Solstad Offshore ASA (SOFF) has entered into agreement with NOR’s other shareholder, Nortrans Invest Pte. Ltd for the purchase of their 40,9% ownership share in NOR. SOFF will, after the transaction, own 100% of the share capital in NOR. The transaction is estimated to be completed April 14th 2011,
With the Navy halfway through its first year of buying two submarines a year, the Government Accountability Office recently published an ass… (courant) [mappress] Source: courant , April 06, 2011;
Polarcus Limited announces that the Company has received a Letter of Intent for a 550 square kilometer 3D seismic acquisition project West of Shetlands, offshore United Kingdom. The project, subject to the execution of a service contract, will commence in August 2011 and is expected to run for appro
UTEC Survey has successfully completed a systems acceptance test of a sub-bottom profiles module for the GAVIA AUV. The addition of the Teledyne Benthos Chirp III gives the AUV the capability to do pre-engineering surveys for subsea pipelines, umbilical, and cable routes. The GAVIA AUV’s design allo
ConocoPhillips recently awarded Vector International a contract for the Jasmine Development Project. The awarded package includes over 2,500 Techlok clamp connectors of all different sizes. The Jasmine field is located in the UK central North Sea and is one of the UK’s largest discoveries since the
BAE Systems has completed the acquisition of the outstanding equity of privately owned Fairchild Imaging, Inc. The proposed acquisition was announced January 21, 2011. Fairchild Imaging designs and manufactures solid-state electronic imaging components, cameras, and systems. These components have po
SeaBird Exploration PLC announces that an agreement has been reached with Chevron North Sea Limited (on behalf of itself and the other Rosebank co-venturers: Statoil (U.K.) Ltd., OMV (U.K.) Ltd., and DONG E&P (U.K.) Ltd) related to the earlier announced award of the Rosebank 2 survey. SeaBird has be
Following the successful association between international oilfield services companies, Expro, and China Oilfield Services (COSL) in the form of a China based joint venture, Husky Oil China Ltd has awarded the joint venture with a subsea and well testing contract worth in excess of $25million. These
MMT and NetSurvey have recently merged after 6 years cooperation on various hydrographic survey assignments. The goal is to benefit from synergy effects and to jointly provide high-resolution surveys. NetSurvey will bring strong technical capabilities in the field of multibeam expertise to the MMT G
Fugro has secured new ROV and diving support contracts for Petrobras projects in Brazil. Fugro has been awarded another long-term saturation diving contract by Otto Candies for Petrobras. Following successful partnership for the first Otto Candies’ Diving Support Vessel (DSV), which is currently und
International engineering contractor Offshore Design Engineering Ltd (ODE) has been awarded a new six-figure contract by Burntisland Fabricators (BiFab) to provide the engineering and design of two substation platforms for a wind farm off the North Wales coast. ODE will produce the detailed design o
The Directors of Mermaid Marine Australia Ltd (MMA) announces that the Company has entered into a contract to purchase a new 75 metre DP II Platform Supply Vessel (PSV). The PSV is a MT 6009 MKII diesel electric design, which delivers a high level of reliability and fuel efficiency in operation. PSV
Technip was awarded a full EPIC(1) contract by RWE Dea, for the Clipper South gas field development in the North Sea. The field is located 70 kilometers North-east of the Bacton gas terminal in 25 meters of water. The contract covers full project management, detailed pipeline design, installation an
NOAA Administrator Jane Lubchenco recently appointed nine new members to the Hydrographic Services Review Panel, a federal advisory… [mappress] Source: noaanews , April 05, 2011;
