Mediterranean Oil & Gas Plc announces the results of an independent evaluation of Malta Offshore Area 4 (“Area 4″) currently owned 100% by MOG through its wholly owned subsidiary, Phoenicia Energy Company Limited (“PECL”). PECL entered into a farm-out agreement with Genel Energy Plc in August 2012 to sell 75% of PECL’s interest in Area […]
October 12, 2012 | Posted in
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Transocean Ltd. today announced that it has been awarded 10-year contracts for four newbuild dynamically positioned ultra-deepwater drillships by Royal Dutch Shell (Shell). Shipyard delivery for the first drillship is scheduled for mid-2015. The remaining three drillships are expected to be delivered from the shipyard at approximately six-month intervals thereafter. After customer acceptance, the contracts […]
September 28, 2012 | Posted in
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VideoRay, The Global Leader in small Remotely Operated Vehicle (ROV) Technology, will be displaying the latest Pro 4 ROV system at OTC 2012 in Outdoor Booth #202 directly in front of the main patio entrance to the Reliant Center. With more than 2,000 ROV systems delivered worldwide, VideoRay ROVs are the capable and proven small […]
April 4, 2012 | Posted in
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Wave energy developer, Carnegie Wave Energy Limited, advises that the CETO 4 unit is awaiting deployment on Reunion Island in the Indian Ocean. The deployment has been delayed and is now awaiting the necessary weather window to ensure a safe installation. Carnegie will provide a further update after installation has occurred. The CETO 4 unit […]
April 4, 2012 | Posted in
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Royal Netherlands Navy Locate Two Drowning Victims with VideoRay ROVs within Two Months of the Systems Being Delivered On January 10, 2012 VideoRay LLC of Phoenixville, PA, along with Dutch partner Nautikaris BV of Ijmuiden, Netherlands, completed the site acceptance test of four VideoRay Pro 4 submersible systems with spare parts, accessories, and custom modifications […]
February 28, 2012 | Posted in
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SPT Group has launched MEPO 4, the next generation of its market- leading solution for optimising reservoir flow models. Used by oil and gas companies for risk reduction, uncertainty management, well location optimisation and assisted history matching, MEPO helps reduce cost and cycle times at all stages of the reservoir management decision chain. MEPO has, […]
December 5, 2011 | Posted in
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Swiber Holdings Limited , a world class integrated construction and support services provider to the offshore oil and gas industry today reported a 98.4% increase in net profit to US$15.9 million for the three months ended September 30, 2011 (“3Q2011”), in tandem with a 12.5% increase in revenue to US$137.7 million over the same period. […]
November 14, 2011 | Posted in
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VideoRay Remotely Operated Vehicle Obtained by Ottawa County Sheriff’s Office in Michigan, USA for Underwater Inspection, Safety, and Security. The Ottawa County Sheriff’s Office Dive Unit, based in West Olive, Michigan, USA, is responsible for water related incidents within Ottawa County such as drowning, near drowning, evidence, and stolen property recoveries. The divers are trained […]
May 25, 2011 | Posted in
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Deep Sea Supply announces that we have been awarded time charter contracts for the AHTS vessels “Sea Jaguar”, “Sea Cheetah”, “Sea Ocelot” and “Sea Hawk 1″ with Gazflot for operations in the Sakhalin area. The duration of the contracts are 6 - 7 months. The vessel “Sea Hawk 1″ is time chartered from “JSE Shipping […]
April 26, 2011 | Posted in
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Underwater ROV Repays Initial Investment by Bureau of Reclamation with First Use. The United States Bureau of Reclamation’s Underwater Investigations Dive Team (an agency of the US Department of the Interior) is responsible for all underwater investigation for the Bureau’s hydro-electric dams. Under pressure to work faster, safer, and more efficiently, they investigated the latest […]
