Petroleum Geo-Services ASA announced the second quarter and first half 2012 results. The company highlights of the second quarter 2012 are revenues of $404.8 million, up 24% from Q2 2011; record MultiClient revenues of $236.0 million, up 48% from Q2 2011; marine Contract revenues of $128.5 million, down 7% from Q2 2011 and an order [...]
Petroleum Geo-Services ASA (PGS) has announced results for first quarter of 2012 with the following highlights: - Revenues of $365.0 million, up 51% from Q1 2011 - EBITDA of $145.7 million, up 100% from Q1 2011 - EBIT of $35.8 million, up $33.3 million from Q1 2011 - Total MultiClient revenues of $157.9 million, [...]
May 8, 2012 | Posted in
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Swire Pacific Offshore Operations (Pte) Limited (SPO) announces the receipt of Fugro’s “Top Notch Award for 2011″ for the performance of its 6-streamer 3D seismic survey vessel, Geo Natuna. The award was introduced by Fugro Geoteam two years ago to recognise the vessel with the lowest downtime in their fleet. The scheme’s objective is to [...]
March 1, 2012 | Posted in
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Aker Solutions has appointed Bengt Larssen as head of its geo business. Mr Larssen has since February 2010 been with Aker Solutions’ geo business as vice president exploration. Prior to Aker Solutions he has spent 16 years in various management positions at Schlumberger/Western Geco, operating as geophysicist on both the exploration and production side [...]
GEO has finished the geotechnical site investigations for the projected German offshore wind farm, Gode Wind I. The investigations consisted of 77 deep CPTs, carried out from the vessel Blue Alfa. The offshore wind farm is located 40 km off the German coast, west of Cuxhaven. It will generate 231 MW and is owned [...]
August 8, 2011 | Posted in
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Petroleum Geo-Services ASA published second quarter and first half 2011 results. “We delivered our best quarterly MultiClient sales ever with pre-funding revenues boosted by high GeoStreamer MultiClient activity in the North Sea and Australia. We also experienced strong interest for our MultiClient library in most regions. Marine Contract EBIT margin is expected to be in [...]
GEO has just completed a geophysical survey for the sea cable connecting the island of Anholt with the Anholt Offshore Wind Farm. In continuation Energinet.dk has asked to carry out a Vibrocore and CPT campaign along the cable route and a CPT campaign along a cable route in the Little Belt. Anholt Offshore Wind Farm [...]
Geo Networks (Geo), a provider of high-performance fibre networks, has signed a commercial agreement with EirGrid, Ireland’s prominent electricity system operator and developer, to provide a second fibre optic subsea cable between the UK and Ireland. This route forms the second half of the diverse fibre connectivity ring between North Wales and Dublin, providing Anglo-Irish [...]
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