurred yesterday, June 29, 2015, in Norway. Kvaerner signed the contract for delivery of steel jacket substructure for the riser platform at the Johan Sverdrup field located in the North
Oslo-listed, Siem Offshore (SIOFF), informed that Daya Materials has received green light from its shareholders to implement the acquisition of offshore subsea construction vessel “Siem Daya 1”. Namely, in April this year, Siem Offshore agreed to sell Siem Daya 1 for USD 120 million. In addition, SI
