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

Hayward Tyler appoint new Group Managing Director

2008.07.04 - Company News -

Hayward Tyler appoint new Group Managing Director

Hayward Tyler Ltd – a leading manufacturer of pumps and motors for the oil and gas industry – is pleased to announce that David Boughey has been appointed as Group Managing Director. Full text

Spectrum ASA lists on Oslo Axess Stock Exchange

2008.07.03 - Company News -

Spectrum ASA lists on Oslo Axess Stock Exchange

Spectrum ASA (Spectrum), a newly established company, has been floated on the Oslo Axess Stock Exchange following a successful initial public offering (IPO). Spectrum has demerged from Norwegian parent company GGS ASA to specialise in the provision of seismic services for the oil exploration industry. Full text

Subsea 7 division i-Tech expand ROV business in Australia

2008.06.23 - Company News -

Subsea 7 division i-Tech expand ROV business in Australia

Subsea 7 Inc (OSE Symbol: SUB), through its i-Tech division, today announced the relocation of its office in Perth, Western Australia, to support its expanding ROV and remote intervention tooling businesses in the Asia-Pacific region. Full text

Subsea 7 acquire Skandi Navica pipelay installation vessel

2008.06.23 - Company News -

Subsea 7 acquire Skandi Navica pipelay installation vessel

Subsea 7 said today that it has acquired the Skandi Navica pipelay and construction vessel
for approx USD 62 million. The vessel has been under charter with Subsea 7 for eight years and has a track record of successful pipelay installation projects across the globe. Full text

Teledyne increase ownership in subsea instrumentation company Ocean Design

2008.06.13 - Company News -

Teledyne increase ownership in subsea instrumentation company Ocean Design

Teledyne Instruments, Inc., recently increased its ownership interest in Ocean Design, Inc. (ODI). On May 29, 2008, Teledyne Instruments acquired additional shares of ODI, representing approximately 21% of the fully diluted outstanding shares, for $35 million. Full text

Andrea Castoro appointed head of projects at First Subsea

2008.06.09 - Company News -

Andrea Castoro appointed head of projects at First Subsea

Subsea connections specialist, First Subsea has strengthened its management team with the appointment of Andrea Castoro as head of projects. The Italian chartered engineer will be responsible for a team of project engineers designing and delivering Ballgrab subsea products. Full text

Subsea 7 buy Skandi Navica pipelay and construction vessel

2008.05.26 - Company News -

Subsea 7 buy Skandi Navica pipelay and construction vessel

Subsea 7 announced today that it has acquired the Skandi Navica pipelay and construction vessel for approximately USD 62 million. The vessel has been under charter with Subsea 7 for eight years and has a track record of successful pipelay installation projects across the globe. Full text

ODIM with strong growth and record high backlog

2008.05.21 - Company News -

ODIM with strong growth and record high backlog

ODIM maintained strong growth into 2008 owing to a high level of activity in the offshore sector. An order intake of NOK 542 million in the first quarter brought the backlog to a new record of NOK 2 162 million, following a particularly strong quarter for the seismic segment with a reported intake of NOK 340 million. Full text

Neptune acquires second support vessel

2008.05.21 - Company News -

Neptune acquires second support vessel

Leading engineering services company, Neptune Marine Services Ltd (ASX: NMS) has signed a memorandum of agreement (MOA) with Singapore based Nor Supply Pte Ltd for the acquisition of the vessel, Nor Sea. Full text

Speciality Welds annonce subsea welding training accreditation

2008.05.11 - Company News -

Speciality Welds annonce subsea welding training accreditation

Speciality Welds Ltd are pleased to announce the underwater welder training course ‘WeldCraft-Pro’® is now fully accredited through EAL/SEMTA Awards. This training course is based on an 80 hour syllabus, split over two phases (dry and wet). Full text

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