Fugro-TSM Asia Pacific, has been awarded a five year Life of Field support contract in Malaysia from Murphy Oil Ltd., with a value in excess of USD 140 million. The work on the project started in May 2012. Fugro-TSM will be responsible for the project management, engineering of a variety of work-scopes and field work [...]
June 15, 2012 | Posted in
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The seismic vessel Polarcus Amani, designed and constructed by ULSTEIN, is one out of three vessels nominated for Ship of the Year 2012. The ship was delivered in March this year, while her sister vessel will be delivered later this month. “To be nominated, the ship must be delivered during 2012, but the degree of [...]
June 12, 2012 | Posted in
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The prestigious Offshore Support Vessel of the Year Award for 2012 was recently given to the North Sea Giant, which was built to DNV class at the Metalships & Docks shipyard in Vigo, Spain. Introduced in 2010, the Offshore Support Journal Awards have been very well received by the industry and this award recognises the [...]
May 23, 2012 | Posted in
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Transinsight announces a five year licensing agreement with Statoil for IGMAS+ (Interactive Geophysical Modeling Assistant), Transinsight’s software for interactive hybrid full tensor gravity (FTG) and magnetic modeling. IGMAS+ easily integrates constraining data into interactive modeling processes by visualizing and combining geodata with density/susceptibility models. In addition to the purchase of corporate software licences, this also [...]
May 9, 2012 | Posted in
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After a record number of entries Fugro have been shortlisted for ‘International Project of the Year’ in the Ground Engineering Awards to be held on May 4th at Grosvenor House Hotel, London. The nomination is for their geotechnical work on the Arkona-Becken Südost offshore wind farm in the Baltic Sea. Fugro were awarded the contract [...]
May 1, 2012 | Posted in
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Forum Energy Technologies, Inc. reported first quarter 2012 revenue of $363.5 million, up 79 percent over first quarter 2011 revenue of $203.1 million. Net income for the first quarter 2012 was $42.5 million, compared to first quarter 2011 net income of $12.4 million. Diluted earnings per share for the quarter were $0.57, a 185 percent [...]
April 27, 2012 | Posted in
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Oceanteam Shipping ASA has announced that it’s new Lay Vessel, CSV North Ocean 105 which is jointly owned with J Ray McDermott (Norway) AS, has been delivered on time and has immediately commenced a five year time charter. The company’s fleet of CSVs now consists of four partially owned North Ocean Series concept vessels. ‘’We [...]
April 23, 2012 | Posted in
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Hydrasun, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy market, has concluded three framework agreements worth a total of £3.5million per year to the company. The recent agreements, for work in the North Sea and internationally, are with several companies including GE Oil & Gas Vetco Gray [...]
April 18, 2012 | Posted in
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SeaHold GEOSHIPS Ltd, a marine and subsea services shipping company, has taken delivery of its second multi purpose support vessel (MPSV) on a contract valued at over £30 million, following a successful year for its current vessel, the Stril Explorer. Formed in 2003, Aberdeen-based GEOSHIPS will manage and crew the MPSV Loch Roag vessel, which [...]
April 13, 2012 | Posted in
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Nautilus Minerals Inc. ended 2011 in a solid financial position with US$149.4 million in cash and cash equivalents, after a milestone year which saw the Company granted the first deep sea “hard rock” Mining Lease for its Solwara 1 project in the Bismarck Sea, Papua New Guinea. The Company today released its 2011 full year [...]
March 27, 2012 | Posted in
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