TGS start 2D Multi-Client survey offshore Africa near Jubilee

TGS start 2D Multi-Client survey offshore Africa near Jubilee

TGS-NOPEC Geophysical Company (TGS) announced today that it has begun acquiring a new 8,600-kilometer multi-client survey offshore West Africa, consisting of long offset 2D seismic, gravity, and magnetic data. This regional program ties to the recent Jubilee discovery on the west side of Ghana and extends across shallow and deep water acreage that is not currently under lease. Full text

Company News

Transocean Deepwater Pacific 1 hull to be launched in March

2008.02.29 - Company News -

Transocean Deepwater Pacific 1 hull to be launched in March

The Deepwater Pacific 1 is the first of the drillships to be built by Transocean Pacific Drilling Inc., a joint venture company between Transocean Offshore International Ventures Ltd. and Pacific Drilling Ltd. at the Samsung Heavy Industries (SHI) shipyard in South Korea. Full text

TechnOcean targets subsea operation supplier Scan Mudring

2008.02.29 - Company News -

TechnOcean targets subsea operation supplier Scan Mudring

GC Rieber Shipping targets a leading position as supplier of challenging subsea operations. The company acquires, through the 52 % owned subsidiary Technocean, the Mandal-based company Scan Mudring. Full text

DOF Subsea relocate vessels for contracts of Australia

2008.02.29 - Company News -

DOF Subsea relocate vessels for contracts of Australia

DOF Subsea get awards offshore Australia for its fleet and related services; the total value of work secured to date exceeds USD33M. Three vessels are now relocated and dedicated to, and operated out of DOF Subsea Asia and ideally positioned to meet demand in the region`s buoyant offshore market.
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Pride well positioned for deepwater drilling

2008.02.28 - Company News -

Pride well positioned for deepwater drilling

We believe our investments in the deepwater market sector are timely, as we continue to witness exceptional activity levels with growing evidence that suggests the strong industry demand for deepwater capacity could remain well beyond 2010. Full text

Oceaneering with record subsea earnings and margins

2008.02.21 - Company News -

Oceaneering with record subsea earnings and margins

Oceaneering said results for the fourth quarter and the year were outstanding and that they achieved record earnings for the fourth consecutive year. The earnings growth was driven by our strategic focus on providing services and products to support deepwater and subsea completion activity. Full text

FMC with record backlog of $3.9 billion in subsea systems

2008.02.15 - Company News -

FMC with record backlog of $3.9 billion in subsea systems

FMC Technologies reported inbound orders for the company in the quarter totaled $2.5 billion, of which $2.0 billion was in subsea systems primarily driven by the Total Pazflor award which had a value of approximately $980 million. Backlog reached $4.9 billion, including a record $3.9 billion for subsea systems. Full text

Aker Kvaerner acquires 3D drilling simulation and visualisation company

2008.02.14 - Company News -

Aker Kvaerner acquires 3D drilling simulation and visualisation company

Aker Kvaerner has acquired a majority shareholding in the Norwegian company First Interactive AS. The agreement includes an option to buy the remaining shares. Full text

Douglas-Westwood Completes its 500th Project

2008.02.12 - Company News -

Douglas-Westwood Completes its 500th Project

Energy business analysts Douglas-Westwood Limited recently completed their 500th project since formation in 1990. The work was for Scottish Enterprise, a key client for the firm since its beginnings. Full text

StatoilHydro high bidding Chukchi Sea Lease Sale

2008.02.07 - Company News -

StatoilHydro high bidding Chukchi Sea Lease Sale

StatoilHydro was the high bidder on 16 leases, of which 14 were joint bids with ENI Petroleum, in Chukchi Sea Lease Sale 193 in Alaska announced on 6 February. StatoilHydro will be the operator of all leases. Full text

Roxar Donates Reservoir Modeling Software to Heriot-Watt’s

2008.02.05 - Company News -

Roxar Donates Reservoir Modeling Software to Heriot-Watt’s

Roxar has donated 164 licenses of its industry leading IRAP RMS™ reservoir modeling software Heriot-Watt University’s Institute of Petroleum Engineering. Full text

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