Offshore Installation Services (OIS) Ltd, an Acteon company, has appointed Jeremy Punnett to global president. He will be based in Aberdeen, UK, at Acteon’s Tern Place facility. Punnett joins OIS from Bibby Offshore where he oversaw business planning and strategic development. He will be responsible
Specialist pipe measurement technology company for the oil and gas industry, Optical Metrology Services (OMS) Ltd, has successfully completed a pipe measurement and fit-up project for McDermott on the ExxonMobil/Neftegas-operated Sakhalin Arkutun-Dagi oil and gas field project in Russia. Using its g
Nexans, a worldwide leading expert in the cable industry, confirms that it completed the acquisition of AmerCable on February 29, 2012. AmerCable is the leading North American producer of Mining and Oil & Gas cables, and is also active in other industrial cables segments including Renewable Energy.
Coastline Surveys has successfully completed a Pre-decommissioning Environmental Survey on behalf of Energy Resource Technology (UK) Ltd, a division of HELIX. The programme is in preparation for the decommissioning of Camelot CA production platform and associated sub-sea infrastructure, which is loc
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Paolo Scaroni, Chief Executive Officer of Eni. The parties discussed current issues and prospects for further cooperation in the energy sector. Particular attention was p
Ezra Holdings Limited, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, has sold 60 million shares in SGX-listed Ezion Holdings Limited (Ezion) as part of its capital allocation strategy. This divestment will strengthen Ezra’s cash
Finnish renewable technology developer, Wello Ltd, has announced that its Penguin wave energy converter is ready for full-scale deployment at the European Marine Energy Centre (EMEC) in Orkney, following successful testing. Wello’s 0.5 MW Penguin device, which produces sustainable power through wave
Veripos, world leaders for provision of high-precision GNSS positioning solutions for the offshore oil and gas industry, has extended the North West European sector of its global multi-source network with the establishment of new reference station facilities at Hammerfest in northern Norway. The new
The State Oil Company of Azerbaijan (SOCAR) has started the 3D seismic data acquisition over two offshore blocks, Umid and Babak. The geophysical survey started on 27 February and is being conducted by Caspian Geophysical from its vessel named Gilavar. According to the company, these exploration act
CGGVeritas Board of Directors approved on February 29, 2012, the 2011 financial statements of the Company, on which the independent auditors are in the process of completing their audit procedures. Fourth Quarter 2011 key figures: * 2011 Revenue up 10% and Cash Flow from Operations up 36% * Operatin
Technip has been awarded a contract by Exxon Mobil Corporation for subsea equipment on the Hadrian South natural gas project in the Gulf of Mexico in approximately 7,500 feet (2,300 meters) of water. The project consists of a subsea tie-back to the planned Anadarko operated spar platform, Lucius. Th
Pacific Fibre and TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology, announced the completion of their Californian and Australian landings Desk Top Study (DTS) and Californian permitting study for the 12,950km two-cable Pacific Fibre undersea cab
BG Norge AS has been granted consent to use subsea facilities and pipelines on the Gaupe field. The Gaupe field is part of production licence 292 and lies about 240 km southwest of Stavanger, near the border to the UK shelf. The water depth in the area is about 85 metres. Production is scheduled to
Dong E&P Norge AS has received consent to use a subsea facility and pipeline on the Oselvar field. The Oselvar field is located southwest of Ula and northwest of Ekofisk. The field was discovered in 1991 and is part of production licences 274 and 274CS. Water depth at the site is approx. 72 metres.