Bluestream Offshore B.V. has been awarded a contract by Chevron Transportation B.V. to execute diving and ROV work for the installation of a riser at A-12 and spools at the A-12 platform and B-13 platform. Chevron Transportation BV is developing the B13 field. The gas reserves are accumulated in the
GE Oil & Gas’ drilling & production business has been selected to supply high-pressure, high-temperature (HP/HT) equipment to Bien Dong Petroleum Operating Company, a subsidiary of the state-run Vietnam Oil and Gas Group (PetroVietnam), for the development of gas fields, offshore Vietnam. Under a co
In association with the lease round announced by the Australian Government in mid April, Spectrum announced additions to the comprehensive multi-client library on the North West Shelf. Exmouth 11 – Approximately 4,000km of reprocessed data covering open blocks. The data is compatible with earlier Ex
Dolphin Group ASA announced that 3D vessel Polar Duke yesterday entered into production on her first project for TGS Nopec ASA in the Norwegian sector of the Barents Sea. Polar Duke was taken on charter in Stavanger on May 10th and mobilised directly on prospect in less than ten days and is presentl
Huisman Equipment, the international operating specialist in heavy lift, drilling and subsea solutions, who had already announced to exhibit at Offshore Energy 2011, will sponsor the event as well. Preparations for the two-day event are in full swing. This year more than 300 companies are expected t
An international research team led by researchers from James Cook University using a high-tech underwater robot have discovered diverse coral reef communities living in the unexplored deep waters along the Great Barrier Reef shelf-edge. Tom Bridge, a PhD Candidate in JCU’s School of Earth and Enviro
IHC Handling Systems, a global supplier of offshore installation and removal equipment, has introduced a new pipe cutter for use in the decommissioning market. Unlike other equipment developed to date, the unique tool is able to be repositioned underwater. This new and advanced piece of equipment ha
Sartor Offshore has secured a contract 3 year firm + 5 yearly options with Ithaca Energy UK Ltd. Ocean Sprite expected to commence the new contract at Athena field in October 2011, as a field support vessel and ERRV. Ocean Sprite is a Multi Role Offshore Support Vessel (PSV/ Standby/ Rescue). The ve
The Statnett group reports a profit after tax of NOK 394 million for the first quarter of 2011, compared to a profit after tax of NOK 840 million for the same period in 2010. The Group’s total operating revenues for the first quarter of 2011 were NOK 1 652 million compared to NOK 2 270 […]
CGGVeritas announced that it has signed an agreement with PetroVietnam Technical Services Corporation (PTSC) to create a marine joint venture company. The newly established company, PTSC CGGVeritas Geophysical Survey Company Limited, is 51% owned by PTSC and 49% owned by CGGVeritas and will deliver
CGGVeritas announced that it has signed an agreement with PT Elnusa Tbk to create a marine joint venture company. The newly established company, PT Elnusa-CGGVeritas Seismic, is 51% owned by Elnusa and 49% owned by CGGVeritas and will deliver 2D and 3D marine seismic acquisition services to oil and
Tidewater Inc.announced fourth quarter net earnings for the period ended March 31, 2011, of $12.0 million, or $0.23 per share, on revenues of $254.0 million. For fiscal year ended March 31, 2011, net earnings were $105.6 million, or $2.05 per share, on revenues of $1,055.4 million. For fiscal year e
CGGVeritas has launched a new microseismic solution based on the deployment of advanced surface and shallow buried arrays to monitor hydraulic fracture stimulation. The unique CGGVeritas offering combines the expertise and tools of its reservoir services subsidiary, Hampson-Russell Software & Servic
In conjunction with carefully selected industry partners L&N have successfully designed an industry unique SubSea H.I.P.P.S. package for the Norwegian sector. Managing Director, Alastair Chalmers comments ‘Using our latest 3D AutoCad software our team have engineered a solution which not only meets,