Spectrum has completed the purchase of Fugro’s multi-client library for a cash consideration of $115 million (approximately EUR 100 million) on a cash- and debt-free basis. Sales from the acquired library will be reported in Spectrum’s P&L from June 1, 2015. Sales from the acquired library for the p
SCT&E LNG said it has hired Proes, a marine and environmental consultancy contractor, to complete the marine infrastructure studies for its LNG project on Monkey Island, Cameron Parish, Louisiana.
SCT&E LNG said it has hired Proes, a marine and environmental consultancy contractor, to complete the marine infrastructure studies for its LNG project on Monkey Island, Cameron Parish, Louisiana.
Plans for additional harbor facilities at Nigg Bay came to life two days ago when Members of the Board visited HR Wallingfords 1/60th three dimensional model of the potential project. The model has been developed to allow, in conjunction with complimentary 2D modelling, a series of hydraulic physica
Golar LNG informed that the has company reached the material commercial terms and conditions with Perenco for the development of a floating liquefied natural gas export project in Cameroon.
Golar LNG informed that the has company reached the material commercial terms and conditions with Perenco for the development of a floating liquefied natural gas export project in Cameroon.
Petroleum Geo-Services (PGS) have executed a Memorandum of Understanding (MOU) for a cooperation agreement with Spectrum and Schlumberger in Mexico. The collaboration will acquire 80,000 – 100,000 kilometers of modern, long-offset 2D data encompassing all the major hydrocarbon provinces offshore Mex
Norway’s I.M. Skaugen (IMS) said it has agreed to sell its 50% interest in SPT, a global ship to ship transfer/lightering business. IMSK will also by this series of transactions acquire the right to purchase two Multigas type gas carriers of 12,000 cbm, built in 2011 and that are currently on a leas
Norway’s I.M. Skaugen (IMS) said it has agreed to sell its 50% interest in SPT, a global ship to ship transfer/lightering business. IMSK will also by this series of transactions acquire the right to purchase two Multigas type gas carriers of 12,000 cbm, built in 2011 and that are currently on a leas
Conductor Installation Services (CIS), an Acteon company that provides hammer services to install conductors and drive piles, has successfully completed a subsea piling operation for Subsea 7 in the UK North Sea. The operation was executed as part of the Cladhan field development, located approximat
Reach Subsea and MMT have established a Joint Venture agreement primarily for survey services. Consequently, the two parties have performed a charter restructuring arrangement, which should, according to Reach, add more flexibility to the business model and strengthen the companies’ combined market
Wiggins Pass Interim Channel dredging operations are scheduled to start next week. The dredging will be done from a barge due to sea turtle nesting season. The dredged beach quality shoaled sand will be removed from three shallow spots in the channel and placed in the water near Barefoot Beach Prese
Island Offshore has today lifted the remaining subjects in the shipbuilding contract with Kawasaki Heavy Industries for delivery of the Island Navigator. The vessel is a combined well intervention and tophole drilling vessel with equipment and capacity to perform a series of subsea and well operatio
Songa Offshore has taken delivery of Songa Equinox rig from Daewoo Shipbuilding & Marine Enggineering (DSME) in Korea. Songa Equinox is the first rig in a series of four Category D rigs specifically built for and contracted to Statoil. The rig was first scheduled for delivery in mid-May 2015; howeve
