Petroleum Geo-Services (PGS), a company which offers a broad range of products including seismic and electromagnetic services, data acquisition, processing, reservoir analysis/interpretation and multi-client library data, has announced the highlights of the first quarter 2013. The company pointed out the following: - Revenues of $394.8 million, up 8% from Q1 2012 - EBITDA of $202.3 […]
AXYS Technologies Inc. (AXYS) has recently been awarded a contract by the Fisheries and Marine Institute of Memorial University of Newfoundland (MUNs) for 8 oceanographic buoys for delivery later this year. The buoys; 4 – 3 Metre buoys, 2- WatchKeeper™ buoys and 2 – TRIAXYS™ buoys will expand the existing near shore coastal network off […]
Aker Solutions has successfully completed the manufacturing and subsequent load-out of eight subsea manifolds and six riser bases for Eni Norge’s Goliat project in the Barents Sea. On Tuesday 27 March the load-out commenced. This weekend, the heavy lift vessel Happy Dragon will sail away with her giant load. “This is probably the largest […]
March 30, 2012 | Posted in
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Russian defense ministry posted an order for 8 autonomous underwater vehicles Gavia on state procurement website; the submersibles are produced by Iceland company Hafmynd. The purchase will be held upon results of an open tender. Russian military is about to spend RUR 742.2 mln for underwater robots. All purchased submersibles are to serve in military […]
February 3, 2012 | Posted in
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The Compact- 8 range of subsea bolt tensioning tools from UK manufacturer and global supplier, Tentec, introduces a new generation of subsea bolt tensioning tools. This unique and innovative range of tensioners was launched at Offshore Europe 2011 last week. Comprising just 8 bolt tensioning tools, the Compact- 8 series is capable of tensioning […]
September 13, 2011 | Posted in
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Deep Down, Inc. , an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, announced it has just completed the assembly and test running of its own 3,200 MT carousel located at Core Industries near Mobile, Alabama, and has recently been awarded two more large carousel contracts in […]
Kreuz Holdings Limited, a subsea service provider for the oil and gas industry, reported that profit for the period jumped over 8-times to a record US$5.7 million for the three months ended March 31, 2011 on the back of a 292.2% increase in revenue to US$26.1 million. Sequentially, revenue grew by 27.9% from fourth quarter […]
May 13, 2011 | Posted in
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