Veripos, world leaders for provision of high-precision GNSS positioning solutions to the offshore oil and gas industry, has been awarded a two-year extension to its present contract with seismic survey specialists SeaBird Exploration FZ-LLC of Dubai, a division of the Norwegian SeaBird Exploration G
2H Offshore Engineering Pty. Ltd., an Acteon company, has relocated to new premises on St. George’s Terrace at Level 2, 89 St Georges Terrace Perth, 6000, Australia. The new office is centrally located near the Perth Convention Centre and close to a large number of 2H’s major clients. Elizabeth Tell
Third quarter 2012 was operationally a very good quarter for the company. The operating margin (EBITDA) was 51 percent in the quarter. – Strong operation is the result of a modern fleet and skilled employees, says CEO Irene W. Basili who focuses on the opportunities this creates: – We have a contrac
Aker Solutions ASA announces that it has signed a new syndicated multi-currency credit facility of EUR 400 million. The facility is split into a 3-year tranche of EUR 270 million and a 1.5-year tranche of EUR 130 million and will be used for upcoming investments and general corporate purposes. In th
BP announced that it has reached an agreement with the United States government, subject to court approval, to resolve all federal criminal charges and all claims by the Securities and Exchange Commission (SEC) against the company stemming from the Deepwater Horizon accident, oil spill, and response
Pacific Drilling S.A. announced today that its ultra-deepwater drillship the Pacific Khamsin has been awarded a contract by a wholly-owned indirect subsidiary of Chevron Corporation for operations in West Africa. The minimum duration of the contract is for an initial two-year term, with contract com
Petrobras, alongside its partners BG Group and Repsol Sinopec Brasil, and by means of its affiliate Guará-BV, announces that the construction work for FPSO Cidade de São Paulo was completed on November 11. The vessel has left the Brasfels shipyard, in Angra dos Reis and is currently undergoing final
QGOG Constellation S.A. announced today that on November 14 it exercised, through one of its affiliates, an option for an advanced-capability DP3 ultra-deepwater drillship to be constructed by Samsung Heavy Industries Co. Ltd. (“SHI”). This will be the third drillship with SHI in South Korea and is
Milan (Italy) hosted yesterday a meeting of the South Stream Transport Board of Directors. The Board of Directors which includes representatives from Gazprom, Eni, EDF and BASF discussed the key issues of the South Stream project and adopted the final investment decision for the offshore gas pipelin
At OSEA 2012, Sonardyne Asia Pte Ltd. will be presenting a new automatic leak detection sonar to the Asian Offshore industry. The Automatic Leak Detection Sonar (ALDS) will be on stand BV5-07 alongside products from Sonardyne’s 6G® range. Held every two years, the 19th OSEA will be taking place at T
BMT Isis, a subsidiary of BMT Group, the international engineering, maritime and risk management consultancy, announced that it has been awarded the title of ‘Business of the Year’ by Bath and North East Somerset Council. The Council’s Chairman’s Community & Business Awards recognises inspirational,
FMC Technologies, Inc. announced today that it has received an order from Statoil for additional subsea equipment for the Tyrihans field. The order has an estimated value of $39 million in revenue. This order covers the supply of two subsea trees and three choke modules. The equipment is scheduled f
Cameron and Schlumberger today announced the creation of OneSubsea™, a joint venture to manufacture and develop products, systems and services for the subsea oil and gas market. This new company will offer a step change in reservoir recovery for the subsea oil and gas industry through integration an
The U.S. Army Corps of Engineers has extended the public comment period until Dec. 31, 2012 for those who want to submit comments on the Deepwater Wind proposal to construct five wind turbine generators and do other work off the southeast coast of Block Island, Rhode Island. The original 45-day comm
