Stork Technical Services (Stork), the leading global provider of knowledge-based asset integrity management services for the chemical, oil and gas and power sectors, has won a major £10million contract win for subsea inspection activity with a major operator, offshore West Africa. Stork announced th
A multi-national offshore technology company has chosen a leading subsea testing and training facility in Scotland to test and photograph its latest product, which was launched earlier this week. Cygnus Instruments decided to use subsea trials and training centre, The Underwater Centre, based in For
KONGSBERG reports good performance in Q4 2011, laying a sound foundation for 2012. Q4 revenues totalled MNOK 3 883. The EBITA came to MNOK 544. This results in an EBITA margin for the Group of 14.0 per cent, compared with 18.5 per cent in Q4 2010. Earnings per share (EPS) came to NOK 2.98 in [&helli
KBR announced that its joint venture with JGC Corporation and Chiyoda Corporation, the JKC JV, has signed the formal contract for engineering, procurement and construction (EPC) activities on the Ichthys LNG Project in Northern Australia. The JKC JV partners signed this EPC contract, valued at US$15
SeaBird Exploration PLC has received a Letter of Award for a major contract of 2D seismic work for the entire summer season from a major client. The contract represents a value in the range of US$ 11-13 million. The work will commence during mid-March 2012, and will be carried out using the 2D vesse
Octanex N.L announces that the last of three new 3D seismic surveys has commenced, with the survey vessel now on location and acquiring the Ascalon 3D survey in WA-407-P. Acquisition of the Ascalon survey is expected to take approximately 24 days. These new 3D seismic surveys are being acquired with
Foster Wheeler AG announced that Foster Wheeler Upstream, part of its Global Engineering and Construction Group, has been awarded a contract by Discovery Gas Transmission, LLC to provide design, engineering and technical services for a junction platform, facilities and associated pipelines within th
James Fisher and Sons plc (JFS) announces that its subsidiary James Fisher Angola Ltda has been awarded a five-year contract by BP Angola for the provision of export tanker support services off the coast of Angola. The contract involves the operation of three anchor handling tugs and diving services
Offshore Marine Management (OMM) has announced the completion of a GIS-based data study for the first stage of Forewind’s planned Round 3 Dogger Bank offshore wind farm development. Undertaken by OMM’s Survey and Subsea department, the work utilised the company’s in-house Esri GIS facilities to unde
Essar Projects has announced the completion of Rs.1,064crores D1 Development Project for ONGC by end-March 2012. The project includes installation of three offshore platforms, laying of subsea pipelines to connect the three platforms to the existing floating production, storage and offloading (FPSO)
TenneT has entered into a partnership with Mitsubishi Corporation by agreeing to sell a 49% equity stake in two German offshore high-voltage cable projects, BorWin1 and BorWin2. Mitsubishi’s aggregate equity commitment will total EUR 240 million. This partnership represents a milestone transaction i
MV Hai Yang Shi You 720 is the first large deep-water seismic geophysical exploration vessel which is owned by COSL. As the first ship of the latest generation of 3D seismic geophysical exploration ships in Asia, she is the first one which was designed and built by Chinese enterprises, meeting the s
Providence Resources P.l.c., the London (AIM) and Dublin (ESM) quoted oil and gas exploration and production company, provides a further market update on its ongoing drilling programme in the North Celtic Sea Basin, offshore southern Ireland. The 48/24-10z Barryroe appraisal well is located in c. 10
EMGS has released the fourth quarter results for 2011 with recorded revenues of USD 57.8 million, up from USD 27.2 million in the fourth quarter of 2010. Highlights in the fourth quarter 2011 include record-high financial results: * Total revenues at USD 57.8 million for the quarter * EBITDA of USD
