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
CDL Inc announces that Julian Rickards has officially joined the CDL team in the position of Business Development Manager, Americas. Since Julian first began working in the Oil & Gas Industry, he has been employed with an international technology company that develops solutions for acoustic position
CGGVeritas announced its non-audited third quarter 2011 consolidated results. All comparisons are made on a year-on-year basis unless stated otherwise. Strengthening Financial Results *Group Revenue was $797 million, up 21% year-on-year and 6% sequentially. *Group Operating Income was $98 million, a
Hibernia Atlantic, the only US owned, diverse transatlantic high bandwidth connectivity provider, Huawei, a leading global information and communications technology (ICT) solutions provider, and Huawei Marine, a global submarine solutions supplier, announce today they have successfully completed the
The Nord Stream Pipeline became operational today and was hailed by political and business leaders as making a significant contribution to Europe’s long-term energy security. German Federal Chancellor Angela Merkel, Russian President Dmitry Medvedev, the Prime Ministers of France François Fillon and
Kreuz Holdings Limited , a subsea service provider for the oil and gas industry, reported that backed by a 150% jump in revenue from US$13.6 million to US$34.1 million, its profits had quadrupled for the three months ended September 30, 2011 , as compared to the previous corresponding period for FY2
Subsea equipment rental specialist Ashtead Technology announces the launch of a new Integrated Technical Services Group as a key part of its strategic growth strategy. The launch of this diversified service offering will include enhanced capabilities for bespoke systems integration, equipment mainte
The Board of Mediterranean Oil & Gas Plc , the central Mediterranean focused producer, developer and explorer of oil and gas assets, announces that it has entered into a short term secured loan with affiliates of certain of substantial shareholders, namely affiliated investment funds of Och-Ziff Cap
Kreuz Holdings Limited , a subsea service provider for the oil and gas industry, announced that the Group has secured its fifth set of contract wins worth approximately US$57.5 million from the Swiber Group. The value of this set of contract wins is made up exclusively from subsea work components fo
The submarine cable for telecommunications, which will connect the country with South Africa, England and other regions of the world, provid… (tmcnet) [mappress] Source: tmcnet ,November 08 , 2011
