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

Roxar about to announce large subsea contracts

2008.08.19 - Company News -

Roxar about to announce large subsea contracts

Roxar today announced their second quarter results. The subsea hardware division financial performed was down due to delays in subsea projects. Roxar said they have reason to believe that they will win some larger subsea hardware contracts in the third quarter. Full text

Acteon reorganize companies to strengthen subsea market position

2008.08.13 - Company News -

Acteon reorganize companies to strengthen subsea market position

Acteon Group has several companies with expertise in the well and conductor systems market and has for some time considered how they could work more harmoniously to offer a broader range of products and services. To accommodate this broadening range, Acteon has made some positive changes to strengthen their market position. Full text

Awilco Offshore to drill two wells offshore Libya

2008.08.11 - Company News -

Awilco Offshore to drill two wells offshore Libya

Awilco Offshore through Premium Drilling has received a Letter of Intent from an international operating company for a drilling program of two firm wells plus one optional well for the jack-up drilling rig
WilForce. Full text

Fugro Offshore Survey strengthen subsea activities buying australian SureSpek

2008.08.01 - Company News -

Fugro Offshore Survey strengthen subsea activities buying australian SureSpek

Fugro has acquired the Australian based company SureSpek ISS Pty Ltd. SureSpek, established in 1995, is an Australian based company operating mostly in the Asia Pacific region. The company manages and undertakes subsea inspections on offshore pipelines, jackets and structures, mostly for oil and gas companies. Full text

Transocean to sell two semisubmersible rigs to Northern Offshore

2008.07.29 - Company News -

Transocean to sell two semisubmersible rigs to Northern Offshore

Transocean has announced that certain of its subsidiaries have entered into agreements to sell the GSF Arctic II and GSF Arctic IV semisubmersible rigs to Northern Offshore for total proceeds of approximately $750 million. Full text

Ultra-deepwater semi West Sirius commences operations for Devon Energy

2008.07.25 - Company News -

Ultra-deepwater semi West Sirius commences operations for Devon Energy

Yesterday, the ultra-deepwater semi-submersible rig West Sirius commenced operations for Devon Energy in the Gulf of Mexico. West Sirius, which was delivered from Jurong Shipyard in Singapore on March 31 this year, arrived in the Gulf of Mexico earlier this month and has since arrival been finalizing commissioning and acceptance work for the operator. Full text

Seadrill takes delivery of the ultra-deepwater drillship West Polaris

2008.07.16 - Company News -

Seadrill takes delivery of the ultra-deepwater drillship West Polaris

Seadrill today reported the delivery of the ultra-deepwater drillship West Polaris from Samsung Heavy Industries. The drillship will leave Korean waters tomorrow after completing fuelling and some general mobilisation activities en route to its first drilling assignment for Exxon in Brazil. West Polaris was delivered 10 days after original contract schedule with a final project cost as previously reported Full text

Swiber incorporate Kreuz Subsea

2008.07.09 - Company News -

Swiber incorporate Kreuz Subsea

Swiber Holdings Ltd today announced that a wholly-owned subsidiary of the Company, has incorporated a new
subsidiary known as “Kreuz Subsea Pte. Ltd.” in Singapore The principle activity of the Kreuz Subsea is to engage in subsea services. Full text

Ashtead Technology Rentals buyout by management team

2008.07.09 - Company News -

Ashtead Technology Rentals buyout by management team

Ashtead Technology Rentals Ltd, a leading high-technology rental equipment supplier, is delighted to announce that its management team, with backing from Phoenix Equity Partners, have successfully acquired the business in a £95.6 million ($183.7 million) management buy-out from Ashtead Group plc. The buyout was led by Andy Doggett, Managing Director and Andy Holroyd, President of North America. Full text

Neptune signs LOI with UK based Subsea Engineering Services

2008.07.07 - Company News -

Neptune signs LOI with UK based Subsea Engineering Services

Leading engineering services company, Neptune Marine Services (ASX:NMS) today announced it had signed a letter of intent (LOI) for the acquisition of Aberdeen-based Subsea Engineering Services Limited (“SES”), a specialist provider of subsea consultancy and project engineering services to the global oil and gas industry. Full text

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