Octanex N.L. announces that the Tamar 3D seismic survey, located within the WA-420-P permit, has been completed. The Tamar survey is the second of three new 3D seismic surveys currently being acquired in the company’s Southern Bonaparte Basin permits. The 3D seismic surveys are being acquired within
TGS reports net revenues of USD 180.9 million in Q4 2011, compared to USD 177.6 million in Q4 2010, a 2% increase. The Company’s operational multi-client investments were USD 61.1 million, up 55% from Q4 2010. TGS’ backlog amounted to USD 210.9 million at the end of Q4, representing the highest back
Polarcus Limited announces that the Company has been contracted by an undisclosed client for a 3D seismic acquisition project offshore East Africa. The project will commence in February and is expected to run for approximately 45 days. About Polarcus Polarcus is a pure play marine geophysical compan
In January 2012, S. B. Submarine Systems was contracted by LS Cable & Systems (LSCS) to install 15km of bundled cables and 22km of fibre optic cables from Jindo, South of Korea. The system owner is KEPCO (Korean Electric Corporation) and the 2 segments are to be laid as part of the Jeju to Jindo [&h
Bourbon announces revenues for 2011 in line with the objectives of the “BOURBON 2015 Leadership Strategy” plan. “Revenues for 2011 are in line with our strategic plan and, for the first time since our focus on offshore services, topped the symbolic bar of one billion euros. The improvement in the of
Flexlife, an oil and gas industry specialist in subsea project and integrity management, has announced the successful first application of its innovative product FlexGel, in a North Sea operation for an oil major. FlexGel, an oil-based product that is non-soluble in water and with a density that can
The Bureau of Safety and Environmental Enforcement (BSEE) and the National Oceanic and Atmospheric Administration (NOAA) announced that they are partnering to enhance the Environmental Response Management Application (ERMA®) for the Arctic region by summer 2012. ERMA® is the same interactive online
Statoil’s fourth quarter 2011 net operating income was NOK 60.7 billion, a 42% increase compared to NOK 42.8 billion in the fourth quarter of 2010. In 2011, net operating income was NOK 211.8 billion compared to NOK 137.3 billion in 2010. “Statoil delivered record financial results, further improved
Hallin Marine, a Superior Energy Services company, reports a promising start to the year of the Dragon (2012) with four new contracts. Hallin’s West Division heads into battle in search of unexploded 1939-1945 ordnance off the German coast. A Quasar work-class remotely operated vehicle and team are
Electromagnetic Geoservices ASA (EMGS) announces that it has secured pre-funding to start a multi-client 3D EM campaign in the Barents Sea, ahead of Norway’s 22nd exploration licensing round. Data acquisition will commence in March using the vessel Atlantic Guardian. Preliminary data deliverables wi
Chariot Oil & Gas, an independent oil and gas exploration company,announces that it has completed the 3500km² 3D seismic acquisition programme across its Central Blocks (2312 A & B and Northern halves of 2412 A & B) offshore Namibia. The operation, carried out in conjunction with Petroleum Geo-Servi
Co-operation by in-house teams across three international boundaries won Hydratight a significant order from a client in the Persian Gulf. The client contacted Hydratight’s UAE office about subsea bolting and flange-pulling equipment, but offered insufficient detail for an accurate quote to be made.
MMT announces that it has been awarded a Frame Agreement for Offshore Survey Services with Statoil. The Frame Agreement consists of survey services such as pipeline surveys, seabed mapping surveys, inspections, geotechnical survey support, and environmental survey support that will be conducted worl
A2Sea’s Sea Worker has successfully installed the first two of 175 turbines at Array Offshore Wind Farm, and it is expected for them to start producing power in March, reports Businessgreen. They are the Siemens’ 3.6MW machines, which were tested at Hornsea zone and are already being used at the Bur