Van Oord has been awarded two pipe lay projects for its new shallow water pipe lay vessel Stingray. The total value of these contracts is approximately USD 80 million amount to more than EUR 60 million. In Ulsan, Korea, Van Oord has been awarded the new SPM (Single Point Mooring) construction project for the S-Oil [...]
May 8, 2013 | Posted in
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Today Van Oord’s first shallow water pipe lay vessel Stingray was named at the COSCO shipyard in Nantong, China. The naming ceremony was performed by Mrs A. Athmer-Albersen, wife of Managing Director Offshore, Mr J.B.E.M. Athmer. Stingray is designed in accordance with the highest quality and safety standards in the oil and gas industry and [...]
September 28, 2012 | Posted in
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Columbia Power has awarded InterMoor, an Acteon company, the contract to design a cost-effective and survivable mooring system for its StingRay offshore wave energy converter (WEC) prototype. The project, which has already started with some advanced modelling and design work, will last for two years with high potential for further work. InterMoor will provide analysis [...]
April 25, 2012 | Posted in
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BMT Reliability Consultants Ltd, a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has announced its latest project with Stingray Geophysical Ltd, a TGS company. This partnership saw BMT provide critical analysis and reliability assessments during the development of the wet-end array of Stingray’s innovative fibre-optic Fosar® seabed [...]
January 12, 2012 | Posted in
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![TGS Completes Acquisition of Stingray (Norway)]()
Reference is made to stock exchange release on 11 April 2011 regarding the TGS acquisition of Stingray Geophysical Limited. The transaction was completed on 18 April 2011 and all outstanding shares were transferred with effect from the same date. TGS-NOPEC Geophysical Company (TGS) provides global geoscience data products and services to the oil and gas [...]
![TGS Strengthens its Position in PRM Market With Acquisition of Stingray Geophysical Ltd. (Norway)]()
TGS-NOPEC Geophysical Company ASA (TGS) has entered into an agreement to acquire 100% of the shares of Stingray Geophysical Limited (Stingray). The transaction will provide TGS with a strong position in the rapidly growing market for Permanent Reservoir Monitoring (PRM) solutions. The acquisition will substantially increase TGS’ addressable market through access to production seismic spending [...]
April 11, 2011 | Posted in
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