CGGVeritas Board of Directors approved on February 29, 2012, the 2011 financial statements of the Company, on which the independent auditors are in the process of completing their audit procedures. Fourth Quarter 2011 key figures: * 2011 Revenue up 10% and Cash Flow from Operations up 36% * Operatin
CSA International, Inc. (CSA) has taken delivery of Shark Marine Technologies, Inc.’s Navigator, a self-contained, highly portable, diver-directed mapping system with high accuracy positioning. Accuracy and precision is critical in creating quality data and mapping products, and CSA wanted a compact
Markey Machinery announce that it has been awarded an order for a complete suite of winch systems onboard AGOR-27, a new academic research vessel under construction at Dakota Creek Industries, (Anacortes, Washington). Sponsored by the US Navy’s Office of Naval Research, this award continues a plan t
Swire Pacific Offshore Operations (Pte) Limited (SPO) announces the receipt of Fugro’s “Top Notch Award for 2011” for the performance of its 6-streamer 3D seismic survey vessel, Geo Natuna. The award was introduced by Fugro Geoteam two years ago to recognise the vessel with the lowest downtime in th
Unique Maritime Group, one of the world’s leading integrated turnkey subsea and offshore solution providers announce that they have recently delivered two Echoscope 3D Sonars to DI-MEDCO, a joint venture between Dredging International and Middle East Dredging Company for the planned shore protection
Deep Down, Inc. announced a revolutionary new patent related to the manufacture of loose tube flying lead assemblies. Deep Down, Inc. (OTC QB:DPDW), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today announced
Technip has been awarded a contract by Exxon Mobil Corporation for subsea equipment on the Hadrian South natural gas project in the Gulf of Mexico in approximately 7,500 feet (2,300 meters) of water. The project consists of a subsea tie-back to the planned Anadarko operated spar platform, Lucius. Th
IHC Offshore & Marine, part of IHC Merwede, and SapuraCrest have signed two contracts for the design, engineering and construction of two new 550t pipelaying vessels. A third contract has been signed with OSX Construçăo Naval S.A. Brazil for the design and engineering of a 300t pipelaying vessel, as
Pacific Fibre and TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology, announced the completion of their Californian and Australian landings Desk Top Study (DTS) and Californian permitting study for the 12,950km two-cable Pacific Fibre undersea cab
Aberdeen based, BMT Cordah, a subsidiary of the BMT Group, the leading international maritime design, environmental and engineering consultancy, has announced the appointment of Norman Di Perno as its Managing Director. Dr David Sell, who has been the company’s Managing Director for the past four an
BG Norge AS has been granted consent to use subsea facilities and pipelines on the Gaupe field. The Gaupe field is part of production licence 292 and lies about 240 km southwest of Stavanger, near the border to the UK shelf. The water depth in the area is about 85 metres. Production is scheduled to
Alexey Miller, Chairman of the Gazprom Management Committee moderated a meeting dedicated to the South Stream project. Taking part in the meeting were Leonid Chugunov, Head of the Project Management Department, Pavel Oderov, Head of the International Business Department and Marcel Kramer, Chief Exec
Dong E&P Norge AS has received consent to use a subsea facility and pipeline on the Oselvar field. The Oselvar field is located southwest of Ula and northwest of Ekofisk. The field was discovered in 1991 and is part of production licences 274 and 274CS. Water depth at the site is approx. 72 metres.
Hydratight has launched an updated Emergency Pipeline Repair System to offer better disaster planning and contingency services to operators and contractors. Following the dramatic reaction to the Gulf disaster in early 2011, ever-increasing demands are being placed on oil and gas operators to provid