Bahamas Petroleum, the oil and gas exploration company with offshore licence permits in The Commonwealth of The Bahamas, announces that it has finalised an agreement with CGGVeritas to undertake a 3D seismic survey over the Company’s southern licence areas, starting in May 2011. The survey will cove
Subsea 7 S.A. (formerly Acergy S.A.) announced results for the first quarter 2011 which ended on March 31, 2011. The combination between Acergy S.A. and Subsea 7 Inc. completed on January 7, 2011. Upon completion, Acergy S.A. was renamed Subsea 7 S.A. As a result of the combination and the change in
Alpine Ocean Seismic Survey, a provider of marine surveying and data collection services, announces the launch of the multi-use research vessel, the R/V Shearwater. With the addition of this new vessel, Alpine can now further expand its offerings of turnkey data collection and other surveying servic
Intertek METOC has completed its involvement in the BritNed Interconnector project, which went into operation on 1st April 2011. Intertek METOC were marine project managers during the feasibility and planning stages for the High Voltage Direct Current (HVDC 1000MW) cable, connecting the electricity
Songa Offshore SE (“Songa”) reports total comprehensive income for the first quarter of 2011 of USD 25.1 million. Operating revenue for the first quarter was USD 140.7 million. This includes mobilization and demobilization revenue of USD 1.0 million. Total expenses for the first quarter were USD 90.
Gazprom accomplished connection of the Dzhubga – Lazarevskoye – Sochi gas pipeline offshore and onshore sections. The Bigfoot 1 pipe-laying vessel performed a tie-in operation (welding two sections of the pipeline) near the Kudepsta settlement. The same operations were previously performed near th
Demonstrating its commitment to expanding its state of the art U.K. manufacturing presence, GE’s Oil & Gas business has officially opened a new wireline manufacturing and headquarters facility in Farnborough, Hampshire, United Kingdom. The facility brings the GE Oil & Gas—Downhole Technology platfor
Odyssey Marine Exploration, Inc. pioneers in the field of deep-ocean shipwreck exploration, has reported results for the first quarter ended March 31, 2011. Revenue for the first quarter 2011 was $2.1 million, compared to $2.9 million in the first quarter 2010. The Company also reported a net loss o
Advances in system design and sensor performance, together with high accuracy GNSS surface positioning, have led to a significant increase in the capability, performance and accuracy of modern ultra-short baseline (USBL) acoustic positioning solutions. This has made it possible for such solutions to
Based on preliminary calculations the size of the discovery is between 12.5 and 56.5 million barrels of recoverable oil equivalent. ”Statoil has had great exploration success in mature areas during the last years,” says Gro Gunleiksrud Haatvedt, Statoil’s head of exploration on the Norwegian contine
BMT Marine & Offshore Surveys which incorporates The Salvage Association and Murray Fenton are delighted to announce that the business and assets of the company have been acquired by Braemar Shipping Services plc, a leading international provider of shipbroking, consultancy, technical, logistics and
The companies have entered into an MOU which will lead to an operational business in the Netherlands by the first of July 2011. A new company will be established under the name “Ulstein IDEA Equipment Solutions b.v.” which combines ULSTEIN’s offshore vessel design, marine equipment packages and cons
The growth in revenue that commenced in the second half of 2010 continued, as expected, in the first months of 2011. This was despite somewhat lower utilisation of the vessel fleet due to such factors as a higher number of planned dry dockings for regular maintenance and the unexpected cancellation
Hydroid, Inc., a subsidiary of Kongsberg Maritime, the leading manufacturer of Autonomous Underwater Vehicles, announced that its REMUS 100 AUV aided in the discovery of the World War I German submarine U-106, which had been missing since October 1917. The Royal Netherlands Navy (RNLN), which used t
