Oceaneering International, Inc. announced that M. Kevin McEvoy, President and Chief Executive Officer, will deliver a presentation at the Barclays Capital CEO Energy-Power Conference hosted in New York, NY on Wednesday, September 7, 2011. The conference slides will be accessible after the close of t
Liquid Robotics®, developer of the award-winning Wave Glider® unmanned ocean vehicle, and cloud-based data service provider, announced that James Gosling, formerly of Google, has joined the company as chief software architect. The addition of Gosling comes at a time when the company is experiencing
AGR Group announces new drilling technology and growth strategy. Sverre Skogen, CEO of AGR Group, outlined the corporation’s ambitions at the annual Pareto Securities Conference on August 31, 2011. AGR Group is embarking on a new growth strategy that will allow it to maximize opportunities presented
Nautilus Minerals is to raise approximately US$100 million (C$98.1 million*) through a private placement of common shares to fund the development of its first project, Solwara 1, in the Bismarck Sea of Papua New Guinea. The placing will involve the issue of approximately 39 million shares to a numbe
FoundOcean has completed grouting operations for a four-legged wellhead jacket in a greenfield location in the North Sea. The project forms part of a three year agreement between FoundOcean and Saipem Ltd. The jacket is installed in 81m water depth and the grouting took place via a sub-sea grouting
Cameron has agreed to acquire LeTourneau Technologies Drillings Systems and Offshore Products divisions from Joy Global Inc. (NASDAQ: JOYG) for approximately $375 million in cash. The boards of Cameron and Joy Global Inc. have unanimously approved the transaction, which is subject to customary closi
The company’s offshore operations cover the full range of subsea services such as pre-installation pipe route surveys, SEWOP positioning, site hazard surveys, subsea riser and mattress installations. Survey Manager, Ugo Nwangwu, maintains the Easytrak system with its 900 Series Beacons fits perfectl
GSP announces its drilling fleet has been extended up to seven offshore mobile drilling rigs and a modular one. GSP Britannia (ex. Britannia) and GSP Fortuna (ex. G.H. Galloway) entered GSP’s fleet in August. GSP Fortuna is an ABS class three legged independent leg cantilever jack-up rig reaching th
Innovative gadgets and widgets which underpin the subsea industry’s cutting-edge technological reputation are to come under the spotlight at… [mappress] Source: SubseaUK, August 31, 2011;
VSG, leader in 3D development toolkits, announced that they have signed a global partnership agreement with Schlumberger, leading provider of oil and gas software solutions.. This collaboration agreement will expand the integration of VSG’s Open Inventor technology across the whole range of Schlumbe
Electromagnetic Geoservices ASA (EMGS) has entered into an agreement to acquire OHM Surveys Holding AS (OHM), a marine electromagnetic (EM) acquisition company, from certain funds controlled by Sector Asset Management and Seatrans Group (Euro Trans Skips AS) for USD 15.75 million in a stock-for-stoc
Shares in struggling Neptune Marine Services jumped at the open after the company revealed late yesterday its board had rejected a takeover… The West Australian [mappress] Source: The West Australian, August 31, 2011;
A&P Tees ship repair yard has given another TV star a much-needed “makeover”. The Middlesbrough yard is gaining a reputation for giving vessels which have appeared on the small screen a new lease of life. Last year they restored the Tall Ship winner Christian Radich, star of the BBC TV series The On
Pipe laying operations at the South Pars gas field phases 15 and 16 is near completion, the manager of the SP phases 15 and 16, Abolqasem Noubakhti said. He went on to say that, pipe laying of the phase 16 with 115 kilometers length have been completed while the work in phase 15 is […]
