Electromagnetic Geoservices ASA (EMGS) has received a signed contract from a repeat customer worth NOK 10 million (USD 1.7 million) for 3D EM data acquisition in the Barents Sea. The Company expects to commence the survey in May, using the vessel BOA Thalassa. BOA Thalassa is a purpose-built 3D EM v
The Gemini offshore wind project shareholders, headed by Canada’s Northland Power Inc., announced that they have reached agreement with the banks on the project’s financing. The financial close will contribute EUR 2.3 billion to the overall construction costs of EUR 2.8 billion. Van Oord has a 10% e
On the threshold of Gazprom’s annual General Shareholders Meeting the Company’s headquarters hosted the Press Conference “Mineral and Raw Material Base Development. Gas Production. Gas Transmission System Development”. Taking part in the Press Conference were Vitaly Markelov, Deputy Chairman of the
Statoil has reported that the upgrading of the Oseberg B drilling facilities has been completed, and drilling from the new plant starts in June. Statoil is upgrading the drilling facilities on several installations in order to increase the fields’ value creation and productive life. Efforts to allow
Green Marine Solutions (GMS) has issued a high-tech maintenance and safe guano removal in a single efficient package. Long-term and, in some cases, permanent solutions are available. As part of an integrated efficiency-improvement package designed to take the strain out of operational maintenance, G
Hibernia Networks recently selected Ciena® to provide advanced optical solutions on the Hibernia Networks platform. The first element of Hibernia’s network to utilize Ciena’s technology will be Hibernia’s Trans-Atlantic system. As part of the new relationship with Ciena, Hibernia has also joined Cie
The Rhode Island Coastal Resources Management Council oversaw the boulder removal and dredging in the Charlestown Breachway. The operation has made passage in and out of the channel and Ninigret Pond safe again for vessels. The work was funded with federal, state and town payment. Last week, crews f
Dolphin Group ASA, a parent company of Dolphin Geophysical AS, and a global full-range, asset light supplier of marine geophysical services announced revenues of USD 80.2 million for the Q1 2014, compared to USD 69.1 million in Q1 2013. Quarterly highlights include: – EBITDA of USD 22.7 million (28,
Fuelled by continuously increasing demand for complete integrated underwater system solutions, MacArtney has opted to significantly bolster its North American system sales focus. Spearheaded by the hiring of experienced sales and business development professional, Shannon Lewis, as System Sales Mana
Deep Down, Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, has reported financial results for the quarter ended March 31, 2014. OPERATING RESULTS For the first quarter of 2014, Deep Down reported net income
Nova Scotia welcomed BP Exploration Canada’s fleet of 10 exploration vessels on May 13, to kick off one of the largest seismic programs in the world. During the event, Premier Stephen McNeil announced a $12-million investment in geoscience research to help the offshore sector grow. The investment wi
Neon Energy Limited has been awarded the WA-503-P offshore petroleum exploration permit, as Operator and 100% working interest holder, having successfully bid in the 2013 Australian Offshore Petroleum Exploration Acreage Gazettal. Block WA-503-P is located offshore Western Australia within the Dampi
The installation of the shallow water section of the Western HVDC Link Project in the Liverpool Bay has been postponed. The work was planned to begin early May using the Atalanti cable lay barge and support tug Artemis. Western HVDC Link will comprise converter stations in England and Scotland, link
INPEX has announced, through its wholly-owned subsidiary, INPEX NATUNA, Ltd., that on 26th April 2014 it started natural gas production from the South Belut Gas Field in the South Natuna Sea Block B in Indonesia. INPEX is undertaking oil & gas development and production activities at the Block with
