The 4500 dwt DPII MPSV Adams Vision has been chartererd for a period of 15 months by Stork Technical Services who recently rebranded from RBG Limited. The vessel, currently on bareboat charter to Bahrain based Adams Offshore Limited, had until recently been working in the US Gulf and was mobilized f
Forum Energy Technologies, Inc. (FET) announces the appointment of two senior management positions within Forum Subsea Technologies’ DPS Offshore group. The DPS Offshore group is the leading provider of rental equipment and calibration services to the marine survey, construction, Remotely Operated V
EMGS has released the fourth quarter results for 2011 with recorded revenues of USD 57.8 million, up from USD 27.2 million in the fourth quarter of 2010. Highlights in the fourth quarter 2011 include record-high financial results: * Total revenues at USD 57.8 million for the quarter * EBITDA of USD
Octanex N.L. announces that the Tamar 3D seismic survey, located within the WA-420-P permit, has been completed. The Tamar survey is the second of three new 3D seismic surveys currently being acquired in the company’s Southern Bonaparte Basin permits. The 3D seismic surveys are being acquired within
TGS reports net revenues of USD 180.9 million in Q4 2011, compared to USD 177.6 million in Q4 2010, a 2% increase. The Company’s operational multi-client investments were USD 61.1 million, up 55% from Q4 2010. TGS’ backlog amounted to USD 210.9 million at the end of Q4, representing the highest back
Oil and gas professionals focused on health and safety will gather in Dubai on Thursday February 9, 2012 for the inaugural Innovation in Oil and Gas Safety (IOGS) event, presented by Pipeline Magazine, one of the region’s leading oil and gas titles. Held at The Address Hotel, Dubai Marina, IOGS will
Ocean Energy Limited, Ireland’s leading wave energy company, is working with Wave Hub, the world’s largest grid connected offshore marine energy test site, to deploy its technology at the site later this year. Cork-based Ocean Energy, in collaboration with its partner Dresser-Rand, one of the larges
The marine and hydrokinetic industry, which aims to harness various marine and hydrokinetic resources including ocean waves, tidal streams, river flows, ocean currents, and ocean thermal differences for power generation, stands at a critical point. The technologies are improving, major energy compan
Polarcus Limited announces that the Company has been contracted by an undisclosed client for a 3D seismic acquisition project offshore East Africa. The project will commence in February and is expected to run for approximately 45 days. About Polarcus Polarcus is a pure play marine geophysical compan
Superior Energy Services, Inc. announced that its Board of Directors has elected Brian Moore as Senior Executive Vice President, and Westy Ballard and Greg Rosenstein as Executive Vice Presidents. Mr. Moore, 55, will serve as Senior Executive Vice President of North America Services, overseeing the
In January 2012, S. B. Submarine Systems was contracted by LS Cable & Systems (LSCS) to install 15km of bundled cables and 22km of fibre optic cables from Jindo, South of Korea. The system owner is KEPCO (Korean Electric Corporation) and the 2 segments are to be laid as part of the Jeju to Jindo [&h
Bergen Group Fosen has signed a contract with Volstad Maritime AS to build a large high end offshore vessel. The contract has an estimated value of more than NOK 800 million, and the ship is scheduled for delivery in Q3 2013. The signed contract is subject to final board approval and financing, whic
Bourbon announces revenues for 2011 in line with the objectives of the “BOURBON 2015 Leadership Strategy” plan. “Revenues for 2011 are in line with our strategic plan and, for the first time since our focus on offshore services, topped the symbolic bar of one billion euros. The improvement in the of
Flexlife, an oil and gas industry specialist in subsea project and integrity management, has announced the successful first application of its innovative product FlexGel, in a North Sea operation for an oil major. FlexGel, an oil-based product that is non-soluble in water and with a density that can
