Spectrum is set to commence acquisition of a new 2D Multi-Client seismic survey in early November 2011 which covers several areas in the northern equatorial margin offshore Brasil. The survey area includes sector blocks expected to be announced in the 11th license round in the second quarter of 2012
An oil leak near Chevron’s Frade field off Brazil’s coast, which had temporarily halted work there, is from a natural seep on the seabed… (Reuters) [mappress] Source: Reuters, November 11, 2011
Deep Down, Inc. an oilfield services company specializing in products and services for the deepwater and ultra-deepwater oil and gas industry, reported $606 thousand of net income for the third quarter of 2011, an improvement of $5.0 million, or greater than 800 percent, over the same period in 2010
Maritime New Zealand says that on Thursday 54 tonnes of heavy fuel oil had been pumped from a submerged tank on board the container ship Ren… (radionz) [mappress] Source: radionz, November 10, 2011; Image: Maritime New Zealand
ShawCor Ltd. Announces Third Quarter 2011 Results. * Third quarter revenue of $271 million declined by 4% from the $283 million reported in the third quarter of 2010 but was marginally higher than the $265 million reported in the second quarter of 2011. * EBITDA in the third quarter was $12.5 millio
Odyssey Marine Exploration, Inc. , a pioneer in the field of deep-ocean exploration, reported results for the third quarter ended September 30, 2011. For the third quarter of 2011, Odyssey reported revenue of $5.9 million, compared to $9.8 million in the third quarter of 2010 and operating expenses
Investec Project and Infrastructure Finance, (‘Investec’), part of Investec Bank plc. has recently completed a new senior debt facility for… (Angel News) [mappress] Source: Angel News, November 10, 2011
Mitsubishi Electric Corporation announced that it has signed a contract to upgrade a transpacific submarine cable network by incorporating 40 Gbps dense wavelength division multiplexing (DWDM) and increasing transmission design capacity up to fivefold to 5.2 Tbps. The upgrade to the Asia America Gat
BOURBON announces revenue up + 17% over 9 months in line with the objectives of the 2015 Leadership Strategy. Significant increase in daily rates in the quarter follows previous quarter’s upturn in utilization rates. ““In a favorable oil & gas environment. the price per barrel of Brent (113 US$ over
MMT has successfully finalized the additional work for the Mareano 2011 Barents Sea project—a hydrographic survey performed in the Arctic region located off the north coast of Norway and along the Russian border. The additional project work included bathymetric data acquisition and processing north
Prysmian Group, world leader in the energy and telecom cables and systems industry, is stepping up its expansion into the business of products and services for the offshore oil industry. The new flexible pipes plant in Brazil is now fully operational and the integration with Draka has broadened the
Scientists are set to begin a six-week mission to explore the Indian Ocean’s underwater mountains… By Jennifer Carpenter (BBC) [mappress] Source: BBC, November 09, 2011
Octanex N.L. announces the new 2D and 3D seismic surveys to be acquired within six of the Company’s eight Southern Bonaparte Basin permits have commenced. The Company’s wholly-owned subsidiary, Goldsborough Energy Pty Ltd, holds a 100% participating interest in five of the permits (WA-407-P, WA-420-
Falmouth Harbour Commissioners (FHC) and The Crown Estate have signed a lease to create FabTest, a new wave energy ‘nursery’ test site inFalmouth Bay on the south coast of Cornwall. The site has also been issued with a marine license by the Marine Management Organisation (MMO), which allows the moor
