Prosafe has now signed a contract with Statoil Petroleum AS for the provision of the Safe Scandinavia semi-submersible accommodation vessel temporarily converted for tender support vessel operations at the Oseberg Øst installation on the Norwegian continental shelf. The three year firm period on site operations beginning is subject to existing contractual obligations with Statoil at the Snorre installation, and the temporary TSV […]
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Noble Energy, Inc. announced that the A-2 appraisal well drilled on the Block 12 discovery offshore the Republic of Cyprus has successfully encountered approximately 120 feet of net natural gas pay within the targeted Miocene-aged sand intervals. The Cyprus A-2 well, which is more than four miles northeast of the A-1 discovery location, was drilled […]
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SeaBird Exploration PLC “SeaBird”, a global provider of marine 2D/3D/4D seismic data, and associated products and services to the oil and gas industry, has announced the second quarter 2013 financial results. Revenues and earnings for the second quarter were down from the first quarter as the company actively increased investment in multi-client surveys, prepared the […]
SeaBird Exploration Plc (“SeaBird”) announces that it has been awarded work for approximately USD 16 million in the South America region with the vessel Osprey Explorer. In addition, the Hawk Explorer has now moved to Uruguay and commenced a 4,000 km survey for Spectrum. This survey will be covered under the current framework agreement. As […]
May 28, 2013 | Posted in
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SeaBird Exploration PLC “SeaBird”, a global provider of marine 2D/3D/4D seismic data, and associated products and services to the oil and gas industry, has today announced the first quarter 2013 financial results. Revenues for the quarter were $48.6 million, an increase of 42% compared to the comparable period in 2012 and up 39% relative […]
TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology, announced that it has been contracted by Ocean Specialists, Inc. (OSI) as the supplier of the POSEIDON project, a high-capacity undersea cable system that will enable advanced communications for the oil and gas industry in the Eastern Mediterranean region. Designed […]
March 26, 2013 | Posted in
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Total announces that it has signed two production sharing contracts (PSCs), for Blocks 10 and 11, with the Republic of Cyprus. The PSCs were awarded as part of the second offshore exploration licensing round, launched by the Cypriot government in 2012. The licenses extend over 2,572 square kilometers and 2,958 square kilometers respectively, southwest of […]
February 6, 2013 | Posted in
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Four large fishing vessels and a number a reef poles will be scuttled into the Cypriot Mediterranean throughout the first six months of 2013, as part of a €1.5m project that will create five new marine parks, encouraging the growth and protection of marine life around Cyprus. Funded by the Cyprus Dive Centre Association, the […]
January 8, 2013 | Posted in
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SeaBird Exploration Plc (“SeaBird”) has chartered the 3D vessel “Geo Pacific” from Fugro, through a subsidiary of Ordinat Shipping AS on a 4 month time charter that is intended to be converted into a 3 year bareboat with four one-year options to extend the contract. Ordinat Shipping AS is the largest shareholder in SeaBird. Furthermore, […]
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SeaBird announces that Osprey Explorer has obtained the new class notation introduced by DNV, “Seismic Vessel”. According to DNV, this is the first case were an existing vessel classed with DNV achieve this notation. The new notation focus on following: - Increased availability of the vessels during critical phases of the seismic operations. - Redundant […]
December 14, 2012 | Posted in
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