Polarcus Limited announces that the Company has received a Letter of Award for a 3D offshore seismic acquisition project for an undisclosed client. The project, to be acquired by POLARCUS NAILA and subject to the execution of a service contract, will commence in Q4 2011 and is expected to run for ap
Electromagnetic Geoservices ASA (EMGS) announces that a major international oil company has joined EMGS and Shell in a joint industry project (JIP) to plan and design the next-generation 3D EM system. “We are delighted that yet another customer with extensive EM experience has joined the JIP,” says
WestSide Corporation Limited has received a notice of intention from Mitsui E&P Australia Pty Ltd (Mitsui) to exercise its options to acquire 49 per cent of the Company’s 50 per cent interests in Bowen Basin tenements ATP 688P and ATP 769P. Under the terms of the farm-in option Mitsui will pay WestS
Subsea 7 S.A. announced the award of a contract with Petrobras, as Operator of BM-S-9 and BM-S-11 Consortia to Subsea 7 Inc., a wholly owned subsidiary of Subsea 7 S.A., of approximately $1 billion for the development of the Pre-Salt deepwater Guará and Lula NE Areas located in the Santos Basin, off
GE has selected Cashman Dredging & Marine Contracting Co. LLC, a leading national provider of environmental, capital improvement and maintenance dredging services, to perform environmental dredging in the Upper Hudson River in 2011. GE announced in December that it would perform the second and final
GE will begin the second phase of the Upper Hudson River cleanup in May 2011. The approach to dredging and disposal will be similar to what was undertaken in 2009, when 286,000 cubic yards, or 329,000 tons, of river sediment was removed. In 2011, approximately 350,000 cubic yards, or 400,000 tons, o
Apply Sørco announced it has entered into an agreement with Subsea Technology Group (STG) to acquire Altra Energy Ltd. (Altra). Altra has its main competence within FEED (Front End Engineering & Design), process engineering and operations support. The company currently engages over 60 people and is
SeaBird Exploration PLC informs the following new contracts awarded in the 2D and 3D shallow water as set out below; Hawk Explorer has been awarded a short survey in direct continuation from the current employment in West Africa where the vessel will be employed until end May / early June 2011. Nort
Höegh LNG has today entered into a firm Letter of Intent with Hyundai Heavy Industries (HHI) for the delivery of two 170,000 cbm Floating Storage and Regasification Units (FSRUs). In addition to the delivery of two firm vessels, the LOI with HHI includes 2 + 2 optional vessels. The new built FSRU’s
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. The Zola-1/Zola-1 ST1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. The well is being drilled in
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
Leni Gas & Oil plc today announces potential short-term impacts following the recent announcements by Leed Petroleum plc (“Leed”). Leed has notified the Company that with immediate effect it has temporarily suspended production from the Eugene Island -184 (“EI-184”) and Ship Shoal-201 (“SS-201”) pla
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
