Statoil will acquire a 40% equity interest in a North Makassar Strait Production Sharing Contract (PSC) and a similar interest in two additional offshore PSCs (West Papua IV and Halmahera-Kofiau). The three production sharing contracts (PSC) will be operated by Niko Resources Ltd. Given exploration
Swiber Holdings Limited , a world class integrated construction and support services provider to the offshore industry, announced that it has secured contract wins worth approximately US$109 million from oil majors for projects in Indonesia, Malaysia, Thailand and Vietnam. These contract wins come i
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, has agreed a contract with BG International Limited (Egypt Branch – ‘BG Egypt’), a division of BG Group plc, to supply its POS-GRIP High
The PGS GeoStreamer GS (TM) introduces a new era of ghost-free, broadband seismic data. Seismic data without the source- and receiver sea surface reflections (ghosts) produce subsurface seismic images of unprecedented quality and represent removal of some of the most significant noise components tha
CGGVeritas has initiated acquisition on the first 3D multi-client program that uses BroadSeisTM, its superior broadband marine solution. Located in the Central North Sea, Quad 29 Phase 1 covers 2,100 km² and is being acquired by the CGGVeritas Oceanic Challenger operating with a 10 x 75 x 6000 m lon
TGS commences the acquisition of multi-client 3D seismic data in the Hoop Fault Complex area of the Barents Sea. This survey is an extension of the previously announced Hoop Fault Complex survey and will add 1,800 km2 to the existing data in the area. Approximately 500 km2 of the survey are infill i
Bahamas Petroleum, the oil and gas exploration company with offshore licence permits in The Commonwealth of The Bahamas, announces that it has signed a contract with Fugro N.V. (“Fugro”) to undertake a high resolution seabed survey on the Company’s licence area. The survey will begin in early June;
Apply Sørco, a company owned by Apply ASA, has been awarded the contract on Statoil’s Gullfaks C platform for topside modifications regarding replacement of production pipelines for the Tordis field. The work includes engineering, procurement, fabrication and installation of two 10″ pipelines with v
In the 2nd Indonesian International Bid Round 2010, Eni has been awarded the 100% participation interest and operatorship of Block Arguni I located on and offshore in the West Papua Province, Eastern Indonesia. The Block Arguni I covers an area of 5,386 square km in the Bintuni Basin, a mainly gas p
Kreuz Holdings Limited , a subsea service provider for the oil and gas industry, announced that it has secured contract wins for various subsea works to be performed in Indonesia and Thailand. The contracts totaled approximately US$44 million of which approximately US$12 million are from a third-par
Joint efforts by Inocean and scientists at University of Gothenburg could restore life to the Baltic Sea through the Baltic Deepwater Oxygenation project. Based on research performed by Professor Anders Stigebrandt at the University of Gothenburg, engineers at Inocean under the management of Vice Pr
As from 16 May 2011 Seatec has been taken over by the investment company Value Enhancement Partners from Amsterdam. This company will obtain a majority share and will be supported by the previous owners. For this reason the company name is changed into “Seatec Seamergo Subsea Systems B.V” Seatec wil
ORE Offshore (an affiliate of EdgeTech) announces three new configurations of their underwater acoustic tracking systems. The bundled USBL systems are based on the Broadband Acoustic Tracking System (BATS) product line. These specially priced solutions, configured specifically for: Shallow water, Mi
The European Union (EU) funded project ECO2 to evaluate the potential impact of sub-seabed carbon dioxide (CO2) leakage from storage sites on marine ecosystems has now been launched. 27 project partners from nine nations will study existing sub-seabed storage sites in the Norwegian North Sea and the
