Nautilus to Return Escrowed Funds

Nautilus to Return Escrowed Funds

Nautilus Minerals has announced that under the terms of its agreement with the nominee of the Independent State of Papua New Guinea, the sum of US$113 million, which was placed into escrow in May 2014, shall be released ...

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Statoil to Become Johan Sverdrup Operator

Statoil to Become Johan Sverdrup Operator

The Johan Sverdrup partners have agreed to recommend Statoil as operator for all phases of the field. Their ...

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IHC Sealing Solutions Gets Its Old Name Back

IHC Sealing Solutions Gets Its Old Name Back

Starting in December 2014, IHC Sealing Solutions will operate under the new – but also old – name of Lagersmit. On ...

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Circle Group Buys WellPartner

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HitecVision has announced Circle Group’s acquisition of WellPartner AS, an equipment and services company ...

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Emera Kicks Off Maritime Link Project

Maritime Link Project

The governments of Nova Scotia and Newfoundland and Labrador and NSP Maritime Link Inc., a subsidiary of Emera, ...

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Subsea Innovation Opens New HQ in Darlington

Subsea Innovation Opens New HQ in Darlington

On 25th November HRH The Duke of Gloucester officially opened Subsea Innovation’s new Headquarters on Faverdale ...

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Statoil Approved for Tune Until 2020

Tune Statoil

Statoil has received consent to use subsea facilities on the Tune field until 2020. Tune is a gas condensate field ...

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PSA Audits Statoil’s Flexible Risers

PSA Audits Statoil's Flexible Risers

The PSA has carried out an audit of Statoil in respect of technology follow-up, operational follow-up and condition ...

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Nexans’ Umbilicals on Asgard Compression Station

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Nexans has delivered power umbilicals for world’s first subsea gas compression station at the Statoil’s ...

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Woodside Commits to Morroco Seismic

Western Legend

Woodside has entered into a contract for an exclusive Reconnaissance Licence (RL) with the Office National des ...

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Shell Faces USD 4 Bln Fine for Bonga Oil Leak

Shell Bonga leak

An oil major, Shell, is facing a fine of USD 3.96 billion for the oil spill that happened in 2011 on Bonga oil ...

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Dolphin Confirms Off India Seismic Deal

Dolphin Confirms Off India Seismic Deal

Norwegian seismic contractor, Dolphin Geophysical, has formally accepted the Letter of Award to perform two major ...

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UK: Subsea Innovation Gets New Director

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Subsea Innovation has appointed Dave Thompson as Technical Director. The company which designs & manufactures ...

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Mermaid Maritime Sees Profits Soar

DSV Mermaid Endurer

Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, has recorded a ...

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Seabox Leads JIP for Subsea Water Treatment

SEABOX

Seabox together with oil majors has highlighted the technical feasibility of a submerged water treatment plant ...

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Damen Nets MSV Seawell Upgrade

MSV SEAWELL at Damen Shiprepair Vlissingen in 2012

Damen Shiprepair Vlissingen, part of Damen Shiprepair & Conversion, has been awarded a major upgrade job on MSV ...

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Proserv Wins Two Spirit of Enterprise Awards

Proserv Wins Two Spirit of Enterprise Awards

Energy services firm Proserv has win two prestigious awards in recognition of the firm’s business success and ...

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OceanWorks Provides SADI Equipment Storage, Maintanance

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OceanWorks International has been contracted by the Marine Well Containment Company (MWCC) to supply a storage and ...

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PGS Shifts Regional HQ to Kuala Lumpur

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As a part of the plan to restructure business activities in Asia Pacific, PGS has decided to relocate its regional ...

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Siemens to Pull Out of Tidal Power Industry

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Siemens is looking to divest its ocean power generation business, in particular Marine Current Turbines (MCT), ...

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IHC Hydrohammers for Chinese OW Market

S-1800 Hydrohammer (1)

IHC Hydrohammer, a business unit of the Dutch based Royal IHC, has recently commissioned the S-1800 Hydrohammer ...

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Magseis Slips on Delays

Magseis Athene

Norwegian geophysical company, Magseis, said that the third quarter results have been negatively impacted by an ...

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MeyGen Enters Construction Phase

JDR

After more than seven years of planning and design, Atlantis is now entering the construction phase of ...

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Oceaneering Hires Island Pride

Island Pride

Oceaneering has entered into a two-year charter for use of the Island Pride, a multi-service subsea support vessel ...

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JFD Launches New SDV Unit in Sweden

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James Fisher Defence (JFD), the subsea operations and engineering company, has opened a new facility in Vaxholm, ...

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